{"id":59,"date":"2022-11-21T20:14:11","date_gmt":"2022-11-21T20:14:11","guid":{"rendered":"https:\/\/shiftmfg.com\/index.php\/news\/small-is-the-new-big-2\/"},"modified":"2022-11-21T20:14:11","modified_gmt":"2022-11-21T20:14:11","slug":"small-is-the-new-big-2","status":"publish","type":"news","link":"https:\/\/shiftmfg.com\/news\/small-is-the-new-big-2\/","title":{"rendered":"Is Small the New Big?"},"content":{"rendered":"<p>Small manufacturers are the lifeblood of the manufacturing industry, and while they may be small, their impact is mighty. <\/p>\n<ul>\n<li>\u200d<a href=\"https:\/\/www.nam.org\/powerofsmall\/\" data-rt-link-type=\"external\"><strong>98.6%<\/strong><\/a> of all manufacturing companies in the United States are small businesses<\/li>\n<li>75.3% of manufacturers have fewer than 20 employees<\/li>\n<li>Small manufacturers contributing 11.6% of U.S.economic output. <\/li>\n<li>In 2018, small manufacturers generated <a href=\"https:\/\/www.nam.org\/Newsroom\/Facts-About-Manufacturing\/\" target=\"_blank\" data-rt-link-type=\"external\" rel=\"noopener\"><strong>11.6% of U.S. economic output<\/strong><\/a>.<\/li>\n<li>The top five products made by small manufacturers are related to the following industries: apparel, furniture, fabricated metal, wood, and beverage and tobacco.<\/li>\n<\/ul>\n<p> Small manufacturers are driving the U.S. economy, <a href=\"https:\/\/www.score.org\/blog\/how-small-manufacturing-businesses-drive-us-economy\" target=\"_blank\" data-rt-link-type=\"external\" rel=\"noopener\">click here<\/a> to learn more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Small manufacturers are the lifeblood of the manufacturing industry, and while they may be small, their impact is mighty. \u200d98.6% of all manufacturing companies in the United States are small businesses 75.3% of manufacturers have fewer than 20 employees Small manufacturers contributing 11.6% of U.S.economic output. In 2018, small manufacturers generated 11.6% of U.S. economic [&hellip;]<\/p>\n","protected":false},"template":"","class_list":["post-59","news","type-news","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/shiftmfg.com\/wp-json\/wp\/v2\/news\/59","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shiftmfg.com\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/shiftmfg.com\/wp-json\/wp\/v2\/types\/news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shiftmfg.com\/wp-json\/wp\/v2\/media\/56"}],"wp:attachment":[{"href":"https:\/\/shiftmfg.com\/wp-json\/wp\/v2\/media?parent=59"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}