MISUMI Americas, a specification-driven sourcing partner for mechanical components and assemblies, today announced The Rise of U.S. Manufacturing report. U.S. manufacturing added hit a record $2.91 trillion in 2024, and the momentum has continued: the ISM Manufacturing PMI reached 54 in May 2026, its strongest reading since 2022. Factory construction spending more than doubled from 2021 to 2024. Foreign companies have committed $2.42 trillion to U.S. manufacturing — more than to any other sector in the U.S.
That investment is now bumping into a problem it can’t buy its way out of: a workforce shortage that predates it and will outlast it. The Manufacturing Institute and Deloitte project the industry will need 3.8 million additional workers by 2033, and 1.9 million of those jobs could go unfilled without action. It is, by every available measure, the single largest constraint on how far this growth cycle can go.
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