Manufactured exports in the state of Minnesota increased to $4.2 billion during the first quarter
Minnesota manufactured exports increased to $4.2 billion in the first quarter of 2008, which was 8.5% higher than the same period a year ago.
Minnesota manufactured exports increased to $4.2 billion in the first quarter of 2008, which was 8.5% higher than the same period a year ago. The Minnesota Dept. of Employment and Economic Development (DEED) reportedand in nine of our top 10 manufacturing sectors during the quarter.” Canada, Minnesota's largest trading partner, posted the biggest value gain in the quarter, increasing its purchases of state manufactured goods by $255 million, up 27.3% from a year ago, to $1.2 billion. Minnesota’sother top export customers during the quarter were China ($287 million), Japan ($211 million), Germany ($184 million) and the United Kingdom ($177 million). Computers and electronics was the state’s largest export category in the quarter, accounting for about $1 billion in sales, an increaseof 6.6 percent from a year ago. U.S. manufactured exports grew 14.3% in the first quarter, with the largest gains coming from the petroleum, chemicals and primary metals products industries.
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Annual Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.