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BY THE NUMBERS JUNE Charlotte Regional Partnership 550 South Caldwell St Suite 760 Charlotte, NC 28202 (704) 347-8942 fax (704) 347-8981 Compiled monthly and posted online www.charlotteusa.com: Vanessa Goeschl, CEcD, VP Research [email protected] 10 BY THE NUMBERS
12

Charlotte USA By The Numbers 6-30-2010

Nov 12, 2014

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The Charlotte Regional Partnership’s monthly By the Numbers is the only report of its kind. Easy-to-read charts not only compare employment numbers in the current and prior years for each of our 16 counties, the report breaks down employment changes by industry. It compares the Charlotte region with the other six partnership areas in North Carolina and other major Southeast regions. Charts show at a glance year-to-year comparisons of the national unemployment rate, consumer confidence and home sales indices. The report also summarizes Charlotte USA locations, expansions, closings and layoffs for each month fiscal year-to-date. And there are extras, such as taxable sales within the region.
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Page 1: Charlotte USA By The Numbers 6-30-2010

BY THE NUMBERS

JUNE

Charlotte Regional Partnership550 South Caldwell St

Suite 760Charlotte, NC 28202

(704) 347-8942fax (704) 347-8981

Compiled monthly and posted onlinewww.charlotteusa.com:

Vanessa Goeschl, CEcD,VP Research

[email protected]

10

BY THE NUMBERS

Page 2: Charlotte USA By The Numbers 6-30-2010

BY THE NUMBERS

10000

20000

30000

40000

50000

DecDecNovNovOctOctSepSep

AugAugJulJulJunJunMayMayAprApr

MarMar

FebFebJanJan

20092008 2010

15,379

BY THE NUMBERS

Charlotte Regional Partnership:

Initial Unemployment Claims

DecDecNovNovOctOctSepSep

AugAugJulJulJunJunMayMayAprApr

MarMar

FebFebJanJan DecccccccDDeeeccccccccccNovvvvNoovvvvvvvvOctttttttttOOccctttttttttttSeppppppppppSSeeepppppppppppp

AuggggggggAuuuggggggggggggJulllllJuullllllllllJunnnnnnnJJuunnnnnnnnMayyyyMaayyyyyyAprrrApprrrr

MarrrrMMaarrrrr

Febbbbbbbbbeebbbbanaannn

2008 2009 2010

1000000

1050000

1100000

1150000

1200000

1250000

1,137,307

Charlotte Regional Partnership:

“Employed” Population

NC10.3%

SC11.0%

Labor Force in Charlotte USA (May 2009 to May 2010)

remained stable.

Unemployment Rate in Charlotte USA

decreased to 11.50% from 11.80% last month

Initial Unemployment Claims decreased region wide by 9.6%

in May

A change in the unemployment is not entirely attributable to job gains and losses. It is partially caused by the movement of people in and out of

the labor force.

Local Labor Conditions

Over-the-Month Employment Change 4,300 0.5%

Government 2,400 2.0%

Education and Health Services 1,100 1.3%

Mining, Logging & Construction 700 2.0%

Financial Activities 400 0.6%

Other Services 200 0.6%

Trade, Transp. & Utilities 200 0.1%

Information 100 0.5%

Leisure & Hospitality 0 0.0%

Professional and Business Services -100 -0.1%

Manufacturing -700 -1.1%

Over-the-Year Employment Change -3,600 -0.4

Government 5,000 4.2%

Professional & Business Services 3,200 2.6%

Educational & Health Services 2,300 2.8%

Trade, Transp. & Utilities 900 0.5%

Other Services -300 -1.0%

Information -300 -1.4%

Leisure & Hospitality -1,200 -1.3%

Financial Activities -2,700 -3.8%

Manufacturing -3,100 -4.5%

Mining Logging & Construction -7,400 -17.2%

Charlotte-Gastonia-Concord MSA: Employment Trends

Source: NC Employment Security Commission, Mar, 2010. MSA include Anson, Cabarrus, Gaston, Mecklenburg, Union and York Counties. CES data is based on work location and is a monthly survey of employers. It counts the number of positions in the MSA on a monthly basis.. Cannot be compared to LAUS data (above).

