America is getting back to the roots that made her great by investing heavily in domestic manufacturing. In the past year, the economy created 6.6 million new jobs, including 375,000 manufacturing jobs.
And that is just the start. We are building the infrastructure we need to produce the future here at home. We’re going to be producing the world’s best tech and electric vehicles, producing the steel, the small parts, and the chips in the USA. And our automobiles will be assembled in America too.
Since 2021, companies have announced investments totaling more than $200 billion in domestic manufacturing here in America. Companies like GM and Ford are building out new electric vehicle production. Tesla, our nation’s largest electric vehicle manufacturer, is expanding production. And others still are building electric buses and trucks.
Our cars and technology—and most of the world’s too—will be American-made, not Chinese. And all of these good paying jobs will be for Americans.
On average, auto industry workers make well beyond the national average income. Manufacturing workers earn 13.0 % more in hourly compensation (wages and benefits) than comparable workers earn. Many of these jobs are double or triple the average national income.
By getting back to the ideals and the industries that helped make our country great, America is building a strong future where we remain global economic leaders as the shining city on the hill.