Contribution of New-Car Dealerships to the Economies of All 50 States and the United States

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New-car dealerships are found in nearly every community across the country, and are well-known for supporting their local areas through funding for children’s sporting events, local charities, and even assisting with the sale of Girl Scout cookies. Though some may overlook the largeness and importance of this industry, auto dealerships employ more than one million people directly and support over 1.18 million private sector jobs nationwide. These jobs result in more than $143 billion in compensation each year and nearly $19.3 billion in personal tax revenues. This publication highlights the factors that demonstrate the importance of U.S. automotive dealerships and their standing in the national economy, along with an estimate of the industry’s employment and economic contribution to the economies of the 50 states. Furthermore, the report details the upcoming challenges and opportunities new-car dealerships will have to take on in coming years in order to remain competitive with increasing online resources for consumers.