Multiple Supply Chain Risks Accelerate Reshoring

In 2021, the private and federal push for domestic supply of essential goods propelled reshoring and foreign direct investment (FDI) job announcements to a record high. Projections from Reshoring Initiative 1H 2022 data show reshoring and FDI continuing these gains.

The current 2022 projection of jobs announced is around 350,000 - another record and up from 260,000 in 2021. If the projection is achieved, 2022 will bring the total jobs announced since 2010 to over 1.6 million.