The best manufacturing business sector is a powerhouse of economic growth and innovation, as well as a key driver of job creation. The U. S. Bureau of Labor Statistics (BLS) estimates that over 16 million people work in this industry and that it accounts for about 12 percent of national employment. While manufacturing jobs are highly competitive, there are plenty available for those who are ready to take on the challenge! In fact, according to recent data from the BLS, manufacturing jobs grew by 6 percent between May 2016 and May 2019 alone.
The Top Manufacturing Business
Best Manufacturing Business is a broad category, and it encompasses many different types of business. There are food manufacturers such as Hershey’s chocolate, automotive manufacturers such as Ford Motor Company, toy manufacturers like Mattel and Hasbro, electronics companies such as Apple Inc., clothing companies like Gap Inc., medical device makers like Johnson & Johnson, and even financial services institutions such as Vanguard Group Inc. Top Manufacturing businesses employ millions of people in the United States alone and there are over 10 million machine operators alone working in manufacturing jobs!
Now that you have an idea what kinds of manufacturing businesses exist out there, let’s discuss some interesting statistics about these types of firms. On average they employ 447 workers per establishment (that’s one company location) or 22 workers per 100 employees overall.
Top Manufacturing Business In Job Activity
The top manufacturing businesses in the United States are employing more people than ever, according to recent data from the Bureau of Labor Statistics (BLS). The BLS found that there were 3.2 million jobs available in this sector as of June 2019, which is an increase over 2018 by almost 400 thousand new jobs. In fact, these numbers represent some of the highest levels seen since 2000 when the industry was booming during what’s now known as the Great Recession.
In addition to offering a variety of career opportunities and benefits such as health insurance coverage or retirement plans for full time workers who have been with their respective companies for at least one year, many employers offer tuition reimbursement programs where they’ll reimburse employees for fees associated with earning advanced degrees outside their core fields especially if those degrees are related directly back towards helping improve operations within their company.
Top Manufacturing Business Industry
The top manufacturing industry is the largest sector of the economy, accounting for about one-fifth of the U.S. gross domestic product (GDP). The top four manufacturing industries in terms of sales are transportation equipment ($216.4 billion), fabricated metal products ($196.2 billion), machinery ($157.5 billion) and computer and electronic products ($122.1 billion).
In addition to being an important sector of our economy, manufacturing also provides many opportunities for people looking to build a career in business or management related fields such as sales, marketing, finance and accounting while working in highly skilled positions that can pay more than twice as well as other industries such as education or healthcare services.
Top Manufacturing Business Employment
Since manufacturing businesses represent one of the largest contributors to the U.S. economy, it’s important to know what jobs are being created by these companies. So we’ve decided to break down some of our top manufacturing business employment data by state and company in order to better understand where job growth is happening most rapidly within this sector.
The following table contains information on which cities have seen the greatest increases in manufacturing jobs over the past five years:
- City – State (Year Month) – Percentage Increase (Average Annual Growth Rate)
- Houston-TX (2016 10) 36% 2%
- Miami-FL (2016 06) 33% 1%
Conclusion
We hope this guide has helped you determine which top manufacturing business to work for. If you have any questions about the subject or would like more information on how we can help, please contact us at any time.
