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Manufacturing Ranked #1 Industry For Economic Prosperity

Manufacturing Ranked #1 Industry For Economic Prosperity NEW YORK, June 9, 2009 – Despite more than a year of bad news as the manufacturing sector continues to contract, a new annual index released today by Deloitte LLP and The Manufacturing Institute shows that Americans view manufacturing as the most important industry for a strong national economy. There is a wide perception gap, however, between the public’s highly positive views of manufacturing’s contributions to America’s economic success and their negative views about pursuing a career in manufacturing.

The survey, Public Viewpoint on Manufacturing, which assessed public perceptions and understanding of a wide range of issues related to manufacturing, shows that the majority of respondents (71 percent) view manufacturing as a national priority with 59 percent agreeing that the United States manufacturing industry effectively competes on a global scale. These results fall in line with public perceptions that manufacturing plays a larger role in overall economic prosperity compared to the technology, energy, healthcare, retail, communications and financial services industries.

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