California MFG job growth continues to lag the country Percent change since 2010
Rest of United States
8.5% Jan ‘10: 10,211,600 Feb ‘17: 11,082,300 870,700
February 2017
4.1% California Jan ‘10: Feb ‘17:
Jan. 2010 2010
2011
2012
Sources: Labor Market Information Dept, U.S. Bureau of Labor Statistics
2013
2014
2015
2016
Chart: CA Manufacturers & Technology Assn. As of March 27, 2017 www.cmta.net
2017
1,248,400 1,299,700 51,300
40
Kentucky
39.36
investments per 1 million people
MFG site selectors finding fertile ground outside of CA Manufacturing investments per 1 million people by state 2015
2015: California attracted
30 Nebraska 25.6 Louisiana 23.57
1.55%
of U.S. MFG investments
1.07
MFG investments per 1 million people
( 41 of 2641)
20
Rest of U.S. had 9.38 MFG investments per 1 million people
10
KY NE LA AL OH SD IN IA NC KS MI ND SC TN MS IL WI TX NV AR OK VT VA MN MO MT WY ME RI GA WV NM PA ID CT NH MA MD DE UT FL NY WA HI AZ OR CO AK NJ
CA
Sources: Conway Data / Site Selection Magazine, Census Bureau population statistics
Chart: CA Manufacturers & Technology Assn. www.cmta.net
MI 32.49%
MFG job growth in states with more than 100,000 MFG jobs since 2010
20%
KY 17.88% IN 16.92% FL 16.81% SC 16.59% UT 15.72%
15%
TN 14.68% CO 14.34% OR 13.90% OH 12.62% AL 12.30% GA 11.88% WI 11.85%
10%
WA 9.74% MN 9.54%
NC 6.75% AZ 6.61% MO 5.97% IA 5.59%
5%
TX 3.86% OK 3.54% MS 3.50% IL 2.65%
CA 2.57%
KS 2.03% PA 1.29%
0
MA -0.36% LA -1.46% NY -2.07% CT -2.86% AR -3.03%
NJ -4.78%
-5%
Jan 2010
Jan. 2013
source: Bureau of Labor Statistics chart : CA Manufacturers & Technology Assn. www.cmta.net @cmta
Oct. 2016
South Carolina
4,727.3
reshored jobs per 1 million people
CA attracting only tiny share of reshored jobs Reshored jobs per 1 million people by state -- 2010 to 2015
2010 to 2015: California attracted
1.1%
of U.S. Reshored jobs
38.6
Reshored jobs per 1 million people
(1,479 of 130,385)
Rest of U.S. averaged 468.7 reshored jobs per 1 million people
SC TN AL MS GA VT NC UT KY MI LA SD CO VA IN OH DE KS AR NV NH NY TX MO NM RI CT OR ME FL PA WY NJ MD MA WV IA ID WI Sources: Reshoring Initiative (Puerto Rico eliminated) Chart: CA Manufacturers & Technology Assn. www.cmta.net
IL
NE MT WA AZ MN
CA
California industry job growth since 2010 and Avg. salary Job growth 32.6%
90.8 thousand new jobs
Educational Services
32.0% Construction
183.6 68.0 348.4
& 28.0% Accomodation Food Service
$21.4
97.3
20.9% Transportation, Warehousing & Utilities
39.3
20.1% Management of Companies & Enterprises 19.1% Health Care & Social Assistance
349.4
65.1
15.2% Information
69.0
14.3% Other Services
$124.0
$35.9 $61.6 $29.7
11.8% Retail Trade
178.2
$58.5
$140.7
12.2% Farm
45.7
$110.7
$75.1
13.4% Real Estate & Rental & Leasing
33.3
$40.4
$59.5
16.9% Wholesale Trade
107.2
$33.9
18.4
3.6% Finance & Insurance
$112.2
42.5
3.4% Manufacturing
$82.9
71.9 2.9%
Government
$63.4
0% Mining & Logging sources: CA Labor Market Info Department, Center for Jobs and the Economy
in $ thousands
$61.1 $54.7
Scientific & 26.3% Professional, Technical Services
263.1
$50.1
Entertainment 28.2% Arts, & Recreation
& Support 27.7% Administrative & Waste Services
234.1
Avg. Salary
$133.4 chart: California Manufacturers & Technology Association
as of August 4, 2016
www.cmta.net @cmta
California is most expensive workers’ compensation state
$3.24 California work comp premiums
Workers’ compensation premiums per $100 of payroll - 2016
6-yr work comp premium trend
30.0% $3.48
California
$3.24
20.1%
Growth in premium
9.0% $2.92 $2.68
2010
$2.04
2012
-7.8% $1.88
2014
-9.3% $1.85
2016
U.S.
-10.8% $1.78
Decline in premium
U.S. Average $1.78 per $100 of payroll
CA NJ NY CT AK DE OK IL RI LA MT WI VT ME WA HI NH SC MO NM MN NC WY IA AL PA GA ID MS TN NE SD FL MI CO KY AZ MD TX OH KS DC NV MA OR UT VA WV AR IN ND
Source: 2016 Oregon Workers’ Compensation Premium Rate Ranking Summary Chart: CA Manufacturers & Technolgy Association www.cmta.net
California manufacturers paid 79% more than U.S. average for electricity in 2015
California
12.33
Industrial rates by state, annual average
cents per KW/h
CA cost premium
79% more than U.S. avg. in 2015
79%
since 2010
70% 57%
60%
48% 44% 2010
‘11
‘12
‘13
‘14
‘15
U.S. Average 6.89 cents per kilowatt hour
WA MT
OK LA KY
TX GA IA SC OR ALWV AR NM MO Competitor states: western and industrial
Source: U.S. Energy Information Administration
UT
AZ TN IL NYNC
ID MS
IN NV WY OH VA CO MN MI PA SD
Chart: CA Manufacturers & Technology Association www.cmta.net
KS NE
WI
DE ND
FL MD
@cmta as of June 10, 2016
DC ME VT
NJ
NH CT MA RI AK HI
CA
