Dayton Area Economic Summary Updated June 28, 2017 This summary presents a sampling of economic information for the area; supplemental data are provided for regions and the nation. Subjects include unemployment, employment, wages, prices, spending, and benefits. All data are not seasonally adjusted and some may be subject to revision. Area definitions may differ by subject. For more area summaries and geographic definitions, see www.bls.gov/regions/economic-summaries.htm. Unemployment rates for the Dayton area, selected area counties, and the nation Average weekly wages for all industries by county Dayton area, 4th quarter 2016 (U.S. = $1,067; Area = $918) Unemployment rates 4.5 United States 4.1 4.1 Dayton area 4.3 3.8 Greene Co. 4.0 3.7 Miami Co. 3.9 4.3 Montgomery Co. 4.5 0.0 1.0 2.0 3.0 May-16 4.0 5.0 May-17 Source: U.S. BLS, Local Area Unemployment Statistics. Source: U.S. BLS, Quarterly Census of Employment and Wages. Over-the-year changes in employment on nonfarm payrolls and employment by major industry sector 12-month percent changes in employment Percent Dayton area employment (numbers in thousands) 3.0 2.5 2.0 1.5 1.0 0.5 0.0 May-14 Dayton area United States May-15 May-16 Source: U.S. BLS, Current Employment Statistics. May-17 Total nonfarm Mining, logging, and construction Manufacturing Trade, transportation, and utilities Information Financial activities Professional and business services Education and health services Leisure and hospitality Other services Government Change from May May 2017 2016 to May 2017 Number Percent 1.9 0.0 0.9 -0.3 -0.3 0.5 1.6 -0.6 0.6 0.1 -0.6 0.5 0.0 2.2 -0.5 -3.5 2.8 3.1 -0.8 1.5 0.7 -1.0 387.5 12.6 41.7 64.8 8.2 18.4 52.6 72.6 40.3 14.2 62.1 Source: U.S. BLS, Current Employment Statistics. • www.bls.gov/ro6 Over-the-year changes in the selling prices received by producers for selected industries nationwide Over-the-year change in the prices paid by urban consumers for selected categories 12-month percent change in CPI-U, May 2017 6.0 5.4 Midwest region U.S. city average 2.0 2.0 1.0 0.0 1.9 -1.0 1.4 0.9 -2.0 0.4 0.0 General freight trucking Hospitals Machinery manufacturing 3.0 4.1 4.0 12-month percent changes in PPI Percent 4.0 All Items Food -3.0 Energy -4.0 May-14 Source: U.S. BLS, Consumer Price Index. Average annual spending and percent distribution for selected categories Midwest Region average annual expenditures 2015 May-15 Healthcare $4,616 8.4% Personal insurance & pensions $6,260 11.4% Food $7,090 12.9% Transportation $9,597 17.4% Total: $55,071 Employer costs per hour worked for wages and selected employee benefits by geographic division Total compensation Wages and salaries Total benefits Paid leave Vacation Supplemental pay Insurance Retirement and savings Legally required benefits United States $22.73 $23.86 Software developers, applications 44.37 50.14 Accountants and auditors 35.58 36.89 Registered nurses 31.07 34.70 Machinists 22.75 20.78 Construction laborers 18.76 18.22 Customer service representatives 16.72 16.91 Medical secretaries 15.13 16.85 Security guards 13.70 14.29 Retail salespersons 11.89 13.07 Telemarketers 11.79 13.06 Cooks, fast food 9.95 9.89 Cashiers 9.92 10.43 Source: U.S. BLS, Occupational Employment Statistics, May 2016. Source: U.S. BLS, Consumer Expenditure Survey. Private industry, March 2017 Dayton area Total, all occupations Housing $17,370 31.5% May-17 Average hourly wages for selected occupations Occupation All other $10,138 18.4% May-16 Source: U.S. BLS, Producer Price Index. East North Central (1) $30.80 21.39 9.41 2.12 1.16 0.88 2.75 1.22 2.44 (1) East North Central includes IL, IN, MI, OH, and WI. Source: U.S. BLS, Employer Costs for Employee Compensation. United States $33.11 23.06 10.06 2.30 1.18 1.17 2.65 1.34 2.60 Over-the-year changes in wages and salaries Percent 3.5 12-month percent changes in ECI 3.0 2.5 2.0 1.5 1.0 0.5 0.0 Mar-14 East North Central Mar-15 Source: U.S. BLS, Employment Cost Index. Midwest Information Office • [email protected] • https://www.bls.gov/regions/midwest/ • 312-353-1880 United States Mar-16 Mar-17
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