Releases Under President Trump, U.S. Factories Expand at Fastest Clip in More Than Four YearsU.S. manufacturing activity surged in July at the strongest rate in more than four years — driven by soaring demand, record production, and a wave of new hiring. The Federal Reserve confirms the boom is widespread: manufacturing activity, payrolls, and wages are rising nationwide. 83,000 factory construction jobs have been added since President Trump took office. More than 18,000 manufacturing jobs have been created in 2026 alone, reversing years of decline. This is the manufacturing renaissance President Trump promised — and delivered.