A homecoming for US manufacturing? Why a resurgence in US manufacturing may be the next big bet
The manufacturing sector in the US is rebounding. Is this a cyclical recovery or could it be an indication of a more sustained one? PwC looks at possible structural changes in seven key areas that could lead to a sustained recovery and help reverse the offshoring of R&D and production in the manufacturing sector.
The key factors that could impact reshoring decisions include labor, materials, transportation/energy costs, market demand, the availability of talent and capital, tax rates, and currency fluctuations.