Made in the USA: Shoring Up Options for U.S. Manufacturing’s Resurgence
December 18, 2023
The U.S. manufacturing sector has been quietly undergoing a resurgence as the widespread disruptions caused by the pandemic brought into sharper focus the criticality of having secure, resilient, well-functioning supply chains. Accelerated by legislative incentives such as the Inflation Reduction Act and the CHIPS and Science Act, this paradigm shift is taking hold as onshoring, reshoring, and nearshoring considerations have significantly intensified among U.S. businesses and governments alike.
This raises the question, is the U.S. ready for a manufacturing renaissance?