Doug is a partner and managing director in BCG's Chicago office.
U.S. manufacturing is becoming more competitive compared with both industrialized nations and low-cost nations like China. High productivity, rising costs abroad, a weakening dollar, and a greater focus on the total costs of production could enable the U.S. to add around $100 billion in manufacturing output over the next decade.
In the next five years, industrial-sector jobs will likely return to U.S. shores as wages rise in China and other low-cost countries.
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