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Reshoring by US Firms: What Do the Data Say?

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  • Lindsay Oldenski

    (Peterson Institute for International Economics)

Abstract

Reshoring—when firms shift manufacturing production back to the United States—has been getting a great deal of publicity lately. Oldenski examines the most recent data on the global operations of US firms and concludes that although some companies have reversed their previous offshoring decisions, there is no evidence of a widespread reshoring trend. But this should not be considered a defeat for US competitiveness. US multinationals continue to move operations offshore, but they also continue to grow stronger, producing more in their US operations and adding more to total US exports. The structure of US manufacturing has changed, but the ability to adapt to the changing nature of global business has been and will continue to be crucial to the continued growth of US manufacturing.

Suggested Citation

  • Lindsay Oldenski, 2015. "Reshoring by US Firms: What Do the Data Say?," Policy Briefs PB15-14, Peterson Institute for International Economics.
    • Handle: RePEc:iie:pbrief:pb15-14
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    References listed on IDEAS

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    1. Acemoglu, Daron & Autor, David, 2011. "Skills, Tasks and Technologies: Implications for Employment and Earnings," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 12, pages 1043-1171, Elsevier.
    2. Andrew B. Bernard & Teresa C. Fort, 2015. "Factoryless Goods Producing Firms," American Economic Review, American Economic Association, vol. 105(5), pages 518-523, May.
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    Cited by:

    1. Cali,Massimiliano & Presidente,Giorgio, 2021. "Automation and Manufacturing Performance in a Developing Country," Policy Research Working Paper Series 9653, The World Bank.
    2. Nuarpear Lekfuangfu & Voraprapa Nakavachara, 2020. "Reshaping Thailand's Labor Market Structure: The Unified Forces of Technology and Trade," PIER Discussion Papers 123, Puey Ungphakorn Institute for Economic Research.

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