Summary
- The pandemic has provided many lessons for businesses and individuals alike, highlighting many key vulnerabilities.
- The multi-decade trend of globalization may slow or reverse as U.S.-based businesses bring back certain operations and manufacturing capacity to secure supply lines.
- Recent legislation in the U.S. provides an initial catalyst and financial incentives for many companies to bring more manufacturing back to this country.
- Beneficiaries will include those companies directly impacted by this effort, legislation, and investment, as well as indirect beneficiaries that support the needs of the businesses making this transition.
For further details see:
Investing In Secular Trends: Reshoring And The Reversal Of Globalization