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America's manufacturing boom could add 250,000 jobs in two years — report

Posted on AllSides August 21st, 2023
From The Left
Lazaro Gamio/Axios

Roughly 200,000 to 250,000 new manufacturing jobs could be added in the U.S. over the next two years, according to a new estimate from Goldman Sachs.

Why it matters: The increase, which amounts to about 2% of current manufacturing employment levels, is partly due to the incentives and investments for the semiconductor and green technology sectors included in the Biden administration's signature bills, the Inflation Reduction Act and the CHIPS and Science Act.

State of play: Construction of "manufacturing facilities," aka factories and other structures, has shot up over the past year, after the passage of...

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