Manufacturers in the United States perform two-thirds of all private-sector R&D in the nation, driving more innovation than any other sector.
In 2012, manufacturers contributed $1.87 trillion to the economy, up from $1.73 trillion in 2011. This was 11.9 percent of GDP. For every $1.00 spent in manufacturing, another $1.48 is added to the economy, the highest multiplier effect of any economic sector.
A record of more than 302,000 U.S. companies exported goods in 2011, nearly 98 percent of which (295,594) in 2011 were small or medium-sized companies (SMEs) with fewer than 500 employees.