Quoted: "Good quality but inexpensive" almost requires that you buy new imported or used USA tools.
The Chinese have gotten much better in the QC area the last several years. I've got chinese mikes and calipers that calibrate as close as my American tools. The main question is how would they stand up to constant usage? I don't know, but they are obviously good enough for casual/part time use.
Get a 1 inch chinese mike(15-20 $) and a 6 inch chinese dial caliper(15-25 $) and use them for a while. This will give you a start and you will probably gain enough knowledge to determine whether you need to move up to the priceier name brand tools. Avoid tools made in India, the ones I have seen are not real good.
The "Buying from Red China " thing is a different discussion.
Don in Ohio
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I'm a precision machinist and agree with Don in Ohio.
While I use Brown and Sharpe, Mittutoyo, and Starrett at work, I use imports at home.
I've even taken all my import stuff to work and had it calibrated by our QC guy and it all checks out fine.
The only other recomendation I would make is avoid the chinese stuff and look at the former Soviet block tools.
I know its not kosher around here, but eBay is a good source for precision measuring tools.
Also, when getting a set of 1" micrometers, spend a few more bucks and get some that measure to .0001", you won't regret it.