Daily News: September 28, 2012

U.S. Importers Leaving China to Manufacture Goods Elsewhere


Due to uncertain macroeconomic conditions in Europe and China, importers and manufacturers who sell to America’s retailers continue to be concerned with the economic resources of manufacturers, according to Capital Business Credit (CBC), a non-bank lender that services the retail sector.

The CBC quarterly Global Retail Manufacturers and Importers Survey found that about a quarter (26%) of importers of retail goods surveyed have moved some of their manufacturing out of China, and 40% are considering moving some of their production out of the country.

When asked the same question in February of 2012, during the Spring 2012 Global Retail Manufacturers and Importers Survey, 50% of respondents said they would consider moving some of their production out of the country