Thought this was a cool enough article to forward to the group. Cool stats in here for us manufacturers. Happy Friday!
http://www.nam.org/Statistics-And-Data/Facts-About-Manufacturing/Landing.aspx
Did You Know...
· In 2013, manufacturers contributed $2.08 trillion to the economy, up from $2.03 trillion in 2012. This was 12.5 percent of GDP. For every $1.00 spent in manufacturing, another $1.32 is added to the economy, the highest multiplier effect of any economic sector.1
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· Manufacturing supports an estimated 17.4 million jobs in the United States—about one in six private-sector jobs. More than 12 million Americans (or 9 percent of the workforce) are employed directly in manufacturing.2
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· In 2012, the average manufacturing worker in the United States earned $77,505 annually, including pay and benefits. The average worker in all industries earned $62,063.3
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· 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
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· 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
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· Taken alone, manufacturing in the United States would be the 8th largest economy in the world.6