Top Manufacturing Growth Markets
While industrial production has dropped in Europe and growth has slowed in China, U.S. factories have continued a more than 33-month expansion, according to a recent NewGeography.com survey. The study assessed manufacturing employment growth in the 65 largest metropolitan statistical areas in the U.S.
The Seattle-Bellevue-Everett, Wash., market is leading the country’s manufacturing revival. During the past year the region was second in the nation in manufacturing growth and logged a 7.9 percent increase in employment. The Texas-Oklahoma energy belt boasts the largest number of cities in the top 10. Second-ranked Oklahoma City saw a 6.1 percent increase in manufacturing employment during the past year and expects to add 1,000 jobs this year. Houston (No. 4), San Antonio (No. 7), and Fort Worth-Arlington, Texas, (No. 9) also experienced growth.
Manufacturing’s comeback has also revitalized the Rust Belt. The Warren-Troy, Mich., area’s concentration of skilled workers and engineers recently attracted a $60 million investment from Brose, a German car parts manufacturer. In addition, sixth-ranked Cincinnati saw a 5.4 percent growth in industrial employment during the past year.
Top Regions for Manufacturing Growth
- Seattle-Bellevue-Everett, Wash.
- Oklahoma City
- Salt Lake City
- Houston-Sugar Land-Baytown, Texas
- Warren-Troy-Farmington Hills, Mich.
- Cincinnati-Middletown, Ohio-Ky.-Ind.
- San Antonio-New Braunfels, Texas
- Austin-Round Rock-San Marcos, Texas
- Fort Worth-Arlington, Texas
- Milwaukee-Waukesha-West Allis, Wis.