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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.

What is Made In America?

Made In America Industry Collage

Eighth 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: Fabricated Metal Products

In 2013, shipments from the U.S. manufacturing sector totaled $5.8 trillion. So, what do we make in the United States? This eighth profile in a series by the U.S. Commerce Department's Office of the Chief Economist (OCE) in the Economics and Statistics Administration (ESA) examines fabricated metal product manufacturing. Previous profiles explored machinery; food, beverages and tobacco products; transportation equipment (excluding motor vehicles); chemicals; apparel, leather, and allied products; petroleum and coal products; and computer and electronic products.

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:

Supply Chains Take on Larger Role in Manufacturing

In March, the Department of Commerce and the White House released "Supply Chain Innovation: Strengthening America's Small Manufacturers." One of the figures in that paper showed that supply chain costs, as a percentage of manufacturing shipments, have grown over the past two decades, from 52 percent in 1992 to 59 percent in 2012.1 Those percentages were gleaned from Economic Census data published every five years, and they paint an interesting picture of the growing importa


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