FOR IMMEDIATE RELEASE
Contact: Jennifer RatcliffManufacturers’ News, Inc.
1633 Central St.
Evanston, IL 60201
(847) 864-9440 ext. 241
jratcliff [at] manufacturersnews.com
EVANSTON, IL –New York
’s manufacturing employment dropped another 3% over the past 12 months according to the 2008 New York
Manufacturers Register, an industrial guide published annually by Manufacturers’ News, Inc.
) Evanston, IL. MNI
) reports New York
lost 26,344 manufacturing jobs and 810 manufacturers since August 2006, prolonging the downward trend the state has seen since 2001.
Manufacturers’ News reports New York
is home to 18,819 manufacturers employing 828,362 workers. MNI
surveys both large and small manufacturers, including small start-up companies with just a few employees. According to MNI
, 48% of New York
companies ceasing operations over the past year employed five or fewer workers. MNI
also identified 80 companies employing 3,000 that moved out of state over the past year, with 30 of these companies moving to New Jersey
, taking 1,100 jobs.
’s job losses echo those seen across the Mid-Atlantic and Midwest. ”said Tom Dubin, President of the Illinois
-based company, which has been surveying industry since 1912. “Rust Belt manufacturers continue to be lured by cheaper labor costs overseas, particularly in China, which is increasingly capable of handling greater production capacity.”New York
’s neighbors fared no better over the past year with Pennsylvania
’s industrial employment dropping 2.3% and New Jersey
suffering a slighter 1.2% loss, according to earlier MNI
Large drops were seen in New York
’s transportation sector with the automotive industry down 19% over the past 12 months. Manufacturers of motor vehicle parts suffered the largest share of these losses with 5,141 jobs lost in this sector.
Losses in the automotive sector were offset by significant gains in the printing and publishing industries over the past year. MNI
reports printing and publishing represents 17% of the state’s manufacturing employment or 139,007 jobs. MNI
data shows this sector was one of the few to gain jobs over the past year with an increase of 4.8% or 6,335 jobs. Commercial printing accounts for 45,409 of the state’s printing/publishing jobs, up 10% from a year ago.
Other sectors dropping jobs over this period include office machinery manufacturing, down 6.5%, printed circuit boards, down 22%, and jewelry manufacturing, down 10%. MNI
’s regional analysis shows New York
accounts for 4.7% of the nation’s manufacturing plants, and 4.4% of its related jobs, ranking 5th and 6th in the US, respectively. The greater New York
City area (not including New Jersey
) accounts for the most industrial jobs in the state. MNI
reports this area from Duchess, Ulster, and Sullivan Counties south to Long Island represents 53% of the state’s manufacturing employment or 437,019 jobs. Employment in this area is down 1.9% or 8,611 jobs from last year, according to the Register’s newest data.
The Western part of the state accounts for the second most jobs, and also saw the greatest decline over the past twelve months, currently home to 217,555 manufacturing jobs, down 5.7% or 13,073 jobs from a year ago. Central New York
accounts for 117,015 jobs or 14.1% of the state, down 1,999 jobs or 1.7%, while Upstate New York
accounts 56,773 jobs or 6.8% of the state, down 2,661 jobs or 4.5% since August 2006. New York
City is home to the most industrial jobs, accounting for 19% of the state’s manufacturing employment or 155,545 jobs, and is home to 2,888 plants. MNI
reports industrial employment is up in NYC by 1.3% or 2,070 jobs, although the number of manufacturers has dropped 5.4% from a year ago. New York
City ranks among the top 50 cities in the US by manufacturing employment, at 2nd in the nation for number of manufacturing jobs and 3rd for related plants, just behind Chicago and Houston. Brooklyn ranks 2nd in New York
and 14th in the nation for number of manufacturers with 1,356 manufacturers employing 33,630 workers. MNI
reports Buffalo is home to 568 manufacturers employing 28,379, while Long Island City accounts for 17,196 of the state’s jobs and 369 plants.
Detailed profiles of New York
’s 18,819 manufacturers and 1,237 industrial distributors can be found in the 2008 New York
Manufacturers Register, available in print for $189 and on CD-ROM from $265. Each profile provides up to 30 facts, including vital contact information (phone, web, e-mail), names and titles of 47,639 key executives, product(s) manufactured, annual sales, number of employees, and more. Visitors to http://www.mnileads.com
may generate custom company selections using thirteen different criteria, including area or zip code, county, SIC, sales volume, number of employees, and more. Manufacturers’ News, Inc.
, publisher of manufacturers’ directories since 1912, compiles and produces manufacturing guides, statistics and databases for all 50 states. For more information, contact Manufacturers’ News, Inc.
, 1633 Central St., Evanston, IL, 60201, 847-864-7000, FAX 847-332-1100.