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Manufacturing is vital, essential, critical. Manufacturing is progressive, innovative, high tech.
Do you need information about manufacturing in New York State or beyond? Contact us for information such as:
- Manufacturers in New York
- Manufacturing employment numbers
- Reference articles
Manufacturing accounts for 10.5% of all jobs in New York State. Manufacturing supports New York. The Manufacturers Association supports manufacturers.
Manufacturing Fast Facts
Real output of manufacturing in the United States has been growing at an annual pace of almost 4% since 1991, faster than overall GDP growth. (Source: The Economist, October 2006)
According to economists, each industrial job indirectly creates two or more other jobs in supplier firms, in companies that sell goods or services to workers and their families, and in government, varying from region to region based on pay, benefits, and other factors. The national average job multiplier of one manufacturing job is 2.34 jobs created in other sectors – Upstate New York is even higher, at 2.67. (Source: The Public Policy Institute of New York)
Measured in constant prices, the share of manufacturing in GDP has been broadly unchanged in America, and in developed countries as a whole, since 1980. (Source: The Economist, October 2006)
Manufacturing productivity begin to pull ahead of overall productivity twenty years ago, doubling since 1980. We can directly trace the low inflation economy of the 1990s to these leaps in productivity that originated in manufacturing. (Source: NAM)
Manufacturing jobs pay about $54,000 a year, with benefits, 20 percent more than the average compensation in the United States. (Source: NAM)
Manufacturing contributes 62% of the R&D in the country, while the service sector contributes only 38% of the R&D. (Source: NAM)
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