Reshoring of manufacturing work, shale gas bounty to propel U.S. economy

11/7/2013 | PlasticsNews.com

The abundance of shale gas feedstock in North America and the return of manufacturing activities to the region are set to accelerate growth in the U.S. economy, experts say. The global economy is "showing signs of life" and "U.S. growth is set to strengthen in spite of the problems in Washington," said Nariman Behravesh, chief economist at IHS. "U.S. businesses also are very innovative, which gives us strong reasons to be very optimistic moving forward," said Michael Taylor, senior director of international affairs and trade for the Society of the Plastics Industry.

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