Vermont

Industry

The estimated value of shipments of manufactured goods was $8 billion in 1997. Scales, machine tools, and electronic components are important manufactured items.

Earnings of persons employed in Vermont increased from $9.4 billion in 1997 to $9.99 billion in 1998, an increase of 6.4%. The largest industries in 1998 were services, 28.3% of earnings; durable goods manufacturing, 14.9%; and state and local government, 12.2%. Of the industries that accounted for at least 5% of earnings in 1998, the slowest growing from 1997 to 1998 was nondurable goods manufacturing (5.6% of earnings in 1998), which increased 3.1%; the fastest was services, which increased 5.6%.