Latest Manufacturing Numbers Could Be Trend or Blip: AAM Statement
Washington, D.C.—The U.S. manufacturing sector experienced minimal gains in February, posting only 4,000 new jobs. Over the past year, the sector saw average increases of 22,000 new jobs per month.
Alliance for American Manufacturing President Scott Paul said:
“Manufacturing barely continued a positive run of job gains in February. While it’s too early to tell whether this is a trend or a blip, there are policies that can boost factory jobs. Infrastructure investment, which has broad, bipartisan appeal, would be a good start.
“The trade deficit with China may also be dampening the full potential of American manufacturing. This makes a tough, enforceable deal with China even more important. We urge the administration not to settle for the sake of expediency.”