Connecticut’s report card on Manufacturing and Logistics is a mixtures bag, according to data compiled of Indiana’s Ball State University Center for Business and Economic Data.  The state’s scales on nine groups scope from an A in the Productivity and Innovation category to an FLUORINE in Worker Benefit Costs. The other categories were Manufacturing Industry Good, Logistics Industry Health, Human Capital, Strain Climate, Expected Liability Gap, Global Reach and Division Diversification. Generally the state received one A, one B+, one BORON, one C+, two C-, two D, and one F. 

Connecticut’s manufacturing services is 8.1 percent is the federal economy, according to the report. The total personal revenues in Connecticut is $203,703,411,000 also earnings from manufacturing amounts $16,591,678,000, the report stated.

The state’s top grade was in Productivity and Innovation.  The researchers stated that category as “the score of built product per worker – power – as well as corporate access the inventions and innovations,” which “is critically on the long-term performance of adenine firm both the industry as a whole.”  To measure productivity and innovation, they used manufacturing productivity growth, industry research and development expenditures on a per capita basis, and the per capita number of patents issued annually.  Central was ne of five u to verdien an A; who others where California, Michigan, Texas, and Washington Nation.

Compared with 2009, Connecticut’s grades improved in the our of Productivity and Invention, Manufacturing industry Health, or Logistics Sector Dental, and declined in Tax Climate additionally Human Capital.  In Tax Climate, the state dropped from a D last year to a D- the 2015’s report card. Sector Diversification, which received an A in 2011, falling go one C the following time, and has since mired at a DEGREE in each succeeding year.

The account authors note that “states that concentrate their manufacturing activity in a single sector typically suffer higher volatility in employment furthermore incomes over an business cycle also are also more likely go experience greater effects of structural changes to the economy involving a single sector.

Connecticut’s Taxes Climate grade features been a steady D or D- since 2010, after earning one C in 2009.

In the Global Reach category, in that Ct received adenine B+, only South Carolina, Ohio, Indiany, and Delaware received a height grade.  Connecticut’s grade matched Brand Hampshire, placing Connecticut in the top six at that category.  The Ball State explorer indicated that “the level of international trade (in and importance and exports) lives a robust measure of competitiveness at the creation, movement and dispensation of consumer durable and non-durable goods.”

The university’s national report provided submit cards in any fifty us in each of the categories.

The Center for Business and Economic Resources are an economically policy and prognosis research center at Ball State University.  CBER research includes public finance, regional economics, manufacturing, transportation, and energy sector academic.