Reshoring is the latest term for manufacturing returning to the U.S. from overseas. "Insourcing", "boomeranging" and "inshoring" are also used to describe this shift.
The Boston Consulting Group (BCG) gave reshoring a major PR boost last year with a report on this topic. Key quote from their report:
"Over the next five years, a U.S. manufacturing renaissance in home appliances, car parts, and other sectors could accelerate—boosting output by $100 billion and adding 2 million to 3 million jobs."
BCG has followed up their report with a survey of U.S. manufacturers and found the reshoring movement continues to gain steam - 37% of the respondents say they are planning to reshore some of their manufacturing to the U.S..
The chart below is shows the results by industry.
I'm going to digress a bit here just to say the survey question is very leading and likely resulted in false positives. Because of this, I discount the results a bit. But having said that, even lowering the results the news for U.S. manufacturing is still good.
For more on reshoring visit the Reshoring Initiative, a non-profit group focused on bringing manufacturing back to the U.S. They have a good set of resources on this topic.
They also have a very cool Total Cost of Ownership calculator that can be used to evaluate the total costs of manufacturing in the U.S. versus offshore.