Every Pepsi, Lay’s, Quaker Oats, and Gatorade on a store shelf has a bigger story behind it — one shaped by farmers, PepsiCo associates, and partners across the U.S. who work together to make PepsiCo’s food and drinks ready for people to enjoy.
A report from Oxford Economics spotlights how the journey has an impact across the economy and one of the clearest takeaways is this: PepsiCo is part of the fabric of communities throughout the U.S., and its impact on the U.S. economy extends much further than its facilities or store shelves.
The report reflects data from 2024, the most recent full year of verified data. Here are five additional takeaways from the report:
1. The impact goes far beyond PepsiCo’s own workforce
PepsiCo directly employed about 144,500 people in the U.S. in 2024. It has a presence in all 50 states. When you account for suppliers, farmers, transportation partners, and retailers, that number grew to more than 440,400 jobs supported by PepsiCo across the broader U.S. economy.
For each PepsiCo job, roughly two additional jobs were supported across the broader U.S. economy.
2. PepsiCo’s presence is felt across all 50 states
With deep roots in communities across the United States, PepsiCo supports jobs, local businesses, and economic activity in every state, every day.
PepsiCo's network contributed nearly $65 billion to U.S. GDP in 2024, equal to 0.2% of the country's GDP. PepsiCo’s local GDP impact exceeded $1 billion in 22 individual states.