12/25/2024

Calfiornia’s Manufacturing Challenges Detailed in Report Card

California’s manufacturing sector received middling marks in an economic report released this week.
The 2013 Manufacturing and Logistics Report Card ranked states based on several factors including human capital, cost of worker benefits, industry diversification, innovation and tax climate. States also received a grade for overall industry health.
On that measure, California got a C+ — meaning the state’s manufacturing sector passed, although not with flying colors. The Golden State received an F for expensive worker benefit costs along with a D for high taxes. Both grades declined from last year’s report card, released by Ball State University in Indiana.

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