The 2019 Miscellaneous Manufacturing Market Research Report is an in-depth evaluation of the industry in the United States.
The report is based on extensive and comprehensive business surveys. This report is utilized for a range of strategic purposes, including benchmarking, due diligence, cost cutting, planning, evaluating opportunities, forecasting, streamlining, and gap analysis. The report includes over 100 insightful data sets, such historical and forecasted industry sales, operating expense details, product line breakdown, financial ratios, benchmarks, wages, profitability, organizational analysis, revenue per employee, state statistics, price inflation, consolidation analysis, firm dynamics, pay ranges for different roles, firm size data, employment, and much more.
Industries in the Miscellaneous Manufacturing subsector make a wide range of products that cannot readily be classified in specific NAICS subsectors in manufacturing. Processes used by these companies vary significantly, both among and within industries. For example, a variety of manufacturing processes are used in manufacturing sporting and athletic goods that include products, such as tennis racquets and golf balls. The processes for these products differ from each other, and the processes differ significantly from the fabrication processes used in making dolls or toys, the melting and shaping of precious metals to make jewelry, and the bending, forming, and assembly used in making medical products.
Highlights from the 2019 Miscellaneous Manufacturing Market Research Report:
INDUSTRY SIZE & ATTRACTIVENESS
In 2018, industry sales were $163.1 billion
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Over the past 3 years, the industry has grown at an annual rate of 2.1%
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There are 25,116 companies in the industry
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SALES PER COMPANY
In 2018, the average sales per company was $6.5 million
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INFLATION & PRICING
2019 forecasted inflation is 1.3%
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FINANCIAL RATIO BENCHMARKS
Companies average a Fixed Asset Turnover ratio of 2.6
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Employee productivity is $295,695
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2.6% of expenses are spent on health insurance
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In 2018, industry operating expenses grew 4.8%
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In 2018, payroll per employee was $57,974
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PAYROLL BY STATE
California averages $52,844 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS
7.3% of employees in the industry are in management positions
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JOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $19.6
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The above highlights represent a small fraction of what you will find in this report.
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