The July "Fabricating Update" e-newsletter featured reader comments about wages and whether employers are suppressing them to boost profits. These comments were inspired by a quote in the June issue from a reader reflecting on a potential manufacturing renaissance: "It is great that the companies are making increased profits, but with the trade agreements, are they doing it by suppressing wages? We have companies here in Michigan that use the threat of moving work to Mexico to gain wage concessions!"
The possibility exists that some companies are doing just that. At least it would appear so from some of the comments we received. (more...)