In 2012, manufacturers generated $2.03 trillion worth of value-added.  In the 20 years ending in 2012, manufacturing output increased more than 83 percent. The U.S. manufacturing sector is so huge that if it were its own country, it would rank as the eighth-largest world economy.  The United States produces the most goods and services overall as measured by gross domestic product (GDP), and is far ahead of second-place China.  Other countries, such as Japan and Germany, showed less growth buoyancy over the past decade compared with the United States.  On the other hand, emerging economies such as Brazil, India, and Mexico grew very quickly and are catching up with the developed world.  Still, American manufacturers account for a larger volume of production than the entire GDP of Russia, India, Canada, or Korea.

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