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Manufacturing Fast Facts 
CIT is proud to provide financing to manufacturers of all types. 
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Manufacturing Industry Infographic

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Explore interesting facts about the manufacturing industry with our latest infographic.

Published in: Economy & Finance
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Manufacturing Industry Infographic

  1. 1. Manufacturing Fast Facts CIT is proud to provide financing to manufacturers of all types. Discover View from the Middle, TM our content leadership series, providing insights for your business. cit.com/viewfromthemiddle TM $2.08 Trillion In 2013, manufacturers contributed $2.08 trillion to the U.S. economy, accounting for 12.5 percent of the GDP. 8th Largest The U.S. manufacturing industry is so large that if it were a country, it would be the world’s eighth-largest economy. 70 Percent Manufacturing accounts for approximately 70 percent of private sector research and development in the United States. $77,506 In 2013, the average U.S. manufacturing worker earned $77,506 annually, nearly 23.9% more than the average worker in any other industry. 17.4 Million The U.S. manufacturing sector supports an estimated 17.4 million jobs, directly employing virtually 12 million Americans. Sources: nam.org, atlasdowel.com, reuters.com, treasury.com © 2014 CIT Group Inc., CIT and CIT logo are registered service marks of CIT Group Inc.

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