Manufacturing has been the backbone of the U.S. economy for more than a century. Whether the emphasis is on durable goods or biotech/life sciences, our ability to make things continues to drive local markets. In fact, every dollar in final sales of manufactured products supports $1.34 in output from other sectors—this is the largest multiplier of any sector.
Understanding the state of manufacturing can help you achieve your company's growth initiatives. Awareness and analysis of the manufacturing environment allows you to stay on top of emerging trends in sales, the status of current job growth, revenue of manufacturers by sub-sectors and more. With your finger on the pulse of manufacturing, you can make better business decisions.
Download the latest report from Saint Louis University’s Urban Planning and Development Program to understand how the small to mid-sized manufacturing sector is finding competitive advantages towards growth and the role it plays in the economic development strategy.