On top of that, companies looking to produce smaller batch orders will have turnaround issues when manufacturing overseas, said Menendez.

FORBES: Made in the USA: Bringing Industry Back Home

High uncertainty in credit markets has been caused by the Greek crisis, worries about the Italian and Spanish economies, and concerns about the effects of the debt agreement in the US. This is making it more difficult for smaller manufacturers with weaker balance sheets to acquire cost effective working capital to service orders on their books.

FORBES: Small European Firms Face Tough Manufacturing Marketplace

But orders for smaller jets have nosedived, forcing Cessna and Hawker Beechcraft, two American firms dependent on this end of the market, to make drastic cuts.

ECONOMIST: Corporate jets