Economic Innovation Group (US)

By the third quarter of 2022, U.S. manufacturing employment had not only surpassed its 2019 peak but also reached its highest level since the Global Financial Crisis. Yet post-pandemic gains in manufacturing employment have been uneven across states and metropolitan areas. Data through 2025 reveals that manufacturing jobs growth over the past six years has been highly concentrated. Over four-fifths of this employment growth has occurred in just 354 out of 3,143 counties.

Originally published on Agglomerations, the Substack newsletter from the Economic Innovation Group. By Kenan Fikri What can geography reveal about the frontier of manufacturing in America? The first post in this series documented U.S. manufacturing’s stasis ever since the Great Recession of 2008 — low rates of job creation and job losses, low rates of job turnover, and low startup rates.

What can geography reveal about the frontier of manufacturing in America? The first post in this series documented U.S. manufacturing’s stasis ever since the Great Recession of 2008 — low rates of job creation and job losses, low rates of job turnover, and low startup rates. This post similarly peers under the surface of the sector to examine what geography and business dynamism, together, can tell us about the health of American manufacturing today.

Everyone hates the fiscal deficit, but no one wants to do anything about it. The problem, of course, is that addressing the deficit proactively jeopardizes politicians’ favorability with voters. What if, however, there were a politically popular way to shore up fiscal balances at the federal, state, and local levels without taxing citizens more or cutting their services? In fact, such a mechanism exists today, in the form of high-skill immigration.

click your preferred podcast platform below Ideas for a Post-YIMBY Housing Future Arpit Gupta, a finance professor at NYU who has made important contributions on a startingly high number of topics, speaks with Cardiff about his latest contributions to the study of housing affordability, remote work, artificial intelligence, and finance.

EIG Media Contact: Reuben Francis | [email protected] Washington, D.C. – The Economic Innovation Group (EIG) released the following statement in response to Washington State enacting legislation to restrict the use of noncompete agreements: “Washington State’s action marks a significant step forward in restoring dynamism and opportunity in the labor market,” said John Lettieri, President and CEO of the Economic Innovation Group.

By Adam Ozimek and Sarah Eckhardt The H-1B visa is the primary pathway for skilled immigrants to come work in the United States. While much is known about how individuals on those visas affect innovation and the firms they work for, their impact on government finances has received less attention. Existing research on this topic tends to focus on immigrants’ lifetime fiscal contributions.

click your preferred podcast platform below The Roots of our Zero-Sum Moment Stefanie Stantcheva is an economist at Harvard and the head of the Social Economics Lab, where her team has done extraordinary work investigating how people form their opinions about economic and political topics. That work was the subject of an earlier New Bazaar episode.

EIG Media Contact: Reuben Francis | [email protected] Washington, D.C. – The Economic Innovation Group (EIG) released the following statement in response to President Trump’s State of the Union announcement on forthcoming action to provide retirement accounts modeled after the federal Thrift Savings Plan (TSP).

By Jiaxin He and Adam Ozimek Do H-1B visa holders earn more or less than Americans? There are two different ways to answer this. If we compare H-1B holders to the average native-born worker, the answer is unequivocal that the visa holder is paid more. Median H-1B pay in 2024 was $120,000 per USCIS, compared to $67,000 for the average native-born worker.[1] However, when we compare H-1B holders to otherwise similar native-born workers, the question becomes more complex.