Manufacturing
Article

4 Reasons Why Manufacturing Is Resurging in the Midwest

by
Thomas Insights
July 11, 2022
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Summary

In the past few years, U.S. manufacturing has been steadily on the rise – a shift that appears to have been particularly beneficial to Midwestern states. Thomas Net shares four likely reasons for this industry trend.

In 2017, the Center for American Progress described the Midwest as a region “left behind by the economy” thanks to “globalization, the decline of manufacturing, and the growing economic dominance of coastal metropolises.”

Further analysis from the institute concluded that the loss of millions of manufacturing jobs was most likely the prime cause of economic crisis in the region. Indeed, in 2010, the Midwest had 9.3% fewer workers than at the beginning of the decade and had earned itself the moniker the “Rust Belt,” which refers to the region’s ongoing loss of factory jobs. Between 2000 and 2016, the U.S. lost a whopping five million manufacturing jobs, of which 1.5 million were in the Midwest.

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Thomas Insights
Thomas Insights

For over 120 years, Thomas has served as North America’s number one industrial sourcing platform and marketing powerhouse. We serve professionals on both sides of the industrial buying process to create solutions that inform, support, and empower industry.

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