[ahartmetz]

I think the "still" implies that it's at least not increasing and probably slowly decreasing. And except in some of the largest companies like Siemens (where it doesn't seem to be a big deal anymore neither), the idea that manufacturing (or anything) may be profitable but not profitable enough has not taken hold as much as in the US.

[joe_mamba]

You're wrong if you're trying to use the US as a negative example and think the EU is better. Yes, the US offshored more than the EU in relative terms, but it has more domestic manufacturing left more than the EU in absolute terms, making the US is the second manufacturer in the world right now, by quite a margin.

Meanwhile Germany's and the EU's short sighted energy policies have caused a lot of manufacturing to move outside the EU to places like the US or China.

The EU is in a very bad position right now manufacturing wise compared to how it was and how it could be. It basically never failed to snatch defeat from the jaws of victory for the last ~20 years.