Hand catching a painted, wooden boomerang midair with blue sky and cloud background.

Factors Contributing to the Comeback of U.S. Manufacturing

U.S. manufacturing production, which had been slowly declining for decades, saw its lowest point during the Great Recession of 2008-2009. Since then, however, the sector has seen a strong rebound.

Two reasons often cited for the decline are offshoring and the slow adoption of innovative technologies. Let’s take a look at these factors one at a time.