How Does Outsourcing Affect The US Economy?

Outsourcing has played a major role for the past three decades in preventing the demise of the US economy. In search for better productivity US companies have flocked to the notion of outsourcing. This way of conducting business for a cheaper price was quickly adopted into the business models of many American companies like Apple, Dell, HP, Nike, General Electric, Caterpillar, Microsoft, Wal-Mart, Chevron, Cisco, Intel, Stanley Works, Merck, United Technologies, and Oracle just to list a few. By outsourcing US companies are able to increase their sales and profits by offering new improved innovative products at a faster pace; naturally US companies would leach on to such a brilliant method of increasing profits. So what is outsourceable? Virtually anything is outsourceable, but not everything, rather specific cost or time saving aspects of a company only; meaning the core aspects of a company should be kept in-house while less essential tasks can be outsourced. With all that is known about outsourcing and its effects on the US economy, where is this trend most likely to head in the future is the question that beckons to be answered.