Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2018)
$53.26
(Percent share of total gross state product)
9.39%
Manufacturing Firms in Massachusetts (2016)
6,239
Massachusetts Manufacturing Facts
Manufacturers in Massachusetts account for 9.39% of the total output in the state, employing 6.70% of the workforce. Total output from manufacturing was $53.26 billion in 2018. In addition, there were an average of 244,000 manufacturing employees in Massachusetts in 2018, with an average annual compensation of $101,933.54 in 2017.
Employment and Compensation
Manufacturing Employment (2018)
244,000
(Percent share of nonfarm employment)
6.70%
Average Annual Compensation (Manufacturing, 2017)
$101,933.54
(Nonfarm Businesses, 2017)
$61,980.83
Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau
Figure 1
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Figure 3
Massachusetts Export Facts
Manufacturers help to drive Massachusetts’s economy, with $25.42 billion in manufactured goods exports in 2018. That same year, $8.09 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 30.90% of its employment stemmed from exports in 2011. Small businesses comprised 89.00% percent of all exporters in Massachusetts.
Manufacturing Exports
Manufactured Goods Exports ($billions, 2018)
$25.42
(Percent share of total goods exports)
93.65%
Growth in Manufactured Goods Exports (2010–2018)
2.35%
U.S. Jobs Supported by Goods Exports (2016)
101,223
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
30.90%
Small Business Share of Total Exporters (2015)
89.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2018)
$8.09
(Percent of total exports, 2018)
31.82%
Total Manufactured Goods Exports to Canada and Mexico (NAFTA, 2018)
$4.99
Top Five Export Markets (Percent of total manufactured goods exports, 2018)
19.65%
Canada
10.25%
China
9.88%
Mexico
9.76%
Germany
7.38%
Japan
5.69%
Sources: International Trade Administration, U.S. Census Bureau
Figure 4
Additional Trade Facts
- The 20 U.S. FTA partners purchased nearly 49 percent ($679.46 billion) of U.S. manufactured goods exports in 2018 – even though these countries represent only six percent of the world’s population and 10 percent of GDP.
- FTA countries: Australia, Bahrain, Canada, Chile, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Israel, Jordan, Mexico, Morocco, Nicaragua, Oman, Panama, Peru, Singapore and South Korea.