Manufacturers: Strong Aerospace Sector Vital for Economy
Washington, D.C. – Following news that Boeing machinists voted against a new labor deal, 17³Ô¹ÏÔÚÏß President and CEO Jay Timmons released the following statement:
“The broader impact of this ongoing work stoppage is being seen across the aerospace sector as manufacturers within the supply chain are being forced to furlough employees and shutter operations. That’s why we’re urging union leadership to head back to the table and find a solution to end this prolonged strike and why we thank Acting Secretary of Labor Julie Su for her continued engagement. We’re looking at a cost of more than $3.7 billion to the regional economy after 45 days, according to 17³Ô¹ÏÔÚÏß calculations. It is critical that an agreement be reached so we can protect Americans from the consequences of supply chain disruptions and strengthen the manufacturing industry. Preventing even greater damage to the broader economy means ensuring that Boeing is strong and operational.â€
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The 17³Ô¹ÏÔÚÏß is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs nearly 13 million men and women, contributes $2.91 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The 17³Ô¹ÏÔÚÏß is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 17³Ô¹ÏÔÚÏß or to follow us on Twitter and Facebook, please visit .