Michigan Economic Development Corporation
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1 Michigan Economic Development Corporation 300 N. Washington Square, Lower Level Lansing, Michigan Economy Overview MEDC Region 10 Detroit Metro Economic Modeling Specialists International 1
2 Report Info Dataset Version Class of Worker Categories Class of Worker QCEW Employees + Non-QCEW Employees + Self-Employed + Extended Proprietors Timeframe Dataset Category Region Name EMSI Complete MEDC Region 10 Detroit Metro Counties Macomb, MI (26099) Oakland, MI (26125) Wayne, MI (26163) MEDC Region 10 Detroit Metro Population (2013) 3,812,075 Jobs (2013) 2,166,243 Average Earnings (2013) $55,854 Unemployed (5/2013) 163,360 Completions (2012) 42,645 GRP (2012) $188,455,551,538 Exports (2012) $215,898,258,936 Imports (2012) $186,683,597,010 Economic Modeling Specialists International 2
3 MEDC Region 10 Detroit Metro Population 3,812, % 2013 Population Population Growth for the Last 5 Years 38.8% of State State Growth -1.3% Age Group 2013 Population % of Population Under 5 years 226, % 5 to 9 years 238, % 10 to 14 years 257, % 15 to 19 years 259, % 20 to 24 years 242, % 25 to 29 years 235, % 30 to 34 years 230, % 35 to 39 years 231, % 40 to 44 years 257, % 45 to 49 years 277, % 50 to 54 years 295, % 55 to 59 years 276, % 60 to 64 years 242, % 65 to 69 years 176, % 70 to 74 years 120, % 75 to 79 years 88, % 80 to 84 years 75, % 85 years and over 79, % Economic Modeling Specialists International 3
4 MEDC Region 10 Detroit Metro Jobs by Industry 2,166, % 48.5% Total Jobs (2013) Male Female (National: 52.2%) (National: 47.8%) NAICS Industry 2013 Jobs 11 Agriculture, Forestry, Fishing and Hunting 3, Mining, Quarrying, and Oil and Gas Extraction 4, Utilities 4, Construction 77, Manufacturing 214, Wholesale Trade 80, Retail Trade 207, Transportation and Warehousing 65, Information 30, Finance and Insurance 105, Real Estate and Rental and Leasing 99, Professional, Scientific, and Technical Services 217, Management of Companies and Enterprises 39, Administrative and Support and Waste Management and Remediation Services 165, Educational Services (Private) 40, Health Care and Social Assistance 296, Arts, Entertainment, and Recreation 37, Accommodation and Food Services 152, Other Services (except Public Administration) 141, Government 178, Unclassified Industry 2,386 Economic Modeling Specialists International 4
5 MEDC Region 10 Detroit Metro Average Earnings by Industry $55,854 $70,178 $40,655 Avg. Earnings (2013) Male Avg. Earnings (2013) Female Avg. Earnings (2013) 108% of Nation Avg. 113% of Nation Avg. 102% of Nation Avg. NAICS Industry Avg. Earnings (2013) 11 Agriculture, Forestry, Fishing and Hunting $25, Mining, Quarrying, and Oil and Gas Extraction $36, Utilities $139, Construction $53, Manufacturing $90, Wholesale Trade $84, Retail Trade $32, Transportation and Warehousing $57, Information $70, Finance and Insurance $74, Real Estate and Rental and Leasing $29, Professional, Scientific, and Technical Services $79, Management of Companies and Enterprises $140, Administrative and Support and Waste Management and Remediation Services $36, Educational Services (Private) $31, Health Care and Social Assistance $53, Arts, Entertainment, and Recreation $32, Accommodation and Food Services $19, Other Services (except Public Administration) $23, Government $70, Unclassified Industry $42,850 Economic Modeling Specialists International 5
6 MEDC Region 10 Detroit Metro Unemployment by Industry 163,360 Total Unemployment (5/2013) NAICS Industry Unemployed (5/2013) % of Unemployed Agriculture, Forestry, Fishing and Hunting Mining, Quarrying, and Oil and Gas Extraction 96 0% 80 0% 22 Utilities 189 0% 23 Construction 12,175 7% 31 Manufacturing 19,883 12% 42 Wholesale Trade 3,742 2% 44 Retail Trade 15,448 9% 48 Transportation and Warehousing 4,323 3% 51 Information 1,428 1% 52 Finance and Insurance 4,178 3% Real Estate and Rental and Leasing Professional, Scientific, and Technical Services Management of Companies and Enterprises Administrative and Support and Waste Management and Remediation Services 2,519 2% 11,794 7% 1,177 1% 13,832 8% 61 Educational Services (Private) 2,127 1% 62 Health Care and Social Assistance 15,499 9% 71 Arts, Entertainment, and Recreation 2,192 1% 72 Accommodation and Food Services 13,384 8% 81 Other Services (except Public Administration) 5,881 4% 90 Government 6,884 4% 99 No Previous Work Experience/Unspecified 26,527 16% Economic Modeling Specialists International 6
