Is manufacturing making a comeback in the US?

Core Insights - The trend of outsourcing manufacturing to China was prevalent in the 1990s and early 2000s, driven by cost considerations and competitive pressures [1] - The 2012 election highlighted concerns over China's trade practices, prompting discussions among CEOs about the feasibility of reshoring manufacturing back to the U.S. [1] - The Reshoring Institute was established in 2014 to assist companies in evaluating and implementing strategies to bring manufacturing back to the U.S. [1] Manufacturing Comeback Potential - Manufacturing can potentially make a comeback, but companies need to be flexible and forward-looking in their strategies [2] - Executives from various industries indicated a preference for U.S. manufacturing if economic conditions allow, acknowledging that they would need to raise prices to offset tariff costs [4] - Most surveyed executives are currently not making capital investments or hiring until the global trade environment stabilizes [3]