Precision turned product manufacturing (NAICS 332721)
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DID YOU KNOW?
Michigan, California and Illinois accounted for 30% of employment in this industry in 2007.
KEY INDUSTRY STATISTICS
Compare your business to industry averages.
|1997||2002||2007||02-07 % Chg|
|Number of establishments||2,745||2,885||3,355||16.3%|
|Value of shipments ($ Millions)||8,305||8,718||14,883||70.7%|
|Annual payroll ($ Millions)||2,630||2,805||4,180||49.0%|
|Value of shipments per establishment ($1,000)||3,025||3,022||4,436||46.8%|
|Value of shipments per employee ($1,000)||104||115||152||32.6%|
|Value of shipments per $ of payroll||3.2||3.1||3.6||14.6%|
|Payroll per employee ($)||32,780||36,855||42,637||15.7%|
|Employees per establishment||29.2||26.4||29.2||10.7%|
|Value of shipments per capita ($)||31||30||49||63.0%|
|Population per establishment||97,082||99,732||89,803||-10.0%|