"The staff at Purchasing Magazine believe the figures are relevant.
Considering that they focus specificly on this demographic, I consider their perspective to have high credibility."
Do you also give them the same credibility when they recommend outsourcing certain tasks to India, China, etc.?
Of course I do.
In the corporate environment within which they work, that would be the logical business decision under current regulatory and taxation conditions. I have never denied that. In fact, that is why I so stridently advocate changing our tax and regulatory policies: so that the Purchasing Managers' analysis would shift to favor domestic supply sources.
In fact, that's all the more reason to believe the staff of Purchasing Magazine rather than the phoney-globaloney "spin" that's put out by the Institute of Supply Management. Their disengenous hype about how domestic manufacturing is supposedly prospering in the United States is directly contradicted by the overwhelming practice of outsourcing production offshore. On this issue, the ISM has no credibility, the staff of Purchasing Magazine does.