News International Sugar Journal

US ethanol industry created over 380,000 jobs and $43 billion in GDP [Registered]

Despite the fact that 2012 was challenging for America’s farm economy, domestic ethanol production reached an estimated 13.3 billion gallons. According to analysis conducted by Cardno-ENTRIX and commissioned by the Renewable Fuels Association, the production of the estimated 13.3 billion gallons of ethanol directly employed 87,292 Americans. An additional 295,969 Americans found work in positions indirectly affiliated with or induced by ethanol production. These 383,260 total jobs helped create $30.2 billion in household income and contributed $43.4 billion to the national Gross Domestic Product (GDP). Last year’s ethanol production helped displace 465 million barrels of imported oil worth $47.2 billion.…

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