Manufacturing Growth Strategy Study for the City of Philadelphia

Size: px
Start display at page:

Download "Manufacturing Growth Strategy Study for the City of Philadelphia"

Transcription

1 Manufacturing Growth Strategy Study for the City of Philadelphia Public and Private Partnerships Presented to the AUBER Conference Orlando, FL Presented by Phil Hopkins, Senior Consultant, Economics and Country Risk October 13, 2015

2 Project Context Philadelphia has been a manufacturing center for > 250 years Specialized in complex, high value-added goods requiring skilled workers, specialization, flexibility, high quality and craftsmanship Multi-modal transportation In manufacturing was 45% of private sector jobs in City. Now 4.2% in City, 7.5% in GPR Current Advantages: Crude oil, natural gas and NGLs from unconventional energy resources; R&D assets, competitive energy costs; infrastructure; innovation resources, higher education, multi-modal transportation, relative cost advantage in NE US Mayor appointed a 33- member Task Force and 53-member advisory committee Objective: an assessment and comparative benchmark of the region s competitive advantages and disadvantages for manufacturing 2

3 Greater Philadelphia Region 3

4 Manufacturing is not a declining sector US Employment in Manufacturing versus GDP in Manufacturing 18.0% $2, % $1,800.0 Mfg. Employment as % Popualation 20 years and Older 14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% $1,600.0 $1,400.0 $1,200.0 $1,000.0 $800.0 $600.0 $400.0 $200.0 $0.0 Manufacturing GDP (billions of current $) Mfg. Employ. As % of Pop. 20 yrs and above Manufacturing GDP (billions of current $) 4

5 Fewer Workers Needed in Mfg. US manufacturing productivity $450 Thousand 2009$ /Employee $400 $350 $300 $250 $200 Source: IHS 2015 IHS 5

6 Three Tasks Task One: Define and characterize the mfg. sector City compared to suburbs 4-digit NAICS level Shift-share and cluster analyses Task Two: Perform foundational analyses Human Capital Innovation Fiscal and Regulatory Context Transportation Energy Task Three: Develop strategies What can be implemented at the regional and local levels Look at national best practices Collaborative exercise Mayor s advisory group, steering committee, City, IHS and other members of consulting team 6

7 Energy Intensity by Durable and Non-durable Sector Energy Intensity: Units used per $ billion of output in 2010 Total Electricity Natural Gas (trillion Btu) Rank (million kwh) Rank (billion cu ft) Rank 311 Food Beverage and Tobacco Textile Mills Textile Product Mills Apparel Leather Wood Products Paper Printing and Related Support Petroleum and Coal Chemicals Plastics and Rubber Nonmetallic Mineral Primary Metals Fabricated Metal Machinery Computer and Electronics Electrical Equip., Appliances Transportation Equipment Furniture and Related Miscellaneous Non-durables Durables Total

8 Strategy Types from US Literature Review Physical transformation of land and zoning, brownfields Identify and support regional clusters Encourage and support innovation R&D tax credits, partnership between universities and businesses, incubators Workforce training and development Economic incentives financing and tax reductions Facilitate the movement of goods, promote export sectors Efficient, transparent and productive government regulations Reduce manufacturers energy costs 8

9 Results of Cluster Analysis City Clusters Pharmaceuticals and chemicals Food & Beverage Trans. Equip. Machinery and metals Non-metallic minerals Natural resources products Petroleum Refining Electronics Metalworks 9 Suburban Clusters Pharmaceuticals & Chemicals Machinery & Trans. Equip. Food & Beverage Electronic Equip. Printing & Furniture Petroleum Minerals and Wood Metals Products Information Technology Textiles and Clothing Iron and Steel

10 Talent, Innovation and Access to Capital Strategies Priority Strategy #1: Expand technical training programs offered by the community colleges aligned to the needs of the manufacturing sector. Priority Strategy #2: Focus high school CTE programs on STEM subjects to support manufacturers. Priority Strategy #3: Expand linkages between university product design programs at area universities and manufacturers. Priority Strategy #4: Create new loan and/or equity funds targeted specifically at small to mid-size manufacturers investing in product development and administration. Priority Strategy #5: Expand access to flexible business loans for small equipment purchases and working capital in addition to the traditional economic development loans for building acquisition, renovations, and heavy machinery.. 10

11 Advocacy, Networks, Business Development and Energy Strategies Priority Strategy #6: Conduct an image campaign to educate students, parents, teachers, and guidance counselors about employment opportunities in manufacturing. Priority Strategy #7: Implement a focused business attraction campaign to publicize the City and Region s competitive advantages for manufacturing. Priority Strategy #8: Increase the supply of natural gas and natural gas liquids (NGLs) available to manufacturers in the City andd Region by increasing pipeline capacity.. Priority Strategy #9: Promote the use of energy efficient technology, distributed energy systems, and smart grid technology to improve the energy efficiency of manufacturing operations.. 11

12 Government and Regulation Strategies Priority Strategy #10: Decrease the tax burden on manufacturing companies and identify targeted incentives to decrease operating costs. Priority Strategy #11: Continue to preserve by-right zoning in industrial corridors. Priority Strategy #12: Enhance communications between government and manufacturers while providing services to the industry. 12

13 Final Thoughts Output and employment both matter when considering economic contribution of Mfg. Developing realistic, feasible policies requires in-depth local knowledge - and an outsiders perspective Public-private partnerships take many forms How can public institutions reinforce and guide market forces Supply efforts like education need to be market focused Encouraging niche, innovative sectors is fine but will they eventually scale? Who will they employ, how much will they contribute? Attract activities in addition to production R&D, final assembly, product development, HQ functions, support services Marcellus shale energy will benefit energy intensive sectors, especially those needing feed stock - petrochemicals 13

14 Importance of Public Institutions As the world becomes more and more loosely integrated, the feature that will increasingly differentiate one geographic area from another will the quality of public institutions. The most successful areas will be the ones with the most competent and effective mechanisms for supporting collective interests, especially in the production of new ideas. Paul Romer, 1994, Stanford.

