 Rockefeller's move attracted the attention of Andrew Carnegie and through consolidations, the world’s first billion-dollar cooperation, the United States Steel Corporation, would be founded.In 2011, the economic impact upon America of the steel industry was estimated to contribute $101.2 billion to US GDP and to support 943,045 jobs.It generated $22.9 billion in tax revenues and created seven jobs in the United States economy for every one job created in the steel industry.