Moser uses somewhat of a “cheat code” to measure onshoring. He measures reshoring by U.S. headquartered companies sourcing from the world, along with foreign direct investment (FDI) by foreign headquartered companies into the U.S. Combined, these efforts have led to about 6,000 manufacturing jobs per year in 2010 to about 260,000 per year in 2021, based on Reshoring Initiative’s numbers.
Read the article.