FOURTH QUARTER 2014 DATA FROM THE QUARTERLY FINANCIAL REPORT: U.S. MANUFACTURING, MINING, WHOLESALE TRADE, AND SELECTED SERVICE INDUSTRIES

FOURTH QUARTER 2014 DATA FROM THE QUARTERLY FINANCIAL REPORT: U.S. MANUFACTURING, MINING, WHOLESALE TRADE, AND SELECTED SERVICE INDUSTRIES FOR RELEASE MONDAY, MARCH 23, 2015 AT 10 A.M. EDT CB15-48 U.S. Census Bureau Contact: Brandi Maxson or Rose Antonio (301) 763-6600 e-mail: csd.qfr@census.gov FOURTH QUARTER 2014 DATA FROM THE QUARTERLY

More information

DRAFT. All NAICS. 3-Digit NAICS BP C 3 P 76 X 0 BP C 0 P 0 X 2 OC C 29 P 44 X 35 OC C 0 P 0 X 2 MH C 96 MH C 8 P 37 X 62 P 1107 X 587

DRAFT. All NAICS. 3-Digit NAICS BP C 3 P 76 X 0 BP C 0 P 0 X 2 OC C 29 P 44 X 35 OC C 0 P 0 X 2 MH C 96 MH C 8 P 37 X 62 P 1107 X 587 All NAICS 3-Digit NAICS BP C 3 P 76 X 0 OC C 29 P 44 X 35 MH C 96 P 1107 X 587 BP C 0 P 0 X 2 OC C 0 P 0 X 2 MH C 8 P 37 X 62 ML C 66 P 958 X 772 ML C 4 P 34 X 69 A. Resource Uses. 11 Agriculture, Forestry,

More information

Afghanistan Statistical Yearbook 2011-12 126

Afghanistan Statistical Yearbook 2011-12 126 Afghanistan Statistical Yearbook 2011-12 126 Afghanistan Statistical Yearbook 2011-12 127 Afghanistan Statistical Yearbook 2011-12 128 Afghanistan Statistical Yearbook 2011-12 129 Million Afs Sector 1390

More information

21 - MINING. 42 0.87% 221 Utilities 42 0.87% 6,152 0.68 23 - CONSTRUCTION

21 - MINING. 42 0.87% 221 Utilities 42 0.87% 6,152 0.68 23 - CONSTRUCTION Total of State, Local Government and Private Sector 11 - AGRICULTURE, FORESTRY, FISHING & HUNTING 21 - MINING 4,824 71 1.47% 111 Crop Production 24 0.50% 2,754 0.87 112 Animal Production 35 0.73% 5,402

More information

Walking the Silk Road: Understanding Canada s Changing Trade Patterns

Walking the Silk Road: Understanding Canada s Changing Trade Patterns Walking the Silk Road: Understanding Canada s Changing Trade Patterns International Trade and Investment Centre May 16, 2012 Michael Burt Director, Industrial Economic Trends burt@conferenceboard.ca 200

More information

187,560. $3.1 Billion 7,479. Missouri Economic Research Brief E-Commerce Industries. Employment. Sales. Number of Firms

187,560. $3.1 Billion 7,479. Missouri Economic Research Brief E-Commerce Industries. Employment. Sales. Number of Firms Missouri Economic Research Brief E-Commerce Industries Missouri s E-Commerce Missouri s E-Commerce Sales Share by Industry Missouri s 2010 E-Commerce sales were estimated at $3.1 billion, constituting

More information

The annual variation rate of the IPRIX stands at 1.0%, five tenths lower than in April

The annual variation rate of the IPRIX stands at 1.0%, five tenths lower than in April 3 July 2015 Export and Import Price Indices of Industrial Products. Base 2010 May 2015. Provisional data The annual variation rate of the IPRIX stands at 1.0%, five tenths lower than in April The annual

More information

Promoting Careers in Maintenance

Promoting Careers in Maintenance Promoting Careers in Maintenance I m 18 years old and don t especially want to go to college. I m not sure what I want to study or what kind of a program or career to pursue. I ve got good grades. I suppose

More information

North Bay Industry Sector Rankings (By County) October 2015 Jim Cassio

North Bay Industry Sector Rankings (By County) October 2015 Jim Cassio North Bay Rankings (By County) October 2015 Jim Cassio North Bay Rankings (By County) Source: EMSI (Economic Modeling Specialists, Intl.) Contents Lake County... 3 Jobs... 3 Job Growth (Projected)...

More information

Industry Clusters in New York s Economy: A Statewide and Regional Analysis

Industry Clusters in New York s Economy: A Statewide and Regional Analysis Industry Clusters in New York s Economy: A Statewide and Regional Analysis December 2011 New York State Department of Labor Division of Research and Statistics Bureau of Labor Market Information Colleen

More information

Industry Clusters in New York s Economy: A Statewide and Regional Analysis

Industry Clusters in New York s Economy: A Statewide and Regional Analysis Industry Clusters in New York s Economy: A Statewide and Regional Analysis October 2012 New York State Department of Labor Division of Research and Statistics Bureau of Labor Market Information Peter M.

