Metalworking machinery manufacturing

Industry Group

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Workforce Population

120k

2023

Average Employee Age

46.4

2023

Estimated Job Growth

−5.61%

10-Year Projection

Average Salary

$69,237

2023

Average Male Salary

$72,152

2023

Average Female Salary

$54,711

2023

About

The top three occupations in the Metalworking machinery manufacturing Industry Group are tool & die makers, machinists, and miscellaneous metal workers & plastic workers, including multiple machine tool setters. On average, full-time employees in the Metalworking machinery manufacturing Industry Group work 44.3 hours per week and have an average annual salary of $71,665. Part-time employees in the same industry work 20.4 hours and earn an average annual salary of $33,572.

The locations with the highest concentration of employees in the Metalworking machinery manufacturing Industry Group are Crawford & Warren Counties PUMA, PA, Kent County (North) PUMA, MI, and Winnebago County (Southeast & West)--Rockford City PUMA, IL.

The workforce of Metalworking machinery manufacturing Industry Group in 2023 was 119,618 people, with 16.7% woman, and 83.3% men.

In 2023, 80.3% of the workforce in the Metalworking machinery manufacturing Industry Group was White (96,051 people), of which 15.9% were women and 84.1% men.

Photo by Andrew Stawarz

Manufacturing

Employment & Salaries

A snapshot of workforce, wages, and opportunities in the Metalworking machinery manufacturing Industry Group.

The workforce in Metalworking machinery manufacturing Industry Group was 119,618 people and is concentrated in Michigan (20,210 workers). The average annual salary was $69,237, being $1,510 more than the national average salary, which was $67,727.

Monthly Employment

Start Year

Y-Axis

−0.478%

Year-over-year decline

Employment change between February 2022 and February 2023

As of February 2023, there are 62.4k people employed in the Metalworking Machinery Manufacturing industry. This represents a −0.478% decrease in employment when compared to February 2022.

This chart shows monthly employment numbers for Metalworking Machinery Manufacturing over time (non-seasonally adjusted).

Employment by Location

The states that concentrated the largest workforce in 2023 were Michigan (20.2k), Ohio (12.1k), and Illinois (10.1k).

This map shows the states in the United States shaded by workforce for Metalworking machinery manufacturing Industry Group.

Yearly Wage Ranking

In 2023, Metalworking machinery manufacturing Industry Group had an average annual wage of $69,237, $1,510 more than the average national salary of $67,727.

The graph shows the position of Metalworking machinery manufacturing Industry Group in the ranking of industries by average annual wage.

Wage Distribution

0.334

WAGE GINI

Metalworking machinery manufacturing has a wage GINI of 0.334, which is less than than the national average of 0.476. In other words, wages are distributed more evenly in Metalworking machinery manufacturing (shown in red) in comparison to the national average for those wage buckets (shown in gray).

The graphic shows the distribution of average salaries by buckets for Metalworking machinery manufacturing Industry Group workers compared to the entire workforce in the country.

Occupations

A review of jobs and wages in the Metalworking machinery manufacturing Industry Group.

Tool & die makers are the most common position with 11,880 workers, but the Metalworking machinery manufacturing Industry Group employs a relatively high number of Machinists and Miscellaneous metal workers & plastic workers, including multiple machine tool setters.

The highest average salary in Metalworking machinery manufacturing goes to Lawyers, & judges, magistrates, & other judicial workers.

Occupations Distribution

The graph shows the distribution of employees in the Metalworking machinery manufacturing Industry Group according to occupations. In 2023, the occupations that concentrated the largest number of employees in this industry were tool & die makers (11,880 people), machinists (11,835 people), and miscellaneous metal workers & plastic workers, including multiple machine tool setters (8,789 people)

Wage by Sex in Common Jobs

$72,152

AVERAGE MALE SALARY

±$4,155

$54,711

AVERAGE FEMALE SALARY

±$7,826

On average, Male workers in the Metalworking machinery manufacturing Industry Group make 1.32 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Metalworking machinery manufacturing Industry Group.

Business

Estimates of the sources of the costs and the purchasers of the products in the Metalworking machinery manufacturing Industry Group. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries.

The industrial flow illustrates the intermediate inputs and the use of outputs of the Metalworking machinery manufacturing Industry Group.

The Metalworking machinery manufacturing Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Manufacturing Industry.

Michigan and Ohio stand out as the states with the largest number of establishments in the Metalworking machinery manufacturing Industry Group.

Industrial Flow

The closest comparable data for Metalworking machinery manufacturing is from Manufacturing.

Manufacturing has the highest single input, by dollars, to the Metalworking machinery manufacturing Industry Group, and the largest industry purchasing services from the Metalworking machinery manufacturing Industry Group is Manufacturing.

In this flow diagram, all of the industries listed to the left are those places from which the highlighted industry has made purchases. They are the intermediate inputs to the highlighted industry. All those industries listed on the right side are those industries that have made purchases from the highlighted industry. They are the use of outputs of the highlighted industry. The visualizations below offer alternative ways to see and understand this data.

Intermediate Inputs

The closest comparable data for Metalworking machinery manufacturing is from Manufacturing.

HIGHEST INPUT INDUSTRY

Manufacturing
Wholesale trade
Mining

The Metalworking machinery manufacturing Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Manufacturing Industry. This visualization does not include labor and capital costs.

Use of Output by Other Industries

The closest comparable data for Metalworking machinery manufacturing is from Manufacturing.

LARGEST PURCHASING INDUSTRY

The Manufacturing Industry purchases the greatest share of products and services from the Metalworking machinery manufacturing Industry Group in order to produce other goods and services. Purchases of the Metalworking machinery manufacturing Industry Group for final consumption by consumers, businesses, or government are not included here.

Establishments

States with more establishments in 2022

Michigan
1,018
Ohio
554
California
502

The charts shows the distribution of establishments in the Metalworking machinery manufacturing industry by states and the number of establishments according to size.

Diversity

Demographic information on the Metalworking machinery manufacturing Industry Group in the US.

Of the total workforce, 16.7% corresponds to women and 83.3% men. Male employees tend to earn more than Female employees, with average respective salaries of $72,152 and $54,711.

75.8% of workers have a high school or equivalent, some college or bachelors degree.

Gender and Age

19,994

Women

16.7%

99,624

Men

83.3%

The workforce of Metalworking machinery manufacturing industry in 2023 was 119,618 people, with 16.7% woman, and 83.3% men.

The visualization shows the distribution of the workforce by gender and age in Metalworking machinery manufacturing industry.

Races

In 2023, 80.3% of the workforce in the Metalworking machinery manufacturing industry was White (96,051 people), of which 15.9% were women and 84.1% men.

Other races that concentrated a significant number of workers were Two or More Races and Black.

Educational Levels

The main educational levels achieved by the Metalworking machinery manufacturing workers in 2023 were high school or equivalent (42,700 people), some college (30,192 people), and bachelors degree (17,821 people).

The chart shows the Metalworking machinery manufacturing workforce by gender and educational level.

Projections

Growth projections of the Metalworking Machinery Manufacturing industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow −5.61% in the next ten years. The Metalworking Machinery Manufacturing industry has a lower projected workforce growth at −5.61%. Its projected 10-year growth in output (11.8%) is lower than the projected national growth in output (11.8%).

Job Growth

−5.61%

Estimated Job Growth

10-year Projection

−5.61%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Metalworking Machinery Manufacturing. This industry is expected to grow approximately the same than −5.61%, the average rate of national job growth.