NIST Releases New Annual Report on U.S. Manufacturing Statistics
Nov 8, 2021
“[Manufacturing] employment is still below pre-pandemic levels,” according to the report. “However, there are a substantial number of job openings in manufacturing. If these openings were filled, it would raise employment above pre-pandemic levels and would equate to a 7% increase in manufacturing employment.”
- China remains the largest manufacturing nation with 29.4% of global manufacturing value added, while the U.S. is second with 16.6%.
- Chemical manufacturing is the largest manufacturing subsector in the U.S., followed by computer and electronics products.
- The domestic supply chain is also highlighted as an area for the U.S. to increase its competitiveness.