- November 20, 2022
- Posted by: Stratford Team
- Category: Economy
In this article, we will be taking a look at the top 15 manufacturing companies in the U.S. To skip our detailed analysis, you can go directly to see the Top 5 Manufacturing Companies in the U.S.
The manufacturing sector in the United States is among the biggest in the world and a key driver of the biggest economy in the world. It is the second largest manufacturer in the world after China and the third largest in terms of regions, with the European Union coming in second place. In Q1 2018, the output of the manufacturing sector in the U.S. was $2 trillion. The manufacturing sector employs more than 12.5 million people. Currently, manufacturing accounts for $2.3 trillion of the GDP and is comprised of more than 20% of the country’s total capital investment, 35% of productivity growth and around 60% of the total exports of the country, not to mention 70% of business R&D spending.
Despite being a manufacturing giant, the U.S. has seen high growth in other…
