Wednesday, January 24, 2007

Grand Forks One-Year Industry Employment Change

In the Grand Forks, ND-MN metro area, the total number of workers for all sectors has increased by 448 jobs from mid-2005 to mid-2006.

Out of the 68 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 34 accounted an for increase in employment during the period and 32 industry sectors reported declines during the time period.

Total One-Year Employment Decline in the Grand Forks Metro Area

Of the area's industries (4-digit NAICS), the Limited-service eating places industry witnessed the largest drop in employment, losing a total of 81 jobs during the time period. The jobs lost in the Limited-service eating places industry make up 15.3 percent of the total employment decline in Grand Forks, ND-MN.

Top 5 Industries
1. Limited-service eating places (81 jobs lost)
2. Other specialty trade contractors (58 jobs lost)
3. Fruit and vegetable preserving and specialty (54 jobs lost)
4. Office supplies, stationery, and gift stores (45 jobs lost)
5. Building foundation and exterior contractors (40 jobs lost)

Total One-Year Employment Growth in the Grand Forks Metro Area

From the industries (4-digit NAICS) in the area, the Traveler accommodation industry has added the most employment with 107 employees finding new jobs in the industry. The employment growth in the Traveler accommodation industry makes up 13.0 percent of the total number of new jobs in Grand Forks.

Top 5 Industries
1. Traveler accommodation (107 new jobs)
2. Nonresidential building construction (82 new jobs)
3. Individual and family services (71 new jobs)
4. Offices of physicians (68 new jobs)
5. Department stores (62 new jobs)

The Grand Forks Metro Area: One-Year Percentage Growth in Employment

The Activities related to credit intermediation industry has experienced the largest percentage growth, expanding by 46.2 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Grand Forks has expanded faster than the overall industry growth seen in the State of North Dakota, where it saw a loss of 3.3 percent. The Activities related to credit intermediation industry in Grand Forks outpaced the US in terms of percent growth of industry employment. During this period, the US gained 5.4 percent of the employment in this industry.

Top 5 Industries
1. Activities related to credit intermediation (46.2 percent gain)
2. Automotive equipment rental and leasing (29.3 percent gain)
3. Household goods repair and maintenance (22.2 percent gain)
4. Other crop farming (19.7 percent gain)
5. Nonresidential building construction (19.3 percent gain)

Total employment has increased by 1.2 percent since the 2nd Quarter figures of 2005. This change is less than percent in the State of North Dakota, which saw a gain of 2.6 percent since 2005 ( 2nd Quarter). The gains were less than than the gain experienced overall in the US of 2 percent.

The Grand Forks Metro Area: One-Year Percentage Decline in Employment

The Other miscellaneous manufacturing industry has lost the largest percent of jobs, losing 47.5 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has felt in the State of North Dakota, where the it saw a loss of 8.8 percent. The losses in the Other miscellaneous manufacturing industry in Grand Forks outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 1.2 in percent of jobs in the Other miscellaneous manufacturing industry.

Top 5 Industries
1. Other miscellaneous manufacturing (47.5 percent decline)
2. Data processing and related services (27.9 percent decline)
3. Office supplies, stationery, and gift stores (21.6 percent decline)
4. Other specialty trade contractors (20.9 percent decline)
5. Medical equipment and supplies manufacturing (17.4 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.

Thursday, January 11, 2007

Income and Poverty in Grand Forks, ND-MN

While the median household income saw a decline from 2000 to 2005 in the Grand Forks, ND-MN metro area, the Race/Ethnicity category that felt the biggest decline in household income was the American Indian and Alaska Native Race/Ethnicity category. This category went through a decline of 32 percent since the year 2000. The Hispanic population group was least impacted by the household income decline in Grand Forks, seeing a 3.4 percent decline in median income, since the values reporting the 2000 Decennial Census.

The median household income has declined a small amount from the 2000 values (inflation adjusted). The median income has decreased to $41,519, which amounts to a 0.2 percent decline. The Grand Forks, ND-MN MSA, in terms of percentage of decline, ranks 8 of 10 metro area in percent of decline for household income in North Dakota. Grand Forks ranks 232 of 233 metro area when comparing the decline in median household income in the United States.

When put side-by-side with other Metros throughout the United States, the Grand Forks metro area may be understood as having a medium-low rate of poverty among its population, accounting a rate of 11.9 percent of the population with family incomes below the 1999 poverty level. The American Indian and Alaska Native race/ethnicity population cohort, has the uppermost poverty rate with 38.3 percent of the people in 2000 living in poverty. The population that is aged Under 5 years are experiencing most percent people in poverty in Grand Forks, reporting 19 percent of the population in this age category living in poverty.

In Grand Forks, ND-MN White householders had a median household income (in 2005 Dollars) of $42,325 as reported by the Decennial Census of 2000, which was 1.7 percent greater than the median income in 2000. According to the 2000 Census, the Asian headed households in the area have median household incomes of $40,950. This median is 1.6 percent less than the reported median for all households in the area. The households that were headed by an American Indian and Alaska Native individual in Grand Forks had a median household income level of $30,629, this was 26.4 percent less than the median income level in this area. Black or African American headed households had a median household income that was 12.3 percent less than the overall median reported in 2000, with a reported median of $36,510. Hispanic in Grand Forks, ND-MN reported a median household income of $31,013, which is 25.5 percent less than the median reported for all households in the area.

The poverty rate in the Grand Forks, ND-MN Metro has increased by 0.4 percent from the levels reported in the Decennial Census of 2000, moving from 11.9 percent to 12.3 percent.

Compared to other MSAs throughout the nation, the Grand Forks metro area accounted a medium-low household income of $41,608 (Adjusted to 2005 Dollars). This is 2.7 percent higher than the median in State of North Dakota of $40,487 and the income level is 18.1 percent lower than the median household income level in the US of $49,133.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.

 

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