Washington, D.C. — A new analysis from the Center for American Progress shows how the Biden administration’s economic investments are benefiting underserved and historically disinvested communities. After two decades of disinvestment in manufacturing jobs, the Biden administration’s new industrial policy is helping bring jobs and investments back to these communities.
This analysis finds that 83.2 percent of counties receiving new private investments spurred by the Biden administration have manufacturing sectors that have shrunk since 2001. This suggests that the administration has so far been successful in its goal of incentivizing private investment in locations where access to manufacturing jobs is limited.
“Decades of disinvestment have made it harder for Americans to support themselves and their families through good manufacturing jobs,” said David Madland, senior fellow at the Center for American Progress. “But fortunately, the industrial policies of the Biden administration encourage investments in America’s manufacturing capacity for clean energy, electric vehicles, and semiconductors. These are jobs that can pay good wages, offer the chance to join a union, and, importantly, are now increasingly accessible to workers in places with limited access to manufacturing jobs in recent years—all important steps for building a better future for the American middle class.”
Read the column: “Communities That Lost Manufacturing Jobs Are Main Beneficiaries of Biden Administration’s New Industrial Policy” by Aurelia Glass and David Madland
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