An Economic Contribution Analysis ofAutomobile and Light Duty Motor Authors:Tyler HarpIndustry Analyst, Center for Automotive Research K. Venkatesh Prasad,Ph.D.SVP of Research & Chief Innovation OfficerCenter for Automotive Research About the Authors The Center for Automotive Research (CAR) is an independent, non-profitorganization conducting industry-driven research and analysis. Focusing oncritical areas like Energy & Sustainability, Technology, and Labor, Economics, and Acknowledgments For citations and references to this publication, please use the following: Harp, T.&Prasad,K.(2024).EconomicContribution oftheU.S.AutomotiveIndustry.Center for Automotive Research, Ann Arbor, MI. 880 Technology Drive, Suite C | Ann Arbor, MI 48108 | www.cargroup.org CAR's mission is to inform and advise throughindependent research,education, and dialogue, enabling a more viable and sustainable Table of Contents About the Authors......................................................................................................................................................................2Acknowledgments.....................................................................................................................................................................2Table of Tables................................................................................................................................................................................3Table of Figures.............................................................................................................................................................................3Introduction.....................................................................................................................................................................................4Methodology...................................................................................................................................................................................4Multi-Industry Contribution Analysis...........................................................................................................................5 Table of Tables Table 1. Economic contribution, supported tax revenue..............................................................................6Table 2. Economic contribution, supported employment, labor income, value added,and output........................................................................................................................................................................................8Table 3. Economic contribution, top 10 industries by supported indirect output....................9 Table of Figures Figure 1. Automobile and light duty motor vehicle manufacturing and motorvehicleparts manufacturing direct employment by state...........................................................................................7 Figure 2. Inter-division connectedness: indirect output from inter-division trade andcommuting flows......................................................................................................................................................................10 Introduction Automotive manufacturingis a critical industry in the United States.Thisresearch note examines the economic contribution of automobileand light duty Furthermore,bothautomakers and suppliershaveannounced historicalinvestments in across the United States. These investment announcements aretracked in the CAR Book of Deals, which captures publicautomaker and Methodology To assess the economic contribution of light vehicle manufacturing acrossthe United States, CARconducted a multi-industrycontribution analysisofautomobile and light duty motor vehicle manufacturing and motor vehicle partsmanufacturing1utilizing IMPLAN,an economic input output modelingapplication. This analysis employs amulti-region input-output (MRIO)to modeldirect, indirect, and inducedemployment, labor income, value added, output, The CAR Book of Deals, which trackspublicly announced capitalinvestmentprojects announced by automakers and tracked suppliers across industry. In this research note, CAR hasreviewed capital investments announcedin 2023 captured by the Book of Dealsand summarized the findings by USdivision and region. Book of Dealsdata can be used toas inputs into IMPLANto Multi-Industry Contribution Analysis Automotivemanufacturingis a critical industry in the United States.Encompassingautomobile and light duty motor vehiclemanufacturing, as wellas motor vehicle parts manufacturing including motor vehicle electrical andelectronic equipment, gasoline engine and engine parts, metal stamping, Automotive manufacturingin the USsupports nearly $100 billion in local,state, andfederaltax revenue.Across the nation, thisindustry contributes most Table1shows thetotal local, state, and federaltax revenue supported by The automotive manuf