Overall, the U.S. manufacturing industry is growing and adding jobs faster than the rest of the economy. Since February 2017, the U.S. has added 222,000 new manufacturing jobs, “accounting for 9.8 percent of payroll jobs added in the U.S.,” according to Bloomberg. Furthermore, jobs in the manufacturing industry offer higher average weekly earnings, compared with the private sector as a whole. The reasons for this boom in manufacturing are worth examining.
To learn more, check out the infographic below created by the Washington State University’s Online MBA program.