Source: NC ESC, SC ESC LAUS May 2010Source: NC ESC, SC ESC May 2010

LAUS figures are estimates by place of residence. It counts the number of employed people living in the 16 county region at month end. Cannot be compared to CES data (below)

Page 3: Charlotte USA By The Numbers 6-30-2010

BY THE NUMBERSBY THE NUMBERS

National Perspective

Southeastern U.S. Perspective

U.S. Unemployment Rate

U.S. Consumer Confidence Index

1.0

3.8

6.6

9.4

12.2

15.0

2008 2009 2010DecDec

NovNovOctOctSepSepAugAugJulJulJunJun

MayMayAprApr

MarMar

FebFebJanJan

9.5%

0

30

60

90

120

150

DecDecNovNovOctOctSepSep

AugAugJulJulJunJunMayMayAprApr

MarMar

FebFebJanJan

2007 20092008 2010

52.9

0

10

20

30

40

50

60

70

Employment ProductionNew OrdersComposite (PMI)

Jul-09 Jun-09

Jun-10 May-10

Apr -10

Mar-10 Feb-10

Jan-10 Dec-09

Nov-09 Oct-09

Aug-09 Sep-09

56.2

Institute for Supply Management (ISM)

Report on Business: Manufacturing Diffusion Indices

-50-40-30-20-10

01020304050

Employment ShipmentsNew OrdersComposite

Aug-09 Sep-09

Jul-09 Jun-09

Jun-10 May-10

Apr - 10

Mar-10 Feb-10

Jan-10 Nov-09

Dec-09 Oct-09

23

Federal Reserve Bank of Richmond:

Fifth District Survey of Manufacturing Activityincludes Maryland, Virginia, West Virginia, North Carolina and South Carolina

Source: U.S. Bureau of Labor Statistics Jun, 2010

Source: The Conference Board June 2010

Source: Institute for Supply Management June 2010

Source: Federal Reserve Bank of Richmond June 2010

Page 4: Charlotte USA By The Numbers 6-30-2010

BY THE NUMBERSBY THE NUMBERS

Southeastern U.S. Perspective

100110120130140150160170180190200

AtlantaDallas

CharlotteTampa

Washington DC

Aug-09 Jul-09

Jun-09

May-09 Apr-09

Mar-10 Feb-10

Jan-10 Dec-09

Nov-09 Oct-09

Sep-09

S&P / Case-Shiller Index Home Price IndicesSeasonally Adjusted

10001300160019002200250028003100340037004000

DecDecNovNovOctOctSepSepAugAugJulJulJunJun

MayMayAprAprMar

MarFebFebJanJan

20092008

$2,479,009,873

Total Taxable Sales: 16-county Charlotte region

Source: NC Department of Revenue, SC Department of Revenue Oct 2009

Source: S&P / Case-Shiller Index June 2010. 3 month rolling average

Page 5: Charlotte USA By The Numbers 6-30-2010

BY THE NUMBERS

Labor Market Comparison to Regions in Carolinas:

Labor Market Comparison to Other Southeast Metro’s

-5

-4

-3

-2

-1

0

1

2

3

4

5

Atlanta

Charlotte

CincinattiNashville

Jacksonville Richmond

1.0% 0.4%-0.9% -1.0% -1.1% -2.3%

Net Jobs as % of Workforce: May 2009-May 2010

Source: LAUS program in VA, FL, OH, TN, KY, NC, SC, GA Labor Departments

-5

-4

-3

-2

-1

0

1

2

3

4

5

Upstate

PTP

RTP Southeast

AdvWest Northeast

1.5% 1.3% 1.0%0.5%

-0.4% -0.8%

No

U

Eastern

CRP

PT

RT

P

-1.5%-2.5%

Net Jobs as % of Workforce: May 2009-May 2010

Source: LAUS program in NC, SC Labor Departments

Page 6: Charlotte USA By The Numbers 6-30-2010

BY THE NUMBERS

Company County New or Expanded TypeAdded Jobs

July-09Apple Catawba New Data Center 50Devon Office Furniture Chesterfield New Mfg/Dist 20

