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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe Indianapolis/Carmel/Anderson metro area ranks 27th of 100 U.S. metro areas in the number of local jobs in the advanced-industries sectors, a new study says.
The study, released this month by the Brookings Institution, a not-for-profit public policy group, looks at job and output trends among America’s advanced industries.
Brookings’ definition of advanced industries includes 50 industries that employ a heavy number of research and development, science, technology, engineering and mathematics workers. Such industries include pharmaceutical and medicine manufacturing, engineering, computer systems design and others.
In 2015, the Indianapolis metro area had 96,698 jobs in this sector, the study says. This put Indianapolis between 28th-ranked Cleveland/Elyria, Ohio, metro—which had 94,396 advanced-industries jobs—and 26th-ranked Tampa/St. Petersburg/Clearwater, Florida, with 102,974 such jobs.
Indianapolis’ largest advanced-industry sector was computer systems design and related services, with 15,941 jobs, or 16.5 percent of all local jobs within advanced industries.
The second-largest sector was pharmaceutical and medicine manufacturing. This sector had 13,712 jobs, or 14.2 percent of all advanced-industries jobs.
Next was motor-vehicle parts manufacturing, with 9,054 jobs—9.4 percent of advanced-industries jobs.
Two other sectors—architectural, engineering and related services; and management, scientific and technical consulting services—rounded out the top five, each with 8,917 jobs, or 9 percent of all advanced-industries jobs.
From 2013 to 2015, the Indianapolis metro area saw average annual job growth of 4.3 percent within advanced industries. This placed Indianapolis 20th of the 100 metros in the study.
The 2013-2015 job growth also represented an improvement over the 2010-2013 period, when the area saw only 2.3 percent average annual job growth in these industries. During that period, Indianapolis ranked 56th.
To read the full study, visit http://brook.gs/2aW0PZH.•
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