As the COVID-19 pandemic raged throughout the U.S., manufacturers were forced to slow or halt production of numerous goods. Compared to last year, people are purchasing more products, causing an increase in demand for manufactured goods.
The U.S. manufacturing industry is bouncing back as the pandemic subsides in America. Alliance for American Manufacturing President Scott Paul joined AWF Union Podcast to discuss American manufacturing, supply issues and more.
Buying American goods and services
Paul applauded the Biden administration for focusing on American manufacturing as the U.S. climbs back from the COVID-19 pandemic. Buying American made goods has been a focus of this administration.
Over the last few decades, the U.S. became reliant on foreign producers for necessary goods, including personal protective equipment. The COVID-19 pandemic revealed the need for American manufacturers to produce goods.
Paul addressed the higher cost of American manufactured goods. He said it is unfortunate, but must be done. The quality of the goods are usually greater, the worker is better compensated and it is an overall positive for the U.S. economy.
Supply chain issues
One of the major results of the COVID-19 pandemic was the exposure of holes in the U.S. supply chain. As American manufacturers were forced to slow production for safety concerns, we became even more reliant on foreign producers.
American manufacturers are now struggling to keep up with demand. Paul explained how the Biden administration is working to address this issue through legislation and executive orders.
Infrastructure improvements are desperately needed and Paul is happy President Biden is addressing the issue. The major issue being debated by Congress and the administration is how to pay for such a huge plan. Both parties know a plan is needed, however.