Economic Outlook n° 1187 | Special Report | The Reindustrialization of the United States
Euler Hermes
The Southern Draw… Top 10 U.S. States America CANADA Seatle Olympia
WASHINGTON Portland
Salem OREGON
Boise IDAHO
Carson City Sacramento San Francisco NEVADA CALIFORNIA Los Angeles UTAH ARIZONA Santa Fe Phoenix NEW MEXICO Dallas TEXAS Austin Pacific Ocean MEXICO Houston New Orleans Tallahassee Salt Lake City
COLORADO Denver
NORTH DAKOTA Helena MONTANA WYOMING Cheyenne Bismarck
SOUTH DAKOTA Sioux Falls
NEBRASKA Lincoln Topeka KANSAS
Oklahoma City OKLAHOMA
MINNESOTA St. Paul IOWA
WISCONSIN Madison
Des Moines
Springfield Chicago
MISSOURI Jefferson City
ARKANSAS Little Rock LOUISIANA
MISSISSIPPI Jackson
Baton Rouge FLORIDA Miami Atlantic Ocean
ALABAMA Montgomery
Atlanta GEORGIA
MICHIGAN Lansing
Detroit ILLINOIS
Indianapolis INDIANA
Columbus OHIO
Frankfort KENTUCKY Nashville TENNESSEE Columbia SOUTH CAROLINA Raleigh NORTH CAROLINA
NEW YORK Albany
New York
PENNSYLVANIA Harrisburg
Washington
WEST VIRGINIA
Charleston Richmond Augusta Montpellier
VERMONT Providence
MAINE Concord Detroit MASSACHUSETTS RHODE ISLAND
CONNECTICUT Hartfort
NEW JERSEY Philadelphia
Trenton VIRGINIA
E. Top 10 U.S. States GSP
Louisiana Oregon
Wyoming
North Carolina Texas
Alaska
New Mexico Delaware Virginia
Source: Euler Hermes Methodological Note:
A proxy for productivity by state can be calculated as follows: > Gross State Product (GSP) in the manufacturing sector is known and can be divided into 52 weeks; >then the number of employees and the average number of weekly hours can be multiplied to determine the total number of “employee-hours/week”; > when this number is divided into GSP/week, the result is GSP/employee- hour. Conceptually, this is the dollar amount of output created by one worker in one hour. A proxy for Unit Labor Costs can be derived made simply by divi- ding GSP by total compensation (wages and benefits), effectively showing how many dollars of GSP are created by each dollar of total compensation. The combined ranking is the simple average of the productivity and cost ranks.
/employee hour 2011 209.3 163.4 139.5 93.0
102.3 83.9 92.7 82.2 81.2
rank
1 2 3 5 4 8 6
10 11
GSP
/Compensation 2010
rank
combined rank
5.0 11 4.1 22 3.3 33 2.8 55 2.6 76 2.8 46 2.7 66 2.3 2.4
9 8
10 10
F. Auto Plants in the Southeast
Opened 1983 1986 1994 1997 1997 2001 2001 2003 2005 2010 2011
Fall 2011*
*A right-to-work state is one where employees are not required to join a union if one is in place, with the general effect of keeping total compensation lower than that in states where union labor dominates
Company Nissan Toyota BMW
Nissan Location
Smyrna, Tenn. Georgetown, KY
Mercedes-Benz Vance, Ala. Toyota Honda Nissan
Greer, South Carolina Decherd, Tenn.
Huntsville, Ala. Lincoln, Ala. Canton, Miss.
Hyundai Montgomery, Ala. Kia
West Point, Ga.
Volkswagen Chattanooga, Tenn. Toyota
Blue Springs, Miss.
EmployeesAnnual production capacity 6,000 7,000 n/a
1,250 2,800 768
4,000 4,500 2,500 3,000
2,000c 2,000
550,000 n/a n/a n/a
174,000 n/a
300,000 400,000 300,000 300,000b 150,000 150,000
Notes: *projected to be 360,000 in 2012; projected to be 2,300 by fall 2011; projected opening date Source: Individual companies, Congressional Research Service, Chambers of Commerce
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