15 Facts About Manufacturing In The U.S.
Dec 30, 2019
The landscape of American manufacturing has experienced its fair share of ups and downs over the past several hundred years, from the development of the first interchangeable parts in 1801 to the first moving assembly line in 1913, and from the discovery of lean manufacturing principles in the 1930s to the offshoring trend that began in the 1970s.
Manufacturing has played a tremendous role in shaping the U.S. economy and employment opportunities for American workers. Fortunately, the current state of U.S. manufacturing appears more promising than ever, and we’ve got the numbers to prove it.
For instance, U.S. manufacturing has become a huge provider of jobs within the small business network, meaning small local economies get a boost as well as the greater national economy. Manufacturing in the U.S. also has the highest multiplier effect of any sector. In other words, manufacturing is absolutely where America needs to be investing its dollars and its workers, since we get a higher ROI by investing in manufacturing than we do in any other American sector.
Check out the infographic below to learn more about these and other inspiring U.S. manufacturing statistics.
Thousands of industrial and B2B buyers use Thomasnet.com to source for their business needs — when it comes to manufacturing in the U.S., American companies (like these!) know there’s no comparison. Here are a few other bonus facts about manufacturing in the U.S. and sourcing:
- CNC machining is a category that has been ranking at the top of the list for searches across the Thomasnet.com platform.
- Searches for lithium-ion batteries grew 103% year over year (Click here to download the latest quarter’s sourcing trends)
- With renewable energy on the rise, sourcing for wind turbines grew 122% over 2018
For more sourcing data and information to grow your U.S. manufacturing business, check out our Resources page for the latest B2B insights and marketing and sales best practices.
Infographic courtesy of MP Star Financial.
Original Article: https://blog.thomasnet.com/facts-about-manufacturing-in-the-us
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