Economic Conditions: A Look at Shale & the Tri-State Area

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Economic Conditions: A Look at Shale & the Tri-State Area"

Transcription

1 Economic Conditions: A Look at Shale & the Tri-State Area Jim Robey, PhD Director Regional and Economic Planning Services October 11, 2017

2 Upjohn Institute for Employment Research The Institute is an activity of the Upjohn Unemployment Trustee Corporation, which was established in 1932 to administer a fund set aside by Dr. Upjohn, founder of the Upjohn Company. MISSION: The Upjohn Institute for Employment Research is a private, nonprofit, nonpartisan, independent research organization devoted to investigating the causes and effects of unemployment, to identifying feasible methods of insuring against unemployment, and to devising ways and means of alleviating the distress and hardship caused by unemployment. 2

3 The calendar isn t yet calling for a recession if you trust history Employment Index From Business Cycle Peak Month of Business Cycle Peak = present (118 months) Source: Bureau of Labor Statistics Current Employment Survey 3

4 Is about 2% growth the new norm? 6 Gross Domestic Product and Employment Change 1,500 GDP Change (%) Forecast 1, ,000-1,500 Employment Change (000s) -8-2, ,500 GDP Change (L) Employment Change (R) Source: Bureau of Labor Statistics Current Employment Survey, Bureau of Economic Analysis, Philadelphia Federal Reserve Consensus Forecast 4

5 University of Michigan RSQE Forecast (Forecast) 2018 (Forecast) GDP (Percent) Light Vehicle Sales ($Millions) Unemployment Rate (Percent) Housing Starts (Millions) CPI/Inflation (Percent)

6 August annualized sales were at 16.1 million and then rebounded to 18.3 million in September Annual Rate of Sales (in 000,000s) Annualized Rate of U.S. Light Vehicle Sales (in millions) (2000 to 2007 Peak) (2000 to 2007 Average) Source: Bureau of Economic Analysis 6

7 A sign of the times? 7

8 National nondurables Employment Change (%) Projection Gross Product Change (%) Food Beverage and Tobacco Products Textile Mills Textile Product Mills Apparel Leather and Allied Products Wood Products Paper Printing and Related Support Activities Petroleum and Coal Products Chemical Plastics and Rubber Products Source: Moody s Analytics and Upjohn Institute 8

9 National durables Employment Change (%) Projection Gross Product Change (%) Nonmetallic Mineral Products Primary Metals Fabricated Metal Products Machinery Computer and Electronic Products Electrical Equipment Components Transportation Equipment Furniture and Related Products Miscellaneous Source: Moody s Analytics and Upjohn Institute 9

10 National technology and services Employment Change (%) Projection Accounting Gross Product Change (%) Architectural and Engineering Computer Systems Design Data Processing Insurance Carriers Legal Services Management of Companies Professional, Scientific, and Technical Office Administrative Services Other Information Services Other Prof, Scientific, and Technical Services Scientific Research and Development Software Publishers Specialized Design Services Source: Moody s Analytics and Upjohn Institute 10

11 Defining the region, at least for the moment 11

12 Regional nondurables Employment Change (%) Projection Gross Product Change (%) Food Beverage and Tobacco Products Textile Mills Textile Product Mills Apparel Wood Products Paper Printing and Related Support Activities Petroleum and Coal Products Chemical Plastics and Rubber Products Source: Moody s Analytics and Upjohn Institute 12

13 Regional durables Projection Nonmetallic Mineral Products Primary Metals Employment Change (%) Gross Product Change (%) Fabricated Metal Products Machinery Computer and Electronic Products Electrical Equipment Components Transportation Equipment Furniture and Related Products Miscellaneous Source: Moody s Analytics and Upjohn Institute 13

14 Regional technology and business services Employment Change (%) Projection Accounting Gross Product Change (%) Architectural and Engineering Computer Systems Design Data Processing Legal Services Management of Companies Management, Scientific, and Technical Office Administrative Services Other Information Services Other Prof, Scientific, and Technical services Scientific Research and Development Software Publishers Specialized Design Services Source: Moody s Analytics and Upjohn Institute 14

15 Regional downstream: Four digits from IHS Markit Employment Change (%) Projection Gross Product Change (%) Resin, Synthetic Rubber, and Artificial Synthetic Fibers and Filaments Manufacturing Other Chemical Products Plastics Product Manufacturing Chemical and Allied Products Merchant Wholesalers Source: Moody s Analytics and Upjohn Institute 15

16 There appears to be capacity in the labor market. Full employment is generally between 5% and 5.5%. Source: Bureau of Labor Statistics and Upjohn Institute 16

17 While the Pittsburgh core is consistent with a national average of 62.8%, labor force participation is low in the rest of the region. Source: Bureau of Labor Statistics and Upjohn Institute 17

18 Sector investment matters: A sensitivity analysis Why export based? Multipliers Direct: In this case, 100 jobs Indirect: Suppliers Induced: Households Impacts Employment Value-added Output Income 18

19 Industries matter Chemicals: Plastics Material and Resins (NAICS ) Plastics: Plastic Packaging (NAICS ) Plastics: Plastic Pipe (NAICS ) Higher Education (NAICS 6112,6113 &6114) Hospitals (NAICS 622) 19

20 For this analysis, the region is: Source: Upjohn Institute 20

21 Multipliers vary by industry 7.0 Multiplier Plastics & material resins Plastic Packaging Plastic Pipe Higher education Hospitals Source: REMI and Upjohn Institute 21

22 Regional employment* per 100 jobs 700 Total Employment Plastics & material resins Plastic Packaging Plastic Pipe Higher education Hospitals *totals include the 100 direct jobs Source: REMI and Upjohn Institute 22

