Why it Feels Good to Buy Products Made in the U.S.A.
Supporting the U.S. economy by buying products made in the U.S.A. isn't just a matter of waving the flag and cheering. It's a hard-boiled decision to use our spending dollars to help our country's economy to grow.
Creating Jobs
Manufacturing creates direct jobs for the people out on the floor of the manufacturing plant. It also generates many additional support jobs within the companies that make the products. It is easy to spot the accounting, maintenance and administrative employees with a direct connection to the company, but many other individuals and businesses profit from manufacturing as well. The direct rollover of dollars from a manufacturing plant to the local community constitutes all or a portion of many jobs. Plant workers buy groceries, go to movies and have their cars repaired. Some local businesses, like restaurants and bars near the plant, might not survive without it.
Indirect Benefits
Most manufacturing companies also consider themselves a part of the community and give back to local charitable causes. Depending on the individual focus of the company, they may support youth sports, education, health care or homeless shelters. It is more difficult to trace how the country benefits beyond the individual community, but the value to the nation as a whole is just as real. All the employees of the manufacturing company pay taxes and many donate to charities. That means that their dollars work throughout the United States to find cures to diseases, provide emergency assistance and pay the salaries of the armed forces.
Rollover Dollars
A large number of workers who may never see the inside of the manufacturing plant, also owe some percentage of their income to the work done there. The Manufacturers Association of Central New York quotes economic researchers whose studies indicate that each manufacturing job creates an average of 2.34 additional jobs in other parts of the economy. Many of these jobs are easy to trace back to the plant. The trucking companies that transport parts to the plant and later deliver the finished products are directly related. It's harder to see the additional retail clerk or insurance company employee who is able to find a job because the manufacturing workers are spending their dollars within the United States instead of a foreign country.
We All Win
The amazing thing is that the dollars created by manufacturing keep rolling over in the economy. As they split off into thousands of different directions, they may be difficult to trace back to the manufacturing source, but it all starts there. So, I feel good about buying U.S.
|