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Manufacturing matters to the United States because it provides high-wage jobs, commercial innovation (the nation’s largest source), a key to trade deficit reduction, and a disproportionately large contribution to environmental sustainability. The manufacturing industries and firms that make...
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Analysis of data on employment, earnings, and the number of business establishments engaged in U.S. manufacturing finds that:In Metropolitan areas, especially large metropolitan areas and central metropolitan counties, contain the great majority of manufacturing jobs and nearly all very...
Persistent link: https://www.econbiz.de/10013235846
An analysis of employment and wage data for 114 metropolitan areas that specialized in manufacturing in 1980 and lost manufacturing jobs from 1980 to 2005 finds that:Two-thirds (76) of the 114 metropolitan areas, mostly in the Midwest, performed worse than the nation as a whole in both job...
Persistent link: https://www.econbiz.de/10013238279
Improving manufacturing’s performance is a crucial part of the solution to America’s trade, innovation, and income distribution problems and is especially important to the well-being of metropolitan areas throughout the Great Lakes region. Manufacturing’s decline has contributed to the...
Persistent link: https://www.econbiz.de/10013238280