Study: Manufacturing Jobs Are Returning to the U.S.

Contributing editor of Industrial Distribution, Jack Keough, reports that a record level of 60,000 manufacturing jobs brought in to the U.S. during 2014 is being attributed to reshoring and foreign direct investment (FDI) according to a study by the Reshoring Initiative. This is a 400% increase since 2003.  The study finds that government incentives, skilled labor, and growing support of domestic manufacturing proudly displaying “Made in America” labels are the main reasons why jobs are coming back to the U.S., The Southeast and Texas, followed by the Midwest are reported as the primary regions sighted for the bulk of the reshoring projects. While 50 percent of the reshoring comes from China, Mexico falls second with a focus on automotive and appliance.  It can be speculated that more U.S. companies are  now shying away from producing in Europe due to low IP risk compounded by stagnant wage gains and substantial output. Read More at inddist.com.