The issue of offshoring is therefore of interest. When the US or EU "offshores" production what are the economic implications? This overview piece from IPZone provides a good summary and draws on articles from Business Week and BEA (Bureau of Economic Analysis).
As a user of BEA data the article makes interesting reading.
Offshoring: BusinessWeek vs. BEA
The final quote paragraph states:
I too have gripes about BEA data, but all the same, I have serious conceptual problems with these "new economy"-type arguments that offshoring/outsourcing/globalization have rendered national statistical data collection as we know it obsolete. Still, it's food for thought and presents ammunition for the globalization-is-evil crowd whose numbers are legion.