RESHORING MANUFACTURING JOBS

About This Trend
The U.S. is experiencing aboom in manufacturingfueled by a strong dollar, a desire by many companies to simplify logistics and on-shore their production, the availability of skilled workers and raw materials, and crucially, a series of enticing legislative actions from the federal government. This is especially notable in high-growth fields such as electric vehicle production, wind and solar, and semiconductor production. For planners, the manufacturing resurgence could be especially impactful in places experiencing high rates of growth and economic development (for example,Georgia), as well as regions such as theRust Belt, which retains a historic manufacturing base and has had some recent success in attracting new investment.
Trend Updates
Feb. 26, 2024 — Seismic shift in everyday usage
- More people than ever are using this technology and it is now more evident that it will be part of the ongoing landscape...
Feb. 26, 2023 — Federal Regulations spike Demand
- Because of continued interest in this technology and a favorable environment for growth...
Feb. 26, 2021 — Pandemic recalibrates supply
- People are unable to create and devote time to innovating this critical technology now
Trend Category:
Economic Development
Timeframe: Prepare
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