U.S. Electronics Manufacturing Supports 5.2 Million Jobs and $1.8 Trillion Output in 2023 Report

A report from the Global Electronics Association titled “Powering the U.S. Economy: The Economic Reach of Electronics Manufacturing” states that U.S. electronics manufacturing supports 5.2 million jobs, contributes $853 billion to GDP, and generates $1.8 trillion in total economic output.

The industry directly employs 1.3 million workers at an average annual wage of $156,000, which is more than 20 percent above the broader manufacturing sector average. Roles include design, fabrication, assembly, and testing.

Every dollar of direct output generates $2.25 in total economic activity. Each direct job supports three additional jobs. Indirect impacts include 1.68 million jobs and $532 billion in additional output from suppliers, logistics, and professional services.

Global trade in electronic components exceeded finished goods by $408 billion in 2023.

Key regional concentrations include California with 260,000 direct jobs and $364 billion in total output; Texas with more than 330,000 total jobs in semiconductor, defense, and communications technologies; and clusters in Oregon, Massachusetts, and New York focused on semiconductor fabrication and precision instruments.

John W. Mitchell, President and CEO of the Global Electronics Association, stated that U.S. electronics manufacturing powers the economy amid trade policy and geopolitic...