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Annual Report on the U S. Manufacturing Economy: 2024
Our goal is to ensure the competitiveness of U.S. manufacturing in the global economy. In the third quarter of 2024, manufacturers added $2.93 trillion to the economy, up from $2.91 trillion in the previous quarter. If it were its own country, the U.S. manufacturing sector would be the seventh-largest economy in the world. Google’s Global Offices sum a total of 86 locations worldwide,315 with 32 offices in North America, three of them in Canada and 29 in United States Territory, California being the state with the most Google’s offices with 9 in total including the Googleplex. In the Latin America Region Google counts with 6 offices, in Europe 24 (3 of them in UK).
- Manufacturing USA was created to secure U.S. global leadership in advanced manufacturing through large-scale public-private collaboration on technology, supply chain, and advanced manufacturing workforce development.
- For every dollar spent on manufacturing, it creates $2.69 in total economic activity.
- Download the full infographic that showcases the impact of Manufacturing in America.
- The infographic highlights the manufacturing industry’s contributions to the economy, jobs, innovation, and high wages.
- The Asia Pacific region counts with 26 offices principally five in India and three in Australia, three in China, and the Africa Middle East region counts five offices.
- The National Center for Science and Engineering Statistics notes that manufacturing companies performed $326 billion – or 54% – of all domestic research and development in 2021.
European Union
The U.S. manufacturing industry is evolving at a rapid pace, driven by new technologies, smarter supply chains, and an increasingly dynamic workforce. In 2025 small manufacturers will face a mix of opportunities and challenges as they navigate these changes. To stay competitive, small and medium-sized manufacturers (SMMs) will need to integrate cutting-edge technologies that were once only a realty for larger enterprises and train their workforce on how to use these technologies. Here’s a breakdown of our key predictions for 2025 and what manufacturers can expect. Google Analytics allows website owners to track where and how people use their website, for example by examining click rates for all the links on a page.161 Google advertisements can be placed on third-party websites in a two-part program.
The Asia Pacific region counts with 26 offices principally five in India and three in Australia, three in China, and the Africa Middle East region counts five offices. In December 2022, Google debuted OSV-Scanner,132133 a Go tool for finding security holes in open source software, which pulls from the largest open source vulnerability database of its kind to defend against supply chain attacks. NIST will host an informational webinar and an in-person proposer’s day event focused on this funding opportunity.
Reshoring and Stronger Domestic Supply Chains
- NIST will host an informational webinar and an in-person proposer’s day event focused on this funding opportunity.
- Digital twins are virtual models that mimic the structure, context, and behavior of a physical counterpart.
- Department of Commerce announced that CHIPS for America awarded the Semiconductor Research Corporation Manufacturing Consortium Corporation (SRC) $285 million to establish and operate a CHIPS Manufacturing USA institute headquartered in Durham, North Carolina.
The mother of four, married to musician Travis Barker, made it clear that Rocky’s safety is now her top priority. Any manufacturer can take advantage of the services provided by MEP Centers, located across the U.S. and in Puerto Rico. From leadership training and value stream mapping to strength finders and cybersecurity, you name it, and they will have something for it. In January 2025, more than 13 million people worked for more than 244,000 manufacturers in the U.S., according to the National Association of Manufacturers (NAM).
Awards will be made to support the purposes of the American Rescue Plan for ‘research, development, and testbeds to prevent, prepare for, and respond to coronavirus. The Fast-Track competition requires both Phase I and Phase II applications to be submitted together. On July 22, 2024, NIST issued a Notice of Funding Opportunity (NOFO) seeking proposals from eligible applicants for activities to establish and operate a Manufacturing USA institute focused on the use of Artificial Intelligence to improve the resilience of U.S. manufacturing. The CHIPS for America Program anticipates up to approximately $285 million for a first-of-its kind institute focused on the development, validation, and use of digital twins for semiconductor manufacturing, advanced packaging, assembly, and test processes. In the 21st century, American innovation continues to improve manufacturing, making it faster, stronger, and smarter.
Manufacturing Innovation, the blog of the Manufacturing Extension Partnership (MEP), is a resource for manufacturers, industry experts and the public on key U.S. manufacturing topics. There are articles for those looking to dive into new strategies emerging in manufacturing as well as useful information on tools and opportunities for manufacturers. From the cars we drive to the electronics we use daily, almost everything we rely on is made in factories across the country.
A Google spokesperson declined to comment on the price.9495 The purchase of DeepMind aids in Google’s recent growth in the AI and robotics community.96 In 2015, DeepMind’s AlphaGo became the first computer program to defeat a top human pro at the game of Go. A leading MAGA education official has announced plans to establish chapters of Turning Point USA, the conservative organization founded by slain MAGA influencer Charlie Kirk, in every high school across his state. Fashion designer Martha Nolan-O’Slatarra, 33, was found dead on a docked boat named Ripple at the upscale Montauk Yacht Club in the Hamptons. The tragic discovery was made around midnight after Good Samaritans tried performing CPR, but it was too late. One witness told The Daily Mail that he ran out of the boat naked, screaming, “That’s my girlfriend! Police have confirmed that the initial autopsy revealed no signs of violence, and the cause of death remains undetermined pending further examination.
