Major shifts in cost competitiveness around the world over the past decade are starting to spur a number of companies to change their global sourcing and manufacturing investment strategies, according to The Boston Consulting Group's report, The Shifting Economics of Global Manufacturing: How Cost Competitiveness Is Changing Worldwide.

More than a third of U.S.-based manufacturing executives at companies with sales greater than $1bn are planning to bring back production to the United States from China or are considering it, according to a new survey by The Boston Consulting Group (BCG).