IDFA continues to demonstrate that the dairy industry has a powerful economic impact – $628 billion in total – on the American economy.
Did you know that dairy also indirectly supports unique industries across the nation, like syrup and flavorings manufacturers? Dairy companies, distributors and retailers support American syrup and flavorings manufacturers in a number of ways.
Nearly 1,000 jobs in the flavorings and syrup manufacturing industry depend on spending by the dairy industry or dairy industry employees. This includes more than 900 manufacturing jobs for people who are making syrups and flavorings used in a wide range of dairy products, from chocolate milk to pistachio ice cream to nearly every cup of yogurt. These jobs are the result of purchases directly paid for by dairy companies.
More than 80 additional jobs for flavorings and syrup workers result from dairy employees and supplier employees purchasing flavorings like chocolate sauce or coffee syrup at local stores.
All told, the dairy industry creates $194.4 million in wages and over $2.9 billion in economic impact for American flavorings and syrup producers.
IDFA is sharing these deep dives into the data of Dairy Delivers®, its economic impact tool, to demonstrate dairy’s economic power and its ripple effect on other American industries.
Members with questions may contact Dave Carlin, IDFA senior vice president of legislative affairs and economic policy, at email@example.com.