#United States #Washington #Economic Impact #Lead Battery #Battery Council International

The Economic Power of the U.S. Lead Battery Industry

A recent analysis has unveiled significant insights into the economic landscape of the U.S. lead battery industry, revealing a contribution of 106,050 jobs and an impressive $35 billion in business output. This report was prepared by EBP US in collaboration with the Battery Council International, which represents manufacturers, recyclers, and suppliers within the energy storage sector.

Job Creation and Economic Output

The data emphasizes the extensive employment opportunities provided by the lead battery sector, with over 106,000 positions spanning full-time and part-time roles across various areas such as manufacturing, recycling, transportation, and logistical operations. The industry not only generates jobs but also substantial economic activity, with the total production value reaching $35 billion. This figure indicates the industry's crucial role in the broader economic ecosystem.

Additionally, lead battery companies report a notable annual income average of $81,600 for workers, higher than the national average of $72,300 across all sectors. Particularly, employees within the battery recycling segment see even greater earnings, averaging around $119,700 annually, demonstrating the financial viability and growth potential within this sector.

Roger Miksad, President and Executive Director of the Battery Council International, remarks on the industry's resilience and ongoing importance, stating, "The domestic lead battery industry is still thriving after more than 100 years of operation, offering good paying jobs in rural communities that prove American manufacturing is alive and well."

Broader Economic Implications

The implications of this study stretch beyond just the lead battery segment, highlighting the extensive effects of battery production across various sectors of the economy. With lead batteries serving a crucial function in powering an array of applications—from automobiles to military equipment—they play an essential role in maintaining and enhancing domestic supply chains. The total downstream economic impact of batteries—including other technologies—exceeds $10 trillion, affecting nearly every aspect of life and industry in the United States.

The aggregate findings present a staggering domino effect with:

• - 54 million jobs linked to or reliant on batteries, meaning roughly 1 in 4 U.S. workers benefit from this sector.
• - $3.6 trillion in total labor income generated across diverse economic sectors due to battery technologies.
• - $10 trillion in battery-related economic output, accounting for about 21% of the overall U.S. economic production.

As Miksad indicates, it is crucial for policymakers to support domestic manufacturers for all types of batteries to ensure that the economic benefits continue to flow back into American communities.

The Future of Battery Manufacturing

The U.S. lead battery industry serves as a model of economic success and sustainability. As the sector approaches its 100th anniversary in 2024, there is a renewed emphasis on innovation and responsible practices.

Battery Council International highlights the significance of embracing a broad range of energy storage solutions. They advocate for a diverse technological landscape, incorporating safer and more advanced alternatives alongside traditional lead batteries, further broadening their economic impact.

The future promises ongoing growth and transformation, positioning the U.S. lead battery industry as an essential pillar of both local economies and the national economic narrative. For more insights, download the full report from the Battery Council International’s website at https://batterycouncil.org/news/new-study-u-s-lead-battery-industry-2025/.