By John H. Thompson
Did you know that October 3 is Manufacturing Day? Today’s observance recognizes the major role that manufacturing plays in our economy – and the world’s economy. U.S. manufacturers produce nearly $6 trillion in shipments a year and employ Americans across the nation. A major source of statistics on manufacturing is the Industry Reports, based on the 2012 Economic Census. These reports on 364 manufacturing industries show statistics on employment, payroll, receipts, value of shipments, expenses, assets, and a host of other topics.
So, what does the 2012 Economic Census tell us about manufacturing?
- The total value of shipments for the automobile manufacturing industry was $108.8 billion in 2012, up 28.4 percent from $84.7 billion in 2007.
- The nation employed 49,208 people in 456 soft drink manufacturing establishments. Over $22.1 billion in shipments of carbonated drinks and $13.9 billion of noncarbonated drinks were manufactured in the U.S.
- Electric household ranges, ovens and surface cooking units comprised 57.2 percent ($2.5 billion) of the total value of household cooking appliance shipments in 2012; 26.3 percent of units ($1.1 billion) were fueled by gas.
- Guided missiles and space vehicle manufacturers had 46,012 employees and shipments of $19.3 billion.
- The total value of shipments of semiconductors and related device manufacturing was $70.7 billion. Of this total, microprocessors made up 58.6 percent ($41.4 billion).
Detailed statistics from the Economic Census will provide every state and community with an economic profile to assist planners, businesses and entrepreneurs create new jobs across the nation. The U.S. Census Bureau collects statistics year-round on the manufacturing sector of our economy; these statistics help manufacturers learn about their industries and communities and help them grow their businesses.
You can check out the Census Bureau’s monthly manufacturing indicator – and a host of other measures of economic activity – by downloading our America’s Economymobile app to your Apple or Android device. You can also visit our Economy topic page to learn more about the 2012 Economic Census and many other economic statistics – and be sure to check out our infographic on U.S. manufacturing.