As job creation and investment expectations dropped, so did the state’s promised subsidies
The Alliance for American Manufacturing (AAM) was founded in 2007 by leading domestic manufacturers and the United Steelworkers, North America’s largest industrial union, with a clear mission: strengthen American manufacturing through smart public policies.
Factories gained 53,000 jobs in March. But the sector is still down 515,000 jobs since February 2020.
BUREAU OF LABOR STATISTICS
The U.S. goods deficit with China increased in February, reaching $30.3 billion.
U.S. CENSUS BUREAU
Capacity utilization for manufacturing hit 72.3% in February, which is a decrease from January and well below typical averages.
U.S. FEDERAL RESERVE
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