Regional Competitive Industry Analysis Marion, Polk, and Yamhill Counties May 2014 Yamhill Polk Marion Michael Meyers, Economist (503) 229-6179 [email protected] Global Strategies Section One World Trade Center 121 SW Salmon Street, Suite 205 Portland, OR 97204 Table of Contents EXECUTIVE SUMMARY ..................................................................................................................... 3 INTRODUCTION...................................................................................................................................... 4 SECTION 1: SOURCES AND METHODOLOGY ................................................................................. 4 Regional Indicators ............................................................................................................................................ 4 Competitive Industry Indicators ...................................................................................................................... 5 Employment Growth Projections ................................................................................................................... 5 Caveats and Limitations .................................................................................................................................... 5 SECTION 2: OVERVIEW OF THE REGIONAL ECONOMY ............................................................. 6 Employment, Total Payroll and Average Wage per Job .............................................................................. 6 Employment Growth ........................................................................................................................................ 6 Manufacturing Employment and Wages ........................................................................................................ 7 Unemployment Rate.......................................................................................................................................... 8 SECTION 3: REGIONAL COMPETITIVE INDUSTRIES................................................................... 9 Location Quotient Analysis .............................................................................................................................. 9 Shift-Share Analysis .........................................................................................................................................10 Regional Employment Projections by Industry ..........................................................................................12 Page 2 of 14 Regional Competitive Industry Analysis Marion, Polk, and Yamhill Counties Executive Summary Lying in the heart of the Willamette Valley, this region’s economy is grounded in natural resources and state government. Marion County is home to Oregon’s capitol and third largest Metropolitan Statistical Area, Salem. As such, state government is an important industry to the region’s economy. Polk and Yamhill counties are more rural and rely on natural resources for their economic base, although Marion County also has a significant economic base in natural resources. The region had the fifth fastest employment growth rate between 2002 and 2012 amongst the state’s regions, growing 5.1 percent compared to the state rate of 4.1 percent. The private sector average annual wage is 23 percent lower than the statewide average, due in large part to the region’s dependence on lower paying industries in agriculture, food, and beverage manufacturing. Nonetheless, the region has high paying, competitive industries in forestry and wood product manufacturing, medical equipment and supplies manufacturing, and other manufacturing subsectors. Manufacturing was 13 percent of the region’s private sector employment in 2012, slightly higher than the statewide average of 12 percent. With a location quotient of 1.19, manufacturing is very important to the region economy and its competitive advantages. Food manufacturing is the largest manufacturing subsector in the region, accounting for nearly a third of manufacturing employment in the region. Wood products and miscellaneous manufacturing are the next largest manufacturing subsectors in the