Between August 2017 and August 2022, 291 industrial companies moved out of New York State, taking 11,984 jobs with them, according to migration data collected by MNI, compiler of industrial business profiles for the nation’s nearly 400,000 manufacturers.
Manufacturing companies leaving New York largely flocked to neighboring New Jersey, which accounted for 108 companies or more than a third of migrating companies. This was followed by Florida (27 companies); Connecticut (23 companies) and Pennsylvania (16).
New York is currently home to 13,996 manufacturers employing 678,345, according to MNI data and the state ranks 7th in the U.S. for number of manufacturing jobs.
Printing and publishing remains New York’s top industry, accounting for 15% of the state’s industrial workforce. Industrial machinery ranks second with 11% and electronics third with 10%.
New York City remains the state’s largest city for number of manufacturing jobs, employing 145,060, followed by Rochester with 42,454; Brooklyn with 27,551; and Buffalo with 25,797.
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