Railroad rolling stock manufacturing

Industry Group

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Workforce

24.1k

2019 BLS Estimate

Average Employee Age

Estimated Job Growth

−17.8%

10-Year Projection

Average Salary

$67,830

Average Male Salary

$69,006

Average Female Salary

$66,450

About

The top three occupations in the Railroad rolling stock manufacturing Industry Group are Welding, soldering, & brazing workers, Firstline supervisors of production & operating workers, Other assemblers and fabricators, Other managers, and Materials engineers. On average, full-time employees in the Railroad rolling stock manufacturing Industry Group work 44 hours per week and have an average annual salary of $68,623. Part-time employees in the same industry work 20.3 hours and earn an average annual salary of $31,844.

The locations with the highest concentration of employees in the Railroad rolling stock manufacturing Industry Group are Erie County (Outer) PUMA, PA, Erie City, Lawrence Park Township & Wesleyville Borough PUMA, PA, and Gregg CountyLongview City PUMA, TX. The industry that purchases the most products or services from the Hospitals Industry Group is Railroad rolling stock manufacturing.

Manufacturing

Workforce

A snapshot of jobs, wages, and opportunities in the Railroad rolling stock manufacturing Industry Group. Welding, soldering, & brazing workers are the most common position, but the Railroad rolling stock manufacturing Industry Group employs a relatively high number of Materials engineers, compared to other industries.

The highest average salary in Railroad rolling stock manufacturing goes to General & operations managers.

Monthly Employment

Showing data for the Manufacturing industry sector.

Start Year

Y-Axis

6.34%

Year-over-year growth

Employment change between May 2020 and May 2021

As of May 2021, there are 12.3M people employed in the Manufacturing industry. This represents a 6.34% increase in employment when compared to May 2020.

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

Occupations

Occupations by Share

24.1k

Workforce (BLS Estimate)

ACS Estimate: 29.1k

−3.28%

1 Year Growth

± 20.9%

The Bureau of Labor Statistics estimates that there were 24.1k people employed in the Railroad rolling stock manufacturing Industry Group in 2019.

According to ACS estimates, the number of people employed in the Railroad rolling stock manufacturing Industry Group has been declining at a rate of −3.28%, , from 30k people in 2019 to 29.1k people in 2020.

The following graphic shows the share of employment in Railroad rolling stock manufacturing by various occupations according to ACS estimates. Welding, soldering, & brazing workers represent the largest share of positions held in Railroad rolling stock manufacturing at 13.6%, followed by Firstline supervisors of production & operating workers with 5.66% and Other assemblers and fabricators with 5.45%.

Most Common

The most common occupations in the Railroad rolling stock manufacturing Industry Group, by number of employees, are Welding, soldering, & brazing workers, Firstline supervisors of production & operating workers, Other assemblers and fabricators, Other managers, and Materials engineers.

Most Specialized

Compared to other Industry Groups, Railroad rolling stock manufacturing employs an unusually high number of Materials engineers, Welding, soldering, & brazing workers, and Electrical, electronics, & electromechanical assemblers.

Highest Paid

The highest paid occupations in Railroad rolling stock manufacturing, by average wage, are General & operations managers, Chief executives & legislators, and Sales managers.

Wages

Average Salary

$67,830

AVERAGE WAGE

± $7,190

On average, employees in the Railroad rolling stock manufacturing Industry Group make $67,830 per year. This number makes Railroad rolling stock manufacturing the 72 highest paying Industry Group in the United States out of a total of 269 Industry Groups.

Wage by Location

HIGHEST PAYING PUBLIC USE MICRODATA AREA

HIGHEST PAYING PUMAS

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Railroad rolling stock manufacturing Industry Group.

Wage Distribution

0.336

WAGE GINI

Railroad rolling stock manufacturing has a wage GINI of 0.336, which is less than than the national average of 0.478. In other words, wages are distributed more evenly in Railroad rolling stock manufacturing (shown in red) in comparison to the national average for those wage buckets (shown in gray).

Opportunities

Spatial Concentration

Public Use Microdata Areas with RCA

This map shows the PUMAs in the United States that have revealed comparative advantage in the Railroad rolling stock manufacturing Industry Group.

These are locations that employ more people in the Railroad rolling stock manufacturing Industry Group than expected given both the size of that location's overall labor pool and the national size of the Railroad rolling stock manufacturing Industry Group.

Diversity

Demographic information on the Railroad rolling stock manufacturing Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $69,006 and $66,450. So too tend to earn more than other races and ethnicities in this industry.

Composition by Sex

5.39k

FEMALE WORKFORCE

±1.8k

23.7k

MALE WORKFORCE

±3.78k

81.4% of workers in the Railroad rolling stock manufacturing Industry Group are Male, making them the more common sex in the workforce. This chart shows the sex breakdown of the Railroad rolling stock manufacturing Industry Group.

Wage by Sex in Common Jobs

$69,006

AVERAGE MALE SALARY

±$8,081

$66,450

AVERAGE FEMALE SALARY

±$7,498

On average, Male workers in the Railroad rolling stock manufacturing Industry Group make 1.04 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Railroad rolling stock manufacturing Industry Group.

Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

Asian
White
Other

On average, Asian employees in the Railroad rolling stock manufacturing Industry Group earn 1.39 times more than other races and ethnicities. This chart shows the race and ethnicity-based wage disparities in the 5 most common occupations in the Railroad rolling stock manufacturing Industry Group.

Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Railroad rolling stock 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. Manufacturing has the highest single input, by dollars, to the Railroad rolling stock manufacturing Industry Group, and the largest industry purchasing services from the Railroad rolling stock 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.

Industrial Flow

The closest comparable data for Railroad rolling stock manufacturing is from Manufacturing.

Intermediate Inputs

The closest comparable data for Railroad rolling stock manufacturing is from Manufacturing.

HIGHEST INPUT INDUSTRY

The Railroad rolling stock 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 Railroad rolling stock manufacturing is from Manufacturing.

LARGEST PURCHASING INDUSTRY

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

Projections

Growth projections of the Railroad rolling stock manufacturing industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 7.66% in the next ten years. The Railroad rolling stock manufacturing industry has a lower projected workforce growth at −17.8%. Its projected 10-year growth in output (6.15%) is lower than the projected national growth in output (24.2%).

Job Growth

−17.8%

Estimated Job Growth

10-year Projection

7.66%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Railroad rolling stock manufacturing. This industry is expected to grow less than than 7.66%, the average rate of national job growth.