FOR IMMEDIATE RELEASE
Contact: Jennifer Ratcliff
Manufacturers’ 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. (
MNI) Evanston, IL.
MNI (http://
www.manufacturersnews.com) 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.
“
New York’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 reports.
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 and
Connecticut) 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.
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