Study: US manufacturers gaining competitiveness

By Paul Wiseman

Published April 25, 2014 4:39am ET

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Study: US manufacturers gaining competitiveness — A forklift arranges the shipping containers near a port in Shanghai. U.S. manufacturers have grown more competitive over the past decade compared with factories in China, Brazil and most of the world's other major economies. So says a new private study issuing a report Friday April 25, 2014, which found that rising wages and higher energy costs have diminished China's long-standing edge over the United States. (AP Photo/Eugene Hoshiko, File) | Eugene Hoshiko

WASHINGTON (AP) — U.S. manufacturers have grown more competitive over the past decade compared with factories in China, Brazil and most of the world’s other major economies.

So says a new private study, which found that rising wages and higher energy costs have diminished China’s long-standing edge over the United States. So has a boom in U.S. shale gas production. It’s reduced U.S. natural gas prices and slowed the cost of electricity.

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