Reshoring Investments in the U.S. Have Surged to $1.7T

Reshoring Investments in the U.S. Have Surged to $1.7T

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Reshoring Surge: $1.7 Trillion Shift Reshapes U.S. Manufacturing

The reshoring revolution is here, and it’s not just a fleeting trend. Over the past two years, U.S. reshoring investments have skyrocketed to a staggering $1.7 trillion, marking a seismic shift in global manufacturing and supply chain strategies. This surge, initially sparked by pandemic-induced supply chain disruptions and protectionist policies, has gained significant momentum with backing from… Source

Report says reshoring gains momentum, but not in furniture industry - Home News Now

Industry jobs created in 2024 represent less than 1% of the total 244,940 created through reshoring and foreign direct investment WASHINGTON — Reshoring continues to gain momentum as companies both in the U.S. and abroad invest in domestic manufacturing opportunities, according to the Reshoring Initiative’s 2024 report published earlier this week. And despite the higher costs of manufacturing in the U.S., the report noted, shifting global dynami…