Manufacturing Reshoring: 6 Key Considerations For Your Reshoring Strategy

Kearney’s 7th Annual Reshoring Index revealed a dramatic reversal of a five year trend, as domestic US manufacturing in 2019 commanded a significantly greater share versus the 14 Asian low-cost countries (LCCs), with manufacturing imports from China registering a particularly sharp decline.

In 2019, imports of manufactured goods from 14 Asian LCC offshore trading partners shrunk to $757 billion from $816 billion in 2018. That is a 7.2% decrease while US domestic gross output of manufactured goods reached…