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ACE Tool: New Data Aids US Business Investment Decisions

Assess Costs Everywhere LogoThe Department of Commerce's Assess Costs Everywhere tool (ACE) highlights the hidden costs and risks that manufacturers need to consider when deciding where to locate their operations or supply chains in the United States.  Since launching ACE in April 2013, the Department's Office of the Chief Economist has periodically updated the data and research underlying its analysis of 10 costs and risks.  This week, coinciding with the third SelectUSA Investment Summit, we are announcing a new set of updates to the tool.

What is Made In America?

Made In America Industry Collage

Ninth in a Series of Manufacturing Profiles: What is Made in America? These profiles are a follow-up to the ESA report "What is Made in America?" which estimates the dollar value and domestic-production percentage of what America produces.

Made In America: Primary Metal Products

In 2013, shipments from the U.S. manufacturing sector totaled $5.8 trillion. How much of these shipments do we make in the United States? This series of manufacturing profiles by the U.S. Commerce Department's Office of the Chief Economist (OCE) will answer that question one industry at a time. This ninth profile explores primary metal products. Previous profiles examined machinery; food, beverages and tobacco products; transportation equipment (excluding motor vehicles); chemicals; apparel, leather, and allied products; petroleum and coal productscomputer and electronic products; and fabricated metal products.

Drilling into 'Fab' Metals

Recently, the Office of the Chief Economist (OCE) reported on fabricated metal product manufacturing as part of our series of manufacturing profiles examining what is made in America. Utilizing various fabrication processes, metals are manipulated to create intermediate or end products (excluding machinery, computers and electronics and metal furniture). Examples of fabrication (or "fab") include forging, stamping and welding metal. Shipments of fabricated metals totaled $345.1 billion, or 5.9 percent of all manufacturing shipments in 2013. The fabricated metals industry is the third largest employer (following transportation and food manufacturing) of all the manufacturing industries in the United States.

The Pay Premium for Manufacturing Workers as Measured by Federal Statistics

Historically, manufacturing jobs have offered relatively high pay. However, there is not a consensus on the size of the pay premium for manufacturing jobs relative to the economy as a whole or even whether a premium continues to exist. This report turns to evidence to answer those questions, using ten federal datasets, each of which allows us to calculate and compare the average pay of manufacturing workers and the average pay of workers overall. The following datasets are included:

New Research Will Help U.S. Businesses Assess Costs Everywhere

Assess Costs Everywhere (ACE) has been recently revised with more modern, up-to-date information. ACE is a resource developed by the Office of the Chief Economist in the Department of Commerce to outline the hidden costs and risks U.S. firms need to consider when evaluating the location of manufacturing operations and supply chains. ACE was originally launched in April 2013, and we are constantly reviewing it to ensure the data and research are current.

Highlights from our newly updated research include:

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