The White House published an update highlighting a 10th consecutive month of U.S. manufacturing expansion, with production growing at its fastest pace in nearly five years. The update cited gains in employment and earnings, accelerating business investment and recent corporate commitments to expand domestic production. Manufacturers have added 72,000 jobs in 2026, while manufacturing workers’ weekly earnings have risen 5% over the past year, outpacing inflation. Business investment grew 12.7% in the third quarter of 2026, its fastest growth in 15 years. Private investment in plants and equipment increased 9.4%, more than twice the 2025 rate. U.S. machine tool orders reached their third-highest monthly total on record, rising more than 36% from a year earlier. Recent corporate announcements included Audi’s USD 4 billion factory in Georgia, its first U.S. manufacturing plant, expected to create 4,500 jobs. U.S. Steel announced a USD 3 billion investment near Pittsburgh to build a hot strip mill and increase annual capacity by roughly 1.3 million tons. Westinghouse Electric also announced a USD 1 billion investment in South Carolina to build a nuclear fuel factory.
White House highlights 10th consecutive month of manufacturing expansion and stronger business investment
The White House highlighted 10 consecutive months of U.S. manufacturing expansion, with production growth at its fastest in nearly five years. Its update cited 72,000 manufacturing jobs added in 2026 and 12.7% business investment growth in the third quarter. Recent corporate commitments included Audi’s USD 4 billion Georgia factory and U.S. Steel’s USD 3 billion investment near Pittsburgh.