October is Manufacturing Month in the United States. The designation is an opportunity for manufacturing companies to showcase their ties to local communities and how the jobs and products that they create are a value-add to the economy of their neighborhoods, states, and the country as a whole.
Then in November, the American Made Matters
, organization will be celebrating and focusing attention on American Made products and services. AMM, is an organization dedicated to educating consumers on the importance of buying American-made products.
The group has declared November 19, 2013, the first annual American Made Matters® Day. The organization hopes that on that day, U.S. consumers will be encouraged to buy at least one American-made product to show their support for American manufacturing.
According to the National Association of Manufacturers
, “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.”
NAM also states that, “Manufacturing supports an estimated 17.2 million jobs in the United States—about one in six private-sector jobs. Nearly 12 million Americans (or 9 percent of the workforce) are employed directly in manufacturing.”
In 2011, the average manufacturing worker in the United States earned $77,060 annually, including pay and benefits. The average worker in all industries earned $60,168.3.”
AMM has reported that “the Federal Trade Commission mandates that, in order to label a good as made in the U.S., all signif
icant parts and processing that go into the product must be of U.S. origin. Additionally, the law requires that U.S. content must be disclosed on automobiles and textile, wool, and fur products.”
AMM has two criteria for member organizations to use its label on products:
- 50% of the product’s cost (labor, materials and overhead) must be incurred in the U.S.; and
- Final assembly or transformation must take place in the U.S.
Production Materials is proud to be associated with the American Made Matters® organization. Many of the products we sell are made in the state of Illinois and are integral to other American products to perform the work and tasks necessary to keep the economy moving forward. One of our main sectors that we service is agriculture, which is also critical to a strong America. Join us in October to salute American manufacturing and then in November by buying American made products. Let’s all do our part to keep our country strong!