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Facts About Manufacturing

Facts About Manufacturing.

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Facts About Manufacturing

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  1. Facts About Manufacturing The 2012 Facts About Manufacturing was produced by The Manufacturing Institute, the Manufacturers Alliance for Productivity and Innovation, and the National Association of Manufacturers. Any use of the charts in this file must credit the 2012 Facts About Manufacturing. To access the specific data behind the charts, left-click your mouse on the chart portion of the slide to select the chart. Then right-click your mouse to show the menu options. Select “Edit Data” and the specific data elements will open in an Excel file. If you have additional questions, please contact Gardner Carrick at the Manufacturing Institute at gcarrick@nam.org or 202-637-3491. NOTE: These charts will be updated as new data becomes available. Updates will be noted in the title of the slide.

  2. Facts About Manufacturing COSTS

  3. The U.S. Has a Structural Cost Disadvantage (Updated June 2011) Source(s): MAPI

  4. Among 9 Largest Trading Partners, Only France Has Higher Structural Costs Than the U.S. (Updated June 2011) Source(s): MAPI

  5. The U.S. Does Not Keep Pace With Falling Corporate Tax Rates(Updated July 2012) Source(s): MAPI Costs Study and Organisation for Economic Co-operation and Development and country budget documents Note: Rates include both national and subnational corporate taxes where they exist

  6. Business Is the Largest Source of State and Local Funding(Updated October 2013) Total State and Local Taxes FY 2012 ($Billions) Source(s): Ernst & Young and Council on State Taxation

  7. U.S. Healthcare Costs Are Increasing (Updated May 2013) Source(s): U.S. Bureau of Labor Statistics

  8. Commercial Tort Costs Climbing Again (Updated January 2013) Source(s): Towers Watson and U.S. Bureau of Labor Statistics

  9. Despite Rhetoric, Regulations Are as Burdensome as Ever(Updated July 2012) Source(s): MAPI Costs Study

  10. The U.S. Ranks High But Is Not the Easiest Country To Do Business In (Updated April 2014) Source(s): World Bank, Ease of Doing Business Index

  11. Manufacturing Sector’s Falling Unit Labor Costs Increase Global Competitiveness (Updated January 2013) Source(s): U.S. Bureau of Labor Statistics

  12. Facts About Manufacturing Economy & Jobs

  13. The U.S. Manufacturing Sector Is the Eighth-Largest Economy (Updated April 2014) Source(s): International Monetary Fund and U.S. Bureau of Economic Analysis and MAPI

  14. Manufacturing’s Multiplier Effect Is Stronger Than Other Sectors’ (Updated April 2014) Source(s): U.S. Bureau of Economic Analysis, Annual Input-Output Tables

  15. Manufacturing Firms by Number of Employees(Updated April 2014) Number of Employees per Firm Source(s): U.S. Census Bureau and MAPI

  16. Manufacturing Establishments by Number of Employees(Updated April 2014) Number of Employees per Firm Source(s): U.S. Census Bureau and MAPI

  17. Chemicals Lead Manufacturing in Terms of Output(Updated April 2014) Source(s): U.S. Bureau of Economic Analysis data

  18. Food & Beverage Leads Manufacturing in Terms of Employment (Updated April 2014) Source(s): U.S. Bureau of Economic Analysis data

  19. Number of Jobs in Manufacturing(Updated March 2014) Source(s): U.S. Bureau of Labor Statistics

  20. Manufacturing Supports Millions of U.S. Jobs in Other Sectors (Updated April 2014) Source(s): Estimated (E) from the U.S. Bureau of Economic Analysis, Annual Input-Output Tables

  21. Manufacturing Job Gains Are Largest in the Midwest and Northwest (Updated March 2014) Percentage Change in Manufacturing Employment by State, Dec 2009 – Oct 2013 WA 12.7 ME -0.4 MT 7.6 ND 15.8 VT 5.2 MN 5.7 OR 10.1 ID 11.5 NY -3.0 WI 9.0 SD 16.0 MI 21.2 WY 13.5 NH MA RI CT NJ DE MD DC 1.2 -2.7 -1.7 -3.4 -4.1 -4.1 -10.2 -25.0 IA 8.8 PA 1.3 NE 6.8 NV 3.6 OH 7.2 IL 3.5 IN 11.4 UT 9.9 WV -0.6 CO 6.9 VA -0.7 KS 3.5 CA 1.4 KY 7.4 MO 3.5 NC 2.6 TN 8.0 OK 11.9 AZ 3.2 NM 1.4 SC 8.6 AR -2.5 AL 5.1 GA 2.9 MS -0.7 TX 7.6 HI 0.0 LA5.7 AK 20.6 FL 1.3 Change in Share of State Employment, 2001-2011 Below National Average Equal to or Above National Average Source(s): U.S. Bureau of Labor Statistics

  22. No Region Has Been Immune to the Decline in Manufacturing Employment (Updated May 2013) Source(s): U.S. Bureau of Labor Statistics

