Manufacturing is a key economic sector in the United States. The United States is the third largest producer in the world (after the People's Republic of China and the European Union) with a record-high real output in the first quarter of 2018 of US$2.00 trillion. (ie after adjusting for 2009 dollar inflation). above its pre-Great Recession peak of $1.95 trillion in 2007. The US manufacturing industry employed 12.35 million people in December 2016 and 12.56 million people in December 2017, an increase of 207,000 people, or 1.7%. While the manufacturing industry still makes up a large portion of the US economy, in the first quarter of 2018 its contribution to GDP was less than that of the finance, insurance, real estate, rental industries. and rentals, public or professional fields and business services. In 1920, distribution calculations were submitted to Congress, but Congress did not redistribute that decade.
Today, U.S. manufacturing contributes more than $2.3 trillion annually to the economy, provides more than 12 million high-paying jobs, conducts most of the region's research and development. national private sector, as well as a major source of innovation.
INTERNETUNION was established to build on this strong foundation and ensure that the United States continues to lead the world in manufacturing. Manufacturing USA does this by promoting the collaborative development of advanced manufacturing technologies through various Manufacturing Innovation Institutes and funding from federal, commercial, defense and energy agencies. their.
What is Manufacturing in America?
American manufacturing is the process of converting raw materials into finished products that can be sold domestically or internationally. Manufacturing is one of the most important sectors of the American economy, contributing to innovation, productivity, jobs, and exports.
According to the Bureau of Economic Analysis, the manufacturing industry accounts for 11.3% of the United States' gross domestic product (GDP) and 8.5% of all employment in 2020. Manufacturing in the US is also diverse and dynamic. From traditional industries such as textiles, steel and automobiles to emerging fields such as biotechnology, nanotechnology and renewable energy. Manufacturing in the US faces many challenges and opportunities in the 21st century, such as global competition, environmental regulations, technological change, and workforce development. To stay competitive and sustainable, American manufacturers must invest in research and development, deploying innovative technologies, improving quality and efficiency, and training skilled workers.
Institutes, each involved in a particular advanced manufacturing technology, bring together private companies, academic institutions and other stakeholders to conduct joint research and development, application testing , train employees, and reduce risks associated with introducing new technology.
This large-scale approach to manufacturing innovation paves the way for the adoption of advanced manufacturing technologies and processes in the US industrial base, creating new industries and manufacturing jobs. interesting, well paid.
Although industrial production quickly recovered from the Great Recession and hit a record high in 2018, employment in industry has been declining since the 1990s. 2016. In 1920, distribution calculations were submitted to Congress, but Congress did not redistribute that decade.
Breaking Down Barriers to Technology Drives Domestic Sourcing
Linking strategic supply chains with domestic production is critical to economic security. The USA Manufacturing Network helps manufacturers develop sustainable solutions so they can add value to their customers through trusted in-house sources.
The American Network of Manufacturing Institutes works with academia and the private sector to provide domestic manufacturers with pathways to greater innovation, efficiency, productivity, and competitiveness. They anchor strategic supply chains in domestic production, connect companies, develop new products and optimize cost-effective production, while bridging gaps and supporting key sectors. important books such as infrastructure and clean energy.
By sharing ideas, breaking down barriers, and simplifying complex problems, the network ensures that:
- Research and development remains available to US manufacturers.
- Often, the overwhelming cost of implementing technology solutions is reduced by giving all manufacturers access to real-time operational improvements.
- Small and medium-sized manufacturers remain the backbone of a strong economy and national security.
- Restoring supply chains and shifting focus to domestic production will create new jobs and provide opportunities to retrain underutilized workers.
Disruptions in the global supply chain have led many companies to look for domestic suppliers. Procurement questions show benefits beyond cost per unit, such as:
- Total cost: consider actual costs - parts and consumables, freight, freight and time - instead of just looking at cost per purchase.
- Reliability: Foreign suppliers are meant to live with tariffs, global politics and economics, and natural disasters in remote places.
- Trust. Relationships become vital during disruptions and play a key role in understanding whether a supplier can grow and innovate with you. Partnering with a local supplier also reduces the risk of intellectual property theft.
