JANUARY 2018 Manufacturing in Iowa INSIDE: SECTOR SIZE 2 COMPOSITION 4 AVERAGE EARNINGS 5 EXPORTS 6 RECENT TRENDS 7 STATE RANKINGS 9 COUNTY DEPENDENCE 10 HIGHLIGHTS Iowa is home to approximately 6,080 manufacturing firms. Manufacturing contributed $34.0 billion to Iowa’s economy in 2016, representing 18.4 percent of the state’s total gross domestic product (GDP). Iowa ranks seventh among all states in its percentage of GDP from manufacturing. The manufacturing sector’s 220,989 jobs accounted for 10.6 percent of Iowa’s total employment in 2016. More than half (53.4 percent) of Iowa’s manufacturing jobs are located in its non-metropolitan counties. Earnings from manufacturing jobs account for 12.1 percent of total earnings in Iowa’s metropolitan areas and 24.0 percent of total earnings in non-metropolitan regions. The average manufacturing job in Iowa paid $56,080 in wages and salaries in 2016. Iowa exported $10.35 billion worth of manufactured goods to other countries in 2016.
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Manufacturing in Iowa - CIRAS · 50.6 percent of Iowa’s manufacturing GDP and 58.5 percent of its manufacturing jobs. Nationally, durable goods production accounts for 54.0 percent
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J A N U A R Y 2 0 1 8
Manufacturing in Iowa
I N S I D E :
S E C T O R S I Z E 2
C O M P O S I T I O N 4
A V E R A G E E A R N I N G S 5
E X P O R T S 6
R E C E N T T R E N D S 7
S T A T E R A N K I N G S 9
C O U N T Y D E P E N D E N C E 1 0
H I G H L I G H T S
Iowa is home to approximately 6,080 manufacturing firms.
Manufacturing contributed $34.0 billion to Iowa’s economy in 2016, representing 18.4 percent of the state’s
total gross domestic product (GDP).
Iowa ranks seventh among all states in its percentage of GDP from manufacturing.
The manufacturing sector’s 220,989 jobs accounted for 10.6 percent of Iowa’s total employment in 2016.
More than half (53.4 percent) of Iowa’s manufacturing jobs are located in its non-metropolitan counties.
Earnings from manufacturing jobs account for 12.1 percent of total earnings in Iowa’s metropolitan areas and
24.0 percent of total earnings in non-metropolitan regions.
The average manufacturing job in Iowa paid $56,080 in wages and salaries in 2016.
Iowa exported $10.35 billion worth of manufactured goods to other countries in 2016.
Iowa is home to approximately 6,080
manufacturing firms operating from 6,570
physical establishments throughout the state.
A large fraction of Iowa’s manufacturing
firms are small proprietorships or
partnerships with no paid employees
other than the principals. Known as
“nonemployer firms,” these
establishments comprise 50 percent of
Iowa’s manufacturing firms.
45 percent of Iowa’s manufacturing firms
are owned by small or medium-sized
enterprises (SMEs) with fewer than 500
paid employees.
Large manufacturing enterprises, with
500 or more employees, account for 5
percent of Iowa’s manufacturing firms. Source: U.S. Census Bureau
N U M B E R O F F I R M S
Page 2 M A N U F A C T U R I N G S E C T O R S I Z E
G R O S S D O M E S T I C P R O D U C T
Source: U.S. Bureau of Economic Analysis
Note: Agriculture and natural resources industries include production agriculture, agricultural services, forestry, fishing, hunting, and mining. Activities such as grain processing,
ethanol production, meat slaughtering and processing, agricultural chemical and fertilizer production, and agricultural equipment manufacturing are classified within the manufac-
turing sector, per national industrial accounting standards. The financial activities sector includes finance, insurance, and real estate industries.
Gross domestic product (GDP) measures
the contributions of labor and capital to
the market value of goods and services
produced in a state. The total GDP for
Iowa’s industries in 2016 was $185.2
billion.
The manufacturing sector contributed
$34.0 billion to Iowa’s economy in 2016,
representing 18.4 percent of the state’s
total GDP. Iowa ranks seventh among all
states in the percentage of GDP derived
from the manufacturing sector.
When measured by GDP size,
manufacturing ranks second among
Iowa’s major economic sectors.
Manufacturing ranks fifth in GDP size
among major economic sectors
nationally.
