Regulatory Reform

Regulatory Reform

Manufacturers rely on a stable and balanced regulatory environment to create jobs and fuel economic growth. Federal regulation is estimated to cost more than $2 trillion annually. The burden of regulation falls disproportionately on small businesses and manufacturers. Dollars spent by manufacturers on regulatory compliance for cumbersome or duplicative regulations are dollars not spent on capital investment or hiring new employees.

The NAM and its members are working to advance a manufacturing regulation system that focuses on real priorities and removes unnecessary impediments to growth.

Will You Stand With Us to Reform Regulation?


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Layers of excessive regulations hurt manufacturers’ ability to invest in new innovations, and our entire economy suffers as a result.

To correct this and free American manufacturers and small businesses to grow and create jobs, regulatory reform has to be a bipartisan priority. Transparency, accountability and honest evaluations of small business costs need to be part of our government’s regulatory calculus. Too often, this is the exception and not the rule.

NAM President and CEO Jay Timmons
 

Understand the Issue

COVER total cost of regulations

Federal regulation is estimated to have cost more than $2 trillion in 2012 (in 2014 dollars).  The NAM's commissioned report, The Cost of Federal Regulation to the U.S. Economy, Manufacturing and Small Business, highlights the burden of federal regulations on manufacturers in the United States.  Small manufacturers with fewer than 50 employees incur regulatory costs of $34,671 per employee per year -- more than three times the cost borne by the average U.S. company.  

Read more > The Cost of Federal Regulation to the U.S. Economy, Manufacturing and Small Business

 

NAM in the News

Press Releases

  • 05/11/2016
    Will You Stand with Us to Reform Regulation?
    35,000. That’s the cost of federal regulations endured by a small manufacturer with fewer than 50 employees—per year, per employee! I think we can all agree: this isn’t the way...
  • 07/15/2015
    Manufacturers Applaud Committee Action to Advance Food Labeling Bill
    On July 14, the House Agriculture Committee approved by voice vote the Safe and Accurate Food Labeling Act (H.R. 1599), which would create federal standards for the labeling of foods...
  • 06/04/2015
    Manufacturers Talk TSCA During Fly-In
    This week over 400 manufacturers from around the country representing small, medium and large manufacturers came to Capitol Hill urging action on key policy issues such as chemical reform and...
  • 01/20/2011
    A Loophole Big Enough to Drive Environmental Justice Through
    From the President’s Jan. 18 executive order, “Improving Regulation and Regulatory Review,” Section 1, General Principles of Regulation: c)  In applying these principles, each agency is directed to use the...
  • 01/19/2011
    Circumnetting the President, Business and Regulations
    Wall Street Journal, “Obama Courts Business Support“: Among the rules targeted by business and trade groups are proposed EPA regulations governing ozone and greenhouse-gas emissions, and emissions from industrial boilers;...