MEMA has released a one-page, graphical report on the economic impact of the motor vehicle parts manufacturing industry on the U.S. economy.
The “mini report” reflects the results of a larger study that MEMA released in January. The full report shows that automotive parts manufacturing jobs in the U.S. have risen nearly 19 percent since 2012.
More than 871,000 Americans are directly employed by the automotive parts manufacturing industry. This number, which is up from 734,000 in 2012, represents 2.9 percent of the jobs in the total U.S. employment market and 2.4 percent of the U.S. gross domestic product (GDP). Together with indirect and employment-induced jobs, the total employment impact of the motor vehicle parts manufacturing industry is 4.26 million jobs, an increase of nearly 18 percent from 3.26 million in 2012.
