The Future of Manufacturing

Team NEO’s October 2021 Quarterly Economic Review explores the manufacturing industry

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Technology Driving the Future of Manufacturing

Manufacturing in the Northeast Ohio Region is a $46 billion industry with 248,000+ workers and 7,700 facilities. The industry was critical to Northeast Ohio’s response to the COVID-19 pandemic with efficient and timely production of much-needed personal protection equipment. Accounting for 20% of the Northeast Ohio’s gross domestic product (GDP), manufacturing is a driving force in our region’s economy. This Quarterly Economic Review explores the state of manufacturing today and the projections through 2025.