As for the states that are creating the most manufacturing jobs, the chart shows the ranking, as Michigan tops the list followed by Texas, Indiana, Ohio and Wisconsin.

Manufacturing companies in those states offer products and services that range from autos, furniture, tools, computers, computer software, toys, plastics, food, liquor, machinery, piping, chemicals, oil and gas.

"The auto industry will see some more jobs as foreign companies will invest in plants here," Cherin added. "And that means more jobs for making cars as well as in auto-related industries."

As for the future, the hope is that more companies like GE and Ford will bring jobs back home, said Chad Moutray, chief economist at the National Association of Manufacturers.

"As prices rise for labor overseas, we think American firms will find it more to their liking here," Moutray said.

Another advantage the U.S. has for manufacturers is lower energy costs—thanks in no small part to an ongoing boom around natural gas found in shale formations.

"Companies like that. With shale energy lowering costs, it's a huge advantage to them," he said.

More American exports would contribute even more domestic manufacturing jobs, Moutray said.

Click HERE for the full article! 


Post a Comment