STATE OF MANUFACTURING – Minnesota Manufacturing
by Joe Jackson
Marketing & Events Assistant, PMPA
Published November 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!
MINNESOTA ECONOMIC OUTPUT
Fabricated Metal Product Manufacturing
Precision Turned Product Manufacturing
MINNESOTA MANUFACTURING ACCOUNTS FOR
Manufacturing Is Productivity –13.63% of the Minnesota total output (GDP)
Manufacturing Builds Businesses –6,387 manufacturing establishments in the state of Minnesota.
Manufacturing Creates Jobs – 11% of all Minnesota employees are in the manufacturing sector. (320,000 employees)
Minnesota created 64,000 new manufacturing jobs from January 2021 to May 2023, a 5.3% invrease which outpaced most of the Midwest states.
Manufacturing produces for Minnesota!
- Manufacturing is the largest contributor to Minnesota’s economic output.
- Fabricated metals is the fifth largest manufacturing sector in Minnesota.
Minnesota is a great place for a career in manufacturing
- Manufacturing jobs pay on average 28% over the average job in Minnesota. (according to NAM.org)
- 20% of Minnesota’s manufacturing jobs are located in the southern region of Minnesota (Renfield, Chippewa area).
Sources: NAM.org, US Census, Enterpriseminnesota.org, .gov, Statista.com, Axios.com
Data selected to show relative values. May not be directly comparable due to differences in sampling, analysis, or date obtained.