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U.S. Manufacturing Jobs on the Rise: Indiana Among States Leading the Charge

Posted 6:22 PM by

Jobs in the manufacturing sector over the last decade have declined at a higher rate than those lost during the Great Depression, according to a report from the Information Technology & Innovation Foundation (ITIF), Worse Than the Great Depression: What the Experts Are Missing About American Manufacturing Decline

Though I hesitate to say that U.S. manufacturing jobs have made a “comeback,” I would say that we are starting to see the light at the end of the tunnel in the manufacturing world. Numerous American companies such as Caterpillar, GE and Ford have started sending jobs back to the United States. It is no secret that the United States has struggled to compete in the global markets. However, due to increasing production, lower energy costs, and a rise in labor prices overseas, we are starting to reclaim some of the 5.7 million jobs that were lost over the past 12 years.

This isn’t the only good news. In CNBC's Top U.S. states for new manufacturing jobs, Indiana was named the third-highest state for job creationg in the manufacturing sector, behind Michigan and Texas, and ranks as the top manufacturing state in shares at 16.4% in .

Experts are optimistic that manufacturing will rise again, just maybe not to the extent that it once was. We are going to see a shift from a manual factory line to a much more technologically savvy production line. Rodney Brooks, founder, chairman and CTO of Rethink Robotics believes the manufacturing future will flourish because of more intelligent automation. He points out that PCs did not take away office jobs. In fact, they enabled employees to work on more complex tasks and think at a higher level. In the same way, robots will not replace manufacturing workers; they will merely do the repetitive tasks and allow the factory worker to focus on more difficult responsibilities. (View CNBC's Industrial Revolutions: 3C Printing and Robotics for more on the story.)

About the Author
Sarah Hammond is a manager in Katz, Sapper & Miller’s Business Advisory Group. Sarah provides financial, tax and consulting services to a variety of industries. She has experience in tax planning, forecasts and projections, and financial analysis. Connect with her on LinkedIn.

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