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Tom Clark

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Reshoring: Reducing Costs and Returning Jobs to The United States

Posted by Tom Clark on Feb 9, 2021 2:59:10 PM

Reshoring is the act of bringing manufacturing jobs that had been previously exported to foreign countries back to the United States. On a national scale, returning jobs to the United States combats high unemployment, reduces trade and budget deficits, and bolsters the economy. Locally, manufacturing companies also benefit from reshoring by being an employment opportunity creator in their respective communities, but most notably benefits by reducing their products’ total cost and improving their balance sheets.

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