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US manufacturing expansion stalls amid fading boost from CHIPS Act, trade uncertainty

Construction, search data point to slowdown in new operations
Taiwan Semiconductor Manufacturing Company Limited, known as TSMC, recently completed construction on its first U.S. semiconductor fabrication plant in Phoenix. (CoStar)
Taiwan Semiconductor Manufacturing Company Limited, known as TSMC, recently completed construction on its first U.S. semiconductor fabrication plant in Phoenix. (CoStar)
CoStar Analytics
August 25, 2025 | 9:00 P.M.

Spending and construction starts on new manufacturing facilities, along with lease-listing views for available space, all point to a near-term slowdown in the expansion of factory operations.

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News | US manufacturing expansion stalls amid fading boost from CHIPS Act, trade uncertainty