Copying and distributing are prohibited without permission of the publisher

(AMM) 'Reshoring' debate heats up among trade groups

August 20, 2010 - 23:02 GMT Location: LOS ANGELES

KEYWORDS: Federal Reserve , AAM , Alliance for American Manufacturing , onshoring

A debate among industry groups about the effectiveness of a "reshoring" campaign being waged by some domestic trade organizations has been reignited by data released by the Federal Reserve showing a decline in the amount of overseas business returning to the United States vs. two years ago.

A debate among industry groups about the effectiveness of a "reshoring" campaign being waged by some domestic trade organizations has been reignited by data released by the Federal Reserve showing a decline in the amount of overseas business returning to the United States vs. two years ago.

The Alliance for American Manufacturing (AAM) is arguing that responses to a survey conducted by the Federal Reserve Bank of Philadelphia have exposed the "myth" that onshoring (another term for reshoring) is growing in this country.

Claims that reshoring is on the rise are "a lot of hot air," Scott Paul, director of the AAM, said Friday,...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.


subscribe to this feed Comment & analysis

  • COMMENT: Glenstrata still has to break the mould

    The news that Glencore and Xstrata are in merger talks would only come as a surprise to someone living under a rock, and only then if said rock did not contain any valuable minerals. But now that talks of a tie-up of the world’s largest metals trader and its fourth largest miner have finally moved into the boardroom, hypothetical questions have become real, and the answers are far from certain.

  • APEX FULL YEAR 2011: Base metal forecasts: astounding accuracy

    Astounding upon astounding: that is how the 2011 leaderboard for Apex, the Metal Bulletin service that tracks the performance of over twenty top base metal price forecasters, appears when you consider it coldly.

  • Raising fees could imperil LME date structure: a broker writes

    The London Metal Exchange plans to introduce a fee for client trades from March. The proposal has aroused some opposition, and prompted one broker to write to Metal Bulletin, requesting anonymity. Here he outlines his concerns. How justified are they? Email aharrison@metalbulletin.com, or tweet @aharrison_mb

Upcoming Events

Most readMost emailed

Popular Searches on MB

MB Glossary


From Aluminium to Zinc...
Search this free glossary on metals