The ophthalmic goods industry employed 23,766 people in 2001, including 17,031 production workers, with the remaining workers performing administrative, technical, or managerial duties.
Rural families participated in cottage industry to supplement their income and make use of their skills during agricultural down times. Cottage industry allowed them to work from home, providing flexibility and autonomy in their work schedule.
The number of companies manufacturing fur goods varies. In recent years, there has been a decline in fur production due to growing ethical and sustainability concerns. Some countries have even banned the sale of fur, resulting in a decrease in the number of companies involved in this industry.
Economics often includes the study of how certain groups of people manufacture goods or spend their money. This field analyzes production, distribution, and consumption of goods and services within societies. It explores various factors influencing these economic activities, such as resources, prices, and consumer behavior.
In social studies, goods refer to physical products that are produced and sold in the economy to satisfy people's wants and needs. Goods can be tangible items like food, clothing, or electronics.
People supported slavery indirectly by purchasing goods produced by slaves, investing in industries that relied on slave labor, and turning a blind eye to the inhumane treatment of enslaved people. Additionally, some benefited from the economic advantages that slavery provided, such as lower prices for goods and thriving industries.
By 2001, the average hourly wage for production workers was $14.63, up from $13.40 in 2000.
predominantly populated by relatively small manufacturing operations. Of the 575 establishments involved in producing ophthalmic goods, nearly 75 percent employed fewer than 20 people and more than a third had less than five employees.
Other products within the ophthalmic goods industry include underwater goggles, reading and simple magnifiers, and an ophthalmic lens coating.
About 520 companies in the United States, including 23,766 employees and 17,031 production workers, were involved in manufacturing ophthalmic goods.
With manufacturing or marketing operations in 26 countries, Bausch and Lomb is the dominant company operating in the ophthalmic goods industry.
ophthalmic lenses and frames, sunglasses, industrial eyewear, and contact lenses
Until the 1960s, growth in the ophthalmic goods industry had occurred at a steady, predictable rate, largely dictated by the rate of population growth in the United States.
The advent of contact lenses in the 1950s as a genuine alternative to conventional corrective eyewear, however, contributed most significantly to the growth of the ophthalmic goods industry.
investment required to operate an ophthalmic facility in 1989 was $282,398, a figure that totaled $414,325 by 1997. The average cost for facilities operating in the ophthalmic goods industry reached $2.7 million in 1997, up from $1.3 million in 1989.
This classification includes establishments primarily engaged in manufacturing ophthalmic frames, lenses, contact lenses, and sunglass lenses.
In 1990, shipments of ophthalmic goods totaled $2.27 billion, having risen from $1.28 billion in 1982, though with a slight downturn in the mid-1980s.
339115 (Ophthalmic Goods Manufacturing)