Facts About Manufacturing in the United States
12 Oct 2013
Did You Know...
- In 2012, manufacturers contributed $1.87 trillion to the economy, up from $1.73 trillion in 2011. This was 11.9 percent of GDP. For every $1.00 spent in manufacturing, another $1.48 is added to the economy, the highest multiplier effect of any economic sector. 1
- Manufacturing supports an estimated 17.2 million jobs in the United States—about one in six private-sector jobs. Nearly 12 million Americans (or 9 percent of the workforce) are employed directly in manufacturing.2
- In 2011, the average manufacturing worker in the United States earned $77,060 annually, including pay and benefits. The average worker in all industries earned $60,168.3
- Manufacturers in the United States are the most productive in the world, far surpassing the worker productivity of any other major manufacturing economy, leading to higher wages and living standards.4
- Manufacturers in the United States perform two-thirds of all private-sector R&D in the nation, driving more innovation than any other sector.5
- Taken alone, manufacturing in the United States would be the 10th largest economy in the world.6
For more details, read the full report Facts About Manufacturing.
The National Association of Manufacturers (NAM) is pleased to bring you several reports that highlight manufacturers' agenda for boosting growth and creating jobs. In these reports, you can find key facts and information about manufacturing in the United States, as well as important data and statistics for manufacturers. In addition, the NAM has published a Manufacturing Strategy for Jobs and a Competitive America that lays out the policies manufacturers need to compete in the global marketplace.
The key reports highlighted on this page are:
Jobs for America: Investments and Policies for Economic Growth and Competitiveness, which shows how the right policies and investments can lead to millions of new jobs.
Manufacturing Resurgence – A Must for U.S. Prosperity, which recommends actions to help strengthen manufacturers in America.
Facts About Manufacturing, which contains data and statistics showing the critical role of manufacturers in the U.S. economy.
1 Bureau of Economic Analysis, Industry Economic Accounts (2011).
2 Bureau of Labor Statistics (2012), with estimate of total employment supported by manufacturing calculated by NAM using data from the Bureau of Economic Analysis (2011).
3 Bureau of Economic Analysis (2011).
4 NAM calculations based on data from the United Nations, Bureau of Labor Statistics, and the International Labour Organization.
5 National Science Foundation (2008).
6 Bureau of Economic Analysis, Industry Economic Accounts (2011) and International Monetary Fund (2011).