Table 2

Projected national employment effects of $1.1 billion* railcar purchase

Domestic jobs created** 8,226
Direct jobs (i.e., jobs in the railcar industry) 4,632
Indirect jobs (i.e., jobs that supply and support the railcar industry) 3,594
Top 20 domestic industries affected Domestic jobs
created		 Share of domestic total
Railroad rolling stock manufacturing 4,632 56.3%
Wholesale trade 406 4.9
Architectural and structural metals manufacturing 325 4.0
Management of companies and enterprises 261 3.2
Electrical equipment manufacturing 180 2.2
Machine shops; turned product; and screw, nut, and bolt manufacturing 98 1.2
Employment services 97 1.2
Food services and drinking places 88 1.1
Services to buildings and dwellings 87 1.1
Truck transportation 81 1.0
Aerospace product and parts manufacturing 71 0.9
Spring and wire product manufacturing 57 0.7
Motor vehicle parts manufacturing 56 0.7
Foundries 56 0.7
Monetary authorities, credit intermediation, and related activities 55 0.7
Forging and stamping 54 0.7
Management, scientific, and technical consulting services 51 0.6
Accounting, tax preparation, bookkeeping, and payroll services 49 0.6
Iron and steel mills and ferroalloy manufacturing 47 0.6
Architectural, engineering, and related services 44 0.5
Economic Policy Institute

* In 2011 dollars

** Represents gross full-time-equivalent jobs

Notes: Industries in bold fall into the manufacturing and construction major industry classifications. Estimates use final-demand multipliers and do not include effects from household spending.

Source: Author's analysis using Bureau of Labor Statistics' employment requirements matrix

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