MEMA has released a one-page, graphical flyer that encourages tax reform that supports job growth. The flyer is the latest resource made available in this effort. MEMA has also released a “mini report” on the economic impact of the supplier industry on the American economy.
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.
This mini-report can be downloaded by MEMA members who would like to share this valuable information with their employees and local officials. The full report is also available here.
