Manufacturing is a central pillar of the President’s agenda to create middle class jobs and grow the economy given its importance for the durability of our industries and the strength of our innovation.
This past July, in a speech at the Brookings Institution, Director of the National Economic Council Gene Sperling outlined the case for a manufacturing renaissance in the United States – and the essential role of policy in ensuring that we take advantage of the wind at our back to drive a manufacturing renaissance.
Since early 2010, U.S. manufacturing has added over half a million manufacturing jobs and surveys show that more than half of all manufacturers are or are actively considering re-shoring production to the United States. Continued productivity gains, rising costs abroad, shortening supply chains, and the domestic advantages of low-cost and plentiful energy are making the U.S. increasingly competitive for production.
But there is no end to the global competition for these jobs. Maintaining our competitiveness in manufacturing will depend on partnerships across the private and public sectors and smart policies that build atop our strengths in manufacturing.
That is why this week the Administration announced two significant steps to move our manufacturing agenda forward. Yesterday, the Administration awarded grants to 44 manufacturing communities from across the nation, through the Investing in Manufacturing Communities Partnership, for them to craft economic development strategies to build atop their strengths for manufacturing. And today, the Administration announced the launch of the President’s Advanced Manufacturing Partnership Steering Committee ‘2.0’.
Fonte: White House