Regional Data Snapshotsrdc.msstate.edu/set/sites/default/files/data... · Nitrogenous Fertilizer Manufacturing 31. 0; 0. 0; 31. 31; Petroleum and Petroleum Products Merchant Wholesalers

Regional Data SnapshotTarget Industry ClustersSET Session 2

Northeast Region, Arkansas

Overview0102

Table of contents

Target IndustryClusters

03 Industry ClusterComparison

01overview

• Clay• Craighead• Greene• Lawrence• Poinsett• Randolph

4

Overview

section 01

Northeast AR Economic Development AssociationThe Northeast Arkansas Economic Development Association is comprised of 6 Arkansas counties. The region does not have an interstate, but I-55 passes near southeast of Poinsett County. The region is served by various U.S. Highways including U-49, U-62, U-63, and U-67. Major railroads include BNSF and UP. Black River is the major navigable waterway in the region. Clay Craighead Greene Lawrence Poinsett Randolph

02target

industry clusters

• Agribusiness

• Chemicals

• Machinery Manufacturing

• Business and Finance

• Information Technology and Telecommunications

Regional Job Growth:Three Key Components of the Shift-Share Analysis

National Growth Effect

Industrial Mix Effect

Regional Competitive

Effect

Share of regional industry growth explained by the growth of the specific industry sector at the national level

Explains how much of the regional industry’s growth is explained by the overall growth of the national economy

Explains how much of the change in a given industry is due to some unique competitive advantage that the region possesses

Expected Change The sum of the industrial mix and the national growth effects

Note:The calculations ensure no double counting of job change effects from national to regional levels

section 02Source: EMSI Website, http://www.economicmodeling.com/2011/12/05/understanding-shift-share-2/

http://www.economicmodeling.com/2011/12/05/understanding-shift-share-2/

Industries Jobs 2016National

Trend, 2010-2016

Industry Trend, 2010-

2016

Cumulative Expected

Growth

Actual Job Growth,

2010-2016

Regional Performance,

2010-2016A B C=A+B D D-C

Crop Production 3,534 406 -385 21 62 42

Frozen Specialty Food Manufacturing 750 81 -54 27 54 27

Animal Production 741 76 -76 0 94 96

Farm Supplies Merchant Wholesalers 675 72 -10 62 56 -7

Soil Preparation, Planting, and Cultivating 514 51 47 98 76 -23

Rice Milling 500 49 3 52 85 34Farm and Garden Machinery and Equipment Merchant Wholesalers 464 57 -26 31 -19 -50

Other Snack Food Manufacturing 458 44 43 87 79 -8

Farm Labor Contractors and Crew Leaders 376 39 13 52 38 -13

Poultry Processing 269 20 -16 4 98 95

Cotton Ginning 185 25 -42 -17 -32 -15

Breakfast Cereal Manufacturing 181 25 -48 -23 -30 -7

Grain and Field Bean Merchant Wholesalers 87 9 -1 8 11 4

Postharvest Crop Activities (except Cotton Ginning) 77 3 0 3 50 47

Farm Management Services 62 6 9 15 8 -7

Shift-Share Analysis (Regional Performance) by Top Industry Sectors

Agribusiness, Food Processing and Technology

Note: Upward arrow ( ) indicates regional competitiveness.

section 02Source: EMSI Class of Worker 2017.4 (QCEW, non -QCEW, self-employed and extended proprietors). 7

• Animal Production

• Poultry Processing

• Postharvest Crop Activities (except Cotton Ginning)

• Crop Production

• Rice Milling

• Frozen Specialty Food Manufacturing

• Grain and Field Bean Merchant Wholesalers

Industries that Outperformed Industries that Underperformed

• Farm Supplies Merchant Wholesalers

• Farm Management Services

• Breakfast Cereal Manufacturing

• Other Snack Food Manufacturing

• Farm Labor Contractors and Crew Leaders

• Cotton Ginning

• Soil Preparation, Planting, and Cultivating

• Farm and Garden Machinery and Equipment Merchant Wholesalers



Shift-Share Analysis

Industries Exports 2016 ($ Millions) Jobs 2016 Export per job

2016 ($) LQ 2016

Crop Production 357.45 3,534 101,133 4.11

Frozen Specialty Food Manufacturing 279.76 750 373,024 21.80

Animal Production 146.83 741 198,054 1.10

Farm Supplies Merchant Wholesalers 98.57 675 146,137 9.50

Soil Preparation, Planting, and Cultivating 26.11 514 50,837 10.63

Rice Milling 249.71 500 498,981 176.33

Farm and Garden Machinery and Equipment Merchant Wholesalers 70.04 464 150,865 7.58

