As first reported by the Northeast Mississippi Daily Journal, Mississippi’s manufacturing sector is being held back by its dismal record of educational achievement as the state received average grades for manufacturing and logistics, says a new report from Ball State University.
The 2013 Manufacturing and Logistics Report Card, an in-depth analysis from Ball State’s Center for Business and Economic Research, grades all 50 states.
Mississippi received the following grades:
» Manufacturing: C+
» Logistics: C-
» Human Capital: F
» Worker Benefit Costs: B
» Tax Climate: B
» Expected Liability Gap: D
» Global Reach: D
» Sector Diversification: A
» Productivity and Innovation: F
“Mississippi’s grades dropped from “C” to “D” in global position category due to lower relative export growth,” says CBER director Michael Hicks. “As with neighboring states, the real drag on Mississippi’s manufacturing sector is its dismal record of educational achievement.”
The continued expansion of the nation’s manufacturing sector continues to be one of the bright spots for the recovery. Unfortunately, it hasn’t been enough to drag the entire economy into a full blown recovery, he says.
CBER prepared the report at the request of Conexus Indiana, the state’s advanced manufacturing initiative. It is available here.