With Donald Trump about to take office for a second time, and about to set about implementing his Agenda 47, we should look critically at what the current data tells us about the state of the US manufacturing sector, and what challenges will lie ahead for President Trump as he takes office on January 20.
Let us see what the numbers have to tell us!
Links And Sources
Institute For Supply Management Manufacturing Purchaser’s Management Index: https://tradingeconomics.com/united-states/business-confidence
ISM Manufacturing Production PMI: https://tradingeconomics.com/united-states/ism-manufacturing-production
ISM Manufacturing Inventories PMI: https://tradingeconomics.com/united-states/ism-manufacturing-inventories
Donald Trump Agenda 47: https://www.donaldjtrump.com/platform
“How does Donald Trump plan to boost manufacturing in 2025?“: https://www.econotimes.com/How-does-Donald-Trump-plan-to-boost-manufacturing-in-2025-1695202
“Does Anyone Have The Truth About Trump's Tariffs?”: https://newsletter.allfactsmatter.us/p/does-anyone-have-the-about-trumps
ISM Manufacturing Prices Paid PMI: https://tradingeconomics.com/united-states/ism-manufacturing-prices
ISM Manufacturing New Orders PMI https://tradingeconomics.com/united-states/ism-manufacturing-new-orders
Capacity Utilization, 2021-2024: https://fred.stlouisfed.org/graph/?g=1CCJj
Capacity Utilization, 2017-2024: https://fred.stlouisfed.org/graph/?g=1CCfz
Industrial Production, 2017-2024: https://fred.stlouisfed.org/graph/?g=1CCJt
Industrial Production, 2022-2024: https://fred.stlouisfed.org/graph/?g=1CG8f
Industrial Production (NAICS), 2017-2024: https://fred.stlouisfed.org/graph/?g=1CCJJ
Manufacturing Payroll Employment, 2017-2024: https://fred.stlouisfed.org/graph/?g=1ufP2
Manufacturing Payroll Employment, 2021-2024: https://fred.stlouisfed.org/graph/?g=1CCJ0
Manufacturing Wages, 2017-2024: https://fred.stlouisfed.org/graph/?g=1CCiU
Average Manufacturing Hours Per Week, 2017-2024: https://fred.stlouisfed.org/graph/?g=1CCiQ
“The Jobs Recession: Manufacturing Is Suffering”: https://newsletter.allfactsmatter.us/p/the-jobs-recession-manufacturing
“Tesla More than Doubles H-1B Visa Workforce Imported to U.S.”: https://www.breitbart.com/politics/2025/01/02/tesla-more-than-doubles-h-1b-visa-workforce-imported-to-u-s/
“Tesla replaced laid off US workers with foreign workers using H-1B visas that Musk want to increase”: https://substack.com/@peternaylandkust/note/c-83843164
“The H1-B Visa Is Systemic Wage Theft”: https://newsletter.allfactsmatter.us/p/the-h1-b-visa-is-systemic-wage-theft
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