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Visioning 2030 for Region 6 George A. Erickcek W.E. Upjohn Institute for Employment Research July 24, 2014.

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Presentation on theme: "Visioning 2030 for Region 6 George A. Erickcek W.E. Upjohn Institute for Employment Research July 24, 2014."— Presentation transcript:

1 Visioning 2030 for Region 6 George A. Erickcek W.E. Upjohn Institute for Employment Research July 24, 2014

2 Agenda Progress report on the preparation of the Regional Prosperity Plan – Listening Tour Agricultural and commuting profile Economic and demographic baseline Opportunity to play “what if” scenarios for the region Estimate the economic linkages between the two sub-regions of the Thumb and I-69 corridor 1

3 Where are the next generation of farmers coming from? 2 Average age of farm operators 19921997200220072012 Genesee53.054.154.955.958.2 Huron49.151.151.954.756.2 Lapeer52.253.753.856.457.4 St. Clair52.353.654.356.558.3 Sanilac51.652.854.355.456.3 Shiawassee52.953.454.456.357.5 Tuscola50.451.853.356.157.2

4 To support the region’s farming community, nonfarm opportunities are a must 3 2012 Principal Occupation of the Farm Manager Farming Other% Non-farm Genesee41841750% Lapeer66953644% Huron58155249% St. Clair58746244% Sanilac81665144% Shiawassee52950449% Tuscola64367951%

5 Agricultural production 4 Agricultural Production in Dollars (OOOs) ProductGeneseeHuronLapeerSt. ClairSanilacShiawasseeTuscola Grains, oilseeds, dry beans, and dry peas 52,714229,75466,73385,376220,428107,142183,435 Milk from cows5,305162,5869,0034,64696,72324,73123,503 Other crops and hay5,762103,03014,5955,56952,3545,52433,794 Misc.27,559159,19423,02412,34651,4617,77333,714

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7 Commuting patterns in Region 6 6 CountyTotal Work in the Thumb Work in the I-69 Corridor Work outside Region 6 NumberPercentNumberPercentNumberPercent Genesee138,210 2,5061.8 80,81658.554,88839.7 Huron14,464 9,15463.3 2811.95,02934.8 Lapeer31,035 1,4754.8 11,91738.417,64356.8 St. Clair67,630 2,1463.2 27,75441.037,73055.8 Sanilac13,018 6,79752.2 1,63112.54,59035.3 Tuscola18,416 7,06438.4 1,1126.010,24055.6 Shiawassee27,634 990.4 10,44037.817,09561.9 Employed Workforce by County of Residency

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15 REMI Forecasting Model Regional Economic Modeling Inc. A Forecasting and Simulation Model – A well-regarded model – Provides a baseline forecast for the region – Provides the ability to generate alternative forecasts – Extremely flexible with thousands of policy and business variables that can be changed 14

16 Forecast for Region 6 Thumb Area – Huron – Sanilac – Tuscola I-69 International Corridor – Shiawassee – Genesee – Lapeer – St. Clair 15

17 The region’s changing population profile 16 Total: 878,434

18 The region’s changing population profile 17 2020: 889,700 2010: 878,434 0.1% annual increase

19 The region’s changing population profile 18 2030: 937,600 2020: 889,700 2010: 878,434 A 0.5% annual increase from 2020 to 2030

20 Population trends 19

21 Dependency populations: Fewer kids and more seniors 20

22 Population trends: Working-age adults 21

23 Employment forecast 22

24 Detailed employment forecast 23 Employment Forecast 2013 to 2030 20132030Avg. ann. chg. Utilities 2,018 1,390-2.2% Construction 15,529 25,4723.0% Manufacturing 36,198 33,449-0.5% Wholesale trade 12,435 13,6640.6% Retail trade 46,851 51,3480.5% Transportation and warehousing 9,053 9,4020.2% Information 7,083 6,234-0.7% Finance and insurance 15,731 15,494-0.1% Real estate and rental and leasing 10,522 12,2690.9% Professional, scientific, and technical services 13,353 17,4391.6% Administrative and waste management services 23,738 29,9131.4% Educational services 7,110 8,5631.1% Health care and social assistance 49,081 64,1511.6% Arts, entertainment, and recreation 6,873 7,7110.7% Accommodation and food services 26,121 30,2510.9% Other services, except public administration 21,229 22,6450.4% Farm 9,602 6,741-2.1% Government 45,102 44,9360.0% Total 361,619 405,2890.7%

25 The region’s economic base is becoming more diverse 24

26 Economic linkages between the Thumb and I-69 Corridor IndustryThumb RegionI-69 Corridor Region Farming100030 Fabricated metals production 100080 Fabricated metals production 141000 Food production1000125 Food production201000 25 Note: Impact of 1,000 new jobs on the neighboring sub-region. Source: Regional Economic Modeling, Inc.

27 Visioning 2030 for Region 6 George A. Erickcek W.E. Upjohn Institute for Employment Research July 24, 2014


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