More information

A PROTOTYPE INDUSTRY-LEVEL PRODUCTION ACCOUNT FOR THE UNITED STATES, 1947-2010

A PROTOTYPE INDUSTRY-LEVEL PRODUCTION ACCOUNT FOR THE UNITED STATES, 1947-2010 A PROTOTYPE INDUSTRY-LEVEL PRODUCTION ACCOUNT FOR THE UNITED STATES, 1947-2010 by Dale W. Jorgenson Harvard University http://economics.harvard.edu/faculty/jorgenson/ WIOD Conference: Causes and Consequences

More information

Real Estate Development & Reuse

Real Estate Development & Reuse Real Estate Development & Reuse The Hamman Consulting Group, Inc. Location Advisory Site Selection Economic Development March 8, 2013 www.hammanconsulting.com The Hamman Consulting Group, Inc. Founded

More information

Business-Facts: 3 Digit NAICS Summary 2014

Business-Facts: 3 Digit NAICS Summary 2014 Business-Facts: 3 Digit Summary 4 County (see appendix for geographies), Agriculture, Forestry, Fishing and Hunting 64 4.6 Crop Production 8.8 Animal Production and Aquaculture. 3 Forestry and Logging

More information

VERMONT UNEMPLOYMENT INSURANCE WAGES, BENEFITS, CONTRIBUTIONS AND EMPLOYMENT BY INDUSTRY CALENDAR YEAR 2014

VERMONT UNEMPLOYMENT INSURANCE WAGES, BENEFITS, CONTRIBUTIONS AND EMPLOYMENT BY INDUSTRY CALENDAR YEAR 2014 WAGES, BENEFITS, CONTRIBUTIONS AND EMPLOYMENT BY INDUSTRY Vermont Department of Labor VERMONT UNEMPLOYMENT INSURANCE PROGRAM WAGES, BENEFITS, CONTRIBUTIONS AND EMPLOYMENT BY INDUSTRY Visit us at our web

More information

Business-Facts: 3 Digit NAICS Summary 2015

Business-Facts: 3 Digit NAICS Summary 2015 Business-Facts: Digit Summary 5 5 Demographics Radius : 9 CHAPEL ST, NEW HAVEN, CT 65-8,. -.5 Miles, Agriculture, Forestry, Fishing and Hunting Crop Production Animal Production and Aquaculture Forestry

More information

Supplier Diversity Program. Ensure a diversity of small businesses work with the Smithsonian to accomplish the Institution s mission.

Supplier Diversity Program. Ensure a diversity of small businesses work with the Smithsonian to accomplish the Institution s mission. SDP Goals Supplier Diversity Program Ensure a diversity of small businesses work with the Smithsonian to accomplish the Institution s mission. Accomplish success through each museum, research institute

More information

Economic Outlook and Forecasts: July 2011

Economic Outlook and Forecasts: July 2011 Economic Outlook and Forecasts: July 2011 18 June 2011 TURKISH ECONOMY COOLES DOWN Zümrüt İmamoğlu* ve Barış Soybilgen Executive Summary Betam revised its second quarter growth forecast according to new

More information

Employment Situation: Ohio and U.S. (Seasonally Adjusted) 25,000 20,000 15,000 10,000 5,000 -5, , ,000. In This Issue

Employment Situation: Ohio and U.S. (Seasonally Adjusted) 25,000 20,000 15,000 10,000 5,000 -5, , ,000. In This Issue Civilian Labor Force Ohio s unemployment rate was 4.8 percent in July 216, down from 5. in June and up from 4.7 percent one year ago. The U.S. unemployment rate was 4.9 percent, unchanged from June and

More information

The Changing Shape of UK Manufacturing

The Changing Shape of UK Manufacturing The Changing Shape of UK Manufacturing Author Name(s): Michael Hardie and Andrew Banks Abstract The contribution of the manufacturing industry to the UK economy has changed markedly over the last 60 years.

More information

GENERAL INFORMATION FORM -- AUTHORIZATION APPLICATION NAICS CODES GENERAL INFORMATION

GENERAL INFORMATION FORM -- AUTHORIZATION APPLICATION NAICS CODES GENERAL INFORMATION GIF CODES COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF ENVIRONMENTAL PROTECTION GENERAL INFORMATION FORM -- AUTHORIZATION APPLICATION NAICS CODES GENERAL INFORMATION The United States has a new industry

More information

1997 NAICS Agriculture, Forestry, Fishing and Hunting Mining Utilities

1997 NAICS Agriculture, Forestry, Fishing and Hunting Mining Utilities 11 1997 NAICS Adult Entertainment Business Agriculture, Forestry, Fishing and Hunting 111 Crop Production 1114 Greenhouse, Nursery & Floriculture Production L M H MHR CSC NC LNC OPD DD PUD Mixed A-1 L1

More information

Employment Change Due to Carbon Pricing, 2035 Policy Scenario Vs Baseline Industry Name North American Industrial Classification System # (NAICS)

Employment Change Due to Carbon Pricing, 2035 Policy Scenario Vs Baseline Industry Name North American Industrial Classification System # (NAICS) Employment Change Due to Carbon Pricing, 2035 Policy Scenario Vs Baseline Industry Name North American Industrial Classification System # (NAICS) 2035 (Net Jobs) Construction - 23 4774 1.21% Scientific

More information

Challenges and Opportunities for Small Businesses Engaged in Energy Development and Energy Intensive Manufacturing

Challenges and Opportunities for Small Businesses Engaged in Energy Development and Energy Intensive Manufacturing Statement of Toby Mack, EEIA President, Before the U.S Senate Committee on Small Business and Entrepreneurship July 14, 2015 Challenges and Opportunities for Small Businesses Engaged in Energy Development

