In other words it will threaten the basic foundation

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

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; FAS) (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...
View Full Document

Ask a homework question - tutors are online