Since the outbreak of COVID-19 Thomas has been monitoring the impact on the North American manufacturing sector. We surveyed over 3,400 manufacturing companies to understand COVID-19’s ongoing impact. Our expert report uncovers the following:
- Key Insights: Heightened interest in reshoring, 69% of manufacturers indicate they are ‘likely’ to ‘extremely likely’ to reshore (up from 54% in February).
- Strengthening the Industry Workforce: Industries engaged in apprenticeship programs were less impacted by the lack of skilled labor.
- North America Is Confident in Automation: Over half of the respondents feel that they meet or exceed industry standards on automation processes.
- Firmographics: Key surveying groups include Original Equipment Manufacturers, Custom Manufacturers, and Distributors with a mix of SMBs and global corporations.
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