Manufacturing Employment in Maryland/DC Continues Downward Trend
By Business Wire News
By Business Wire News
Manufacturers’ News, Inc.– Maryland/DC lost manufacturing jobs over the past year, but at a slower rate than in previous years, reports the 2016 Maryland/DC Manufacturers Directory®, an industrial database and directory published by Manufacturers’ News, Inc. (MNI) Evanston, IL. According to data collected by MNI, Maryland/DC manufacturers lost 470 industrial jobs from May 2014 to May 2015, or less than one percent.
MNI reports Maryland/DC is now home to 4,418 manufacturers employing 185,088 workers. Employment in the region’s industrial sector has fallen 4% over the past five years.
“While most U.S. states have recovered at least a portion of losses suffered during the recession, Maryland/DC has continued to lose manufacturing jobs,” says Tom Dubin, President of the Evanston, IL-based publishing company, which has been surveying industry since 1912. “However, this year’s losses were minimal compared to previous years, and its continued focus on high-tech manufacturing, particularly in the 3D printing industry, may help the state reverse this course in the future.”
Declines were led by the printing/publishing sector, which fell 4.9% over the year, and 12.5% over the past five years. Printing/publishing ranks first in the region for industrial employment, with 31,079 jobs.
Losses were also reported in primary metals, down 11%; lumber/wood, down 5.7%; stone/clay/glass, down 2.6%; textiles/apparel, down 1.8%.
Baltimore posted another year of losses, with industrial jobs down 1.9%, and down 15% since May of 2010. MNI data shows 63 companies have left the city over this five-year period, and 77 left the state altogether. Baltimore still accounts for the most industrial jobs in the region, however, with 30,386 jobs.
Industrial employment inched up 1.1% in Washington, D.C. according to MNI.
Established in 1912, Manufacturers’ News, Inc. is the nation’s oldest and largest publisher of industrial information. MNI offers a variety of tailored solutions to help customers connect with 430,000 manufacturers and suppliers. MNI’s industrial database subscription service EZ Select (www.ezselect.com) allows users to tap into a live interactive database of manufacturers, while its industrial search engine IndustryNet (www.industrynet.com) connects buyers and suppliers and allows users to view profiles and obtain competitive quotes. For more information, contact Manufacturers’ News, Inc. 847-864-7000. http://www.manufacturersnews.com
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