The Inflation Reduction Act created a manufacturing boom
Real manufacturing construction spending in the United States, February 2024 dollars.
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
20
40
60
80
100
120
140
160
180
200
220
US$240bn
Great recession
Trump elected
Biden elected
Infrastructure Investment & Jobs Act passes
IRA and CHIPS Acts pass
