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The next wave in US offshoring
Offshore manufacturing in low-cost countries will soon increase sharply as companies there develop capacity in industries previously unaffected by it. Skill-intensive US sectors such as pharmaceuticals and auto parts haven't shifted production overseas so far but are likely to feel the brunt of this next wave of outsourcing.
The take-away: By 2015, manufacturing imports from developing countries to the United States could increase to more than 50 percent of total US manufacturing imports, up from 42 percent in 2002—a shift worth hundreds of billions of dollars.
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© 1992-2003 McKinsey & Company, Inc
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