Key Takeaways
- U.S. manufacturing employed 12.85 million workers in 2023.
- Global manufacturing employment reached 2.2 billion people in 2022.
- Manufacturing accounts for 8.5% of U.S. total employment.
- U.S. manufacturing revenue reached $2.3 trillion in 2022.
- Global manufacturing market size was $16 trillion in 2023.
- China's manufacturing output value: $5 trillion in 2022.
- Global manufacturing output grew 3.4% in 2023.
- U.S. manufacturing output index at 100.5 in 2023.
- China produced 28% of global manufacturing output.
- U.S. manufacturing exports were $1.5 trillion in 2023.
- China manufacturing exports: $3.6 trillion.
- Germany export share from manufacturing: 50% of total exports.
- 65% of U.S. manufacturers use AI in production.
- Global R&D spending in manufacturing: $1.2 trillion.
- U.S. manufacturing R&D: 8% of sales for top firms.
The manufacturing industry remains a massive global employer and economic powerhouse undergoing rapid technological change.
Employment Statistics
- U.S. manufacturing employed 12.85 million workers in 2023.
- Global manufacturing employment reached 2.2 billion people in 2022.
- Manufacturing accounts for 8.5% of U.S. total employment.
- China's manufacturing workforce is about 220 million in 2023.
- EU manufacturing employment was 32.5 million in 2022.
- Women make up 29% of the U.S. manufacturing workforce.
- Average manufacturing wage in U.S. is $27.31 per hour in 2023.
- India’s manufacturing sector employs 61 million people.
- Japan manufacturing employment declined to 10.2 million in 2022.
- Germany has 7.8 million manufacturing workers.
- U.S. manufacturing jobs grew by 300,000 since 2021.
- Mexico manufacturing employment is 4.5 million.
- South Korea manufacturing workers: 4.1 million in 2022.
- UK manufacturing employment: 2.6 million.
- Brazil manufacturing jobs: 10.5 million.
- Average age of U.S. manufacturing worker is 44.5 years.
- 75% of U.S. manufacturing executives report hiring challenges.
- Vietnam manufacturing employment surged to 12 million.
- Canada manufacturing workforce: 1.7 million.
- Australia manufacturing jobs: 850,000.
- Indonesia manufacturing employment: 15 million.
- 40% of U.S. manufacturing jobs require postsecondary education.
- Thailand manufacturing workers: 5.5 million.
- France manufacturing employment: 3.2 million.
- Italy manufacturing jobs: 3.9 million.
- Turkey manufacturing employment: 5.8 million.
- Russia manufacturing workforce: 10 million.
- Spain manufacturing jobs: 2.1 million.
- Poland manufacturing employment: 2.4 million.
- Netherlands manufacturing workers: 750,000.
Employment Statistics Interpretation
Exports and Trade
- U.S. manufacturing exports were $1.5 trillion in 2023.
- China manufacturing exports: $3.6 trillion.
- Germany export share from manufacturing: 50% of total exports.
- Mexico manufacturing exports: $475 billion.
- EU manufacturing exports: €2.7 trillion.
- South Korea exports manufacturing: $632 billion.
- Japan manufacturing exports: $700 billion.
- Vietnam exports manufacturing: $370 billion.
- Canada manufacturing exports: $200 billion.
- India manufacturing exports: $100 billion.
- U.S. trade deficit in goods: $1 trillion, mostly manufacturing.
- Machinery and equipment exports global: $1.5 trillion.
- Electrical machinery exports: $2.5 trillion.
- Vehicles exports: $800 billion.
- Pharmaceuticals exports: $500 billion.
- Chemicals exports: $900 billion.
- Plastics exports: $300 billion.
- Textiles exports: $800 billion.
- Steel exports: $200 billion.
- Aircraft exports U.S.: $100 billion.
- Semiconductors exports: $600 billion.
- Furniture exports: $150 billion.
- Food products exports: $1 trillion global.
- UK manufacturing exports: £90 billion.
- Brazil manufacturing exports: $80 billion.
- Turkey exports manufacturing: $200 billion.
- Thailand exports: $280 billion manufacturing.
- Indonesia manufacturing exports: $170 billion.
- Australia manufacturing exports: $50 billion.
Exports and Trade Interpretation
Production and Output
- Global manufacturing output grew 3.4% in 2023.
- U.S. manufacturing output index at 100.5 in 2023.
- China produced 28% of global manufacturing output.
- Capacity utilization in U.S. manufacturing: 78%.
- EU industrial production index: 102.1 in 2023.
- Global steel production: 1.88 billion tons in 2023.
- U.S. vehicle production: 10.6 million units in 2023.
- Semiconductor production value: $527 billion.
