Economic Contribution of the Lead Battery Industry

The United States is home to a significant amount of lead battery manufacturing, recycling and mining activity. The lead battery industry generates a $26.3 billion economic contribution to the national economy and employs nearly 25,000 people.

Growth in the U.S. Lead Battery Industry

The latest economic impact study by EDR Group found that U.S. lead battery manufacturers and recyclers provided more than $6 billion in labor income and more than $26.3 billion in economic output in 2018.

The study, Economic Contribution of the U.S. Lead Battery Industry, shows how battery manufacturers and recyclers directly support their local economies with employee revenue, as well as multiplier effects.

U.S. lead battery industry economic contribution of jobs in 38 states
The lead battery industry creates manufacturing and recycling jobs in 38 states.

Powering Our Economy

The U.S. lead battery manufacturing and recycling industry employs 24,700 workers, spends $1.7 billion annually on payroll, and generates $10.9 billion in business sales. The average, per-worker salary among lead mining and recycling companies is $98,100; the average, per-worker salary among lead battery manufacturers is $64,000.

Compared to many other private industry sectors, salaries in the lead battery industry are 96% higher for mining and recycling workers, and 28% higher for manufacturing workers.

In addition to direct employees, the industry supports 30,900 supplier jobs in a variety of industries, and an additional 36,600 jobs from worker spending in different industries.

Together the impact is nearly 92,000 jobs.

Beyond job impact, the lead battery industry annually supports nearly:

  • $6 billion in labor income;
  • $10.9 billion in gross domestic product (GDP);
  • $26.3 billion in output or overall economic impact in 2018; and
  • $2.4 billion in government revenue.

These impacts represent the lead battery industry’s contribution to the U.S. economy.

Economic contribution of lead batteries infographic

Economic Contribution in California and Missouri

California

California is home to a significant amount of lead battery manufacturing and recycling activity. The industry directly employs approximately 1,072 workers and spends $195.9 million annually on payroll. In addition to the workers that California’s lead battery industry directly employs, it supports 1,154 supplier jobs and 830 jobs from worker spending in different industries. Together, these impacts total 3,056 jobs plus an additional 77 R&D jobs. Read more in the California study.

Missouri

The lead battery industry delivers $2.5 billion annually in overall economic impact in Missouri, including 3,210 direct jobs and supports 8,150 jobs across the state. Read more in the Missouri study.

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Tim Fister from the Argonne National Laboratory

There's a lot of room for growth in ... lead battery chemistry ... it's something that would really make it even more competitive for things like stationary storage.

Dr. Tim Fister, Materials Scientist, Argonne National Laboratory