The Economic Impact of U.S. Electrical and Medical Imaging Manufacturers on Jobs, Labor Income, and Additions to U.S. GDP

$129.20 B

Labor Income

INDIRECT: $38.07 B

1.65 M

American Jobs

INDIRECT: 461.82 K

$201.67 B

U.S. GDP Contributions

$60.93 B

Economic Impact by State and District

Electrical and medical imaging manufacturers’ plants and facilities, spread across the United States, provide jobs that pay above-average wages, create products that transmit, distribute, and control the flow of electricity and advance health care. They also provide a tax base that helps support government services in communities across the nation.

Ranking by State and District

While electrical manufacturers have a large national footprint, some sectors such as power and control cable, medical
imaging, and wiring devices are concentrated more regionally. State and district-level data break down the industry impact at more local levels.

Economic Impact by Product Category

The North American Industry Classification System (NAICS) uses numerous codes to classify electrical and medical imaging products. The categories below have been aggregated at higher-level NAICS classes to simplify display and comparison.

Management of companies and enterprises
NAICS: 55
The Management of Companies and Enterprises sector comprises (1) establishments that hold the securities of (or other equity interests in) companies and enterprises for the pu Show More
$19.88 BLabor Income
157.41 KAmerican Jobs
$22.91 BU.S. GDP Contributions

Purpose and Methodology

Please see the link below to access an explanation of the methodology employed by FTI Consulting, Inc. (“FTI”)  to measure the economic impacts of electrical equipment and medical imaging manufacturers on the U.S. economy, state economies, and the economies of Congressional districts.