STATE OF MANUFACTURING – Arizona Manufacturing
by Joe Jackson
Marketing & Events Assistant, PMPA
Published September 1, 2023
Fabricated Metal Products Manufacturing is a subsector of manufacturing that makes critical goods from metal components.
Precision Turned Products Manufacturing is a subsector of fabricated metal product manufacturing that makes the components that MAKE IT WORK!
ARIZONA ECONOMIC OUTPUT
Arizona Manufacturing
NAICS 31-33
$37,600,000,000
Fabricated Metal Product Manufacturing
NAICS 332
$4,638,635,000
Precision Turned Product Manufacturing
NACIS 332721
$157,163,000
ARIZONA MANUFACTURING ACCOUNTS FOR
Manufacturing Is Productivity – 8.51% of the Arizona’s total output (GDP)
Manufacturing Builds Businesses – 4,051 manufacturing establishments are in the state of Arizona.
Manufacturing Creates Jobs – Jobs: 6.05% of all Arizona employees are in the manufacturing sector. (182,000 employees)
Arizona has added 14,100 jobs in manufacturing over the last year, a growth rate of 7.8%, more than double the U.S. rate of 3.7%
Manufacturing produces for ARIZONA!
- Manufacturing is the fifth largest GDP producer in Arizona, but since 2015 has shown a growth rate of 6.5%, which is double the U.S. Manufacturing growth rate.
- Fabricated metals is the fourth largest manufacturing sector in Arizona.
Arizona is a great place for a career in manufacturing
- Manufacturing jobs pay on average 32% over the average jobs in Arizona. (according to NAM.org)
- At the end of 2022, more than 11,000 manufacturing jobs are unfulled in Arizona.