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What are some major industries in Massachusetts?
The leading industries in Massachusetts include biotechnology, maritime trade, engineering, information technology, finance, tourism, as well as higher education.
What is the biggest company in Massachusetts?
General Electric
Ranked by Total revenue 2020
| Rank | Company/Prior rank (*unranked in 2020)/URL | Total revenue 2019 |
|---|---|---|
| 1 | GE (General Electric Co.) 5 Necco St. Boston, MA 02210 877-394-9775 ge.com | $95.21 billion |
| 2 | Raytheon Technologies Corp. 870 Winter St. Waltham, MA 01701 781-522-3000 rtx.com | $45.35 billion |
What are the biggest industries in Boston?
The most significant industry sectors among Boston’s largest employers are Health Care, Finance and Insurance, and Higher Education. These three industries account for approximately 74% of all employment in Boston’s largest employers, or roughly 142,000 jobs across 61 companies.
What are the main industries in New England?
What is the major industry of the New England colonies? Major industries in the New England Colonies included lumber, whaling, shipbuilding, fishing, livestock, textiles, and some agriculture.
What is the number one industry in Massachusetts?
Today, the fields of education and health services employ the most people in Massachusetts. Another top industry is manufacturing, especially computer and electronic products. Massachusetts’ technology sector has flourished in recent years and is among the most concentrated in the nation.
How many businesses are in Massachusetts?
Massachusetts has 599,389 small businesses, according to the most current federal data available. Of those 599,389 small businesses in Massachusetts, 175,217 have employees. The remaining 424,172 are Massachusetts small businesses that have no employees.
What is Massachusetts known for producing?
Massachusetts’ most valuable crops include greenhouse and nursery commodities, making up over one third of the state’s total agricultural production, followed by cranberries, sweet corn and apples. The most valuable livestock products of the Bay State are dairy products.
What are the biggest industries in New England?
The largest manufacturing industries in the state are (1) computer, electronics, communications equipment, (2) chemical, pharmaceuticals, (3) medical equipment, supplies, and the new growth industry (4) biotechnology.
What is the biggest industry in Massachusetts?
As it turns out, General Electric looks to the be the biggest company in Massachusetts clocking in with 295,000 employees. Now, check out how the 100 biggest companies in Massachusetts ranked.
What are the economic activities in Massachusetts?
Overview: Massachusetts has a very developed economy, with the nation’s third highest per-capita income. Much of the state’s most important economic activity is concentrated in high tech sectors like biotechnology, information technology, and defense.
What are the agricultural products of Massachusetts?
In terms of revenue generated Massachusetts’ top five agricultural products are greenhouse and nursery products, cranberries, dairy products, sweet corn , and apples . Dairy products account for about 12% of Massachusetts’ livestock products income. Cattle and calves, aquaculture, chicken eggs, and turkeys are also important to the state.