The initiative that has attracted the most interest from Wall Street is the Reshoring Initiative.

FORBES: Pumping Muscle into U.S. Manufacturing

If you combine this with news from a Boston Consulting Group (BCG) study, U.S. manufacturing and reshoring, the sluggish economy might finally get moving.

FORBES: Increase Spending, Avoid Cuts in 2013, Economists Advise Ben Bernanke

For now, the cost burden of reshoring falls upon the private sector, with executives needing to compare upfront costs with operational efficiency, profitability and customer service yield.

FORBES: Why Outsourced Jobs Are Returning Stateside

Debbie Stabenow introduced the Bring Jobs Home Act, which would provide tax incentives to assist with the cost of reshoring overseas operations back to the United States.

FORBES: Why Outsourced Jobs Are Returning Stateside

U.S. Exports are rising and are set to surge, according to this BCG report, and that fact shows that reshoring could help create up to 5 million jobs by 2020.

FORBES: Increase Spending, Avoid Cuts in 2013, Economists Advise Ben Bernanke

According to the Reshoring Initiative, a group of companies and trade associations trying to bring factory jobs back to the US, about 10% of those job gains - 50, 000 jobs - were created by companies bringing back manufacturing from overseas.

BBC: American manufacturers come back home