Every $1.00 spent in manufacturing adds another $2.74 to the economy, the highest multiplier effect of any economic sector. In addition, for every worker in manufacturing, another five employees are hired elsewhere. (Source: NAM calculations using 2018 IMPLAN data.) Recent research suggests that manufacturing’s impacts on the economy are even greater when we consider the entire manufacturing value chain plus manufacturing for the supply chains of other industries. That approach estimates that manufacturing could account for one-third of GDP and employment. The same research also estimates the total multiplier effect for manufacturing at $3.60 for every $1.00 of value-added output, with one manufacturing employee generating another 3.4 workers elsewhere. (Source: MAPI)
