Electronics Manufacturing Supports More Than 5.3 Million U.S. Jobs and Almost 4% of U.S. GDP
For every U.S. electronics manufacturing job, three other jobs are supported in the U.S. economy, contributing to a total of 5.3 million American jobs.
Electronics manufacturing contributes powerfully to the U.S. economy, according to a recent report from IPC, the global electronics manufacturing industry association. The report finds the electronics manufacturing sector directly supports more than 1.3 million U.S. jobs. For every U.S. electronics manufacturing job, three other jobs are supported in the U.S. economy, contributing to a total of 5.3 million American jobs. In addition, the industry indirectly and directly contributes $714 billion (3.7%) to U.S. GDP.
“Electronics are at the heart of thousands of products and hundreds of industries in the U.S.,” said John Mitchell, president and CEO of IPC. “More than most industries, we are vertically and horizontally integrated across many markets, and the health of our industry is key to the overall success of the U.S. economy.”