A recent study from The National Wooden Pallet & Container Association (NWPCA) found that the wooden pallet and container manufacturing industry has a direct or indirect impact on more than 173,000 jobs and generates a total economic impact of $31 billion in economic activity.
NWPCA is the largest organization of wood packaging professionals in the world, with more than 670 company members in 28 countries who manufacture, repair and distribute pallets and wood packaging in unit-load solutions, or who supply products and services to the industry.
An article about the study on the NWPCA website says, “The study titled ‘Economic Analysis of the U.S. Wooden Pallet and Container Industry’ illustrates the far-reaching positive effects of the industry.”
Key Findings Presented
- Direct or indirect impact on more than 173,000 jobs and generates an economic impact of $31 billion. Total impacts of $35.1 billion to the U.S. economy and employment of 197,300 jobs
- Labor compensation reached $3 billion; robust growth has outpaced job gains, indicating higher average wages
- Direct output exceeded $10.7 billion, the highest level of output since 2007
- Production levels increased 4% per year from 2009-2016, outpacing the overall economy.