New Haven-Milford, CT

New Haven-Milford Metro Area industry wages have increased by 14.9% percent since 2001

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Industry wages, from 2001 to 2006, have increased in the New Haven-Milford Metro Area by a total of 14.9%. This is greater than the growth in industry wages for the State of Connecticut and less than the growth in average wages for the US.

About: These facts are part of the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

New Haven-Milford Five-Year Industry Employment Change

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Total Five-Year Employment Growth in the New Haven-Milford Metro Area

The Colleges and universities industry has grown the most with 1,823 new jobs created in the period. The job growth in the Colleges and universities industry makes up 6.7 percent of the total number of new jobs in New Haven-Milford.

Top 5 Industries
1. Colleges and universities (1,823 new jobs)
2. Limited-service eating places (1,804 new jobs)
3. General medical and surgical hospitals (1,641 new jobs)
4. Full-service restaurants (1,605 new jobs)
5. Clothing stores (1,391 new jobs)

Total Five-Year Employment Decline in the New Haven-Milford Metro Area

Of the area's industries (4-digit NAICS), the Wired telecommunications carriers industry experienced most substantial job loss, losing 1,836 jobs in that time period. The declines in the Wired telecommunications carriers industry make up 7.7 percent of the total employment decline in New Haven-Milford, CT.

Top 5 Industries
1. Wired telecommunications carriers (1,836 jobs lost)
2. Pharmaceutical and medicine manufacturing (1,365 jobs lost)
3. Grocery stores (1,362 jobs lost)
4. Motor vehicle parts manufacturing (1,243 jobs lost)
5. Computer systems design and related services (989 jobs lost)

In the New Haven-Milford, CT metro area, the entire sum of jobs in all of the industries has increased by 1,972 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Given the 195 industries with industry data reported by the BLS in each quarter, 97 described an expansion of jobs throughout the time period, while 98 industries reported a drop in employment.

Employment for all industries has increased by 0.6 percent from the reported values in 2001. These values are less than growth in Connecticut, which experienced a loss of 0.4 percent from 2001 (2nd Quarter). The gains felt were less than than the gain seen for the United States of 2.6 percent.

The New Haven-Milford Metro Area: Five-Year Percentage Growth in Employment

The Freight transportation arrangement industry has witnessed the largest percentage of employment expansion, increasing by 325.5 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in New Haven-Milford has increased employment faster than the overall industry growth seen in the State of Connecticut, where the industry felt a gain of 12.9 percent. The Freight transportation arrangement industry in New Haven-Milford outpaced the nation in terms of industry employment growth . During this period, the nation gained 0.6 percent in this industry.

Top 5 Industries
1. Freight transportation arrangement (325.5 percent gain)
2. Medical and diagnostic laboratories (205.4 percent gain)
3. Activities related to credit intermediation (148.8 percent gain)
4. ISPs and web search portals (108.4 percent gain)
5. Other general merchandise stores (95.0 percent gain)

The New Haven-Milford Metro Area: Five-Year Percentage Decline in Employment

The Rubber product manufacturing industry has seen the largest percentage drop in employment, losing 82.4 percent of the jobs from the 2nd quarter of 2001 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has seen in the Connecticut, where the industry felt a loss of 37.3 percent. The losses in the Rubber product manufacturing industry in New Haven-Milford outpaced the United States industry losses overall. During this period, the United States lost 19.4 in percent of jobs in the Rubber product manufacturing industry.

Top 5 Industries
1. Rubber product manufacturing (82.4 percent decline)
2. Unclassified (70.8 percent decline)
3. Land subdivision (57.7 percent decline)
4. Other heavy construction (55 percent decline)
5. Commercial and service industry machinery (54.1 percent decline)

New Haven-Milford One-Year Industry Employment Change

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Total One-Year Employment Decline in the New Haven-Milford Metro Area

The Warehousing and storage industry has lost the most employment with a total loss of 401 jobs during the period. The employment lost in the Warehousing and storage industry make up 6.9 percent of the total job loss in New Haven-Milford, CT.

