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Connecticut Manufacturing Facts

  • Manufacturing jobs are still higher paying - more than 20% higher - than those in construction, services and retail. And manufacturers are leaders in Employee training.

In 2003, average total compensation in manufacturing in the U.S. was nearly $63,000 per year vs. an average of $51,000 in the remainder of the economy.

Source: U. S. Department of Commerce/National Association of Manufacturers

 

  • Manufacturing today is cleaner, more interesting and technology-driven.

The three largest manufacturing industries in the U.S. today are chemicals, industrial machinery and equipment and electronics. Fifty years ago they were food, primary metals and motor vehicles.

Source: National Association of Manufacturers

  • Connecticut is the 20th most intense manufacturing state in the U.S., with more than 5,500 manufacturing firms.

Source: Commerce Department, Census Bureau

 

  • The main beneficiary of the e-business revolution has been manufacturing.

In 2001 nearly one fifth of manufacturing shipments were e-business transactions, vs.10% for wholesale and 1% for retail.

Source: U. S. Department of Commerce/National Association of Manufacturers

 

  • Connecticut exports have grown to $8.6 billion in 2004 from $5.2 billion in 1990.

Source: UMass Miser

 

  • Connecticut manufacturing workers are, on average, 13.3% more productive than the average U. S. manufacturing worker.

Source: U.S. Bureau of Labor Statistics

 

  • Since 1977, Connecticut manufacturers have more than tripled annual new capitol investments in their facilities, from $566 million to $1.769 billion in current dollars.

Source: Fedstats

 

  • This decade will see more prolific use of technologies, including Web-based applications, online collaboration tools and wireless telematics that transform manufacturing with greater interaction between customers and suppliers, and between the front office and the factory floor.

Source: National Association of Manufacturers

 

  • Over the past two decades, manufacturing productivity gains have been double that of other economic sectors. These gains have helped Americans to compete and keep our wages high.

Source: National Association of Manufacturers

 

  • Manufacturing output has a history of outperforming the rest of the economy.

While U. S. economic growth increased at an average annual rate of 3.6% between 1992 and 2000, manufacturing's share grew 4.5% per year.

Source: National Association of Manufacturers

Surveys of Manufacturers

 

 

 

 


The Regional Center for Next Generation Manufacturing is funded through a grant from the National Science Foundation Advanced Technology Education program. Copyright 2005. All rights reserved.