Is Globalization In Retreat?

iStock/Thinkstock

A growing number of business analysts have been arguing that we are entering a new era of global manufacturing, with the US at center stage.

... the Boston Consulting Group, following up on an earlier survey that suggested “reshoring” of factories back to the US was the new name of the game, issued a report that argued that the US had the lowest manufacturing costs among major exporters in the developed world and was nearly competitive with China.

What do you think?  Is globalization in retreat?

Meanwhile, read:  With manufacturing returning to US, is globalization in retreat?