The Economic Implications of State-based Chemicals Regulation: Two Approaches

We are seeing two important, and in some ways, potentially contradictory trends in manufacturing these days. On the one hand, there are signs of a transformation and rebirth in domestic manufacturing. Technological innovations such as 3D printing and robotics are lowering the cost of manufacturing at home, while global trade tensions are leading companies to shorten their supply chains. This raises the possibility of a new round of job creation in local domestic manufacturing.