More information

Total Employees 9,863 17,107 Total Establishments 448 1,751

Total Employees 9,863 17,107 Total Establishments 448 1,751 Business Comparison Geography: ZIP - 98498, ZIP - The total number of businesses in the demographic reports may be higher due to the roll-up of additional small business entities not otherwise contained

More information

Business Major Industries Summary

Business Major Industries Summary Business Major Industries Summary Geography: Youngstown The number of businesses in the Business/Households data includes more small business entities, therefore the count of businesses under that tab

More information

0.5 Miles: N ANN ARBOR ST & E MICHIGAN AVE SALINE, MI 48176. Total Employees 1,492 3,240 4,955 Total Establishments 184 403 595

0.5 Miles: N ANN ARBOR ST & E MICHIGAN AVE SALINE, MI 48176. Total Employees 1,492 3,240 4,955 Total Establishments 184 403 595 Business Comparison Geography: 0.5 Miles: N ANN ARBOR ST &, 1 Mile: N ANN ARBOR ST & E MICHIGAN AVE SALINE, MI, 2 Miles: N ANN ARBOR ST & The total number of businesses in the demographic reports may be

More information

Borrower Personal Information: (for each individual with 20% or greater ownership)

Borrower Personal Information: (for each individual with 20% or greater ownership) SBA 504 Lender Loan Reference Guide Required Business Information: ISCDC 504 Application- (Business Plan if available) Business Year-end Financials for 2 prior years (signed) Business Year-to-Date Financials

More information

A New Approach to Measuring the Energy Productivity of an Economy Chi-Yuan Liang

A New Approach to Measuring the Energy Productivity of an Economy Chi-Yuan Liang New pproach to Measuring the Energy Productivity of an Economy Chi-Yuan Liang Research Fellow The Institute of Economics, cademia Sinica Introduction Energy Productivity, which is defined as the ratio

More information

NEW YORK DBL BENEFITS FROM THE HARTFORD.

NEW YORK DBL BENEFITS FROM THE HARTFORD. GROUP BENEFITS Rate guide: Effective February 1, 2012 NEW YORK DBL BENEFITS FROM THE HARTFORD. More disability benefit choices for NY employers with 10 to 99 employees. THE HARTFORD EXPANDS NY DISABILITY

More information

The Economic Impacts of Reducing. Natural Gas and Electricity Use in Ontario

The Economic Impacts of Reducing. Natural Gas and Electricity Use in Ontario The Economic Impacts of Reducing Natural Gas and Electricity Use in Ontario Prepared for Blue Green Canada July 2013 Table of Contents Executive Summary... i Key Findings... i Introduction...1 Secondary

More information

Online Appendix: Tariffs and Firm Performance in Ethiopia

Online Appendix: Tariffs and Firm Performance in Ethiopia Online Appendix: Tariffs and Firm Performance in Ethiopia Arne Bigsten, Mulu Gebreeyesus and Måns Söderbom $ March 2015 Document description: This appendix contains additional material for the study Tariffs

More information

Business and Agricultural Loans

Business and Agricultural Loans Business and Agricultural Loans Business Loan Proposals Fund based business requirements. Non fund based business requirement. Classification of Loans based on Loan Pricing Sub-PLR (Prime Lending Rate)

More information

ABCDEFGHIJKLMNOPQRSTUVWXYZ ENERGY BALANCES

ABCDEFGHIJKLMNOPQRSTUVWXYZ ENERGY BALANCES abcdefghijklmnopqrstuvwxyz1234567890-=+_)(*&^%$#@!~ ABCDEFGHIJKLMNOPQRSTUVWXYZ ENERGY BALANCES 2012 Afghanistan production 31992...... 5619 15474.. 3161.. 56246 18635 Imports.. 5781.. 237042.. 1.. 11056..

More information

Unique and only research based on all sectors in Turkey

Unique and only research based on all sectors in Turkey Unique and only research based on all sectors in Turkey Working Capital Management Cash asset is one of the most ımportant principles on the balance sheet. A successful asset management may generate a

More information

North Carolina Export Trends, (in current dollars) $

North Carolina Export Trends, (in current dollars) $ 1 in Billions P. 1/6 North Carolina 2011 Annual Trade Report 1 North Carolina s international trade continues to be a key driver in sustaining the state s economy. In 2011, North Carolina merchandise exports

More information

Spanish industry produces 40.2 million tonnes of waste in 2009, 19.6% less than the previous year

Spanish industry produces 40.2 million tonnes of waste in 2009, 19.6% less than the previous year 26 October 2011 Waste Production Surveys Year 2009 Spanish industry produces 40.2 million tonnes of waste in 2009, 19.6% less than the previous year During the year 2009, the industrial sector in Spain

More information

The Global Chemical Industry: US, China and Global Status and Opportunities, 2015

The Global Chemical Industry: US, China and Global Status and Opportunities, 2015 The Global Chemical Industry: US, China and Global Status and Opportunities, 2015 August 28, 2005 American Chemical Society Martha Gilchrist Moore Moore Economics mmoore@mooreeconomics.com Opportunities

More information

Regional Competitive Industry Analysis

Regional Competitive Industry Analysis Regional Competitive Industry Analysis Crook, Deschutes, and Jefferson Counties May 2014 Jefferson Deschutes Crook Michael Meyers, Economist (503) 229-6179 Michael.Meyers@biz.state.or.us Global Strategies

More information

Cabo Verde. Terajoules. Primary biofuels / Waste

Cabo Verde. Terajoules. Primary biofuels / Waste Cabo Verde All Coal All biofuels / Waste Charcoal Electricity 2012 production...... 969.. 248 1217 1217 Imports.. 11460.... 1.. 11461 1 Exports................ International marine bunkers.. -2038........

