Facts About Modern Manufacturing

 

The United States produces the most goods and services in the world.

U.S. manufacturing rebounded from the recession faster than the rest of the economy. The sector is highly profitable and continues to expand. And U.S. industrial wares remain globally competitive, as rising inbound foreign investment testifies.

The bottom line is that the size of the overall manufacturing pie keeps expanding. In the 14 years ending in 2013, industrial production increased more than 30%. In 2013 alone, manufacturers generated almost $2 trillion worth of value-added.

FactsKristin Graybill