Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2021)
(Percent share of total gross state product)
Manufacturing Firms in Massachusetts (2019)
Manufacturers in Massachusetts account for 9.72% of the total output in the state, employing 6.71% of the workforce. Total output from manufacturing was $56.14 billion in 2021. In addition, there were an average of 240,000 manufacturing employees in Massachusetts in December 2021, with an average annual compensation of $115,249.34 in 2021.
Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau
Manufacturers help to drive the Massachusetts economy, with $30.89 billion in manufactured goods exports in 2021.
Sources: International Trade Administration, U.S. Census Bureau