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Industry Trends

Industry Trends (United States):
333515 Cutting tool and machine tool accessory mfg. (all ownership categories *)
Category20152016201720182019Chg 2015-19
No. of Establishments1,1601,1451,1121,0871,084-6.6%    
Total Employment25,84824,84024,20724,62824,636-4.7%    
Total Annual Wages$1,449,463,067$1,410,131,622$1,438,886,501$1,495,273,342$1,506,434,6423.9%    
Average Annual Wage$56,076$56,769$59,441$60,714$61,1489.0%    

Industry Trends (Alabama):
333515 Cutting tool and machine tool accessory mfg. (all ownership categories *)
Category20152016201720182019Chg 2015-19
No. of Establishments7N/AN/A7814.3%    
Total Employment54N/AN/A5253-1.9%    
Total Annual Wages$2,824,477N/AN/A$3,118,647$3,228,33914.3%    
Average Annual Wage$52,305N/AN/A$59,974$60,91216.5%    

Source: U.S. Department of Labor, Bureau of Labor Statistics, Quarterly Census of Employment and Wages

* Includes all ownership categories not subject to BLS disclosure restrictions, which may differ by geographic area. For industry trends data by ownership categories, see the BLS/QCEW website, multi-screen data search.