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DEFINITION
This measure of manufacturing activity is derived by subtracting the cost of materials, supplies, containers, fuel, purchased electricity, and contract work from the value of shipments (products manufactured plus receipts for services rendered). The result of this calculation is adjusted by the addition of value added by merchandising operations (i.e., the difference between the sales value and the cost of merchandise sold without further manufacture, processing, or assembly) plus the net change in finished goods and work-in-process between the beginning- and end-of-year inventories.
Per $ GDP figures expressed per 100,000 $ gross domestic product.
Industry Statistics > Leather & allied product manufacturing > Value added (per $ GDP) (most recent) by state
Showing latest available data.
| Rank |
States
|
Amount
(top to bottom)
|
| #1 | Maine: | $426.23
per $100,000 of GDP | |
| #2 | Arkansas: | $97.27
per $100,000 of GDP | |
| #3 | Wisconsin: | $53.10
per $100,000 of GDP | |
| #4 | Missouri: | $51.61
per $100,000 of GDP | |
| #5 | Tennessee: | $42.77
per $100,000 of GDP | |
| #6 | Illinois: | $39.93
per $100,000 of GDP | |
| #7 | Pennsylvania: | $33.34
per $100,000 of GDP | |
| #8 | Michigan: | $25.26
per $100,000 of GDP | |
| #9 | Texas: | $17.79
per $100,000 of GDP | |
| #10 | Ohio: | $16.08
per $100,000 of GDP | |
| #11 | New York: | $13.94
per $100,000 of GDP | |
| #12 | Florida: | $8.64
per $100,000 of GDP | |
| #13 | Minnesota: | $4.42
per $100,000 of GDP | |
| #14 | Massachusetts: | $0.29
per $100,000 of GDP | |
| #15 | California: | $0.17
per $100,000 of GDP | |
| |
Weighted average: |
$55.39
per $100,000 of GDP |
|
DEFINITION: This measure of manufacturing activity is derived by subtracting the cost of materials, supplies, containers, fuel, purchased electricity, and contract work from the value of shipments (products manufactured plus receipts for services rendered). The result of this calculation is adjusted by the addition of value added by merchandising operations (i.e., the difference between the sales value and the cost of merchandise sold without further manufacture, processing, or assembly) plus the net change in finished goods and work-in-process between the beginning- and end-of-year inventories.
Per $ GDP figures expressed per 100,000 $ gross domestic product.
See also
Related links:
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