Middle Market Digest-The Midwest

BY THE NUMBERS

KILDEER, IL—For the first time in decades, more manufacturing jobs are returning to the US than are going offshore, according to the Reshoring Initiative, an industry-led group in Kildeer, IL. The combined reshoring and foreign direct investment grew by more than 10% in 2016, according to a new report from the group, adding 77,000 jobs and exceeding the rate of offshoring by about 27,000 jobs. The 2016 results bring the total number of manufacturing jobs brought back from offshore to more than 338,000 since the manufacturing employment low of February 2010. The Reshoring Initiative’s 2016 Reshoring Report contains data on US reshoring and FDI by companies that have returned US production or sourcing from offshore. The report includes cumulative data from 2010 through 2016, as well as highlights from the first quarter of 2017.