Domestic Aluminum Industry Shows Continued Strength
The U.S. aluminum industry now supports nearly 713,000 jobs and $186 billion in economic output, more than one percent of GDP.
Posted: April 25, 2016
The U.S. aluminum industry is a key element of the nation’s manufacturing base. Strong, lightweight and recyclable, aluminum is a material uniquely suited to meet the needs and challenges of the 21st century. From increasing vehicle fuel efficiency to green building products to sustainable packaging, aluminum is well positioned in the U.S. and global markets.
A recent study by economic research firm John Dunham & Associates, Inc. (Brooklyn, NY) highlights the importance of the aluminum industry to the U.S. economy. To examine this study in detail, please click here.
Today, the U.S. aluminum industry:
- Directly employs 161,000 workers and indirectly employs an additional 551,000 workers.
- Directly generates $75 billion in economic output and indirectly generates an additional $111 billion in economic output.
- In total, the U.S. aluminum industry supports nearly 713,000 jobs and $186 billion in economic output, more than one percent of Gross Domestic Product.
- Aluminum industry jobs are high quality, advanced manufacturing jobs. Workers in the industry earn an average salary far exceeding the national average.
- While certain segments of the industry have seen major job losses in recent years due to the the overproduction of aluminum in China, these losses have been offset by gains in downstream sectors like flat-roll products, extruded products and foundries. For more insights into this, please click here.
To see detailed information on the economic contributions generated by the aluminum industry in your state or congressional district, please click here, scroll down to the map at the bottom, then the drop-down boxes that appear.
For more information on the impact of the aluminum industry on U.S. manufacturing, please click here.
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