Manufacturing, Logistics Grades Maintained in North Carolina, Report Says

Manufacturing, Logistics Grades Maintained in North Carolina, Report Says David Menzies 919-274-6862
MUNCIE, Ind. -- North Carolina grades for manufacturing and logistics mostly remained the same as last year, says a new report from Ball State University. The state maintained grades in manufacturing "C+," logistics "C," human capital "C," benefits costs "C," global position "C+," productivity and innovation "B," diversification "B+," and expected fiscal liability gap "A." North Carolina improved its grade in tax climate ("B" to "B+"), the report said.


The 2017 Manufacturing and Logistics Report Card, prepared by Ball State’s Center for Business and Economic Research (CBER) for Conexus Indiana, the state's advanced manufacturing initiative, shows how each state ranks among its peers in several areas of the economy that underlie the success of manufacturing and logistics.

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CBER director Michael Hicks, the George and Frances Ball Distinguished Professor of Economics and Business Research, also explains why U.S. manufacturing and logistics industries experienced dramatic growth over the past generation with his report, Manufacturing and Logistics: A Generation of Volatility & Growth.

The study found that U.S. manufacturing production grew 11 percent since the dot.com bust (2000-03) and the ensuing economic turbulence of the 2001 and 2007-09 recessions.

“According to folklore, this has been a terrible generation for manufacturing and those who move goods,” Hicks said. “That isn’t really what the data says. Indeed, 2015 was a record manufacturing production year in inflation-adjusted dollars. While 2016 fell just short with some weakness in the first and second quarter, 2017 looks to be a new record year.”

Reports are available at http://conexus.cberdata.org/

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