Although market conditions have eased somewhat compared to one year ago, the industrial labor market in the Northeast is poised for continued growth in the demand and cost of this workforce.
This report is intended to provide macro-level labor market indicators and is not meant for site selection decision-making purposes. Please contact our Location & Labor Analytics team for a customized, location-specific labor analysis.
Northeastern states are committed to expanding warehouse opportunities in and around their major metropolitan areas. To meet the growing demand from a wealthy consumer base, warehouse job opportunities are projected to increase by 2.4%. The median household income in these states exceeds $85,000, significantly higher than the national average.
The report highlights the key 11 metropolitan areas in close proximity to major industrial markets in the Northeast across Connecticut, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Northern Virginia, and Pennsylvania. It looks at 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 in the region.
