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Top 500 U.S. Manufacturing Firms Had Sales in 2010 of $4.5 Trillion, Greater Than Germany's GDP

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IndustryWeek recently released its 2010 annual report for the 500 largest publicly held U.S. manufacturing companies based on revenue.  Here are some factoids:

1. The combined revenue of the top 500 U.S.-based manufacturing for 2010 was $4.55 trillion.  To put that in perspective, that amount of revenue would put that group of U.S. manufacturing companies between the entire $5.4 trillion GDP of Japan in 2010 (world's third largest economy) and the $3.3 trillion GDP of Germany in 2010 (world's fourth largest economy).  

2. The top ten largest U.S. manufacturing companies (Exxon, Chevron, GE, Conoco, Ford, H-P, IBM, Proctor and Gamble, ADM and Boeing) had combined revenues of $1.3 trillion, almost as much as Spain's GDP in 2010 of $1.374 trillion.  

And yet don't we hear all the time about the decline of U.S. manufacturing, and how "nothing is made here any more?" 


The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

 

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