Columns: Reshoring update

Metalcasting consolidation has reduced the number of metal casting facilities in the U.S. from 6,150 in 1955, to 3,200 plants in 1991, to today’s count of just 1,750. Now, the U.S.

The perception that investing in and sourcing from China is risky business has suppressed capital flows into China’s already struggling economy.

Manufacturing output per hour in the U.S. has grown at an average of just 0.2% a year since 2009, according to the U.S. Labor Department—below the non-manufacturing U.S.

Reshoring and foreign direct investment (FDI) manufacturing job announcements are continuing to outpace recent record highs, reaching 101,500 jobs in the first quarter of 2023.