A study by the Reshoring Initiative shows that 60,000 manufacturing jobs were brought into the U.S. by a combination of reshoring and foreign direct investment in 2014, a record level and 400 percent increase since 2003.
In the past year, there have been numerous articles debating whether "reshoring" is a myth or really happening. For example, the cover article of the April 22, 2013 issue of Time magazine was "Made in USA - Manufacturing is Back - But Where are the Jobs?"
Once one accepts the importance of manufacturing, the next question is how is it doing? Is U.S. manufacturing healthy and not in need of a national manufacturing policy or is it in trouble and in need of smarter policies?