Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) in Connecticut
Revenue benchmarks for research and development in the physical, engineering, and life sciences (except nanotechnology and biotechnology) businesses operating in Connecticut.
#3 of 50 states+89.8% vs national avg
Average Revenue
$29.4M
per year
Businesses
142
in Connecticut
Revenue / Employee
$375K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
3.9
firms per 100K in CT
Total Revenue
$4.2B
all firms in CT
Total Employees
11,122
in CT
How Connecticut Compares
National Average$15.5M
Connecticut$29.4M
Difference+$13.9M (+89.8%)