NIST Report on the U.S. Manufacturing Economy
 NIST released AMS 600-13, the Annual Report on the U.S. Manufacturing Economy. This work is discussed on NIST’s “U.S. Manufacturing Economy” webpage. In addition to discussing U.S. manufacturing as a whole, it also includes figures specific to
Some brief figures on U.S. manufacturing include:
- In 2022, Manufacturing contributed $2.3 trillion to U.S. GDP amounting to 11.4 % of total U.S. GDP, measured in chained 2012 dollars
- Including direct and indirect (i.e., purchases from other industries) value added, manufacturing contributes an estimated 24 % of GDP.
- According to the Current Population Survey, there were 15.2 million employees in U.S. manufacturing in 2022, representing 9.6 % of total U.S. employment
- Manufacturing accounted for 76.6% of total U.S. environmental impact according to NIST’s Manufacturing Cost Guide
- Average compensation in U.S. manufacturing is 6.3 % higher than that for total private industry
- Frequently, countries are discussed as brands. Two rankings provide insight into the U.S. as a brand:
- U.S. ranks 10th among 49 total countries in Statistica’s Made-in-Country Index
- U.S. ranks 8th in the Ipsos National Brands Index
Comments or suggestions for future reports are welcomed.
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