U.S. manufacturers and foreign investors announced approximately 247,000 manufacturing jobs tied to reshoring and foreign direct investment (FDI) in 2025, down about 5% from 2024 but marking a fifth consecutive year above 240,000 jobs, according to the Reshoring Initiative’s 2025 Annual Report released Oct. 23.

The report combines 2025 investment data, first-half 2026 activity and findings from the organization’s 2026 USA Reshoring Survey to examine evolving manufacturing investment priorities and challenges.

Domestic reshoring accounted for approximately 153,000 announced jobs, or 62% of the 2025 total, while FDI represented roughly 94,000 jobs, or 38%. Since 2010, more than 2.3 million manufacturing jobs have been announced through the two channels.

Among the report’s other notable findings:

• Leading industries: Transportation equipment ranked first with nearly 48,800 announced jobs, followed by computer and electronic products (44,900), chemicals including pharmaceuticals (37,300) and electrical equipment (36,200). Pharmaceutical investment accelerated, while EV battery-related investment moderated as activity shifted toward vehicle assembly and other manufacturing.
• Geographic concentration: The South accounted for 61% of announced reshoring and FDI jobs, led by Texas (31,910), North Carolina (21,387) and Georgia (20,677). The Midwest followed with 19%.
• Investment drivers: Healthy domestic supply chains, proximity to customers and skilled workforce availability were the most frequently cited factors behind reshoring decisions. Tariff-related citations surged from 11 in 2024 to 146 in 2025, although uncertainty over trade policy also delayed some investment commitments.
• Advanced manufacturing: High- and medium-high-technology products accounted for 81% of announced manufacturing jobs in 2025, reflecting continued investment in technologically sophisticated industries.

The report‘s 2026 National Reshoring Survey, which included 249 original equipment manufacturer (OEM) and contract manufacturer respondents, provided further indications of reshoring momentum.

Among OEMs, 63% planned U.S. capital investment, while the share of contract manufacturers quoting reshoring projects doubled to 32%. OEM use of total cost of ownership analysis increased from 30% in 2025 to 40% in 2026.

However, 57% of survey respondents identified policy uncertainty as their leading challenge, while skilled labor shortages and domestic manufacturing costs remained significant obstacles.

Based on announcements through the first half of 2026, the Reshoring Initiative projects approximately 309,000 manufacturing jobs will be announced for the full year — a 25% increase from 2025.

The organization said sustaining that momentum will depend on greater industrial policy stability, workforce development, productivity improvements and stronger U.S. manufacturing cost competitiveness.