New York’s Niche Manufacturers
The American economy has lost nearly 5.8 million manufacturing jobs over the last two decades. Today, over 75% of U.S. manufacturers employ 20 or fewer workers. Although these small companies account for just 9% of the country’s manufacturing jobs, “they are by and large the types of businesses that have been growing and creating jobs” since the Great Recession, writes Kim Gittleson of the BBC News.