How many manufacturing jobs are there in the United States?
In addition, there were an average of 12.8 million manufacturing employees in the United States in 2019, with an average annual compensation of $87,185.18 in 2018. Manufacturers help to drive the United States’ economy, with $1,365.31 billion in manufactured goods exports in 2019.
How will 2020 affect manufacturing?
The events of 2020 have cast a light on how quickly a manufacturing operation can come to a complete standstill or, in some cases, can be revved up to unsustainable levels. Some manufacturers have experienced forced work stoppages or ongoing supply disruptions, driving down capacity utilization rates and impairing productivity.
Are all Big 50 companies based in North America?
All Big 50 companies are based in North America, or if headquartered elsewhere, we account only for their North American operations. Master distributors are not eligible for Big 50 List inclusion. We obtain information for publicly-traded companies based on their annual and quarterly reports, earning statements and company verifications.
How much do manufacturers make a year?
In addition, there were an average of 12,182,000 manufacturing employees in United States in 2020, with an average annual compensation of $83,369.69 in 2019. Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau Manufacturers help to drive United States’s economy, with 1171.367 billion in manufactured goods exports in 2020.