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 |
* 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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