onshoring

Mentions of “re-shoring,” “near-shoring,” and “on-shoring,” referring to relocating manufacturing back to the home countries, have seen an impressive 216% increase year-over-year since the start of 2022, as per data from Bloomberg. This trend has triggered an...

Giving credit for a positive economic development is sometimes just as tricky as placing blame for something negative.  That's the case regarding an uptick in onshoring, which can be attributed to an unclogging of the supply chain mess that began during the pandemic, a resignation of trusting...