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U.S. Manufacturing Reshoring Study

November 27, 2017 Article 1 min read
Authors:
Tim Erdmann
What’s preventing you from reshoring?

View of a modern city scape from train tracks

Thank you for your interest in the U.S. Manufacturing Reshoring Study. The survey is now closed, and results will be announced shortly.

Plante Moran and the Reshoring Initiative invite you to participate in the U.S. Manufacturing Reshoring Study. Your responses will help identify what prevents manufacturers from reshoring and what U.S. policy changes would motivate you to reshore.

Announcements of reshoring and Foreign Direct Investment (FDI) are up over 200 percent vs. 2016 YTD. Many of these announcements are driven by expectations of manufacturing-friendly policy changes. Plante Moran and the Reshoring Initiative launched the pivotal U.S. Manufacturing Reshoring Study to identify the changes most likely to extend this favorable trend. Survey responses will provide valuable insights into how much manufacturers offshore, what drives them to offshore, and what U.S. policy changes would motivate them to reshore.

For the first time in decades, more manufacturing jobs are returning to the United States than are going offshore. However, about four million manufacturing jobs have still been lost to offshoring over the last decades, based on the $500 billion U.S. trade deficit. The Reshoring Initiative concludes that about 25 percent of these jobs are reshorable at current levels of U.S. competitiveness. The survey will provide insight into the mix of policy changes needed to reshore the other 75 percent.

 

 


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