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New York scores F grade for manufacturing

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New York’s manufacturing industry received an F grade in the 2013 Manufacturing and Logistics Report Card, completed by Ball State University’s Center for Business and Economic Research.

The report grades all 50 states in numerous areas of the economy that determine the success of manufacturing and logistics.

The state earned a C in logistics, which factors in the ability of businesses to store and distribute goods. It scored a C- in human capital, which measures the quantity and quality of available labor, and a C- in worker-benefit costs.

The manufacturing industry comprises 3.9 percent of the state economy, according to the study. Visit www.conexus.cber to view the results.

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