Employment Report for Madison County, Arkansas -- Annual 2005 Industry Summary
Manufacturing has the largest businesses in Madison County. The industry averages 55 workers per each place of employment, being greater than the industry's average in the United States of 39 and less than the State of Arkansas average of 56 for the Manufacturing industry.
In Madison County, Manufacturing, Retail Trade, and the Construction sectors, in terms of total employment, are the largest. Manufacturing is the largest employment industry and makes up 44.4 percent of total employment in the county, making up 1,109 people employed. The Retail Trade and Construction industries make up 16.9 and 5.1 percent of industry employment.
In Madison County, Manufacturing, Retail Trade and Transportation and Warehousing have the highest US LQ in 2005. The Manufacturing industry has a US LQ in the county of 3.46. The percent of employment in the Manufacturing sector is 3.46 times greater than the national average, signifying that Madison may be an exporter of products or services of Manufacturing.
Construction has had the highest level of job growth from 2001-2005 in Madison County, moving a total of 74 percent. This is greater than the rate of employment change across the nation of 7.3 percent. The State of Arkansas experienced a change in employment in the sector of 1.9 percent, during the time since 2001.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
Manufacturing has the largest businesses in Madison County. The industry averages 55 workers per each place of employment, being greater than the industry's average in the United States of 39 and less than the State of Arkansas average of 56 for the Manufacturing industry.
In Madison County, Manufacturing, Retail Trade, and the Construction sectors, in terms of total employment, are the largest. Manufacturing is the largest employment industry and makes up 44.4 percent of total employment in the county, making up 1,109 people employed. The Retail Trade and Construction industries make up 16.9 and 5.1 percent of industry employment.
In Madison County, Manufacturing, Retail Trade and Transportation and Warehousing have the highest US LQ in 2005. The Manufacturing industry has a US LQ in the county of 3.46. The percent of employment in the Manufacturing sector is 3.46 times greater than the national average, signifying that Madison may be an exporter of products or services of Manufacturing.
Construction has had the highest level of job growth from 2001-2005 in Madison County, moving a total of 74 percent. This is greater than the rate of employment change across the nation of 7.3 percent. The State of Arkansas experienced a change in employment in the sector of 1.9 percent, during the time since 2001.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
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