Liberty NationalMecklenburg/York Exp Finance/Insurance 300

Revenue Strategies Mecklenburg New Sales N/AFreightliner/Daimler Gaston Exp (Rehire) Mfg 25CU Pharmaceutical Research Chester Exp Med research N/AYale Industrial Products Inc. Anson Exp and rehire Mfg 65The 909 Group Mecklenburg Exp Consulting 15-50Imperial Guard and Detective Serviced Mecklenburg New Security 35Honeywell Safety Products York Exp Mfg 80McVeigh & Mangum Engineering Inc. Mecklenburg New Engineering 5Spantek Lincoln New Mfg 25Peak 10 Inc Mecklenburg Exp Data Center 5PolyAmerica Chester New/restart Mfg 400CorrEnergy Biodiesel Plant Lincoln New Energy 11

August-09Fifth Third Mecklenburg Exp Finance/retail 50BestSweet Iredell Exp Mfg 15Carolina Ingredients, Inc York (frm Meck) Exp Mfg 25Hendrick Motorsports Cabarrus Exp Motorsports 5Zenta Mecklenburg Exp Finance/Services 400Ethan Allen Catawba Exp/recall Mfg 352NaviSite Mecklenburg New Data Center 51Morgan Stanly Mecklenburg Exp Finance N/ABiotage LLC Mecklenburg New US HQ/Mfg 21Heil Screw Products Catawba New Mfg 10Competition Accessories York New HQ/Distribution 40Camber Ridge (tire testing) N/A New Research/Development 15-20Neighborhood Assistance Corp. of America Mecklenburg Exp (2nd) Finance/Mortgage 1000Ostec Industries Lincoln New Mfg 5Husqvarna Mecklenburg Exp HQ N/AHof Textiles Lincoln Exp Mfg 16

September-09Teknek Mecklenburg New Mfg 6Citizens South Union Exp Financial/retail N/ASCR-Tech Mecklenburg Exp Mfg/Energy 61

Charlotte USA Business Activity: Announced Investments, Layoffs & Closures

Page 7: Charlotte USA By The Numbers 6-30-2010

BY THE NUMBERSBY THE NUMBERS

Company County New or Expanded TypeAdded Jobs

Acacia Home and Garden Catawba Exp Mfg N/ACaye Home Furnishings Alexander New Mfg 128GAI Consultants Mecklenburg New Engineering 20Westinghouse Electric Co Mecklenburg Exp Energy 20Argix Mecklenburg Exp Trucking 25Industrial Timber Alexander Exp Mfg 17Jet Project Ltd Mecklenburg New Call Center 2North Carolina Foam & Sales Alexander New Mfg 20Mountain Khakis Gaston Exp Dist/Warehouse N/AU.S. Bancorp Mecklenburg Exp Financial services 70UFS Holdings-Premiere Fibers Anson Exp Mfg 20

October-09International Medical Equipment & Service Inc York Exp Healthcare 5Red Ventures Lancaster Exp HQ 1000Biodiesel Production Company Mecklenburg New Energy-biodiesel N/ALiburdi Dimetrics Iredell New HQ/Mfg 80CBLPath Cabarrus New Healthcare 10Kinro (Drew Industries Inc.) Chester New Mfg N/ALegrand York Distribution Center 185Rug and Home Cabarrus Exp HQ/Dist/Warehouse 40-75Premier Inc Mecklenburg Exp HQ/Healthcare 300Komet USA York Exp USHQ Med Device Mfg 0Solamere Advisors Mecklenburg New Financial services 11USDA Human Nutrition Center Cabarrus New Gov/Healthcare 150New Finish, Inc. Stanly Exp Mfg 0Johnson & Wales University Mecklenburg Exp Education N/AFiServe Catawba New Financial Serv/CallCen. 419Highland Industries Inc. Chesterfield Exp Mfg textiles 20

