The manufacturing industry made headlines recently following a Feb. 23 meeting between President Donald Trump and some of the country's largest manufacturing CEOs.
Whether any policy changes will emerge from the discussion remains to be seen, but the best strategy — in terms of fostering growth throughout the U.S. manufacturing sector — may be simply to do nothing. That's because U.S. manufacturing jobs have been on the increase for the better part of five years.
Manufacturing jobs declined by around 1 million positions throughout the nation's 107 largest metros between 2006 and 2016, with some areas losing more than a quarter of their workforces. Meanwhile, between 2011 and 2016, those same 107 areas saw a 4 percent increase in manufacturing hiring. The uptick equated to a net increase of roughly 280,000 jobs, according to data from the Bureau of Labor Statistics.
Houston saw a slightly different trajectory.
Between 2006 and 2016, the Houston area added 5,600 manufacturing jobs..More