Establishes a position of Assistant Secretary of Commerce for Manufacturing in the Department of Commerce (to be appointed by the President by and with the advice and consent of the Senate) who shall: (1) represent the interests of the manufacturing sector; (2) aid in the development of policies that promote the expansion of that sector; (3) review policies that may adversely impact that sector; and (4) submit annual reports that contain an overview of the state of the U.S. manufacturing sector, a forecast of its future, and an analysis of significant laws, regulations, and policies that adversely impact it.