The salary statistics of economists in the industry sector of manufacturing are shown in Table 1. In Table 2 we compare economists salaries in different industries within the manufacturing sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $54,030 |
| 25th Percentile Wage | $73,630 |
| 50th Percentile Wage | $113,340 |
| 75th Percentile Wage | $171,160 |
| 90th Percentile Wage | $204,900 |
Table 1 shows the average annual salary for economists in the industry sector of manufacturing. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) economists is $204,900. The median annual salary (50th percentile) is $113,340. The average annual salary for the bottom 10 percent paid economists is $54,030.
The table and chart below show the trend of the median salary of economists in the industry sector of manufacturing from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $113,340 | 5.85% | 12.27% |
| 2017 | $106,710 | 2.22% | - |
| 2016 | $104,340 | -26.81% | - |
| 2015 | $132,310 | -8.99% | - |
| 2014 | $144,210 | 3.74% | - |
| 2013 | $138,820 | 28.37% | - |
| 2012 | $99,430 | - | - |
The average salaries of economists in two industries in the manufacturing sector are shown below. For detailed economists salary information in a particular industry, use the links provided below.
| Industry Name | Median Annual Salary |
|---|---|
| Petroleum and Coal Products Manufacturing | |
| Petroleum and Coal Products Manufacturing | |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].