Regulatory Reform

Regulatory Reform

Manufacturers rely on a stable and balanced regulatory environment to create jobs and fuel economic growth. Studies done by the NAM show federal regulations are costing manufacturers almost 2 trillion dollars, with small manufacturers and businesses carrying a disproportionate amount of the burden – almost $35,000 per employee each year. The dollars spent on unnecessary regulations are dollars not spent on growth, innovation, and new hires.

The NAM and its members believe balance is necessary and are working to achieve a regulation system that focuses on manufacturing priorities and the growth of the economy.



 
 

View the Study

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

 

Press Releases

  • 10/10/2017
    Timmons: Administration Gives Relief to Manufacturers
    National Association of Manufacturers (NAM) President and CEO Jay Timmons released the following statement on the Trump administration’s recent announcement on the Clean Power Plan.
  • 03/15/2017
    President Trump Hits the Reset Button on Auto Emissions Rule
    The National Association of Manufacturers (NAM) commended President Donald Trump for announcing that the Environmental Protection Agency (EPA) and Department of Transportation (DOT) would reconsider an EPA midnight regulation impacting automobile fuel economy requirements and emissions standards, or the program known as the corporate average fuel economy (CAFE) standards.
  • 02/28/2017
    President Trump Orders EPA to Rescind WOTUS
    National Association of Manufacturers (NAM) President and CEO Jay Timmons issued the following statement on President Donald Trump’s executive order directing the Environmental Protection Agency (EPA) and the U.S. Army Corps of Engineers to rescind the “Waters of the United States” (WOTUS) rule, which expands the number of waterways federally protected under the Clean Water Act.

NAM in the News