27/09/2022

Post-COVID-19 creates an “industrial revolution” in the US

Circling Overland by Mr Joakim Dahl. To present perspectives and gather information beforehand, I am circling overland in silence and complete invisibility, instantly scanning and checking the news feed to bring the insight you need.

In the article from the Pulitzer Prize winner The Boston Globe about factory jobs in the US, we can figure out the driving forces in this small “industrial revolution”.

The “industrial revolution” in the US is not an effect of bringing back overseas jobs. Instead, the crimped global supply chains after COVID-19 have made domestic manufacturing more attractive. Delayed deliveries and higher shipping prices – are in favour of moving production closer to home.

Businesses also see the geopolitical risk of operating in specific regions overseas amid rising tensions between Washington and some opponents.

The rise of domestic industrial production is driven by pharmaceutical plants, craft breweries, and food makers to be located outside the industrial strongholds, now in the Mountain West and the Southeast.

https://www.bostonglobe.com/2022/09/26/business/factory-jobs-are-booming-like-its-1970s/