Where
U.S. Manufacturing Is Thriving In 2018, by Joel Kotkin and Michael Shires,
5/23/18.
The
‘80s futurist John Naisbitt once called manufacturing a “a declining sport,”
and to be sure the share of Americans working in factories has fallen far from
the 1950 peak of 30% to roughly 8.5% last year.
Yet,
manufacturing’s contributions to the economy are far out of proportion to its
shrinking share of employment. In 2013, the
manufacturing sector employed 12 million workers, but generated an additional
17.1 million indirect jobs.
It has the largest multiplier of any economic sector: each dollar’s worth of
manufactured goods generates $1.40 in output from other sectors of the economy.
Perhaps most important may be the higher wages it provides for blue-collar
workers. According to the latest BLS data, goods-producing industries
pays $56,799 a year on average during the latest period in our rankings—much
higher than other working-class fields like health care and education
(averaging $45,676 annually) and leisure and hospitality ($20,879).
To
determine the places where manufacturing growth is the
strongest, we looked at employment in the sector in 373 metropolitan
statistical areas,
assessing short-, medium- and long-term trends going back to 2006 and
adding in variables for persistence and momentum. The results of these trends,
based on three-month averages, are normalized and each MSA is assigned a score
based on its relative position in each area. (For a more detailed description
of the methodology, click here.)
Over
the past eight years manufacturing has bounced back strongly from the crater
the sector fell in during the Great Recession, gaining 1.1 million jobs. In
recent months, 17 of the 18 major industries have been in growth mode, according to the Institute for
Supply Management.
Manufacturers expect to add nearly 2% more
jobs nationally during calendar 2018 and
the Institute’s Purchasing Manager’s Index has shown 20 months of
continuous growth through April 2018.
San Diego
CA 168,600
Troy MI
160,700
Phoenix
AZ 127,100
Grand
Rapids MI 115,700
Oakland
CA 97,400
Louisville
KY 82,000
Salt Lake
City UT 58,400
Orlando
FL 46,500
Miami FL
43,800
Raleigh
NC 35,000
Omaha NE
34,000
Albany NY
26,600
Las Vegas
NV 23,400
West Palm
Beach FL 20,000
Norb Leahy, Dunwoody
GA Tea Party Leader
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