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According to new data collected this week by IndustryNet, industrial employment in Massachusetts flatlined for yet another year, inching down a half percent, or by 2,180 jobs over the past twelve months.
High business costs, global competition, and a strong dollar continue to plague some of the Massachusetts' more traditional sectors, while industries representative of the state's focus on tech and innovation, are on the rise. This has contributed to a historic 5.6% surge in real GDP for the state in the third quarter. Boston industrial jobs rose 7% over the past year, according to IndustryNet data.
This post will explore major trends in Massachusetts' manufacturing sector, delving into city, county, and regional data collected by IndustryNet. We'll also examine some of the major a...(Full Article)
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