Econmic+Growth+of+the+Automotive+Industry

> This site talks about the potential of the auto industry. For teenagers looking for a career in cars. It helps to know that potential of a job that you want to pursue and that is what this site provides for teenagers that may be looking towards a job in cars.
 * "Employment and Economic Growth in the U.S. Automotive Manufacturing Industry." //Home: Indiana Business Research Center: Indiana University Bloomington//. Web. 05 Apr. 2011. <__ [|http://www.ibrc.indiana.edu/ibr/2010/spring/article2.html>.] __

=Facts:= > > Source: IBRC, using data from the U.S. Bureau of Economic Analysis and Moody’s Economy.com > > Source: IBRC, using data from the U.S. Bureau of Labor Statistics > > Note: “Other States” does not include Alaska and Hawaii and some employment is suppressed due to non-disclosure requirements. Auto refers to the sum of NAICS 3361, 3362, and 3363. Parts refers only to NAICS 3363. > Source: IBRC, using data from the U.S. Bureau of Labor Statistics
 * 1) employment and gross domestic product (GDP) growth within this declining industry and its automotive parts manufacturing sub-sector between 1998 and 2008.
 * 2) This research also assesses the influential impact of the annual revenues earned by the top six automotive companies in the United States
 * 3) the Detroit Three (General Motors, Ford, and Chrysler) and the top three Japanese companies (Toyota, Honda, and Nissan). Controlling for several influential factors
 * 4) employment and GDP growth among states is generally linked to the improved revenues of U.S. companies relative to Japanese companies.
 * 5) The one notable exception is Toyota whose revenues were not significantly associated with increases or decreases in state employment or GDP.
 * 6) Companies in the automotive manufacturing industry are classified by the North American Industrial Classification System (NAICS) as part of the larger transportation equipment manufacturing industry (NAICS 336)
 * 7) this research will focus on the employment and GDP associated with the production of cars, as well as light and heavy-duty trucks, by analyzing manufacturers in the following three 4-digit NAICS categories:
 * 8) the Midwestern states of Michigan (10.3 percent), Indiana (6.3 percent), and Ohio (4.7 percent) are among the four states with over 4 percent of state GDP dependant on automotive manufacturing
 * 9) Kentucky the only other state with such a high percentage of GDP directly linked to this industry.
 * 10) Great Lakes to the Gulf Coast—often referred to as “Auto Alley.
 * 11) Within this industry, the overall trends are declining employment and GDP growth volatility between 1998 and 2008.
 * 12) states between 2002 and 2006 where automotive manufacturing employment held constant and even increased slightly before declining between 2006 and 2008.
 * 13) ===Figure 1: Average Percentage of State GDP in Automotive Manufacturing, 1998 to 2008===
 * 1) ===Figure 2: Percentage of Automotive Employment Manufacturing in Automotive Parts Manufacturing, 2008===
 * 1) ===Figure 3: Automotive Manufacturing in the Midwest and Other States, 1998-2008===