Public Policy Institute of New York State, Inc.

Just the Facts - Key Economic and Social Indicators for New York State

Manufacturing Capital Investment (millions of $), 1997-98

Table 17

Rank

State

Amt.

 

Rank

State

Amt.

1
California

$32,394

 

27

Connecticut

$3,769

2

Texas

24,049

 

28

Kansas

3,274

3

Michigan

19,132

 

29

Colorado

3,151

4

Ohio

17,841

 

30

Arkansas

3,133

5

Illinois

15,347

 

31

Mississippi

2,966

6

Pennsylvania

13,666

 

32

Maryland

2,930

7

NEW YORK

$11,607

 

33

Oklahoma

2,593

8

Indiana

11,104

 

34

Idaho

2,275

9

North Carolina

10,333

 

35

Utah

2,055

10

Georgia

8,684

 

36

West Virginia

1,716

11

Wisconsin

8,431

 

37

Nebraska

1,550

12

Tennessee

8,285

 

38

Maine

1,497

13

Massachusetts

7,037

 

39

New Hampshire

1,388

14

Louisiana

7,017

 

40

Vermont

1,329

15

South Carolina

6,870

 

41

New Mexico

1,131

16

Kentucky

6,655

 

42

Delaware

1,105

17

Minnesota

6,580

 

43

Rhode Island

788

18

New Jersey

6,389

 

44

Nevada

546

19

Florida

6,235

 

45

South Dakota

515

20

Alabama

6,146

 

46

North Dakota

412

21

Oregon

6,029

 

47

Montana

310

22

Virginia

6,023

 

48

Alaska

272

23

Missouri

5,407

 

49

Hawaii

199

24

Washington

5,245

 

50

Wyoming

186

25

Arizona

4,045

 

U.S. total

$303,640

26

Iowa

3,986

  N.Y.S. % of U.S. total

$303,640

Source: U.S. Census Bureau http://www.census.gov/prod/www/abs/geograph.html

Manufacturing investment in New York rose more than 15% compared to 1995-96, while the national increase for the period was 13.4%.