Reshoring

Because of globalization the United States lost 3.2 million manufacturing jobs between 2001 and 2013. Companies that made computer and electronic parts, textiles and apparel, and furniture were hit the hardest. This is now changing and jobs are coming back to the US in what is called reshoring. It was started by Trump with make America great again and continued under Biden's America First. This will be an opportunity for unions to make a come back. The middle income workers benefit most from bringing the jobs home. The new factories will use the latest technology and be bolstered by AI. It has already started. In 2023, US construction spending on new manufacturing facilities more than doubled compared with 2022. Companies spent, on average, $16.2 billion dollars a month building new production facilities. The increase in productivity though automation will offset the adverse effects of inflation. These factory jobs will require workers with technical skills to run automated production lines and the US has the workers. The migrants will take over the less skilled jobs. One of the biggest savings will be transportation cost and this also will help fight inflation.