Factory Rebirth Fizzles in U.S. as Work Shipped Overseas: Jobs

Factory Rebirth Fizzles in U.S. as Work Shipped Overseas: Jobs

Daniel Acker/Bloomberg

Higher taxes and employee benefits boost U.S. manufacturing costs to 9 percent more than the average of the country’s nine-largest trading partners, according to a Sept. 3 report by a team of JPMorgan Chase & Co. analysts.