Did you know that three decades ago, the U.S. and its allies performed nearly 75% of global manufacturing, but today that share has fallen to under 50%?
Harry Moser’s new article calls for more capital investment in automation and new technologies that increase output, speed, and efficiency while mitigating labor shortages, to increase global competitiveness and enable more reshoring.
As manufacturers navigate geopolitical risk and trade uncertainty, the national question should not be whether to reshore but rather how to reshore.