Northeast Arkansas Economic Development Association:

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Presentation transcript:

Northeast Arkansas Economic Development Association: 2009 - 2015   Location Quotient Shift Share Jobs and Establishments Earnings Concentration Industry Clusters 2009 LQ 2015 Percent Change LQ Job Change Ind Mix Effect Nat Growth Effect Expected Change Competitive Effect 2009 Jobs 2015 Jobs % Change Jobs Establishments Per Worker Earning Per Estab. County Firms Jobs Advanced Materials 0.93 0.97 5% 256 (81) 244 163 93 2,787 3,043 9% 81 $162,044,344 $53,255 $2,000,547 0.351 0.084 0.108 Agribusiness, Food Processing And Technology 2.71 2.76 2% 415 (307) 725 417 (3) 8,288 8,703 435 $373,973,662 $42,972 $859,216 0.227 0.281 0.200 Apparel And Textiles 0.27 0.25 (10%) (14) (8) 18 10 (24) 210 196 (7%) 25 $4,534,150 $23,133 $183,198 0.613 0.237 0.259 Arts, Entertainment, Recreation And Visitor Industries 0.45 0.46 1% 199 46 156 202 (4) 1,787 1,986 11% 101 $37,517,423 $18,895 $373,308 0.558 0.134 0.106 Biomedical/Biotechnical (Life Sciences) 1.05 1.03 (2%) 470 48 705 754 (284) 8,068 8,538 6% $398,115,808 $46,631 $1,898,049 0.484 0.103 0.221 Business And Financial Services 0.48 0.43 (111) 108 520 628 (739) 5,951 5,840 565 $218,246,316 $37,371 $386,448 0.458 0.076 0.047 Chemicals 1.39 1.89 36% 706 (55) 150 95 611 1,715 2,422 41% 61 $129,122,938 $53,319 $2,134,263 0.344 0.095 0.151 Computer & Electronic Product Mfg. 0.08 0.16 90% 42 (9) 5 57 99 74% 2 $5,337,412 $53,939 $3,049,949 0.597 0.500 0.291 Defense And Security 0.53 (77) 194 191 (267) 2,218 2,141 (3%) 77 $72,001,902 $33,622 $941,201 0.459 0.096 0.249 Education And Knowledge Creation 0.50 0.55 10% 250 47 98 145 105 1,124 1,375 22% 36 $24,999,816 $18,187 $704,220 0.339 0.127 0.172 Electrical Equip. Mfg. 6.69 3.55 (47%) (682) (48) 133 84 (766) 1,518 836 (45%) 9 $51,048,363 $61,031 $6,005,690 0.429 0.330 Energy (Fossil And Renewable) 0.79 0.66 (17%) (339) 142 366 508 (847) 4,184 3,845 (8%) 356 $174,927,064 $45,496 $491,713 0.319 0.143 0.116 Fabricated Metal Product Mfg. 1.22 1.04 (15%) (57) 30 82 112 (169) 940 883 (6%) 44 $44,252,570 $50,122 $1,005,740 0.294 0.229 0.141 Forest And Wood Products 1.61 1.14 (29%) (717) (154) 220 66 (783) 2,516 1,798 65 $68,575,051 $38,131 $1,059,074 0.211 0.079 0.098 Glass And Ceramics 2.07 1.70 (18%) (42) 27 (70) 339 297 (12%) 4 $15,741,480 $53,016 $3,935,370 1.000 0.250 0.649 Information Technology And Telecommunications 0.57 (14%) (181) 19 227 246 (427) 2,597 2,416 116 $135,211,142 $55,965 $1,165,613 0.450 0.209 0.149 Machinery Mfg. 2.47 2.95 20% 452 16 136 152 300 1,551 2,002 29% 23 $112,136,362 $56,000 $4,983,838 0.455 0.128 0.325 Mining 1.06 1.17 87 34 59 28 286 373 31% 103 $21,021,135 $56,359 $203,595 0.233 0.332 Primary Metal Mfg. 1.63 0.91 (44%) (149) (7) 31 24 (173) 357 209 (42%) 6 $11,923,900 $57,121 $1,987,317 0.520 0.167 0.380 Printing And Publishing 0.89 0.44 (51%) (795) (80) 139 58 (853) 1,584 790 (50%) 62 $25,169,625 $31,876 $405,962 0.415 0.101 0.109 Transportation And Logistics 1.02 0% 441 217 269 486 (45) 3,078 3,519 14% 247 $160,480,341 $45,600 $649,718 0.333 0.125 Transportation Equipment Mfg. 2.66 4.17 56% 1,769 188 397 1,372 2,150 3,919 82% 21 $223,381,379 $57,001 $10,896,653 0.855 0.185 0.315 KEY Above 1.2 + Change Top 10 Above Median Above Median Average 1.42 1.29 -2% 7 212 219 -132 2,423 2,510 120 $112,261,917 $44,956 $2,060,031 0.19 0.22 1.00 -6% 14 153 149 -57 1,751 1,994 63 $70,288,476 $48,377 $1,032,407 0.14