Key Takeaways
- In 2022, New York City had 11,200 manufacturing jobs, representing 0.6% of total private employment
- The manufacturing sector in NYC employed 12,500 workers in 2021, a 2.1% increase from 2020
- Apparel manufacturing in NYC had 4,200 jobs in 2021, accounting for 35% of total manufacturing employment
- NYC manufacturing shipments totaled $12.5 billion in 2021
- Value of shipments per employee in NYC manufacturing was $1.1 million in 2021
- Apparel manufacturing output in NYC reached $3.2 billion in 2021
- NYC manufacturing GDP contribution was $8.7 billion in 2021
- Total revenue for NYC manufacturing firms was $15.2 billion in 2021
- Apparel manufacturing revenue in NYC totaled $4.1 billion in 2022
- Food manufacturing in NYC includes 450 bakeries producing 1.2 million loaves daily
- Apparel segment has 1,200 fashion manufacturers specializing in high-end garments
- Printing industry in NYC features 800 digital printing firms
- NYC manufacturing employment grew 5% from 2018 to 2023
- Apparel manufacturing jobs increased 8% year-over-year in 2022
- Food manufacturing output rose 4.2% in NYC from 2020-2022
New York City's tiny yet thriving manufacturing industry remains a specialized local business.
Economic Impact and Revenue
- NYC manufacturing GDP contribution was $8.7 billion in 2021
- Total revenue for NYC manufacturing firms was $15.2 billion in 2021
- Apparel manufacturing revenue in NYC totaled $4.1 billion in 2022
- Food manufacturing generated $3.5 billion in revenue NYC 2021
- Printing industry revenue in NYC was $1.8 billion in 2022
- Chemical manufacturing revenue reached $1.4 billion in NYC 2021
- Fabricated metal revenue in NYC manufacturing was $1.1 billion 2022
- Machinery revenue totaled $800 million in NYC 2021
- Electrical equipment revenue was $550 million NYC 2022
- Transportation equipment revenue hit $400 million in 2021
- Furniture manufacturing revenue was $500 million NYC 2022
- Miscellaneous manufacturing revenue totaled $900 million in 2021
- Property taxes paid by NYC manufacturing firms were $250 million in 2022
- Sales taxes from manufacturing in NYC amounted to $180 million 2021
- Manufacturing multiplier effect on NYC economy was 2.5x in 2022
- Induced economic impact from manufacturing wages was $3.2 billion 2021
- Venture capital invested in NYC manufacturing startups was $120 million 2022
- Bank loans to NYC manufacturing firms totaled $2.8 billion in 2021
- Manufacturing payroll taxes contributed $450 million to NYC in 2022
- Cost of goods sold for NYC manufacturing was 65% of revenue in 2021
- Gross profit margin in NYC manufacturing averaged 22% in 2022
- Return on assets for NYC manufacturing firms was 8.5% 2021
- EBITDA margin in apparel manufacturing NYC was 12% in 2022
- Total assets of NYC manufacturing companies summed $10.5 billion 2021
- Equity financing raised by NYC manufacturing was $85 million 2022
- Food manufacturing subsector contributed 28% to total manufacturing revenue NYC 2021
- Printing contributed 15% to NYC manufacturing GDP in 2022
- Apparel was 32% of manufacturing revenue in NYC 2021
- Chemicals accounted for 11% of revenue share in 2022
- Metals fabrication revenue share was 9% in NYC manufacturing 2021
Economic Impact and Revenue Interpretation
Employment Statistics
- In 2022, New York City had 11,200 manufacturing jobs, representing 0.6% of total private employment
- The manufacturing sector in NYC employed 12,500 workers in 2021, a 2.1% increase from 2020
- Apparel manufacturing in NYC had 4,200 jobs in 2021, accounting for 35% of total manufacturing employment
- Food manufacturing employment in NYC stood at 2,800 jobs in 2022
- Printing and related support activities employed 1,500 workers in NYC in 2021
- Chemical manufacturing jobs in NYC numbered 900 in 2022
- Fabricated metal product manufacturing had 1,200 jobs in NYC metro area in 2021
- Machinery manufacturing employment in NYC was 650 in 2022
- Electrical equipment manufacturing jobs totaled 450 in NYC in 2021
- Transportation equipment manufacturing had 300 jobs in NYC in 2022
- Furniture and related product manufacturing employed 550 workers in NYC in 2021
- Miscellaneous manufacturing jobs in NYC reached 850 in 2022
- Women comprised 42% of NYC manufacturing workforce in 2021
- Average annual wage in NYC manufacturing was $68,400 in 2022
- 28% of NYC manufacturing workers were Hispanic or Latino in 2021
- Black or African American workers made up 22% of NYC manufacturing employment in 2022
- Asian workers represented 18% of the sector in NYC in 2021
- NYC manufacturing establishments numbered 5,200 in 2021
- Average establishment size in NYC manufacturing was 2.2 employees in 2022
- 15% of NYC manufacturing firms were minority-owned in 2021
- Veteran-owned manufacturing businesses in NYC totaled 450 in 2022
- Union membership in NYC manufacturing was 18% in 2021
- Part-time manufacturing workers in NYC were 12% of total in 2022
- Manufacturing jobs in Brooklyn NYC numbered 4,100 in 2021
- Queens NYC manufacturing employment was 3,500 in 2022
- Bronx manufacturing jobs totaled 1,200 in 2021
- Manhattan had 2,400 manufacturing jobs in 2022
- Staten Island manufacturing employment was 300 in 2021
- NYC manufacturing unemployment rate was 4.5% in 2022
- New hires in NYC manufacturing averaged 1,200 per quarter in 2021
Employment Statistics Interpretation
Industry Segments and Types
- Food manufacturing in NYC includes 450 bakeries producing 1.2 million loaves daily
