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here are some numbers U.S. manufacturing construction spending reached a 20-year high, hitting a $194 billion annual rate in April 2023, nearly double the $107

here are some numbers U.S. manufacturing construction spending reached a 20-year high, hitting a $194 billion annual rate in April 2023, nearly double the $107 billion annual rate from a year ago. https://thinkkc.com/news/blog/kc-smartport-blog/2023/08/01/investment-in-u.s.-manufacturing-on-the-rise https://thinkkc.com/news/blog/kc-smartport-blog/2023/08/01/i... In 2021, Intel announced more than $43.5 billion in new manufacturing investments across Arizona, New Mexico and Ohio to bolster U.S. chipmaking and R&D leadership. https://www.intc.com/news-events/press-releases/detail/1638/opinion-intel-is-poised-to-unleash-americas-innovation https://www.intc.com/news-events/press-releases/detail/1638/... Walmart previously announced a $350 billion investment to make U.S. manufacturing more “affordable and feasible,” https://www.sme.org/technologies/articles/2023/october/reshoring-and-restoring-u.s.-manufacturing/ https://www.sme.org/technologies/articles/2023/october/resho...

whimsicalism 3y ago
> U.S. manufacturing construction spending reached a 20-year high A nominal 20-year high and the increase is since the pandemic. Also this is for construction. Here are some other time series: https://fred.stlouisfed.org/series/OUTMS https://fred.stlouisfed.org/series/OUTMS Walmart $350 billion investment is over 10 years and mostly is for agriculture and some small electronics. Also this source is an American manufacturing lobbying group.
- berserk1010 3y ago
  here are some more companies have announced over $166 billion in manufacturing in semiconductors and electronics, and at least 50 community colleges in 19 states have announced new or expanded programming to help American workers access good-paying jobs in the semiconductor industry. https://www.whitehouse.gov/briefing-room/statements-releases/2023/08/09/fact-sheet-one-year-after-the-chips-and-science-act-biden-harris-administration-marks-historic-progress-in-bringing-semiconductor-supply-chains-home-supporting-innovation-and-protecting-national-s/ https://www.whitehouse.gov/briefing-room/statements-releases... Apple commits $430 billion in US investments over five years https://www.apple.com/newsroom/2021/04/apple-commits-430-billion-in-us-investments-over-five-years/ https://www.apple.com/newsroom/2021/04/apple-commits-430-bil... Microsoft will buy enough U.S.-made solar panels to power 1.8 million homes https://www.greenbiz.com/article/microsoft-will-buy-enough-us-made-solar-panels-power-18-million-homes https://www.greenbiz.com/article/microsoft-will-buy-enough-u... Tesla plans to spend $3.6 billion more on battery and truck manufacturing in Nevada https://www.cnbc.com/2023/01/24/tesla-plans-to-spend-3point6-billion-more-on-manufacturing-in-nevada.html https://www.cnbc.com/2023/01/24/tesla-plans-to-spend-3point6...
  - csomar 3y ago
    I feel like this comment is GPT-ed. You are just putting random numbers out there. They are meaningless. The previous poster gave you an indicator "Real Sectoral Output for All Workers". The indicator adjusts for inflation. US manufacturing never recovered from the 2008 crisis. And in 2005, the output of manufacturing was higher than it is today (in real value terms, not funny dollars).
rvba 3y ago
Of this 194 billion, how much are one-offs? If intel builds one plant (in 2011) for 43 billion and average investmenr in 2011 was 109 billion, then intel is like 45% of all. So in 2023 maybe there was some other big one off? Of course a factory is still a factory, so the one-off thing is a bit misleading, but what I try to say that it seems one big factory takes 40% of investment. What would be the spending for 10? 400 bilion? One is still better than zero though and probably has subcontractors.

whimsicalism 3y ago

> U.S. manufacturing construction spending reached a 20-year high A nominal 20-year high and the increase is since the pandemic. Also this is for construction. Here are some other time series: https://fred.stlouisfed.org/series/OUTMS https://fred.stlouisfed.org/series/OUTMS Walmart $350 billion investment is over 10 years and mostly is for agriculture and some small electronics. Also this source is an American manufacturing lobbying group.

berserk1010 3y ago
here are some more companies have announced over $166 billion in manufacturing in semiconductors and electronics, and at least 50 community colleges in 19 states have announced new or expanded programming to help American workers access good-paying jobs in the semiconductor industry. https://www.whitehouse.gov/briefing-room/statements-releases/2023/08/09/fact-sheet-one-year-after-the-chips-and-science-act-biden-harris-administration-marks-historic-progress-in-bringing-semiconductor-supply-chains-home-supporting-innovation-and-protecting-national-s/ https://www.whitehouse.gov/briefing-room/statements-releases... Apple commits $430 billion in US investments over five years https://www.apple.com/newsroom/2021/04/apple-commits-430-billion-in-us-investments-over-five-years/ https://www.apple.com/newsroom/2021/04/apple-commits-430-bil... Microsoft will buy enough U.S.-made solar panels to power 1.8 million homes https://www.greenbiz.com/article/microsoft-will-buy-enough-us-made-solar-panels-power-18-million-homes https://www.greenbiz.com/article/microsoft-will-buy-enough-u... Tesla plans to spend $3.6 billion more on battery and truck manufacturing in Nevada https://www.cnbc.com/2023/01/24/tesla-plans-to-spend-3point6-billion-more-on-manufacturing-in-nevada.html https://www.cnbc.com/2023/01/24/tesla-plans-to-spend-3point6...
- csomar 3y ago
  I feel like this comment is GPT-ed. You are just putting random numbers out there. They are meaningless. The previous poster gave you an indicator "Real Sectoral Output for All Workers". The indicator adjusts for inflation. US manufacturing never recovered from the 2008 crisis. And in 2005, the output of manufacturing was higher than it is today (in real value terms, not funny dollars).

rvba 3y ago

Of this 194 billion, how much are one-offs? If intel builds one plant (in 2011) for 43 billion and average investmenr in 2011 was 109 billion, then intel is like 45% of all. So in 2023 maybe there was some other big one off? Of course a factory is still a factory, so the one-off thing is a bit misleading, but what I try to say that it seems one big factory takes 40% of investment. What would be the spending for 10? 400 bilion? One is still better than zero though and probably has subcontractors.