Manufacturing 2012 Manufacturing Report | Page 11

Conclusion The United States was built on the success of manufacturing. The industry has evolved to a new level of advanced manufacturing that provides high-wage jobs and supports a level of creation that builds and develops sustainable economies. Unfortunately this is now done by not just the United States, but by other countries across the globe. Several factors, including the lack of a solid energy policy, a trained workforce, and a prohibitive regulatory environment, are leading to the bleeding of manufacturing innovation in the United States, while other countries are recognizing the importance and promise of an industry sector capable of building an economically strong country. As well-documented by the National Association of Manufacturing, the manufacturing industry in the United States supported 18.6 million jobs in 2009, with an average annual salary and benefits package worth $77,186. In the state of Washington manufacturing jobs accounted for 9.3 percent of the state’s employment in 2009 with an average annual salary and benefits package worth $77,470. The manufacturing industry in the state of Washington has an annual economic impact on the state of $132.2 billion with exports from the industry accounting for 78%, or $52.4 billion, of the state’s exports. The economic viability of the State of Washington depends on the manufacturing industry. The state needs to work with industry to revitalize support of Washington’s manufacturing industry and secure its future. $38.9 billion total output from manufacturing in wa, 2009 $52.4 billion annual exports from wa state manufacturers 12% of the total output in the state, washington manufacturers account for nearly employing 9.3% of the workforce for every dollar of manufactured products created, there is $1.40 created around it in the supply chain. u.s. manufacturers perform half of all r&d in the nation, driving more innovation than any other sector.