Oregon
|
Oregon's manufacturing real GDP totaled $46.1 billion, or 32.1 percent of the state’s real GDP in 2007. Its manufacturing real GDP rose considerably—112 percent—from 2000 to 2007, mostly from high-tech manufacturing industries. Industrial research and development spending grew by an astonishing 97 percent in the study period. However, manufacturers’ capital expenditures declined by more than the U.S. average.
Oregon’s manufacturing employment totaled 204,400 jobs in 2007, about the same as in 1990. The manufacturing sector also struggled when the tech bubble burst in 2000, given that computer and electrical products are its top manufacturing industries. Although the number of jobs was roughly the same both years, Oregon’s share of the nation’s manufacturing work force was slightly bigger in 2007, at 1.5 percent versus 1.2 percent in 1990. Oregon manufacturing maintained a relatively steady level of employment, recovering modestly from the 1991 and 2001 recessions when most states had not. Oregon’s share of U.S. high-tech manufacturing employment was 2.0 percent in 2007, the national average.
The average wage for the manufacturing sector in Oregon was $51,900 in 2007, a 19 percent increase since 2000, less than the national average. The value added per production worker in the state was $316,417 in 2007, more than the U.S. and California averages.
|
| Manufacturing employment index (2000-2007) |
| State |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
California
|
100.00 |
96.01 |
88.08 |
83.25 |
82.11 |
81.10 |
80.31 |
78.98 |
Oregon
|
100.00 |
95.90 |
89.60 |
86.66 |
88.83 |
90.65 |
92.17 |
90.87 |
United States
|
100.00 |
95.22 |
88.37 |
84.03 |
82.91 |
82.40 |
82.00 |
80.41 |
Top five indicators
|
| Indicator |
United States
Value |
OR
Value |
%
Change |
Peer State
Rank |
| Real gross state product (US$ billions) |
$11,523.9 |
$143.7 |
27.8% |
2 |
| Per capita personal income (US$) |
$38,615 |
$35,143 |
25.1% |
6 |
| Total exports of goods (US$ billions) |
$1,162.5 |
$16.5 |
44.5% |
6 |
| Manufacturing's share of real GDP (%) |
13.6% |
32.1% |
65.8% |
1 |
| Real manufacturing output per worker (US$ thousands) |
$113.6 |
$226.7 |
135.1% |
1 |
Economic climate indicators
|
| Indicator |
United States
Value |
OR
Value |
%
Change |
Peer State
Rank |
| Real gross domestic product (US$ billions) |
$11,523.9 |
$143.7 |
27.8% |
2 |
| Total nonfarm employment (thousands, SA) |
$13,7604.3 |
$1,731.4 |
7.0% |
4 |
| Total exports of goods (US$ billions) |
$1,162.5 |
$16.5 |
44.5% |
6 |
| Per capita personal income (US$) |
$38,615 |
$35,143 |
25.1% |
6 |
| Median household income (US$) |
$50,740 |
$48,735 |
19.1% |
4 |
Business climate indicators
|
| Indicator |
United States
Value |
OR
Value |
%
Change |
Peer State
Rank |
| Corporate income tax rate |
15.0% -35.0% |
6.6% |
0.00% |
2 |
| Individual income tax rate |
10.0% -35.0% |
5.0% -9.0% |
0.00% |
7 |
| Property tax rate |
13.8% |
1.22% |
-- |
3 |
| Sales tax rate |
0% |
0% |
-- |
1 |
| Employer unemployment insurance tax rate |
0.66% |
1.16% |
-4.10% |
8 |
| Total state-local tax burden rate |
9.9% |
9.6% |
0.00% |
4 |
| Per capita total state-local taxes paid (US$) |
$4,223 |
$3,701 |
26.70% |
3 |
| Government debt as % of GDP |
65.5% |
7.1% |
29.10% |
7 |
| Per capita government spending (US$) |
$14,327 |
$5,499 |
19.20% |
5 |
| Nonfarm establishments (latest 2006) |
7,601,160 |
$110,684 |
10.00% |
2 |
Manufacturing indicators
|
| Indicator |
United States
Value |
OR
Value |
%
Change |
Peer State
Rank |
| Manufacturing share of real GDP |
13.6% |
32.1% |
65.8% |
1 |
| High-tech manufacturing share of real GDP |
4.8% |
25.1% |
153.6% |
1 |
| Manufacturing employment (thousands) |
13,882.6 |
204.42 |
-9.1% |
2 |
| High-tech manufacturing employment (thousands) |
2,468.7 |
49.5 |
-11.0% |
3 |
| Share of U.S. high-tech manufacturing employment |
2.0% (U.S. avg.) |
2.0% |
10.5% |
3 |
| Manufacturing wage per employee (US$) |
$53,804 |
$51,904 |
18.7% |
7 |
| Manufacturers' capital expenditures (US$ billions) |
$135.8 |
$1.8 |
-33.2% |
8 |
| Industrial R&D expenditures (US$ billions, 2005) |
$226.2 |
$3.3 |
97.0% |
1 |
| Real manufacturing output (US$ billions) |
$1,571.7 |
$46.1 |
111.9% |
1 |
| Real manufacturing output per worker (US$ thousands) |
113.6 |
226.7 |
135.1% |
1 |
| Value added per production worker (US$) |
$249,139 |
$316,417 |
78.7% |
1 |
| Exports of manufactured goods (US$ billions) |
$1,022.1 |
$13.7 |
36.5% |
6 |
Leading business and economic indices
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