Report: Wisconsin manufacturing climate improving
Ball State University’s Center for Business and Economic Research has released the results of its 2014 Manufacturing and Logistics Report. The study, produced for Conexus Indiana, ranks states in areas of the economy that affect manufacturing and logistics. Wisconsin received an A for human capital, or the quality and availability of labor, up from a B last year. It also received an A in expected liability gap. The state received a D for its tax climate. Other grades included:
Worker benefit costs: C
Global reach: C
Search diversification: B
Productivity and innovation: C
Overall, the state’s grades dropped slightly in the manufacturing industry category but improved in the diversification category. “Wisconsin is seeing solid improvement in the manufacturing climate for these and other reasons, and should see significant improvement in the years to come,” said CBER Director Michael Hicks, in a release.