Other Snack Food Manufacturing 274.97 458 600,008 18.25

Farm Labor Contractors and Crew Leaders 0.45 376 1,197 1.97

Poultry Processing 42.00 269 156,029 2.02

Cotton Ginning 11.00 185 59,375 32.06

Breakfast Cereal Manufacturing 207.60 181 1,147,222 24.48

Grain and Field Bean Merchant Wholesalers 10.19 87 116,692 2.72

Postharvest Crop Activities (except Cotton Ginning) 2.49 77 32,470 1.29

Farm Management Services 1.87 62 30,319 3.08

Note: Sorted similarly as the shift-share analysis slide.


Top Industry Sectors


Industries Estimated Input ($ Millions), 2016 % In-Region % Out of Region

Crop Production $190.23 48.1% 51.9%

Animal Production $75.46 12.4% 87.6%

Corporate, Subsidiary, and Regional Managing Offices $55.15 2.2% 97.8%

Wholesale Trade Agents and Brokers $29.32 33.4% 66.6%

Rail transportation $23.03 50.5% 49.5%

Poultry Processing $20.82 98.6% 1.4%

Cheese Manufacturing $20.76 0.0% 100.0%

Other Animal Food Manufacturing $19.78 0.9% 99.1%

Corrugated and Solid Fiber Box Manufacturing $17.72 0.7% 99.3%

Plastics Bottle Manufacturing $17.50 2.9% 97.1%

Frozen Specialty Food Manufacturing $17.39 94.8% 5.2%

Farm Labor Contractors and Crew Leaders $16.28 63.3% 36.7%

Flour Milling $16.10 1.8% 98.2%

Fats and Oils Refining and Blending $16.02 0.0% 100.0%

Commercial Banking $14.86 94.8% 5.2%


section 02Source: EMSI Class of Worker 2017.4 (QCEW, non -QCEW, self-employed and extended proprietors).

10

Top 15 Inputs by Dollars

Agribusiness, Food Processing and TechnologyTop 15 Inputs by Dollars


11

$0 $50 $100 $150 $200

Commercial Banking

Fats and Oils Refining and Blending

Flour Milling

Farm Labor Contractors and Crew Leaders

Frozen Specialty Food Manufacturing

Plastics Bottle Manufacturing

Corrugated and Solid Fiber Box Manufacturing

Other Animal Food Manufacturing

Cheese Manufacturing

Poultry Processing

Rail transportation

Wholesale Trade Agents and Brokers

Corporate, Subsidiary, and Regional Managing Offices

Animal Production

Crop Production

$Million

Top

Inpu

t Sec

tors

Leakage Analysis

Within RegionOutside of Region

Occupations Jobs 2016 % Change, 2010-2016

Median Hr. Earnings Entry Level Education

Farmers, Ranchers, and Other Agricultural Managers 2,961 -8% $14.79 High school diploma or equivalent

Farmworkers and Laborers, Crop, Nursery, and Greenhouse 1,142 36% $9.88 No formal educational credential

Packaging and Filling Machine Operators and Tenders 236 10% $14.35 High school diploma or equivalent

Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products

234 6% $21.45 High school diploma or equivalent

Agricultural Equipment Operators 214 30% $9.89 No formal educational credentialLaborers and Freight, Stock, and Material Movers, Hand 187 12% $11.49 No formal educational credential

Mixing and Blending Machine Setters, Operators, and Tenders 174 23% $21.57 High school diploma or equivalent

Nonfarm Animal Caretakers 153 39% $14.72 High school diploma or equivalent

Farm Equipment Mechanics and Service Technicians 146 -3% $15.66 High school diploma or equivalent

Industrial Truck and Tractor Operators 142 14% $14.57 No formal educational credential

Heavy and Tractor-Trailer Truck Drivers 131 16% $18.21 Postsecondary nondegree award

Team Assemblers 118 15% $12.75 High school diploma or equivalentAnimal Trainers 114 -5% $14.33 High school diploma or equivalent

