16:37 | 23.07.2015
Texas Manufacturing Employment Growth Slows
Manufacturers’ News, Inc.– After posting three straight years of
significant manufacturing employment growth, Texas industrial jobs
inched up by just a half percent in the past year, according to the 2015
Texas Manufacturers Register®, an industrial database and
directory published by Manufacturers’ News, Inc. (MNI) Evanston, IL.
Data collected by MNI shows Texas gained 8,500 manufacturing jobs from
May 2014 to May 2015.
Manufacturers’ News reports Texas is now home to 22,567 manufacturers
employing 1,245,117 workers. According to the database publisher,
industrial employment in the Lone Star State grew 6.2% between May 2011
and May 2014.
“Texas gets high marks for a quality workforce, its stronghold in tech
and innovation, and a lower cost of doing business, all of which have
helped industrial employment grow,” says Tom Dubin, President of the
Evanston, IL-based publishing company, which has been surveying industry
since 1912. “However, growth is beginning to lag largely due to the
decline in oil prices.”
Manufacturers’ News reports employment growth in industrial machinery
stalled over the survey period, after growing nearly 13% since May of
2011. The industrial machinery sector ranks first in the state for
number of manufacturing jobs, employing 184,258.
Employment in the state’s second-ranked oil and gas extraction sector
continued to rise, but at a slower rate than in previous years, growing
6.6%, in contrast to the 10.7% rate of growth reported over the
2013-2014 survey period. The oil and gas industry currently accounts for
142,399 Texas industrial jobs.
For the full story, including a list of companies opening in the state, click
here or visit http://www.manufacturersnews.com/news.
MNI reports industrial jobs rose 3% in Houston over the year, but
declined one percent in both Fort Worth and Dallas, and declined 1.4% in
Established in 1912, Manufacturers’ News, Inc. is the nation’s oldest
and largest publisher of industrial information. MNI offers a variety of
tailored solutions to help customers connect with 430,000 manufacturers
and suppliers. MNI’s industrial database subscription service EZ Select (www.ezselect.com)
allows users to tap into a live interactive database of manufacturers,
while its industrial search engine IndustryNet (www.industrynet.com)
connects buyers and suppliers and allows users to view profiles and
obtain competitive quotes. For more information, contact Manufacturers’
News, Inc. 847-864-7000. http://www.manufacturersnews.com
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