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President Donald Trump’s signature One Big Beautiful Bill Act protected millions of U.S. manufacturing jobs, says a group representing the nation’s manufacturers.
The National Association of Manufacturers (NAM) released a new report on July 21, marking the first anniversary since Congress passed the legislation.
The law features various provisions to stimulate the manufacturing sector, including 100 percent expensing of newly built factories and immediate depreciation of machinery.
Analysis shows the economic impact on the manufacturing industry across all 50 states one year later.
“Tax policy is far more than numbers on a spreadsheet, and these stories—across all 50 states—show the real-world impact of pro-growth policies that have given manufacturers the confidence to invest, hire, raise wages and expand facilities,” said Jay Timmons, the organization’s president and CEO….
The National Association of Manufacturers (NAM) released a new report on July 21, marking the first anniversary since Congress passed the legislation.
The law features various provisions to stimulate the manufacturing sector, including 100 percent expensing of newly built factories and immediate depreciation of machinery.
Analysis shows the economic impact on the manufacturing industry across all 50 states one year later.
“Tax policy is far more than numbers on a spreadsheet, and these stories—across all 50 states—show the real-world impact of pro-growth policies that have given manufacturers the confidence to invest, hire, raise wages and expand facilities,” said Jay Timmons, the organization’s president and CEO….
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