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Unformatted text preview: sector plays an important role in maintaining an innovative economy.) Manufacturing sector key ot the economy – Gross Output
Scott, 2008 (Robert E., The importance of manufacturing, February 13, 2008, http://www.gpn.org/bp211/bp211.pdf, July 2, 2012, pg 3;
(Finally, the manufacturing sector has a large geographic footprint. It is the largest sector of the economy, aside from real estate
(which is dominated by imputed and actual rental income on property) in most states, as a share of GDP.
Manufactured goods are a significant source of demand for goods and services from other sectors of the economy ,
ranging from energy and natural resources to construction of new factories to services provided by accounting, engineering, software, and
temporary help firms. U.S. manufacturing had gross output of $4.5 trillion in 2005, and it is by far the most important
sector of the U.S. economy in terms of total output (Bureau of Economic Analysis 2008)) This Briefing Paper examines the role
manufacturing plays in employment at the state l...
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