ADVERTISEMENT
Advertise Here

Office Hours

Washington among more affordable manufacturing states, says study

donateWhen Boeing decided to move some aircraft production to South Carolina, many folks declared it as final proof that manufacturing in this region was on the decline and would not recover.  

Despite that pessimism, it's possible to find the opposite view. A recent study found that eight of the top 10 states for cost-efficient manufacturing are in the West or Northeast.

The results, prepared by the American Institute for Economic Research, is called the AIER “Competitiveness and Business Costs” study.
 
The study suggests Oregon is the most affordable location for new manufacturing sites.

Washington was ranked 10th best, on the basis of a state-by-state comparison of the production cost per dollar output of manufactured goods – that is, how much it costs to produce one dollar value of goods in different states.

The study used 2007 Economic Census data and relied on Data Envelopment Analysis, which looks solely at production costs and outputs.
 
Behind Oregon, the most cost-efficient manufacturing states are Connecticut, Iowa, North Carolina, New York, Arizona, Massachusetts, Nevada, Colorado and Washington.
 
The least cost-effective states, according to the study, are: Mississippi, North Dakota, Kentucky, Vermont, Alabama, Louisiana, Alaska, Montana, South Carolina and Idaho.

Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus
« Back to Office Hours

Get blog updates by email

About this blog

The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.

Sign up for our business email newsletter
Latest comments »

Read all the posts from recent conversations on Office Hours.

Contributors

Alison Boggs (@alisonboggs) Online Producer Alison Boggs posts and manages content on spokesman.com and its social networking accounts.

Recent work by Alison

Scott Maben Scott Maben is a Deputy City Editor who covers North Idaho news and higher education.

Addy Hatch is the city editor, and formerly was business editor.

Search this blog
Subscribe to this blog
ADVERTISEMENT
Advertise Here