South Carolina receives A grade for manufacturing
June 13, 2018
South Carolina receives an “A” in manufacturing and “C-“ for logistics in a report from Ball State University.
South Carolina improved from “B” to “B+” in Diversification, “C-” to “C” in Tax Climate, and “F” to “D-” in Human Capital. The state maintained the grade of “A” in Manufacturing and Global Position, “C” in Benefits Costs, and “C-” in the Logistics and Liability Gap. South Carolina declined from “C” to “C-” in its Productivity and Innovation grade.
South Carolina experienced a decline in two-year growth in manufacturing value added between 2014 and 2016, the 2018 Manufacturing and Logistics Report Card released by the Ball State Center for Business and Economic Research (CBER) and Conexus Indiana.
“U.S. manufacturing and logistics are in a remarkable period of expansion,” said CBER Director Michael Hicks, George and Frances Ball Distinguished Professor of Economics and Business Research.
The report, released at the Conexus Indiana breakfast event co-hosted with the Indianapolis Business Journal titled, “Advanced Manufacturing and Logistics: Indiana’s Innovation Economy – Exploring Transportation Megatrends, features an annual scorecard comparison of advanced manufacturing and logistics health among U.S. states.
The 2018 Manufacturing and Logistics Report Card was written by Hicks and Srikant Devaraj, CBER’s research assistant professor. The reports can be downloaded from the CBER website at http://conexus.cberdata.org/.