Helpers--Production Workers 110 15% $12.31 No formal educational credential

Office Clerks, General 100 8% $11.68 High school diploma or equivalent

Top Occupations



12


Trend, 2010-2016


2016

Cumulative Expected

Growth

Actual Job Growth,

2010-2016


2010-2016A B C=A+B D D-C

Plastics Packaging Film and Sheet (including Laminated) Manufacturing 774 33 147 180 495 315

All Other Plastics Product Manufacturing 397 42 14 56 37 -20

Toilet Preparation Manufacturing 333 16 6 22 192 170

Glass Container Manufacturing 194 23 -38 -15 -3 12

Ready-Mix Concrete Manufacturing 182 18 0 18 25 6

Pharmaceutical Preparation Manufacturing 181 2 -3 -1 163 164

Rubber and Plastics Hoses and Belting Manufacturing 87 9 -2 7 13 7

Other Chemical and Allied Products Merchant Wholesalers 68 2 -1 1 52 51

Clay Building Material and Refractories Manufacturing 60 6 -5 1 11 10

Other Concrete Product Manufacturing 60 5 3 8 16 9

Petroleum Bulk Stations and Terminals 51 8 -6 2 -18 -19

Rubber Product Manufacturing for Mechanical Use 33 0 0 0 Insf. Data 29

Nitrogenous Fertilizer Manufacturing 31 0 0 0 31 31Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) 28 4 -3 1 -2 -3

Concrete Block and Brick Manufacturing 16 1 0 1 Insf. Data 10

Shift-Share Analysis (Regional Performance) by Top Industry SectorsChemicals



3

• Plastics Packaging Film and Sheet (including Laminated) Manufacturing

• Toilet Preparation Manufacturing

• Pharmaceutical Preparation Manufacturing

• Other Chemical and Allied Products Merchant Wholesalers

• Nitrogenous Fertilizer Manufacturing

• Rubber Product Manufacturing for Mechanical Use

• Glass Container Manufacturing

• Concrete Block and Brick Manufacturing

• Clay Building Material and Refractories Manufacturing

• Other Concrete Product Manufacturing

• Rubber and Plastics Hoses and Belting Manufacturing

• Ready-Mix Concrete Manufacturing


• Petroleum and Petroleum Products

Merchant Wholesalers (except Bulk Stations

and Terminals)

• Petroleum Bulk Stations and Terminals

• All Other Plastics Product Manufacturing

Chemicals


4



2016 ($) LQ 2016

Plastics Packaging Film and Sheet (including Laminated) Manufacturing 255 774 330,148 65.65

All Other Plastics Product Manufacturing 95 397 240,195 2.24

Toilet Preparation Manufacturing 201 333 601,555 9.59

Glass Container Manufacturing 38 194 197,931 22.87

Ready-Mix Concrete Manufacturing 23 182 128,320 3.21

Pharmaceutical Preparation Manufacturing 65 181 360,420 1.52

Rubber and Plastics Hoses and Belting Manufacturing 14 87 161,951 6.40

Other Chemical and Allied Products Merchant Wholesalers 6 68 94,968 1.05

Clay Building Material and Refractories Manufacturing 8 60 137,726 3.92

Other Concrete Product Manufacturing 2 60 29,882 1.87

Petroleum Bulk Stations and Terminals 3 51 52,313 2.59

Rubber Product Manufacturing for Mechanical Use 9 33 276,942 1.86

Nitrogenous Fertilizer Manufacturing 21 31 659,594 6.19

Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) 0 28 15,486 0.74

Concrete Block and Brick Manufacturing 3 16 193,115 1.36



5

Top Industry SectorsChemicals


Plastics Material and Resin Manufacturing $70.41 0.2% 99.8%


All Other Basic Organic Chemical Manufacturing $12.45 0.5% 99.5%

Unlaminated Plastics Film and Sheet (except Packaging) Manufacturing $8.42 0.3% 99.7%

Corrugated and Solid Fiber Box Manufacturing $6.90 0.9% 99.1%

Rail transportation $6.65 51.8% 48.2%


Cement Manufacturing $6.11 0.0% 100.0%

Plastics Bag and Pouch Manufacturing $5.82 0.0% 100.0%

Petrochemical Manufacturing $5.69 0.0% 100.0%

All Other Plastics Product Manufacturing $5.55 10.1% 89.9%

Construction Sand and Gravel Mining $4.28 84.3% 15.7%

Plastics Packaging Film and Sheet (including Laminated) Manufacturing $4.15 79.3% 20.7%

