Always known for the quality of its silk and carpets, Yazd today is one of Iran's industrial centers for textiles. There is also a considerable ceramics and construction materials industry and unique confectionery and jewellery industries. A significant portion of the population is also employed in other industries including agriculture, dairy, metal works and machine manufacturing. There are a number of companies involved in the growing information technology industry, mainly manufacturing primary materials such as cables and connectors. Currently Yazd is the home of the largest manufacturer of fibre optics in Iran.
Yazd's confectioneries have a tremendous following throughout Iran, which has been a source of tourism for the city. Workshops (experts or khalifehs) keep their recipes a guarded secret and there are many that have remained a private family business for many generations. Baghlava, ghotab and pashmak are the most popular sweets made in the city.
In 2000 the Yazd Water Museum opened; it features exhibits of water storage vessels and historical technologies related to water.
Yazd has expanded its industrial fields since the 1980s. With over 3 main industrial areas each containing over 70 different factories, Yazd has become one of the most technologically advanced cities of Iran. The most famous corporations include Yazd Steel, Shimi Plastic Yazd, and Yazd Polymer.