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Department of Commerce announced that CHIPS for America awarded the Semiconductor Research Corporation Manufacturing Consortium Corporation (SRC) $285 million to establish and operate a CHIPS Manufacturing USA institute headquartered in Durham, North Carolina. This follows the previously announced intent to enter negotiations on November 19, 2024. What’s not surprising is that smaller manufacturers often don’t have the financial resources to access private-sector services like consulting, advanced technology, or specialized workforce training. MEP Centers help fill this gap by providing affordable, local support to help manufacturers build a skilled workforce, leading to long-term job stability and economic security for American workers. On May 6, 2024, the Biden-Harris Administration issued a Notice of Funding Opportunity (NOFO) seeking proposals from eligible applicants for activities to establish and operate a CHIPS Manufacturing USA institute focused on digital twins for the semiconductor industry. Digital twins are virtual models that mimic the structure, context, and behavior of a physical counterpart.
Why choose the MEP National Network?
The good news is that these technologies, once out of reach for smaller companies, are now becoming more accessible. SMMs will need to invest in workforce training to ensure employees can work alongside advanced technologies like AI and robotics, ultimately empowering employees to perform higher-level tasks. Download the full infographic that showcases the impact of Manufacturing in America. The infographic highlights the manufacturing industry’s contributions to the economy, jobs, innovation, and high wages.
Annual Report on the U.S. Manufacturing Economy: 2024
This competition is open to accredited institutions of higher education; U.S.-based nonprofit and for-profit organizations with majority domestic ownership or control; and state, local, U.S. territorial and Indian tribal governments. The largest manufacturing subsector in the U.S. is chemical manufacturing followed by and food, beverage, and tobacco products with computer and electronic products being 3rd. There is no agreed upon measure for examining the environment for research, innovation, and other factors for doing business, but there are a number of common measures, which are discussed below. Whether you’re a manufacturer, an interagency partner, a state, local, territorial or tribal government, an accredited research institution or an entrepreneur looking to turn your manufacturing vision into reality, the MEP is here to help. The Manufacturing Extension Partnership (MEP) National Network is a public-private partnership that delivers comprehensive, proven solutions by helping small and medium-sized manufacturers grow, make operational improvements, and reduce risk.
American-made equipment and materials for public infrastructure and health care guarantee our quality of life. Making products here in the U.S. that are critical to defense helps to ensure our safety. The MEP is committed to supporting manufacturers and building productive partnerships in all fifty states and Puerto Rico.
Department of Defense, manufacturing is the main driver of innovation in the U.S., responsible for 55% of all patents. The National Center for Science and Engineering Statistics notes that manufacturing companies performed $326 billion – or 54% – of all domestic research and development in 2021. Since its inception in 1997, FashionTV has been setting the highest standards for excellence in fashion and lifestyle broadcasting. The only TV equivalent to fashion print media appealing to everyone interested in fashion, style, beauty and trends, fashiontv understands and caters to its audience by providing original, unbiased and informative programming not available on other networks. A strong image and exceptional awareness ofFashionTV’s brand projects a unique, cosmopolitan and a modern style allowing for influential partnerships with many global brands. A strong domestic manufacturing enterprise means economic and national security for all Americans.
These jobs pay well, averaging more than $102,000 a year, provide benefits like health insurance, and give hard-working Americans across our country the ability to provide for their families.
Manufacturing USA was created to secure U.S. global leadership in advanced manufacturing through large-scale public-private collaboration on technology, supply chain, and advanced manufacturing workforce development. Departments of Commerce, Energy and Defense, their sponsored manufacturing innovation institutes, and six additional federal agency partners, creating a whole-of-government, national effort to drive innovation in manufacturing. The Manufacturing Extension Partnership (MEP) program and the MEP National Network serve small and medium-sized manufacturers across the U.S. and in Puerto Rico through tailored services for every corner of business. Other federal government agencies have similar goals and interests to help manufacturers thrive and excel. As vital components of the manufacturing ecosystem, many agencies offer programs, funding opportunities, and other tools to assist manufacturers with various challenges, such as implementing advanced technologies on the shop floor, mitigating cybersecurity risks, managing their supply chain, and reshoring operations. Managed by NIST, manufacturing.gov provides a breadth of federal resources for manufacturers, whether they are a new start-up or a well-established company.
U.S. manufacturing became a global leader thanks to inventions such as Patrick Hanratty’s computer-aided design (CAD) software and George Devol’s industrial robot. American computer scientist Lynn Conway’s work helped speed up the development of computer chips, and Chuck Hull’s invention of the first 3D printer in 1984 enabled further innovations. For every dollar spent on manufacturing, it creates $2.69 in total economic activity. Trade has recovered since the pandemic, with U.S. exports of manufactured goods reaching a record $1.6 trillion in 2023. Manufacturing also supports a large supply chain, creating demand for raw materials, logistics, and services that help other industries grow.
Every day, experts from the MEP National Network™ assist manufacturers in adopting new technologies that improve efficiency and keep them competitive. For centuries, the American manufacturing industry has been shaped by creative thinkers who pushed manufacturing cell definition the boundaries to develop new technologies. Innovations like Eli Whitney’s cotton gin and Henry Ford’s automobile assembly line helped the industry grow.

