This statistic represents the most important states of the United States in 2016 in terms of value added by the manufacturing industry. Texas was ranked second, where the added value by the manufacturing industry totaled around 216.6 billion U.S. dollars in that year.
Value added by the U.S. manufacturing sector in 2016, based on leading states
(in million U.S. dollars)
Characteristic
Value added in million U.S. dollars
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Value added is derived by subtracting the cost of materials, supplies, containers, fuel, purchased electricity, and contract work from the value of shipments (products manufactured plus receipts for services rendered). The result of this calculation is adjusted by the addition of value added by merchandising operations (i.e., the difference between the sales value and the cost of merchandise sold without further manufacture, processing, or assembly) plus the net change in finished goods and work-in-process between the beginning and end of year inventories.
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ProQuest. (September 21, 2021). Value added by the U.S. manufacturing sector in 2016, based on leading states (in million U.S. dollars) [Graph]. In Statista. Retrieved July 28, 2024, from https://www.statista.com/statistics/215381/value-added-by-us-manufacturers-based-on-leading-states/
ProQuest. "Value added by the U.S. manufacturing sector in 2016, based on leading states (in million U.S. dollars)." Chart. September 21, 2021. Statista. Accessed July 28, 2024. https://www.statista.com/statistics/215381/value-added-by-us-manufacturers-based-on-leading-states/
ProQuest. (2021). Value added by the U.S. manufacturing sector in 2016, based on leading states (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 28, 2024. https://www.statista.com/statistics/215381/value-added-by-us-manufacturers-based-on-leading-states/
ProQuest. "Value Added by The U.S. Manufacturing Sector in 2016, Based on Leading States (in Million U.S. Dollars)." Statista, Statista Inc., 21 Sep 2021, https://www.statista.com/statistics/215381/value-added-by-us-manufacturers-based-on-leading-states/
ProQuest, Value added by the U.S. manufacturing sector in 2016, based on leading states (in million U.S. dollars) Statista, https://www.statista.com/statistics/215381/value-added-by-us-manufacturers-based-on-leading-states/ (last visited July 28, 2024)
Value added by the U.S. manufacturing sector in 2016, based on leading states (in million U.S. dollars) [Graph], ProQuest, September 21, 2021. [Online]. Available: https://www.statista.com/statistics/215381/value-added-by-us-manufacturers-based-on-leading-states/
