STATE OF MANUFACTURING – Illinois Manufacturing

by Joe Jackson

Marketing & Events Assistant, PMPA

Published February 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!

 

Annual Economic Output

Illinois Manufacturing
NAICS 31-33
$106,680,000,000

Fabricated Metal Product Manufacturing
NAICS 332
$21,594,503,000

Precision Turned Product Manufacturing
NACIS 332721
$1,740,553,000

ILLINOIS MANUFACTURING ACCOUNTS FOR

  • 12.05% of the Illinois total output (GDP)
  • 15,803 manufacturing establishments in the state of Illinois.
  • Jobs: 10.1% of the all Illinois employees are in the manufacturing sector. (550,000 employees)
  • Illinois manufactured goods exports were valued at $886 Billion.
  • Employment Multiplier effect: 10 jobs created in manufacturing = 27 jobs

 

Manufacturing is among the largest contributors to Illinois’ economic output and employment.

  • Manufacturing is Illinois’ largest industry.
  • Manufacturing is the Illinois’ largest GDP producer.
  • Manufacturing is the source of Illinois’ largest exports.
  • Fabricated Metal Manufacturing is a major source of growth in the Illinois’ manufacturing sector.

 

These facts show that manufacturing is a great place for a career in Illinois.

  • Manufacturing jobs pay on average 11.7% over the average jobs in Illinois with an average salary of $79,409 per year.

Sources: NAM.org, IndustrySelect.com, Illinois Dept. of Employment Security, USNews.com, Illinois Manufacturing Association, U.S. Census

Data selected to show relative values. May not be directly comparable due to differences in sampling, analysis, or date obtained.

 

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Author

Joe Jackson

Marketing & Events Assistant, PMPA

Email: gro.apmp@noskcajj — Website: pmpa.org.