FORT WAYNE, Ind. – Job growth in manufacturing, northeast Indiana’s largest employment sector, is expected to rise 2.3 percent during the next decade, according to a projection released by Northeast Indiana Works in its inaugural monthly labor market information report.
The projection offered by the Community Research Institute at IPFW (CRI), shows northeast Indiana’s manufacturing job growth through 2024 will top manufacturing sectors in a number of other similar Midwest regions, including Toledo, Ohio (-5.6 percent); Dayton, Ohio (-5.4 percent); Kalamazoo, Mich. (-2.7 percent); South Bend (-1.1 percent) and Grand Rapids. Mich. (2 percent).
The job growth in northeast Indiana manufacturing is expected to be especially strong in motor vehicle body and trailer manufacturing (21.1 percent) and architectural and structural metals manufacturing (16.7 percent).
The projection is based on data from Economic Modeling Specialists International, which takes into account the latest industry figures; 15-year past local trends; and growth rates statewide and nationally.
Manufacturing jobs are expected to grow almost 4 percent in 2014 – from 75,924 to 78,881 – taper slightly through 2018, then pick up again through 2024 to 80,659.
Gary Gatman, Northeast Indiana Works vice president for strategic initiatives, said it’s possible there won’t be a dip at all.
“Anecdotal hiring evidence,” he said, “suggests that manufacturers will show sustained job growth, especially for skilled, credentialed workers. The unknown, as always, is what will happen to supply and demand over the long haul.”
Other industry sectors in northeast Indiana are also expected to experience job growth in the next decade, according to the projection offered by CRI. Among them: health care and social assistance (28.5 percent); construction (26.5 percent); and transportation and warehousing (20.3 percent).
Overall, job growth in 11 northeast Indiana counties is expected to rise 11.6 percent over the next 10 years.
An analysis provided by the Indiana Department of Workforce Development shows the hot manufacturing jobs in northeast Indiana in the first quarter of 2014 were maintenance and repair workers and manufacturing engineers, based on online job postings. The top manufacturing certifications in northeast Indiana online job ads were Certified Public Accountant and Six Sigma.
About Northeast Indiana Works: Northeast Indiana Works provides public and private financial and employment resources to businesses and individuals for education and skills training to meet the needs of regional industries. The nonprofit sets policy for how public and private funds are utilized to support talent development. It also operates and staffs the 11 county-based WorkOne Northeast career centers in the region. Individuals and companies may access resources and services by visiting or calling WorkOne in their county.
The data in this report was compiled in partnership with the Indiana Department of Workforce Development and the Community Research Institute at IPFW. It covers Adams, Allen, DeKalb, Grant, Huntington, LaGrange, Noble, Steuben, Wabash, Wells, and Whitley counties.
Source: Northeast Indiana Works