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The National Association of Manufacturers (NAM) reported that in 2019 the manufacturing industry contributed nearly $2.37 trillion to the U.S. economy, or approximately 11.1 percent of the nation's gross domestic product (GDP). If considered independently, NAM concluded, in 2016 the U.S. manufacturing sector would be the eighth largest economy in the world. Additionally, many jobs in manufacturing pay somewhat higher annual salaries than those in other industries. NAM also reported average earnings of $87,185 for U.S. production workers.

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