#wtinet #worldtradeinv
#robotics
#ai
#manufacturing
Economic pressure is certainly driving that change: in the U.S., the workforce still has 1.7 million fewer people than it did in February 2020, according to the U.S. Chamber of Commerce, even as manufacturers continue to report hiring strain. In the U.K., the case for reindustrialization has sharpened too, with Capgemini estimating that British firms are set to invest $650 billion in it by 2028, while supply chains remain fragile and vulnerable to shocks. In Lloyds Bank’s Business Barometer survey, 37 percent of U.K. firms had experienced supply chain disruption due to a more volatile trading environment.
For governments in the U.S. and Europe, the issue is no longer just productivity. Manufacturing capacity is increasingly tied to resilience, industrial sovereignty and national security, especially as competition over chips and critical infrastructure intensifies.