Buy American, By Americans
Lori elaborated on how difficult it is to hold an overseas manufacturer responsible for safety violations. "In the case of overseas manufacturers, typically it is very difficult to sue or collect money from violating companies, unless for example the companies have assets or a substantial presence in America," she explained.
What Will Tomorrow Bring?
With increased faith in economic growth, the Federal Reserve boosted its forecast for the United States Gross Domestic Product (GDP) for 2011 from 3.6 percent to 3.9 percent. (GDP measures everything produced by all the people and all the companies in the United States). This is an upward trend that is sure to make American manufacturers smile.
Ellis's take on the future of suppliers that sell American-made products is positive. "My own view is that having such an 'unfair advantage' in a market such as promotional products provides an important edge over other supplier companies offering imported products in the same categories ... We can expect the future for this class of suppliers to be relatively bright," he said.
With new opportunities to pull ahead of the competition, based on speed and safety, Meyer agreed with Ellis about the future. He noted, "American manufacturers recognize we once again have an opportunity to lead the world in the production of safe, innovative, useful products. Made in the USA still means something around the world and whether it is promotional products, new battery technologies or cancer-fighting drugs, the world is eager to see our work."