Executive Briefings

Number of Manufacturing Jobs Reportedly Repatriated to U.S. Is Disputed

This election season, we've heard Republican and Democratic presidential candidates alike decry international trade deals for sending manufacturing jobs overseas. And candidates have vowed to bring the jobs back. Some factory work is indeed returning from offshore, a movement known as "re-shoring."

Number of Manufacturing Jobs Reportedly Repatriated to U.S. Is Disputed

A group called the Reshoring Initiative estimated that over the past five years, as many as 100,000 factory jobs have returned from overseas. But some in manufacturing are skeptical.

“There is simply not a consistent data set where I graph the reshoring variable and show it to people, which I would love to do,” said Cliff Waldman director of economic studies with the Manufacturers Alliance for Productivity and Innovation Foundation.

Waldman said some U.S. manufacturers are eyeing rising labor costs in China or governance issues in Brazil and deciding not to build factories there.

“But that does not mean they're closing out the factory in China and bringing that factory back home,” he said.

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A group called the Reshoring Initiative estimated that over the past five years, as many as 100,000 factory jobs have returned from overseas. But some in manufacturing are skeptical.

“There is simply not a consistent data set where I graph the reshoring variable and show it to people, which I would love to do,” said Cliff Waldman director of economic studies with the Manufacturers Alliance for Productivity and Innovation Foundation.

Waldman said some U.S. manufacturers are eyeing rising labor costs in China or governance issues in Brazil and deciding not to build factories there.

“But that does not mean they're closing out the factory in China and bringing that factory back home,” he said.

Read Full Article

Number of Manufacturing Jobs Reportedly Repatriated to U.S. Is Disputed