Geopolitical fragmentation, the rise of AI, and growing concern about supply chain resilience are putting US manufacturing back in the spotlight. But strengthening America’s industrial base isn’t simply a matter of bringing factories home. The US imports roughly $3 trillion in manufactured goods each year, and some of its most critical supply chains would require a dramatic expansion of domestic capacity. 

On this episode of The McKinsey Podcast, McKinsey Global Institute (MGI) Chair and Senior Partner Shubham Singhal and Senior Fellow Rebecca J. Anderson join Editorial Director Roberta Fusaro to explore where the United States is most vulnerable, what it could cost to rebuild critical manufacturing capacity, and how AI, investment, and American innovation could change the equation.

Any unanswered questions about this episode? Send them our way at: TheMcKinseyPodcast@mckinsey.com

Theme music composed, performed, and produced by Joy Ngiaw.