Cutlery & hand tool manufacturing

Industry Group

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Workforce Population

46.5k

2024

Average Employee Age

45.1

2024

Estimated Job Growth

−9.53%

10-Year Projection

Average Salary

$69,660

2024

Average Male Salary

$75,247

2024

Average Female Salary

$55,804

2024

About

The top three occupations in the Cutlery & hand tool manufacturing Industry Group are miscellaneous metal workers & plastic workers, including multiple machine tool setters, other assemblers and fabricators, and machinists. On average, full-time employees in the Cutlery & hand tool manufacturing Industry Group work 43.3 hours per week and have an average annual salary of $73,281. Part-time employees in the same industry work 21.8 hours and earn an average annual salary of $26,166.

The locations with the highest concentration of employees in the Cutlery & hand tool manufacturing Industry Group are Marion County (Outside Salem & Keizer Cities)--Woodburn & Silverton Cities PUMA, OR, Worcester County (Northwest)--Gardner PUMA, MA, and Cattaraugus & Allegany Counties PUMA, NY.

The workforce of Cutlery & hand tool manufacturing Industry Group in 2024 was 46,507 people, with 28.7% woman, and 71.3% men.

In 2024, 72.1% of the workforce in the Cutlery & hand tool manufacturing Industry Group was White (33,512 people), of which 27.8% were women and 72.2% men.

Manufacturing

Employment & Salaries

A snapshot of workforce, wages, and opportunities in the Cutlery & hand tool manufacturing Industry Group.

The workforce in Cutlery & hand tool manufacturing Industry Group was 46,507 people and is concentrated in Ohio (4,636 workers). The average annual salary was $69,660, being $218 less than the national average salary, which was $69,878.

Monthly Employment

Showing data for the Manufacturing industry sector.

Start Year

Y-Axis

1.98%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 12.9M people employed in the Manufacturing industry. This represents a 1.98% increase in employment when compared to February 2022.

This chart shows monthly employment numbers for Manufacturing over time (non-seasonally adjusted).

Employment by Location

The states that concentrated the largest workforce in 2024 were Ohio (4.64k), Illinois (3.63k), and Wisconsin (3.22k).

This map shows the states in the United States shaded by workforce for Cutlery & hand tool manufacturing Industry Group.

Yearly Wage Ranking

In 2024, Cutlery & hand tool manufacturing Industry Group had an average annual wage of $69,660, $218 less than the average national salary of $69,878.

The graph shows the position of Cutlery & hand tool manufacturing Industry Group in the ranking of industries by average annual wage.

Wage Distribution

0.387

WAGE GINI

Cutlery & hand tool manufacturing has a wage GINI of 0.387, which is less than than the national average of 0.474. In other words, wages are distributed more evenly in Cutlery & hand tool manufacturing (shown in red) in comparison to the national average for those wage buckets (shown in gray).

The graphic shows the distribution of average salaries by buckets for Cutlery & hand tool manufacturing Industry Group workers compared to the entire workforce in the country.

Occupations

A review of jobs and wages in the Cutlery & hand tool manufacturing Industry Group.

Miscellaneous metal workers & plastic workers, including multiple machine tool setters are the most common position with 3,124 workers, but the Cutlery & hand tool manufacturing Industry Group employs a relatively high number of Other assemblers and fabricators and Machinists.

The highest average salary in Cutlery & hand tool manufacturing goes to Human resources managers.

Occupations Distribution

The graph shows the distribution of employees in the Cutlery & hand tool manufacturing Industry Group according to occupations. In 2024, the occupations that concentrated the largest number of employees in this industry were miscellaneous metal workers & plastic workers, including multiple machine tool setters (3,124 people), other assemblers and fabricators (2,606 people), and machinists (2,456 people)

Wage by Sex in Common Jobs

$75,247

AVERAGE MALE SALARY

±$9,717

$55,804

AVERAGE FEMALE SALARY

±$10,071

On average, Male workers in the Cutlery & hand tool manufacturing Industry Group make 1.35 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Cutlery & hand tool manufacturing Industry Group.

