Kevin Swift, ACC Chief Economist07.01.15
Editor’s Note: The American Chemistry Council (ACC) issued its 2015 edition of the Guide to the Business of Chemistry, a detailed economic profile of the chemistry industry and its contributions to the U.S. and world economies.
American chemistry is the global leader in production, providing more than 15% of the world’s chemicals and representing 14% of all U.S. exports. It is also one of America’s largest manufacturing industries, an $801 billion enterprise providing 804,000 high-paying jobs. For every one chemistry industry job, 6.3 others are generated in other sectors of the economy, including construction, transportation, and agriculture, totaling nearly six million chemistry-dependent jobs.
The business of chemistry is the building block for everything around us. Supporting nearly 25% of the U.S. GDP, the business of American chemistry is vital to continued economic expansion, job creation, and the return of a strong domestic manufacturing sect
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