Apple Ramps Up U.S. Manufacturing, Signaling a Supply Chain Shift to America

U.S. Manufacturing, Retail, and Housing See Big Moves — What’s Behind Them?

Apple Boosts U.S. Manufacturing

Apple is increasing its U.S. manufacturing investment to $60 billion, adding $10 billion to its February pledge of $50 billion — the largest in its history.（whitehouse.gov）

$2.5 billion will expand Corning’s glass plant in Kentucky for iPhone parts. While iPhones won’t be fully made in the U.S., the goal is to get overseas suppliers to buy more American-made components and strengthen domestic supply chains.

With new U.S. tariffs of 10%–50% on goods from 60+ countries taking effect August 7, Apple’s move helps avoid tariff risks and supports the “Made in America” push. It will also partner with 10 U.S. companies to expand production locally.

Jack in the Box Restructures

Fast-food chain Jack in the Box plans to sell at least $100 million in real estate and shut up to 200 stores this year, about 120 by year-end.

It will also renovate 1,000+ stores (up from 300–400 planned), investing up to $90 million to improve design and efficiency.

The changes follow a 7.1% drop in same-store sales last quarter. Strong results in new markets like Chicago and Durham could shape future strategy, which may include selling its Del Taco brand.

Affordable Housing Investment Doubles

President Donald Trump’s “Big and Beautiful” Act allows Fannie Mae and Freddie Mac to double their Low-Income Housing Tax Credit investment cap from $2B to $4B a year.

This tax credit program encourages private investment in affordable housing. The increase should help boost supply in the coming years.

Mortgage rates are easing slightly — the 30-year fixed average is 6.63%, down from 6.72% a week ago but still above 2024’s 6.47%.