This week marked the final Presidential Debate of the 2016 election. The debate covered 6 different topics and, at times, was quite heated. The debate was at its most civil when both candidates discussed the economy, as members of both parties believe that the economy is the most important issue this election. While the two candidates and political parties vehemently disagree on a wide range of topics, both agree that a resurgence of American manufacturing is enormously important to the economy and American workers.
A “Made-in-America” movement needs to start with American manufacturing. There is much work to be done to improve the state of American manufacturing, but there are signs of improvement. According to the National Association of Manufacturers “In the most recent data, manufacturers contributed $2.17 trillion to the U.S. economy in 2015. This figure has risen since the second quarter of 2009 when manufacturers contributed $1.70 trillion.” In 2015, manufacturing was responsible for 12.1% of the gross domestic product in the United States. “These numbers are encouraging and there is further room for growth.
American consumers play a major role in starting a Made-in-America movement. According to a Consumer Reports study, “Almost 8 in 10 American consumers say they would rather buy an American-made product than an imported one. And more than 60 percent say they’re even willing to pay 10 percent more for it.” When asked why they preferred American products, most participants identified the quality of the product and the benefits to American workers and the economy.
A Made-in-America movement can have real-world implications and create American jobs. According to Forbes, “If every American committed to spending $64 on American made products, it would create 200,000 jobs, and if contractors increased the use of American-made materials by 5%, it would create an additional 200,000 jobs.” The manufacturing industry also has a positive indirect impact. Per the National Association of Manufacturers, “For every $1.00 spent in manufacturing, another $1.81 is added to the economy. That is the highest multiplier effect of any economic sector.” This means that the manufacturing sector also indirectly creates many jobs in other industries.
There are many issues that divide Americans, but a Made-in-America movement can unite Americans behind a common sense and beneficial cause. Americans have already signaled that they prefer American made products, and following through on this preference can have a real-world impact on both the economy and American workers. Regardless of the outcome in November, all Americans can, and should, fully support a Made-in-America Movement.