The latter part of the 20th century’s transformation in manufacturing is now clearly seen among the industry’s workforce and plant locations, a new study says.
Dr. Michael Hicks of Ball University writes an op-ed in Industry Week, citing manufacturing’s move back into cities and more highly-educated persons making up the workforce.
The quite simple truth is that manufacturing in American is doing extremely well and is enjoying record levels of production. At the same time, the places factories are located and the people who work in these factories have gone through epic change. As economists have been saying for some time, the big winners in this transformation are college graduates with technical degrees located in large urban places. This trend will continue for the remainder of the 21st century.