{"id":15306,"date":"2025-10-22T01:33:36","date_gmt":"2025-10-22T01:33:36","guid":{"rendered":"https:\/\/www.findadistributor.com\/news\/?p=15306"},"modified":"2025-10-28T23:36:17","modified_gmt":"2025-10-28T23:36:17","slug":"mhi-oxford-economics-material-handling-report","status":"publish","type":"post","link":"https:\/\/www.findadistributor.com\/news\/mhi-oxford-economics-material-handling-report\/","title":{"rendered":"MHI, Oxford Economics Material Handling Report"},"content":{"rendered":"<p>MHI, in collaboration with Oxford Economics, has released an updated \u201c<em>Handling the US Economy: The Economic Impact of the Material Handling Industry<\/em>\u201d report.<\/p>\n<p>This in-depth analysis explores how the material handling sector contributes to the broader U.S. economy and supports the supply chain infrastructure.<\/p>\n<ul>\n<li>To download the report, please visit <a href=\"http:\/\/www.mhi.org\/hub\/marketintelligence\">mhi.org\/hub\/marketintelligence<\/a>.<\/li>\n<\/ul>\n<p>The report reveals that the industry\u2019s economic impact reaches far beyond the facilities where equipment and technologies are manufactured or designed. Its influence spans multiple sectors, driving job creation, tax revenue, and GDP growth.<\/p>\n<p>In 2018, when MHI and Oxford Economics produced the first ever analysis report, it was reported that the economic contribution of the U.S. material handling industry amounted to more than $173.2 billion in GDP. In 2024, the material handling industry has seen significant growth and now contributes $266 billion to the US GDP, supports more than 1.9 million jobs, and generates $58.3 billion in tax revenues.<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-15437\" src=\"https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-28-at-23.34.18.png\" alt=\"\" width=\"864\" height=\"1066\" \/><\/p>\n<p>The GDP multiplier for the industry is 3.6. This means that for every $100 directly contributed by the industry, an additional $260 is generated elsewhere in the US economy. The jobs multiplier is 3.7, which indicates that for every 10 jobs directly created by the material handling industry, an additional 27 jobs are supported throughout the broader US economy.<\/p>\n<p>The report also highlights notable employment growth within the industry. In 2024, the industry directly employed 502,000 workers\u2014an increase from 402,000 in 2018. Of those, manufacturers represented the largest share at 84% (422,000 employees), followed by dealers at 8.3% (approximately 42,000 employees), and service providers at 7.8% (around 39,000 employees).<\/p>\n<div id=\"attachment_8155\" style=\"width: 1630px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-8155\" class=\"size-full wp-image-8155\" src=\"https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2020\/08\/mhiLogo-2.jpg\" alt=\"\" width=\"1620\" height=\"1080\" srcset=\"https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2020\/08\/mhiLogo-2.jpg 1620w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2020\/08\/mhiLogo-2-768x512.jpg 768w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2020\/08\/mhiLogo-2-1536x1024.jpg 1536w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2020\/08\/mhiLogo-2-400x267.jpg 400w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2020\/08\/mhiLogo-2-345x230.jpg 345w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2020\/08\/mhiLogo-2-440x293.jpg 440w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2020\/08\/mhiLogo-2-578x385.jpg 578w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2020\/08\/mhiLogo-2-488x325.jpg 488w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2020\/08\/mhiLogo-2-570x380.jpg 570w\" sizes=\"auto, (max-width: 1620px) 100vw, 1620px\" \/><p id=\"caption-attachment-8155\" class=\"wp-caption-text\">MHI provides educational, business development, networking and solution sourcing opportunities.<\/p><\/div>\n<p>\u201cThis report highlights the essential role the material handling industry plays in driving economic growth. Beyond providing the equipment and technology that moves and delivers goods, the industry provides valuable support services\u2014including consulting, leasing, and design\u2014that enhance efficiency and generate added value throughout the supply chain and the broader economy,\u201d said John Paxton, Chief Executive Officer of MHI.<\/p>\n<p>\u201cThe insights in this report will help to support your businesses decisions moving forward.\u201d<\/p>\n<ul>\n<li>To download the report, please visit <a href=\"http:\/\/www.mhi.org\/hub\/marketintelligence\">mhi.org\/hub\/marketintelligence<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>MHI, in collaboration with Oxford Economics, has released an updated \u201cHandling the US Economy: The Economic Impact of the Material Handling Industry\u201d report. This in-depth analysis explores how the material handling sector contributes to the broader U.S. economy and supports the supply chain infrastructure. To download the report, please visit mhi.org\/hub\/marketintelligence. The report reveals that&#8230; <a href=\"https:\/\/www.findadistributor.com\/news\/mhi-oxford-economics-material-handling-report\/\" class=\"excerpt-read-more\">Read More<\/a><\/p>\n","protected":false},"author":3,"featured_media":8155,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16,10],"tags":[106,51,12965],"class_list":["post-15306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-homepage-featured","category-news","tag-material-handling","tag-mhi","tag-oxford-economics"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MHI, Oxford Economics Material Handling Report - Find A Distributor Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.findadistributor.com\/news\/mhi-oxford-economics-material-handling-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MHI, Oxford Economics Material Handling Report - Find A Distributor Blog\" \/>\n<meta property=\"og:description\" content=\"MHI, in collaboration with Oxford Economics, has released an updated \u201cHandling the US Economy: The Economic Impact of the Material Handling Industry\u201d report. 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