Depends on the industry and the relative content of labor in the product, to name a couple of variables. US furniture making for example has been decimated by m

Depends on the industry and the relative content of labor in the product, to name a couple of variables. US furniture making for example has been decimated by moving manufacturing to low-wage nations. It has not had a lot of success (as far as I can tell) with reshoring as off-shore labor and transport costs go up.