The President’s Pen is a weekly blog written by Jonathan Smith, New Vision’s President and CEO about local economic development projects and initiatives. It also covers economic trends, workforce issues, business climate policies, and manufacturing news.
Manufacturing as a whole has been hit hard over the past ten years, losing 4.7 million jobs nationally. However, there are industries within the sector that show growth. The top 10 fastest-growing manufacturing industries from 2001-2010, all showing job gains, were:
Locally we have quite a few companies in the industry groups listed above. This certainly bodes well for our area. Our local manufacturing sector lost several thousand jobs over the last decade (which follows state and national trends). Over the last year though, Yakima County manufacturers had added back over 1000 jobs. Let's hope this manufacturing renaissance continues and that we continue to see job gains in the industries above.
Thanks to the Prosser Economic Development Association for this information.