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Office of the Press Secretary

For Immediate Release February 5, 2000
               Why Manufacturing Matters to the U.S. Economy
                             February 5, 2000

Manufacturing workers represent 17 percent of total private employment - over 18 million workers, accounts for 17 percent of the nation's GDP, and represents almost 70 percent of U.S. export value. Manufacturing sales have a higher average multiplier effect on the economy relative to other sectors. Every $1 million in sales supports ten jobs in manufacturing and six jobs in other sectors such as services and construction.

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