23 Total sales including labor & intermediate goods Output $400 $350 Millions$ $300 $250 $200 $150 $100 $50 $0 Plastics & material resins Plastic Packaging Plastic Pipe Higher education Hospitals 23

24 The value-added component in the region Value Added $160 $140 Millions$ $120 $100 $80 $60 $40 $20 $0 Plastics & material resins Plastic Packaging Plastic Pipe Higher education Hospitals Source: REMI and Upjohn Institute 24

25 Income: A portfolio of occupations Personal Income $70 Millions$ $60 $50 $40 $30 $20 $10 $0 Plastics & material resins Plastic Packaging Plastic Pipe Higher education Hospitals Source: REMI and Upjohn Institute 25

26 Shares of employment by sector Sector Plastics & Material Resins Plastic Packaging Plastic Pipe Higher Education Hospitals Construction 19.62% 13.48% 12.78% 13.84% 14.62% Manufacturing 18.73% 42.32% 48.02% 1.26% 1.15% Trade 15.19% 10.49% 9.69% 8.18% 9.23% Transportation and Warehousing 2.80% 2.25% 1.76% 1.26% 1.15% Finance, Insurance, & Real Estate 5.31% 3.75% 3.52% 3.14% 5.00% Professional, Scientific, & Technical Services 6.19% 5.24% 3.96% 3.14% 5.00% Management of Companies & Enterprises 5.31% 1.87% 1.32% 0.63% 0.38% Administrative & Waste Management Services 4.57% 3.75% 3.52% 1.89% 4.23% Educational Services; private 1.03% 0.75% 0.88% 52.20% 0.77% Health Care & Social Assistance 6.05% 4.87% 4.85% 4.40% 47.69% Other Services 10.47% 8.99% 7.93% 7.55% 9.23% Source: REMI and Upjohn Institute 26

27 Questions and comments? Upjohn Institute: Jim Robey, PhD, Director of Regional Economic and Planning 27

How are Things Going? Thoughts to Barry County

How are Things Going? Thoughts to Barry County How are Things Going? Thoughts to Barry County Jim Robey February 25, 2016 1 Upjohn Institute for Employment Research The Institute is an activity of the Upjohn Unemployment Trustee Corporation, which

More information

How are Things Going? Thoughts to Southwest Michigan First

How are Things Going? Thoughts to Southwest Michigan First How are Things Going? Thoughts to Southwest Michigan First Jim Robey February 22, 2016 1 Forecasts are optimistic for 2016? 5 Gross Domestic Product and Employment Change 1,000 GDP Change (%) 4 3 2 1 0-1

More information

Economic Conditions: The Nation, Pennsylvania, and the Region

Economic Conditions: The Nation, Pennsylvania, and the Region Economic Conditions: The Nation, Pennsylvania, and the Region James Robey, PhD June 6, 2017 Upjohn Institute for Employment Research The Institute is an activity of the Upjohn Unemployment Trustee Corporation,

More information

Economic Conditions and Regional Economic Outlook

Economic Conditions and Regional Economic Outlook Economic Conditions and Regional Economic Outlook Brian Pittelko September 21, 2016 1 Upjohn Institute for Employment Research The Institute is an activity of the Upjohn Unemployment Trustee Corporation,

More information

See footnotes at end of table.

See footnotes at end of table. with from work, job transfer, or with All industries including state and local government 4 43.7 23.7 12.8 10.9 20.0 Private industry 4 32.8 18.7 9.9 8.8 14.1 Goods-producing 4 9.4 6.0 3.1 3.0 3.4 Natural

More information

2014 was yet another great year!

2014 was yet another great year! 215 216 Forecast for Ottawa County 214 was yet another great year! George A. Erickcek Brian Pittelko W.E. Upjohn Institute for Employment Research February 3, 215 1 Outline The national economy is speeding

More information

2012 Manufacturing & Distribution Monitor

2012 Manufacturing & Distribution Monitor 2012 Manufacturing & Distribution Monitor Paul Marvel Northeast t Practice Leader Manufacturing and Distribution ib ti Assurance Practice Leader at McGladrey October 4, 2012 NEPIRC 2012 McGladrey LLP.

More information

Monthly Review of the Texas Economy November 2013

Monthly Review of the Texas Economy November 2013 Monthly Review of the Texas Economy November 3 By Ali Anari and Mark G. Dotzour The Texas economy gained 67,9 nonagricultural jobs from October to October 3, an annual growth rate of. percent compared

More information

FOREIGN DIRECT INVESTMENT

FOREIGN DIRECT INVESTMENT FOREIGN DIRECT INVESTMENT IN SOUTHERN CALIFORNIA, 2018 IN PARTNERSHIP WITH 18 LOS ANGELES BUSINESS JOURNAL - CUSTOM CONTENT MAY 21, 2018 INTRODUCTION The economic policy debate between protectionism and

More information

Monthly Review of the Texas Economy May 2012

Monthly Review of the Texas Economy May 2012 Monthly Review of the Texas Economy May 1 The Texas economy created 1,5 nonagricultural jobs from April 11 to April 1, an annual growth rate of percent compared with 1.3 percent for the United States (Table

More information

Monthly Review of the Texas Economy

Monthly Review of the Texas Economy AT TEXAS A&M UNIVERSITY Monthly Review of the Texas Economy By Ali Anari, Research Economist Mark G. Dotzour, Chief Economist TECHNICAL REPORT 1 8 APRIL 13 TR Monthly Review of the Texas Economy April

More information

AT TEXAS A&M UNIVERSITY. By Ali Anari, Research Economist Mark G. Dotzour, Chief Economist TECHNICAL REPORT

AT TEXAS A&M UNIVERSITY. By Ali Anari, Research Economist Mark G. Dotzour, Chief Economist TECHNICAL REPORT AT TEXAS A&M UNIVERSITY Monthly Review of the Texas Economy By Ali Anari, Research Economist Mark G. Dotzour, Chief Economist TECHNICAL REPORT 1 8 6 APRIL 11 TR Monthly Review of the Texas Economy April

