ameri resources


Need an office in metro Detroit, Alabama or Toronto? Office suites, meeting rooms, virtual offices, network access




free downloads
NORTH AMERICA: "The future of productivity: Clear choices for a competitive Canada" report

NORTH AMERICA: "The future of productivity: Clear choices for a competitive Canada" report. 60-page report by Deloitte Canada.

proceed to download
eJournals





back to index backAMERItalk April,  2007


Motor vehicle suppliers account for 4.5 million jobs (in U.S.), according to study

A new study released by the Center for Automotive Research (CAR) and sponsored by the Motor & Equipment Suppliers Association (MEMA) underscores the importance of motor vehicle supplier jobs to the United States economy.

Motor vehicle suppliers directly and indirectly account for 4.5 million jobs nationwide, according to the survey. The are the largest employer in seven states, and are in the top five of employers in 12 more states.

"Suppliers to the vehicle manufacturers are not household names in our economy, but they employ significantly more men and women than the manufacturers and are, in reality, the invisible giant of the automotive industry," says Dr. David Cole, chairman of CAR. "Rarely are their facilities large and impressive landmarks, but in aggregate they employ several times the number of workers in motor vehicle manufacturer facilities."

According to the study, motor vehicle parts suppliers directly employ 783,100 domestic workers, and every supplier job creates another 4.7 jobs in the economy. These include:

* an additional 1.97 million jobs in industries ranging from steel to plastics that support the supplier industry; and

* 1.7 million jobs supported by the spending of direct and indirect employees.

Motor vehicle parts suppliers are the top employers in Indiana, Kentucky, Michigan, Missouri, Ohio, South Carolina and Tennessee. Nine more states reported employment in excess of 15,000 jobs, including Alabama, California, Georgia, Illinois, New York, North Carolina, Pennsylvania, Texas and Wisconsin.

The study also showed that the created jobs are good jobs, providing almost $253 billion in compensation, or more than $45,000 in average annual compensation for all 4.5 million jobs.

To download 49-page study, click here.

Source: Modern Tire Dealer - GAI


previous page

go top
search our site


Loading

AMERItalk

Other articles from the same issue (April,  2007).

Value-added taxes put U.S. manufacturers at disadvantage
play read on

Big beneficiaries of Korea Free Trade Agreement might just be Japanese makers in U.S.
play read on

Synergy or Misery?
play read on

New tax provisions expand availability of cross-border losses to substantially reduce global tax liabilities
play read on

NAM applauds new countervailing duties policy toward China
play read on

Immigration and the Looming U.S. Demographic Crisis
play read on

US Senate okays doubling H1B visas to 115,000
play read on

Six Secrets to a Better Corporate Video
play read on

Corporate Governance: greater U.S. shareholder power poses threat to CEO performance
play read on

Website of Lobby for Detroit Makers Alleges Yen Manipulation Subsidizes Japanese
play read on

U.S. CEO pay jumped nearly 9% in '06
play read on

Health care costs show little sign of decline
play read on

Low-wage workers more engaged with better benefits
play read on

Manufacturing jobs are being undercounted
play read on

Factory losses severe for U.S. workers – 3.2 million jobs gone since 2000
play read on

Manufacturing Critical For Global Success, Indiana Expert Says
play read on

Merging Manufacturing and Sourcing Strategies for Global Opportunity: The Global Factory
play read on

Motor vehicle suppliers account for 4.5 million jobs (in U.S.), according to study
play read on


Our Free eJournals
GlobalAutoExperts

To visit GlobalAutoExperts Directory, click here.


©2008 GlobalAutoIndustry.com | HCI Group, Ltd.
101 West Big Beaver Road, Suite 1400 | Troy, MI 48084 USA
USA Tel: +1.248.687.1060 | USA Fax: +1.248.927.0347
Fax UK: +44.(0)845.127.4765 | Fax Europe: +31.20.524.1659 | Fax Asia: +852.3015.8120