A post by @SecScottBessent on X.
Thanks to America’s unrivaled entrepreneurial spirit and dynamism, the re-industrialization and re-privatization of the American economy are gathering extraordinary force.
@SecScottBessent on X
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Treasury Secretary Scott Bessent said the U.S. economy is undergoing a re-industrialization and re-privatization push, citing a jobs report showing nearly 400,000 private-sector jobs created over the past three months. Manufacturing employment has risen by more than 100,000 in 2026 alone, according to Bessent's post on X. He framed the gains as a deliberate shift away from government-led growth toward private investment and productive employment. The comments matter as a signal of the administration's economic messaging ahead of upcoming data. Watch next month's payroll and manufacturing figures to see whether the pace holds.
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Named in this story
Scott Bessent, American economy, US Treasury