11152018Thu
Last updateWed, 14 Nov 2018 4pm

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Manufacturing & The Economy

U.S. Manufacturers No Longer “Reshoring”

A.T. Kearney’s fourth annual Reshoring Index shows record imports from traditional offshoring countries in 2017—a sharp reversal of the glimmers of hope seen in 2016. Imports of manufactured goods into the U.S. from the 14 largest low-cost-country trading partners in Asia rose by a staggering $55 billion, or 8%—the largest one-year increase since the economic recovery of 2011.

Since 2013, imports of manufactured goods from the 14 largest low-cost countries have increased by $118 billion, or 19%, while U.S. manufacturing gross output has grown by only $81 billion, or 1%. 

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