Report: Quality of Connecticut’s manufacturing workforce improving
Some good news for Connecticut”™s troubled business landscape has come from a new nationwide report saying that the quality of the Nutmeg State”™s manufacturing workforce has improved.
The 2017 Manufacturing and Logistics Report Card found that Connecticut”™s grades improved in workforce, or so-called “human capital,” from C to B-; worker benefits costs improved from F to C-; expected fiscal liability gap moved from D- to D; and productivity and innovation improved from B- to B+.
The state”™s grades remained unchanged in manufacturing industry health, which again received a C+; in its tax climate, which once more received a D; and in the health of its logistics industry, which again earned a D. Grades declined in global reach ”“ from B+ to B ”“ and in sector diversification, from D to D-.
The report card was produced by Ball State’s Center for Business and Economic Research for Indiana”™s advanced manufacturing initiative Conexus Indiana.