“Having more manufacturing companies involved with local schools will benefit the state” says a new summary by Florida TaxWatch.
Groups like FloridaMakes and Florida TaxWatch have been ramping up the effort to make manufacturing a top issue in the state.
According to the report, the number of Florida-based manufacturers recently passed the 25,000 threshold, making Florida a manufacturing state. These manufacturers support more than 426,000 high-wage jobs, employing about 4.4 percent of the state’s workforce, with average salaries in excess of $74,575. In 2022, Florida ranked 12th among states for manufacturing gross domestic product (GDP), but ranked 31st in terms of productivity, or gross revenue per employee, with an average of $178,367 in economic output per employee – roughly $40,000 below the U.S. average of $218,271 per employee.