November-09Piedmont Rubber Recycling Iredell Exp Environment 48Legacy Furniture Group Catawba Exp Mfg furniture 50Critical Systems Mecklenburg New Commercial safety sys. 30Magna Composites Rowan Exp Mfg auto parts 162Freightliner Gaston Rehire Mfg auto parts 25Mallard Creek Polymers Cabarrus Exp Med Devices 10Bell Lines Inc Cleveland Exp Trucking 400Bank of America Home Loans Mecklenburg Exp Financial Services 143NouvEON Mecklenburg Exp Energy/Tech 50Secure EDI Mecklenburg Exp Healthcare/IT 42

Charlotte USA Business Activity: Announced Investments, Layoffs & Closures

Page 8: Charlotte USA By The Numbers 6-30-2010

BY THE NUMBERSCharlotte USA Business Activity: Announced Investments, Layoffs & Closures

Company County New or Expanded TypeAdded Jobs

QualTech Industries Cleveland Exp Machine shop 30Lash Group Mecklenburg Exp Health-care 500 (150p)PGT Rowan Exp Mfg/Energy 165SBM Solar Inc. Cabarrus Exp Mfg/Energy 60BB&T Rowan Exp Finance N/A

December-09Sennebogen Lincoln Exp Mfg cranes 26Duke Energy Corporate Training Center Cleveland Exp Energy 75-125The Babcock & Wilcox Co. Mecklenburg New Energy/HQ 12Greyne Custom Wood Co. Lancaster Exp Mfg/wood flooring 35Paragon Films Alexander Exp Plastics/plastic film 15Capital Advisors Inc Mecklenburg Exp/Spinoff Financial Services 13AME, Inc. (Move from Rock Mill and Exp) Chester Exp Mfg dept/warehouse N/ACygnus Asset Management Mecklenburg New FS-wealth mngmt 4Geosyntec Consultnant Mecklenburg New Cosulting/Engineer 20Electrolux Mecklenburg New NAHQ 738Narenco Mecklenburg New Energy-renewable 30Talon System Iredell New Mfg/furnitre 150CEM Corp Union Exp Mfg/med device 50Zenta Mortgage Services Mecklenburg Exp Financial Services 1000

January-10Advanced Green Technologies Mecklenburg Exp Energy N/AWilbert Plastic Services Gaston New HQ/Mfg 41Composite Resources York Exp Mfg 50Husqvarna Mecklenburg Exp NAHQ/Mfg 160Belk Mecklenburg Exp HQ/retail 39Harmony Labs Cabarrus Exp Pharma mfg 40Concord Global Trading Iredell New Wlsle/Retail funiture N/AExtend-A-Haul Rowan Exp Mfg/truck parts 10-50Convergys Corp Catawba Exp Call center 120

CelguardMecklenburg/ Cabarrus Exp Energy/Batteries 289

Monsanto Co. Cabarrus New Research/health 12W.A. Brown and Son Rowan Rehire Mfg 20Advanced Disposal Mecklenburg New Environmental Serv. N/A

February-10Kewaunee Scientific Corporation Iredell Expansion Mfg-lab equipment 100Solaris Industries Inc. Cleveland New Mfg-steel tubes 40Defense Venture Group Lancaster Move from Meck HQ/Mfg armored vehic. 220Bradman Lake York Move from Meck Mfg-food packaging 50Wastequip Inc., Mecklenburg New Mfg-waste container N/A

Page 9: Charlotte USA By The Numbers 6-30-2010

BY THE NUMBERSCharlotte USA Business Activity: Announced Investments, Layoffs & Closures

