A new manufacturer-led coalition is taking action against the barrage of regulations being handed down by the federal government, the NAM announced Thursday.
What’s going on: The NAM, along with members of the NAM’s Council of Manufacturing Associations and Conference of State Manufacturers Associations, has launched Manufacturers for Sensible Regulations, a group aimed at addressing the unworkable onslaught of rules that has emerged from the Biden administration in recent months.
- More than 63% of manufacturers say they spend more than 2,000 hours a year complying with federal regulations, according to the NAM’s Q2 2023 Manufacturers’ Outlook Survey.
- The percentage of manufacturers with a positive outlook on the future of their business is at its lowest in almost four years, according to the survey.
Why it’s important: “Washington is creating tremendous doubt across our sector at a time when we’re still dealing with economic uncertainty,” NAM President and CEO Jay Timmons said.
- “The unbalanced regulations coming out of this administration threaten to undermine our ability to grow, compete and win on a global scale,” added American Cleaning Institute President and CEO, NAM board member and CMA Chair Melissa Hockstad.
What can be done: The new coalition is already meeting with key members of the Biden administration and Congress to share the impact the numerous regulations have had on the manufacturing industry.
- “We will work with our state partners and the White House to find solutions to help grow our sector in the most responsible way possible,” said Utah Manufacturers Association President and CEO, NAM board member and COSMA Chair Todd Bingham.
NAM in the news: POLITICO’s Influence newsletter highlighted the new coalition.