January 3, 2020 Upstate Business Journal

Page 11

NEED TO KNOW

| NEWS

MANUFACTURING

The Upstate ranked among top 10 best places to work in manufacturing n story by JESSICA MULLEN

According to a new study by SmartAsset, the Upstate ranks in the top ten best places to work in manufacturing in the U.S. in 2019. Spartanburg was ranked fourth, and the Greenville-Anderson-Mauldin metro area was ranked seventh. SmartAsset analyzed cities’ friendliness to the manufacturing workforce based off of the following six factors:

23.7% Of Spartanburg’s workforce is in manufacturing

• Manufacturing as a percentage of the workforce. • Four-year job growth. • One-year job growth. • Four-year income growth. • One-year income growth. • Housing costs as a percentage of average income for manufacturing workers. Spartanburg claimed the fourth spot on the SmartAsset list. The study found that 23.7% of the workforce was employed by the manufacturing industry and the typical mortgage in Spartanburg is 15.8% of the average income for manufacturing workers in the area. The same study ranked the Greenville-Anderson-Mauldin metro area at seventh. According

8% of the nation’s workforce to the study, the Greenville-Anderson-Mauldin area ranks in the top third of the 376 total metro areas in the U.S. for all six metrics. The area also ranks within the top 10% of the study for four-year income growth from 2014 through 2017, at 13.4%. The manufacturing industry accounts for 8% of the U.S. workforce,

is in manufacturing

which translates to roughly 12.8 million employees nationwide, according to SmartAsset.

To read the full report visit UpstateBusinessJournal.com

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January 3, 2020 | upstatebusinessjournal.com

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