Barnstable Town, MA, Area Economic Summary Updated May 31, 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 Barnstable Town area, selected area cities, towns, and the nation Average weekly wages for all industries by county Barnstable Town area, 3rd quarter 2016 (U.S. = $1,027; Area = $856) Unemployment rates 4.7 United States 4.1 4.8 Barnstable Town area 4.7 4.7 Barnstable city 4.6 4.9 Falmouth town 4.9 4.9 Wareham town 4.6 5.3 Yarmouth town 0.0 5.2 2.0 4.0 Apr-16 6.0 Apr-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 Barnstable Town area employment (numbers in thousands) Percent 4.0 3.5 Barnstable Town area 3.0 United States 2.5 2.0 1.5 1.0 0.5 0.0 Apr-14 Apr-15 Apr-16 Source: U.S. BLS, Current Employment Statistics. Apr-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 Apr. Apr. 2017 2016 to Apr. 2017 Number Percent 2.4 0.5 0.1 0.4 0.0 0.1 0.1 0.1 0.8 0.0 0.3 2.4 8.2 3.1 2.0 0.0 2.7 1.1 0.5 5.0 0.0 1.9 102.8 6.6 3.3 20.9 1.4 3.8 9.3 19.9 16.8 4.6 16.2 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, April 2017 10.0 8.9 Northeast region U.S. city average 8.0 Percent 6.0 9.3 4.0 3.0 2.0 1.0 4.0 0.0 General freight trucking Hospitals Accommodation 5.0 6.0 2.0 12-month percent changes in PPI 1.9 0.0 2.2 0.8 All Items -1.0 0.5 -2.0 Food -3.0 Energy -4.0 Apr-14 Source: U.S. BLS, Consumer Price Index. Average annual spending and percent distribution for selected categories Northeast Region average annual expenditures 2015 Apr-15 Healthcare $4,328 7.3% Personal insurance & pensions $7,103 12.0% Food $6,882 11.7% Transportation $9,026 15.3% Total: $58,976 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 $23.66 $23.86 Registered nurses 40.02 34.70 Accountants and auditors 32.75 36.89 Carpenters 24.66 23.24 Construction laborers 22.24 18.22 Medical secretaries 19.80 16.85 Nursing assistants 15.42 13.29 Retail salespersons 14.45 13.07 Maids and housekeeping cleaners 13.49 11.46 Stock clerks and order fillers 13.44 12.82 Waiters and waitresses 13.17 11.73 Cooks, fast food 11.98 9.89 Cashiers 11.58 10.43 Source: U.S. BLS, Occupational Employment Statistics, May 2016. Source: U.S. BLS, Consumer Expenditure Survey. Private industry, December 2016 Barnstable Town area Total, all occupations Housing $20,817 35.3% Apr-17 Average hourly wages for selected occupations Occupation All other $10,820 18.3% Apr-16 Source: U.S. BLS, Producer Price Index. New England (1) $39.27 27.61 11.66 2.90 1.51 1.10 3.23 1.54 2.89 (1) New England includes CT, MA, ME, NH, RI, and VT. Source: U.S. BLS, Employer Costs for Employee Compensation. United States $32.76 22.83 9.93 2.28 1.17 1.15 2.63 1.31 2.56 Over-the-year changes in wages and salaries Percent 12.0 12-month percent changes in ECI 10.0 8.0 6.0 4.0 2.0 0.0 -2.0 Mar-14 New England Mar-15 United States Mar-16 Source: U.S. BLS, Employment Cost Index. New England Information Office • [email protected] • https://www.bls.gov/regions/new-england • 617-565-2327 Mar-17
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