Signs Of Revival In The US Manufacturing Sector Are Not Obvious.

A recent study released by UBS in Switzerland showed that neither the overall level nor the single commodity category found obvious evidence of manufacturing backflow of developed countries or imports being replaced by domestic production, and it could not prove that the manufacturing industry in the United States began to revive.

According to the report, if some commodities are manufactured to return to developed countries, the import of these commodities in developed countries should have a marked decline, but this is not the case.

Compared with the previous international financial crisis, although the import trade after the crisis is still weak, no matter what commodity category, there is no substitute for import from domestic production in developed countries.

For example, developed markets for textiles,

Demand for low value-added products, such as shoes and toys, has slowed down, but this is consistent with the trend of overall import slowdown.

When these products are still in demand, they still seem to be pported from the developing market instead of being produced in the United States or directly printed by 3D equipment.

The report points out that in the oil industry, oil production in the United States has indeed replaced many oil imports.

In terms of high-tech products such as computers and electronic products, the United States still has the advantage of domestic production, but this does not represent the United States.

Revival.

The report also said that the phenomenon of large-scale robot replacement is exaggerated.

So far there is no indication.

The scale of production is already large enough to shut down factories, lay off large numbers of workers and impact exports to emerging market countries.

For example, for a foundry closely following the current smart phone orders, the manual is still more vigorous than the current intelligent robot.

Once the order changes in the requirements of the new parts, we can quickly equip different employees to adjust the production line so as to follow up the demand changes.

According to the report, future technology has great potential. Many technologies have the potential to reduce production time and wastage, or to reduce the cost of small factories.

But there is little chance that it will have a significant impact on the macro scale in the next 5 years.

For example, in 2011, 3D printing and other rapid prototyping manufacturing technologies accounted for only 0.01% of the volume of shipments in the US manufacturing industry.