Since 2010, the U.S. manufacturing industry has experienced significant growth—often referred to as the manufacturing renaissance—due to a combination of organic growth, foreign direct investment and reshoring by companies like Apple, Caterpillar and Whirlpool returning their operations to the United States. According to a recent report from the Federal Reserve, the United States showed this type of manufacturing growth across the economy over the last few months. As manufacturers reshore, America is on its way to gaining back millions of jobs lost in the decade leading up to the global economic recession. However, to ensure continued growth, our government must address the concerns of U.S. manufacturers.
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