Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2018)
$30.78
(Percent share of total gross state product)
11.23%
Manufacturing Firms in Connecticut (2017)
3,796
Connecticut Manufacturing Facts
Manufacturers in Connecticut account for 11.23% of the total output in the state, employing 9.50% of the workforce. Total output from manufacturing was $30.78 billion in 2018. In addition, there were an average of 161,000 manufacturing employees in Connecticut in 2019, with an average annual compensation of $98,150.10 in 2018.
Employment and Compensation
Manufacturing Employment (2019)
161,000
(Percent share of nonfarm employment)
9.50%
Average Annual Compensation (Manufacturing, 2018)
$98,150.10
(Nonfarm Businesses, 2018)
$58,690.80
Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau
Figure 1
Figure 2
Figure 3
Connecticut Export Facts
Manufacturers help to drive Connecticut’s economy, with $14.99 billion in manufactured goods exports in 2019. That same year, $4.01 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 27.40% of its employment stemmed from exports in 2011. Small businesses comprised 89.00% percent of all exporters in Connecticut.
Manufacturing Exports
Manufactured Goods Exports ($billions, 2019)
$14.99
(Percent share of total goods exports)
92.03%
Growth in Manufactured Goods Exports (2010–2019)
6.85%
U.S. Jobs Supported by Goods Exports (2016)
64,106
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
27.40%
Small Business Share of Total Exporters (2015)
89.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2019)
$4.01
(Percent of total exports, 2019)
26.77%
Total Manufactured Goods Exports to Canada and Mexico (USMCA, 2019)
$2.53
Top Five Export Markets (Percent of total manufactured goods exports, 2019)
16.91%
Germany
16.08%
France
12.22%
Canada
11.63%
United Kingdom
9.25%
China
8.09%
Sources: International Trade Administration, U.S. Census Bureau
Figure 4
Additional Trade Facts
- The 20 U.S. FTA partners purchased 48.3% ($659.49 billion) of U.S. manufactured goods exports in 2019 – 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.