The White House Council of Economic Advisors (CEA) released a report showing that 72,000 new manufacturing jobs have been created in 2026. The growth is largely attributed to President Trump’s reshoring agenda, including the One Big Beautiful Bill (OBBB) and recent tariff measures.
Policy tools driving the boom
The OBBB allows companies to deduct 100% of expenses for new factory construction and equipment purchases. By eliminating taxes on overtime work, the bill encourages workers to put in extra hours, boosting productivity.
Company examples
Jergens, a manufacturing firm headquartered in Ohio, expanded operations into Illinois after taking advantage of the 100% expensing provision. CEO Jack Schron said, “Our employees are voluntarily working additional hours, keeping more of what they earn and supporting the U.S. economy.” The report notes that 83% of Jergens’ workforce is now picking up overtime.
In North Carolina, Ketchie Inc. grew its staff by 25% after using the same tax provision to purchase new machinery. The company waited for the OBBB to pass before making the investment.
Wage gains and broader impact
Manufacturing wages have risen 7.9% since January 2025, translating to roughly $2,500 more per worker per year after inflation adjustments. The CEA also cites 100,000 new construction jobs added since President Trump took office.
High‑tech sectors are feeling the effect as well. Micron is building memory‑chip plants in Idaho, Virginia and New York, representing a $250 billion investment. Apple announced a $600 billion commitment to U.S. semiconductor production. Pharmaceutical giants GSK and Gilead, along with automaker Stellantis, are also increasing domestic investment.
Economic scale
The report estimates that reshoring and tariff policies have generated $11 trillion in U.S. investment during President Trump’s second term.
Public sentiment
A recent Fox News poll shows 61% of voters view gas prices as a major problem, up from 48% two years ago, while 52% cite healthcare costs as a major issue. Despite these concerns, the poll indicates that nearly two‑thirds of Americans believe the economy is worse under the Trump administration than before.
Original reporting: Fox News (HLL/CB) — read the source article.