7 MEDC Region 10 Detroit Metro Top Program Completions CIP Program Completions (2012) Health professions and related programs Business, management, marketing, and related support services Liberal arts and sciences, general studies and humanities 11,348 5,485 4, Education 3, Personal and culinary services 1, Computer and information sciences and support services Engineering technologies and engineering-related fields Mechanic and repair technologies/technicians 1,563 1,552 1, Visual and performing arts 1, Homeland security, law enforcement, firefighting and related protective services 1,331 Economic Modeling Specialists International 7
8 MEDC Region 10 Detroit Metro Gross Regional Product (GRP) $123,283,151,602 $50,349,506,457 $14,822,893,479 $188,455,551,538 Earnings (2012) Property Income (2012) Taxes on Production (2012) Total GRP (2012) NAICS Industry GRP (2012) % of Total Agriculture, Forestry, Fishing and Hunting Mining, Quarrying, and Oil and Gas Extraction $113,955,794 0% $461,444,908 0% 22 Utilities $3,041,795,141 2% 23 Construction $4,750,070,030 3% 31 Manufacturing $28,369,927,754 15% 42 Wholesale Trade $13,727,275,298 7% 44 Retail Trade $10,950,467,911 6% 48 Transportation and Warehousing $5,565,726,659 3% 51 Information $5,101,416,643 3% 52 Finance and Insurance $14,275,278,891 8% Real Estate and Rental and Leasing Professional, Scientific, and Technical Services Management of Companies and Enterprises Administrative and Support and Waste Management and Remediation Services $12,580,224,266 7% $21,266,045,388 11% $6,756,718,108 4% $7,696,797,054 4% 61 Educational Services (Private) $1,476,020,884 1% 62 Health Care and Social Assistance $17,142,412,174 9% 71 Arts, Entertainment, and Recreation $1,857,210,078 1% 72 Accommodation and Food Services $4,790,975,516 3% 81 Other Services (except Public Administration) $3,758,335,647 2% 90 Government $14,211,283,340 8% 99 Other non-industries $10,562,170,054 6% Economic Modeling Specialists International 8
9 MEDC Region 10 Detroit Metro Region Exports $215,898,258, Exports (2012) 53% of Supply NAICS Industry Exports (2012) 11 Agriculture, Forestry, Fishing and Hunting $199,581, Mining, Quarrying, and Oil and Gas Extraction $567,236, Utilities $1,491,675, Construction $2,705,531, Manufacturing $100,364,585, Wholesale Trade $11,682,624, Retail Trade $3,895,918, Transportation and Warehousing $5,447,835, Information $2,654,001, Finance and Insurance $7,476,388, Real Estate and Rental and Leasing $5,256,192, Professional, Scientific, and Technical Services $15,837,764, Management of Companies and Enterprises $5,753,679, Administrative and Support and Waste Management and Remediation Services $4,404,663, Educational Services (Private) $551,276, Health Care and Social Assistance $8,498,226, Arts, Entertainment, and Recreation $1,197,578, Accommodation and Food Services $1,937,503, Other Services (except Public Administration) $1,593,753, Government $34,382,245,955 Economic Modeling Specialists International 9
