From farms and manufacturing plants to trucks on the road and food on store shelves, PepsiCo plays an important role in supporting the interconnected systems that drive the American economy.
An analysis from Oxford Economics shows PepsiCo’s footprint extends far beyond its own workforce – supporting nearly 440,400 jobs nationwide and underscoring the company’s significant impact across supply chains, industries, and communities in all 50 states.
The report, issued this year, reflects data from 2024, the most recent full year of verified data. Other key findings include:
- Employment: PepsiCo’s network directly employed approximately 144,500 people in the U.S. in 2024. For each PepsiCo job, roughly two additional jobs were supported across the broader U.S. economy.
- Industry Reach: PepsiCo supported jobs across critical sectors, including:
- 176,000 manufacturing jobs
- 14,500 agricultural jobs
- 61,800 trade and transportation jobs, including trucking and logistics
The study also finds that PepsiCo’s economic footprint contributed approximately $64.88 billion to U.S. GDP in 2024 – equivalent to about 0.22% of the nation’s total economic output.
Key findings include:
- Income: PepsiCo’s network generated more than $35.7 billion in income for workers in 2024.
- Localised Impact Nationwide: PepsiCo’s local GDP impact exceeded $1 billion in 22 states, with the largest total impacts in Texas, New York, and Illinois and outsized relative impacts across parts of the Midwest and South.
“PepsiCo’s impact and scale reflect how deeply our business is intertwined with the U.S. economy and daily American life,” said Steven Williams, PepsiCo Executive Vice President and Vice Chairman. “From agriculture and manufacturing to transportation and food services, our operations support livelihoods and contribute to economic strength in communities across the country, while our products continue to provide enjoyment and choice for consumers.”
