Columbus, GA-AL, 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 Columbus area, selected area counties, and the nation Average weekly wages for all industries by county Columbus area, 3rd quarter 2016 (U.S. = $1,027; Area = $790) Unemployment rates 4.7 United States 4.1 6.0 Columbus area 5.4 7.6 Chattahoochee Co., GA 7.4 4.5 Harris Co., GA 4.2 6.5 Muscogee Co., GA 5.9 5.0 Russell Co., AL 4.2 0.0 2.0 4.0 6.0 Apr-16 8.0 10.0 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 Percent Columbus area employment (numbers in thousands) 2.5 2.0 1.5 1.0 0.5 0.0 -0.5 -1.0 -1.5 -2.0 Apr-14 Columbus area Apr-15 United States 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 0.8 -0.1 0.2 0.4 -0.1 0.2 -0.3 0.2 0.4 0.0 -0.1 0.7 -2.3 2.0 2.1 -7.1 1.5 -2.3 1.2 2.8 0.0 -0.4 121.1 4.2 10.1 19.4 1.3 13.3 12.5 16.3 14.5 4.5 25.0 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 12.0 South region U.S. city average 10.0 10.1 Percent 6.0 4.0 9.3 8.0 2.0 6.0 0.0 4.0 2.0 0.0 12-month percent changes in PPI 2.0 2.2 -2.0 0.2 All Items 0.5 Food -4.0 Energy General freight trucking Hospitals Architectural, engineering and related services -6.0 Apr-14 Source: U.S. BLS, Consumer Price Index. Average annual spending and percent distribution for selected categories South Region average annual expenditures 2015 Apr-15 Healthcare $4,264 8.2% Personal insurance & pensions $5,608 10.8% Food $6,613 12.7% Transportation $9,598 18.5% Total: $52,020 Source: U.S. BLS, Consumer Expenditure Survey. Employer costs per hour worked for wages and selected employee benefits by geographic division Private industry, December 2016 Total compensation Wages and salaries Total benefits Paid leave Vacation Supplemental pay Insurance Retirement and savings Legally required benefits South Atlantic (1) $30.90 21.81 9.09 2.23 1.15 0.83 2.44 1.28 2.31 (1) South Atlantic includes DC, DE, FL, GA, MD, NC, SC, VA, and WV. Source: U.S. BLS, Employer Costs for Employee Compensation. Columbus area Total, all occupations Housing $16,518 31.8% United States $32.76 22.83 9.93 2.28 1.17 1.15 2.63 1.31 2.56 Apr-17 Average hourly wages for selected occupations Occupation All other $9,419 18.1% Apr-16 Source: U.S. BLS, Producer Price Index. United States $20.17 $23.86 Accountants and auditors 35.58 36.89 Registered nurses Maintenance and repair workers, general 28.46 34.70 15.90 18.92 Customer service representatives 14.08 16.91 Construction laborers 13.87 18.22 Office clerks, general Laborers and freight, stock, and material movers, hand 13.27 15.87 11.54 13.81 Retail salespersons 11.24 13.07 Cashiers 8.99 10.43 Cooks, fast food 8.94 9.89 Waiters and waitresses 8.92 11.73 Source: U.S. BLS, Occupational Employment Statistics, May 2016. Over-the-year changes in wages and salaries Percent 3.0 12-month percent changes in ECI 2.5 2.0 1.5 1.0 0.5 0.0 Mar-14 South Atlantic Mar-15 Source: U.S. BLS, Employment Cost Index. Southeast Information Office • [email protected] • https://www.bls.gov/regions/southeast • 404-893-4222 United States Mar-16 Mar-17
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