https://www.bloomberg.com/news/articles/2022-07-05/us-factory-boom-heats-up-as-ceos-yank-production-out-of-china
Appears that China’s asinine “zero Covid” strategy comes at a cost
Rattled by the most recent wave of strict Covid lockdowns in China, the long-time manufacturing hub of choice for multinationals, CEOs have been highlighting plans to relocate production – using the buzzwords onshoring, reshoring or nearshoring – at a greater clip this year than they even did in the first six months of the pandemic, according to a review of earnings call and conference presentations transcribed by Bloomberg. (Compared to pre-pandemic periods, these references are up over 1,000%.)
The construction of new manufacturing facilities in the US has soared 116% over the past year, dwarfing the 10% gain on all building projects combined, according to Dodge Construction Network.
In the past, says Chris Snyder, an industrials analyst at UBS, it was as simple as “if we need a new facility, it’s going in China.” Now, he says, “this is being thought through in a way that has never been done before.”
In January, a UBS survey of C-suite executives revealed the magnitude of this shift. More than 90% of those surveyed said they either were in the process of moving production out of China or had plans to do so. And about 80% said they were considering bringing some of it back to the US.
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Finally, some actual good news for the economy.
Some of those factories being built in 'Murica are for semiconductors. Maybe we’ll end up just skipping DDR5 altogether and go straight into DDR6 (leave my daydreams alone!).
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US manufacturing boom… and I thought we were making bombs or something…
tnt
5
Very exciting!
High shipping costs helping push the trend.
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Amazing, President Trump brought manufacturing back to America from China and the Democrats tried to impeach him for it.
Now, suddenly, it’s a good thing.
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they would have impeached him for breathing
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The article mentions that while Trump’s tariffs helped, the latest spike is due to Covid lockdowns in China.
For perspective:
Ah, so they plagiarized Trump. How Biden of them. 
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As an aside, I miss the “high guy” avatar.
I am pretty committed to this pig thing, otherwise I would snatch it up for my own use.
Smyrna
11
This is called applying your diploma, after paying the high cost of your tuition…that was predictable.
We don’t look at trends on these here boards. Things start when we say they start!!!
Also my favorite part of the chart is around 13 and 14 and 15
What did trump need to bring back? 
.
Brought back. Even though factory construction was higher during Obama’s presidency. But yes the tarrifs helped.
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tnt
15
The pandemic brought manufacturing back Not Trump. And not Biden,
Market forces.
Also - let’s wait and see it actually happen before we get too excited.
The anniversary is coming up. July 14 - 18.
