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Great question, depends on industry and crucial factors such as = spending bills (rather then Fed budget) put huge pressure on downstream manu cos they have to wait to get paid by gov. It's killed our defense Dept procurement.
China can afford to carry that risk/inventory/invoice
Other manufacture (and design) has been outsourced to low cost countries (semiconductor) = low margin products.
Shipbuilding is an industry that we WILL/MUST get back as those ships have to be built on spot, such as Newark. It all left us to Japan/Korea/China (Others also)
Read the Naval college report and US manufacturing report.
VERY bright side, US manufacturing is top patent filer in the world, amazing innovation in US industry. Look up the patents filed and industry, it's breathtaking.
there is little/no slack in skilled Industrial workers
Note that Chinese are 'patent stuffing' in US courts right now, filing fake patents so as to clog up our system, well documented.
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