More information

Defense-Related Employment. of Skilled Labor: An Introduction to LDEPPS

Defense-Related Employment. of Skilled Labor: An Introduction to LDEPPS Defense-Related Employment of Skilled Labor: An Introduction to LDEPPS March 2011 DEPARTMENT OF DEFENSE CONTACT Principal Point of Contact: Economic and Manpower Analysis Division Office of the Director,

More information

The State Role in U.S. Manufacturing Revival

The State Role in U.S. Manufacturing Revival The State Role in U.S. Manufacturing Revival Presentation at Summer NSCL Meeting Boston, MA Dr. Robert D. Atkinson President, ITIF August 7, 2017 @RobAtkinsonITIF @ITIFdc About ITIF One of the world s

More information

University of Colorado Boulder. Technology Transfer Office (TTO)

University of Colorado Boulder. Technology Transfer Office (TTO) University of Colorado Boulder Technology Transfer Office (TTO) Economic Impact of Tech Transfer on the State and National Economy Conducted by: Business Research Division Leeds School of Business University

More information

GOVERNMENT OF INDIA MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION CENTRAL STATISTICS OFFICE New Delhi Dated: March 10, 2017 PRESS RELEASE

GOVERNMENT OF INDIA MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION CENTRAL STATISTICS OFFICE New Delhi Dated: March 10, 2017 PRESS RELEASE GOVERNMENT OF INDIA MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION CENTRAL STATISTICS OFFICE New Delhi Dated: March 10, 2017 PRESS RELEASE QUICK ESTIMATES OF INDEX OF INDUSTRIAL PRODUCTION AND USE-

More information

Oregon s Unemployment Rate Rose to 8.7 percent in July, as Payroll Employment Increased for the Fifth Consecutive Month

Oregon s Unemployment Rate Rose to 8.7 percent in July, as Payroll Employment Increased for the Fifth Consecutive Month FOR IMMEDIATE RELEASE: August 14, 2012 PRESS CONFERENCE PRESENTER: Nick Beleiciks, State Employment Economist CONTACT INFORMATION: Chris Greaves, Research Analyst (503) 947-1271 Oregon s Unemployment Rate

More information

MFAT Working Paper: Estimating New Zealand s tradable and non-tradable sectors using Input-Output Tables

MFAT Working Paper: Estimating New Zealand s tradable and non-tradable sectors using Input-Output Tables DECEMBER 2018 MFAT Working Paper: Estimating New Zealand s tradable and non-tradable sectors using Input-Output Tables Peter Bailey and Dean Ford 1 1 Abstract This paper uses the 2013 Input Output Tables

More information

PRESS CONFERENCE PRESENTER: Amy Vander Vliet, Portland Regional Economist. Oregon s Employment Situation: December 2009

PRESS CONFERENCE PRESENTER: Amy Vander Vliet, Portland Regional Economist. Oregon s Employment Situation: December 2009 FOR IMMEDIATE RELEASE: January 20, 2010 PRESS CONFERENCE PRESENTER: Amy Vander Vliet, Portland Regional Economist CONTACT INFORMATION: David Cooke, Economist, (503) 947-1272 Oregon s Employment Situation:

More information

Snohomish County Labor Area Summary April 2017

Snohomish County Labor Area Summary April 2017 Anneliese Vance-Sherman, Ph.D., Regional Labor Economist Washington State Workforce Information and Technology Services Division Phone: 425-258-6300 Mobile: 360-630-1232 Email: avancesherman@esd.wa.gov

More information

IDR 2013 Sustaining Employment Growth: The Role of Manufacturing Structural Change

IDR 2013 Sustaining Employment Growth: The Role of Manufacturing Structural Change 1 International Conference Manufacturing Led Growth for Employment and Equality IDR 2013 Sustaining Employment Growth: The Role of Manufacturing Structural Change Nobuya Haraguchi UNIDO 21 st May 2014

More information

I-605 CORRIDOR HOT SPOT INTERCHANGES

I-605 CORRIDOR HOT SPOT INTERCHANGES I-605 CORRIDOR HOT SPOT INTERCHANGES Project Description Several traffic congestion Hot Spots have been identified in the I-605 Corridor through a Needs Assessment and an Initial Corridor Study. These

More information

SUMMARY OF SELECTED ECONOMIC INDICATORS

SUMMARY OF SELECTED ECONOMIC INDICATORS SUMMARY OF SELECTED ECONOMIC INDICATORS RECENT DATA GRAPHS HISTORICAL DATA GRAPHS CONSUMER PRICE INDEX LABOUR FORCE STATISTICS GROSS DOMESTIC PRODUCT BY INDUSTRY GROSS DOMESTIC PRODUCT, INCOME-BASED GROSS

More information

WESTSIDE SUBWAY EXTENSION SEGMENT 2

WESTSIDE SUBWAY EXTENSION SEGMENT 2 WESTSIDE SUBWAY EXTENSION SEGMENT 2 Project Description The Los Angeles County Metropolitan Transportation Authority (Metro) plans to build a 9- mile extension of the Metro Purple Line subway from the

More information

SCIENTIFIC COOPERATION GRANT INITIATIVE FOR EASTERN AFRICA. Cooperation Grant Initiative (CGI)

SCIENTIFIC COOPERATION GRANT INITIATIVE FOR EASTERN AFRICA. Cooperation Grant Initiative (CGI) SCIENTIFIC COOPERATION GRANT INITIATIVE FOR EASTERN AFRICA Cooperation Grant Initiative (CGI) ---------------------------------------------------------------------------------------------------------------------

