Reshoring Investments in the U.S. Has Surged to $1.7T

What We're Showing

Reshoring began with supply chain disruptions and sluggish job growth—now it’s gaining momentum with the White House. 

This graphic, created in partnership with Tema ETFs, provides visual context to the surge in U.S. reshoring projects over the last two years, using data from Eaton. 

Key Takeaways

• For decades, “Made in America” seemed like a fading trend—until the COVID-19 pandemic put U.S. manufacturing back in the spotlight.
• In 2023, U.S. reshoring announcements totaled $933 billion. By the end of 2024, that figure had surged to $1.7 trillion.
• There’s been no shortage of major companies making reshoring announcements: Apple ($500 billion), X’s Stargate program ($500 billion), TSMC ($100 billion), Johnson & Johnson ($55 billion), Eli Lilly ($27 billion), and Hyundai ($6 billion)