STATE OF MANUFACTURING – Indiana Manufacturing
by Joe Jackson
Marketing & Events Assistant, PMPA
Published July 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!
INDIANA ECONOMIC OUTPUT
Indiana Manufacturing
NAICS 31-33
$104,750,000,000
Fabricated Metal Product Manufacturing
NAICS 332
$16,175,389,000
Precision Turned Product Manufacturing
NACIS 332721
$771,671,000
INDIANA MANUFACTURING ACCOUNTS FOR
Manufacturing Is Productivity – 26.56% of the Indiana total output (GDP)
Manufacturing Builds Businesses – 6,942 manufacturing establishments are in the state of Indiana.
Manufacturing Creates Jobs – Jobs: 17.51% of all Indiana employees are in the manufacturing sector. (546,000 employees)
Manufacturing Earns Export Dollars – Jobs: 17.51% of all Indiana employees are in the manufacturing sector. (546,000 employees)
Manufacturing Drives Economies – Indiana’s output generated by its manufacturing sector is worth more than $150 billion a year to Indiana’s economy.
Manufacturing produces for INDIANA!
- Manufacturing is Indiana’s largest industry.
- Manufacturing is Indiana’s largest GDP producer.
- Manufacturing is the largest contributor to Indiana’s economic output and employment.
Indiana is a great place for a career in manufacturing
- Manufacturing jobs pay on average 36% over the average jobs in Indiana. (according to NAM.org)
- At the beginning of 2022, Indiana had more than 83,000 unfilled manufacturing positions.