Aug. 30, 2017

Manufacturers to be Surveyed on Reshoring

Plante Moran and the Reshoring Initiative will jointly launch the U.S. Manufacturing Reshoring Study. The organizations encourage businesses to participate in the study’s survey, as responses will provide insights into how much manufacturers offshore, what drives them to offshore and what U.S. policy changes would motivate them to reshore.

Manufacturers and distributors can complete the survey online at www.reshoringsurvey.com. Survey findings will be shared with the Trump Administration, Congress and survey respondents later this year. The survey takes approximately 15 minutes to complete and will close at 8 p.m., Friday, Oct. 20.

For the first time in decades, more manufacturing jobs are returning to the United States than are going offshore. However, about 4 million manufacturing jobs have still been lost to offshoring over the last decades, based on the $500 billion U.S. trade deficit. The Reshoring Initiative concludes that about 25 percent of these jobs are reshorable at current levels of U.S. competitiveness. The survey will provide insight into the mix of policy changes needed to reshore the other 75 percent.


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Sunday, December 17, 2017