National Policy Changes Hinge on Business Response
Plante Moran, PLLC (Southfield, MI) and the Reshoring Initiative (Kildeer, IL) are soliciting the participation of businesses in their U.S. Manufacturing Reshoring Study. Survey responses will provide valuable insights into how much manufacturers offshore, what drives them to offshore and what U.S. policy changes would motivate them to reshore. Manufacturers and distributors can complete the survey online by clicking here. Survey findings will be shared with the Trump Administration, Congress and survey respondents. The survey takes approximately fifteen minutes to complete and will close on February 20, 2018.
For the first time in decades, more manufacturing jobs are returning to the United States than are going offshore. However, about 4 million manufacturing jobs have still been lost to offshoring over the last decades, based on the $500 billion U.S. trade deficit. The Reshoring Initiative concludes that about 25 percent of these jobs are reshorable at current levels of U.S. competitiveness. The survey will provide insight into the mix of policy changes needed to reshore the other 75 percent.
