Euler Hermes: The Reindustrialization of the U.S.; an Update

​In December of 2012, Euler Hermes Economic Research published an analysis entitled “The Reindustrialization of the United States” which predicted a resurgence in U.S. manufacturing. In this update, we go back to find that the fundamentals underlying the analysis to be not only intact but in some cases even stronger. The central theme of reindustrialization is that the U.S. now has among the lowest labor costs in the industrialized world, and is awash in cheap energy, making it attractive for businesses to bring manufacturing back “onshore” to the U.S.

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