Survey: Manufacturing is Moving Back to the States

In the survey, the number of respondents who said their companies were currently reshoring to the U.S. from China increased 20 percent from a year ago.

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According to the Boston Consulting Group, large manufacturers are continuing to move production back to the U.S. from China.

“Given the fact that China's wage costs are expected to grow, do you expect your company will move manufacturing to the United States?" the August survey asked executives at an unspecified number of companies that currently manufacture in China, a Yahoo News article states.

In the survey, the number of respondents who said their companies were currently reshoring to the U.S. from China increased 20 percent from a year ago.

More than 70 percent cited better access to skilled labor as a reason to move production to the US, which is more than four times as many who cited it for moving production away from the U.S.

To read more about the survey findings, read “Manufacturing Moving from China to US: Survey.”