The reshoring trend – or companies shifting parts of their manufacturing and supply chains to different countries – has boomed over the last decade.
In 2022, reshoring and foreign direct investment jobs announced coming back to the U.S. is on pace hit a record high of 348,493, according to data from the Reshoring Initiative.
The trend also includes companies moving parts of their supply chains or manufacturing to different countries abroad.
Investing the trend There are a few ways to play the reshoring trend as it continues to unfold.
Analysts covering the space generally recommend picking up stocks in companies that stand to benefit from the trend, as opposed to companies in the reshoring process.