Where can you find new stories about “Made in America”? Once in a while David Muir and Diane Sawyer will run a segment on ABC World News. But did you know that the BBC World News does a regular segment on Made in America? It is called Talking Business with Linda Yueh.
Made in America
Is it a renaissance of the US economy? Could cheap energy, rising overseas wages, and American innovation combine to revive manufacturing? Talking Business travels to the surprising new hub for the auto industry, Tennesee, to find out.
15 February 2015 from BBC World News (For the 3 min 14 second video about Eufala, AL factory closure, click the link)
Decades of outsourcing of American jobs overseas has drastically altered both the country’s economy and the lives of millions. Cheaper labour in developing nations meant that many jobs, like telecommunications and factory work, were sent abroad. In 2003, 150,000 jobs went overseas, and only 2,000 came back.
Once-proud manufacturing centres in countless American towns are now empty, and the workers forced to find new jobs. But is the tide turning?
The BBC’s Natalia Antelava investigates an emerging trend that sees companies bringing the jobs they have outsourced back to the US.
Filmed and edited by David Botti
For more on the BBC’s A Richer World season go to www.bbc.com/richerworld