More information

Minnesota. Report. FORESTRY, AND FISHING: agricultural production crops agricultural production livestock and animal specialities

Minnesota. Report. FORESTRY, AND FISHING: agricultural production crops agricultural production livestock and animal specialities AGRICULTURE, FORESTRY, AND FISHING: agricultural production crops agricultural production livestock and animal specialities agricultural services forestry fishing, hunting, and trapping MINING: metal mining

More information

October 17, Prepared for

October 17, Prepared for October 17, 2013 Fredericksburg Region Industry Cluster Study Identifying Priority Targets This study analyzes the Fredericksburg regional economy and identifies defined industry clusters. Further, the

More information

MANUFACTURING IEDC Economic Future Forum Industry Forecasts and Roundtables:

MANUFACTURING IEDC Economic Future Forum Industry Forecasts and Roundtables: 2018 IEDC Economic Future Forum Industry Forecasts and Roundtables: MANUFACTURING Iryna V. Lendel, PhD Center for Economic Development Cleveland State University i.lendel@csuohio.edu Buffalo, NY June 25,

More information

FIVE YEAR FORECAST FY THROUGH FY

FIVE YEAR FORECAST FY THROUGH FY FIVE YEAR FORECAST FY 2014-15 THROUGH FY 2018-19 NOVEMBER 19, 2013 Catheryn Whitesell, Director Budget and Management Services Farrell Hanzaker, Chief Financial Officer Virginia Beach City Public Schools

More information

BUSINESS INCUBATION COMMUNITY READINESS ASSESSMENT Dalton-Whitfield County. October 17, 2012 Erin Rosintoski

BUSINESS INCUBATION COMMUNITY READINESS ASSESSMENT Dalton-Whitfield County. October 17, 2012 Erin Rosintoski BUSINESS INCUBATION COMMUNITY READINESS ASSESSMENT Dalton-Whitfield County October 17, 2012 Erin Rosintoski 1 Outline 1. Introduction & Process 2. Data Collection 3. Analysis 4. Recommendations 2 Incubation

More information

Survey of Research and Development in Korea. -Key Figures of Korea R&D Activities-

Survey of Research and Development in Korea. -Key Figures of Korea R&D Activities- Survey of Research and Development in Korea -Key Figures of Korea R&D Activities- Survey Outline 1 Key Figures 1.R&D Expenditure Total R&D expenditure 4 R&D expenditure per Capita and per Researcher 5

More information

Report. Minnesota. Occupational Injuries and Illnesses, 2003

Report. Minnesota. Occupational Injuries and Illnesses, 2003 production livestock and animal specialities agricultural services forestry fishing, hunting, and trapping MINING: metal mining coal mining oil and gas extraction mining and quarrying of nonmetallic minerals,

More information

Benchmarking the Rhode Island Knowledge Economy

Benchmarking the Rhode Island Knowledge Economy Benchmarking the Rhode Island Knowledge Economy November 2011 November, 2011 Dear Friends, In the 21st century, knowledge and innovation drive economic change and progress. It s increasingly clear that

More information

Kentucky Education and Workforce Development Cabinet releases April 2018 unemployment report

Kentucky Education and Workforce Development Cabinet releases April 2018 unemployment report Commonwealth of Kentucky Education & Workforce Development Cabinet Matthew G. Bevin, Governor Don Parkinson, Interim Secretary FOR IMMEDIATE RELEASE Contact: Chris Bollinger 859-257-9524 crboll@uky.edu

More information

Employment & Unemployment

Employment & Unemployment Employment & Unemployment Estimates for September 2006 Unemployment Rates: Nevada Statewide 4.0% (Seasonally Adjusted) Las Vegas-Paradise MSA 4.0% Reno-Sparks MSA 3.7% Carson City MSA 4.4% Elko Micropolitan

More information

NORTH CAROLINA ECONOMIC DEVELOPMENT BOARD 2011 ANNUAL REPORT ON ECONOMIC DEVELOPMENT FOR THE STATE OF NORTH CAROLINA

NORTH CAROLINA ECONOMIC DEVELOPMENT BOARD 2011 ANNUAL REPORT ON ECONOMIC DEVELOPMENT FOR THE STATE OF NORTH CAROLINA NORTH CAROLINA ECONOMIC DEVELOPMENT BOARD 011 ANNUAL REPORT ON ECONOMIC DEVELOPMENT FOR THE STATE OF NORTH CAROLINA The North Carolina Economic Development Board oversees state economic development research

More information

THE MANUFACTURING INDUSTRY IN SWEDEN

THE MANUFACTURING INDUSTRY IN SWEDEN BUSINESS SWEDEN THE MANUFACTURING INDUSTRY IN SWEDEN FACTS & FIGURES SMART INDUSTRY UPDATED 12 TH JULY 2018 OVERVIEW: THE MANUFACTURING INDUSTRY IN SWEDEN THE BACKBONE OF THE SWEDISH ECONOMY GDP Share

More information

In This Issue. 2 Economic Comparison. 3 4 NSA State & Area Employment. 5 8 Data Trends (Graphs) 9 15 Nonfarm Employment

In This Issue.   2 Economic Comparison. 3 4 NSA State & Area Employment. 5 8 Data Trends (Graphs) 9 15 Nonfarm Employment http://www.laworks.net In This Issue 2 Economic Comparison 3 4 NSA State & Area Employment 5 8 Data Trends (Graphs) 9 15 Nonfarm Employment 16 17 Unemployment Rates & Civilian Labor Force 18 Average Hours

More information

The Economic Impact of Inpatient Psychiatric Facilities A National and State-level Analysis

The Economic Impact of Inpatient Psychiatric Facilities A National and State-level Analysis The Economic Impact of Inpatient Psychiatric Facilities A National and State-level Analysis Dobson DaVanzo & Associates, LLC Vienna, VA 703.260.1760 www.dobsondavanzo.com The Economic Impact of Inpatient

