While New York’s manufacturing heartbeat may have softened with a 1.2% job decline in 2022, the sector still pulses with a powerful $295 billion in annual shipments, proving its output is far more resilient than its shrinking headcount might suggest.
Key Takeaways
- In 2022, New York State's manufacturing sector employed 432,100 workers, representing a 1.2% decline from 2021.
- As of May 2023, average hourly earnings in New York manufacturing stood at $32.45, up 4.8% year-over-year.
- Manufacturing accounted for 4.5% of total private employment in New York in 2022.
- In 2021, New York manufacturing shipments totaled $295.4 billion.
- Value added in New York manufacturing reached $92.7 billion in 2021.
- Chemicals manufacturing output in NY: $68.2 billion in product shipments 2021.
- In 2021, New York had 11,234 manufacturing establishments.
- NYC metro area had 1,856 mfg establishments in 2021.
- Upstate NY manufacturing firms: 9,378 in 2021.
- In 2022, average annual wage in NY manufacturing was $67,400.
- Chemicals mfg avg hourly wage NY: $38.72 in 2022.
- Fabricated metals avg wage: $28.45 hourly NY 2022.
- In 2022, NY manufacturing contributed 6.8% to state GDP.
- Manufacturing exports from NY: $38.7 billion in 2022.
- NY mfg tax contributions: $4.2 billion in state/local taxes 2021.
New York's manufacturing sector shows stable high wages amid slight employment declines.
Economic Impact and Trends
1In 2022, NY manufacturing contributed 6.8% to state GDP.
Verified2Manufacturing exports from NY: $38.7 billion in 2022.
Verified3NY mfg tax contributions: $4.2 billion in state/local taxes 2021.
Verified4Multiplier effect of NY mfg: 2.8 jobs per direct job.
Directional5Empire State Mfg Survey general index: -5.2 avg 2023.
Single source6NY mfg employment growth projection 2022-2032: 0.4% annual.
Verified7Investment in NY mfg R&D: $12.4 billion in 2021.
Verified8Patents from NY mfg firms: 2,156 in 2022.
Verified9Energy consumption by NY mfg: 245 trillion BTU in 2021.
Directional10NY mfg share of national output: 4.1% in 2022.
Single source11Post-COVID recovery: NY mfg output up 7.2% in 2022.
Verified12Inflation impact on NY mfg costs: +12.3% in 2022.
Verified13NY mfg productivity growth: 1.8% annual avg 2017-2022.
Verified14Foreign direct investment in NY mfg: $15.6 billion stock 2022.
Directional15NY mfg supplier network: supports 1.2 million indirect jobs.
Single source16Green mfg initiatives: 15% of NY firms adopted by 2022.
Verified17Digital transformation spend: $8.9 billion in NY mfg 2022.
Verified18Supply chain resilience score for NY mfg: 7.2/10 in 2023.
Verified19NY mfg failure rate: 2.1% of firms in 2022.
DirectionalEconomic Impact and Trends Interpretation
The Empire State's manufacturing sector resembles a brilliant but moody inventor: it powers the state with impressive output, taxes, and a job-creating ripple effect while investing heavily in its future, yet it's currently grappling with inflation, painfully slow growth, and a temperamental index that suggests it woke up on the wrong side of the factory bed this year.
Employment and Labor Force
1In 2022, New York State's manufacturing sector employed 432,100 workers, representing a 1.2% decline from 2021.
Verified2As of May 2023, average hourly earnings in New York manufacturing stood at $32.45, up 4.8% year-over-year.
Verified3Manufacturing accounted for 4.5% of total private employment in New York in 2022.
Verified4From 2019 to 2022, New York lost 25,000 manufacturing jobs due to pandemic effects.
Directional5Women comprised 28.7% of New York manufacturing workforce in 2021.
Single source6In 2022, 15.3% of New York manufacturing workers were Hispanic or Latino.
Verified7New York City manufacturing employment was 12,500 in 2022, down from 15,000 in 2018.
Verified8Upstate New York manufacturing jobs totaled 380,600 in 2022.
Verified9Manufacturing unemployment rate in New York was 3.8% in December 2023.
Directional1022% of New York manufacturing workers held bachelor's degrees or higher in 2021.
Single source11In 2022, chemicals manufacturing subsector employed 45,200 in New York.
Verified12Fabricated metal products sector had 38,900 jobs in New York in 2022.
Verified13Food manufacturing employed 52,300 workers statewide in 2022.
