Percentage Growth in Goods Exports, U.S., Europe and World, 1992-2012

U.S. goods and services exports reached an all-time record in 2012, totaling $2.2 trillion. Export records were seen across the board, including in: capital goods, automotive vehicles, parts, and engines; consumer goods; and travel and tourism. This announcement follows the release of the 2012 U.S. International Trade in Goods and Services (...
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Manufacturing Share of Total Earnings by Statistical Area

A new report reviews the importance of manufacturing to local economies throughout the United States.  The manufacturing sector added roughly 500.000 new jobs from the beginning of 2010 through the end of 2012, and contributed...
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Employee Compensation per Hour by Major Industry, 2010

Specific findings from “The Benefits of Manufacturing Jobs” include on average, hourly wages and salaries for manufacturing jobs are $29.75 an hour compared to...
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New Report Showing Intellectual Property-Intensive Industries Contribute $5 Tril

The U.S. Commerce Department released a comprehensive report, entitled “Intellectual Property and the U.S. Economy: Industries in Focus,” which finds that intellectual property (IP)-intensive industries support at least 40 million jobs and contribute more than $5 trillion dollars to, or 34.8 percent of, U.S. gross domestic product (GDP).  The full report can be found online at...
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Statement from Commerce Secretary John Bryson on International Trade in Goods and Services in January 2012

WASHINGTON – U.S. Secretary of Commerce John Bryson issued the following statement today on the release of the January 2012 U.S. International Trade in Goods and Services report by the Commerce Department’s Census Bureau and Bureau of Economic Analysis. U.S. goods and services exports in January 2012 were up 1.4 percent or $2.6 billion from the same period of 2011 to reach $180.8 billion. This marks the second consecutive month of export growth.  In January 2012, the U.S. realized record exports in total services ($52.2 billion), capital goods ($43.2 billion), and automotive vehicles ($12.7 billion). U.S. imports of goods and services increased by 2.1 percent to reach $233.4 billion, causing the U.S.