More information

Business Outlook, Vol. 32, No. 4, December 2016

Business Outlook, Vol. 32, No. 4, December 2016 Business Outlook for West Michigan Volume 32 Number 4 Article 1 12-216 Business Outlook, Vol. 32, No. 4, December 216 Additional Data MSA_Tables_Dec_16.pdf December 216 MSA Tables Citation W.E. Upjohn

More information

DK - Denmark COUNTRY PROFILE. DENMARK R&D Intensity projections, (1) 1 Overall review of EU Member States and Associated countries

DK - Denmark COUNTRY PROFILE. DENMARK R&D Intensity projections, (1) 1 Overall review of EU Member States and Associated countries 1 Overall review of EU Member States and Associated countries COUNTRY PROFILE DK - Denmark Progress towards meeting the Europe 2020 R&D intensity target Denmark reached its R&D intensity target for 2010

More information

Current Vault Guidebooks

Current Vault Guidebooks Current Vault Guidebooks Section Title Guidebook URL Accounting Vault Career Guide to Accounting http://access.vault.com/recordurl.aspx?nid=9781581318692gp&wid=148346 Accounting Vault Guide to Accounting

More information

REPORT ON THE ECONOMIC IMPACT OF DEFENSE-RELATED SPENDING IN ILLINOIS

REPORT ON THE ECONOMIC IMPACT OF DEFENSE-RELATED SPENDING IN ILLINOIS FEBRUARY 27, 2018 REPORT ON THE ECONOMIC IMPACT OF DEFENSE-RELATED SPENDING IN ILLINOIS www.illinoisdefense.org 1 About Us The Illinois Defense Network (IDN) provides resources and expertise to businesses,

More information

The Economic Impacts of Idaho s Nonprofit Organizations

The Economic Impacts of Idaho s Nonprofit Organizations 2016 REPORT www.idahononprofits.org The Economic Impacts of Idaho s Nonprofit Organizations RESEARCH REPORT Created by: Don Reading Ben Johnson Associates Boise, Idaho Steven Peterson Research Economist

More information

EC's CLIENT SURVEY. 3. When was your venture first incorporated? * 4. Please indicate your venture's form of legal organization. *

EC's CLIENT SURVEY. 3. When was your venture first incorporated? * 4. Please indicate your venture's form of legal organization. * EC's CLIENT SURVEY Consent and Contact Information 1. By checking both boxes below, I am consenting to full participation in the Performance Index for Entrepreneurial Resources (PIER) survey. * I have

More information

ALASKA. State Economic Survey and Incentive Comparison CONTACT INFORMATION INCOME AND OUTPUT WORKFORCE. Contact Name: Alyssa Rodrigues

ALASKA. State Economic Survey and Incentive Comparison CONTACT INFORMATION INCOME AND OUTPUT WORKFORCE. Contact Name: Alyssa Rodrigues CONTACT INFORMATION Contact Name: Alyssa Rodrigues Contact Phone Number: Contact Email Address: US State Name: Alaska ALASKA State Economic Survey and Incentive Comparison State Abbreviation: AK State

More information

STATE EXPORT REPORT US-CHINA BUSINESS COUNCIL GOODS AND SERVICES EXPORTS BY US STATES TO CHINA OVER THE PAST DECADE APRIL 2018

STATE EXPORT REPORT US-CHINA BUSINESS COUNCIL GOODS AND SERVICES EXPORTS BY US STATES TO CHINA OVER THE PAST DECADE APRIL 2018 US-CHINA BUSINESS COUNCIL APRIL 2018 STATE EXPORT REPORT GOODS AND SERVICES EXPORTS BY US STATES TO CHINA OVER THE PAST DECADE 2018 State Export Report Executive Summary Exports to China continue to be

More information

Questions and Answers Florida Department of Economic Opportunity Employment and Unemployment Data Release July 2018 (Released August 17, 2018)

Questions and Answers Florida Department of Economic Opportunity Employment and Unemployment Data Release July 2018 (Released August 17, 2018) Questions and Answers Florida Department of Economic Opportunity Employment and Unemployment Data Release July 2018 (Released August 17, 2018) 1. What are the current Florida labor statistics and what

More information

Saskatchewan Industry Labour Demand Outlook, Ministry of the Economy Fall 2017

Saskatchewan Industry Labour Demand Outlook, Ministry of the Economy Fall 2017 Saskatchewan Industry Labour Demand Outlook, 2017-2021 Ministry of the Economy Fall 2017 About this Outlook The Industry Labour Demand Outlook provides a forecast of job openings and employment growth

More information

CHAPTER FOUR Profile of, and Economic Impacts from, the Arkansas Main Street Program

CHAPTER FOUR Profile of, and Economic Impacts from, the Arkansas Main Street Program CHAPTER FOUR Profile of, and Economic Impacts from, the Arkansas Main Street Program The Economic Impacts of Historic Preservation 70 INTRODUCTION AND SUMMARY This chapter examines the contributions of

More information

Distributional aspects of New Zealand s tradable and non-tradable sectors

Distributional aspects of New Zealand s tradable and non-tradable sectors Distributional aspects of New Zealand s tradable and non-tradable sectors NZIER final report to MFAT 20 July 2018 About NZIER NZIER is a specialist consulting firm that uses applied economic research

More information

2012 Annual. Ohio Shale. Report

2012 Annual. Ohio Shale. Report 2012 Annual Ohio Shale Report Core Industries Average Empl., NAICS Title 2010 Q4 to 2011 Q3 Average Empl., Numeric Percent 2011 Q4 to 2012 Q3 Change Change 2111* Oil and gas extraction 2,840 3,009 169

