Oregon’s manufacturing sector is growing more quickly than the
nation’s. Since December 2009, manufacturing employment in Oregon has grown by
14.4 percent compared with the nation’s 7.4 percent. Over the year, Oregon saw
manufacturing growth of 2.4 percent, higher than the nation’s 0.7 percent.
All of Oregon’s eight measured broad manufacturing industries grew
over the year. The top
five are shown in the table above. Notice that
each of Oregon’s top five broad industries grew more quickly than its national
equivalent. Oregon’s top manufacturing industry, computer and electronic
component manufacturing, grew at 1.4 percent compared with just 0.1 percent nationally. In addition,
computer and electronic component manufacturing made up 19.8 percent of
Oregon’s manufacturing jobs and 8.6 percent of jobs across the nation. In other
words, Oregon’s biggest manufacturing industry is growing faster than the industry
across the United States, and makes up more jobs.
Another important industry in Oregon is wood product
manufacturing, which made up 12.3 percent of manufacturing jobs in October
2015. It grew at 4.1 percent compared with the nation’s 1.7 percent.
Nationally, wood product manufacturing only made up 3.1 percent of
manufacturing jobs.
A more detailed industry analysis shows just how diverse the
manufacturing sector is. The largest detailed industry by far is the
semiconductor and electronic components industry. It also pays far more than
any of the other top industries. Other high-paying industries on the list
include electronic instrument manufacturing and aerospace product and parts
manufacturing.
True to Oregon’s long history in forestry, two of Oregon’s top
industries are tied to our natural resources: veneer and engineered wood
products (8,200 jobs) and sawmills and wood preservation (6,400 jobs). While
employment in wood product manufacturing is but a fraction of what it was a few
decades ago, these two industries combine for an influential role in Oregon’s
manufacturing sector.
Two relatively low-paying industries on the top 10 list of largest
industry employers are the frozen food manufacturing industry and the bread and
bakery product manufacturing industry. While these industries make up a large
chunk of Oregon’s manufacturing sector, the jobs paid an average annual wage
considerably lower than the statewide average in 2014 ($46,500).
To learn more about employment in manufacturing industries in Oregon, read Economist Will Burchard's article:Made in Oregon: A Profile of the State’s Manufacturing Sector.
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