STATE OF MANUFACTURING – Wisconsin Manufacturing
by Joe Jackson
Marketing & Events Assistant, PMPA
Published May 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!
WISCONSIN ECONOMIC OUTPUT
Wisconsin Manufacturing
NAICS 31-33
$64,880,000,000
Fabricated Metal Product Manufacturing
NAICS 332
$15,223,624,000
Precision Turned Product Manufacturing
NACIS 332721
$769,376,000
WISCONSIN MANUFACTURING ACCOUNTS FOR
Manufacturing Is Productivity –19% of Wisconsin’s total output (GDP)
Manufacturing Builds Businesses – 9,754 manufacturing establishments in the state of Wisconsin
Manufacturing Creates Jobs – Jobs: 17% of all Wisconsin employees are in the manufacturing sector. (475,300 employees)
Manufacturing Earns Export Dollars – Wisconsin manufactured goods exports were valued at $23.71 billion last year.
Manufacturing produces for WISCONSIN!
- Manufacturing is Wisconsin’s largest industry
- Manufacturing is Wisconsin’s largest GDP producer and the source of their largest exports.
- Fabricated Metal Manufacturing is the 3rd largest sector in Wisconsin’s manufacturing economy.
Wisconsin is a great place for a career in manufacturing
- Manufacturing jobs pay, on average, 45% more than the average job in Wisconsin with an average salary of $79,864 per year.
Sources: NAM.org, IndustrySelect.com, US Census, wicmp.org
Data selected to show relative values. May not be directly comparable due to differences in sampling, analysis, or date obtained.