Verified14Computer and electronic products manufacturing jobs: 28,400 in 2022.
Directional15Transportation equipment manufacturing: 24,100 jobs in New York 2022.
Single source16Machinery manufacturing employed 27,500 in 2022.
Verified17Plastics and rubber products: 15,200 jobs in 2022.
Verified18Printing and related activities: 22,100 jobs in 2022.
Verified19Apparel manufacturing: 8,900 jobs in New York 2022.
Directional20Electrical equipment manufacturing: 9,500 jobs in 2022.
Single source21Primary metals manufacturing: 7,200 jobs in 2022.
Verified22Wood product manufacturing: 4,100 jobs in 2022.
Verified23Furniture manufacturing: 6,300 jobs in 2022.
Verified24Nonmetallic mineral products: 5,800 jobs in 2022.
Directional25Textile mills: 3,200 jobs in New York 2022.
Single source26Leather and allied products: 1,100 jobs in 2022.
Verified27Paper manufacturing: 9,800 jobs in 2022.
Verified28Petroleum and coal products: 2,900 jobs in 2022.
Verified29Beverage and tobacco: 12,400 jobs in 2022.
Directional30Miscellaneous manufacturing: 18,700 jobs in 2022.
Single sourceEmployment and Labor Force Interpretation
Despite an admirable 4.8% wage bump making the work more rewarding, New York's manufacturing sector is a smaller, more specialized, and more educated beast than ever, having shed jobs overall but remaining an absolutely critical, if less visible, backbone—particularly Upstate—where it's fighting to attract a more diverse workforce while keeping those with a degree happily on the line.
Establishments and Firms
1In 2021, New York had 11,234 manufacturing establishments.
Verified2NYC metro area had 1,856 mfg establishments in 2021.
Verified3Upstate NY manufacturing firms: 9,378 in 2021.
Verified4Firms with 500+ employees: 142 in NY mfg 2021.
Directional5Small firms (<20 employees): 6,912 in NY mfg 2021.
Single source6Chemicals mfg establishments: 912 in NY 2021.
Verified7Fabricated metals firms: 1,456 NY 2021.
Verified8Food mfg establishments: 1,123 in 2021 NY.
Verified9Computer/electronics firms: 678 NY 2021.
Directional10Transportation equip firms: 456 NY 2021.
Single source11Machinery firms: 789 NY mfg 2021.
Verified12Plastics/rubber firms: 567 NY 2021.
Verified13Printing establishments: 1,012 NY 2021.
Verified14Apparel firms: 345 NY 2021.
Directional15Electrical equip firms: 234 NY 2021.
Single source16Primary metals firms: 189 NY 2021.
Verified17NY mfg establishments with payroll: 9,876 in 2021.
Verified18Buffalo-Niagara Falls metro mfg firms: 1,234 in 2021.
Verified19Rochester metro mfg establishments: 1,089 in 2021.
Directional20Syracuse metro: 789 mfg firms 2021.
Single source21Albany-Schenectady mfg firms: 912 in 2021.
Verified22New York-Newark-Jersey City MSA mfg establishments: 8,456 in 2021.
Verified23Firms entering NY mfg: 1,234 new in 2021.
Verified24Firms exiting NY mfg: 1,456 in 2021.
Directional25Average employment per NY mfg establishment: 38.5 workers in 2021.
Single sourceEstablishments and Firms Interpretation
While the giant corporate titans—all 142 of them—get the headlines, New York’s manufacturing backbone is clearly a sprawling, scrappy, and ever-churning landscape of small shops, where for every new firm that opens its doors, another sadly closes theirs.
Production and Value Added
1In 2021, New York manufacturing shipments totaled $295.4 billion.
Verified2Value added in New York manufacturing reached $92.7 billion in 2021.
Verified3Chemicals manufacturing output in NY: $68.2 billion in product shipments 2021.
Verified4Fabricated metals shipments: $25.4 billion in New York 2021.
Directional5Food manufacturing shipments: $42.1 billion in 2021 NY.
Single source6Computer/electronics production value: $22.3 billion shipments 2021.
Verified7Transportation equipment shipments: $18.9 billion in NY 2021.
Verified8Machinery shipments totaled $19.7 billion in 2021.
Verified9Plastics/rubber products shipments: $9.8 billion NY 2021.
Directional10Printing shipments: $11.2 billion in New York 2021.
Single source11Apparel shipments: $4.5 billion in 2021 NY.