General Freight Trucking, Long-Distance, Truckload $3.71 96.0% 4.0%

Machine Shops $3.49 6.8% 93.2%

Chemicals


16




17

Chemicals

$0 $20 $40 $60 $80

Machine Shops

General Freight Trucking, Long-Distance, Truckload

Plastics Packaging Film and Sheet (including Laminated)…

Construction Sand and Gravel Mining

All Other Plastics Product Manufacturing

Petrochemical Manufacturing

Plastics Bag and Pouch Manufacturing

Cement Manufacturing


Rail transportation

Corrugated and Solid Fiber Box Manufacturing

Unlaminated Plastics Film and Sheet (except Packaging)…

All Other Basic Organic Chemical Manufacturing


Plastics Material and Resin Manufacturing

$ Million

Top

Inpu

t Sec

tors

Leakage Analysis 2016

Within Region

Outside of Region



Team Assemblers 237 41% $12.75 High school diploma or equivalent

Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic 199 31% $12.48 High school diploma or equivalent

Mixing and Blending Machine Setters, Operators, and Tenders 184 127% $21.57 High school diploma or equivalent

Heavy and Tractor-Trailer Truck Drivers 132 11% $18.21 Postsecondary nondegree award

First-Line Supervisors of Production and Operating Workers 103 45% $23.22 High school diploma or equivalent

Inspectors, Testers, Sorters, Samplers, and Weighers 86 48% $16.71 High school diploma or equivalent

Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders 71 16% $17.54 High school diploma or equivalent

Laborers and Freight, Stock, and Material Movers, Hand 66 38% $11.49 No formal educational credential

Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products 62 55% $21.45 High school diploma or equivalent


Packers and Packagers, Hand 57 36% $10.24 No formal educational credential

Maintenance and Repair Workers, General 53 47% $13.86 High school diploma or equivalent

Packaging and Filling Machine Operators and Tenders 52 86% $14.35 High school diploma or equivalent

General and Operations Managers 50 47% $29.43 Bachelor's degree

Molders, Shapers, and Casters, Except Metal and Plastic 50 9% $12.68 High school diploma or equivalent

Top OccupationsChemicals


12


Trend, 2010-2016


2016

Cumulative Expected

Growth

Actual Job Growth,

2010-2016


2010-2016

A B C=A+B D D-CConveyor and Conveying Equipment Manufacturing 1,204 85 66 151 480 329

Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing 187 12 1 13 81 68

Construction Machinery Manufacturing 168 11 -6 5 72 66

Mechanical Power Transmission Equipment Manufacturing 154 13 -12 1 40 39

Other Industrial Machinery Manufacturing 80 8 6 14 10 -3

Special Die and Tool, Die Set, Jig, and Fixture Manufacturing 64 16 -6 10 -74 -84

Industrial Mold Manufacturing 46 3 2 5 25 20

Machine Tool Manufacturing 38 3 3 6 8 2

Power-Driven Hand tool Manufacturing 34 7 5 12 -25 -37

Air and Gas Compressor Manufacturing 29 2 -1 1 9 8

Farm Machinery and Equipment Manufacturing 18 0 0 0 Insf. Data 14

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing

15 5 -5 0 -29 -30


Machinery Manufacturing



9

• Conveyor and Conveying Equipment Manufacturing

• Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing

• Construction Machinery Manufacturing

• Mechanical Power Transmission Equipment Manufacturing

• Industrial Mold Manufacturing

• Farm Machinery and Equipment Manufacturing

• Air and Gas Compressor Manufacturing

• Machine Tool Manufacturing


• Other Industrial Machinery Manufacturing

• Air-Conditioning and Warm Air Heating

Equipment and Commercial and Industrial

Refrigeration Equipment Manufacturing

• Power-Driven Hand tool Manufacturing

• Special Die and Tool, Die Set, Jig, and Fixture

Manufacturing



0


IndustriesExports 2016

($ Millions) Jobs 2016 Export per job 2016 ($) LQ 2016

Conveyor and Conveying Equipment Manufacturing 396.54 1,204 329,277 65.89

Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing 34.37 187 183,527 10.74

Construction Machinery Manufacturing 42.00 168 250,385 4.33

Mechanical Power Transmission Equipment Manufacturing 32.43 154 210,826 20.13

Other Industrial Machinery Manufacturing 14.93 80 186,397 2.35

Special Die and Tool, Die Set, Jig, and Fixture Manufacturing 5.08 64 79,761 1.63

