March 13, 2017 by

AEM report highlights manufacturing’s impact on U.S. economy

A report released in March found that the equipment manufacturing industry supported about 1.3 million jobs and contributed more than $159 billion to the Gross Domestic Product (GDP) of the United States in 2016.excavator

The Association of Equipment Manufacturers (AEM) unveiled the report as over 130,000 attendees gathered at CONEXPO-CON/AGG 2017, the construction industry’s premier trade show. The report was prepared by the leading research firm IHS Markit, and details the size and reach of the three major sectors (Construction, Agriculture, and Energy) that make up the core of the equipment manufacturing industry.

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