Minor point: as far as companies pocketing the savings, this is true. But, I doubt that much of this flowed to the bottom line of the (implied) "greedy manufacturers." Given the increases that were occurring in manufacturing costs in general, the pocketing of the savings may have been more a matter of maintaining existing profit margins while avoiding (or at least minimizing) price increases to the market (i.e.: you and me.)
I don't have any data to back this up, but my own anecdotal evidence indicates that there hasn't been much, if any, increase in prices except where there's been some innovation (such as carbon fiber tent poles.) I think my Pocket Rocket and Titan kettle cost about the same now as when I bought them four or five years ago; likewise, the Hubba tent I have isn't more than $10 or $15 more now than when I bought it.
Fritz, I'm not trying to dispute your comment that we pay more than we should for what we get. I've made several purchases this year that made me gulp hard a couple of times before shelling out the money. I'm also not trying to start any arguments about what constitutes a reasonable profit, or the motives of the larger companies in this industry. But, working with my own small owner-operated business clients (I'm a CPA), I've found that most of the cost-saving efforts they make are aimed more at avoiding price increases than at a quick-and-easy grab for more profits; in fact most are making just about the same profit (which, for an owner, equals his salary) now that they did 5 years ago.
Again, I think you make a good point, but as with most things, there are also some good points on the other side - and I'm not sure where exactly the truth lies. It would be interesting to hear from someone like Henry Shires, who has a foot in both camps (being a very successful owner-operator), has not had huge price increases, and who has not, yet, moved his manufacturing operation overseas. (Franco doesn't count as an overseas "operation."
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I'd be really interested to find out if my impressions are backed up by the data, if anyone has any. As my wife will readily tell you, I've been wrong before.