U.S. Manufacturers Gain Ground | WSJ.com

James R. Hagerty reports:

….Boston Consulting Group — a leading proponent of the idea that U.S. manufacturing will come roaring back — predicts a surge in U.S. exports, partly helped by lower energy costs and stagnating wages. In a report for release Tuesday, BCG says rising exports and “reshoring” of production to the U.S. from China “could create 2.5 million to five million American factory and service jobs associated with increased manufacturing” by 2020. That, BCG says, could reduce the unemployment rate, currently 7.4%, by as much as two to three percentage points.

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