Welcome to the Manufacturing Quiz!
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Welcome to the Advanced Manufacturing Office’s
MANUFACTURING IQ GAME!
How much do you know about the manufacturing sector and its’ economic impact within the United States?
Play along to find out!
Start Quiz
MANUFACTURING IQ GAME!
How much do you know about the manufacturing sector and its’ economic impact within the United States?
Play along to find out!
Start Quiz
For every $1.00 spent in manufacturing, how much is added to the U.S. economy?
Correct Answer: $1.89!
Manufacturing is a major driver of our economic success, and it has the highest multiplier effect of any economic sector: for every $1.00 spent in manufacturing, another $1.89 is added to the economy. Additionally, for every one worker in manufacturing, there are another four employees hired elsewhere.
Source: Manufacturers Alliance for Productivity and Innovation and http://www.nam.org/Newsroom/Top-20-Facts-About-Manufacturing/Share This
How much did manufactures contribute to the U.S. economy in 2018?
Correct Answer: $2.33 trillion!
In the most recent data, manufacturers contributed $2.33 trillion to the U.S. economy in the first quarter of 2018. This figure has risen since the second quarter of 2009, when manufacturers contributed $1.70 trillion. Over that same time frame, value-added output from durable goods manufacturing grew from $0.86 trillion to $1.26 trillion, with nondurable goods output up from $0.84 trillion to $1.07 trillion. In 2017, manufacturing accounted for 11.6 percent of GDP in the economy.
Source: Bureau of Economic Analysis and http://www.nam.org/Newsroom/Top-20-Facts-About-Manufacturing/Share This
How many manufacturing workers are currently in the United States?
Correct Answer: 12.75 million!
There are currently 12.75 million manufacturing workers in the United States, accounting for nearly 8.6 percent of the workforce. Since the end of the Great Recession, manufacturers have hired an additional 1.3 million workers. There are 7.98 million and 4.77 million workers in durable and nondurable goods manufacturing, respectively.
Source: Bureau of Labor Statistics and http://www.nam.org/Newsroom/Top-20-Facts-About-Manufacturing/Share This
If the U.S. manufacturing sector were its own country, where would it rank compared to other world economies?
Correct Answer: 9th-largest!
Taken alone, manufacturing in the United States would be the ninth-largest economy in the world. With $2.1 trillion in value added from manufacturing in 2014, only eight other nations (including the U.S.) would rank higher in terms of their gross domestic product.
Source: Bureau of Economic Analysis, International Monetary Fund and http://www.nam.org/Newsroom/Top-20-Facts-About-Manufacturing/Share This
How much did the U.S. manufacturing sector contribute to U.S. GDP per year?
Correct Answer: $2 trillion!
GDP from manufacturing in the United States increased to $2 trillion in the first quarter of 2018 from $1.98 trillion in the fourth quarter of 2017.
Source: https://tradingeconomics.com/united-states/gdp-from-manufacturingShare This
Over the next decade, approximately how many manufacturing jobs will likely be needed?
Correct Answer: 3.5 million jobs!
Although there are roughly 12.3 million manufacturing workers in the United States, over the next decade nearly 3½ million manufacturing jobs will likely be needed, and 2 million are expected to go unfilled due to the skills gap.
Source: Deloitte, the Manufacturing Institute, and http://www.nam.org/Newsroom/Top-20-Facts-About-Manufacturing/Share This
Correct Answer: 75% of all patents!
Approximately 75% of patents relate to manufacturing, highlighting the importance of technology innovation in manufacturing.
Source: Advanced Manufacturing OfficeShare This
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MANUFACTURING IQ GAME!
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