Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2019)
$8.37
(Percent share of total gross state product)
4.70%
Manufacturing Firms in Nevada (2017)
1,762
Nevada Manufacturing Facts
Manufacturers in Nevada account for 4.70% of the total output in the state, employing 4.40% of the workforce. Total output from manufacturing was $8.37 billion in 2019. In addition, there were an average of 59,000 manufacturing employees in Nevada in 2020, with an average annual compensation of $69,953.29 in 2019.
Employment and Compensation
Manufacturing Employment (2020)
59,000
(Percent share of nonfarm employment)
4.40%
Average Annual Compensation (Manufacturing, 2019)
$69,953.29
(Nonfarm Businesses, 2019)
$45,719.42
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″]
Nevada Export Facts
Manufacturers help to drive Nevada’s economy, with $9.60 billion in manufactured goods exports in 2020. That same year, $3.26 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 17.40% of its employment stemmed from exports in 2011. Small businesses comprised 87.00% percent of all exporters in Nevada.
Manufacturing Exports
Manufactured Goods Exports ($billions, 2020)
$9.60
(Percent share of total goods exports)
92.74%
U.S. Jobs Supported by Goods Exports (2016)
36,508
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
17.40%
Small Business Share of Total Exporters (2015)
87.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2020)
$3.26
(Percent of total exports, 2020)
33.92%
Switzerland
23.50%
Mexico
16.92%
China
12.84%
Canada
10.61%
Germany
3.62%
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.