New York State Chemical Alliance

Over 96% of all manufactured goods (consumer, commercial, and industrial) are directly touched by the business of chemistry, meaning the goods contain chemicals essential to creating that specific product, or chemicals were used in the manufacturing process itself.

This makes the chemicals industry an essential part of every facet of the United States' economy. Our industry provides almost one million American workers with high-paying, high-tech jobs that allow them to support their families, including providing them with important benefits like health insurance and retirement options.

The chemicals industry also contributes many billions of dollars in imports and exports across the national and global marketplace. Additionally, chemical companies pay many millions of dollars through a variety of taxes that help support local, State and federal government programs.

The economic importance of our industry cannot be underestimated to the American people at large, and the residents of New York.

Chemistry industry jobs are high-paying. The average wage of a chemistry industry employee in New York is $71,188, which is 25% higher than the average manufacturing wage in the state. These jobs generate $3.07 billion in earnings, $2.5 billion in federal, state and local taxes on personal income, and $1.9 billion in federal Social Security and Medicare contributions. The State and federal income taxes that chemical companies pay on their payrolls help support a wide range of government programs for New York state residents. Chemical companies also pay local property and school taxes as well.

We are proud of the economic contributions we make to the state of New York, as well as the quality of life that our products provide to New York consumers.

Figures provided by the American Chemistry Council, 2011