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.
Your Pop up Blocker is enabled. Please disable the pop up blocker to load the window.
Switch to the bcg.perspectives web app for an optimized browsing
experience from your tablet. Read BCG's latest content and create your own customized version of the site.