The Reshoring Initiative is reporting the reshoring trend was stronger than ever in Q3

Trade & Border IssuesHot Spots
Written By Jennifer Joslyn

🇺🇸 The Reshoring Initiative is reporting the reshoring trend was stronger than ever in Q3.

While we’re assuming there’s no conflict of interest in this report, the group is claiming that due to the business decision, 350,000 jobs were announced in 2022. This is a record-breaking number compared to 255,000 in 2021. Re-shoring, also known as "onshoring" or "insourcing," refers to the process of bringing manufacturing or other operations back to a company's home country that had previously been outsourced to another country.

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Jennifer Joslyn
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