Perhaps no sector in the U.S. economy generates more angst than manufacturing.
Yet manufacturing remains critically important. Over the period from 1997 to 2012, labor productivity growth in manufacturing—3.3% per year—was a third higher than the rest of the economy. Clearly manufacturing is no technological laggard, accounting in 2012 for 68.9% of all R&D expenditures by U.S. businesses and employing 36% of the nation’s scientists and engineers, the largest share of any industry.
Thanks to jobs growth, Grand Rapids-Wyoming, MI; Elkhart-Goshen, IN; and Louisville/Jefferson County, bordering Indiana and Kentucky, all make the list of manufacturing's recent winners in the U.S.
Read the full story at forbes.com.