In 2023, the GDP of Massachusetts amounted to around *** billion U.S. dollars. In that year, the finance, insurance, real estate, rental, and leasing industry added about ****** billion chained 2017 U.S. dollars of value to the state GDP.

Home to MIT and Harvard, Massachusetts has its pick of innovators and the state's manufacturing sector reflects that, with strongholds in medical and surgical instruments, electronics and pharmaceuticals. This article will explore the latest data on Massachusetts manufacturers and share some essential insights provided by the state's top industrial companies.

In 2023, about ******* people worked in the education and health services industry in Massachusetts -- the most out of any industry. The professional and business services industry employed the second-highest number of people, at ******* people.

This statistic shows the number of business establishments in Massachusetts in 2022, by industry. In 2022, the number of Massachusetts business establishments in the professional, scientific, and technical services industry totaled to ******.

The Major Household Appliance Manufacturing industry in Massachusetts is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely decline at -x.x% during the same period. Industry establishments stagnated an annualized x% to x locations. Industry employment has decreased an annualized -x% to xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

The Venture Capital & Principal Trading industry in Massachusetts is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to x,xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x billion.

The Office of Advocacy’s Small Business Profiles are an annual portrait of each state’s small business. They gather the latest federal data into state-by-state snapshots of small business health and economic activity. Limited economic data is also provided for the U.S. territories. This year’s profiles report on state economic growth and employment, income and finance, employer business owner demographics, turnover among establishments with employees, international trade, small business employment by industry and self-employment by county, and small businesses by industry. This profile provides information for the state of Massachusetts.

Real Gross Domestic Product: Primary Metal Manufacturing (NAICS 331) in Massachusetts was 548.40000 Mil. of Chn. 2009 $ in January of 2023, according to the United States Federal Reserve. Historically, Real Gross Domestic Product: Primary Metal Manufacturing (NAICS 331) in Massachusetts reached a record high of 550.20000 in January of 1999 and a record low of 324.20000 in January of 2008. Trading Economics provides the current actual value, an historical data chart and related indicators for Real Gross Domestic Product: Primary Metal Manufacturing (NAICS 331) in Massachusetts - last updated from the United States Federal Reserve on September of 2025.

Graph and download economic data for Real Gross Domestic Product: Primary Metal Manufacturing (331) in Massachusetts (MAPRIMETMANRGSP) from 1997 to 2024 about primary metals, MA, primary, metals, durable goods, private industries, GSP, goods, private, manufacturing, real, industry, GDP, and USA.

Graph and download economic data for Chain-Type Quantity Index for Real GDP: Primary Metal Manufacturing (331) in Massachusetts (MAPRIMETMANQGSP) from 1997 to 2023 about primary metals, quantity index, MA, primary, metals, GSP, private industries, durable goods, goods, private, manufacturing, industry, GDP, and USA.

Graph and download economic data for Gross Domestic Product: Food Services and Drinking Places (722) in Massachusetts (MAFOODDPNGSP) from 1997 to 2024 about arts, entertainment, accommodation, recreation, beverages, MA, private industries, GSP, food, services, private, industry, GDP, and USA.