Nice story on msnbc on the myth of the death of American manufacturing, here are some highlights…

U.S. workers produce 21% of all factory goods made globally, or about $1.7 trillion worth per year. That’s significantly lower than the peak of 28% in 1985 but only slightly below the long-term average of 23% for 1970 through 2006.

Much of this is business to business products so we don’t see it on the shelves when we go shopping. However, my favorite part of the article is about people

Why do so many U.S. companies still make so much stuff on their home turf when cheap labor beckons abroad? They say the highly motivated and well-trained U.S. work force is well worth the “extra” labor cost….Because of their skills and ability to learn how to use complex production equipment so often found in factories now, U.S. workers may not be as “expensive” as they seem. They remain by far the most productive in the world.

Actually, it really doesn’t matter if you are manufacturing a high tech jet engine or running a McDonalds it all does come down to the people. Highly motivated and well-trained people are the result of solid leadership. If you look around and don’t see highly motivated people the next place to look is at the leadership – and for many of my readers, that is you. But you can make a difference and do every day. Keep at it and Stay Inspired….

here is the link to the piece
http://articles.moneycentral.msn.com/Investing/CompanyFocus/the-myth-of-us-industrys-demise.aspx

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