Reshoring

The lowering of US corporate tax rates may or may not help middle income workers. If companies use their new found funds to buy back stock or to buy existing companies then it will not help working people. If instead the money is used to expand with new facilities it will help. Reshoring (companies returning production to the US) is on the rise. Countries like China have seen their wages increase. The work force in the US is better trained and better educated. The cost of energy has come down dramatically mostly due to fracking. With the concept of just in time inventory controls having the production close to home brings big savings and the same holds for making quick changes in product leaders.