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Manufacturing Trends in Austin, TXAustin Regional Manufacturing AssociationWorkforce ForumMarch 27, 2013
Jobs: The Story We All KnowSource: U.S. Bureau of Economic Analysis               Manufacturing Manufacturing             ...
Manufacturing OutputSource: U.S. Bureau of Economic Analysis, Adjusted for Inflation (2005 dollars) 60% 50%               ...
Austin: A Production Economy?Source: U.S. Bureau of Economic Analysis, Adjusted for Inflation (2005 dollars)• Manufacturin...
Austin: A Production Economy?Source: U.S. Bureau of Economic Analysis, Adjusted for Inflation (2005 dollars)Note: Data not...
Brian Kelsey, PrincipalCivic Analytics LLCbrian@civicanalytics.com512-731-7851         http://civicanalytics.com         @...
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Manufacturing Trends in Austin, TX

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Brian Kelsey's presentation at the Austin Regional Manufacturing Association (ARMA) Workforce Forum on March 27, 2013.

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Manufacturing Trends in Austin, TX

  1. 1. Manufacturing Trends in Austin, TXAustin Regional Manufacturing AssociationWorkforce ForumMarch 27, 2013
  2. 2. Jobs: The Story We All KnowSource: U.S. Bureau of Economic Analysis Manufacturing Manufacturing Jobs 2001 Jobs 2011 Change United States 16,913,600 12,344,600 -27% Austin MSA 78,568 54,480 -31% Manufacturing Manufacturing Share of Total Share of Total Jobs 2001 Jobs 2011 Change United States 10.2% 7.0% -3.2 Austin MSA 9.2% 4.9% -4.2March 27, 2013 | ARMA Workforce Forum
  3. 3. Manufacturing OutputSource: U.S. Bureau of Economic Analysis, Adjusted for Inflation (2005 dollars) 60% 50% Total Change (2001-2011) Austin MSA Austin MSA 203% 40% United States 26% 30% 20% 10% 0%-10% United States-20% 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011March 27, 2013 | ARMA Workforce Forum
  4. 4. Austin: A Production Economy?Source: U.S. Bureau of Economic Analysis, Adjusted for Inflation (2005 dollars)• Manufacturing’s share of total GDP in Austin MSA grew from 9% in 2001 to 18% in 2011— now the largest contributor to economy• Manufacturing added $10 billion to regional economy during 2001-2011—responsible for 34% of total GDP growth in Austin MSA• Productivity—output per worker has grown from $63,000 to $274,000 during 2001-11March 27, 2013 | ARMA Workforce Forum
  5. 5. Austin: A Production Economy?Source: U.S. Bureau of Economic Analysis, Adjusted for Inflation (2005 dollars)Note: Data not available for all MSAs. Rank among available MSAs. Austin MSA Rank Among MSAs 2011 ($50+ billion GDP)Share of Total GDP 18% #6Output Growth* 203% #2Productivity** $274,192 #5Avg Compensation*** $102,102 #4* 2001-2011** Output per worker*** Includes wages and benefitsMarch 27, 2013 | ARMA Workforce Forum
  6. 6. Brian Kelsey, PrincipalCivic Analytics LLCbrian@civicanalytics.com512-731-7851 http://civicanalytics.com @brianjkelsey linkedin.com/in/brianjkelseyMarch 27, 2013 | ARMA Workforce Forum

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