What types of manufacturers are based in Oregon? How many people work in manufacturing?
When we think of manufacturing, we generally think of large companies like Intel. It might also be surprising to learn that many of Oregon’s 5,000 plus manufacturing companies are on the smaller size – 20 or fewer employees. These small businesses are powerful engines in our economy.
Roughly 190,000 people work at manufacturing companies across the state. Our top 5 industry sectors are computer and electronic component manufacturing, food manufacturing, wood product manufacturing, fabricated metal, and machinery manufacturing.
What kind of influence do manufacturing companies have on Oregon’s economy?
It’s surprising to most people that Oregon’s economy is the first or second highest in dependence on manufacturing. 25% of Oregon’s Gross State product is in manufacturing – that ranks up with Indiana.
Collectively Oregon manufacturing output was 49 billion in 2016. Across the whole US that figure is $2.18 trillion.
For every $1.00 spent in manufacturing in the United States, another $1.81 is added to the economy. That is the highest multiplier effect of any economic sector.
What IS A Manufacturer?