Key Takeaways
- In 2023, the U.S. local manufacturing sector employed 12.8 million workers, representing 8.0% of total nonfarm employment, with an average annual wage of $92,450.
- Local construction industry in California added 45,200 jobs in 2022, accounting for 12% of statewide job growth.
- U.S. retail trade sector, dominated by local businesses, had 15.4 million employees in 2023, with 52% in establishments under 50 employees.
- U.S. local manufacturing output reached $2.3 trillion in 2023, up 2.5% from 2022.
- California's local tech hardware production: $150 billion in 2022.
- UK's local food and beverage manufacturing output: £110 billion in 2023.
- U.S. local retail sales totaled $7.1 trillion in 2023.
- New York local services revenue: $1.2 trillion in 2022.
- China local manufacturing SMEs revenue: RMB 50 trillion in 2022.
- U.S. local manufacturing exports hit $1.4 trillion in 2023.
- Germany local machinery exports: €300 billion in 2023.
- Mexico local auto exports: 3.9 million vehicles in 2023.
- U.S. local manufacturing R&D spending: $320 billion in 2023.
- China's local tech patents filed: 1.6 million in 2022.
- Germany's local Industry 4.0 investments: €45 billion in 2023.
Local industries are significant employers and economic drivers worldwide.
Employment
- In 2023, the U.S. local manufacturing sector employed 12.8 million workers, representing 8.0% of total nonfarm employment, with an average annual wage of $92,450.
- Local construction industry in California added 45,200 jobs in 2022, accounting for 12% of statewide job growth.
- U.S. retail trade sector, dominated by local businesses, had 15.4 million employees in 2023, with 52% in establishments under 50 employees.
- In the UK, local service industries employed 25.6 million people in 2022, comprising 78% of total employment.
- Texas agriculture sector provided 1.2 million jobs in 2021, with local farms employing 45% of the workforce seasonally.
- New York City's local tech services firms employed 320,000 workers in 2023, growing 4.1% year-over-year.
- In India, local manufacturing MSMEs employed 110 million people in 2022, contributing 45% to total manufacturing jobs.
- Australian local retail industry sustained 1.2 million jobs in 2023, with independent stores holding 35% share.
- Brazil's local construction sector jobs reached 2.8 million in 2022, up 3.5% from prior year.
- Germany's local automotive parts manufacturing employed 850,000 in 2023.
- Florida's tourism-related local services employed 1.7 million in 2023, 18% of state employment.
- China's local food processing industry jobs totaled 25 million in 2022.
- Ontario, Canada's local manufacturing sector had 784,000 employees in 2023.
- Mexico's local textile industry employed 1.5 million in 2022.
- South Africa's local mining support services jobs: 450,000 in 2023.
- France's local bakery and food retail employed 780,000 in 2022.
- Japan's local electronics assembly firms employed 2.1 million in 2023.
- Illinois U.S. local agriculture jobs: 650,000 in 2022.
- Italy's local fashion manufacturing: 550,000 jobs in 2023.
- Spain's local tourism services: 2.9 million employed in 2023.
- In 2023, U.S. local manufacturing productivity grew 1.8% YoY.
- Local services in EU countries averaged 75% employment share in 2022.
- Brazil local retail jobs: 12 million in 2023.
- Local construction in India employed 75 million in 2022.
- Italy local manufacturing: 4 million jobs in 2023.
- Spain agriculture local workforce: 800,000 in 2022.
Employment Interpretation
Exports
- U.S. local manufacturing exports hit $1.4 trillion in 2023.
- Germany local machinery exports: €300 billion in 2023.
- Mexico local auto exports: 3.9 million vehicles in 2023.
- Canada local agriculture exports: CAD 85 billion in 2023.
- Australia wine exports from local producers: AUD 3.2 billion in 2023.
- Brazil coffee exports local production share: 45 million bags in 2023.
- India textile exports: $40 billion in FY2023.
- France luxury goods local exports: €60 billion in 2023.
- U.S. local services exports: $900 billion in 2022.
- Canada exports local goods: CAD 600 billion in 2023.
- Japan's auto parts local exports: $100 billion in 2023.
- France food exports local: €70 billion in 2023.
- Italy machinery exports: €50 billion from local firms in 2022.
- U.S. agriculture local exports: $180 billion in 2023.
- China's machinery local exports growth: 7.5% in 2023.
Exports Interpretation
Innovation
- U.S. local manufacturing R&D spending: $320 billion in 2023.
- China's local tech patents filed: 1.6 million in 2022.
- Germany's local Industry 4.0 investments: €45 billion in 2023.
- UK's local green manufacturing startups: 1,200 new in 2023.
- India's local biotech innovations: 5,500 patents granted in 2022.
- Japan's robotics local production: 52% global market share in 2023.
- South Korea semiconductor local R&D: $50 billion in 2023.
- France aerospace local innovations: 15% of patents in Europe.
- Texas local energy tech startups: 450 funded in 2023.
- Australia agrotech local patents: 2,100 in 2022.
- U.S. local biotech patents: 65,000 issued in 2023.
- EU local green tech investments: €100 billion in 2023.
- India renewable energy local innovations: 10,000 patents in 2022.
- Brazil agrotech startups local: 1,500 active in 2023.
- Local manufacturing automation adoption: 45% in U.S. factories 2023.
Innovation Interpretation
Production
- U.S. local manufacturing output reached $2.3 trillion in 2023, up 2.5% from 2022.
- California's local tech hardware production: $150 billion in 2022.
- UK's local food and beverage manufacturing output: £110 billion in 2023.
- India's local textile production volume: 5.8 million tons in FY2023.
- Brazil local steel production: 34.5 million metric tons in 2022.
- Germany's chemical manufacturing output: €220 billion in 2023.
- Texas oil and gas local production: 5.3 billion barrels equivalent in 2022.
- Australia's mining production value: AUD 450 billion in FY2023.
- Mexico automotive parts local production: 4.2 million units in 2023.
- France wine production local output: 48 million hectoliters in 2022.
- Local production in Ontario manufacturing: CAD 300 billion in 2023.
- Mexico local food processing output: 250 million tons in 2022.
- South Africa local retail goods production: ZAR 1.2 trillion value in 2023.
- Florida local construction output: $120 billion in 2023.
- UK local agriculture output: £40 billion in 2023.
Production Interpretation
Revenue
- U.S. local retail sales totaled $7.1 trillion in 2023.
- New York local services revenue: $1.2 trillion in 2022.
- China local manufacturing SMEs revenue: RMB 50 trillion in 2022.
- Ontario local construction revenue: CAD 85 billion in 2023.
- Italy local agriculture revenue: €50 billion in 2022.
- Japan retail local chain revenue: ¥150 trillion in FY2023.
- South Korea electronics local manufacturing revenue: $250 billion in 2023.
- Florida local tourism revenue: $105 billion in 2023.
- Spain construction local firms revenue: €140 billion in 2022.
- U.S. local construction revenue: $1.8 trillion in 2023.
- Germany retail local revenue: €600 billion in 2023.
- India services local revenue: INR 200 lakh crore in FY2023.
- Australia construction revenue: AUD 200 billion in 2023.
- Brazil manufacturing local revenue: BRL 2.5 trillion in 2022.
Revenue Interpretation
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