Electric vehicles are said to be the next big thing, and the next sure thing in automotive. How will the US fare? Nissan leads the pack. Tesla is second. We have three startups that show promise. Meanwhile, China is gaining and setting itself up to be an indispensable part of the EV automotive supply chain.…
By Steven L. Byers, PhD, and Jeff Ferry The CPA Reshoring Index (CRI) rose to +173 in the first quarter of 2020, indicating that US manufacturers gained 1.73 percentage points of market share in the US market for manufactured goods. Import penetration in US manufacturing in the first quarter fell to 28.9%, its lowest level…
According to a new CPA analysis, a Congressional five-year $1.5 trillion infrastructure investment plan could create 2.5 million jobs by 2025 while bringing sorely needed improvement to the nation’s deteriorating infrastructure. However, the analysis finds that a quarter of the spending would go on imported materials and supplies. The same infrastructure plan implemented under a…
