April 18, 2016
How much could the return of factory jobs add up to?
Two?
A few years ago, Hiawatha Rubber, a small precision manufacturer outside Minneapolis, enjoyed some employment gains tied to reshoring. Howard Hauser, vice president of operations, said some of the firm’s customers suffered quality issues with Asian suppliers and handed the work to Hiawatha instead.
“We did bring a couple jobs back, but that kind of stopped then. That trend has not continued,” he said. “So at this point I would look back at that and say that was a bit of a fluke.”
Two! Woohoo! I knew it! What do I win?
Hello? Damn. I think it was a rhetorical question. Sigh.
Monday Night Futures
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Tuesday:
• No major economic releases scheduled.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 32 and DOW
futures are up 225 (fair value).
11 hours ago
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