Key Facts

$2.91 Trillion
Value added to the economy comprising 10.0% of U.S. GDP in Q2 2024.
13 Million
People employed by more than 244K manufacturers in the U.S.
506K
Manufacturing job openings as of August 2024
$102,629
Average annual earnings for manufacturing employees
74%
% of manufacturing firms with fewer than 20 employees
3.8 Million
New manufacturing positions expected by 2034
93%
% of mfg employees eligible for health insurance benefits in 2023
53%
Manufacturing’s share of all private-sector R&D in the U.S.
$29,100
Per employee cost of federal regulations for manufacturers
$1.6 Trillion
Value of U.S. manufactured goods exported in 2023

Data updated weekly from Bureau of Economic Analysis and the Census Bureau. Health insurance data from 2023 Health Benefits Survey by Kaiser Family Foundation.

Federal and State Data

High Mfg % of Workforce

Low Mfg % of Workforce

Manufacturers’ Outlook Survey

Questions


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