The chain also participates in projects to improve the efficiency of domestic production processes, make products competitively priced, and find ways to reuse some end-of-life products to reduce dependence on foreign raw materials.
The Made in America Network pursues its mission to improve the competitiveness and sustainability of its manufacturing operations in the United States through an innovative approach and secure supply chains from domestic sources.
Business Formation Statistics by State
The Business Formation Statistics (BFS) is a standard data product of the United States Census Bureau developed at the Center for Economic Research in research collaboration with Federal Reserve economists. Federal Reserve Bank of Atlanta, University of Maryland and University of Notre Dame. BFS provides regular and up-to-date information on new applications and businesses in the United States.
The Business Formation Statistics (BFS) is a standard data product of the United States Census Bureau developed at the Center for Economic Research in research collaboration with Federal Reserve economists. Federal Reserve Bank of Atlanta, University of Maryland and University of Notre Dame. BFS provides regular and up-to-date information on new applications and businesses in the United States.
Workforce Development Initiatives Will Redefine Manufacturing Jobs
Advanced manufacturing increases productivity, boosts economic power, stimulates innovation, and opens up career opportunities. However, the National Association of Manufacturers estimates that manufacturers will need to fill 4.6 million jobs by 2028, revealing a mismatch between today's workers' skills (and production knowledge today) and the needs of advanced manufacturing.
- Identify new jobs for automation, robotics, artificial intelligence and data analytics
- Re-training and advanced training of existing staff
- Attract future STEM talent
Each of the institutes in the USA Manufacturing network have ongoing employee development initiatives. They work with academia and industry to increase interest in manufacturing careers and equip manufacturing workers with the skills needed for future advanced manufacturing.
- Competency-based learning, as opposed to time-based learning, allows for more personalized curricula and skills-based learning, and tends to lead to more engagement.
- Flexibility in increasing the number of participants is an important consideration for underrepresented populations, who may have difficulty attending traditional face-to-face courses due to lack of transportation back and lack of time.
Tens of thousands of staff, students, and teachers have participated in the institute's employee programs over the past year, including job training, internships, internships and summer camps. Workforce development plays an important role in keeping the United States technologically competitive and improving the products and processes that drive the U.S. economy.
Advanced Manufacturing Plays Role in Building a Sustainable Future
Producing clean energy and using it most efficiently is the key to reducing pollutant emissions, slowing climate change and reducing dependence on foreign energy. Energy efficiency is of particular importance in energy-intensive industries such as manufacturing.
New clean energy technologies will:
- Reduce energy costs in production
- Create jobs for current and future generations of workers
- Increasing global competitiveness in emerging clean energy industries
- create the basis for innovative environmentally friendly products
- build resilience
The Manufacturing USA network is approaching clean energy in numerous ways, including:
Commercialization of medium voltage energy, a technological innovation that nearly doubles the energy conversion efficiency with almost half the weight.
Micro-factories use additive manufacturing on a local, more circular scale than the current waste-generating cycle.
The use of "remanufactured" for its many benefits, such as maximizing material costs in end-of-life products, reducing energy bills for pre-manufactured parts without simply be remanufactured to specification and reduce the use of expensive base materials.
Organizations are committed to providing access to clean, affordable, and reliable energy that is critical to the U.S. economy, job creation, sustainable development, and quality of life. High.
The US manufacturing sector clearly needs a revival. In the United States, the share of global exports of manufactured and manufactured goods both declined. As a result, there are concerns that the United States will not be able to compete effectively on the world stage if these issues are not resolved quickly.
You will find more infographics at Statista
Statista's Made-In-Country-Index (MICI) 2017 has shed light on the reputation of products produced in 49 countries (plus the EU) worldwide. In the overall ranking, the U.S. placed in a 'could do better' joint 8th with France and Japan. The infographic below takes a look at the countries in which 'Made in USA' is determined to have the best reputation of all of the surveyed labels. In total there are eight countries full of respect for U.S. made goods, including Brazil, Argentina, India, and of course the United States itself. For perspective, the top rated label is 'Made in Germany' which finds itself the most popular in thirteen countries.
