Study: Federal Regs Cost Small Manufacturers $50,000 Per Employee


A new study from the National Association of Manufacturers finds federal regulations are costing manufacturers roughly $350 billion a year. That amounts to an average $29,100 per manufacturing employee, and more than $50,000 per employee for small manufacturers. Read this news release. Overall, the total cost of federal regulations grew by more than $465 billion from 2012 to 2022, when the total exceeded $3 trillion — equal to 12% of U.S. GDP. 10/26/2023