NEWYou can now listen to Fox News articles! FIRST ON FOX: Critical manufacturing jobs in the U.S. are making gains after years of Biden-era offshoring hollowed out the workforce, according to a new economic report. A report from the Council of Economic Advisers (CEA) says 72,000 jobs have been added in the manufacturing sector in 2026 alone, many of them due to an increase in the manufacturing of durable goods such as metals and transportation equipment. Advisers say this is a reversal of a Biden-era trend that saw 200,000 manufacturing jobs disappear in the final two years of the former president’s administration. Not only is the current administration’s focus on reshoring jobs contributing to the rebound, but so is its tariff policies, according to the CEA, a White House agency responsible for providing economic analysis to President Donald Trump. THIS IS JUST GETTING STARTED A Corning employee handles fiber optics as part of the manufacturing process that supports broadband and telecommunications infrastructure. (Courtesy of Corning) In particular, Trump’s landmark One Big Beautiful Bill (OBBB) Act has laid the groundwork for American companies to expand in the United States, rather than sending jobs overseas, according to the report. The provisions of the bill include allowing manufacturers an immediate 100% tax deduction on expenses related to the construction of new factories and the purchase of machinery and equipment. The report highlights success stories of corporations that are reinvesting in Americans and expanding their businesses. THE LARGEST STEEL PLANT IN THE U.S. IS COMING TO A KEY RED STATE AS TRUMP UNVEILS $15 BILLION INVESTMENT For example, the 100% spending provision in the OBBB has helped Jergens, an Ohio-based manufacturing company, expand into Illinois.” Since the bill’s passage [OBBB]”Our employees are working additional hours voluntarily,” said company CEO Jack Schron. “They keep more of what they earn, they put more money back into the American economy, and Jergens has a ready workforce.” It’s a win-win situation: a win for the employee, for Jergens, and for the U.S. economy.” A plant employee works on the top-loading laundry production line at GE Appliances on August 8, 2025 in Louisville, Kentucky. (Michael Hickey/Getty Images for GE Appliances) BESSENT CREDITS TRIUMPH IMMIGRATION POLICIES BY HELPING RETURN JOBS TO AMERICANS AS WAGE INCREASES RESUME Chron added that 83% of its workers are collecting overtime after the OBBB provision did not establish overtime taxes. In another example touted in the CEA report, a North Carolina company, Ketchie Inc., has expanded its workforce by 25% after taking advantage of the 100% spending provision to purchase machinery. new. The report says the company waited to purchase the equipment until the OBBB was approved. Republicans seek to hold Congress in November elections (Mike Kropf/Getty Images) Semiconductor chip manufacturing, an industry in which the United States typically competes with China, is also increasing in the United States. Micron is building memory chip plants in Idaho, Virginia and New York, which the report says represents a $250 billion investment. In the United States, Apple is also investing $600 billion in U.S. semiconductor production. GSK and Gilead are investing billions of dollars in the United States, along with automakers such as Stellantis. PESIMISTS SAY THE ECONOMY IS WEAK investments in the United States during Trump’s second term, according to the report. Meanwhile, the economy is on everyone’s minds with only a few weeks left until the midterm elections. polls. CLICK HERE TO DOWNLOAD THE FOX NEWS APP 48% two years ago, while 52% say the same about health care costs, up from 44% Majorities also see housing costs (54%, up from 60%) and food prices (62%, up from 66%) as major issues. Nearly two-thirds of Americans say the economy is worse under the Trump administration than before.