region. Industries in agriculture, food, and beverage manufacturing experienced some of the largest competitive advantage percent and job gains in the region between 2002 and 2012. Nonscheduled air transportation had the highest competitive advantage percent gain over the ten year period. Manufacturing industries in miscellaneous, furniture, metals, and medical equipment and supplies also experienced significant competitive advantage percent and job gains. Retirement and assisted living facilities and business support services experienced the largest competitive advantage job losses between 2002 and 2012 in the region. Industrial machinery manufacturing, fruit and tree nut farming, cattle ranching and farming, and warehousing and storage were competitive traded sector industries that experienced large competitive advantage percent losses over the ten year period. Amongst emerging traded sector industries, software, e-commerce stores, wholesale trade, professional, scientific, and technical services, management of companies and enterprises, and agriculture, construction, and mining machinery manufacturing had the highest competitive advantage percent and job gains between 2002 and 2012. Employment in the region is projected to grow by 14 percent between 2012 and 2022, a little less than the statewide rate of 15 percent. Construction, administrative and support services, and health care are projected to grow the fastest between 2012 and 2022, and with manufacturing, add the most jobs. Manufacturing is projected to grow 13 percent, faster than the statewide average of 11 percent. Page 3 of 14 Introduction The purpose of this report is to present a competitive industry analysis of the regional economy consisting of Marion, Polk, and Yamhill counties. Regional trends in employment and wages are analyzed and compared to trends in Oregon and the U.S. This report provides data and analysis to help economic development practitioners, policy makers, and businesses identify strengths, weaknesses, opportunities, and threats that pertain to their regional economy. The information in this report can be used to help guide strategic economic development efforts in the region. This report is composed of four sections. Section one outlines the data sources and methodology behind the creation of this report. The second section provides an overview of the regional economy by analyzing employment and wage trends over time. Section three supplies a framework to identify industries in the region that may have a competitive advantage in developing or expanding regional industry specialization. Section four analyzes ten year employment projections of the region’s main industries and identifies industries with above average growth potential. Section 1: Sources and Methodology This report is based on analysis of statistical data from the Oregon Employment Department, U.S. Census Bureau, Bureau of Economic Analysis, and Bureau of Labor Statistics. The methodology for this report uses a series of indicators to provide a framework for evaluating the competitive strengths and growth opportunities of the regional economy. The following indicators are used for this report. Regional Indicators Section two begins with a comparative analysis of the regional economy focusing on private sector business establishments, employment, total payroll, and average wage to show the geographic distribution and characteristics of employment in each region. Recent employment and wage trends are also analyzed and compared to the state. This analysis is followed by analysis of manufacturing employment and wages. Employment and average annual wages of leading manufacturing subsectors are presented, along with their location quotients. A location quotient measures the employment concentration of a given industry in a region compared to that industry’s employment concentration in the nation as a whole. Location quotients above 1.0 indicate that an industry’s share of employment in the region was greater than its share of employment nationwide. For example, an industry with a location quotient of 2.0 has twice as much employment locally as the national average for that industry. Location quotients are a simple