Sparklines
The US Factory Boom Is a Golden Opportunity for Green Job Training
Construction workers, electricians and engineers could all pick up new skills to help decarbonize the economy.
Electrician apprentices work on wiring transformers at a trade school in Louisville, Kentucky.
Photographer: Luke Sharrett/BloombergThis article is for subscribers only.
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You may have heard that the US is in the midst of a manufacturing boom. Thanks to a combination of the Inflation Reduction Act, the CHIPS Act and a general interest in re-shoring US capacity, manufacturers’ construction spending has reached an annual rate of $190 billion. That is double the rate of just a year ago. Manufacturing as a share of US private-sector construction has not been this high since at least 1990, when government data sets begin.