Ritchie County, West Virginia 2006 Economic Update

Written by Matt

Wednesday, 30 January 2008

From the industries (3-digit NAICS) in the area, the Oil and gas extraction industry has brought the most jobs with a total of 138 new jobs created in the period. The job growth in Oil and gas extraction makes up 53.6% percent of the growth in Ritchie County, West Virginia. Top Growing Industries: 1. Oil and gas extraction (138 new jobs) 2. Building material and garden supply stores (27 new jobs) 3. Truck transportation (19 new jobs) 4. Ambulatory health care services (12 new jobs) 5. Credit intermediation and related activities (4 new jobs) Given the industries in the area, the Nonmetallic mineral product manufacturing industry witnessed the largest drop in employment, losing a total of 90 jobs. The declines in Nonmetallic mineral product manufacturing makes up 11.6% percent of the jobs lost during the period in Ritchie County, West Virginia. Top Declining Industries: 1. Nonmetallic mineral product manufacturing (90 jobs lost) 2. Executive, legislative and general government (28 jobs lost) 3. Wood product manufacturing (12 jobs lost) 4. Social assistance (8 jobs lost) 5. Motor vehicle and parts dealers (3 jobs lost) Of the 62 industries with industry data reported by the BLS in each year, 35 experience no change, 13 described an expansion of jobs throughout the time period, and 14 industries reported employment loss in the period.In Ritchie County, West Virginia, the aggregate employment for all industry sectors has increased by 13.4%, or 406 jobs, between 2002 and 2006.

 

< Prev		Next >