Industrial Mold Manufacturing 2.79 46 60,473 1.87

Machine Tool Manufacturing 4.15 38 109,538 1.54

Power-Driven Hand tool Manufacturing 4.70 34 139,463 6.32

Air and Gas Compressor Manufacturing 8.52 29 291,942 2.47

Farm Machinery and Equipment Manufacturing 3.68 18 202,969 0.51

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing

1.46 15 97,290 0.30



1




Iron and Steel Mills and Ferroalloy Manufacturing $17.68 0.0% 100.0%


Machine Shops $10.72 6.0% 94.0%

Fluid Power Pump and Motor Manufacturing $7.43 0.0% 100.0%


Paint and Coating Manufacturing $5.77 7.1% 92.9%

Fluid Power Cylinder and Actuator Manufacturing $5.03 0.0% 100.0%

Relay and Industrial Control Manufacturing $4.62 0.0% 100.0%

Motor and Generator Manufacturing $4.35 14.7% 85.3%

Other Motor Vehicle Parts Manufacturing $4.18 27.2% 72.8%

Motor Vehicle Gasoline Engine and Engine Parts Manufacturing $3.54 0.0% 100.0%

Iron and Steel Forging $3.39 0.0% 100.0%

Mechanical Power Transmission Equipment Manufacturing $3.22 30.3% 69.7%

Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) $3.21 0.0% 100.0%

Fabricated Structural Metal Manufacturing $2.95 2.6% 97.4%



22


Machinery ManufacturingTop 15 Inputs by Dollars


23

$0 $5 $10 $15 $20

Fabricated Structural Metal Manufacturing

Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)

Mechanical Power Transmission Equipment Manufacturing

Iron and Steel Forging

Motor Vehicle Gasoline Engine and Engine Parts Manufacturing

Other Motor Vehicle Parts Manufacturing

Motor and Generator Manufacturing

Relay and Industrial Control Manufacturing

Fluid Power Cylinder and Actuator Manufacturing

Paint and Coating Manufacturing


Fluid Power Pump and Motor Manufacturing

Machine Shops


Iron and Steel Mills and Ferroalloy Manufacturing

$ Million

Top

Inpu

t Sec

tors


Within Region

Outside of Region



Team Assemblers 418 55% $12.75 High school diploma or equivalent

Welders, Cutters, Solderers, and Brazers 140 65% $15.90 High school diploma or equivalent

Machinists 97 21% $16.85 High school diploma or equivalent

First-Line Supervisors of Production and Operating Workers 78 30% $23.22 High school diploma or equivalent

Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic 58 45% $15.90 High school diploma or equivalent

Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products 57 46% $21.45 High school diploma or equivalent

Inspectors, Testers, Sorters, Samplers, and Weighers 51 28% $16.71 High school diploma or equivalent

Structural Metal Fabricators and Fitters 46 59% $14.83 High school diploma or equivalent


Mechanical Engineers 44 16% $21.82 Bachelor's degree

Computer-Controlled Machine Tool Operators, Metal and Plastic 37 19% $15.96 High school diploma or equivalent


Welding, Soldering, and Brazing Machine Setters, Operators, and Tenders 35 30% $16.01 High school diploma or equivalent

Industrial Machinery Mechanics 33 43% $20.90 High school diploma or equivalent

Laborers and Freight, Stock, and Material Movers, Hand 33 27% $11.49 No formal educational credential