The good news is that there are many ways to revive American manufacturing.
Here are some ideas for organizations in the field:
First, provide capital to American manufacturers. Investing in American manufacturing will not only help revive the sector, but it will also create jobs for Americans. To do this, it is important that businesses, especially small and medium-sized enterprises, are able to mobilize the financial resources when they need it. In addition, it can be helpful to create incentives to invest in manufacturing in the US.
Second, admit small and medium producers. Big companies have gotten a lot of attention in recent years, but keep in mind that they only account for about 30% of manufacturing jobs in the United States, according to the U.S. Census Bureau. Meanwhile, small and medium-sized employers, which employ more than 80 million people worldwide, account for about 60 percent of U.S. manufacturing jobs. companies because they play a huge role in the US economy, including in job creation.
Third, remember that public procurement can be used as a support measure. This is because government purchasing power gives politicians the opportunity to support growing American manufacturers, create jobs for Americans, and generate income for the economy. Moreover, it is not only beneficial in terms of job creation; it is also important as a means of attracting investment in research and development (R&D), which can help create new technologies and services that can yield substantial returns to US manufacturers.
Fourth, invest in research and development. Encouraging investment in R&D will help create the technology US manufacturers need to improve their products and processes, making them more competitive with foreign companies benefiting from lower costs through currency manipulation and other factors. Incentivizing investment in R&D can be helpful, but must be coupled with policies that support the commercialization of new ideas, the transition from innovation (research) to product, or feasible service. (develop).
Fifth, strengthen the supply chain. If parts and materials are not available to manufacturers, their companies will struggle, which can lead to job losses, slower growth and even operational closures. In order for U.S. factories to have access to essential commodities like copper and steel (or more specialty raw materials), it is important to invest in the supply chain. This can be achieved by supporting existing suppliers, investing in new technologies that help build stronger supply chains, and ensuring that key minerals such as rare earths are readily available in the country.
In short, the recovery of US industry will require a multifaceted approach, including providing investment capital to US manufacturers; acknowledge that small and medium-sized producers account for the majority of production and should be the center of attention; use government procurement to support US manufacturers; and investment in supply chain, R&D and commercialization of new ideas.
Women In Manufacturing
In an effort to encourage creativity, manufacturers have found that gender diversity improves work ethics and employee retention. As a result, the number of women has also increased not only in manufacturing but also in science, technology, engineering and math (STEM) fields – skills that employers in the field of production is increasingly needed.
Production labor is no longer as hard and dangerous as before. Many of them are now high-tech, from design and marketing to administration, finance and sales, and cybersecurity.
Once upon a time, manufacturing was one of those industries that made good money even without college, and many Americans lived the middle-class lifestyle. According to a 2017 report from Georgetown University, most entry-level manufacturing jobs pay more: $35,000 a year versus $26,000 for some.
As automated production functions begin to change, those with a high school diploma or less are particularly affected. As manufacturing and assembly jobs give way to jobs outside the factory, the more educated are best equipped to succeed in the new world of manufacturing.
The industry has it engages more women and reduces the gender gap, encourages girls to learn STEM subjects at an early age, and changes perceptions of women in the workplace. For example, some colleges offer credit to middle and high school students for a degree in manufacturing.
The chart below shows the educational attainment of women in the manufacturing industry from 2000 to 2021. The decline reflects the impact of the Great Recession and the pandemic.
Business Formation Statistics (BFS)
The Business Formation Statistics (BFS) is a standard data product of the United States Census Bureau developed at the Center for Economic Research in research collaboration with economists affiliated with the Bureau of Statistics. Federal Reserve, Federal Reserve Bank of Atlanta, University of Maryland and University of Notre Dame. BFS provides regular and up-to-date information on new applications and businesses in the United States.
Business Applications (BA): The core business applications series that corresponds to a subset of all EIN applications. BA includes all applications for an EIN, except for applications for tax liens, estates, trusts, or certain financial filings, applications with no state-county geocodes, applications from certain agricultural, public entities, and applications in certain industries (e.g. private households, civic and social organizations).