More information

Annual Report of Business Information for the City of Saskatoon

Annual Report of Business Information for the City of Saskatoon Annual Report of Business Information for the City of Saskatoon Business License Program - Annual Report 2012 The Planning & Development Branch, Business License Program, licenses all businesses operating

More information

Employment & Unemployment

Employment & Unemployment Employment & Unemployment Estimates for June 2010 Unemployment Rates: Nevada Statewide 14.2% (Seasonally Adjusted) Las Vegas-Paradise MSA 14.5% Reno-Sparks MSA 13.6% Carson City MSA 13.4% Elko Micropolitan

More information

Employment & Unemployment

Employment & Unemployment Employment & Unemployment Estimates for February 2010 Unemployment Rates: Nevada Statewide 13.2% (Seasonally Adjusted) Las Vegas-Paradise MSA 13.9% Reno-Sparks MSA 13.4% Carson City MSA 13.7% Elko Micropolitan

More information

Employment & Unemployment

Employment & Unemployment Employment & Unemployment Estimates for July 2010 Unemployment Rates: Nevada Statewide 14.3% (Seasonally Adjusted) Las Vegas-Paradise MSA 14.8% Reno-Sparks MSA 13.6% Carson City MSA 13.2% Elko Micropolitan

More information

Employment & Unemployment

Employment & Unemployment Employment & Unemployment Estimates for August 2008 Unemployment Rates: Nevada Statewide 7.1% (Seasonally Adjusted) Las Vegas-Paradise MSA 7.1% Reno-Sparks MSA 6.6% Carson City MSA 6.8% Elko Micropolitan

More information

CLUSTERS Typology and Training Needs. Intelspace Innovation Technologies SA

CLUSTERS Typology and Training Needs. Intelspace Innovation Technologies SA CLUSTERS Typology and Training Needs Intelspace Innovation Technologies SA www.intelspace.eu INNOSEE Meeting, Thessaloniki, 20 April 2012 Contents Introduction about clusters Clusters in C. Macedonia and

More information

Employment & Unemployment

Employment & Unemployment Employment & Unemployment Estimates for February 2009 Unemployment Rates: Nevada Statewide 10.1% (Seasonally Adjusted) Las Vegas-Paradise MSA 10.1% Reno-Sparks MSA 11.2% Carson City MSA 11.3% Elko Micropolitan

More information

New Jersey Competitiveness

New Jersey Competitiveness 1 New Jersey Competitiveness State and Cluster Performance Professor Michael E. Porter Harvard Business School Prepared for Governor Chris Christie April 17, 2010 None of this information may be duplicated,

More information

Pennsylvania Competitiveness: Creating a State Economic Strategy

Pennsylvania Competitiveness: Creating a State Economic Strategy Pennsylvania Competitiveness: Creating a State Economic Strategy Professor Michael E. Porter Harvard Business School March 28, 2012 For further material on regional competitiveness and clusters: www.isc.hbs.edu/econ-clusters.htm

More information

Building Economic Development Strategies around Skilled Veterans & Military Base Employees

Building Economic Development Strategies around Skilled Veterans & Military Base Employees Building Economic Development Strategies around Skilled Veterans & Military Base Employees TIP Strategies, Inc. Tom Stellman, Founder and CEO TIP SERVICES Strategic Planning Economic & Demographic Analysis

More information

PUBLICATION 2036 A Reprint from Tierra Grande magazine

PUBLICATION 2036 A Reprint from Tierra Grande magazine Cubic Feet (Billions) JULY 2013 Texas Economy PUBLICATION 2036 A Reprint from Tierra Grande magazine 2013. Real Estate Center. All rights reserved. By Luis B. Torres Through the years, Texans have enjoyed

More information

Employment & Unemployment

Employment & Unemployment Employment & Unemployment Estimates for March 2009 Unemployment Rates: Nevada Statewide 10.4% (Seasonally Adjusted) Las Vegas-Paradise MSA 10.4% Reno-Sparks MSA 11.2% Carson City MSA 11.3% Elko Micropolitan

More information

The New Carolina Initiative

The New Carolina Initiative The New Carolina Initiative Professor Michael E. Porter Harvard Business School New Carolina Annual Celebration September 22, 2011 For further material on regional competitiveness and clusters: www.isc.hbs.edu/econ-clusters.htm

More information

During the 4 Years: December, December, 1994 * TOTAL INDUSTRY JOBS LOST (30,800) -1.9%

During the 4 Years: December, December, 1994 * TOTAL INDUSTRY JOBS LOST (30,800) -1.9% During the 4 Years: December, 1990 - December, 1994 * APPAREL JOBS LOST: (49,100) -5.4% * TEXTILE PRODUCT JOBS GAINED: 20,900 10.4% * TEXTILE MILLS JOBS LOST: (2,600) -0.5% * TOTAL INDUSTRY JOBS LOST (30,800)

More information

November 2018 Labor Market Review Reported by: Joe Smagacz

November 2018 Labor Market Review Reported by: Joe Smagacz November 2018 Labor Market Review Reported by: Joe Smagacz Regional Workforce Analyst Tel: 317-232-8539 Email Joe jsmagacz@dwd.in.gov Economic Growth Region 5 Statistical Data Report for November 2018,

More information

Employment & Unemployment

Employment & Unemployment Employment & Unemployment Estimates for December 2008 Unemployment Rates: Nevada Statewide 9.1% (Seasonally Adjusted) Las Vegas-Paradise MSA 9.1% Reno-Sparks MSA 9.0% Carson City MSA 9.4% Elko Micropolitan

More information

The Digital Road to Recovery: A Stimulus Plan to Create Jobs, Boost Productivity, and Revitalize America

The Digital Road to Recovery: A Stimulus Plan to Create Jobs, Boost Productivity, and Revitalize America The Digital Road to Recovery: A Stimulus Plan to Create Jobs, Boost Productivity, and Revitalize America January 7, 2009 Presenters: Rob Atkinson, President, ITIF Stephen Ezell, Senior Analyst, ITIF Respondents:

