2017-09-03 — bloomberg.com
``... the breadth of job gains at factories -- from appliance makers to auto makers to fabricated-metal producers -- is the strongest in almost two decades, according to the Labor Department. The manufacturing employment diffusion index surged to 73.1, the highest since November 1997.'' -- This all, of course, pre-dates Trump. As we've been saying for years, the offshoring of jobs based on low cost basis in other countries has long since reached its maximal extent, implying an "onshoring" trend. This could accelerate if (when) the dollar structurally weakens...
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