Business of Chemistry Flow Chart

Economic Contributions of the Business of Chemistry

Chemistry is vital to a strong and vibrant economy. A significant contributor to the gross domestic product (GDP), the business of chemistry is essential to our economy. Every manufacturing industry depends on chemistry in one way or another.

The flow chart figure below presents estimates of the direct uses of the output of the U.S. business of chemistry. These estimates, based on the IMPLAN input-output model, reflect purchases by the consuming industry or sector. In effect, final sales represent intra-industry sales as well as sales to industries that are consumers of the business of chemistry.

Economic data generated from the Guide to the Business of Chemistry 2016.

News

News & Resources

View our resource center to find press releases, testimonies, infographics and more.

Jobs

Jobs and Economic Impact

More than 800,000 Americans rely on jobs in the chemistry industry—earning 47 percent more than the average manufacturing wage.

LCSA