MANUFACTURING DAY


MANUFACTURING DAY - OCTOBER 6, 2023

The American manufacturing sector annually celebrates Manufacturing Day on the first Friday of October, which is October 6 this year, as a month of inspirational experiences, especially for those who love making things with their mind and machines. The celebration will also focus on appreciating the Manufacturing sector's contribution to the U.S. economy.

MANUFACTURING DAY BY HISTORY

Fabricators and Manufacturers’ Association (F.M.A.) of the U.S. in 2011 sought to make the Manufacturing sector more accessible to the general public, especially America’s students, their parents, and the policymakers, as it opens its doors through events and exhibitions, among others. 

 In October 2012,  F.M.A. organized the first-ever Manufacturing Day as a starting point for over 200 events in the Midwest in the month. It was a very successful initiative and received active participation and appreciation from high school students, educators, parents, and other community members. It became a popular concept in the subsequent years when thousands of people participated in these events nationwide. During this celebration, from the first Friday to the end of the month, the sector organizes job fairs, exhibitions, shop floor walkthroughs, and seminars for students, educators, parents, and community influencers. Notably, the day kick-starts a full month of exhibiting America’s manufacturing prowess.

 The endeavor is driven by the National Association of Manufacturers (N.A.M.), The Manufacturing Institute, and various federal partners such as the U.S. Census Bureau. America’s tech and machine learners now throng the over 2,000 events organized annually through October through the National Manufacturing Day, with over 14,000 manufacturers participating in country-wide celebrations. This day also marks the beginning of a series of magical experiences that unfold throughout the month, especially for those interested in technology, such as bioengineers, machine technicians, data analysts, and robotic machinists.

 

FIVE KEY FACTS ABOUT THE U.S. MANUFACTURING SECTOR

  •  Future Job Opportunities
  • The Manufacturing sector is expected to create four million jobs by 2030

  • Export of Goods
  • The United States manufacturing industry exported goods worth close to $1.2 trillion in 2020

  • Eighth Largest Economy
  • When considered separately, the U.S. manufacturing industry would qualify to be the world’s eighth-largest economy.

  • Average Wage
  • The average annual wage of a worker in the U.S. manufacturing sector in 2019 was $88,406, both pay and benefits.

  • Multiplier Effect
  • The manufacturing industry has the best multiplier effect compared to any other industry because for each $1 spent in Manufacturing, another $2.79 is added to the economy.

    WHY MANUFACTURING DAY IS IMPORTANT

    Inspiration for Future Workers,

    The day offers an opportunity for America’s Manufacturing prowess to be showcased, and that would inspire the next generation to develop the skills to enter the sector.

    Celebration of Drivers of America’s Progress

    The day celebrates with pride the achievements of America’s manufacturing sector while acknowledging and appreciating the efforts of all the faceless and tireless technicians, engineers, and shop floor workers who have contributed to the nation’s economic power.

    Enabled Collaboration

    Manufacturing Day empowers manufacturers to collaborate in addressing collective challenges for the advancement of society.

    Statistics of the Manufacturing Industry

    • In 2023, revenue from Manufacturing is projected to reach $8.18 trillion, which is expected to grow annually at 0.18% (CAGR 2023-2025)
    • There are a total of 740,838 enterprises in the manufacturing industry.

    Are you a small business operating in the Manufacturing Industry? 

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