Overseas Factories Lose Edge Cost Benefits to Leaving U.S. Lessening, Report Says

Summary

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Costs that hamper the competitiveness of U.S. manufacturers have fallen in recent years compared with those of foreign producers, an industry group in Washington, D.C., said Thursday.

The National Association of Manufacturers reported that structural costs, which include expenses such as health care, taxes and environmental cleanup issues, have fallen since 2003 relative to the United States' nine largest trading partners.

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Extract

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Overseas Factories Lose Edge Cost Benefits to Leaving U.S. Lessening, Report Says

U.S. manufacturers now face a 17.6% disadvantage because of the structural costs, down from 22.4% in 2003 and 31.7% in 2006, according to the study that compared the U.S. with Canada, Japan, Germany, Korea and the Unite...

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