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World : North America : USA : Wisconsin WI : Milwaukee city : economy

Milwaukee city, economy - Pictures


As recently as 1960, manufacturing accounted for more than 40 percent of the four-county metropolitan area's employment. Recessions, mergers and acquisitions, and global competition reduced that proportion to 24 percent by 1990. Membership in labor unions has suffered a corresponding decline. Despite these massive shifts, manufacturing is still the foundation of the local economy. In keeping with its popular image, Milwaukee remains a leading producer of beer. Miller Brewing, one of the nation's largest brewers, has its headquarters in the city. But makers of iron and steel products employ far more residents. Milwaukee is the home of Briggs & Stratton (small engines), Allen-Bradley (industrial controls), A. O. Smith (electric motors and water heaters), Harley-Davidson (motorcycles), Harnischfeger Industries (mining and material handling equipment), Johnson Controls (automotive systems and building control systems), and Master Lock (security products).
Microsoft® Encarta® Online Encyclopedia 2001
http://encarta.msn.com © 1997-2001 Microsoft Corporation. All rights reserved.
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