In the U.S., manufacturing’s contribution to GDP has declined from in 1997 to in 2021. This reflects a shift toward services and technology, as well as offshoring and global competition. Despite the decrease, recent interest in reshoring and high-tech manufacturing may signal future growth as the U.S. aims to rebuild critical manufacturing capabilities.
Find out more through related statistics on US working-age population share, United States annual GDP growth rate, Industry sector’s share in US GDP.
