Employment Report for Benton County, Arkansas -- Annual 2005 Industry Summary
In Benton County, Management of companies and enterprises, Transportation and Warehousing and Manufacturing industries, in terms of United States location quotient, are the most dominant in the region. The Management of companies and enterprises sector in the county has a location quotient of 9.71. The level of employment in the Management of companies and enterprises industry is 9.71 times greater than the national average, signifying that Benton County may specialize, or be an exporter of Management of companies and enterprises.
In Benton County, Manufacturing, Management of companies and enterprises, and the Transportation and Warehousing sectors are the largest industries, in terms of total number of jobs in 2005. The Manufacturing produces the largest number of jobs in the area accounting for 16.8 percent of total employment in the county, making up 13,713 individuals. The Management of companies and enterprises and Transportation and Warehousing industries make up 15.3 and 13.6 percent of total employment, respectively.
The Manufacturing sector has decreased the most in local industry presence in Benton County, since the year 2001, moving from making up 22.8 percent of total employment in 2001 to 16.8 percent in 2005.
Manufacturing since the year 2001 was faced with the largest loss in employment in Benton County. The industry lost a total of 1,811 jobs, or 11.7 percent of the employment in the industry. This made up a total of 69 percent of all county employment losses since 2001.
Wholesale trade has had the highest level of job growth from 2001-2005 in Benton County, changing a total of 77.5 percent. This is greater than the United States industry change in employment of 0.4 percent. The State of Arkansas saw a change in employment in the sector of 4.3 percent, in the duration of 2001 to 2005.
Management of companies and enterprises has the largest employers in Benton County. The industry averages 250 jobs per place of business. This is greater than the industry's average in the United States of 40 and greater than the State of Arkansas average establishment size of 49 for the Management of companies and enterprises industry.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
In Benton County, Management of companies and enterprises, Transportation and Warehousing and Manufacturing industries, in terms of United States location quotient, are the most dominant in the region. The Management of companies and enterprises sector in the county has a location quotient of 9.71. The level of employment in the Management of companies and enterprises industry is 9.71 times greater than the national average, signifying that Benton County may specialize, or be an exporter of Management of companies and enterprises.
In Benton County, Manufacturing, Management of companies and enterprises, and the Transportation and Warehousing sectors are the largest industries, in terms of total number of jobs in 2005. The Manufacturing produces the largest number of jobs in the area accounting for 16.8 percent of total employment in the county, making up 13,713 individuals. The Management of companies and enterprises and Transportation and Warehousing industries make up 15.3 and 13.6 percent of total employment, respectively.
The Manufacturing sector has decreased the most in local industry presence in Benton County, since the year 2001, moving from making up 22.8 percent of total employment in 2001 to 16.8 percent in 2005.
Manufacturing since the year 2001 was faced with the largest loss in employment in Benton County. The industry lost a total of 1,811 jobs, or 11.7 percent of the employment in the industry. This made up a total of 69 percent of all county employment losses since 2001.
Wholesale trade has had the highest level of job growth from 2001-2005 in Benton County, changing a total of 77.5 percent. This is greater than the United States industry change in employment of 0.4 percent. The State of Arkansas saw a change in employment in the sector of 4.3 percent, in the duration of 2001 to 2005.
Management of companies and enterprises has the largest employers in Benton County. The industry averages 250 jobs per place of business. This is greater than the industry's average in the United States of 40 and greater than the State of Arkansas average establishment size of 49 for the Management of companies and enterprises industry.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
