Sec. 2. Findings
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Congress finds the following: In 2012, manufacturers contributed $2.03 trillion to the economy, or 1/8 of United States Gross Domestic Product. For every $1.00 spent in manufacturing, another $1.32 is added to the economy, the highest multiplier effect of any economic sector. Manufacturing supports an estimated 17,400,000 jobs in the United States—about 1 in 6 private-sector jobs. More than 12,000,000 Americans (or 9 percent of the workforce) are employed directly in manufacturing.
In 2012, the average manufacturing worker in the United States earned $77,505 annually, including pay and benefits. The average worker in all industries earned $62,063. Taken alone, manufacturing in the United States would be the 8th largest economy in the world. Manufacturers in the United States perform two-thirds of all private-sector research and development in the United States, driving more innovation than any other sector.