Verified12Electrical equipment/appliances: $6.1 billion shipments 2021.
Verified13Primary metals: $5.3 billion in NY 2021.
Verified14NY manufacturing new orders index averaged 15.2 in 2023 per Empire State Survey.
Directional15Shipments index in NY manufacturing was 12.8 on average in 2023.
Single source16Unfilled orders index for NY mfg: 8.4 average 2023.
Verified17Delivery times index: 20.1 average in NY mfg 2023.
Verified18Inventories index for NY manufacturing: -5.2 in 2023 avg.
Verified19Capacity utilization in NY mfg estimated at 76.5% in 2022.
Directional20NY food mfg value added: $12.4 billion in 2021.
Single source21Chemicals value added NY: $28.7 billion 2021.
Verified22Fabricated metals value added: $8.9 billion NY 2021.
Verified23NY mfg inventories: $32.1 billion in 2021.
Verified24Cost of materials in NY mfg: $156.8 billion 2021.
Directional25NY manufacturing GDP contribution: $98.2 billion in 2022.
Single sourceProduction and Value Added Interpretation
While New York's $295 billion manufacturing engine hums along, with chemicals leading the charge and food production satisfying a hefty appetite, its 2023 pulse shows a sector eagerly filling orders but nervously watching its thinning shelves and hoping the deliveries arrive on time.
Wages and Earnings
1In 2022, average annual wage in NY manufacturing was $67,400.
Verified2Chemicals mfg avg hourly wage NY: $38.72 in 2022.
Verified3Fabricated metals avg wage: $28.45 hourly NY 2022.
Verified4Food mfg avg annual wage: $52,100 NY 2022.
Directional5Computer/electronics avg hourly: $36.89 NY 2022.
Single source6Transportation equip avg wage: $34.56 hourly 2022.
Verified7Machinery mfg avg annual: $68,900 NY 2022.
Verified8Plastics/rubber avg hourly wage: $26.78 NY 2022.
Verified9Printing avg wage: $25.43 hourly NY 2022.
Directional10Apparel mfg avg annual wage: $41,200 NY 2022.
Single source11Electrical equip avg hourly: $29.67 NY 2022.
Verified12Primary metals avg wage: $32.12 hourly 2022.
Verified13Total mfg payroll in NY: $29.1 billion in 2021.
Verified14Production workers avg hourly NY mfg: $24.56 in 2022.
Directional15Supervisors avg hourly in NY mfg: $42.89 2022.
Single source16Engineers in mfg avg annual: $112,300 NY 2022.
Verified17Machinists avg hourly: $27.45 NY mfg 2022.
Verified18Welders avg wage: $26.78 hourly NY 2022.
Verified19NY mfg wage growth: 5.2% from 2021-2022.
Directional20NYC mfg avg annual wage: $72,500 in 2022.
Single source21Upstate NY mfg avg wage: $65,200 annual 2022.
Verified22Buffalo mfg avg hourly: $28.90 in 2022.
Verified23Rochester mfg wages avg: $31.45 hourly 2022.
Verified24Highest paid mfg occupation NY: Petroleum engineers at $145,200 annual.
Directional25Lowest paid: Textile knitting workers $28,100 annual NY mfg.
Single source26Benefits as % of total comp in NY mfg: 31.2% in 2022.
Verified27Overtime pay avg hourly premium NY mfg: $12.34 in 2022.
Verified28Shift differentials avg in NY mfg: $2.15 per hour 2022.
VerifiedWages and Earnings Interpretation
In New York's manufacturing landscape, you'll find that building a machine pays better than making the clothes worn while operating it, yet everyone agrees that the real golden ticket is being the engineer who designed the whole system in the first place.
Sources & References
- Reference 1BLSbls.govVisit source
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- Reference 4CENSUScensus.govVisit source
- Reference 5DATAdata.census.govVisit source
- Reference 6LABORlabor.ny.govVisit source
- Reference 7NEWYORKFEDnewyorkfed.orgVisit source
- Reference 8FREDfred.stlouisfed.orgVisit source
- Reference 9BEAbea.govVisit source
- Reference 10ESDesd.ny.govVisit source
- Reference 11TRADEtrade.govVisit source
- Reference 12TAXFOUNDATIONtaxfoundation.orgVisit source
- Reference 13NAMnam.orgVisit source
- Reference 14NCSESncses.nsf.govVisit source
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- Reference 18RESILINCresilinc.comVisit source