Monday, November 19, 2012

Manufacturing in Portland Outperforms Rival Cities

Portland metro's manufacturing sector provides 11 percent of all area jobs. The Value of Jobs coalition produced a report stating:
  • In 2010, Portland-metro’s manufacturing sector produced $32.6 billion worth of output, which constitutes more than 26 percent of total regional output;
  • The manufacturing sector is a gateway for workers from a variety of backgrounds to gain access to family-wage jobs and good benefits;
  • Roughly 70 percent of all manufacturing firms in the region have fewer than 20 employees; and
  • Portland-metro is home to a number of “tipping point” industries that positions the region well for possible growth in the future.
Since 1990 Portland has outperformed 8 rival cities in terms of manufacturing jobs, including Seattle, Minneapolis and Denver.

Click here to read the full report.