Reshoring Effort Hits Hurdles As Manufacturers Press Pause, Confidence Dips
Manufacturers in the U.S. responded to pandemic-era supply chain disruptions and an increased focus on sustainability by leaning into reshoring production. But a new report and three stalled megaprojects highlight the challenges in the effort to bring manufacturing stateside. Labor shortages are delaying the construction and opening of at least two U.S. manufacturing facilities. A survey released Sept. 13 by the National Association of Manufacturers found the lowest level of optimism among its members since the second quarter of 2020. Conversely, the survey found concerns about an unfavorable business climate were at their highest level since Q2 2017. Continue reading this story with a free account.
