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For every $1 invested in manufacturing, $1.81 is injected back into the economy

siliconreview For every $1 invested in manufacturing, $1.81 is injected back into the economy

Apple’s billion-dollar investment provides a blueprint for US manufacturing. Recent report says that the company is planning to make an investment of around $1 billion in the advanced manufacturing companies in the United States. 

With the investment President Trump has better strategies that would help US in making better opportunities both in job openings as well as in income. The reviews from National Association of Manufacturing says that for every $1 invested in manufacturing, $1.81 is injected back into the economy, which in fact is the main reason for Apple to take such a big leap.

“We’re going to get Apple to build their damn computers and things in this country instead of in other countries”, says Trump as he called for Apple to move its manufacturing operations to the US.  Advanced manufacturing industry was growing exponentially since its launch and now constitutes the major income of the country. As it employs next generation technologies like 3-D printing and so on, it paves way to around one million jobs.

Apple’s response to Trump’s agenda might result in bringing new openings in that kind of jobs which help grow the industry not destroy it. The reviews of Rob Atkinson, an economist and president of the Information Technology and Innovation Foundation says that people who believe manufacturing jobs aren’t really worthy is unaware of the benefits and are a failure at looking at the other prospective.  This billion dollar deal is expected to tie Apple with US and bring a change, hopefully!