2017 | Doing Business in Connecticut 57
Sources:
1
National Association of Manufacturers CT Data, December 2015;
2
FY 2016-17 Biennium Economic Report of the Governor;
3
Connecticut Department of Revenue Services FY 2014-15 Report;
4
RIMS II Multipliers;
5
2014-15 Economic Report of the Governor;
6
Bureau of Economic Analysis, Industry-by-Industry Total Requirements Table
MANUFACTURI NG' S ECONOMIC
P OWE R I N CONNECTICUT
EMPLOYEES
162,800
Manufacturing employees in Connecticut
1
MANUFACTURERS
4,152
Manufacturing establishments
1
WAGES
$
13.6B
Total manufacturing
wages
2
$
95,671
Average manufacturing
compensation in Connecticut
1
EXPORTS
$
15.35B
What Connecticut manufacturers export in products
1
TAXES
$
180.6M
Connecticut sales & use
taxes paid in 2014
3
$
103M
Connecticut corporate
taxes paid in 2013
3
DEFENSE
$
11.8B
What Connecticut manufacturers bring
in defense contracts (2013)
2
MULTIPLIERS
1.5
to
4
ADDITIONAL JOBS
What each manufacturing
job creates in other parts
of the state's economy
4
$
1.27B
Amount manufacturers
spent in capital
expenditures in 2011
5
$
1.35
Amount generated in
additional economic
activity for every $1 spent
in manufacturing
6
$
27.8B
Amount manufacturing
adds to Connecticut's
GSP (2013)
2