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Scott Bessent: “Factory construction and manufacturing construction up 17%.”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Bessent: This was Iran's BIG mistake

Published | Video Starts at 07:40

So the deductibility and the expensing options have been incredible for businesses. And I do think that was a major tailwind for earnings. And we're seeing that Factory construction and manufacturing construction up 17%. And you know what happens, Maria? Construction jobs of facilities turn into manufacturing jobs. We've seen an uptick in manufacturing. Secretary, I was very surprised that the Senate left without delivering the reconciliation package for 5 funding of immigration. (07:40–07:47)

CLAIM

Asserts that factory and manufacturing construction increased by 17%.

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