Grand Rapids ranks No. 3 among large cities for ‘thriving’ manufacturing
Grand Rapids was ranked third among large cities where manufacturing is “thriving,” according to a new study.
AdvisorSmith, a financial services advisory startup based in New York, ranked Grand Rapids at No. 3 over other large cities such as Hartford, Connecticut; Greenville, South Carolina; Detroit; and San Francisco.
According to the report, manufacturing output per capita was $13,931 in Grand Rapids compared with a national average of $7,032.
Grand Rapids ranked No. 20 among cities of all sizes, beating out Kalamazoo at No. 33 and Battle Creek at No. 44.
Major manufacturing industries in Grand Rapids that were listed in the study include office furniture, automotive and medical devices.
AdvisorSmith analyzed cities using data from the U.S. Bureau of Labor Statistics, the Census Bureau and the Bureau of Economic Analysis.
The study ranked cities based on their manufacturing output per capita, manufacturing employment and other factors, then categorized the results by small, medium and large cities.
The full report is online.
Top 10 large cities where manufacturing is thriving:
1. San Jose, California
2. Wichita, Kansas
3. Grand Rapids
4. Palm Bay, Florida
5. Hartford, Connecticut
6. Ogden, Utah
7. Greenville, South Carolina
8. Durham, North Carolina
10. San Francisco
Posted By: Grand Rapids Business Journal on January 24, 2020. For more information, please click here to read the source article.
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