Tuesday, August 21, 2012

10% or bust

Let's stick with the state theme for now.  So there is a lot of news today about the state of manufacturing in Pennsylvania.   Seems like some of that might be slightly interested in what we know about past trends.   Here is that trend data in manufacturing employment put in terms of a percentage of total employment.

What do I see? Basically a long term trend with brief acceleration in 2008-2009 as the recession impacts got the trend ahead of itself.  Since then we have basically been within an insignificant digit bouncing around the all time low of just below 10% of the  total jobs in the state coming from manufacturing.  Incredibly flat as these things go over the last several years.  Barely a blip up or down...  flattest it has ever been in a sense. 

The comparable number for the Pittsburgh region you ask?  7.66%. 


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