Economic Contribution of the U.S. Automotive Industry

An Economic Contribution Analysis of Automobile and Light Duty Motor Vehicle and Motor Vehicle Parts Manufacturing in the United States

Although it is well established that the automotive industry contributes significantly to the US economy and employs millions of people, the industry’s expanding presence nationwide highlights its ongoing evolution. In this research note, CAR examines the economic contributions of the automobile and light duty motor vehicle manufacturing and parts manufacturing industries in the US.

Results from this analysis outline the effects of industry on employment, labor income, value added, output, and tax revenue. Complementing the data observed in the CAR Book of Deals that demonstrate how capital investments are expanding across the US, this analysis reveals the regional and interconnected effects of trade and commuting. These results provide a unique snapshot of the automotive industry collaboration across regions of the US.

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