Between 2001 and today, manufacturing made the highest contribution -- 15% -- of all sectors of the U.S. economy to inflation-adjusted GDP growth. Such data dominate the seventh edition of The Facts About Modern Manufacturing, published by the Washington, D.C.-based National Association of Manufacturers (NAM). Another statistically significant fact: Manufacturing is responsible for more than 70% of private sector R&D. And another: Manufactured goods account for more than 60% of U.S. exports.
"The Facts book sets the record straight about manufacturing's central role in the U.S. economy," states John Engler, NAM's president.
Containing U.S. government statistics, NAM economic analysis and success stories about manufacturing in America, the book is available at www.nam.org/facts.