- Apparel segment has 1,200 fashion manufacturers specializing in high-end garments
- Printing industry in NYC features 800 digital printing firms
- Chemical manufacturing includes 150 firms producing cosmetics worth $800 million
- Fabricated metal products segment has 650 shops focusing on precision parts
- Machinery manufacturing comprises 300 firms making industrial equipment
- Electrical equipment segment includes 200 assemblers of lighting products
- Transportation equipment has 150 bike and small vehicle makers
- Furniture segment features 400 custom woodworkers and upholsterers
- Miscellaneous manufacturing includes 550 toy and novelty producers
- Beverage manufacturing in food segment produced 50 million gallons of craft beer 2021
- Confectionery firms in NYC number 120, producing $500 million chocolate
- Seafood processing plants in NYC total 80, handling 200,000 tons annually
- Textile mills in apparel segment operate 250 facilities for fabrics
- Leather goods manufacturing has 100 tanneries and accessory makers
- Jewelry manufacturing in NYC employs 1,000 goldsmiths in diamond district
- Packaging printing firms number 400 in NYC
- Pharmaceutical compounding labs in chemicals: 90 firms
- Plastic product extruders: 350 companies in NYC metals/plastics
- Medical device assemblers: 120 in electrical segment NYC
- Aerospace parts fabricators: 50 specialized firms
- Sign manufacturing shops: 300 in miscellaneous
- Brooklyn has 60% of NYC's food manufacturing firms
- Queens hosts 40% of apparel manufacturers
- Manhattan dominates printing with 55% of firms
- Bronx specializes in metal fabrication with 70% share
- Staten Island has niche boat manufacturing firms: 20
- Organic food producers in NYC: 200 firms growing 15% yearly
- Sustainable apparel makers: 150 using recycled materials
- Digital fabrication labs: 100 in printing segment
Industry Segments and Types Interpretation
Production and Output
- NYC manufacturing shipments totaled $12.5 billion in 2021
- Value of shipments per employee in NYC manufacturing was $1.1 million in 2021
- Apparel manufacturing output in NYC reached $3.2 billion in 2021
- Food product manufacturing shipments were $2.8 billion in NYC 2021
- Printing output value in NYC was $1.5 billion in 2022
- Chemical products manufactured in NYC totaled $1.2 billion in value 2021
- Fabricated metal products output was $900 million in NYC 2022
- Machinery production value in NYC manufacturing hit $650 million in 2021
- Electrical equipment output reached $450 million in NYC 2022
- Transportation equipment manufacturing output was $300 million in 2021
- Furniture manufacturing shipments totaled $400 million in NYC 2022
- Miscellaneous manufacturing output value was $700 million in 2021
- Total new manufacturing orders in NYC averaged $1.0 billion monthly in 2022
- Inventories in NYC manufacturing stood at $2.1 billion in 2021
- Capacity utilization in NYC manufacturing was 78% in 2022
- Export value from NYC manufacturing was $4.5 billion in 2021
- Import competition affected 25% of NYC manufacturing output in 2022
- Productivity growth in NYC manufacturing was 1.2% annually 2017-2021
- Energy consumption for NYC manufacturing was 1.2 billion kWh in 2021
- Water usage in NYC manufacturing totaled 500 million gallons daily in 2022
- Waste generated by NYC manufacturing was 120,000 tons in 2021
- Recycling rate in NYC manufacturing reached 65% in 2022
- R&D expenditure in NYC manufacturing was $450 million in 2021
- Patents issued to NYC manufacturing firms numbered 250 in 2022
- Production hours worked in NYC manufacturing averaged 18 million annually 2021
- Unit labor costs in NYC manufacturing rose 3.1% in 2022
- Multi-factor productivity in NYC manufacturing grew 0.8% 2021
- Output per hour in food manufacturing NYC was $150,000 in 2022
Production and Output Interpretation
Trends and Growth
- NYC manufacturing employment grew 5% from 2018 to 2023
- Apparel manufacturing jobs increased 8% year-over-year in 2022
- Food manufacturing output rose 4.2% in NYC from 2020-2022
- Printing employment declined 3% annually 2019-2022
- Chemical manufacturing revenue grew 6.5% in 2022 NYC
- Fabricated metals jobs up 2.8% post-COVID in NYC 2021-2023
- Machinery production increased 7% with reshoring 2022
- Electrical equipment firms expanded 10% in NYC 2021-2022
- Furniture manufacturing rebounded 12% in sales 2022
- Miscellaneous manufacturing grew 4% in establishments 2021-2023
- Automation adoption in NYC manufacturing reached 35% of firms by 2023
- Sustainability investments up 20% in NYC manufacturing 2022
- E-commerce integration boosted manufacturing sales 15% 2021-2022
- Supply chain localization reduced imports by 10% in 2023 NYC
- Workforce training programs enrolled 5,000 manufacturing workers 2022
- Startups in advanced manufacturing numbered 50 new in NYC 2022
- Export growth for NYC manufacturing was 9% in 2022
- Pandemic recovery saw 18% output surge in food segment 2021
- Remote work impact reduced on-site manufacturing jobs by 5% 2020-2022
- Inflation adjusted wages rose 4.1% in NYC manufacturing 2022
- Brooklyn manufacturing square footage grew 6% with new spaces 2023
- Queens industrial vacancy for manufacturing fell to 7% in 2022
- Investment in green manufacturing tech hit $200 million 2022 NYC
- Diversity in manufacturing leadership increased to 25% women 2023
- Projected manufacturing jobs growth 3% annually to 2030 NYC
Trends and Growth Interpretation
Sources & References
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