Why some manufacturers are “reshoring” their operations

Description

Abstract: In recent years, there has been an emerging reshoring trend among U.S. manufacturers. The Reshoring Initiative, a nonprofit organization, estimates that from 2021 to 2022, the number of new U.S. jobs from reshoring and foreign direct investment increased by nearly 35%. This short article covers some reasons manufacturers should consider using domestic sources and some of the potential roadblocks.