Large American companies are talking about reshoring again – Kommersant

According to Bank of America, cited by the TV channel CNBC, in the first quarter, large American companies were actively talking about reshoring – the withdrawal of production from developing countries with cheap labor (China, Vietnam, etc.) back to the United States or to countries that account for most of this or that product. The bank’s experts analyzed the financial statements of US companies included in the S&P 500 index and found that reshoring was mentioned 128% more often in the reports for the first quarter than in the same period last year. Among the reasons for such plans, companies mention the desire to simplify supply chains against the backdrop of logistics problems observed last year; hard lockdowns that China introduced until the middle of last year; rising tensions between the US and China.

A similar trend was noted in March by the Swiss bank UBS, which polled 1.6 thousand top managers of international companies in various sectors – 78% of those surveyed announced plans to move production closer to Europe, 70% to the United States.

This is not the first time that the tendency to withdraw production from developing countries closer to the main sales markets has been manifested. Also in early In the 2010s, after the global financial crisis, which led to an increase in unemployment in the developed countries of the West, some companies began to transfer part of their production to their countries. TO middle Since the 2010s, the trend of shifting jobs from China has become one of the main strategies for the development of manufacturing in American companies. As robotization and automation have grown, this trend has resurfaced. at the end 2010s.

Evgeniy Khvostik