Outlook is bright if we all stay focused
Manufacturing still paces SA economy
If you work in the San Antonio area manufacturing industry, you’re in the right place at the right time. After all, San Antonio Manufacturers Association (SAMA) last year commissioned a Trinity University study and its findings, released in December, were astounding. Among many impressive metrics, the study found that:
- Manufacturing employees make 23% more income, on average than other San Antonians, and that gap almost doubled between 2001 and 2016. In other words, manufacturing wages are pulling away from the rest of the pack!
- The gap is wider for those working in transportation manufacturing. Employees make an average of more than $68K a year, a full $20K a year more than the average San Antonio annual salary.
- Local manufacturing employees earned nearly $3B last year, 36% more than a decade ago.
- The total annual economic impact number of $40.5B jumped 28% from $31.6B just six years earlier.
SAMA is eagerly taking the lead in working with our community, economic development partners, educators and others to ensure San Antonio takes care of our existing manufacturers and plans smartly. The continued economic success of our amazing region demands this of all of us.
—Casey Whittington, Senior Vice President, The Whittington Group