Julia Wendling
2025-06-13 11:44:00
www.visualcapitalist.com
Visualized: Reshoring Investments in the U.S. Have Surged to $1.7T
Reshoring began with supply chain disruptions and sluggish job growth—now it’s gaining momentum with the White House.
This graphic, created in partnership with Tema ETFs, provides visual context to the surge in U.S. reshoring projects over the last two years, using data from Eaton.
Bringing Back “Made in America”
For decades, “Made in America” seemed like a fading trend—until the COVID-19 pandemic put U.S. manufacturing back in the spotlight.
As global supply chains buckled and countries adopted more protectionist policies, a powerful new catalyst for U.S. manufacturing emerged. Suddenly, companies began bringing production back home in a bid for greater resilience and control.
Year | Reshoring megaprojects, cumulative ($ billions) | |
---|---|---|
Q1 2023 | 600 | |
Q2 2023 | 686 | |
Q3 2023 | 859 | |
Q4 2023 | 933 | |
Q1 2024 | 1,200 | |
Q2 2024 | 1,400 | |
Q3 2024 | 1,600 | |
Q4 2024 | 1,700 |
The shift has been striking. In 2023, U.S. reshoring announcements totaled $933 billion. By the end of 2024, that figure had surged to $1.7 trillion.
The Companies Leading the Movement
There’s been no shortage of major companies making reshoring announcements, pledging to bring more jobs and investment with them in the process. Some notable ones include:
- Apple ($500 billion)
- X’s Stargate program ($500 billion)
- TSMC ($100 billion)
- Johnson & Johnson ($55 billion)
- Eli Lilly ($27 billion)
- Hyundai ($6 billion)
A New Era
Investing in reshoring companies presents a timely and strategic opportunity. While the pandemic and a resurgence of protectionist policies—especially during the Trump era—have accelerated the trend, reshoring is shaping up to be a long-term solution to America’s sluggish economic and job growth.
Disclosure
Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s prospectus or summary prospectus, which may be obtained by visiting temaetfs.com. Read the prospectus carefully before investing.
Risk Information
Investing involves risk including possible loss of principal. There is no guarantee the adviser’s investment strategy will be successful.
Sector Focus Risk: The Fund may invest a significant portion of its assets in one or more sectors, including Industrials, Materials and Utilities, and thus will be more susceptible to the risks affecting those sectors than funds that have more diversified holdings across several sectors. The success of the Fund’s investment strategy depends in part on the ability of the companies in which it invests to reshore or onshore services to the United States.
Companies may face significant legal, financial and political headwinds in the reshoring or onshoring of jobs into the United States, and these factors may be detrimental to performance. Industrial and Utilities sector companies will likewise be subject to the risks of Government regulation, world events, exchange rates and economic conditions, technological developments and liabilities for environmental damage and general civil liabilities. In addition, many materials companies are significantly affected by the level and volatility of commodity prices, exchange rates, import controls, worldwide competition, environmental policies and consumer demand. Investing in foreign and emerging markets involves risks relating to political, economic, or regulatory conditions not associated with investments in U.S. securities and instruments in addition the fund Is exposed to currency risk.
Tema ETFs LLC serves as the investment adviser to Tema American Reshoring ETF (the “Fund”), and NEOS Investments, LLC serves as a sub adviser to the Fund. The Fund is distributed by Foreside Services LLC, which is not affiliated with Tema ETFs LLC nor NEOS Investments, LLC. Check the background of Foreside on FINRA’s BrokerCheck. Distributor: Foreside Fund Service LLC For inquiries: info@temaetfs.com
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