way to help identify industries in the region that have a competitive advantage as demonstrated by a greater than average employment concentration. An analysis of manufacturing establishments by size class follows, which shows the distribution of manufacturers in the region amongst four different size classes. This analysis shows how much a region may be dependent on small, medium, or large-size manufacturers. Page 4 of 14 The unemployment rate analysis reveals how well the region has done at creating and retaining jobs for its working-age population. The analysis compares the regional unemployment rate to rates from Oregon and the U.S., which shows whether the region has performed better or worse than average. This comparative analysis also provides insight into how autonomous the region’s economy is from Oregon and the U.S. Competitive Industry Indicators Section three begins with two detailed analyses that attempt to identify industries that have a competitive advantage in the region. A detailed location quotient analysis by four digit NAICS codes shows industries in the region that appear to have a competitive advantage based on high location quotients. This analysis includes all sectors of the economy, not just manufacturing. Industries with high location quotients and higher than average wages are highlighted. Following the location quotient analysis is a shift-share analysis. Shift-share analysis, like location quotient analysis, is useful in identifying industries with a competitive advantage in the region. Unlike a location quotient analysis that is a point-in-time analysis, shift-share analysis looks at industry performance over time to measure how employment in an industry changed in relation to national and industrial trends. If a region’s industry consistently outperforms its peers nationwide over a period of time this indicates a growing competitive advantage for that industry. The shiftshare analysis examines the ten-year growth rates for regional and nationwide industry employment. Employment change over the past ten years for each industry is broken out by change due to national total employment trends, change due to national industry employment trends, and change due to competitive advantage. Tables 6, 7, and 8 present competitive share percent changes and competitive share job gains and losses for industries in the region that had the largest gains and losses in competitive advantage. Employment Growth Projections Section four examines employment growth projections for the major industries in each region. Growth projections are a good way to identify industries where employment growth is projected to occur. Current projections cover the period from 2012 to 2022. Caveats and Limitations Employment and wage data throughout the report comes from Quarterly Census of Employment and Wage data from the Bureau of Labor Statistics and Oregon Employment Department. This data is limited to employment and wages that are covered under unemployment insurance in Oregon. The Employment Department estimates that about 90 percent of jobs in Oregon are covered by unemployment insurance. Employment data presented in the Table 9 is total non-farm employment and not limited to covered employment in Oregon. The manufacturing establishments by size data in Table 3 is a combination of two data sets. The total number of manufacturing establishments comes from Quarterly Census of Employment and Wage (QCEW) data from the Oregon Employment Department. The percent of manufacturing establishments by employment size-class data comes from County Business Patterns (CBP) data from the U.S. Census Bureau. The two data sets are combined in this table because the QCEW data Page 5 of 14 is more accurate in its total count of establishments, but it does not include size class data for counties. The CBP data does have size class data for counties, but its overall number of establishments by county is not as accurate as the QCEW. Combined, one can estimate the number of establishments by employment-size class. Section 2: Overview of the Regional Economy Employment, Total Payroll, and Average Wage per Job • Private sector employment in this region accounted for 10.0 