The 5th Annual Manufacturing and Logistics Report Card has been released this week by Conexus Indiana and the Ball State Center for Business and Economic Research. For the second consecutive year, Indiana received a grade of A in 4 of the 9 categories that were looked at. Only Texas had as many A grades.
Indiana continued to rank high, not only in the Midwest Region, but also nationally, as it was ranked as the most manufacturing-intensive economy in the nation. The state ranks first among states in manufacturing employment per capita, 9th in logistics employment, and 10th in freight shipments by tonnage. This combined to give Indiana an A in both manufacturing and logistics.
Indiana also received an A in Global Position, ranking 10th in manufacturing exports per capita, and first in income derived from foreign manufacturing investment. The other area that received a grade of A was for its favorable tax climate.
The study also noted these Quick Facts about Indiana:
Manufacturing workers earn about 50% more than non-manufacturing workers with the same level of education
Indiana exports manufactured goods to every continent except Anartica.
Indiana has consistently improved its grades in logistics, benefit costs, diversification, and productivity/innovation.
Indiana has received straight grades of A in manufacturing, tax climate, and global reach for 5 consecutive years.