More information

Offshoring of Jobs from Suffolk County

Offshoring of Jobs from Suffolk County Offshoring of Jobs from Suffolk County Socioeconomic impact analysis Presented to: The Boston Redevelopment Authority 12.8.2004 By Alexandre Bartolin Nai Jia Lee Xin Li Moshahida Sultana Zhijun Tan 1 Agenda

More information

Manufacturing, exports and jobs for California and America Policies for economic growth and competitiveness

Manufacturing, exports and jobs for California and America Policies for economic growth and competitiveness Manufacturing, exports and jobs for California and America Policies for economic growth and competitiveness Ross DeVol Executive Director, Economic Research (310) 570 4615 rdevol@milkeninstitute.org www.milkeninstitute.org

More information

In the past this report has reported data for six industries at the NAICS six-digit level. For 2017, annual data were not published by the U.S.

In the past this report has reported data for six industries at the NAICS six-digit level. For 2017, annual data were not published by the U.S. 2017 Annual Ohio Shale Report 1 In the past this report has reported data for six industries at the NAICS six-digit level. For 2017, annual data were not published by the U.S. Bureau of Labor Statistics

More information

International Sourcing measurement issues. Peter Bøegh Nielsen Statistics Denmark

International Sourcing measurement issues. Peter Bøegh Nielsen Statistics Denmark International Sourcing measurement issues The economic and social impacts of broadband communications: From ICT measurement to policy implications Peter Bøegh Nielsen Statistics Denmark Background Existing

More information

Exporting Report. Central Wisconsin Economic Research Bureau. Centergy Region 2014

Exporting Report. Central Wisconsin Economic Research Bureau. Centergy Region 2014 Exporting Report Centergy Region 2014 Randy Cray, Ph.D., Chief Economist Scott Wallace, Ph.D., Research Associate Central Wisconsin Economic Research Bureau Export Survey Report [jed].indd 1 Export Survey

More information

FAEIS Human Sciences/Family and Consumer Sciences CIPS with Definitions

FAEIS Human Sciences/Family and Consumer Sciences CIPS with Definitions FAEIS Human Sciences/Family and Consumer Sciences CIPS with Definitions Content Taken from the National Center for Education Statistics Classification of Instructional Programs 2010 13.1209 Kindergarten/Preschool

More information

The Economic Impact of Aerospace in South Carolina. Joseph Von Nessen, Ph.D. Research Economist October 9, 2018

The Economic Impact of Aerospace in South Carolina. Joseph Von Nessen, Ph.D. Research Economist October 9, 2018 The Economic Impact of Aerospace in South Carolina Joseph Von Nessen, Ph.D. Research Economist October 9, 2018 Taking the Pulse of the South Carolina Aerospace Cluster in 2018 Is South Carolina s aerospace

More information

State Profile on Job Creation and Economic Growth. Colorado

State Profile on Job Creation and Economic Growth. Colorado State Profile on Job Creation and Economic Growth Colorado NATIONAL GOVERNORS ASSOCIATION CHAIR S INITIATIVE Growing State Economies Growing State Economies, the National Governors Association Chair s

More information

Employment Outlook: Kristina Bartsch James Franklin Council of Graduate Schools Graduate Education Research and Policy Forum March 21, 2012

Employment Outlook: Kristina Bartsch James Franklin Council of Graduate Schools Graduate Education Research and Policy Forum March 21, 2012 Employment Outlook: 2010-20 Kristina Bartsch James Franklin Council of Graduate Schools Graduate Education Research and Policy Forum March 21, 2012 Overview Background information Population and labor

More information

Qualified Facility Income Tax Credit Program

Qualified Facility Income Tax Credit Program Qualified Facility Income Tax Credit Program Calendar Year 2013 Annual Report Prepared by the: Table of Contents Program Overview... 3 Reporting Requirements. 4 Calendar Year 2013 Business Activity 4 Comparison....

More information

Vermont Competitiveness: Creating a State Economic Strategy

Vermont Competitiveness: Creating a State Economic Strategy Vermont Competitiveness: Creating a State Economic Strategy Professor Michael E. Porter Harvard Business School April 10, 2012 For further material on regional competitiveness and clusters: www.isc.hbs.edu/econ-clusters.htm

More information

Tracking the Performance of the Fort Collins Clusters

Tracking the Performance of the Fort Collins Clusters Tracking the Performance of the Fort Collins Clusters Martin Shields, Regional Economist Michael Marturana, Research Economist Colorado State University Winter 2011 Executive Summary This report uses data

More information

Does Outsourcing to Central and Eastern Europe really threaten manual workers jobs in Germany?

Does Outsourcing to Central and Eastern Europe really threaten manual workers jobs in Germany? Does Outsourcing to Central and Eastern Europe really threaten manual workers jobs in Germany? Ingo Geishecker copyright with the author (Free University Berlin and University of Nottingham) June Kommentar

More information

North Dakota Competitiveness: Creating a State Economic Strategy

North Dakota Competitiveness: Creating a State Economic Strategy North Dakota Competitiveness: Creating a State Economic Strategy Professor Michael E. Porter Harvard Business School March 28, 2012 For further material on regional competitiveness and clusters: www.isc.hbs.edu/econ-clusters.htm

More information

Advanced Manufacturing

Advanced Manufacturing Advanced 28.4% of Cluster Jobs All Other Plastics Product General Automotive Repair Iron and Steel Mills and Ferroalloy Machine Shops New Car Dealers Advanced Cluster 3 All Other Rubber Product Analytical

