Bank of America found in a recent survey that companies have experienced supply chain disruptions in over 80% of their global operational sectors during the pandemic, prompting 75% of these companies to place very high priority on their reshoring plans. Disruptions from the pandemic are a major driver that has accelerated reshoring, but stakeholder capitalism, where corporations focus on shareholders’ interests, as well as the broader community of consumers, employees and the state, is also driving the migration from distant locations to North America. The overwhelming conclusion is that the many benefits resulting from relocating manufacturing and related supply chains dramatically outweigh the costs and risks of staying put.
https://www.bofaml.com/en-us/content/tectonic-shifts-in-global-supply-chains.html