Don’t kid yourself—US manufacturing jobs are never really “coming back” from China

US president Barack Obama’s State of the Union speech made several mentions about boosting employment, and specifically about bringing jobs back from China. The “more than half” statistic appears to be a reference to an annual Boston Consulting Group study, most recently published in October, that found for two years running that 54% of the manufacturing executives surveyed were ” planning to ‘reshore’ or are considering it,” up from 37% of executives surveyed in 2012. The survey also found 16% of executives were actively shifting production back to the US in 2014, due to rising wages in China, up from 7% in 2012.

From Quartz.