April 29, 2010

Contribution of the Automotive Industry to the Economies of All Fifty States and the United States



This report by the Center for Automotive Research outlined many known elements about the U.S. automotive industry and highlighted tremendously important associations beyond the market space of manufacturing. It analyzed specific elements as they relate to the automotive industry, including national and regional employment, research, development, innovation, state and local government revenues, foreign direct investment, education, health care, United States trade, and quality of life. The REMI model was supplied for this study in order to estimate the employment and income impacts. The report relayed that over $1.7 million people are employed by the auto industry and the industry consumed enough of other sectors’ goods and services, which contributed to a net employment impact in the U.S. economy of nearly 8 million jobs.

Center for Automotive Research – Contribution of the Automotive Industry to the Economies of All Fifty States and the United States [full PDF]