Here's real manufacturing output: https://fred.stlouisfed.org/series/OUTMS
Here's durable and non-durable goods manufacturing employment: https://fred.stlouisfed.org/series/PRS31006013 https://fred.stlouisfed.org/series/PRS32006013
Notice they are lower than before the 2008 recession. The recession that is now a decade old.
In comparison, here's imports of goods and services: https://fred.stlouisfed.org/series/IEAMGSN And here's imports of goods from China: https://fred.stlouisfed.org/series/IMPCH
Reshoring? I'm not so sure about that overall. It's great that US manufacturing is recovering though.
Here's real manufacturing output: https://fred.stlouisfed.org/series/OUTMS
Here's durable and non-durable goods manufacturing employment: https://fred.stlouisfed.org/series/PRS31006013 https://fred.stlouisfed.org/series/PRS32006013
Notice they are lower than before the 2008 recession. The recession that is now a decade old.
In comparison, here's imports of goods and services: https://fred.stlouisfed.org/series/IEAMGSN And here's imports of goods from China: https://fred.stlouisfed.org/series/IMPCH
Reshoring? I'm not so sure about that overall. It's great that US manufacturing is recovering though.