Us Congress House Bill HR759

Us Congress 2023-2024 Regular Session

• Introduced: 10/3/23
• Refer: 10/3/23

Caption

Expressing support for the designation of October as "Manufacturing Month".

Impact

The resolution emphasizes the employment of over 13.2 million Americans in the manufacturing sector, accounting for 10.3% of the total U.S. workforce. This acknowledgment is meant to raise awareness about job security and the economic stability that manufacturing jobs provide. The average hourly earnings for manufacturing workers in August 2023 were noted as $32.61, indicating a profitable industry for employees and the potential benefits of promoting national manufacturing to encourage job creation in the sector.

Summary

House Resolution 759 expresses support for the designation of October as 'Manufacturing Month'. This resolution aims to highlight the significant contribution of the manufacturing sector to the American economy and its workforce. In 2021, manufacturing contributed over $2.49 trillion to the U.S. economy, representing approximately 10.7% of the gross domestic product. The resolution points out that the manufacturing industry is vital to economic health, not just because of its direct contributions but also due to its multiplier effect—every dollar spent in manufacturing adds approximately $2.79 to the economy, the highest among all sectors.

Contention

While the resolution is primarily a formal expression of support, potential points of contention may arise regarding the implications of such designations. Some critics may argue that simply declaring a month as 'Manufacturing Month' does not address the underlying challenges facing the manufacturing sector, including competition from global markets and the need for technological advancements. Additionally, the resolution may spark discussions about the efficacy of government support for manufacturing in light of emerging economic trends and shifts toward automation.