More information

Appendix B Standard Industrial Classification of all Economic Activities

Appendix B Standard Industrial Classification of all Economic Activities Appendix B Standard Industrial Classification of all Economic Activities An institutional unit (an enterprise such as a company) may be engaged in different kinds of production activities in different

More information

Regional Competitive Industry Analysis

Regional Competitive Industry Analysis Regional Competitive Industry Analysis Clackamas, Multnomah, and Washington Counties May 2014 Washington Multnomah Clackamas Michael Meyers, Economist (503) 229-6179 Michael.Meyers@biz.state.or.us Global

More information

REMI Industries for v9 Models

REMI Industries for v9 Models 1 Forestry, fishing, related activities, and other 113-115 1 Forestry and logging; Fishing, hunting, and trapping 113, 114 1 Forestry; Fishing, hunting, and trapping 1131, 1132, 114 2 Logging 1133 2 Agriculture

More information

growing sources of employment in the country. In

growing sources of employment in the country. In SRI LANKA 8,000 7,000 6,000 5,000 Fig. 1: Employment by Major Economic Activity ('000s), 2002-2008 Agriculture, Hunting, Forestry, Mining and Wholesale and Retail Trade Hotels and Restaurants Agriculture,

More information

Map of Industry Classification Benchmark (ICB) to proposed GRI Business Activity Groups

Map of Industry Classification Benchmark (ICB) to proposed GRI Business Activity Groups Additional information about the project can be found at https://www.globalreporting.org/reporting/sector-guidance/topics-research/pages/default.aspx Map of Industry Classification Benchmark (ICB) to proposed

More information

No Environmentally Sensitive NAICS Codes. Environmentally Sensitive NAICS Codes. No Further Investigation 9

No Environmentally Sensitive NAICS Codes. Environmentally Sensitive NAICS Codes. No Further Investigation 9 KILBANE Environmental, Inc. 1. Compare identified NAICS codes to SBA environmentally sensitive codes (see attached). Treat units in multi-unit buildings as having no environmentally sensitive codes. 2.

More information

Do Jobs In Export Industries Still Pay More? And Why?

Do Jobs In Export Industries Still Pay More? And Why? Do Jobs In Export Industries Still Pay More? And Why? by David Riker Office of Competition and Economic Analysis July 2010 Manufacturing and Services Economics Briefs are produced by the Office of Competition

More information

Multiplying Jobs: How Manufacturing Contributes to Employment Growth in Chicago and the Nation. Elizabeth Scott and Howard Wial May 2013

Multiplying Jobs: How Manufacturing Contributes to Employment Growth in Chicago and the Nation. Elizabeth Scott and Howard Wial May 2013 Multiplying Jobs: How Manufacturing Contributes to Employment Growth in Chicago and the Nation Elizabeth Scott and Howard Wial May 2013 may 2013 Multiplying Jobs: How Manufacturing Contributes to Employment

More information

The Economic Impact of Crude Oil Pipeline Construction and Operation

The Economic Impact of Crude Oil Pipeline Construction and Operation IHS ECONOMICS The Economic Impact of Crude Oil Pipeline Construction and Operation Consulting Report ECR Private Report Brendan O Neil Director, Consulting Phil Hopkins Sr. Manager, Consulting Julie Gressley

More information

Industrial Roadmap for Connected Machines. Sal Spada Research Director ARC Advisory Group sspada@arcweb.com

Industrial Roadmap for Connected Machines. Sal Spada Research Director ARC Advisory Group sspada@arcweb.com Industrial Roadmap for Connected Machines Sal Spada Research Director ARC Advisory Group sspada@arcweb.com Industrial Internet of Things (IoT) Based upon enhanced connectivity of this stuff Connecting

More information

Industrial Companies Survey Year 2013

Industrial Companies Survey Year 2013 18 December 2014 Industrial Companies Survey Year 2013 Industrial turnover decreases 2.5% in the year 2013 and stands at 562,351 million euros Manufacture of motor vehicles registers the highest increase

More information

ENERGY EFFICIENCY INDICATORS and METRICS IN TURKEY

ENERGY EFFICIENCY INDICATORS and METRICS IN TURKEY ENERGY EFFICIENCY INDICATORS and METRICS IN TURKEY Erdal ÇALIKOĞLU Deputy General Director International Roundtable on Energy Efficiency Metrics and National Energy Efficiency Assessment in Developing

More information

Chinese Economy and Business Opportunities

Chinese Economy and Business Opportunities Chinese Economy and Business Opportunities Qinglei Dai Faculdade de Economia Universidade Nova de Lisboa Agenda Chinese economic growth: an overview International trade with China FDI in China China-Portugal

More information

World Manufacturing Production

World Manufacturing Production Quarterly Report World Manufacturing Production Statistics for Quarter IV, 2013 Statistics Unit www.unido.org/statistics Report on world manufacturing production, Quarter IV, 2013 UNIDO Statistics presents

More information

INVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM

INVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM INVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM Warsaw, February 2013 New Program Policy Orientation The year 2023 would be the centenary of Turkish Republic s establishment. Therefore we set up

More information

Industry Clusters in New York s Economy: A Statewide and Regional Analysis June 2014

Industry Clusters in New York s Economy: A Statewide and Regional Analysis June 2014 Industry Clusters in New York s Economy: A Statewide and Regional Analysis June 2014 New York State Department of Labor Division of Research and Statistics Bureau of Labor Market Information Peter M. Rivera,

More information

USA Major Business Sectors

USA Major Business Sectors USA Major Business Sectors Compiled by: Swiss Business Hub USA Washington D.C., May 2009 Overview and Trends The subprime crisis in the real estate business leading to the financial crisis resulted in