Top Occupations



12

Industries Jobs 2016

National Trend, 2010-

2016


2016

Cumulative Expected

Growth

Actual Job Growth,

2010-2016


2010-2016A B C=A+B D D-C

Insurance Agencies and Brokerages 747 83 25 108 34 -73

Other Activities Related to Real Estate 452 41 16 57 106 49

Lessors of Nonresidential Buildings (except Miniwarehouses) 402 27 23 50 175 125

Offices of Lawyers 386 51 -44 7 -49 -56

Lessors of Miniwarehouses and Self-Storage Units 341 32 31 63 68 5

Residential Property Managers 298 19 36 55 134 79

Investment Advice 242 16 -10 6 103 96

Offices of Certified Public Accountants 202 21 7 28 22 -6

Claims Adjusting 200 20 -12 8 29 21

Other Accounting Services 197 29 -10 19 -53 -73

Lessors of Other Real Estate Property 184 19 3 22 25 4

Portfolio Management 183 20 34 54 10 -44

Computer Systems Design Services 152 19 32 51 -10 -61

Engineering Services 138 12 -5 7 38 31

Tax Preparation Services 133 13 -14 -1 23 24

Shift-Share Analysis (Regional Performance) by Top Industry SectorsBusiness And Financial Services



5

• Lessors of Nonresidential Buildings (except Miniwarehouses)

• Investment Advice

• Residential Property Managers

• Other Activities Related to Real Estate

• Engineering Services

• Tax Preparation Services

• Claims Adjusting

• Lessors of Miniwarehouses and Self-Storage Units

• Lessors of Other Real Estate Property


• Offices of Certified Public Accountants

• Portfolio Management

• Offices of Lawyers

• Computer Systems Design Services

• Other Accounting Services

• Insurance Agencies and Brokerages

Business And Financial Services


6


Industries Exports 2016 ($ Millions) Jobs 2016

Export per job 2016 ($) LQ 2016

Insurance Agencies and Brokerages 32 747 42,830 1.00

Other Activities Related to Real Estate 4 452 9,288 0.59

Lessors of Nonresidential Buildings (except Miniwarehouses) 3 402 6,845 0.71

Offices of Lawyers 6 386 15,402 0.47

Lessors of Miniwarehouses and Self-Storage Units 22 341 63,519 1.09

Residential Property Managers 2 298 6,290 0.67

Investment Advice 2 242 6,443 0.39

Offices of Certified Public Accountants 1 202 4,037 0.67

Claims Adjusting 10 200 51,691 2.41

Other Accounting Services 0 197 1,582 0.59

Lessors of Other Real Estate Property 22 184 121,468 1.15

Portfolio Management 1 183 5,241 0.30

Computer Systems Design Services 2 152 10,183 0.24

Engineering Services 3 138 20,538 0.23

Tax Preparation Services 1 133 9,537 1.02



7

Top Industry SectorsBusiness And Financial Services


Insurance Agencies and Brokerages $30.24 66.7% 33.3%

Temporary Help Services $13.39 89.6% 10.4%

Lessors of Residential Buildings and Dwellings $9.57 100.0% 0.0%

Commercial Banking $8.05 98.6% 1.4%

Offices of Real Estate Agents and Brokers $7.90 76.4% 23.6%

Janitorial Services $6.65 97.9% 2.1%

Landscaping Services $6.26 88.0% 12.0%


Lessors of Nonresidential Buildings (except Miniwarehouses) $5.70 76.0% 24.0%

Electric Power Distribution $5.68 66.9% 33.1%

Third Party Administration of Insurance and Pension Funds $5.62 31.1% 68.9%

Other Activities Related to Real Estate $4.83 86.1% 13.9%

Wired Telecommunications Carriers $4.64 18.8% 81.2%

Direct Property and Casualty Insurance Carriers $4.11 35.8% 64.2%

Offices of Lawyers $3.95 40.3% 59.7%



28




29


$0 $10 $20 $30 $40

Offices of Lawyers

Direct Property and Casualty Insurance Carriers

Wired Telecommunications Carriers

Other Activities Related to Real Estate

Third Party Administration of Insurance and Pension Funds

Electric Power Distribution

Lessors of Nonresidential Buildings (except Miniwarehouses)


Landscaping Services

Janitorial Services

Offices of Real Estate Agents and Brokers

Commercial Banking

Lessors of Residential Buildings and Dwellings

Temporary Help Services

Insurance Agencies and Brokerages

$ Million

TOP

Inpu

t Sec

tors


Within Region

Outside of Region



Real Estate Sales Agents 764 32% $21.89 High school diploma or equivalent

Insurance Sales Agents 653 11% $17.39 High school diploma or equivalent

Property, Real Estate, and Community Association Managers 310 41% $23.03 High school diploma or equivalent

