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Report: Reshoring of American Manufacturing Jobs at Record High

The number of manufacturing jobs that have been reshored to the United States is at a "record high," a new research report details. 

Reshoring Jobs Hit Record High in US, Companies Beginning to Prefer Localized Production

The number of jobs from reshoring moving back manufacturing and production of goods from overseas to where a firm was originally located has hit a new high in the United States according to a recent report published by the Reshoring Initiative.

Transcripts for CNN State of the Union With Jake Tapper and Dana Bash 20240604 13:23:00

there s no exception at all. we see people underage who have to go to other states. that s the insanity. that s the extremism we re talking about now. we re talking about 50 years of established law, the status quo. that s what i m for. it seemed to work pretty well for the last 50 years. and the extremists, again, are trying to overturn that. before i let you go. president biden is going to be in ohio next friday to participate in the groundbreaking at a new intel semiconductor manufacturing facility. will you be there with him? yes, i will. this is a huge opportunity. the c.h.i.p.s. act we passed is all about reshoring high-end manufacturing jobs. intel is going to invest, what they re saying, up to $100 billion into ohio to manufacture these chips that have helped driven up inflation, that we need for our cars and all the technology. this is the biggest, most transformational economic development project in ohio s history. i ll be there.

Transcripts for CNN State of the Union With Jake Tapper and Dana Bash 20240604 16:23:00

we re talking about 50 years of established law, the status quo. that s what i m for. it seemed to work pretty well for the last 50 years. and the extremists, again, are trying to overturn that. before i let you go. president biden is going to be in ohio next friday to participate in the groundbreaking at a new intel semiconductor manufacturing facility. will you be there with him? yes, i will. this is a huge opportunity. the c.h.i.p.s. act that we passed is all about reshoring high-end manufacturing jobs. intel is going to invest, what they re saying, up to $100 billion into ohio to manufacture these chips that have helped driven up inflation, that we need for our cars and all the technology. this is the biggest, most transformational economic development project in ohio s history. i will be there. i m proud to have supported this and help bring this investment to ohio. and i will be there.

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