Congressional Report on Manufacturing

Joint Economic Committee - A report released on Monday by the Democratic majority staff of the U.S. Congress Joint Economic Committee (JEC), observed fragile and uneven growth for the U.S. manufacturing industry.

Targeted Policy Actions Needed to Bolster Fragile Manufacturing Recovery
Congress and the Administration are targeting the manufacturing sector with policies aimed at rebuilding the industry and are committed to growing the country’s exports in the coming years. Actions to support the manufacturing sector include: support for exports, tax credits for clean energy manufacturing, and efforts to spur domestic demand for vehicles. The House has already passed many of these critical actions. Pending Senate action, Congress is poised to take significant steps toward insuring that this bright spot in the economy continues to light the way toward a better tomorrow. The attached table highlights legislation and presidential actions taken that may help support the manufacturing sector during the recovery...