MHI commissioned this report with Oxford Economics to quantify the economic impact that this vital industry has across all industries and regions of the United States. That impact in 2018 amounted to more than $173.2 billion in GDP, as well as $39.3 billion in taxes to local, state and federal governments. In addition, the report found that the material handling industry supported nearly 1.6 million jobs in 2018, and workers in the industry earn $73,900 annual income on average, placing them well above the median income earners.
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