Economics @ ITT

Made in the USA may be staging comeback

Posted in economics, International Economics, Policy Issues by ittecon on May 5, 2011

Wages in China are still a fraction of what U.S. workers earn. Direct pay and benefits for production workers in the United States are about $22 per hour, versus only about $2 in China, roughly 9 percent of the U.S. cost.

Article: Made in the USA may be staging comeback.

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