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Essay

The Real Cost Of Offshoring

Essay specific features

 

Issue:

Business

 

Written by:

George W

 

Date added:

June 5, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2236

 

Was viewed:

8035 times

 

Rating of current essay:

 
Essay content:

economy. And with good reason. Despite the latest slow quarter, official statistics show that America's economic output has grown at a solid 3.3% annual rate since 2003, a period when imports from low-cost countries have soared. Similarly, domestic manufacturing output has expanded at a decent pace. On the face of it, offshoring doesn't seem to be having much of an effect at all...
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On the face of it, offshoring doesn't seem to be having much of an effect at all. [pic] [pic][pic][pic][pic] But new evidence suggests that shifting production overseas has inflicted worse damage on the U.S. economy than the numbers show. BusinessWeek has learned of a gaping flaw in the way statistics treat offshoring, with serious economic and political implications...
displayed 300 characters

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