Maybe it's a bit early to call it a "boom". But with Apple's announcement of bringing manufacturing back to the US, who knows.
I had a professor who did some work on outsourcing/insourcing. She said that this was starting to show up in the data many years ago (companies moving part of the production they outsourced back home). It was mostly about worker productivity, the hoped for savings from lower wages was getting eaten up by low foreign worker productivity, even in places like Korea and China that supposedly have eat our dinner workers. The more human capital a job took the more likely that it should stay in the states was what a lot of her data seemed to indicate.
Not my experience of the workplace in China. I think remnants of Communism remain in workplace culture there.It was mostly about worker productivity, the hoped for savings from lower wages was getting eaten up by low foreign worker productivity, even in places like Korea and China that supposedly have eat our dinner workers.
It is so rare to see a title like this or any positive news these days that I found myself pretty happy just now. I hope it is a "boom", but regardless I celebrate the return.