percent of Oregon’s total private sector employment in 2012. • The 2012 private sector average annual wage in the region was $33,843, 22.5 percent lower than the statewide average. • Marion County accounts for almost three-quarters of the region’s total private sector employment. • Marion and Yamhill counties have similar average wages, around $34,500, while Polk County has a lower average wage of $28,256. Table 1: Employment, Total Wages, and Average Wage per Job, Private Sector, 2012 Area Marion Polk Yamhill Region Oregon Employment 98,112 11,974 26,856 136,942 1,373,607 Total Payroll $3,364,318,263 $338,338,512 $931,912,259 $4,634,569,034 $59,948,736,635 Average Wage $34,291 $28,256 $34,700 $33,843 $43,643 % of Region Employment 71.6% 8.7% 19.6% 100.0% N/A % of Statewide Ave. Wage 78.6% 64.7% 79.5% 77.5% 100.0% Source: Oregon Employment Depart ment , Quart erly Census of Employment & Wages. Employment Growth • The region’s ten year private sector employment growth ranked 5th in the state. • Total private sector employment in the region increased by 5.1 percent between 2002 and 2012, higher than the statewide average growth rate of 4.1 percent. • Private sector employment growth in the region has not been distributed evenly amongst the three counties, with Yamhill County growing by 12.2 percent, Polk County by 9.1 percent, and Marion County by 2.8 between 2002 and 2012. Page 6 of 14 Table 2: Change in Private Sector Employment, 2002-2012 Area Marion Polk Yamhill Region Oregon 2002 Employment 95,418 10,973 23,939 130,330 1,320,125 2012 Employment 98,112 11,974 26,856 136,942 1,373,607 Employment Change 2.8% 9.1% 12.2% 5.1% 4.1% Employment Change Rank 15 11 9 5 N/A Source: Oregon Employment Depart ment , Quart erly Census of Employment & Wages. Manufacturing Employment and Wages • Manufacturing was 12.8 percent of the region’s private sector employment in 2012. • With a location quotient of 1.19, manufacturing is very important to the region’s economy and competitive advantages. • Food manufacturing is the largest manufacturing subsector in the region, accounting for nearly a third of manufacturing employment in the region. Wood products and miscellaneous manufacturing are the next two largest subsectors. • The region has a slightly higher percentage of manufacturers with 99 or less employees than the statewide average, but is more or less similar in its distribution of manufacturers by employment size class as the state. Table 3: Manufacturing Employment and Wages, 2012 NAICS 31-33 311 321 339 332 312 333 337 334 326 323 325 336 315 327 322 EmployIndustry ment Manufacturing 17,549 Food Manufacturing 5,320 Wood Product Manufacturing 1,680 Miscellaneous Manufacturing 1,628 Fabricated Metal Product Manufacturing 1,377 Beverage and Tobacco Product Manufacturing 1,368 Machinery Manufacturing 920 Furniture and Related Product Manufacturing 690 Computer and Electronic Product Manufacturing 643 Plastics and Rubber Products Manufacturing 455 Printing and Related Support Activities 442 Chemical Manufacturing 395 Transportation Equipment Manufacturing 381 Apparel Manufacturing 301 Nonmetallic Mineral Product Manufacturing 172 Paper Manufacturing 154 Total Pay $698,227,980 $168,791,394 $67,525,678 $85,987,961 $59,866,521 $44,030,704 $47,324,009 $19,836,457 $33,397,442 $16,395,833 $15,117,494 $18,528,184 $16,012,040 $8,376,083 $7,242,099 $8,290,544 Location Quotient 1.19 2.95 4.01 2.28 0.79 5.79 0.68 1.59 0.48 0.57 0.78 0.41 0.21 1.64 0.38 0.33 Average Wage $39,787 $31,728 $40,194 $52,818 $43,476 $32,186 $51,439 $28,748 $51,940 $36,035 $34,202 $46,907 $42,026 $27,828 $42,105 $53,835 Source: Business Oregon; data from Bureau of Labor Statistics, Quarterly Census of Employment & Wages. Page 7 of 14 Table 4: Manufacturing Establishments by Size, 2012 Area Marion Polk Yamhill Region Oregon Total Manufacturing Establishments 372 78 239 689 5,608 Percent of Manufacturing Establishments by Employment-Size Class 250 or 1-19 20-99 100-249 More 76.5% 18.4% 3.4% 1.7% 73.1% 20.9% 4.5% 1.5% 76.2% 20.1% 1.9% 1.9% 76.0% 19.3% 3.0% 1.7% 75.8% 18.2% 4.2% 1.8% Source: Tot al est ablishment s from Oregon Employment Depart ment , Quart erly Census of Employment & Wages; employment -size class dat a from U.S. Census Bureau, Count y Business Pat t erns, 2011. Unemployment Rate • The region’s unemployment rate largely mirrored the state’s unemployment rate between 2002 and 2012, but was higher than the U.S. rate throughout that time. • The region reached its highest unemployment rate over the ten year period, 10.8 percent, in 2009 and has since declined at a rate similar to the state and U.S. • The lowest unemployment rate over the ten year period, 5.3 percent, occurred in 2007. Page 8 of 14 Section 3: Regional Competitive Industries Location Quotient Analysis • Two industry groups – Agriculture, food, and beverage manufacturing and forestry and wood product manufacturing – have the highest location quotients in the region. • Average wages in agriculture, food, and beverage are lower than the region average, while average wages in forestry and wood products are higher than the region average. • Nonscheduled air transportation, medical equipment and supplies manufacturing, and architectural and structural metals manufacturing are additional traded sector industries with high location quotients in the region that pay higher than average wages. Table 5: Industries with Highest Location Quotients Private Sector, 2012, U.S. Base Area, Industries with Employment Greater than 100, Industries with Average Wage above Region Average Shaded NAICS 1153 1119 1114 3114 1133 8131 1151 3121 4812 1113 3212 3211 3219 3391 1121 7212 6233 6243 6232 3255 4249 3323 3119 4482 4452 2361 6212 4442 3118 EmployLocation Average Industry ment Total Pay Quotient Wage Support Act ivit ies for Forest ry 1,023 $26,170,041 58.39 $25,582 Ot her Crop Farming 1,754 $46,384,291 22.50 $26,445 Greenhouse, Nursery, and Floriculture Production 3,851 $102,123,748 21.62 $26,519 Fruit and Veget able Preserving and Specialt y Food Manufact 3,355 uring $106,168,731 15.89 $31,645 Logging 781 $59,299,775 12.93 $75,928 Religious Organizations 2,339 $45,368,195 10.35 $19,396 Support Act ivit ies for Crop Production 3,107 $51,373,249 8.22 $16,535 Beverage Manufact uring 1,368 $44,030,704 6.24 $32,186 Nonscheduled Air Transport at ion 293 $17,588,026 5.94 $60,027 Fruit and Tree Nut Farming 1,252 $27,778,520 5.32 $22,187 Veneer, Plywood, and Engineered Wood Product Manufact uring 326 $13,636,279 4.22 $41,829 Sawmills and Wood Preservat ion 415 $21,745,055 4.00 $52,398 Ot her Wood Product Manufact uring 877 $29,741,543 3.68 $33,913 Medical Equipment and Supplies Manufact uring 1,213 $70,287,831 3.19 $57,945 Cat tle Ranching and Farming 483 $14,913,853 2.76 $30,878 RV (Recreat ional Vehicle) Parks and Recreat ional Camps 188 $3,034,854 2.73 $16,143 Continuing Care Ret irement Communit ies and Assist ed Living 2,473 Facilit $50,289,916 ies for t he Elderly2.53 $20,336 Vocational Rehabilit at ion Services 867 $18,284,940 2.15 $21,090 Resident ial Int ellect ual and Development al Disability, Ment1,431 al Healt$30,909,199 h, and Subst ance2.00 Abuse Facilit $21,600 ies Paint, Coating, and Adhesive Manufacturing 134 $6,443,302 1.86 $48,084 Miscellaneous Nondurable Goods Merchant Wholesalers 737 $29,745,494 1.84 $40,360 Archit ect ural and St ructural Met als Manufact uring 728 $30,827,009 1.72 $42,345 Ot her Food Manufact uring 348 $13,885,666 1.62 $39,901 Shoe St ores 361 $7,369,955 1.55 $20,415 Specialt y Food St ores 406 $7,710,907 1.50 $18,992 Resident ial Building Const ruct ion 1,028 $30,948,842 1.45 $30,106 Offices of Dent ists 1,518 $69,104,840 1.44 $45,524 Lawn and Garden Equipment and Supplies St ores 246 $6,685,895 1.44 $27,178 Bakeries and Tort illa Manufact uring 499 $12,406,148 1.43 $24,862 Page 9 of 14 Source: Business Oregon; data from Bureau of Labor Statistics, Quarterly Census of Employment & Wages. Page 10 of 14 Shift-Share Analysis • Nonscheduled air transportation had the highest competitive advantage percent gains between 2002 and 2012. Industries in agriculture, food, and beverage manufacturing also experienced large percent and job gains in competitive advantage over the ten year period. • Manufacturing industries in miscellaneous, furniture, metals, and medical equipment and supplies experienced significant competitive advantage percent and job gains between 2002 