Personal Financial Advisors 303 16% $29.62 Bachelor's degree

Accountants and Auditors 256 -3% $23.32 Bachelor's degree

Real Estate Brokers 229 32% $29.25 High school diploma or equivalent

Office Clerks, General 167 -2% $11.68 High school diploma or equivalent

Lawyers 158 4% $34.24 Doctoral or professional degree

Bookkeeping, Accounting, and Auditing Clerks 155 -3% $15.58 Some college, no degree

Securities, Commodities, and Financial Services Sales Agents 147 -15% $23.77 Bachelor's degree

Managers, All Other 138 34% $16.61 Bachelor's degree

Management Analysts 135 -8% $24.98 Bachelor's degree

Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 131 4% $12.97 High school diploma or equivalent

Claims Adjusters, Examiners, and Investigators 110 13% $27.91 High school diploma or equivalent

First-Line Supervisors of Non-Retail Sales Workers 104 28% $17.51 High school diploma or equivalent

Top OccupationsBusiness And Financial Services


12


Trend, 2010-2016


2016

Cumulative Expected

Growth

Actual Job Growth,

2010-2016


2010-2016

A B C=A+B D D-CElectrical Contractors and Other Wiring Installation Contractors 741 66 38 104 181 77

Motor and Generator Manufacturing 379 73 -103 -30 -246 -216

Noncurrent-Carrying Wiring Device Manufacturing 262 32 -17 15 -11 -26

Mechanical Power Transmission Equipment Manufacturing 154 13 -12 1 40 39

Computer Systems Design Services 152 19 32 51 -10 -61

Custom Computer Programming Services 119 9 14 23 45 23

Other Industrial Machinery Manufacturing 80 8 6 14 10 -3

Data Processing, Hosting, and Related Services 61 4 4 8 25 17

Telecommunications Resellers 44 3 -12 -9 19 29

Computer Facilities Management Services 25 1 1 2 Insf. Data 13

Computer and Computer Peripheral Equipment and Software Merchant Wholesalers 18 1 -1 0 Insf. Data 10


Information Technology And Telecommunications



1

• Electrical Contractors and Other Wiring Installation Contractors

• Mechanical Power Transmission Equipment Manufacturing

• Telecommunications Resellers

• Custom Computer Programming Services

• Data Processing, Hosting, and Related Services

• Computer Facilities Management Services

• Computer and Computer Peripheral Equipment and Software Merchant Wholesalers


• Other Industrial Machinery Manufacturing

• Noncurrent-Carrying Wiring Device

Manufacturing

• Computer Systems Design Services

• Motor and Generator Manufacturing



2



2016 ($) LQ 2016

Electrical Contractors and Other Wiring Installation Contractors 18.93 741 25,562 1.18

Motor and Generator Manufacturing 76.80 379 202,418 17.43

Noncurrent-Carrying Wiring Device Manufacturing 44.72 262 170,847 40.72

Mechanical Power Transmission Equipment Manufacturing 32.43 154 210,826 20.13

Computer Systems Design Services 1.54 152 10,183 0.24

Custom Computer Programming Services 2.42 119 20,388 0.19

Other Industrial Machinery Manufacturing 14.93 80 186,397 2.35

Data Processing, Hosting, and Related Services 0.62 61 10,258 0.27

Telecommunications Resellers 6.02 44 135,955 1.20

Computer Facilities Management Services 0.11 25 4,572 0.51

Computer and Computer Peripheral Equipment and Software Merchant Wholesalers 3.99 18 221,497 0.14



3





Other Engine Equipment Manufacturing $4.39 0.0% 100.0%

Iron and Steel Mills and Ferroalloy Manufacturing $4.31 0.0% 100.0%

Copper Rolling, Drawing, Extruding, and Alloying $2.99 44.1% 55.9%


Wired Telecommunications Carriers $2.38 21.8% 78.2%

Engineering Services $1.81 20.1% 79.9%

Machine Shops $1.79 7.1% 92.9%

Metal Crown, Closure, and Other Metal Stamping (except Automotive) $1.74 6.7% 93.3%

