For better or worse, several of the recent tax laws have heavily incentivized domestic manufacturing, especially in high-tech spaces like batteries, EVs, and se

For better or worse, several of the recent tax laws have heavily incentivized domestic manufacturing, especially in high-tech spaces like batteries, EVs, and semiconductors. There will indeed be a lot of actual manufacturing in the states in the next few years. Just look at the construction investment charts, there's legitimate industrial policy for the first time in generations. Compare the manufacturing facility spending today vs. the "other" category which included the housing boom in 2007; https://home.treasury.gov/system/files/136/unpacking-the-boom-in-us-construction-of-manufacturing-facilities-figure2.png https://home.treasury.gov/system/files/136/unpacking-the-boo... Or https://econbrowser.com/wp-content/uploads/2023/07/constr_invest_mfg-1.png https://econbrowser.com/wp-content/uploads/2023/07/constr_in... (From here: https://econbrowser.com/archives/2023/07/the-manufacturing-construction-boom https://econbrowser.com/archives/2023/07/the-manufacturing-c...)