True to President Donald Trump's campaign promise to reduce the federal government's regulatory burden on the nation's manufacturers, the performance of the first two years of the Trump administration appears to have met with this sector's general approval. In its quarterly Manufacturers Outlook Survey, the National Association of Manufacturers (NAM) reports for December 2018 that its “Manufacturers Optimism” level averaged 88.7 percent, up from 64.3 percent in 2016, or a 37.9 percent increase over the past 24 months.
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