A recent article published in the July issue of the fedgazette (a publication of the Federal Reserve Bank – Ninth District), relayed that despite uncertainty, moderate economic growth is expected for the manufacturing industry.
“While manufacturing employment was down from a year ago, output turned positive during 2010 in Minnesota and the Dakotas, as shown in survey results released by Creighton University. The improvement in manufacturing is also made evident by the increase in the number of hours worked by manufacturing employees. Since April 2009, hours worked increased in all district states except Montana.
The data suggest that manufacturers are boosting output through longer hours instead of hiring new workers. A similar trend is beginning to appear among nonfarm workers nationally.
Not only is staff working more hours per week, but they are producing more per hour worked. During the first quarter of 2010, national productivity levels for nonfarm employees increased more than 6 percent compared with a year earlier, the largest gain since 2002.” (Grundewald, Madden, 22)²
With the positive outlook for those in the manufacturing industry, now is the perfect time to ensure that manufacturing buildings are updated and efficient for both work output and employee health. Oftentimes, remodeling existing facilities to include efficient Green or LEED features has enhanced employee satisfaction and productivity.
Learn more about the benefits of LEED/GREEN building development and remodeling here.
