The American Consumer is the largest consumer market in the World

by Innovate | Nov 25, 2020 | Latest, News

We all can agree that 2020 has been a challenging year. The unforeseen wave of the COVID-19 pandemic coupled with the divided political environment has most American Manufacturing companies unsure what the future brings. With Thanksgiving around the corner, I wanted to remind American Manufacturers what they can be Thankful for today!

The American consumer market is by far the largest consumer market in the world representing $17 trillion dollars and 70% of Americas GDP. No other country is even close with European market at $8 trillion, China at $5.3 trillion and Japan at $3 trillion.