Survey: 83% of North American Manufacturers Likely to Reshore Supply Chains in 2021

More than 80% of manufacturers are planning to add North American suppliers to their supply chains within a year, according to the latest Thomas State of North American Manufacturing Report. That’s a significant increase from 54% in March 2020. According to Thomas, $443 billion could be added to the nation’s economy if 83% of the manufacturers in the U.S. bring on just one new supplier at an average of $921,247 per contract. 6/3/2021