Top 5 Industries
1. Warehousing and storage (401 jobs lost)
2. Motor vehicle parts manufacturing (365 jobs lost)
3. Wired telecommunications carriers (239 jobs lost)
4. Department stores (234 jobs lost)
5. Grocery stores (221 jobs lost)

Total One-Year Employment Growth in the New Haven-Milford Metro Area

Of the industries (4-digit NAICS) in the area, the Employment services industry has brought the most jobs with a total of 1,111 jobs added during the time period. These new jobs in the Employment services industry makes up 11.9 percent of the total growth in New Haven-Milford.

Top 5 Industries
1. Employment services (1,111 new jobs)
2. Clothing stores (642 new jobs)
3. Colleges and universities (466 new jobs)
4. Limited-service eating places (453 new jobs)
5. Individual and family services (413 new jobs)

Out of the 208 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 98 reported job growth in the duration of the year and 110 industry sectors reported declines during the time period.

In the New Haven-Milford, CT metro area, the aggregate employment for all industry sectors has increased by 3,391 total jobs from 2005 to 2006.

Total employment has increased by 1.1 percent since the 2nd Quarter figures of 2005. This change is greater than percent in Connecticut, which went through a gain of 1.1 percent since 2005 ( 2nd Quarter). The gains the area experienced were less than than the gain seen for the United States of 2 percent.

The New Haven-Milford Metro Area: One-Year Percentage Growth in Employment

The Office furniture and fixtures manufacturing industry has witnessed the largest percentage of employment expansion, increasing by 51.1 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in New Haven-Milford has added employment faster than the growth seen in the industry for Connecticut, where it saw a gain of 3.5 percent. The Office furniture and fixtures manufacturing industry in New Haven-Milford outpaced the United States, which experienced a gained 0.7 percent of the employment in this industry.

Top 5 Industries
1. Office furniture and fixtures manufacturing (51.1 percent gain)
2. Beverage manufacturing (49.2 percent gain)
3. Sound recording industries (40.0 percent gain)
4. Household and institutional furniture mfg. (33.5 percent gain)
5. Museums, historical sites, zoos, and parks (30.9 percent gain)

The New Haven-Milford Metro Area: One-Year Percentage Decline in Employment

The Unclassified industry has seen the largest percentage drop in employment, losing 41.5 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined slower than the industry sector has felt in the State of Connecticut, where the industry reported a loss of 44.6 percent. The losses in the Unclassified industry in New Haven-Milford outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 12.1 percent in terms of employment in the Unclassified industry.

Top 5 Industries
1. Unclassified (41.5 percent decline)
2. Support activities for animal production (38.5 percent decline)
3. Other heavy construction (33.2 percent decline)
4. Software publishers (30.5 percent decline)
5. Performing arts companies (24.9 percent decline)

About: This report is part 1 of 6 in the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Demographic Profile for New Haven-Milford, CT

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The New Haven-Milford metro area had a population that was estimated at 846,766 in 2005. The estimated population has increased, since the 2000 total population of 825,062. This growth represents an increase of 2.6 percent. New Haven-Milford ranks 2 of 4 MSAs by growth in total population in Connecticut and the metro area ranks 109 of 361 metro areas when calculating the total change in MSA population across the US.

By measuring total land area, the New Haven-Milford metro area covers a total land area of 606 square miles. The MSA has a very high average area density of 1,398 persons per square mile, in 2005. Similar metro areas, in terms of density, in the US include: -- more densely populated -- Bridgeport-Stamford-Norwalk (1,443 per sq. mile ), Honolulu (1,509 per sq. mile ), Trenton-Ewing (1,621 per sq. mile ), -- less densely populated -- Chicago-Naperville-Joliet (1,309 per sq. mile ), Boston-Cambridge-Quincy (1,258 per sq. mile ), Philadelphia-Camden-Wilmington (1,258 per sq. mile ).

