See this update from Conexus Indiana, as recent economic reports mark a full year of positive economic growth for U.S. manufacturing - good news for Indiana, as the nation's leader in per capita manufacturing employment.
Via the Conexus Indiana blog (read the original post here):
U.S. manufacturing is leading the nation out of recession with a full year of positive growth, even as the construction and housing markets continue to struggle.
The latest report from the Institute for Supply Chain Management showed July marked the 12th straight month of expansion for the manufacturing sector. Manufacturing employment has also grown faster than many analysts expected, good news that helped spark a modest Wall Street rally on Monday. (See this story in the Indianapolis Star for more analysis.)
This data dovetails with the Indiana-specific economic forecast included in the Conexus Manufacturing and Logistics Report Card, which predicts that the state’s total manufacturing compensation will grow by nearly $2.5 billion over the second half of 2010 and 2011.
The future looks bright for manufacturing nationally and especially here in Indiana, the most manufacturing-intensive state in the union, as we focus on fast-growing markets like electric vehicles and medical devices.
The question that Conexus Indiana is focused on is this – as Hoosier manufacturers seek to expand, will they be able to find the skilled workers they need to grow and remain competitive?
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