Download PDFOpen PDF in browserThe Resurgence of Made in USA: Analyzing Factors Driving the Reshoring TrendEasyChair Preprint 12380, version 26 pages•Date: March 10, 2024AbstractThis paper investigates the multifaceted factors behind the resurgence of manufacturing operations returning to the United States. This paper examines the economic, geopolitical, and technological drivers fueling the reshoring movement, including rising labor costs overseas, supply chain vulnerabilities exposed by global crises, geopolitical tensions, advancements in automation and digital manufacturing technologies, and shifting consumer preferences towards locally-made products. Through a comprehensive analysis of these factors, this paper aims to provide insights into the reshoring phenomenon and its implications for the U.S. economy, employment landscape, and global trade dynamics. Keyphrases: Analyzing, driving, factors
|