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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 $ gross domestic product.
Industry Statistics > Fabricated metal product manufacturing > Value added (per $ GDP) (most recent) by state
Showing latest available data.
| Rank |
States
|
Amount
|
|
# 1
|
Indiana: |
$3.07
per $100 of GDP |
|
|
# 2
|
Ohio: |
$3.04
per $100 of GDP |
|
|
# 3
|
Wisconsin: |
$3.00
per $100 of GDP |
|
|
# 4
|
Arkansas: |
$2.72
per $100 of GDP |
|
|
# 5
|
Vermont: |
$2.45
per $100 of GDP |
|
|
# 6
|
Rhode Island: |
$2.24
per $100 of GDP |
|
|
# 7
|
Michigan: |
$2.17
per $100 of GDP |
|
|
# 8
|
New Hampshire: |
$2.07
per $100 of GDP |
|
|
# 9
|
Illinois: |
$1.99
per $100 of GDP |
|
|
# 10
|
South Carolina: |
$1.99
per $100 of GDP |
|
|
# 11
|
Oklahoma: |
$1.96
per $100 of GDP |
|
|
# 12
|
Minnesota: |
$1.88
per $100 of GDP |
|
|
# 13
|
Iowa: |
$1.72
per $100 of GDP |
|
|
# 14
|
Connecticut: |
$1.70
per $100 of GDP |
|
|
# 15
|
Pennsylvania: |
$1.69
per $100 of GDP |
|
|
# 16
|
Alabama: |
$1.63
per $100 of GDP |
|
|
# 17
|
Tennessee: |
$1.61
per $100 of GDP |
|
|
# 18
|
Kentucky: |
$1.52
per $100 of GDP |
|
|
# 19
|
Missouri: |
$1.47
per $100 of GDP |
|
|
# 20
|
Mississippi: |
$1.37
per $100 of GDP |
|
|
# 21
|
Utah: |
$1.28
per $100 of GDP |
|
|
# 22
|
Nebraska: |
$1.24
per $100 of GDP |
|
|
# 23
|
Kansas: |
$1.21
per $100 of GDP |
|
|
# 24
|
Oregon: |
$1.18
per $100 of GDP |
|
|
= 25
|
North Carolina: |
$1.17
per $100 of GDP |
|
|
= 25
|
West Virginia: |
$1.17
per $100 of GDP |
|
|
# 27
|
Louisiana: |
$1.14
per $100 of GDP |
|
|
# 28
|
Massachusetts: |
$1.14
per $100 of GDP |
|
|
# 29
|
Texas: |
$1.02
per $100 of GDP |
|
|
# 30
|
Arizona: |
$0.94
per $100 of GDP |
|
|
# 31
|
South Dakota: |
$0.92
per $100 of GDP |
|
|
# 32
|
Maine: |
$0.91
per $100 of GDP |
|
|
# 33
|
California: |
$0.83
per $100 of GDP |
|
|
# 34
|
Georgia: |
$0.77
per $100 of GDP |
|
|
# 35
|
Washington: |
$0.71
per $100 of GDP |
|
|
# 36
|
New Jersey: |
$0.69
per $100 of GDP |
|
|
# 37
|
Idaho: |
$0.68
per $100 of GDP |
|
|
# 38
|
Virginia: |
$0.60
per $100 of GDP |
|
|
# 39
|
Maryland: |
$0.59
per $100 of GDP |
|
|
# 40
|
New York: |
$0.56
per $100 of GDP |
|
|
= 41
|
Colorado: |
$0.55
per $100 of GDP |
|
|
= 41
|
Florida: |
$0.55
per $100 of GDP |
|
|
# 43
|
North Dakota: |
$0.52
per $100 of GDP |
|
|
# 44
|
Nevada: |
$0.46
per $100 of GDP |
|
|
# 45
|
Wyoming: |
$0.41
per $100 of GDP |
|
|
# 46
|
Delaware: |
$0.40
per $100 of GDP |
|
|
# 47
|
Montana: |
$0.37
per $100 of GDP |
|
|
# 48
|
New Mexico: |
$0.29
per $100 of GDP |
|
| |
Weighted average: |
$1.32
per $100 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 $ gross domestic product.
See also
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