Earlier this month we highlighted a BCG study ("The Shifting Economics of Global Manufacturing") showing the dramatic changes in manufacturing competitiveness in the leading 25 countries.

BCG has followed this study up with a survey eliciting responses from 252 senior level US based manufacturing executives. Results were compared to a similar survey one year ago in August 2013. The summary report ("Made in America, Again") consists of 13 slides which can be viewed at the BCG Website.

(Note: This study is of manufacturing capacity serving the US market)

Most noteworthy findings include:

• 54% of respondents are considering bringing production back to the US
• US based executives believe that a larger share of their manufacturing base will be US based five years from now.
• The US has surpassed both China and Mexico as the most likely destination for new capacity to serve the US market.
• Access to US skilled labor is a major factor in reshoring.
• Three times as many executives believe there will be net manufacturing job growth (vs. loss) over the next 5 years.

Read the Summary Report slide presentation here.

Editor's Note: CR4 would like to thank Larry Butz, President, GEA Consulting Associate, for contributing this blog entry.