Reshoring is hype
This chart has been doing the rounds on Twitter (h/t @dbcurren). It shows manufacturing employment in the USA.
See that huge drop? That's the drain of manufacturing jobs to South East Asia.
And see that uptick since 2010, that appears to be tailing off? That's the return of manufacturing jobs to the USA. What they call "reshoring".
Reshoring is hype, isn't it?
U.S. reshoring: over before it began? - ATKearney (pdf)