Reshoring of Production from Asia to North America Accelerates, Report Finds

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Written By Jennifer Joslyn

🌏 Reshoring of Production from Asia to North America Accelerates, Report Finds.

According to Kearney’s 2022 Reshoring Index, 96% of US CEOs are reshoring, already reshored, or considering it. This is an 18% increase since 2021. The trend has grown since the Trump administration's punitive trade policies and was boosted by the pandemic's disruption of global supply chains, leading more than 80% of US companies in almost all industries to move their manufacturing operations back to the country in the next three years. Major growth in a variety of well-positioned countries, often at the expense of China, has also been observed.

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Jennifer Joslyn
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