| 2015 Reshoring Data in Time for Primaries Debate on Trade |
| In the News |
| Trade Sanctions vs. Innovation and Skilled Workforce |
| The primaries are boiling up a national debate on key issues that affect reshoring. Articles in The New Yorker, Forbes and other notable publications are reconsidering the causes and effects of offshoring on the U.S. economy, through the lenses of the Trans-Pacific Partnership (TPP) and the primaries. In Forbes, Steve Denning suggests that the loss of innovation from offshoring is our biggest problem, and proposes the adoption of a new, agile business model that addresses the need to restore corporate and U.S. competitiveness by making things on U.S. soil. |
In “Why Donald Trump Is Wrong About Manufacturing Jobs and China,” Jeffrey Rothfeder emphasizes the fact that U.S. manufacturing has already reversed its decline, but he steers away from aggressive actions to change the terms of trade — a process the Reshoring Initiative believes is necessary to balance the trade deficit and further increase reshoring. However, he does highlight the need to invest in an appropriately skilled workforce as a highly effective means to support a necessary U.S. manufacturing base. On this topic, the Reshoring Initiative also emphasizes the need to encourage university-bound students to explore the option of pursuing a technical community college degree or apprenticeship. This career path often leads to better incomes, lower cost and higher job satisfaction — a concept clearly explained in the must-see video: Success in the New Economy.
| Is Donald Trump Wrong About Manufacturing Jobs and China? |
As with all analysis, the devil is in the details. Further discussion on offshoring vs. U.S. manufacturing, including the need for MBA re-education, can be found on our blog.
The report shows continued strong reshoring and foreign direct investment (FDI) and overall trends and breakdowns by industry, region and reasons. The National Center for Business Journalism has listed the Reshoring Initiative as one of the “Five Solid Places to Find Data for your Business Features.”
| The 2015 Reshoring Data Report Is Now Available |
Americans want more U.S. made products and Walmart wants to help your company supply them. Find out more here, and register at www.walmart-jump.com.
| Walmart Announces the 2015 Open Call for Products That Support American Jobs |
In “It is primary season! Who is going to support Reshoring?”
| As the Primaries Continue, Follow Reshoring-Related Issues on Our Blog |