For decades, the story of American manufacturing has been all about offshoring or outsourcing. Lately though, some new terminology has come into vogue — “onshoring” and “insourcing.”
Insourcing refers to when companies move manufacturing production back from overseas. For the cover story of the latest issue of the Atlantic, journalist Charles Fishman set out to document the economics behind the trend. Fishman joins us to discuss why some companies are moving production back home.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.