US Biobased Industry hits $393B in revenue, 4.22M jobs

The USDA has just released a report with the data on how much the biobased products industry is contributing to the U.S. economy.

Iin 2014, the total was $393 billion in value added to the economy and 4.223 million jobs. The multiplier effect of the activity show that for every 1,000 jobs in the biobased industry supported 1,760 additional jobs in other parts of the economy. The article adds perspective on what this means to the overall economy and is a quick and informative read.

Learn more at from Biofuels Digest.

 

Oct 05, 2016