Motor and Generator Manufacturing $1.67 60.0% 40.0%

Ready-Mix Concrete Manufacturing $1.63 99.0% 1.0%

Plastics Material and Resin Manufacturing $1.50 0.8% 99.2%

Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) $1.29 0.0% 100.0%

Mechanical Power Transmission Equipment Manufacturing $1.28 68.0% 32.0%

Bolt, Nut, Screw, Rivet, and Washer Manufacturing $1.27 3.3% 96.7%



34


Information Technology And TelecommunicationsTop 15 Inputs by Dollars


35

$0.00 $1.00 $2.00 $3.00 $4.00 $5.00

Bolt, Nut, Screw, Rivet, and Washer Manufacturing

Mechanical Power Transmission Equipment Manufacturing

Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)

Plastics Material and Resin Manufacturing

Ready-Mix Concrete Manufacturing

Motor and Generator Manufacturing

Metal Crown, Closure, and Other Metal Stamping (except Automotive)

Machine Shops

Engineering Services

Wired Telecommunications Carriers


Copper Rolling, Drawing, Extruding, and Alloying

Iron and Steel Mills and Ferroalloy Manufacturing

Other Engine Equipment Manufacturing


$ Million

Top

Inpu

t Sec

tors


Within RegionOutside of Region



Electricians 220 20% $16.80 High school diploma or equivalent

Team Assemblers 152 -15% $12.75 High school diploma or equivalent

Construction Laborers 61 49% $12.80 No formal educational credential


Electrical and Electronic Equipment Assemblers 50 -50% $13.22 High school diploma or equivalent

Office Clerks, General 47 18% $11.68 High school diploma or equivalent

Carpenters 46 10% $14.43 High school diploma or equivalent

Managers, All Other 43 54% $16.61 Bachelor's degree

Telecommunications Equipment Installers and Repairers, Except Line Installers 42 75% $25.63 Postsecondary nondegree award

First-Line Supervisors of Production and Operating Workers 40 -23% $23.22 High school diploma or equivalent

Computer User Support Specialists 38 41% $16.54 Some college, no degree

First-Line Supervisors of Construction Trades and Extraction Workers 37 19% $18.03 High school diploma or equivalent

Inspectors, Testers, Sorters, Samplers, and Weighers 35 -19% $16.71 High school diploma or equivalent

Coil Winders, Tapers, and Finishers 32 -32% $18.40 High school diploma or equivalent

Telecommunications Line Installers and Repairers 32 88% $24.36 High school diploma or equivalent

Top Occupations



12

03industry

cluster comparison

• Agribusiness

• Chemicals

• Machinery Manufacturing

• Business and Finance

• Information Technology and Telecommunications

38

Agribusiness and Food Processing: Contribution by Counties (Jobs 2016)

Source: EMSI 2017.4 (QCEW Employees, Non -QCEW Employees, Self-Employed, and Extended Proprietors); Industry cluster definitions by PCRD

section 03

39

Chemicals: Contribution by Counties (Jobs 2016)


section 03

40

Machinery: Contribution by Counties (Jobs 2016)


section 03

41

Business and Finance: Contribution by Counties (Jobs 2016)


section 03

42

Information Technology: Contribution by Counties (Jobs 2016)


section 03

43Source: EMSI 2017.4 (QCEW Employees, Non -QCEW Employees, Self-Employed, and Extended Proprietors); Industry cluster definitions by PCRD

Industry Clusters: Components to Assess

Agribusiness, Food Processing

& TechnologyChemicals Machinery

ManufacturingBusiness &

Financial Service

Information technology &

telecommunications

Regional Performance, 2010-2016 225 453 312 -568

(negative number)-213

(negative number)

Export value, 2016 $1,816,304,046 $772,078,019 $551,122,567 $160,334,111 $207,521,694

Leakage, 2016 $832,546,489 $336,135,360 $217,177,815 $128,063,678 $94,050,469

Establishments, 2016 440 60 24 561 94

Contribution by counties 6 6 6 6 6

Business input Seek input from businesses on how they can strengthen their connections to the key clusters, especially providing products and services now being imported from outside the region.

Resident’s value Review Civic Forum Input from Residents

Regional Data Snapshotsrdc.msstate.edu/set/sites/default/files/data... · Nitrogenous Fertilizer Manufacturing 31. 0; 0. 0; 31. 31; Petroleum and Petroleum Products Merchant Wholesalers

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