So Walmart is committed to buying 250 billion worth of US made products over the next 10 years.
Hmmm... Can’t help but wonder how much of their inventory is domestically sourced already. 25 Billion a year is nothing to sneeze at if it’s in addition to what they already spend on made in the USA products but I have no idea what the baseline is or how much of an inventory percentage it will represent.
That would make a big difference in my book.
I’d be surprise if more than 1% of Walmarts inventory is manufactured in the US.
The more Walmart locally sources, the more other businesses will locally source.
Its amazing to me how little most Americans understand about how manufacturing actually works. They get their impressions from the auto industry or some other big industry like Boeing when they aren’t really typical of manufacturing as a whole.
Those big factories produce 1 product day in and day out. The parts suppliers don’t operate that way. The plastics shop that produces wheel covers for GM or Toyota are running a half dozen different secondary jobs on the side to supply different customers and industries.
I worked in a shop where our primary job was for Cadillac but we also made Ford, Toyota, and Jeep parts. Occasionally they made toys like frisbees or the plastic playhouses. In a sense, the big jobs help support the small jobs.