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Fact-check · Sep 12, 2026 · Donald Trump

“Factory construction is booming like it has never boomed”

MISLEADING
What the record shows
Census Bureau data: Manufacturing construction spending peaked at $249.8B in August 2024, declined 6.7% through Q3 2025, and fell to $174.8B (seasonally adjusted annual rate) by May 2026—30% below peak.
Sources
▶ Watch the broadcast
From: President Trump Delivers Remarks to U.S. Embassy Personnel and Business Leaders

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