Jewelry and Silverware Manufacturing in Michigan
Revenue benchmarks for jewelry and silverware manufacturing businesses operating in Michigan.
#39 of 50 states-82.3% vs national avg
Average Revenue
$459K
per year
Businesses
27
in Michigan
Revenue / Employee
$185K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.3
firms per 100K in MI
Total Revenue
$12.4M
all firms in MI
Total Employees
67
in MI
How Michigan Compares
National Average$2.6M
Michigan$459K
Difference$2.1M (-82.3%)