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Jon Husted: “Small manufacturers saw a drop of nearly 2% in the number of…”

Featuring: Jon Husted, Republican | Lieutenant Governor of Ohio

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Discussion on Manufacturing and Workforce Development with Jon Husted and Administrator Lefler

Published | Video Starts at 01:36

As I have learned, as I look at manufacturing, I've learned that a lot of small manufacturers over the course of the Biden administration saw that fewer loans were being made in that sector. There were Small manufacturers saw a drop of nearly 2% in the number of loans given during the Biden administration. loans almost as much as anybody because of the capital cost involved in manufacturing, particularly with the new technologies and the additive manufacturing space. (01:36–01:45)

CLAIM

Asserts that there was a decrease in loans to small manufacturers under the Biden administration.

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