United States Steel Corporation (US Steel) has released the findings of its latest economic impact report for Pennsylvania, which show a total economic impact of $5.6 billion.
The analysis, conducted by Parker Strategy Group, shows that in the Fiscal Year 2024, US Steel also supported 13,687 jobs and contributed $216m in total.
David B. Burritt, CEO of US Steel, said: “Pennsylvania is where U. S. Steel was built and where we continue to invest. We are not just participating in Pennsylvania’s economy; we are helping to power it.
“A $5.6 billion economic impact reflects the steady foundation of our operations—jobs, suppliers, and sustainable steelmaking that strengthens communities across the Commonwealth—alongside continued investment for long-term competitiveness.”
The $5.6 billion figure represents roughly 0.6% of Pennsylvania’s GDP.
With its headquarters and historic operations in Pittsburgh, U. S. Steel continues to build on its legacy as a cornerstone of Pennsylvania’s economy.
