2001-2017: San Antonio manufacturing engine | 2001-2017: San Antonio manufacturing engine | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=18626 | 2017-12-19T06:00:00Z | 2017-12-19T23:50:00Z | SAN ANTONIO – A new study released December 2017 by the San Antonio Manufacturing Association shows just how much the industry has powered the city’s economic engine in the last 16 years.
Since 2001, the total measurable economic impact of San Antonio-area manufacturing has more than tripled, from $12.9 billion to $40.5 billion in 2016.
Manufacturing workers in San Antonio earned a total of nearly $3 billion in wages last year, 36 percent more than a decade ago. Local manufacturing jobs on average pay 23 percent more than non-manufacturing jobs in the area—in 2001, that pay gap was 13 percent.
Researchers noted a continuing shift of manufacturing jobs away from low-skill work and toward high-skill, high-tech careers. Trinity professors Richard Butler and Mary Stefl led the research team that created the report.
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