Washington, D.C. – Manufacturing added 14,000 jobs in November, according to data released by the Bureau of Labor Statistics on Friday. The industry’s slowed growth threatens the success of America’s clean energy future and the stability of the nation’s supply chains.
Alliance for American Manufacturing President Scott Paul said:
“While manufacturing continues to add jobs, the rate of growth has plunged, and other signals, such as the ISM’s Manufacturing Index, already show contraction. These are bad, bad signs for a sector at the heart of our efforts to power a clean energy future and enhance the resiliency of our supply chains.
“First, the Federal Reserve must reverse course and embrace more stimulative financial measures. Second, the administration should hold its line on tariffs and subsidies, and withstand pressure to weaken these tools. Finally, Congress must follow on the investments made in infrastructure, semiconductors, and clean energy manufacturing with industrial policies for other key sectors and robust implementation of the laws already in place.”
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