Once in a while, you find a video that is so well done, so compelling, that you must share.This video, from American Made Matters is a great example.It will make you think twice about where products are made!knowing that the simple act of buying American-made products can have a profound impact on our economy.It's all about creating jobs.Jobs that are secure and well-paying.Jobs that can help re-build our middle class.
Manufacturing Facts fromThe National Association of ManufacturersWebsite
In 2014, manufacturers contributed $2.09 trillion to the economy, up from $2.03 trillion in 2013.This was 12 percent of GDP.Every $1.00 spent in manufacturing generates another $1.37 for the economy.This is the highest multiplier effect of any economic sector.1,2
- Manufacturingsupports an estimated 17.6 million jobs in the United States—about one in six private-sector jobs.More than 12.3 million Americans (or 9 percent of the workforce) are employed directly in manufacturing.3
- In 2013, the average manufacturing worker in the United States earned $77,506 annually, including pay and benefits.The average worker in all industries earned $62,546.4
- 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.5
- Manufacturers in the United States perform two-thirds of all private-sector R&D in the nation, driving more innovation than any other sector.6
- Taken alone, manufacturing in the United States would be the 9th largest economy in the world.7
Take a look at this most recent video fromAmerican Made Matters.It will inspire you to support American Manufacturing and buy American-made products.
NAM Footnote sources:
1Bureau of Economic Analysis, Industry Economic Accounts (2014).
2Bureau of Economic Analysis, Industry Input-Output Tables (2013).
3Bureau of Labor Statistics(2014), with estimate of total employment supported by manufacturing calculated by NAM using data from theBureau of Economic Analysis(2013, 2014).
4Bureau of Economic Analysis, National Economic Accounts by Industry (2013).
5NAM calculations based on data from theUnited Nations,Bureau of Labor Statisticsand theInternational Labour Organization.
6Bureau of Economic Analysis, National Economic Accounts by Industry (2013).
6Bureau of Economic Analysis, Industry Economic Accounts (2014) andInternational Monetary Fund(2013).
- See more at:http://www.nam.org/Statistics-And-Data/Facts-About-Manufacturing/Landing.aspx#sthash.suuUfSM5.dpuf
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