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Study: U.S. Manufacturing, Logistics Industries Grew Dramatically over Last Generation

Ball State University study says U.S. manufacturing and logistics industries experienced dramatic growth over the past generation.

U.S. manufacturing production grew 11% since the dot.com bust (2000-03) and the ensuing economic turbulence of the 2001 and 2007-09 recessions, according to Manufacturing and Logistics: A Generation of Volatility & Growth, released today by the Ball State Center for Business and Economic Research (CBER) and Conexus Indiana.

“According to folklore, this has been a terrible generation for manufacturing and those who move goods,” says CBER Director Michael Hicks, George and Frances Ball Distinguished Professor of Economics and Business Research. “That isn’t really what the data says. Indeed, 2015 was a record manufacturing production year in inflation-adjusted dollars. While 2016 fell just short with some weakness in the first and second quarter, 2017 looks to be a new record year.”

More goods produced by fewer workers

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