Reshoring
MacroDefinition
Bringing manufacturing or services back to the home country from abroad. Accelerated by COVID supply-chain disruptions, tariffs, geopolitical risk, and government incentives (CHIPS Act, IRA).
2024 saw record US factory construction spending — semiconductor and battery plant build-outs. Costs more than offshore production but reduces tail risk. Beneficiaries: industrial REITs, construction, automation companies, energy infrastructure.
2024 saw record US factory construction spending — semiconductor and battery plant build-outs. Costs more than offshore production but reduces tail risk. Beneficiaries: industrial REITs, construction, automation companies, energy infrastructure.