Each year, the U.S. government spends roughly $600 billion on procurement — including everything from furniture and trucks to helicopter blades. Spending that money on American-made goods could provide a great boost for U.S. manufacturers.
Since the start of the COVID-19 pandemic, the United States has lost roughly 500,000 good-paying manufacturing jobs. That’s a heavy toll for such an important part of the national economy. However, the Biden administration is working to rebuild U.S. manufacturing with a new rule intended to increase the American-made content of goods purchased by the federal government.