and 2012 in the region. • Retirement and assisted living facilities and business support services experienced the largest competitive advantage job losses between 2002 and 2012 in the region. • Amongst competitive traded sector industries, industrial machinery manufacturing, fruit and tree nut farming, cattle ranching and farming, and warehousing and storage experienced the largest competitive advantage percent losses between 2002 and 2012 in the region. • Emerging traded sector industries (location quotient less than 1.0) with the highest competitive advantage percent and job gains between 2002 and 2012 were found in software, e-commerce stores, wholesale trade, professional, scientific, and technical services, management of companies and enterprises, and agriculture, construction, and mining machinery manufacturing. Table 6: Competitive Industries with Highest Competitive Advantage Percent Gains, 2002-2012 Shift-Share Analysis, Private Sector, U.S. Base Area, Industries with LQ Greater than 1.0 and Employment Greater than 100 NAICS 4812 4482 3121 3118 1151 4854 6244 6213 2373 3399 4431 4452 6243 3371 3323 2361 2381 1119 2383 3391 7224 3114 Employment Location Competitive Competitive Industry 2012 Quotient Share Percent Share Jobs Nonscheduled Air Transportation 293 5.94 2162.2% 281 Shoe Stores 361 1.55 163.9% 221 Beverage Manufacturing 1,368 6.24 122.5% 746 Bakeries and Tortilla Manufact uring 499 1.43 112.1% 269 Support Act ivities for Crop Production 3,107 8.22 88.4% 1,353 School and Employee Bus Transport at ion 254 1.13 69.7% 95 Child Day Care Services 1,045 1.07 65.7% 389 Offices of Other Healt h Practit ioners 1,182 1.32 65.6% 360 Highway, St reet, and Bridge Const ruction 487 1.37 60.8% 204 Ot her Miscellaneous Manufact uring 417 1.25 54.8% 181 Elect ronics and Appliance Stores 691 1.10 47.9% 230 Specialt y Food St ores 406 1.50 47.4% 146 Vocational Rehabilitation Services 867 2.15 44.1% 254 Household and Institutional Furnit ure and Kit chen Cabinet Manufact 343 uring 1.27 29.9% 121 Archit ectural and Struct ural Met als Manufacturing 728 1.72 28.6% 181 Residential Building Construct ion 1,028 1.45 23.8% 256 Foundation, St ructure, and Building Exterior Cont ractors 1,041 1.24 23.6% 251 Ot her Crop Farming 1,754 22.50 22.5% 448 Building Finishing Contract ors 1,097 1.41 20.9% 246 Medical Equipment and Supplies Manufacturing 1,213 3.19 14.6% 154 Drinking Places (Alcoholic Beverages) 598 1.37 11.6% 68 Fruit and Veget able Preserving and Specialt y Food Manufacturing 3,355 15.89 9.5% 322 Source: Business Oregon; data from Bureau of Labor Statistics, Quarterly Census of Employment & Wages. Page 11 of 14 Table 7: Competitive Industries with Highest Competitive Advantage Percent Losses, 2002-2012 Shift-Share Analysis, Private Sector, U.S. Base Area, Industries with LQ Greater than 1.0 and Employment Greater than 100 NAICS 5621 4533 6233 4412 5614 6111 4884 6212 3332 6214 1113 4442 1121 4413 7223 4931 Employment Location Competitive Competitive Industry 2012 Quotient Share Percent Share Jobs Wast e Collect ion 189 1.03 -81.2% -243 Used Merchandise Stores 210 1.17 -38.7% -85 Continuing Care Ret irement Communit ies and Assisted Living Facilities 2,473 for t 2.53 he Elderly -33.9% -726 Ot her Mot or Vehicle Dealers 191 1.18 -32.0% -102 Business Support Services 1,220 1.20 -31.4% -496 Element ary and Secondary Schools 942 1.06 -30.3% -275 Support Act ivities for Road Transportation 143 1.35 -29.5% -46 Offices of Dentist s 1,518 1.44 -25.8% -428 Industrial Machinery Manufact uring 168 1.30 -25.8% -80 Outpat ient Care Cent ers 1,030 1.29 -23.9% -184 Fruit and Tree Nut Farming 1,252 5.32 -21.9% -279 Lawn and Garden Equipment and Supplies Stores 246 1.44 -17.9% -60 Catt le Ranching and Farming 483 2.76 -14.3% -62 Aut omot ive Part s, Accessories, and Tire St ores 747 1.18 -13.3% -108 Special Food Services 922 1.29 -11.7% -106 Warehousing and St orage 981 1.17 -11.2% -91 Source: Business Oregon; data from Bureau of Labor Statistics, Quarterly Census of Employment & Wages. Table 8: Emerging Industries with Highest Competitive Advantage Percent Gains, 2002-2012 Shift-Share Analysis, Private Sector, U.S. Base Area, Industries with LQ Less than 1.0 and