  23. WA 33 Manufacturing Makes a Positive Contribution to Most State Economies (Updated October 2013) Percentage Change in Gross State Product from Manufacturing, 2006-2012 ME 5 MT 33 ND 18 MN 19 VT 5 OR 58 ID 35 NY -2 WI 7 SD 24 MI 2 WY 25 IA 3 PA 1 NE 38 WA 26 NV 7 NH MA RI CT NJ DE MD DC 16 21 -13 -11 -3 -2 28 6 OH 2 IL 23 IN 32 MT 6 UT 61 ND 9 WV 2 CO 25 VA 22 MN 18 OR 61 KS 19 CA 8 KY 5 MO 5 WI 7 ID 41 SD 13 MI -6 NC 12 WY 43 TN 4 IA 12 OK 11 AZ 8 NM -1 OH -5 SC 19 AR -9 NE 23 NV 2 IL 15 IN 17 WV 0 AL 6 GA 10 UT 48 MS 4 CO 29 CA 17 KY -4 KS 7 MO 4 TX 33 HI 13 LA3 NC 10 TN 2 AK 26 SC 9 OK 18 AR -10 FL -2 AZ 8 NM 1 GA 6 AL -8 MS 3 LA 18 TX 21 AK 60 FL 2 Change in Gross State Product from Manufacturing, 2006-2011 Below National Average Equal to or Above National Average Source(s): U.S. Bureau of Labor Statistics

  24. According to the UN, U.S. Manufacturing Slipped to #2 (Updated March 2014) Source(s): United Nations and MAPI

  25. According to the World Bank, U.S. and China are Comparable (Updated March 2014) Source(s): World Bank, WDI and GDFdatabases and MAPI

  26. Manufacturing Has Improved Living Standards (Updated May 2013) Source(s): U.S. Bureau of Economic Analysis

  27. Manufacturing Drives Productivity Growth (Updated January 2013) Source(s): U.S. Bureau of Economic Analysis and MAPI

  28. Domestically Manufactured Goods Are Used Throughout the U.S. Economy (Updated January 2013) Final Demand Intermediate Industries Source(s): U.S. Bureau of Economic Analysis and MAPI

  29. Manufacturing Sector Profitability is Cyclical (Updated May 2013) Percent Source(s): U.S. Bureau of Economic Analysis

  30. Facts About Manufacturing Environmental Impact

  31. China’s Industrial Emissions Are Greater Than Other Top Countries Combined (Updated April 2014) Source(s): World Resources Institute

  32. Technological Innovation Addresses Global Climate Change (Updated April 2014) Source(s): United Nations and MAPI

  33. Technology Leads to a Cleaner and Greener Environment (Updated October 2013) Source(s): U.S. Energy Information Administration

  34. The Industrial Sector’s Energy Use Returning to 1975 Levels While Other Sectors Continue to Increase (Updated October 2013) Source(s): U.S. Energy Information Administration

  35. Manufacturing Leads on Renewable Energy Usage (Updated October 2013) Source(s): U.S. Energy Information Administration

  36. Industrial Fuel Use and Emissions Have Declined Below 1990 Levels (Updated April 2014) Source(s): U.S. Energy Information Administration

  37. Facts About Manufacturing Foreign Trade & Investment

  38. The U.S. Is the #3 Manufacturing Exporter (Updated May 2013) * “Extra” refers to exports to non-members. Total EU exports, including to other members, was $6,039 billion Source(s): WTO, International Trade Statistics

  39. The U.S. Is Losing Export Market Share(Updated October 2013) Source(s): World Bank and MAPI calculations

  40. Manufacturing Exports Alone Are Not Enough to Sustain U.S. Economic Growth (Updated April 2014) Source(s): World Bank and MAPI calculations

  41. U.S. Manufacturing Exports to 238 Countries Exports by Country/Region, 2012 Source(s): U.S. International Trade Commission and MAPI

  42. Manufacturing Still Dominates U.S. Exports, But Its Share Is Declining (Updated March 2014) 2000 Source(s): U.S. Census Bureau and MAPI calculations

  43. A Few Core Industries Dominate Foreign Trade in Manufacturing(Updated March 2014) $Billions, Imports $Billions, Exports Source(s): U.S. International Trade Commission and MAPI

  44. The Trade Gap Widens for Manufacturers (Updated April 2014) Import Share of Domestic Demand Export Share of Non-Duplicative Output Source(s): U.S. Bureau of Economic Analysis, Input-Output Tables and MAPI

  45. Trade Engagement Pays Through Higher Wages (Updated January 2013) Source(s): U.S. Bureau of Economic Analysis, estimated from the Annual Input-Output Tables

  46. U.S. Manufacturers Invest Primarily in High-Wage Countries (Updated October 2013) $Billions, Percent of the Growth in FDI Growth in U.S. Manufacturing Foreign Direct Investment Position, 2000 to 2012 Source(s): U.S. Bureau of Economic Analysis, U.S. Direct Investment Position Abroad on a Historical Cost Basis

  47. Foreign Investment in U.S. Manufacturing Grows (Updated October 2013) Source(s): U.S. Bureau of Economic Analysis, International Investment Position and MAPI

  48. The U.S. Is the #1 Destination for Foreign Direct Investment (Updated October 2013) * Includes Hong Kong Source(s): UNCTAD World Investment Report

  49. Foreign Companies Are Important to U.S. Manufacturing (Updated October 2013) Source(s): U.S. Bureau of Economic Analysis and Bureau of Labor Statistics and MAPI

  50. U.S. Affiliates of Foreign Companies Are Highly Innovative (Updated January 2013) Source(s): U.S. Bureau of Economic Analysis, Direct Investment and Multinational Companiesand MAPI

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