10 MEDC Region 10 Detroit Metro Region Imports $186,683,597,010 $194,531,463,085 Imports (2012) Locally Produced & Consumed (2012) 49% of Demand 51% of Demand NAICS Industry Imports (2012) 11 Agriculture, Forestry, Fishing and Hunting $1,626,273, Mining, Quarrying, and Oil and Gas Extraction $5,703,643, Utilities $2,442,051, Construction $2,758,568, Manufacturing $55,793,785, Wholesale Trade $8,386,200, Retail Trade $4,503,462, Transportation and Warehousing $4,314,021, Information $6,039,389, Finance and Insurance $10,427,276, Real Estate and Rental and Leasing $5,136,865, Professional, Scientific, and Technical Services $3,859,697, Management of Companies and Enterprises $2,340,048, Administrative and Support and Waste Management and Remediation Services $1,972,441, Educational Services (Private) $1,632,339, Health Care and Social Assistance $3,451,204, Arts, Entertainment, and Recreation $1,248,835, Accommodation and Food Services $3,277,477, Other Services (except Public Administration) $1,881,153, Government $59,888,859,999 Economic Modeling Specialists International 10
11 Regional Trends Region 2012 Jobs 2013 Jobs % Change MEDC Region 10 Detroit Metro 2,137,719 2,166, % Michigan 5,260,051 5,330, % Economic Modeling Specialists International 11
12 2013 Educational Attainment Economic Modeling Specialists International 12
13 Largest Openings/Completions Gaps Occupation Related Completions (2012) Annual Openings (2013) Securities, Commodities, and Financial Services Sales Agents ( ) Personal Financial Advisors ( ) 392 1,004 Mechanical Engineers ( ) Lawyers ( ) Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products ( ) Economic Modeling Specialists International 13
14 2013 Age Demographics Economic Modeling Specialists International 14
15 Growing/Declining Occupations Occupation Change in Jobs ( ) Hairdressers, Hairstylists, and Cosmetologists ( ) 1,659 Team Assemblers ( ) 1,346 Home Health Aides ( ) 1,142 Door-to-Door Sales Workers, News and Street Vendors, and Related Workers ( ) -198 Stock Clerks and Order Fillers ( ) -214 Waiters and Waitresses ( ) -489 Economic Modeling Specialists International 15
16 2013 Race Demographics Economic Modeling Specialists International 16
17 Growing/Declining Industries Industry Change in Jobs ( ) Automobile Manufacturing (336111) 2,239 Beauty Salons (812112) 1,928 Engineering Services (541330) 1,904 State Government, Excluding Education and Hospitals (902999) -899 Temporary Help Services (561320) -1,195 Professional Employer Organizations (561330) -1,712 Economic Modeling Specialists International 17
18 Data Sources and Calculations Input-Output Data The input-output model in this report is created using the national Input-Output matrix provided by the federal Bureau of Economic Analysis. This is combined with the national Total Gross Output, the regional Total Gross Output, the land area of the subject region, regional DIRT data and regional in/out commuter patterns in order to calculate regional requirements, imports and exports. After using matrix algebra to calculate the regional multiplier, the resulting matrix is multiplied by the sales vector and converted back to jobs or earnings. Specifically, this data comes from the U.S. Department of Commerce, Bureau of Economic Analysis, Industry Economic Accounts: Benchmark & Annual Input-Output (I-O) Accounts. Institution Data The institution data in this report is taken directly from the national IPEDS database published by the U.S. Department of Education's National Center for Education Statistics. Completers Data The completers data in this report is taken directly from the national IPEDS database published by the U.S. Department of Education's National Center for Education Statistics. Unemployment Data The unemployment data in this report comes from the Bureau of Labor Statistics' Local Area Unemployment Statistics and is updated every two months. State Data Sources This report uses state data from the following agencies: Michigan Department of Labor and Economic Growth, Bureau of Labor Market Information and Strategic Initiatives Educational Attainment Data EMSI's educational attainment numbers are based on Census 1990, Census 2000, the Current Population Survey, and EMSI's demographic data. By combining these sources, EMSI interpolates for missing years and projects data at the county level. Educational attainment data cover only the population aged 25 years or more and indicate the highest level achieved. Economic Modeling Specialists International 18
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