From Offshoring to Reshoring – Trends in U.S. Manufacturing (Part I)
Brandy Swanson
Sr. Business Advisor @ Smith + Howard | Registered Neutral, Business Development
The upcoming presidential election has put some economic issues front and center, and one of them is the reshoring of jobs that were sent to other countries years ago to save companies manufacturing costs and – in some cases – taxes. In fact, over the past 30 years, the U.S. manufacturing industry has experienced the loss of three to four million jobs. While reshoring is gaining in momentum, it’s useful to look at the trends so see how many jobs are coming back to the U.S. and, in particular, to Georgia.
In our two-part series, “From Offshoring to Reshoring – Trends in U.S. Manufacturing,” Smith & Howard reviews the reasons for sending jobs offshore and what the future of manufacturing holds for Georgia and the nation. In Part I, we examine the highs and lows of manufacturing from 1979 through 2012. In Part II, we will look at the reshoring trend. Part 1 - The Terms & the Trends
Retired
8 年An excellent article. Working in a manufacturing environment and seeing first hand the difficulties in switching manufacturing gears in offshoring operations when consumer trends change, this article really hits home.