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Friday, August 23, 2013

US Manufacturing Resurgence Won't Help Middle Class

The United States spent decades watching manufacturing jobs go overseas as the sector contracted. Now, some are projecting a renaissance, but perhaps the middle class shouldn't get too excited.

Experts and industry insiders point to indications that manufacturing activity is returning to the United States bringing long-lost jobs with it.

For example, Motorola Mobility plans to assemble smartphones in the Texas, Apple has announced plans for a Mac production line also in Texas, which will use components and equipment from Illinois, Florida, Kentucky and Michigan, and the Lenovo Group has opened a plant in North Carolina making Thinkpads, USA Today reported.

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