Since his first day in office, President Biden relentlessly focused on an industrial strategy to revitalize our manufacturing base, strengthen critical supply chains, drive down prices, and position U.S. workers and businesses to compete and lead globally in the 21st century. This whole-of-government effort is leading to a historic recovery in domestic manufacturing. During President Biden’s first year in office, the economy added 367,000 manufacturing jobs – the most in nearly 30 years. The U.S. economy grew at the fastest pace in nearly 40 years in 2021, and manufacturing as a share of U.S. GDP has returned to pre-pandemic levels. Manufacturing activity has seen a significant expansion every month that President Biden has been in office, consistently above pre-pandemic levels.
The Build America, Buy America Act in the Bipartisan Infrastructure Law expands on the Biden-Harris Administration’s work to ensure that the future is made in America by American workers by strengthening and expanding Buy America rules to all taxpayer-funded infrastructure and public works projects.
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