“. . . reason for the resurgence of U.S. manufacturing: lower electricity prices”

The re-energized story of American #manufacturing from @Mark_J_Perry https://t.co/U34jzMXvPm #shalegas @AEI pic.twitter.com/YgVpAsv7c2

Starting in 2010, U.S. manufacturers have experienced an unprecedented boom, with annual profits above $500 billion in each of the last six years. Based on what is arguably the best measure of the health of the U.S. manufacturing sector – after-tax profits – the industry has been doing better over the last six years than in almost any other comparable period in history. And that’s especially impressive considering the intense global competition from countries with lower labor costs such as China, South Korea and Brazil.

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