- Cement production global: 4.1 billion tons.
- Aircraft deliveries: 1,400 units in 2023.
- Smartphone production: 1.17 billion units.
- Wind turbine manufacturing: 900 GW capacity.
- Solar panel production: 1 TW capacity.
- Chemicals production U.S.: 1 trillion pounds.
- Aluminum production: 69 million tons global.
- Plastic production: 400 million tons.
- Pharmaceutical production value: $1.6 trillion.
- Textile production: 110 million tons.
- Furniture production value: $700 billion.
- Machinery output index U.S.: 95.2.
- Food manufacturing output U.S.: $1.2 trillion value added.
- Electronics output China: $1.2 trillion.
- Auto parts production: $1 trillion global.
- Shipbuilding output: 30 million GT.
- Rubber production: 15 million tons.
- Glass production: 1,000 million tons.
- U.S. manufacturing productivity up 0.9% in 2023.
- Japan industrial production: -1.2% yoy.
- India manufacturing PMI: 56.7 in Jan 2024.
Production and Output Interpretation
Revenue and Financials
- U.S. manufacturing revenue reached $2.3 trillion in 2022.
- Global manufacturing market size was $16 trillion in 2023.
- China's manufacturing output value: $5 trillion in 2022.
- EU manufacturing sales: €6.8 trillion in 2022.
- U.S. manufacturing value added: $2.3 trillion.
- Germany's manufacturing revenue: €2.5 trillion.
- Japan manufacturing sales: ¥140 trillion in 2022.
- India's manufacturing GDP contribution: $451 billion.
- South Korea manufacturing revenue: $500 billion.
- Mexico manufacturing exports contribute $300 billion to revenue.
- UK manufacturing turnover: £220 billion.
- Brazil manufacturing revenue: $700 billion.
- U.S. chemical manufacturing revenue: $900 billion.
- Global automotive manufacturing revenue: $2.8 trillion.
- Electronics manufacturing market: $2.1 trillion.
- Food and beverage manufacturing U.S. revenue: $900 billion.
- Machinery manufacturing revenue U.S.: $450 billion.
- Aerospace manufacturing revenue: $300 billion globally.
- Pharmaceuticals manufacturing revenue: $1.5 trillion.
- Textile manufacturing global revenue: $1 trillion.
- Steel industry revenue: $900 billion.
- Plastics manufacturing revenue U.S.: $400 billion.
- Furniture manufacturing revenue: $150 billion U.S.
- Paper manufacturing revenue: $200 billion global.
- U.S. manufacturing profit margin average 8.2%.
- Vietnam manufacturing revenue: $200 billion.
- Canada manufacturing GDP: $180 billion.
- Australia manufacturing revenue: $100 billion.
- Indonesia manufacturing revenue: $250 billion.
- Thailand manufacturing sales: $300 billion.
- France manufacturing value added: €250 billion.
- Italy manufacturing revenue: €1.1 trillion.
Revenue and Financials Interpretation
Sustainability and Innovation
- 65% of U.S. manufacturers use AI in production.
- Global R&D spending in manufacturing: $1.2 trillion.
- U.S. manufacturing R&D: 8% of sales for top firms.
- Renewable energy manufacturing grew 12% in 2023.
- 45% of manufacturers adopted Industry 4.0 tech.
- Carbon emissions from manufacturing: 30% of global.
- Robotics density in manufacturing: 141 per 10k workers.
- 3D printing market in manufacturing: $20 billion.
- Energy efficiency improved 2% annually in EU manufacturing.
- Water usage in manufacturing: 20% of industrial total.
- Circular economy adoption: 25% of manufacturers.
- IoT devices in factories: 75 billion by 2025 projection.
- Waste recycling rate in manufacturing: 70% U.S.
- Hydrogen production for industry: 95 million tons.
- Digital twins used by 85% of large manufacturers.
- GHG reduction target met by 60% of manufacturers.
- Automation reduced energy use by 15%.
- Blockchain in supply chain: 30% adoption.
- U.S. manufacturers investing $200 billion in clean tech.
- Global patents in green manufacturing: 50,000 annually.
- Predictive maintenance cuts downtime 50%.
- Sustainable sourcing: 55% of supply chains.
- EV battery manufacturing capacity: 3.5 TWh.
- Zero-waste factories: 10% of large plants.
- AR/VR training used by 40% manufacturers.
- Cloud computing in manufacturing: 60% adoption.
- Biodiversity impact reduced by 20% in key sectors.
- Quantum computing pilots in manufacturing: 5%.
- Net-zero pledges by manufacturers: 40%.
- Biomanufacturing growth: 15% CAGR.
Sustainability and Innovation Interpretation
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