By the numb#rs

Posted on Jul 12, 2019 :: Plant News
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Posted by , Insight on Manufacturing Staff Writer

Added value

For every $1 spent in manufacturing, another $1.82 is added to the economy. That is the highest multiplier effect of any economic sector. In addition, for every one worker in manufacturing, another four employees are hired elsewhere.

On the water

Wisconsin marine manufacturers contribute more than $1 billion in economic output and support more than 3,500 jobs.

On the job

1,800 Number of Wisconsin private sector jobs created in May

17,400 Decline in overall workforce participation from May 2018 to May 2019