New Report on Economic and Jobs Impact of Diesel on U.S. Economy

Media Advisory

September 28th Press Conference - National Press Club

WASHINGTON, Sept. 21, 2011 /PRNewswire-USNewswire/ -- Diesel technology is critical to the U.S. economy – the largest economy in the world.  It makes and moves the vast majority of goods and services Americans use in everyday life. 

Diesel producing and reliant sectors of the economy constitute nearly half of the U.S. GDP.  It is also largely "home grown", providing high wage jobs for Americans - adding to the U.S. economy rather than to the nation's trade deficit.

A new report that examines the importance of diesel energy and manufacturing to the U.S. economic and employment sectors will be released at a press conference on September 28th at the National Press Club.  The report -"Diesel Powers the U.S. Economy: Providing High-Paying Jobs, Exports and Long-Term Productivity Gains in the Nation's Fundamental Sectors" - was conducted by Aspen Environmental Group and M.Cubed for the Diesel Technology Forum. 

Report Details Diesel's Economic and Employment Value Throughout U.S. Economy
The report includes detailed information on diesel's economic value and employment impact on the U.S. economy including the following sectors:

• Agriculture
• Construction
• Engine and equipment manufacturing
• Fuel production
• Freight (trucking, railroads, ships and marine vessels)
• Mining
• Passenger cars and light trucks
• Public and school bus manufacturing and transportation

Major U.S. Economic and Employment Factors Examined
The report quantifies the diesel industry's current contribution to the economy and its evolution as a sustainable, green, high value-added industry. Among the economic factors also examined in the report are:

• The synergistic relationship between the nation's economic well-being and the use of diesel technology (The Ceridian-UCLA Pulse of Commerce Index and U.S. Bureau of Transportation Statistics' Transportation Services Index);
• The importance of diesel as a cost-effective and energy-efficient power source for the U.S. economy and future economic growth;
• The 4.5-to-1 positive economic value diesel adds to diesel-reliant industries;
• Diesel's unusual U.S.-based industry that has remained largely "home grown";
• The important of diesel to U.S. military operations and emergency services;
• Diesel's role as a prime source of industrial site, remote and backup power generation.

ABOUT THE DIESEL TECHNOLOGY FORUM
The Diesel Technology Forum is a non-profit national organization dedicated to raising awareness about the importance of diesel engines, fuel and technology. Forum members are leaders in clean diesel technology and represent the three key elements of the modern clean-diesel system: advanced engines, vehicles and equipment, cleaner diesel fuel and emissions-control systems.  For more information visit www.dieselforum.org.

Available Topic Expert: For information on the listed expert, click appropriate link.
Allen Schaeffer -- http://www.profnetconnect.com/allen.schaeffer

Contact:
Steve Hansen
[email protected]
301-668-7230 (o)
202-355-3664 (c)

SOURCE Diesel Technology Forum

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