More information

department of financial services

department of financial services gwinnett county Economic Indicars june 4 v3, n department of financial services Leading Economic Index Rises as Initial Unemployment Claims Fall; Current Index Rises on Improving Hotel/Motel Tax Receipts

More information

Logistics Trends and Specific Industries that Will Drive Warehouse and Distribution Growth and Demand for Space

Logistics Trends and Specific Industries that Will Drive Warehouse and Distribution Growth and Demand for Space Logistics Trends and Specific Industries that Will Drive Warehouse and Distribution Growth and Demand for Space March 2010 L. Nicolas Ronderos Director, Urban Development Programs Regional Plan Association

More information

Overview of Capital Inputs for the BLS Multifactor Productivity Measures

Overview of Capital Inputs for the BLS Multifactor Productivity Measures Bureau of Labor Statistics Multifactor Productivity July 26, 2006 Overview of Capital Inputs for the BLS Multifactor Productivity Measures The Bureau of Labor Statistics (BLS) has published updated multifactor

More information

The Evolving External Orientation of Manufacturing: A Profile of Four Countries

The Evolving External Orientation of Manufacturing: A Profile of Four Countries The Evolving External Orientation of Manufacturing: A Profile of Four Countries José Campa and Linda S. Goldberg Changes in exchange rates, shifts in trade policy, and other international developments

More information

Business Finance: Will I Make a Profit?

Business Finance: Will I Make a Profit? By: Michael Brown Business Finance: Will I Make a Profit? FOCUS: Overview: Students analyze the financial information from two business plans to learn how revenues can be increased or costs decreased in

More information

INVESTING IN U.S. COMPETITIVENESS:

INVESTING IN U.S. COMPETITIVENESS: INVESTING IN U.S. COMPETITIVENESS: The Benefits of Enhancing the Research and Experimentation (R&E) Tax Credit Instead of tax loopholes that incentivize investment in overseas jobs, I m proposing a more

More information

Annual Industry Accounts

Annual Industry Accounts 38 Annual Industry Accounts May 2008 Annual Industry Accounts Advance Statistics on GDP by Industry for 2007 By Brian M. Lindberg and Justin M. Monaldo I N 2007, slowing economic growth was mainly accounted

More information

RIVERS EDGE REDEVELOPMENT ZONE

RIVERS EDGE REDEVELOPMENT ZONE RIVERS EDGE REDEVELOPMENT ZONE The Rivers Edge Redevelopment Zone (RERZ) was awarded by the Illinois Department of Commerce and Economic Opportunity to make various tax incentives and other benefits available

More information

Summary of Survey Methods

Summary of Survey Methods 2 Summary of Survey Methods 1. Objective of the survey This survey is conducted as part of the basic statistical surveys under the Statistics Act, in accordance with the Regulations on Surveys for the

More information

PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY S. No. Field Name Instructions II Number of business Enter the number of business undertaken by the company. II Main code Based on the number of business undertaken,

More information

LIST OF ECONOMIC ACTIVITIES

LIST OF ECONOMIC ACTIVITIES HUNGARIAN POPULATION CENSUS 2001 LIST OF ECONOMIC ACTIVITIES (CODING MANUAL) AGRICULTURE, HUNTING, FORESTRY 01 Agriculture, hunting 011 Growing of crops; market gardening; horticulture 012 Farming of animals

More information

BRAZIL. Sectoral Activities Department. Agriculture. Fig. 1: Employment by Major Economic Activity ('000s), Agriculture, Forestry, Fishing

BRAZIL. Sectoral Activities Department. Agriculture. Fig. 1: Employment by Major Economic Activity ('000s), Agriculture, Forestry, Fishing Q1-2000 Q3-2000 Q1-2001 Q3-2001 Q1-2002 Q3-2002 Q1-2003 Q3-2003 Q1-2004 Q3-2004 Q1-2005 Q3-2005 Q1-2006 Q3-2006 Q1-2007 Q3-2007 Q1-2008 Q3-2008 Q1-2009 Q3-2009 Q1-2010 BRAZIL 900,000 800,000 700,000 600,000

More information

We look forward to serving you!

We look forward to serving you! Dear Construction Customer: Enclosed you will find your DP&L Electric Construction Packet. This packet provides you with the information needed to obtain your new electric service or electric service change

More information

REVEALED COMPARATIVE ADVANTAGE IN MANUFACTURED PRODUCTS AND FOREIGN TRADE STRUCTURE OF ESTONIA

REVEALED COMPARATIVE ADVANTAGE IN MANUFACTURED PRODUCTS AND FOREIGN TRADE STRUCTURE OF ESTONIA REVEALED COMPARATIVE ADVANTAGE IN MANUFACTURED PRODUCTS AND FOREIGN TRADE STRUCTURE OF ESTONIA Ville Kaitila, ETLA Tallinn 28.5.2008 Research questions What (manufactured) products were important in Estonia

More information

Inteligencia-Economica-exportaciones-por-naics

Inteligencia-Economica-exportaciones-por-naics PrimaryNaics Main_Export_Dest 42 - Wholesale Trades 60 546 - Management, Scientific, and Technical Consulting Services 3-33 - 32 549 - Other Professional, Scientific, and Technical Services 4224 - Grocery

More information

Made in America Again... The New Economics of Global Manufacturing. January 16 th, 2013

Made in America Again... The New Economics of Global Manufacturing. January 16 th, 2013 Made in America Again... The New Economics of Global Manufacturing January 16 th, 213 Manufacturing contribution to overall GDP steadily declining Down to ~12% today vs. 28% in the early 195s Value-added

More information

Foreign Direct Investors Outlays to Acquire or Establish U.S. Businesses Rose in 2004

Foreign Direct Investors Outlays to Acquire or Establish U.S. Businesses Rose in 2004 EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, WEDNESDAY JUNE 1, 2005 Thomas Anderson: (202) 606-9879 BEA 05-23 Foreign Direct Investors Outlays to Acquire or Establish U.S. Businesses Rose in 2004 In 2004,

More information

Who Loses Under Power Plant Cap and Trade Programs?

