Following World War 2, the United States was a global industrial behemoth with more than 40% of all private sector jobs in manufacturing.
Today, that number is less than 10%.
However, the latest jobs report shows “made in America” is at least attempting to make a comeback. September’s report showed the U.S. now has the largest manufacturing workforce since the financial crisis of 2008, with almost 13 million workers employed in manufacturing.
With fragile supply chains and the skyrocketing cost of international shipping, domestic production is now becoming more and more attractive and even economical. (Chart from chartr.co)