Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2019)
$29.66
(Percent share of total gross state product)
10.31%
Manufacturing Firms in Connecticut (2017)
3,796
Connecticut Manufacturing Facts
Manufacturers in Connecticut account for 10.31% of the total output in the state, employing 9.94% of the workforce. Total output from manufacturing was $29.66 billion in 2019. In addition, there were an average of 158,000 manufacturing employees in Connecticut in 2020, with an average annual compensation of $100,662.10 in 2019.
Employment and Compensation
Manufacturing Employment (2020)
158,000
(Percent share of nonfarm employment)
9.94%
Average Annual Compensation (Manufacturing, 2019)
$100,662.10
(Nonfarm Businesses, 2019)
$60,176.99
Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau
Figure 1
[visualizer id=”689″]
Figure 2
[visualizer id=”691″]
Figure 3
[visualizer id=”693″]
Connecticut Export Facts
Manufacturers help to drive Connecticut’s economy, with $12.71 billion in manufactured goods exports in 2020. That same year, $3.98 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 27.40% of its employment stemmed from exports in 2011. Small businesses comprised 89.00% percent of all exporters in Connecticut.
Manufacturing Exports
Manufactured Goods Exports ($billions, 2020)
$12.71
(Percent share of total goods exports)
92.07%
U.S. Jobs Supported by Goods Exports (2016)
64,106
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
27.40%
Small Business Share of Total Exporters (2015)
89.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2020)
$3.98
(Percent of total exports, 2020)
31.35%
Germany
16.19%
Canada
11.56%
United Kingdom
8.80%
China
8.34%
France
6.87%
Sources: International Trade Administration, U.S. Census Bureau
Figure 4
[visualizer id=”699″]
Additional Trade Facts
- The 20 U.S. FTA partners purchased 48.3% ($659.49 billion) of U.S. manufactured goods exports in 2019 – even though these countries represent only six percent of the world’s population and 10 percent of GDP.
- FTA countries: Australia, Bahrain, Canada, Chile, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Israel, Jordan, Mexico, Morocco, Nicaragua, Oman, Panama, Peru, Singapore and South Korea.