Georgia's manufacturing industry health is below average--and has been for the last six years, a new report shows.
The Georgia manufacturing industry is struggling. The health of Georgia’s manufacturing industry was rated a D+ grade in the Manufacturing and Logistics National Report Card put together by the Center for Business and Economic Research at Ball State University. The overall industry makes up 6.9 percent of Georgia’s economy.
This annual report shows how each state ranks in several economic factors that are key to the success of manufacturing and logistics. For the past six years, Georgia has earned a D or D+ grade each year.
The report was broken down to the following categories: logistics industry health, human capital, worker benefit costs, tax climate, expected liability gap, global reach, sector diversification, and productivity and innovation. Here’s how Georgia stacks up in 2015:
Manufacturing Industry Health: D+
Logistics Industry Health: B
Human Capital: D
Worker Benefit Costs: A
Tax Climate: C-
Expected Liability Gap: B+
Global Reach: B
Sector Diversification: A
Productivity and Innovation: C
To learn more and read Georgia’s 2015 report card, visit http://conexus.cberdata.org/state/ga.