Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals in Minnesota
Revenue benchmarks for instrument manufacturing for measuring and testing electricity and electrical signals businesses operating in Minnesota.
#13 of 50 states-37.3% vs national avg
Average Revenue
$16.6M
per year
Businesses
13
in Minnesota
Revenue / Employee
$395K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.2
firms per 100K in MN
Total Revenue
$215.4M
all firms in MN
Total Employees
545
in MN
How Minnesota Compares
National Average$26.4M
Minnesota$16.6M
Difference$9.9M (-37.3%)