Economic Impact - $160B Role in the U.S. Economy

 

  Today, the U.S. copper industry:  

  • Supports more than  395,000 direct, indirect and induced jobs  and more than  $160 billion in economic output.  
  • Directly employs more than  65,000 workers  and indirectly supports an additional 330,000 workers.  
  • Directly generates more than $77 billion in economic output and indirectly generates an additional $83 billion in economic output.  
  • Workers directly employed by the U.S. copper industry earn over  $31 billion in wages and benefits.  
  • When all employment supported by the industry is taken into account, these jobs generate nearly  $13 billion in federal, state and local taxes.  
Copper Nation

The Copper Development Association (CDA )  has commissioned an economic impact study  that captures U.S copper jobs, wages, output, and other information on an ongoing basis. The map below provides detailed information on the economic district, click on the map and on the drop-down boxes below to see individual economic impact reports or to see the detailed data tables. 

Critical Copper

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Besides clean energy technologies, several industries including construction, infrastructure, and defense use copper for its unique properties.  
For example, copper is used in pipes and water service lines due to its resistance to corrosion and durable nature. As the Biden Administration plans to replace all of America’s lead water pipes, copper pipes are the best long-term solution.  
Copper’s high electrical conductivity makes it the material of choice for electric wires and cables.Therefore, it is an important part of energy technologies like wind farms, solar panels, lithium-ion batteries, and the grid.
The demand for copper from these technologies is projected to grow over the next decade:

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