Central Region Industrial Labor Report
The Central Region remains a cornerstone of the U.S. industrial economy, supported by a diverse manufacturing base, strategic transportation infrastructure, and a workforce that continues to serve both traditional production and emerging advanced manufacturing industries. As reshoring, supply chain diversification and domestic investment accelerate, the region is attracting capital across the automotive, aerospace, defense, energy and logistics sectors. While labor availability remains a key consideration, favorable demographics, competitive operating costs and ongoing workforce development initiatives position the Central Region for sustained industrial growth and long-term real estate demand.
Population growth continues to support that demand. The Central Region's 17 metropolitan areas are now home to 57.1 million residents, projected to grow 2.8% over the next five years, 70 basis points (bps) above the 2.1% national rate. Material moving and production employment are projected to increase by 2.8% and 2.1%, respectively, over the same period. The four Texas markets, Austin, Dallas, Houston and San Antonio, lead employment growth at an average rate of 6.5%, while Minneapolis, Madison and Kansas City lead the Midwest at an average rate of 3.0%.
The Central Region Industrial Labor Report External Link examines the interplay between the supply and demand for industrial labor in the warehouse and manufacturing sectors, as well as the supply and demand for industrial space.
Key industrial markets covered include:
|
|
|
