The White House Council of Economic Advisers (CEA) assessed the impact of President Trump's second term on manufacturing to date, reporting that U.S. manufacturing is experiencing strong growth under the Trump administration's pro-growth policies. The report states that manufacturing jobs are returning to the U.S. after the Biden administration's policies led to 200,000 American jobs being lost overseas in the past two years. Factory construction is soaring, and Trump's tariff policies are incentivizing companies to produce goods domestically. The report emphasizes that the U.S. leads in critical national security industries such as aerospace, aircraft equipment, natural gas and oil production, and metals, and is spearheading technological advancements, ushering in a new "American Golden Age."