Manufacturing

Manufacturing plays a particularly important role in supporting jobs in a core group of states in the upper Midwest and South states. The manufacturing sector employs workers at all skill and education levels, and is a particularly important provider of jobs with good wages for workers without a college degree.

The data show that manufacturing employment was stable for three decades until 1998, and has been on a largely downward trajectory since then, with traditional manufacturing states hit particularly hard. Given its size and importance, we cannot ignore the consequences of such a decline. Further, the policies that would help manufacturing the most are those that would help close the nation’s large trade deficit.

For the manufacturing sector, the last two business cycles have resulted in historically weak business cycle recoveries.

Publications

Publication

Oregon’s semiconductor incentives package should focus on people and place

In creating a package of incentives to attract chip manufacturers, the Oregon legislature should prioritize investments that will deepen the state’s talent pool, promote equity, and strengthen its infrastructure. The drive to create an incentive package stems from the congressional enactment of the CHIPS Act, which pledges tens of billions of dollars to ramp up domestic semiconductor manufacturing. Understandably, Oregon lawmakers are eager to see some of that money flow to Oregon. In putting together a package to attract chip manufacturers intent on applying for the federal funds, lawmakers should resist calls for direct corporate subsidies, which are often ineffective. At the very least, any new corporate subsidy should come with guardrails to limit the risk to Oregon.

State of Working North Carolina

  • September 6, 2018
  • Alexandra Forter Sirota, Allan Freyer, Patrick McHugh, Suzy Khachaturyan, William Munn, and Hyun Namkoong
As North Carolina grapples with the best way to build stronger regional economies, policymakers should consider the central and positive role that public infrastructure can play in deepening the connections for the state’s workforce to jobs, the state’s businesses to markets and the state’s residents to well-being.
This year’s State of Working North Carolina report presents the ways in which public infrastructure and local assets — specifically, anchor institutions — can help connect workers in rural areas to jobs, boost rural communities, and contribute to more equitable growth of the state’s economy.