What is the manufacturing outlook for Ohio?
Manufacturers in Ohio had a good year in 2019, with the majority (56%) reporting that revenues were up. At the same time, revenue and workforce growth has slowed slightly compared with 2018. Manufacturers are optimistic about growth prospects in 2020.
Has Ohio increased manufacturing?
The number of manufacturing jobs in Ohio increased 2.1% from the end of 2016 to the end of 2019; that’s fewer than 15,000 new positions in 36 months. That’s also just a 3% share of the national increase for the No. 3 state in factory employment.
What is the #1 industry in Ohio?
Ohio’s manufacturing sector employs 705,900 people. The state’s factories lead the nation in the production of plastics and rubber, fabricated metals, and electrical equipment and appliances. Ohio also is a leading producer of steel, autos, and trucks.
What are the top five industries in Ohio?
The state’s economy includes historically strong industries such as insurance and banking, motor vehicle assembly, steel production, agriculture, and research and development. One in seven employed Ohioans works in the agricultural sector. Developing sectors include food processing, information, and bioscience.
Who is the largest employer in Ohio?
Cleveland Clinic Health System
|Rank||Employer||Number of Ohio employees|
|1||Cleveland Clinic Health System||50,825|
|3||The Ohio State University||34,470|
|4||Mercy Health Partners||31,500|
Why is Ohio manufacturing important?
Ohio’s manufacturing sector accounts for 12.7 percent of state employment and one-third of its total energy consumption. The state ranks sixth in the nation for industrial energy consumption. Many manufacturers produce heat by-product that could be used to generate electricity, but is currently wasted.
How many manufacturers are in Ohio?
After California and Texas, Ohio is the third largest U.S. manufacturing state, with total output in 2017 approaching $108 billion. Home to more than 12,000 manufacturers, 12.6% of the Ohio work force is dedicated to manufacturing.