INDUSTRIAL SECTOR DATA
While the industrial sector makes up 16% of private sector employment and employs 500,000 New Yorkers—most of our businesses rent our space and have less than 10 employees, making our voices harder to hear.
The majority of NYC's Industrial Companies are small businesses
NYC industrial businesses are mostly small, with 90% of the businesses in every sub-sector employing less than 100 people. In construction, manufacturing, transportation and warehousing, and waste management, over 50% of the businesses are micro, with less than 5 employees.
Source: 2018 CBP
Most Industrial Businesses are Renters
The majority of NYC industrial businesses rent. This puts businesses at risk of displacement and limits their ability to invest in their space due to uncertainty of lease renewal.
Source: 2014 NYCEDC Industrial Business Survey
Within the Industrial Sector, Construction, Wholesale, Transportation and Warehouse, and Manufacturing make up the largest Sub-sectors by Number of Employees
In this city that is always building, selling, and buying, these sub-sectors play a critical role to the goods movement and regeneration of NYC.
Source: 2018 QCEW Annual
NYC Manufacturing Annual Wage pays more
Average annual manufacturing salaries pay nearly $20,000 more than retail, and nearly twice as much as food/beverage annual salaries.
Source: 2020 QCEW Annual, analysis by Industrial Jobs Coalition
Industrial Companies by Borough
Residents with Industrial jobs in each council district
With the exception of Manhattan, the majority of council districts have 12% or more residents working in Industrial jobs as a percent of the private sector jobs.
Source: Longitudinal Employer-Household Dynamics Origin-Destination Employment Statistics Residence Area Characteristics (2018), analyzed by the Industrial Jobs Coalition
- Over 16%
- 14-16%
- 12-14%
- 10-12%
- 8-10%
- Under 8%