More information

New Hampshire Competitiveness: Creating a State Economic Strategy

New Hampshire Competitiveness: Creating a State Economic Strategy New Hampshire Competitiveness: Creating a State Economic Strategy Professor Michael E. Porter Harvard Business School March 28, 2012 For further material on regional competitiveness and clusters: www.isc.hbs.edu/econ-clusters.htm

More information

Rhode Island Competitiveness: Creating a State Economic Strategy

Rhode Island Competitiveness: Creating a State Economic Strategy Rhode Island Competitiveness: Creating a State Economic Strategy Professor Michael E. Porter Harvard Business School March 28, 2012 For further material on regional competitiveness and clusters: www.isc.hbs.edu/econ-clusters.htm

More information

Nevada s Unemployment Rate Remains Unchanged in March

Nevada s Unemployment Rate Remains Unchanged in March For Immediate Release April 18, 204 Nevada s Unemployment Rate Remains Unchanged in March Carson City, NV Nevada s unemployment rate remained at a seasonally-adjusted 8.5 percent for March, the same as

More information

South Carolina Competitiveness: Creating a State Economic Strategy

South Carolina Competitiveness: Creating a State Economic Strategy South Carolina Competitiveness: Creating a State Economic Strategy Professor Michael E. Porter Harvard Business School March 28, 2012 For further material on regional competitiveness and clusters: www.isc.hbs.edu/econ-clusters.htm

More information

How Colorado's Economy Benefits from International Trade & Investment

How Colorado's Economy Benefits from International Trade & Investment How Colorado's Economy Benefits from International Trade & Investment With more than 95 percent of the world s population and 80 percent of the world s purchasing power outside the United States, future

More information

Estonia. Total exports as a % of GDP (2013) Innovation Union Scoreboard (2013) N.A. (2007) N.A. (2009) Trade integration in the single market (2013)

Estonia. Total exports as a % of GDP (2013) Innovation Union Scoreboard (2013) N.A. (2007) N.A. (2009) Trade integration in the single market (2013) Public administration and business environment Access to markets, infrastructure and services Energy, raw materials Investment and skills Access to finance productivity 3.6 Estonia Estonia Position compared

More information

Per Capita Personal Income (*GDP/Population) This is often used as a standard of living measurement: $55,733

Per Capita Personal Income (*GDP/Population) This is often used as a standard of living measurement: $55,733 CONTACT INFORMATION Contact Name: Tina Hoffman Contact Phone Number: 515-725-3150 Contact Email Address: mailto:tina.hoffman@iowaeda.com US State Name: Iowa IOWA State Economic Survey and Incentive Comparison

More information

Tennessee Competitiveness: Creating a State Economic Strategy

Tennessee Competitiveness: Creating a State Economic Strategy Tennessee Competitiveness: Creating a State Economic Strategy Professor Michael E. Porter Harvard Business School March 28, 2012 For further material on regional competitiveness and clusters: www.isc.hbs.edu/econ-clusters.htm

More information

GREATER PHOENIX ECONOMIC SNAPSHOT Chris Camacho, President & CEO

GREATER PHOENIX ECONOMIC SNAPSHOT Chris Camacho, President & CEO GREATER PHOENIX ECONOMIC SNAPSHOT Chris Camacho, President & CEO 1 2 THE GREATER PHOENIX ECONOMIC COUNCIL GREATER PHOENIX About the Greater Phoenix Economic Council (GPEC) 3 Our mission is to attract quality

More information

Washington Area Economy and Housing Market: Performance and Outlook NVAR Economic Summit

Washington Area Economy and Housing Market: Performance and Outlook NVAR Economic Summit Washington Area Economy and Housing Market: Performance and Outlook NVAR Economic Summit September 13, 2018 Donna Hurwitt Director, Market Intelligence Fairfax County Economic Development Authority FAIRFAX

More information

Regional Data Snapshot

Regional Data Snapshot Regional Data Snapshot Industry Cluster Analysis SET Session 1 Southern Indiana Development Commission, Indiana Table of Contents 01 Overview 03 Industry Cluster Analysis 02 Industry and Occupation 04

More information

Baltic macro outlook Q3 2017

Baltic macro outlook Q3 2017 Baltic macro outlook Q3 2017 Rokas Grajauskas Chief Baltic Economist Danske Bank A/S Lithuania branch rokas.grajauskas@danskebank.lt +370 674 03350 2017-09-25 Investment Research General Market Conditions

More information

Ohio Competitiveness: Creating a State Economic Strategy

Ohio Competitiveness: Creating a State Economic Strategy Ohio Competitiveness: Creating a State Economic Strategy Professor Michael E. Porter Harvard Business School March 28, 2012 For further material on regional competitiveness and clusters: www.isc.hbs.edu/econ-clusters.htm

More information

2014 Annual Ohio Shale Report Crude Petroleum and Natural Gas Extraction Natural Gas Liquid Extraction Drilling Oil and Gas Wells Support Activities for Oil and Gas Operations Oil and Gas Pipeline Construction

More information

Economic and Fiscal Impacts of Wright State University

Economic and Fiscal Impacts of Wright State University Economic and Fiscal Impacts of Wright State University Prepared by the Economics Center December 2017 TABLE OF CONTENTS LIST OF TABLES... I INTRODUCTION... 1 OPERATIONS... 1 STUDENT SPENDING... 2 CAPITAL

More information

35 th EEPC REGIONAL AWARD FOR EXCELLENCE IN EXPORTS SCHEME FOR THE YEAR Total 135

35 th EEPC REGIONAL AWARD FOR EXCELLENCE IN EXPORTS SCHEME FOR THE YEAR Total 135 A. Categories, Types of Award, Numbers 35 th EEPC REGIONAL AWARD FOR EXCELLENCE IN EXPORTS SCHEME FOR THE YEAR 2016-17 The Award Scheme will have the following categories and numbers: Categories Number

More information