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The U.S. manufacturing industry employed 12.35 million people in December 2016 and 12.56 million in December 2017, an increase of 207,000 or 1.7%. [3] Historically, manufacturing has provided relatively well-paid blue-collar jobs, although this has been affected by globalization and automation.
The Census Bureau releases sector-by-sector statistics on the number of establishments, total business activity, annual payroll, and number of paid employees. A standardized classification of the economy into sectors makes it possible to compare census results over time.
Employment in manufacturing was its lowest since July 1950. [331] The number of steel workers fell from 500,000 in 1980 to 224,000 in 2000. [332] Statistics released by the U.S. Census Bureau showed that, in 2008, the number of business 'deaths' began overtaking the number of business 'births' and that the trend continued at least through 2012 ...
The US manufacturing renaissance is coming up against the practical challenge of finding enough workers to make it happen. America's manufacturing boom is facing a labor crunch [Video] Skip to ...
Manufacturing in the U.S. appears to be experiencing a slowdown. The Institute for Supply Management reported a manufacturing purchasing managers index reading of 49.1% for January, marking the ...
The ISM Report On Business (ROB), also known as the ISM Report, is the collective name for two monthly reports, the Manufacturing ISM Report On Business and the Services ISM Report On Business(formerly Non-Manufacturing), published by Institute for Supply Management. The ROB is based on a national survey of purchasing managers tracking changes ...
In 2023, the manufacturing industry in the United States accounted for 10.70% of the total national output, employing 8.41% of the workforce. The total value of manufacturing output reached $2.5 trillion. [66] [67] In 2023, Germany's manufacturing output reached $844.93 billion, marking a 12.25% increase from 2022. The sector employed ...
The National Association of Manufacturers (NAM) is an advocacy group headquartered in Washington, D.C., with additional offices across the United States. It is the nation's largest manufacturing industrial trade association, representing 14,000 small and large manufacturing companies in every industrial sector and in all 50 states. [1]