Who Loses Under Power Plant Cap and Trade Programs? Who Loses Under Power Plant Cap and Trade Programs? Estimating the Impact of the NO x Budget Trading Program on Manufacturing Employment Mark Curtis Georgia State University August 2012 Curtis (GSU) Who

More information

What is the New Economy?

What is the New Economy? What is the New Economy? Tokyo June 29-30, 2007 By Dale W. Jorgenson, Mun Ho, Jon Samuels, and Kevin Stiroh Harvard University, Resources for the Future, Johns Hopkins University, and the Federal Reserve

More information

OXFORD ECONOMICS. How we work with clients

OXFORD ECONOMICS. How we work with clients OXFORD ECONOMICS How we work with clients June 2014 A complete decision-support service Scenario and modeling services Deep-dive Databanks On countries, industries, and cities Event-driven analysis Regularlyupdated

More information

education. In contrast, workers engaged in fishing worked an average of 61.7 hours per

education. In contrast, workers engaged in fishing worked an average of 61.7 hours per THAILAND 40,000 Fig. 1: Employment by Major Economic Activity ('000s), 2002-2008 Agriculture, Forestry, Agriculture, Forestry & 35,000 30,000 25,000 20,000 15,000 10,000 5,000 0 2002 2004 2006 2008 Mining

More information

from research. to market Manufacturing technologies for food and bioeconomy Giacomo Copani

from research. to market Manufacturing technologies for food and bioeconomy Giacomo Copani from research. to market Manufacturing technologies for food and bioeconomy Giacomo Copani 26 Maggio 2015 Expo Milano Bioeconomy between Food and Non-Food: the Italian Way Italian Manufacturing in Europe

More information

Trinidad and Tobago. Table 1: GDP Value Added by Industry (Million Dollars, Constant Prices) & % Share in Total Value Added

Trinidad and Tobago. Table 1: GDP Value Added by Industry (Million Dollars, Constant Prices) & % Share in Total Value Added TRINIDAD AND TOBAGO 600 Fig. 1: Employment by Major Economic Activity ('000s), 2000-2008 Agriculture, Hunting, Forestry and Fishing Community, Social & Personal 500 400 300 200 100 100,000 90,000 80,000

More information

Finnish foreign trade 2015 Figures and diagrams FINNISH CUSTOMS Statistics 1

Finnish foreign trade 2015 Figures and diagrams FINNISH CUSTOMS Statistics 1 Finnish foreign trade 215 Figures and diagrams 29.2.216 FINNISH CUSTOMS Statistics 1 IMPORTS, EXPORTS AND TRADE BALANCE 199-215 7 billion e 6 5 4 3 2 1-1 9 91 92 93 94 95 96 97 98 99 1 2 3 4 5 6 7 8 9

More information

Doing Business with Mexico 21 years after NAFTA

Doing Business with Mexico 21 years after NAFTA Doing Business with Mexico 21 years after NAFTA Alfonso Cornejo Lisa Wineland Sean McGrory Our Presenters Alfonso Cornejo, President, Hispanic Chamber Mr. Cornejo is the president of the Hispanic Chamber

More information

SECTOR SUB-SECTOR BRANCH SUB-BRANCH

SECTOR SUB-SECTOR BRANCH SUB-BRANCH 01000 Energy 01100 Energy 01110 Energy & 01000 01100 01110 01112 01000 01100 01120 Oil, Gas & Consumable Fuels 01000 01100 01120 01122 01111 Oil & Gas Drilling Oil & Gas & 01121 Integrated Oil & Gas Oil

More information

Jones. County. 2014 Rank. 2010 Census

Jones. County. 2014 Rank. 2010 Census County Updated: Nov 2015 Labor Force Activity - 2014 Employment Trends 2014 ANNUAL AVERAGES Labor Force Employed Unemployed Rate 13,620 12,745 875 6.4% Baldwin 18,366 16,730 1,636 8.9% 69,480 63,881 5,599

More information

THE SOCIOECONOMIC IMPLICATIONS OF RENEWABLE ENERGY AND LOW CARBON TRAJECTORIES IN SOUTH AFRICA

THE SOCIOECONOMIC IMPLICATIONS OF RENEWABLE ENERGY AND LOW CARBON TRAJECTORIES IN SOUTH AFRICA THE SOCIOECONOMIC IMPLICATIONS OF RENEWABLE ENERGY AND LOW CARBON TRAJECTORIES IN SOUTH AFRICA Tara Caetano and James Thurlow Green and Social Workshop 12-13 March 2014 Bonn, Germany Introduction Literature

More information

Copyright: SFSO Neuchâtel 2002 Reproduction with mention of source authorized (except for commercial purposes)

Copyright: SFSO Neuchâtel 2002 Reproduction with mention of source authorized (except for commercial purposes) NOGA General Classification of Economic Activities Structure Bern, 2002 Information: Editor: Obtainable from: Section: Original text: Translation: Cover : Layout: Esther Nagy, BFS Tel. ++41 32 713 66 72

More information

Market Value Information of Securities (General Account)

