Connecticut Manufacturing Coalition

Connecticut Manufacturing by the Numbers

Connecticut Manufacturers

• In 2007, there were 5,233 manufacturing companies in Connecticut.
• On average, there are 23 more employees in a manufacturing company than in an average employment site in Connecticut (2007).
• 90% of all “high tech” industries identifi ed by the federal government are in the manufacturing sector.

Manufacturing Employment

• In 2007, there were 191,400 employees in Connecticut’s manufacturing sector; this represents 13.3% of all private, non-farm employees in Connecticut.
• In the U.S., nearly 3.7 million manufacturing jobs were lost between 1990 and 2007; Connecticut lost nearly 109,000 in that same period.

Manufacturing Wages & Taxes

• In Connecticut, from 2000 to 2007, the average manufacturing wage increased from $54,488 to $69,360.
• Connecticut’s average manufacturing wages in 2007 were slightly more than 17%, or $11,742, above the average wage for all industries.
• Manufacturers in Connecticut paid $171 million in sales and use taxes.
• Manufacturing employees paid nearly $580 million in personal income taxes in 2006 (rate of 3% on total earnings.)

Manufacturing Productivity

• In 2007, productivity per employee in Connecticut’s manufacturing sector was $137,139.
• Connecticut’s manufacturing sector was 4th most productive of all 50 states in 2007.
• Between 1997 and 2007, productivity in the manufacturing sector in Connecticut increased by nearly $51,000, while all other industries saw an increase of only $8,100.
• Productivity in Connecticut’s manufacturing sector was 24% higher than the rest of the national manufacturing sector and productivity in Connecticut’s manufacturing sector was 42% higher than the rest of the state’s economy in 2007.
• Manufacturers in Connecticut invested $1.26 billion in new capital in 2006.
• Manufacturers in Connecticut sold (shipped) $51.8 billion worth of product in 2006.
• Manufacturing commodities accounted for 82.4% of all state exports in 2007.
• Connecticut’s manufacturers purchased more than $28 billion worth of goods and services from other Connecticut businesses including $13.6 from the non-manufacturing sectors.

Manufacturing Share of the Connecticut Gross Domestic Product

• In 2007, the gross domestic product of manufacturing companies in Connecticut was $27.4 billion or 14% of all non-government Connecticut value added; in 1997, the GDP was 15.9%.

Source: Connecticut Economic Resource Center (CERC)

If Connecticut had kept the 53,891 manufacturing jobs it lost between 1997 and 2007, it would equal:

• A total additional $20 billion in total manufacturing sales in 2007.
• An additional $30 billion in total sales from all industries in 2007.
• An additional 79,000 total non manufacturing jobs in 2007.
• An additional 132,000 jobs in Connecticut in 2007.
• An additional $4.5 billion in manufacturing employee compensation in 2007.
• An additional 3.6 billion in employee compensation in the non-manufacturing sector in 2007.
• An additional $7.8 billion in Connecticut’s gross domestic product from the manufacturing sector in 2007.
• An additional $14.2 billion in Connecticut’s gross domestic product in 2007.
• An additional $6.4 billion in gross domestic product from Connecticut’s non manufacturing sector in 2007.

For each $1 million in increased sales in the manufacturing sector, we would see:

• 2.5 jobs associated directly with those sales.
• About 1 other manufacturing job indirectly associated with those sales.
• Nearly 5 other jobs associated with the indirect and income effects from those sales.
• A total of 8.3 Connecticut jobs associated with those sales.
• An additional $935,500 in sales. $615,475 in the non manufacturing sectors.
• An addition $585,197 in income for the state.
• An additional $341,582 in income indirectly related to the increase of 1 million in sales.
• Each $1 million in manufacturing sales in Connecticut requires a purchase of $369,567 from Connecticut companies.