Company CountyNew or Expanded Type

Added Jobs

March-10The Garretson Firm Mecklenburg Exp Legal Serv/health care 30Turman Commercial Painters Mecklenburg Exp Commerical Painters N/ALongitude 80 Dairies LLP (Stamey Farms with Toni Dairy Industry SA) Iredell New Yogurt production 32Triad Racing Technology Iredell New Engine shop/mtrspts 56Pierre Foods, Inc Catawba Exp Mfg/Dist food 500Continental Tires The Americas Lancaster Exp Mfg auto parts 50Siemens Energy Mecklenburg Exp Mfg gas turbine 825Turbotec Catawba Exp Mfg heat exchangers 73Robbins-Gioia Mecklenburg Exp Financial Services n/aSonoco Recycling Inc Mecklenburg Exp Material recovery 0Hammerhead Iredell New Film studio n/aColfax Corporation (IMO Pump) Union Exp Mfg pump/valve 0Atlas Copco York/Meck Exp Dist. Center in Meck 8Industrial Fabricators/Dixon Products Gaston Exp Mfg pipe 50Hewitt Associates Mecklenburg Exp Consulting/FS/IT 463

April-10Cataler North America Lincoln Exp Mfg-auto parts 40Greiner Bio-One Inc Union Exp Mfg - medical device 51Ajax Rolled Ring York Exp Mfg - custom 30Anderson America Corp Mecklenburg Exp Mfg - machines 25Norfolk Southern Mecklenburg Exp Logistics intermodal 200Michelin Aircraft Tire Company Stanly Exp Aircraft tires 74Basset Furniture Industries Catawba Reopen Upholstry plant N/AClariant Corporation Mecklenburg Exp Chemicals 50PGT Industries Rowam Exp Mfg - windows doors 100Verizon Wireless Mecklenburg Exp Call Center 100Fab Fours Lancaster (frm Meck) Exp Mfg-auto parts 3Duke Energy Generation Services Cleveland New Solar Farm N/ALinet Americas Mecklenburg New HQ/Backoffice medical 50Kinro Inc (Drew Industries) Chester New Mfg-doors and windows 125Greyne Custom Wood Lancaster New Mfg-hard wood floor 50ProFlowers Mecklenburg New Distribution center N/AHaile Gold Mine (Romarco Minerals) Lancaster Exp Gold mine 300TradeKing Mecklenburg Exp Financial Services 20

May-10Robert W. Baird & Company Mecklenburg Exp Financial Services 4Telerx Gaston Exp Bus. Services 60American Red Cross Mecklenburg Exp Call center 267Strategic Outsourcing Inc Lancaster Exp HQ: Bus. Services 65

Page 10: Charlotte USA By The Numbers 6-30-2010

BY THE NUMBERS

Charlotte USA Business Activity: Announced Investments, Layoffs & Closures

Company CountyNew or Expanded Type

Added Jobs

May-10 continuedImmune Tolerance Institute Cabarrus New Health N/AGeneral Mills Cabarrus New Health N/ASupermetal York New Mfg-Metal 200Nutramax Laboratories Lancaster New Mfg-Pharma 203

June-10WebVisable Mecklenburg Expansion Technology/Services 150Red Ventures Lancaster Expansion HQ/technology 150Magna Composites LLC Rowan/Catawba Expansion Mfg-Auto parts 193Ameritrust Mortgage Mecklenburg Expansion Financial Services 70Morgan Stanley Mecklenburg Expansion Financial Services 50Ironwood Farms LLC Chesterfield New Organic lawn products 11Citco Fund Services Mecklenburg New Financial Services 258Clearwater Paper Corp. Cleveland New Mfg-Paper goods 250Jo-Mar Spinning Gaston New Mfg-Yarn spinning 100Ilmore Marine LLC Iredell Expansion Mfg-boat engines 15Hydac International Lincoln New Mfg-hydraulic parts 40Peak Resources Gaston Expansion HQ/Health care N/AV-Bio Inc Mecklenburg New Healthcare/Research N/A

Source: Compiled by CRP staff from various news sources, press releases and company announcements

