Jobs & Economic Impact
The business of chemistry is a key element of the nation's economy. The industry supports a quarter of U.S. gross domestic product (GDP) and creates more than half a million skilled, good-paying American jobs.
Chemistry supports a vast supply chain and creates economic activity in communities where facilities are located.
The products of chemistry enable higher living standards and are crucial to meeting the needs of a growing global population. Solutions from the chemistry industry will be needed to ensure a safe and plentiful food supply, clean air and water, safe living conditions, efficient and affordable energy sources, and life-saving medical treatments for people around the globe.
Innovation into new materials, applications, and processes is critical to advancements in human development. The chemical industry is one of the largest private-sector industry investors in research and development.