Reshoring on the Rise: Manufacturing Returns to the U.S.
For the past decade, global management consulting firm Kearney has produced an annual Reshoring Index report to uncover the mindset of top U.S. executives surrounding reshoring. This year—for the first time—the results prompted Kearney Partner and lead author of the report Patrick Van den Bossche to declare that the reshoring trend is real.
“When we started the Reshoring Index, the intent was to gather objective data about a trend that was being reported in the press and by politicians, but that our clients weren’t talking about at all,” he said. “My colleagues and I have been skeptical, but this year we’re convinced.”
Specifically, among the CEOs Kearney surveyed, a full 96% report they are evaluating their reshoring options, have decided to reshore, or have already done so. That represented an increase from 78% in 2022’s report…