Employment Greater than 100 NAICS 6242 5112 8141 4541 4453 4244 4239 5416 3331 8133 5511 5221 5417 4461 6219 5619 3344 4236 4234 6116 4841 6215 Employment Location Competitive Competitive Industry 2012 Quotient Share Percent Share Jobs Communit y Food and Housing, and Emergency and Ot her Relief Services 176 0.99 538.2% 145 Soft ware Publishers 157 0.45 227.6% 105 Private Households 835 0.93 198.7% 463 Elect ronic Shopping and Mail-Order Houses 185 0.54 142.6% 98 Beer, Wine, and Liquor Stores 143 0.81 133.4% 81 Grocery and Relat ed Product Merchant Wholesalers 813 0.91 130.5% 448 Miscellaneous Durable Goods Merchant Wholesalers 268 0.72 76.3% 108 Management, Scient ific, and Technical Consult ing Services 522 0.37 75.3% 172 Agriculture, Construct ion, and Mining Machinery Manufact uring 274 0.90 58.3% 87 Social Advocacy Organizations 225 0.93 56.2% 70 Management of Companies and Ent erprises 1,290 0.52 49.8% 383 Deposit ory Credit Int ermediation 2,027 0.94 47.6% 651 Scient ific Research and Development Services 253 0.32 47.2% 72 Healt h and Personal Care St ores 901 0.73 41.2% 250 Ot her Ambulat ory Health Care Services 225 0.69 39.8% 49 Ot her Support Services 297 0.83 39.3% 83 Semiconduct or and Other Elect ronic Component Manufacturing269 0.57 37.6% 91 Household Appliances and Elect rical and Electronic Goods Merchant 105 Wholesalers 0.27 35.3% 30 Professional and Commercial Equipment and Supplies Merchant Wholesalers 131 0.17 33.8% 35 Ot her Schools and Instruction 281 0.67 33.0% 47 General Freight Trucking 1,012 0.89 31.1% 245 Medical and Diagnost ic Laborat ories 164 0.56 30.6% 30 Source: Business Oregon; data from Bureau of Labor Statistics, Quarterly Census of Employment & Wages. Page 12 of 14 Employment Projections by Industry • Total regional employment is projected to grow by 25,500 jobs between 2012 and 2022, a 14 percent increase, which is slightly less than projected statewide growth of 15 percent. • Construction, administrative and support services, and health care are projected to experience the greatest percent increases in employment between 2012 and 2022 in the region. • Manufacturing employment in the region is projected to increase 13 percent between 2012 and 2022, 2 percentage points higher than the statewide projection. • Health care, manufacturing, and construction are projected to experience the greatest absolute increases in jobs of all industries in the region between 2012 and 2022. • Only one industry – federal government – is expected to experience a decrease in employment between 2012 and 2022. Page 13 of 14 Table 9: Regional Industry Employment Forecast, 2012-2022 Marion, Polk, and Yamhill Counties 2012 2022 Change % Change Total payroll employment 183,200 208,700 25,500 14% Tot al private 139,400 161,400 22,000 16% Nat ural resources and mining 14,700 16,800 2,100 14% Mining and logging 1,300 1,500 200 15% Const ruct ion 7,300 9,500 2,200 30% Manufact uring 17,500 19,800 2,300 13% Durable goods 8,600 9,800 1,200 14% Wood product manufact uring 1,700 2,000 300 18% Nondurable goods 8,900 10,000 1,100 12% Food manufact uring 5,300 5,800 500 9% Trade, t ransportat ion, and ut ilities 27,800 30,700 2,900 10% Wholesale t rade 4,000 4,400 400 10% Ret ail t rade 19,500 21,500 2,000 10% Transportat ion, warehousing, and ut ilities 4,300 4,800 500 12% Informat ion 1,200 1,200 0 0% Financial activities 8,100 9,200 1,100 14% Professional and business services 13,000 15,900 2,900 22% Administrative and support services 6,300 8,000 1,700 27% Privat e educat ional and healt h services 28,400 34,200 5,800 20% Healt h care and social assistance 23,000 28,100 5,100 22% Health care 19,700 24,200 4,500 23% Leisure and hospitality 15,300 17,400 2,100 14% Accommodat ion and food services 13,600 15,500 1,900 14% Accommodat ion 1,200 1,200 0 0% Ot her services 6,100 6,700 600 10% Government 43,800 47,300 3,500 8% Federal government 1,900 1,800 -100 -5% Stat e government 20,800 22,000 1,200 6% St ate education 1,600 1,800 200 13% Local government 21,100 23,500 2,400 11% Indian tribal 1,800 1,900 100 6% Local educat ion 11,900 13,400 1,500 13% Source: Oregon Employment Department Page 14 of 14
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