F lo r ida S c o r e ca r d : M a n ufact urin g
C r eate s Job s i n F l o r i da
DR. JERRY PARRISH
FLORIDA CHAMBER
FOUNDATION
Did You Know? For every 10 jobs created in
Florida’s export-oriented manufacturing, 12 more
jobs are created in transportation, warehousing
and retail? With an additional eight jobs created in
business services, there are a total number of 30 jobs
supported by Florida export manufacturing. In fact,
manufacturing has the highest jobs “multiplier” of any
sector because it leads to the creation of more indirect
and induced jobs in other sectors in the economy.
Simply put, expanding manufacturing in Florida
diversifies the economy and provides high-wage
jobs. In 2013, the Florida Legislature passed a threeyear exemption from sales and use taxes on industrial
machinery and equipment used in manufacturing in
Florida. This exemption is expected to increase capital
investment in Florida by manufacturers, improve
productivity, and help Florida’s manufacturers
compete better in world markets.
Besides diversifying
the economy,
manufacturing firms
perform around
70 percent of U.S.
Industry Research and
Development, even
though manufacturing
accounts for only about
11 percent of the U.S.
economy.
“The impact Florida’s
manufacturing industry
has on our state’s
small businesses is
undeniable,” said
Michael Myhre, Network
State Director for
Florida’s Small Business
Development Center
(SBDC) Network.
“Manufacturing helps
diversify Florida’s
economy and helps
create high-wage jobs for
Floridians. When Florida
remains competitive,
small businesses
succeed.”
CONSIDER THE FACTS:
Florida is the 12th-highest state
in number of people employed in
manufacturing.
Florida has 330,544 manufacturing
employees, with an average annual
wage of more than $54,000.
Floridians receive $17.9 billion in
manufacturing wages in Florida.
There are 19,206 manufacturers in
Florida – an increase of 696 over the
last year.
Manufactured Goods Exports in 2013
equal $56.4 billion.
C
] O N N E C T
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Manufacturing’s Share of Florida’s
Exports in 2013 was 93.3 percent.
The Florida Scorecard,
located at www.
TheFloridaScorecard.
com, presents metrics
across Florida’s
economy. Each month,
the Florida Chamber
Foundation produces
a Scorecard Stat that
takes an in-depth
look at one aspect of
Florida’s economy. If
you would like additional
information on the
Weekly Scorecard Stat or
on the Florida Scorecard,
please contact Dr. Jerry
Parrish with the Florida
Chamber Foundation
at 850.521.1283 or
jparrish@flfoundation.
org. You can also follow
the Florida Chamber
Foundation on Twitter at
@FLChamberFDN.
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