U.S. manufacturing jobs are back in a big way

U.S. manufacturing facilities lost 1.36 million jobs from February to April 2020. As of August 2022, a total of 1.43 million jobs, a gain of 67,000, have been added. “One of the most striking things that we are seeing now,” said Brian Deese, the director of the National Economic Council, “is the number of companies — U.S. companies and global companies — that are committing to build and expand their manufacturing footprint in the United States, and doing so based on their view that not only did the pandemic highlight the need for more resilience in their supply chains, but that the United States is creating a policy environment that makes long term investment here in the United States more attractive.”