On Monday, the White House hosted its second “Made in America” exhibition, during which it showcases made-in-America products produced from all 50 states. During the event, products from leading U.S. automakers like Ford were displayed as well as sports equipment manufactured in Pennsylvania.
Like the White House’s first “Made in America” exhibition last year, this year’s exhibition seeks to encourage companies to manufacture goods in the United States rather than abroad while also encouraging consumers to buy made-in-America products. The exhibition invited companies from all 50 states to see successful examples of made-in-America products. It’s a common assumption that manufacturing products overseas is cheaper due to lower-cost labor and taxes. While true in some cases, countless companies have experienced greater success when manufacturing their products here in the states. The “Made in America’ Exhibition revealed some of these success stories.
This year’s “Made in America” Exhibition kicked off with President Trump making a speech. In his speech, President Trump explained that he’d always seen products touting the “made in America” logo while growing up — a trend that faded in the years to follow. President Trump, however, said that “we’re starting that again,” implying that more products will tout the “made in America” logo.
“The single best tribute to our workers can be found in the unmatched quality and craftsmanship of the amazing products they bring from the blueprint to the storefront. ‘Made in the USA’ is a global symbol of unrivaled excellence,” said President Trump.
The U.S. economy has experienced strong growth in recent years, partly because of the White House’s focus on made-in-America products. During just two quarters of last year, the country’s Gross Domestic Product (GDP) increased by more than 3%. Assuming analysts’ predictions are correct, GDP will increase even higher to 4 percent by the end of the second quarter in 2018.
A recent survey of leading U.S. manufacturing companies conducted by the National Association of Manufacturers (NAM) also found that optimism for the manufacturing industry is an all-time high. Furthermore, it’s estimated that more than 344,000 new manufacturing jobs have been created since President Trump took office.
With a newfound emphasis on making products in the Unites States, the country’s manufacturing industry will likely remain on its course for even stronger growth. From cars and sports equipment to tools, prefabricated homes, computers and more, countless products are manufactured here in the United States.No tags for this post.