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Manufacturing Is Still Buffalo’s Business

Is manufacturing still strong in western New York? According to Buffalo Business First, U.S. government statistics show that the two-county Buffalo metropolitan area ranks 14th for manufacturing employment among the nation’s 51 major metros. In the Buffalo-Niagara Falls region today, nearly 12% of all civilian jobs are in the manufacturing sector. Compare that to Detroit, the national leader at just over 18%.

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U.S. Manufacturers Forecast Growth Despite Concerns

U.S. manufacturers are more optimistic about their own revenue growth than about overall prospects for the U.S. and global economies. According to the Q3 2014 Manufacturing Barometer from PwC US, American industrial manufacturers forecast an average growth rate of 5.6% over the next 12 months. That’s nearly a half-percentage point jump from a year ago (5.2%), and a solid 1.6% increase from 2013.

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Rochester Re-Invents Itself (Again): The Future of NYS Manufacturing

Rochester, New York has re-invented itself before. During the American Revolution, soldiers settled the fertile farmland near the Genesee River and grew grain. During the Industrial Revolution, residents milled flour. Later, during the Gilded Age, George Eastman founded Kodak and sold cameras under the slogan: “You press the button – we do the rest.” Ultimately, Xerox and Bausch + Lomb also called Rochester home.

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