{"id":1909600,"date":"2023-04-04T07:58:03","date_gmt":"2023-04-04T11:58:03","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-manufacturing-reaches-new-low-as-biden-tours-american-factories\/"},"modified":"2023-04-04T08:02:41","modified_gmt":"2023-04-04T12:02:41","slug":"us-manufacturing-reaches-new-low-as-biden-tours-american-factories","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-manufacturing-reaches-new-low-as-biden-tours-american-factories\/","title":{"rendered":"US Manufacturing Reaches New Low as Biden Tours American Factories"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fus-manufacturing-reaches-new-low-as-biden-tours-american-factories%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1909600&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div>\n<figure><figcaption>President Joe Biden \/ Getty Images<\/figcaption><\/figure>\n<\/div>\n<div>\n<p><span>On President Joe Biden&#8217;s &#8220;Investing in America&#8221; factory tour, a report shared that U.S. manufacturing has reached its lowest point since the beginning of the pandemic.<\/span><\/p>\n<p><span>According to Reuters, on Monday the Institute for Supply Management released a report stating that the manufacturing index has reached 46.3, its lowest level since May 2020. Excluding the pandemic-based recession, the PMI was at the lowest point since 2009.<\/span><\/p>\n<p><span>The PMI tool tracks economic trends in the manufacturing and service sectors based on conditions in major businesses. The figure is deemed to have declined at a PMI score lower than 50.<\/span><\/p>\n<p><span>President Biden has initiated an &#8220;Investing in America&#8221; factory tour\u00a0that visits factories all over the country promoting the administration&#8217;s vision for job creation and a clean energy economy.<\/span><\/p>\n<p><span>The Biden administration aims to use taxpayer funds to construct a &#8220;clean energy economy.&#8221; However, the billions of dollars invested in green energy firms have caused criticism from opposition, as it has enriched left-wing billionaire megadonors of the Democratic Party and Chinese manufacturers that source materials for such firms.<\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden \/ Getty Images U.S. manufacturing reached its lowest point since the start of the pandemic, according to a report released just as President Joe Biden embarked on a tour of U.S. factories to tout his promise to boost the industry. On Monday, the Institute for Supply Management\u2019s manufacturing index reached its lowest<\/p>\n","protected":false},"author":1708,"featured_media":1909601,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[4123,3620,8593,12169,5810,17381],"class_list":["post-1909600","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon","tag-american","tag-biden","tag-factories","tag-manufacturing","tag-reaches","tag-tours"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1909600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1708"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1909600"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1909600\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1909601"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1909600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1909600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1909600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}