Bowman Tool & Machining is Proud to be an American Manufacturer
Over 12 million men and women in America work in the Manufacturing industry. Stand up and vote for pro-growth and pro-manufacturing candudates at today's midterm election. The strength of our nation's economy depends on your voice.
Facts About Manufacturing
Did You Know...
In 2013, manufacturers contributed $2.08 trillion to the economy, up from $2.03 trillion in 2012. This was 12.5 percent of GDP. 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 17.4 million jobs in the United States""about one in six private-sector jobs. More than 12 million Americans (or 9 percent of the workforce) are employed directly in manufacturing.
In 2013, the average manufacturing worker in the United States earned $77,506 annually, including pay and benefits. The average worker in all industries earned $62,546.
Manufacturers in the United States are the most productive in the world, far surpassing the worker productivity of any other major manufacturing economy, leading to higher wages and living standards.
Manufacturers in the United States perform two-thirds of all private-sector R&D in the nation, driving more innovation than any other sector.
Taken alone, manufacturing in the United States would be the 8th largest economy in the world.