[Vision2020] Idaho mentioned as second to California

Kenneth Marcy kmmos1 at frontier.com
Mon Aug 12 06:27:58 PDT 2013


http://tinyurl.com/man6cvx

"In July, America's manufacturing sector grew for the second month in a 
row. This improvement is in line with longer-term trends, according to 
the Institute for Supply Management. While some experts are predicting a 
revival, manufacturing has lagged the economy for years. The country has 
lost nearly 2.5 million manufacturing jobs in the last 10 years.

Last year, the manufacturing sector was responsible for 12% of the 
nation's total economic output. In Indiana, the state where 
manufacturing contributes most, the figure was 28.2%. 24/7 Wall St. 
reviewed the 10 states where manufacturing represented the largest total 
share of the state economy.

*Click here to see the 10 states where manufacturing matters 
<http://247wallst.com/special-report/2013/08/09/ten-states-where-manufacturing-matters/2/>*

The states with the biggest manufacturing economies specialize in 
different industries. In Oregon, nearly $38 billion of the state's $50 
billion manufacturing sector came from computer and electronic product 
manufacturing. In Louisiana, more than 10% of the state's entire 
economic output in 2011 came from the manufacturing of petroleum and 
coal-based products. Michigan and Indiana both have sizable auto 
industries, with Michigan's auto industry accounting for slightly less 
than a third of all its manufacturing output in in 2011.

*2. Oregon*
*> Manufacturing share of output:* 27.8%
*> Manufacturing output 2012:* $55.16 billion (10th highest)
*> 2012 Unemployment rate:* 8.7%

Oregon manufactured nearly $38 billion worth of computer and electronic 
products in 2011, up from the year before, and second in the nation. 
That output is behind California, but its percentage of total GDP was 
20%, surpassing by far second place Idaho, where computer and electronic 
manufacturing accounts for only about 5.8% of total output as of 2011. 
Recent outside investments in the state reinforce the tech-heavy 
industries in Oregon. In the first half of this year, for example, AT&T 
invested nearly $80 million in its Oregon network to improve performance 
for Oregon residents, according to the Portland Business Journal."



Ken
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