Column: A manufacturing recovery will turn layoffs into new hires

For three years, the manufacturing sector has been beaten up badly, the result of failed public policy on regulation, energy and international trade. Mistakes out of Washington cost jobs while making things more expensive for consumers and American companies. The good news is that things are finally starting to change — and manufacturing is poised for a resurgence. In the beginning of 2023, manufacturing started to hemorrhage jobs. There are now some 200,000 fewer people employed in the sector compared to about three years ago. Similarly, by the summer of 2022, surveys from regional Federal Reserve banks and purchasing manager…