IndustryWeek Report USA – Manufacturing Revenue Drops 34%
The 62 companies representing manufacturing on the IndustryWeek U.S. 500 posted a whopping 34.3% drop in revenue, to $1.05 trillion, a big reason the list’s total revenue dropped from nearly $6 trillion to $5.38 trillion.
The IndustryWeek U.S. 500 is IW’s exclusive annual ranking of America’s largest public manufacturers, based on revenue.
http://www.industryweek.com/industryweek-us-500/first-look-state-manufacturing
http://www.industryweek.com/resources/us500/2016
http://iw-us-500.industryweek.com/industryweek/quote?Symbol=%24IW500
The End of the American Manufacturing Renaissance
Year-over-year growth in manufacturing employment has been negative for three months in a row, and it would appear that whatever manufacturing employment renaissance occurred in the years immediately following the Great Recession is over.