Ohio Manufacturing Sets Another GDP Record

Ohio manufacturing’s economic output has surpassed its previous highwater mark set in the second quarter of last year. According to the U.S. Bureau of Economic Analysis, the Buckeye State’s seasonally adjusted annual manufacturing GDP yielded more than $118.3 billion in Q3 of 2021 — up from $116.9 billion in Q2 of last year and $112.4 billion in Q4 of 2019, before the start of the pandemic.

Meanwhile, Ohio is down about 40,000 manufacturing jobs compared to 2019, in large part due to the labor shortage. (Ohio Means Jobs currently has roughly 25,000 manufacturing-related postings.) 1/13/2022