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US economy shrank 0.5% in the first quarter, worse than earlier estimates

(apnews.com)
355 points Aloisius | 1 comments | 26 Jun 25 19:23 UTC | HN request time: 0.249s | source
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joering2[dead post] ◴[26 Jun 25 20:53 UTC] No.44391242[source]▶
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1. danans ◴[26 Jun 25 21:13 UTC] No.44391442[source]▶
> The only inconvenience is the package takes about 10 days of delivery, no other differences. My company located in Texas is letting go the final employees at the end of this month, some 45 emps.

That's sad for those employees in Texas, but relatedly, why were you manufacturing in Texas before? Was it just quick delivery or were labor rates lower in Texas?

Based on your description, your product sounds like it requires highly skilled assembly labor.

How much would labor rates have to fall in Texas for you to move manufacturing back despite the tariffs?