The High Cost of Compliance: Here’s What You...
A 2023 National Association of Manufacturers (NAM) study estimated the costs of U.S. federal regulations in 2022 to be approximately $350 billion, with the costs hitting smaller companies particularly hard. “To put this figure in perspective, it is larger than the individual economies of 29 U.S. states,” the NAM report states. Other findings in the report: Small manufacturing firms (50 […]