TN Gets ‘B’ in Manufacturing Business Climate

Tennessee is a strong in manufacturing, but production growth is limited by Tennesseans’ relatively low level of educational achievement, says a Ball State University study. From the Commercial Appeal’s brief story:
The 2013 Manufacturing and Logistics Report Card, an analysis from Ball State’s Center for Business and Economic Research (CBER), grades all 50 states on factors that lead to success.
Tennessee received these other grades: Logistics, B+; Human Capital, D-; Worker Benefit Costs, B+; Tax Climate , C; Expected Liability Gap, B; Global Reach, B; Sector Diversification, B; and Productivity and Innovation, C-.
“This year the state saw the scorecard register improvements in tax climate and the expected fiscal liability gap,” ” stated Ball State’s Michael Hicks, CBER director and economics professor.
“These two changes suggest that Tennessee will see improved prospects for manufacturing. Still, the only real constraint to making goods in Tennessee remains the quality limitations of the workforce.”

The report is available at: cms.bsu.edu/academics/centersandinstitutes/bbr/currentstudiesandpublications

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