Manufacturing is the leading contributor to the Central Texas economy.
The area hosts some of the most advanced facilities in the world and possesses a strong, 技术劳动力. It is anchored by semiconductor, computer electronics, biotechnology, and food & 饮料. 而这些公司占了57家,644个工作岗位, it is worth noting that more than one third of the major employers are manufacturers, 包括应用材料, 三星, 飞思卡尔, 国家仪器, 戴尔电脑, 3M, Hospira, 和伟创力. Manufacturing is among the most productive contributors to the regional economy. 制造业是6.0% of total employment in Austin, but contributes 10.3% of total regional GDP—the largest share of any privately owned industry sector. 生产力, 以每个工人的增加值来衡量, is $193,696 in the Austin’s manufacturing sector, 73% higher than productivity across all industries in the economy.
Manufacturing is central to the performance of the region’s technology sector. In 2014, manufacturing companies added 4,089 jobs to the Austin economy, a 7.年增长率6%. 制造业的就业创造率为7.6% ranked second-fastest growing industry sector in Austin in 2014, adding jobs at a pace roughly 2.5 times that of the regional economy as a whole. Manufacturing was responsible for one out of every seven net new jobs created in the Austin economy in 2014—and approximately 83% of that job growth was in the Information Technology and Analytical Instruments Cluster.
Austin’s manufacturing sector outperformed other major metropolitan areas in Texas, as well as state and national growth rates, in 2014. Manufacturing accounts for a smaller share of total employment in Austin (6.0%)，而达拉斯(7.6%)和休斯顿(8.2%), but was a much more significant contributor to job creation statewide than the larger metropolitan areas. Fifty-six percent of net new manufacturing jobs in Texas in 2014 were created in Austin.
As a share of total manufacturing activity in the Austin-Round Rock MSA, the Information Technology and Analytical Instruments Cluster is the largest contributor, with approximately 58% of total manufacturing value-added to regional GDP and 48% of total manufacturing employment in the region. Semiconductors and Computers and Peripherals are the largest components of the cluster, 加起来是20,820份工作和大约5美元.增值30亿.
The tables (below) show manufacturing’s portion of each cluster, not the cluster as a whole. 例如, manufacturing companies in the Austin-Round Rock MSA belonging to the Information Technology and Analytical Instruments Cluster represent 27,555个工作岗位, but total employment in the cluster is a much larger figure because it would include jobs at software companies, 太.
生产力 and wages are generally higher in manufacturing compared to other industries. 生产力, as measured by value-added per employee, is $193,696 in the manufacturing sector in Austin, about 73% higher than the industry average ($112,009). Several clusters with significant manufacturing components are among the most productive industries in the regional economy, including Communications Equipment and Services and Biopharmaceuticals, each with productivity of more than $400,每个员工的000.
Earnings are also generally higher in the manufacturing sector compared to other industries in the Austin economy. 工人人均收入, defined as total industry earnings divided by the number of jobs (includes wages, 工资, 补充/好处, 和业主的收入), is $106,奥斯汀的制造业089, 哪个超过45美元,000 higher than average earnings for the regional economy as a whole and the only industry sector with at least 10,在奥斯汀有超过100美元的工作机会,平均收入为000.
Manufacturing in the Austin-Round Rock MSA offers many living wage job opportunities to workers across the spectrum of education and training requirements. Table 7 shows the top ten occupation titles ranked by number of jobs at manufacturers in the Austin region. Six of the top ten occupational categories listed in the table require less than a four-year degree and pay median hourly earnings that are higher than what is considered a living wage in the Austin-Round Rock MSA for one adult ($10.97 per hour), according to the MIT Living Wage Calculator.
With the rising cost of housing in Austin, providing as many living-wage employmentopportunities as possible to local residents is an important goal for economic and 员工发展, especially in areas of the region where educational attainment rates are lower compared to the population as a whole. Manufacturing should be viewed as a critical piece of the solution to many of the challenges—economic segregation and educational attainment inequality—facing Austin, and 自回归滑动平均 can play a pivotal role in driving public-private partnerships to address those challenges.