The Reshoring Initiative's 2023 report shows jobs continuing to flow into the United States from Asia as companies look to shorten supply chains and protect themselves against ongoing trade disputes. The figure fell in 2023 from 2022's record but remains well elevated compared to pre-pandemic statistics.
At IndustryWeek and other Endeavor Business Media publications, we've seen that trend building with new battery plants, trucking hubs, pharmaceutical operations and plastic injection molding facilities popping up -- operations that might have gone to Asia a decade ago.
Discussing that trend are: