The White House stated that U.S. manufacturing experienced a strong recovery during Donald Trump's tenure, expanding for 10 consecutive months, with Q3 business investment surging by 12.7% to reach a 15-year high.
The White House stated that U.S. manufacturing experienced a robust recovery during Donald Trump's tenure, expanding for 10 consecutive months. Q3 business investment surged 12.7%, hitting a 15-year high, while production growth reached its fastest pace in nearly five years. The report noted that the manufacturing sector has added 72,000 jobs this year, and factory construction jobs have increased by nearly 112,000 since Donald Trump took office. Weekly earnings for manufacturing workers grew 5% year-over-year, outpacing inflation. Additionally, companies such as Audi, Westinghouse Electric, and United States Steel have recently announced multi-billion-dollar investments to build new plants in the U.S.
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