Manufacturing’s Impact on the Maryland Economy
Manufacturing is crucial to the economic development and viability of the state of Maryland.   The industry was responsible for $86.5 billion in total statewide business sales in 2007 or roughly 20 percent of state output.      

• It is estimated that the total value of sales, shipments, and revenue from manufacturers in 2007 was at least $53.7 billion, perhaps slightly more. 
• This value of manufacturing activity supported an additional $32.8 billion worth of sales, shipments, and revenue for other Maryland businesses (through multiplier effects).   

The most recent estimate (2007) of total manufacturing employment in Maryland is almost 132,000 workers.  Between 1996 and 2006, average manufacturing wages rose 48.3 percent, more than the corresponding statistic for the overall state economy. 

• In 2007, the industry supported a total of 334,000 jobs in Maryland once one accounts for multiplier effects;   Maryland’s manufacturing sector provides substantial wages to its workers. 

For example, in 2006, the average manufacturing worker in Maryland earned $56,426 or 27 percent more than the average for all private-sector workers in the state ($44,519)   Manufacturing jobs were associated with $16 billion in annual wage and salary income statewide. 

• The sector has a strong tradition of providing substantial benefits to its workers.  In Maryland, the value of benefits to workers, including highly attractive medical benefits, is estimated at 21 percent of wages or roughly $1.6 billion in 2006.  

Manufacturing generated more than 2.5 billion in tax revenue in the fiscal year for 2007.  To put this figure into perspective, $2.5 billion represents approximately 18 percent of Maryland’s FY-2007 General Fund Budget.  

Local (county “piggyback”) income taxes are estimated to total $342 million, while state income tax totals an estimated $510 million, and the state sales tax totals an estimated $331 million.  Property taxes paid by all these workers are estimated at $717 million.