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Manufacturing Economy

From research labs to dealership lots, the auto sector supports nearly 8 million U.S. jobs. Exports. The auto industry is America’s largest exporter. Over the past six years, automakers and suppliers have exported nearly $600 billion worth of vehicles and parts. They beat the next best performing sector (aerospace) by $74 billion. Last year alone, automakers and suppliers out-exported the aerospace industry by $20 billion. Raw Materials and Parts. The U.S. auto industry is one of the largest consumers of domestic raw materials and parts. Last year, automakers sold nearly 13 million cars in the U.S., and each contained between 8,000 to 12,000 parts, using more than 3,000 pounds of iron, steel, rubber, glass and semiconductors. Approximately 686,000 Americans work at the plants, offices and research labs that produce those parts and materials. American Research & Development. Designing those 8,000 to 12,000 auto parts and helping put them together makes autos among the most engineering-intensive industries in the world. In fact, eight out of the world’s top 25 corporate investors in research and development are automakers. GM and Ford each invest more each year on research and development than Boeing, Amgen and Google – and 80 cents of every dollar they invest in research and development is spent here in the U.S. Thanks largely to this investment, nearly one in 10 engineers and scientists in private sector R&D work for an automaker or supplier.

From research labs to dealership lots, the auto sector supports over 7 million U.S. jobs.

Exports:

The auto industry is America’s largest exporter. Over the past six years, automakers and suppliers have exported over $712 billion worth of vehicles and parts. They beat the next best performing sector (aerospace) by $108 billion. Last year alone, automakers and suppliers out-exported the aerospace industry by $17 billion.

Raw Materials and Parts:

The U.S. auto industry is one of the largest consumers of domestic raw materials and parts. Last year, automakers sold nearly 13 million cars in the U.S., and each contained between 8,000 to 12,000 parts, using more than 3,000 pounds of iron, steel, rubber, glass and semiconductors. Approximately 686,000 Americans work at the plants, offices and research labs that produce those parts and materials.

American Research & Development:

Designing those 8,000 to 12,000 auto parts and helping put them together makes autos among the most engineering-intensive industries in the world. In fact, eight out of the world’s top 25 corporate investors in research and development are automakers. FCA US, Ford and General Motors each invest more each year on research and development than Boeing, Apple and Hewlett-Packard– and 80 cents of every dollar they invest in research and development is spent here in the U.S. Thanks largely to this investment, nearly one in 10 engineers and scientists in private sector R&D work for an automaker or supplier.

Market Share vs. Jobs Share vs. Parts Share


Aug 15 2014
Ford Media Center

The all-new Ford Transit will help the King family complete farm chores on season four of the Great American Country Network’s lifestyle series “Farm Kings,” which premieres Friday, Aug. 15 at 10 p.m. EDT.

The Kings will put Transit to work as a rolling workshop stocked with tools and supplies to maintain the farm’s daily operations. A custom shelving unit has been installed in the van to organize and secure gear. They’ll also use Transit to haul produce, signage, tables and chairs to their stand at the local farmer’s market.

Filed Under: Manufacturing Economy
Aug 14 2014
Written by Matt Blunt | Posted on Cleveland Crain's Business

American businesses could be hiring more workers today if we ended unfair trade practices used by some of our trading partners. No matter how competitive companies are in Ohio, they struggle to keep up with foreign competitors that are given an unearned advantage because of currency manipulation.

Aug 14 2014
Written by Marcia Pledger | Posted on Cleveland Plain Dealer

 Leading manufacturing association presidents came to Cleveland on Wednesday to remind Ohioans that currency manipulation and unfair trade practices continue to hurt American workers, businesses and farmers.

Aug 14 2014
WTAM 1100 Cleveland

Leading manufacturing association presidents participated in a press conference at the City Club of Cleveland.

They called for U.S. government representatives to strongly address unfair currency policies in ongoing international trade talks with Asian nations.

Former Missouri governor Matt Blunt is president of the American Automotive Policy Council and is among those calling for congressional action to help level the playing field and create jobs here at home.