Research Reports: Manufacturing and Texas Shale
View on Axios website"Partial credit: A new paper by analysts at think tank Resources For the Future says the drop in natural gas prices thanks to the fracking boom has helped the U.S. boost manufacturing employment, but not as much as prior analyses suggest.
'We estimate that the 2007–12 natural gas price decline raised overall manufacturing employment by about 0.6 percent. For the industries in the top quartile of the energy intensity distribution, we estimate employment gains of 1.8 percent,' they write."