Page 11: Charlotte USA By The Numbers 6-30-2010

BY THE NUMBERS

Company County Layoff/Closure Type Lost JobsJuly-09

Humana Inc/KMG Lancaster LY Finance/Insurance 29Stock Building Supply Gaston CL Supplier 15Red Horse Racing LLC Iredell CL Motorsports 28Richard Petty Motorsports Iredell LY Motorsports 9Constar Chesterfield LY Mfg 11Toray York LY Mfg 5Jason Finishing Group Conover CL Mfg 43ZF Lemforder Lancaster CL Mfg 108

August-09Ticona Polymers Cleveland LY Mfg 100Celanese Cleveland LY Mfg 100Doosan Mecklenburg CL HQ/Construction N/AIngold, Inc Catawba CL Construction N/ACross Automation Gaston LY Tech N/AFederal Reserve Mecklenburg LY Finance 52Altec Industries Rowan Exp Mfg 15Advanced Tubing Technology, Inc. Iredell LY Mfg N/A

September-09UNC Chapel Hill - Research Campus Cabarrus LY Health/Life Sciences N/AGuardian Freight Catawba LY Transportation 10Power Curbers, Inc. Rowan LY Construct/Services 45

October-09N.C. Research Campus (UNC-CH) Cabarrus LY Life Science 6Sealer Agents Waterproofing Union LY Construction 20OneCare Co. (Esseplast USA) Mecklenburg CL Mfg 55Hooker Furniture Corp. Rowan CL Mfg 23

November-09MI Windows and Doors Rowan CL Mfg 110W.A. Brown & Son Rowan CL Mfg 100Red Ventures Mecklenburg Moved to Lancaster Technology N/ATerex Corporation York LY Mfg 65

December-09GMAC Mecklenburg LY Financial Services 45Color Ad Packaging Union CL Mfg/plastic-bag 85Tree.com Mecklenburg LY Financial service/tech N/APre-Build East Mecklenburg CL Building materials 65Weber Automotive Chesterfield LY Mfg 30Signature Event Group York CL Event Mngmt 7

Charlotte USA Business Activity: Announced Investments, Layoffs & Closures

Page 12: Charlotte USA By The Numbers 6-30-2010

BY THE NUMBERS

Company County Layoff/Closure Type Lost JobsJanuary-10

Coastal Federal Credit Untion Meck/Cabarrus CL Financial Services N/ANASCAR Scene/NASCAR Illustrated Cabarrus Merge Motorsports/Media 18Haldex Iredell CL Mfg 91Charlotte Observer Mecklenburg LY Media 25Glen Raven Iredell LY Textile Mfg 41The Herald York LY Media 7Dana Holdings Corp Iredell LY Mfg/engineering 25Clayton Homes Stanly CL Mfg/Modular Homes 94

February-10Sun Chemical Corp Mecklenburg CL Mfg-inks and coatings 75GMAC (Semperian) Mecklenburg LY FS call center-auto 71Taylored Chemical Products Cleveland CL Chemicals 40Orthofix International Mecklenburg CL Med device 6

March-10Maxon Furniture Inc Rowan CL Mfg furniture 132CommScope Catawba LY Mfg cable 85AbitibiBowater York LY paper mill 30Berry Plastics Corp Mecklenburg CL Mfg packaging 73Pass Seymour/Legrand Cabarrus LY Mfg/Dist wiring 163

April-10UTI Integrated Logistics Rowan LY Wharehousing/Logistics 53Carilion Labs Mecklenburg LY Healthcare 90Connextions Cabarrus LY Call Center 300-350Elmer’s Products Iredell LY Distribution 50

May-10U.S. F1 Mecklenburg CL Motorsports 9Palm Harbor Homes Stanly CL Mfg/Modular Homes 110Fast & Lite Union CL Contractor 12Cooper Wiring Devices Mecklenburg CL Mfg/Distrib wire 82Humana Inc Lancaster LY Health 70

June-10John Deer Southeast Engineering Center Mecklenburg CL Services 90Caye Home Furnishing Alexander LY Mfg-Furniture 70Lance Inc Mecklenburg LY Mfg-Snack food 96

Charlotte USA Business Activity: Announced Investments, Layoffs & Closures

Source: Compiled by CRP staff from various news sources, press releases and company announcements