The toy sector plays a significant role in driving the American economy, contributing an estimated $155.7 billion in total economic impact each year. Around 3 billion toys are sold annually in the United States, fueling approximately $42 billion in retail sales. The industry sustains roughly 661,809 full-time equivalent positions, providing about $41.7 billion in wages to workers nationwide. Additionally, it generates $19 billion in combined state and federal tax revenue annually. n
— news from The Toy Association
— News Original —
Economic Impact Data
The toy industry is a powerful economic engine helping to fuel the U.S. economy with an annual total economic impact of $155.7 billion. The estimated 3 billion toys sold annually in the U.S. generate approximately $42 billion in retail toy sales. The toy industry supports an estimated 661,809 jobs (FTE) generating approximately $41.7 billion in wages for U.S. workers and generates $19 billion in tax revenue (state and federal) each year.