US factory boom disproportionately favors poorer counties, study shows | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
A surge of factory building fueled by Biden administration investments in "strategic sectors" such as clean energy and semiconductors has so far flowed disproportionately to U.S. counties with relatively distressed economies and notably has not tracked "Democratic geography." Since 2021, a group of counties with relatively low employment rates for prime-age workers and low median household incomes - while accounting for only about 8% of national GDP - snared 16% of the $525 billion in announced investments, according to a data analysis by the Brookings Institution and the Massachusetts Institute of Technology. The study underscores how the embrace of a more muscular industrial policy under Democratic President Joe Biden could spread investments into regions left behind by decades of offshoring.
US factory boom disproportionately favors poorer counties, study shows gazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gazette.com Daily Mail and Mail on Sunday newspapers.
A surge of factory building fueled by Biden administration investments in "strategic sectors" such as clean energy and semiconductors has so far flowed disproportionately to U.S. counties with relatively distressed economies and notably has not tracked "Democratic geography." Since 2021, a group of counties with relatively low employment rates for prime-age workers and low median household incomes - while accounting for only about 8% of national GDP - snared 16% of the $525 billion in announced investments, according to a data analysis by the Brookings Institution and the Massachusetts Institute of Technology. The study underscores how the embrace of a more muscular industrial policy under Democratic President Joe Biden could spread investments into regions left behind by decades of offshoring.
A surge of factory building fueled by Biden administration investments in strategic sectors such as clean energy and semiconductors has so far flowed disproportionately to U.S. counties with. -February 13, 2024 at 02:04 pm EST
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