The New Haven-Milford metropolitan statistical area (MSA) has a population that is made of 71.9 percent White, 11.5 percent African American, 3.1 percent Asian, and 12 percent Hispanic. This area can be considered to have a high amount of racial and ethnic diversity, with 26.6 percent of the population being minorities. This is greater than the State of Connecticut percent of 23.2. Since 2000, New Haven-Milford has increased the percent of minority population when 23.6 percent of the population was made up of minorities.

Since the year 2000, a high amount of people have migrated into the New Haven-Milford metro area, with 15,916 people migrating in from outside the country. The immigration into New Haven-Milford accounts for 20.9 percent of all immigration into Connecticut. This level of international migration can be considered high when compared to international migration per 2005 population.

Datasource: Population Estimates Program, U.S. Bureau of the Census.

Housing Report for New Haven-Milford

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New Haven-Milford had an owner-occupied dwelling median in 2005 of $245,600, according to the American Community Survey. This home value is less than the overall State of Connecticut 2005 home median value of $271,500 and greater than median home value of $167,500 for the United States in the same year.

In New Haven-Milford, there were a total of 346,893 housing structures in 2005. The metro area has seen a medium level of growth in the number housing units, adding a total of 4,693 residential structures since 2001, a change of 1.4 percent.

Looking across the State of Connecticut, New Haven-Milford is positioned 4 of the 4 metro areas in terms of percentage growth in new housing structures. The metropolitan statistical area (msa) ranks 342 of 361, in terms of residential real estate percentage change compared to other United States metro areas.

New Haven-Milford has a relatively high proportion of high-valued homes. For the year 2005, the American Community Survey accounted that 9.4 percent of owner-occupied dwellings were valued over a half a million dollars.

According to the data, there is a limited amount affordable residential real estate in New Haven-Milford, Connecticut. In 2005, only 10.2 percent of the homes were valued under $125,000.

Data Source: U.S. Census Bureau

Employment Report for New Haven, Connecticut -- Annual 2005 Industry Summary

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Educational services is the industry with the largest establishments in New Haven MSA, with the industry averaging 73 employees per business. This is greater than the industry's national average of 27 and greater than the Connecticut average of 35 for the Educational services industry.

In New Haven, Health care and social assistance, Retail Trade, and the Manufacturing sectors are the largest industries, in terms of total number of jobs in 2005. The Health care and social assistance is the major employer in the Metropolitan Area making up 18.7 percent of the total MSA employment. This totals 58,704 people employed. The Retail Trade and Manufacturing sectors account for 14 and 13.7 percent of industry employment.

Manufacturing since the year 2001 was faced with the largest loss in employment in the New Haven Metropolitan Area. The industry was hit with a loss of 8,059 total jobs during the period, accounting for 15.8 percent of employment in the sector. These losses made up 62.3 percent of all Metro Area employment losses since 2001.

An industry with high wages in New Haven is the management of companies and enterprises sector with an annual pay of $89,187. Locally, since the year 2001, the industry annual average wages have grown by 20.5 percent or $15,188. The State of Connecticut shows the same job market in the management of companies and enterprises sector, standing at the top of sectors by 2004 industry pay.

In New Haven, Educational services, Health care and social assistance and Information industries, in terms of United States location quotient, are the most dominant in the region. The Educational services industry has a US LQ in the region of 3.38. This means the percent of total employment in the Educational services sector is 3.38 times more than the average percent in the United States, revealing signs that New Haven may specialize, or be an exporter of Educational services.

Agriculture, forestry, fishing and hunting has seen the highest growth in employment from the years 2001-2005 in New Haven, increasing by 25.9 percent. This is greater than the change of total jobs in the industry for the United States of -0.6 percent. The State of Connecticut saw a change in employment in the sector of 1.4 percent, during the period of 2001 to 2005.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).