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The State of Manufacturing in Tennessee Prepared by Matthew N. Murray Center for Business and Economic Research The University of Tennessee.

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Presentation on theme: "The State of Manufacturing in Tennessee Prepared by Matthew N. Murray Center for Business and Economic Research The University of Tennessee."— Presentation transcript:

1 The State of Manufacturing in Tennessee Prepared by Matthew N. Murray Center for Business and Economic Research The University of Tennessee

2 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 2 Strengths of Tennessee’s Manufacturing Sector  A key foundation of the state's economic base and exports; competitiveness  Supports state and local tax bases  One of six dollars of state GSP from mfg  Higher likelihood of workers receiving health insurance than in other sectors  Workers receive an above-average wage  Civic involvement of firms and workers  New jobs are still being created!

3 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 3 Average Annual Wage by Industry (2000 $) Mining Construction Manufacturing Trade, Trans, Utilities Leisure & Hospitality Other Services Government Information Financial Activities Professional & Business Education & Health

4 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 4 Nonfarm Job Growth, Tennessee and U.S.

5 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 5 Mfg Job Growth, Tennessee and U.S.

6 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 6 Services Job Growth, Tennessee and U.S.

7 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 7 Distribution of Nonfarm Jobs: 1990 United StatesTennessee

8 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 8 Distribution of Nonfarm Jobs: 2005 United StatesTennessee

9 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 9 Mfg Employment as a Percentage of Total Nonfarm Employment Less than 7.0% 7.0% to 10.9% 11.0 to 19.9 20.0% or greater 1990 2004 Source: Bureau of Labor Statistics.

10 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 10 Tennessee Manufacturing Jobs: 2005 Durables  Wood  Nonmetallic Minerals  Primary Metals  Fabricated Metals  Machinery  Computer & Electronics  Electrical Equipment  Transportation Equipment  Furniture  Miscellaneous durables Nondurables  Food  Beverage & Tobacco  Textile Mills  Textile Mill Products  Apparel  Paper  Printing  Chemicals  Plastics & Rubber  Miscellaneous nondurables

11 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 11 Tennessee Manufacturing Jobs: 2005 DurablesNondurables

12 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 12 TN Durables & Nondurables Employment Source: Bureau of Labor Statistics and CBER.

13 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 13 Mfg Employment as a Percentage of Total Nonfarm Employment: 1960 to 2004

14 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 14 TN Output Shares in Durables, Nondurables, Trade and Services

15 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 15 Tennessee Gross State Product by Industry: 1997 and 2003.

16 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 16 Mfg Establishments as a Share of Total Establishments percentage Source: County Business Patterns.

17 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 17 Mfg Employment per Establishment: 1988–2003 employees

18 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 18 Manufacturing in the Southeast: 2003 State Manufacturing employeesEstablishments Share of manufacturing establishments Jobs per manufacturing establishment Alabama279,0744,980 5.0 percent56 Arkansas208,8433,127 4.9 percent67 Florida369,75414,750 3.2 percent25 Georgia449,4868,652 4.1 percent52 Kentucky260,9514,202 4.6 percent62 Louisiana149,6033,459 3.4 percent43 Mississippi172,6182,706 4.5 percent64 North Carolina591,56610,527 5.1 percent56 South Carolina283,2444,321 4.4 percent66 Tennessee393,8326,824 5.3 percent58 Virginia308,5715,841 3.2 percent53 West Virginia69,6101,442 3.6 percent48 United States14,132,020341,849 4.7 percent41

19 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 19 Mfg Establishments in Tennessee

20 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 20 Manufacturing Establishments per County, 2003 Source: U.S. Census Bureau, County Business Patterns.

21 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 21 Average Employment per Manufacturing Establishment, 2003 Source: U.S. Census Bureau, County Business Patterns.

22 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 22 Manufacturing Employment as a Percentage of Total Private Employment, 2003 State average = 18.6% Less than or equal to 18.6% 18.6% to 40.0% Greater than 40.0% Not disclosed

23 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 23 Less than 9.6%9.6% to 16%Greater than 16% Educational Attainment of Persons 25 Years and Older: Percent with Less than a 9 th Grade Education, 2000 TN Average = 9.6% U.S. Average = 7.5%

24 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 24 Projected Growth in TN Mfg Jobs: Nondurables percentage Source: CBER.

25 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 25 Projected Growth in TN Mfg Jobs: Durables percentage Source: CBER.

26 November 8 2005 M.N. Murray, Center for Business and Economic Research, The University of Tennessee, Knoxville 26 Center for Business and Economic Research Web address: http://cber.bus.utk.edu


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