Re-shoring may send a strong signal, but it hasn't yet had a major economic impact
Alliance for American Manufacturing (AAM) President Scott Paul recently spoke to Voice of America radio (VOA) about the potential return of manufacturing to the U.S.
Re-shoring has become quite a hot topic in the news, especially following announcements by a number of companies that they plan to return highly-skilled manufacturing jobs to the United States.
Paul told VOA:
That certainly sends signals to companies that it’s going to be a favorable climate for producing in the United States
He also acknowledged that despite the good news of some jobs returning, the impact of these jobs on the U.S. economy will likely be nominal.
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