Business

Estimates of the sources of the costs and the purchasers of the products in the Cutlery & hand tool manufacturing Industry Group. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries.

The industrial flow illustrates the intermediate inputs and the use of outputs of the Cutlery & hand tool manufacturing Industry Group.

The Cutlery & hand tool manufacturing Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Manufacturing Industry.

California and Ohio stand out as the states with the largest number of establishments in the Cutlery & hand tool manufacturing Industry Group.

Industrial Flow

The closest comparable data for Cutlery & hand tool manufacturing is from Manufacturing.

Manufacturing has the highest single input, by dollars, to the Cutlery & hand tool manufacturing Industry Group, and the largest industry purchasing services from the Cutlery & hand tool manufacturing Industry Group is Manufacturing.

In this flow diagram, all of the industries listed to the left are those places from which the highlighted industry has made purchases. They are the intermediate inputs to the highlighted industry. All those industries listed on the right side are those industries that have made purchases from the highlighted industry. They are the use of outputs of the highlighted industry. The visualizations below offer alternative ways to see and understand this data.

Intermediate Inputs

The closest comparable data for Cutlery & hand tool manufacturing is from Manufacturing.

HIGHEST INPUT INDUSTRY

Manufacturing
Wholesale trade
Mining

The Cutlery & hand tool manufacturing Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Manufacturing Industry. This visualization does not include labor and capital costs.

Use of Output by Other Industries

The closest comparable data for Cutlery & hand tool manufacturing is from Manufacturing.

LARGEST PURCHASING INDUSTRY

The Manufacturing Industry purchases the greatest share of products and services from the Cutlery & hand tool manufacturing Industry Group in order to produce other goods and services. Purchases of the Cutlery & hand tool manufacturing Industry Group for final consumption by consumers, businesses, or government are not included here.

Establishments

States with more establishments in 2022

The charts shows the distribution of establishments in the Cutlery & hand tool manufacturing industry by states and the number of establishments according to size.

Diversity

Demographic information on the Cutlery & hand tool manufacturing Industry Group in the US.

Of the total workforce, 28.7% corresponds to women and 71.3% men. Male employees tend to earn more than Female employees, with average respective salaries of $75,247 and $55,804.

74.2% of workers have a high school or equivalent, bachelors degree or some college.

Gender and Age

13,365

Women

28.7%

33,142

Men

71.3%

The workforce of Cutlery & hand tool manufacturing industry in 2024 was 46,507 people, with 28.7% woman, and 71.3% men.

The visualization shows the distribution of the workforce by gender and age in Cutlery & hand tool manufacturing industry.

Races

In 2024, 72.1% of the workforce in the Cutlery & hand tool manufacturing industry was White (33,512 people), of which 27.8% were women and 72.2% men.

Other races that concentrated a significant number of workers were Two or More Races and Black.

Educational Levels

The main educational levels achieved by the Cutlery & hand tool manufacturing workers in 2024 were high school or equivalent (17,375 people), bachelors degree (8,625 people), and some college (8,517 people).

The chart shows the Cutlery & hand tool manufacturing workforce by gender and educational level.

Projections

Growth projections of the Cutlery and Handtool Manufacturing industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow −9.53% in the next ten years. The Cutlery and Handtool Manufacturing industry has a lower projected workforce growth at −9.53%. Its projected 10-year growth in output (4.68%) is lower than the projected national growth in output (4.68%).

Job Growth

For growth projections, the closest comparable industry reported by the Bureau of Labor Statistics is Cutlery and Handtool Manufacturing.

−9.53%

Estimated Job Growth

10-year Projection

−9.53%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Cutlery and Handtool Manufacturing. This industry is expected to grow approximately the same than −9.53%, the average rate of national job growth.