How important is manufacturing to the U.S. economy?

At the end of August I posted about the number of manufacturing jobs in the U.S in the post How many people are employed in manufacturing? The Census Bureau has a recent post, Manufacturing Still Amon Top Five U.S. Employer by Adam Grundy (10/2/2020) that adds some context. Manufacturing is the fifth-largest employer with health care and social assistance at the top.  As the graphic here shows, manufacturing has a better than average salary. Also,

According to the Census Bureau’s Preliminary Profile of US Exporting Companies in 2017-2018, nearly six in 10 U.S. exporting dollars come from manufacturers.

There are other graphics and links to data in the article.

About Thomas J. Pfaff

Thomas J. Pfaff is a Professor of Mathematics at Ithaca College. He created this website because he believes that sustainability, ranging from climate change to social justice, should be included in all courses whenever possible.

Check Also

What is the outlook for the class of 2023?

EPI gives an overview of the economic state of the class of 2023 in their …