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Following COVID Chaos, Kearney Reshoring Index Turns Negative for 2020, Following Record High in 2019


Following COVID Chaos, Kearney Reshoring Index Turns Negative for 2020, Following Record High in 2019
Annual benchmark of US manufacturing competitiveness shows America gave ground to Asian low-cost countries in 2020, in an unusually uneven year. A sister study finds global shocks are prompting many US companies to actively consider reshoring to America but challenges still abound
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CHICAGO, April 27, 2021 /PRNewswire/  The disruptions wrought by COVID-19 made the eighth annual Kearney Reshoring Index a unique barometer for tracking US manufacturing competitiveness, according to an analysis released today by Kearney, the global management consulting firm that conducts the annual study. The index tracks whether America is reshoring manufacturing back from Asia, where so many US factory jobs have been offshored over the past several decades. ....

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