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Contents contributed and discussions participated by Nathan Saphore

Nathan Saphore

The U.S. should encourage more manufacturing here at home: New Balance CEO | Daily Tick... - 1 views

  • The United States today has fewer people working in manufacturing than it had in 1941 before the Japanese attack on Pearl Harbor and the rush to produce weapons. But not all U.S. manufacturers are shadows of their former selves
  • Rising labor costs in foreign markets
  • incentives to make things closer to consumption
  • ...8 more annotations...
  • Investment and innovation
  • global economy
  • U.S. manufacturing is expanding
    • Nathan Saphore
       
      It's surprising to me that 25% of New Balance's shoes are made in the U.S. and that 1300 employees are working in the U.S.
    • Nathan Saphore
       
      This connects to the theme of Mobility because New Balance has to determine what would be the best way for them to transport their goods to the markets and consumers, at the lowest costs.
    • Nathan Saphore
       
      This relates to industry because it shows that the labor costs are increasing in foreign countries, like China that is known for cheap labor, and it will cost less for the company to make their products in the U.S. and have them closer to markets. This is a situation factor because of transportation costs.
    • Nathan Saphore
       
      Will domestic product of goods increase and how would this affect countries that are currently "hubs" for cheap labor? How will those countries react?
    • Nathan Saphore
       
      http://businesstheory.com/136-increase-chinas-minimum-wage-compete-global-manufacturing/ The article above relates to this article because it talks about how higher wages in China will push factories to other places with cheaper labor, like Vietnam. The gap between U.S. and Chinese labor costs are shrinking, which helps explain why companies like New Balance are able to have industries in the U.S. instead of foreign countries.
Nathan Saphore

State Proportion of the Cuban-Born in the United States - 0 views

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    The reason why so many Cubans are located in Florida and especially in Miami is because it is only a short distance between Cuba and Florida, allowing for easy access. The other areas are major cities and metropolitan areas that will provide many job opportunities.
Nathan Saphore

The foreign born from Asia in the West - 0 views

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    What surprised me was that most of the foreign born from Asia are located in California and the West in general. California has many job opportunities for people, but so do other industrialized states. I wonder why the West is so appealing to immigrants from Asia?
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