For every one dollar earned, ExxonMobil contributes almost five to U.S. economy in first half of 2011

You may not be surprised to learn that 96% of all domestically manufactured goods are directly touched by the business of chemistry. We’re a $720 billion enterprise, an essential part of every facet of our nation’s economy, and we put hundreds of thousands of Americans to work in good-paying jobs.

And this morning, we can see additional evidence of chemistry’s impact on the economy.

ExxonMobil Corporation, including key subsidiary – and ACC member – ExxonMobil Chemical, was a major contributor to the global economy in the first half of 2011.

At his blog Perspectives, ExxonMobil’s vice president of public and government affairs Ken Cohen writes:

In the first half of 2011, for every dollar that ExxonMobil earned, we contributed almost five dollars to the U.S. economy.

ExxonMobil Chemical boasts a broad portfolio of petrochemical and polymer products that serve as building blocks for a wide range of technologies that improve the lives of Americans and others around the globe.

If you’d like to learn more about the economic benefits chemistry brings to your state, click here.

Photo via Environment News Service

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