At Home & Abroad
The state of manufacturing, both domestic and overseas
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LINGERING ISSUES
With growth at home and contraction overseas, does this mean everything is going perfectly for U.S. manufacturers? Not exactly.
While U.S. manufacturing is doing well, there are still some issues impeding its growth. Raw material costs and tax rates are meaningful challenges American manufacturers are currently facing. "The biggest issue in U.S. manufacturing is cost of producing goods," Janine Cannici, marketing communications manager for VisionUSA, Rahway, N.J., said. "Raw materials and production costs are continually on the rise, and it is a challenge for any U.S. supplier to adapt and keep [the] price of goods competitive and marketable."
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Michael Cornnell
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