N U M B E R O F I O W A M A N U F A C T U R I N G F I R M S B Y
E M P L O Y M E N T S I Z E O F T H E P A R E N T E N T E R P R I S E
P E R C E N T A G E O F I O W A G D P B Y M A J O R S E C T O R
3,040
1,005
499398
569
267 305
1–4 5–9 10–19 20–99 100–499 500+
NonemployerFirms
Small to Medium Enterprises (SMEs) LargeEnterprises
18.4%
2.1%
2.1%
2.9%
4.6%
5.2%
6.2%
7.5%
11.2%
15.7%
24.1%
Other services
Information
Leisure and hospitality
Construction
Agriculture and natural resources
Professional and administrative services
Education and health services
Government
Trade, transportation, and utilities
Manufacturing
Financial activities
Iowa’s manufacturing sector had
220,989 jobs in 2016, accounting for
10.6 percent of the state’s total
employment. In the United States,
manufacturing accounted for 6.8
percent of total employment.
Measured by employment size,
manufacturing ranks fourth among
Iowa’s major economic sectors. In the
United States, manufacturing ranks
seventh among major sectors.
More than half (53.4 percent) of Iowa’s
manufacturing jobs are located in non-
metropolitan areas. By county,
manufacturing employment was highest
in Linn (18,405 jobs), followed by Polk
(17,431 jobs).
E M P L O Y M E N T
10.6%
1.3%
5.3%
5.3%
5.8%
8.1%
9.1%
9.7%
13.0%
13.0%
18.8%
Information
Other services
Agriculture and natural resources
Construction
Leisure and hospitality
Professional and business services
Financial activities
Manufacturing
Government
Education and health services
Trade, transportation, and utilities
Page 3 M A N U F A C T U R I N G S E C T O R S I Z E
P E R C E N T A G E O F I O W A J O B S B Y M A J O R S E C T O R
N U M B E R O F M A N U F A C T U R I N G J O B S B Y C O U N T Y
Source: U.S. Bureau of Economic Analysis
Note: These employment statistics count the number of full-time and part-time jobs, as opposed to the number of employed persons.
Dickinson
2,131Allamakee
1,165
Winneshiek
1,462
Howard
1,358
Osceola
397
Emmet
806Kossuth
1,375
Lyon
699 Mitchell
845
Winnebago
800
Worth
430
Sioux
5,371O'Brien
662
Cerro
Gordo
2,631
Hancock
3,627
Clay
874
Palo
Alto
468
Chickasaw
1,290Floyd
1,286
Fayette
652
Clayton
1,098Cherokee
722
Plymouth
2,528
Buena
Vista
3,326
Pocahontas
517Wright
1,448Franklin
871
Humboldt
1,044 Butler
999
Bremer
1,828
Dubuque
9,327Delaware
1,777Webster
2,468
Buchanan
1,385
Black
Hawk
15,672Woodbury
5,475
Ida
1,243Sac
497Calhoun
111Hamilton
732Hardin
660
Grundy
378
Jackson
954Benton
723
Linn
18,997Tama
430
Jones
1,032Monona
107Crawford
2,458
Carroll
1,258Marshall
4,961
Boone
651Greene
711
Story
4,570Clinton
4,887Cedar
686Harrison
399Shelby
601Dallas
2,104Polk
17,827
Audubon
242
Guthrie
190
Jasper
2,256
Iowa
4,385Poweshiek
1,856Johnson
5,634
Scott
12,047
Muscatine
7,555
Warren
586
Madison
330Washington
1,098
Keokuk
188Mahaska
1,623
Marion
6,407
Pottawattamie
4,856Cass
752Adair
450 Louisa
1,416
Jefferson
1,048 Henry
2,190
Wapello
3,498
Clarke
1,130
Monroe
1,333
Lucas
166
Mills
246Montgomery
691Adams
186
Union
1,666 Des
Moines
4,956Fremont
899Page
1,047
Van
Buren
648
Taylor
556
Davis
238
Ringgold
48
Decatur
136
Appanoose
925
Wayne
539Lee
4,574
Number of jobs
Below 500
500 - 2,500
More than 2,500
I O W A ’ S D I V E R S E M A N U F A C T U R I N G S E C T O R
Page 4 M A N U F A C T U R I N G S E C T O R C O M P O S I T I O N B Y I N D U S T R Y
2015 GDP Location
($ mill ions) GDP Jobs Establishments GDP Jobs Establishments Quotient