Market Value Information of Securities (General Account) Value Information of Securities (General Account) (1) Value of Securities 1) Net Valuation Gain/Loss of Trading Securities Japan Post Insurance does not hold securities for trading as of March 31, 2014

More information

Rhode Island 2010 Annual Employment and Wages by 4-Digit NAICS. NAICS Industry Number Average Total Average Code Title of Units Employment Wages Wage

Rhode Island 2010 Annual Employment and Wages by 4-Digit NAICS. NAICS Industry Number Average Total Average Code Title of Units Employment Wages Wage Total Private & Government 35,117 447,219 $19,968,730,966 $44,651 Total Private Only 34,403 387,005 $16,459,231,937 $42,530 AGRICULTURE 165 715 $17,815,199 $24,916 1111 Oilseed and grain farming 1 * *

More information

NAICS CHANGES IN CES PUBLISHING DETAIL CHANGES FROM SIC TO NAICS By: Joseph F. Winter, CES Supervisor

NAICS CHANGES IN CES PUBLISHING DETAIL CHANGES FROM SIC TO NAICS By: Joseph F. Winter, CES Supervisor NAICS CHANGES IN CES PUBLISHING DETAIL CHANGES FROM SIC TO NAICS By: Joseph F. Winter, CES Supervisor The change in the CES publishing structure from the SIC industry groupings to the NAICS is in effect

More information

MANUFACTURERS: Access to financing and specific needs. BDC ViewPoints study May 2013

MANUFACTURERS: Access to financing and specific needs. BDC ViewPoints study May 2013 MANUFACTURERS: Access to financing and specific needs BDC ViewPoints study May 2013 SURVEY HIGHLIGHTS: Manufacturers access to financing > Manufacturers who answered the survey seem to generally be in

More information

in America Manufacturing The Myth and the Reality of Michael J. Hicks, PhD Srikant Devaraj, MS, MBA, PMP June 2015 Ball State University

in America Manufacturing The Myth and the Reality of Michael J. Hicks, PhD Srikant Devaraj, MS, MBA, PMP June 2015 Ball State University The Myth and the Reality of Manufacturing in America Michael J. Hicks, PhD Director, Center for Business and Economic Research George and Frances Ball Distinguished Professor of Economics, Miller College

More information

World Manufacturing Production

World Manufacturing Production Quarterly Report World Manufacturing Production Statistics for Quarter III, 2013 Statistics Unit www.unido.org/statistics Report on world manufacturing production, Quarter III, 2013 UNIDO Statistics presents

More information

Chicago s Manufacturing Base:

Chicago s Manufacturing Base: CHICAGO S MANUFACTURING BASE: Chicago s Manufacturing Base: Chicago s manufacturing base is represented by companies that sell their goods outside of the region. By exporting, these manufacturers bring

More information

Natural Gas and LNG Fundamentals

Natural Gas and LNG Fundamentals Natural Gas and LNG Fundamentals ExxonMobil Gas & Power Marketing Taking on the world s toughest energy challenges. This presentation includes forward-looking statements. Actual future conditions (including

More information

Iowa s Innovation & Entrepreneurship Ecosystem

Iowa s Innovation & Entrepreneurship Ecosystem Iowa s Innovation & Entrepreneurship Ecosystem Anke Goebel, Director State of Iowa Europe Office, Frankfurt/Germany Iowa Economic Development Authority (IEDA) Symposium on Clusters and Regional Economic

More information

KOSGEB Entrepreneurship Supports. July 2011 Ayşegül ÇELİK KOSGEB

KOSGEB Entrepreneurship Supports. July 2011 Ayşegül ÇELİK KOSGEB KOSGEB Entrepreneurship Supports July 2011 Ayşegül ÇELİK KOSGEB KOSGEB Supports KOSGEB Supports Supports for SMEs Supports for Potential Entrepreneurs Start-up Training Start-up Capital Business Incubators

More information

Volume Title: Accounts Receivable Financing. Volume Author/Editor: Raymond J. Saulnier and Neil H. Jacoby

Volume Title: Accounts Receivable Financing. Volume Author/Editor: Raymond J. Saulnier and Neil H. Jacoby This PDF is a selection from an out-of-print volume from the National Bureau of Economic Research Volume Title: Accounts Receivable Financing Volume Author/Editor: Raymond J. Saulnier and Neil H. Jacoby

More information

WPI & CPI Inflation Indices Mirae Asset Knowledge Academy

WPI & CPI Inflation Indices Mirae Asset Knowledge Academy WPI & CPI Inflation Indices Mirae Asset Knowledge Academy In economics, Inflation means a rise in general level of prices of goods and services in an economy over a period of time. When the general price

More information

SURVEY OF NEW FOREIGN DIRECT INVESTMENT IN THE UNITED STATES FORM BE-13B

SURVEY OF NEW FOREIGN DIRECT INVESTMENT IN THE UNITED STATES FORM BE-13B FORM BE-B (REV. /04) OMB No. 0608-005: Approval Expires 0//07 MANDATORY CONFIDENTIAL* SURVEY OF NEW FOREIGN DIRECT INVESTMENT IN THE UNITED STATES FORM BE-B 005 (Report for Establishment of a New U.S.

More information

SURVEY OF NEW FOREIGN DIRECT INVESTMENT IN THE UNITED STATES FORM BE-13A

SURVEY OF NEW FOREIGN DIRECT INVESTMENT IN THE UNITED STATES FORM BE-13A FORM BE-A (REV. /0) OMB No. 0608-005: Approval Expires 0//07 MANDATORY CONFIDENTIAL* SURVEY OF NEW FOREIGN DIRECT INVESTMENT IN THE UNITED STATES FORM BE-A (Report for Acquisition of a U.S. Business Enterprise

More information