OutsourceWorld, a conference and thought-leadership forum focused on driving business development in the global sourcing industry, today announced a positive trend that is emerging from outsourcing locations popular five years ago.
Companies from countries such as India and China are establishing offices and conducting business activities that are bringing jobs and capital back to the United States.
One of the reasons behind the trend is the economic maturation of these locations over the past five years, which has allowed global businesses to emerge in these countries. The influx of resources incurred by the early wave of U.S. company-backed outsourcing was critical in helping the companies establish themselves and grow.
This boomerang effect shows that outsourcing is a natural development of an interconnected global economy and one that has positive aspects for U.S. workers.
“Over the past five years, outsourcing has matured as a trend, and we are now witnessing the positive effects that the practice has for U.S. workers and the economy,” said David Etzler, CEO of OutsourceWorld, LLC. “Companies from India and China are establishing operations and conducting business in the United States at record numbers, leading to wealth creation and employment opportunities on U.S. soil. This trend is a positive effect from the outsourcing activities that have taken place over the past five years and shows how outsourcing is an important component in a successful global market.”
Source: OutsourceWorld
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