Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals in Michigan
Revenue benchmarks for instrument manufacturing for measuring and testing electricity and electrical signals businesses operating in Michigan.
#25 of 50 states-59.3% vs national avg
Average Revenue
$10.7M
per year
Businesses
25
in Michigan
Revenue / Employee
$340K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.2
firms per 100K in MI
Total Revenue
$268.5M
all firms in MI
Total Employees
790
in MI
How Michigan Compares
National Average$26.4M
Michigan$10.7M
Difference$15.7M (-59.3%)