Yet More Scary Graphs Of Manufacturing: Midwest Edition
In every single state in the Great Lakes region, save Michigan, manufacturing employment has either peaked or (charitably) gone on a growth hiatus.
Figure 1: Manufacturing employment by state, in logs, 2019M01=0. Source: BLS, and author’s calculations.
While national manufacturing is still rising (albeit very slowly, essentially flat), it remains less than 0.1% above January levels. And manufacturing employment continues to grow in California (interestingly, a state — California — by the metrics of the Arthur Laffer-Stephen Moore-John Williams – ALEC economic outlook ranking should be doing very badly is still growing).
Figure 2: Manufacturing employment by state, in logs, 2019M01=0. Source: BLS, and author’s calculations.
Disclosure: None.