Did you know that exports support higher-paying jobs for an increasingly educated and diverse workforce? Jobs supported by exports pay, on average, 18 percent more than other jobs. Employees in the “most trade-intensive industries” earn an average compensation of nearly $94,000, or more than 56 percent more than those in manufacturing companies that were less engaged in trade. (Source: MAPI Foundation, using data from the Bureau of Economic Analysis) – See more at: http://www.nam.org/Newsroom/Facts-About-Manufacturing/#sthash.GmetGCLP.dpuf
In the most recent data, manufacturers contributed $2.17 trillion to the U.S. economy in 2015. This figure has risen since the second quarter of 2009, when manufacturers contributed $1.70 trillion. Over that same time frame, value-added output from durable goods manufacturing grew from $0.87 trillion to $1.18 trillion, with nondurable goods output up from $0.85 trillion to $0.99 trillion. In 2015, manufacturing accounted for 12.1 percent of GDP in the economy. (Source: Bureau of Economic Analysis) –
Did you know that the local ports of Los Angeles and Long Beach are still the busiest ports in the Americas? Overall, they rank as the 9th busiest in the world – and the busiest non-Asian port. Want to see the rest of the list?
For more information, see https://nowthatslogistics.com/top-15-ports-in-the-americas/