We’re happy to report that the Center for Automotive Research (CAR) has a new study out that reports the positive employment and economic contribution of Toyota to the U.S. economy. According to CAR, Toyota has a total employment impact of 470,100 jobs, $32.3 billion in private non-farm payroll (0.35 percent of total U.S. private compensation) resulting in $23.6 billion in net disposable income for individuals. Furthermore, each Toyota job creates employment for 6.1 people at suppliers or manufacturing support companies.
The above graphic further illustrates Toyota’s positive economic impact. Click here to view CAR’s complete report.