MIT Sloan Management Review Article on A Reshoring Renaissance Is Underway

Companies are building manufacturing facilities in the U.S. at a pace not seen in decades. A confluence of factors is driving this trend: Amid supply chain bottlenecks, rising labor and transportation costs, U.S. tariffs on China, and geopolitical tensions, companies recognize the value of reshoring production. U.S. industrial policies favoring domestic manufacturing are also informing these decisions, including new laws seeking to address national security threats, economic disruptions, and dwindling access to key technological components. The result is an early-stage U.S. reshoring renaissance.

About the Author

Erin McLaughlin is a senior economist at The Conference Board. Dana M. Peterson is chief economist of The Conference Board.

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