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Ford HQ Avatar
Ford HQ
26.06.25

What is the Essential Economy?

The Essential Economy — comprising industries like construction, manufacturing, energy, public services, transportation and logistics, and skilled trades — employs 95 million workers across 3 million businesses and drives over a third of the U.S. GDP.

Despite its critical role, this sector faces significant labor shortages and declining productivity, which threaten the nation’s economic growth and resilience.

Urgent collective action is needed to invest in and innovate for these essential workers who keep America running.

What to Read Next

Today, Ford and founding partners at BlackRock, Google, and Carhartt have established the Alliance for America’s Skilled Trades.

Ford Joins BlackRock, Google, and Carhartt to Establish Alliance for America’s Skilled Trades

Jim Farley Avatar
Jim Farley
21.07.26
Jonathan Holmes points to a solar-powered weather reporting station built by students at Ripley Elementary School in Tennessee. The weather station is just one type of project made possible by the school’s Ford Future Builders Lab.

Third Graders Become Engineers Inside This Ford Future Builders Lab

Holbrook Mohr Avatar
Holbrook Mohr
20.08.26
Ford and Bloomberg Philanthropies are announcing a $5 million investment to help Detroit students prepare for high-demand auto technician careers.

The Future of the Auto Industry Relies on Building a Technician Pipeline

Mary Culler and Daniel Justo Avatar
Mary Culler and Daniel Justo
08.06.26