U.S. Manufacturing Gaining on Global Competition
BOSTON—After decades of hollowing out, U.S. manufacturing is overtaking competitors and stands to grab up to $115 billion more in export business from rivals by 2020, a new report said Tuesday. By 2015, average manufacturing costs in the five major advanced export economies—Germany, Japan, France, Italy and Britain—will be 8 to 18 percent higher than those in the United States. MORE
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