Worcester Business Journal

October 30, 2023-Fact Book

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wbjournal.com | October 30, 2023 | Worcester Business Journal 13 E X P E R T I S E M A K E S A L L T H E D I F F E R E N C E When you arrive at a certain size, your banking needs become more complex. With Country Bank's commercial banking team, you get customized problem-solving, higher lending limits, industry expertise, and highly responsive service. F A C T B O O K Source: U.S. Bureau of Economic Analysis, Dec. 8, 2022 update Greater Worcester includes Worcester County and Wyndham County, Conn. PRIVATE INDUSTRIES 88.00% $39,805,509.00 Agriculture, forestry, fishing and hunting 0.10% $45,447.00 Mining, quarrying, and oil and gas extraction 0.15% $69,572.00 Utilities 4.47% $2,023,212.00 Construction 3.72% $1,681,784.00 Manufacturing 14.02% $6,342,209.00 Durable goods manufacturing 8.67% $3,923,099.00 Nondurable goods manufacturing 5.35% $2,418,491.00 Wholesale trade 4.42% $1,999,163.00 Retail trade 6.06% $2,740,878.00 Transportation and warehousing 2.00% $906,001.00 Information 3.09% $1,398,413.00 Finance, insurance, real estate, rental, and leasing 19.12% $8,648,775.00 Finance and insurance 5.62% $2,543,526.00 Real estate and rental and leasing 13.50% $6,106,934.00 Professional and business services 13.13% $5,940,008.00 Professional, scientific, and technical services 7.71% $3,487,053.00 Management of companies and enterprises 2.15% $973,356.00 Administrative and support and waste management and remediation services 3.20% $1,446,601.00 Educational services, health care, and social assistance 13.41% $6,063,885.00 Educational services 2.08% $941,510.00 Health care and social assistance 11.34% $5,127,713.00 Arts, entertainment, recreation, accommodation, and food services 2.63% $1,188,591.00 Arts, entertainment, and recreation 0.47% $212,451.00 Accommodation and food services 2.16% $975,278.00 Other services (except government and government enterprises) 1.95% $883,817.00 GOVERNMENT AND GOVERNMENT ENTERPRISES 12.04% $5,447,376.00 Addenda: Natural resources and mining $112,296.00 Trade $4,721,220.00 Transportation and utilities $2,926,203.00 Manufacturing and information $7,703,968.00 Private goods-producing industries $8,161,252.00 Private services-providing industries $31,635,965.00 All industry total $45,231,613.00 % change GDP Greater Worcester Real GDP by industry as of 2021 (in millions of chained 2012 dollars)

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