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Stock impact report

Smaller US manufacturers warm to Biden's big industrial plan, survey shows [Reuters]

Xometry, Inc. - Class A (XMTR) 
Company Research Source: Reuters
In a survey of 150 producers, nearly 49% said they thought President Joe Biden "is more likely to bring about an American manufacturing renaissance," while just over 31% gave that accolade to Republican candidate Donald Trump. About 15% favor an unnamed third-party candidate to revitalize the sector, according to the survey conducted by polling company John Zogby Strategies on behalf of Xometry, a Maryland-based company that provides digital sourcing services for industrial producers. Biden's industrial policy, headlined by legislation passed in 2022 that sparked a surge of factory construction, is aimed at boosting semiconductors, electric vehicles and green technologies, as well as other sectors. The efforts so far have not produced many manufacturing jobs . And so, as the presidential campaign shifts into higher gear ahead of November's election, Biden is touring factories to tout his accomplishments, especially to voters in battleground states. Report this ad "This is the Show less Read more
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