American Manufacturing Is Surging—Despite Tariffs, Not Because of Them

Turn any article into a podcast. Upgrade now to start listening. Members can share articles with friends & family to bypass the paywall. You’re reading Dispatch Markets, a weekly dive into the forces driving economic growth—and those holding it back—featuring Scott Lincicome, Kyla Scanlon, Karl Smith, Marian Tupy, and Adam Ozimek. One of the more annoying hazards of the wonkery biz is commenting on available-but-lagging information that’s subsequently reversed or clarified by future data releases. In January, I wrote that the American manufacturing renaissance promised by the White House was “missing in action” because manufacturing sentiment was persistently depressed last year and actual performance had noticeably sagged in the fall. Since then, however, both have turned up: Industrial o