Metro Economic Outlook: Las Vegas

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Metro Economic Outlook: Las Vegas"

Transcription

1 Metro Economic Outlook: Las Vegas Corporate gatherings are big business in Las Vegas, where millions of professionals flock each year for meetings and conventions. Tourism and related travel activity represent the heart of the metro region s economy. The Las Vegas area s gross domestic product of $93 billion ranks it 38 th in the nation, just ahead of the Virginia Beach, Va. region and just behind the Bridgeport, Conn. metro area, according to the Bureau of Economic Analysis. More than 41 million visitors came to Las Vegas in 2014, according to the Las Vegas Convention and Visitors Authority (LVCVA). Of that group, more than 5.1 million were convention delegates. The city hosted more than 22,000 conventions and meetings in 2014, resulting in an economic impact of $7.4 billion. LAS VEGAS METRO: VITAL STATS Total working age population: 1,255,484 out of a total population of 2,069,681 Number of households: 731,322 Mean travel time to work: 24.1 minutes Employed persons with health insurance coverage: 658,889 Self-employed employed workers: 41,094 Percentage of local residents with bachelor s degrees: 15.0 Percentage of local residents with w graduate or professional degrees: 7.7 Source: Bureau of Labor Statistics (October 2015) Las Vegas is also the top destination in North America for trade shows, according to the LVCVA. The city hosts 53 of the largest 250 shows, ahead of the two closest competitors, Chicago (29) and Orlando (24). Among the groups that hold their annual shows in Las Vegas each year are the National Association of Broadcasters and the International CES, an annual consumer technologies event hosted by the Consumer Electronics Association. Las Vegas has nearly 11 million square feet of convention and meeting space, including the 2.2 million-square-foot Las Vegas Convention Center, which was home to SHRM s 2015 Annual Conference & Exposition. With such a large tourism and convention presence, it is perhaps no surprise that the leisure and hospitality sector represents the biggest segment of the Las Vegas metro s private sector work force, with about 280,000 workers that belong to that industry. Source: Census Bureau (2014) Last updated on 12/7/2015 Unemployment and most CPI data updated monthly. Other data updated once annually as it becomes available.

2 Some of the area s other large employment sectors are professional and business services, and trade, transportation and utilities. However, much of the labor force s future growth in the Las Vegas area is connected to the construction sector. According to State of Nevada projections for Las Vegas s home of Clark County, the top three fastestgrowing occupations Source: Bureau of Labor Statistics (January 2015) from will be cement masons/concrete according to Census Bureau data. finishers, roofers, and cost estimators. Strong population growth in the past three decades has also given the labor market a steady supply of workers in the Las Vegas area. Clark County had fewer than 500,000 residents in 1980, but that number jumped to 770,280 in 1990, to 1,425,723 people in 2000 and now stands at roughly 2 million people, The local housing market which boomed in the early 2000s and had a commensurate crash during the Great Recession of has shown some improvements as of late, according to the Greater Las Vegas Association of Realtors. The median price of homes sold locally in March 2015 was $205,000, up 5.1 percent from a year ago. The median price for local condominiums and townhomes was $115,000 in March, an increase of 13.9 percent from March Elsewhere, Las Vegas officials are in the midst of creating a new citywide strategic plan that would address economic diversification and improvements in public safety, transportation and education. Source: Census Bureau (2014) 2

3 Employee Benefits Data Employers offering consumer-driven health plans Employers in the Las Vegas metro area are much more likely than the national average to offer consumerdriven health plans, by a margin of 20 percent. Employers offering domestic partner benefits % 6 They are also more likely to offer domestic partner benefits, by a 12 percent margin above the national average. Source: SHRM Health Care Benefits Database (2014) Retirement Employee 401(k) participation rate % 61% The rate of employee 401(k) participation in the Las Vegas metro area s workforce is just below the national average, by a margin of 1 percent. Source: SHRM Retirement & Welfare Benefits Database (2014) 3

4 Income and Turnover Data Overall turnover rate 17% 43% The turnover rate in the Las Vegas metro area s work force is considerably higher than the average nationally, by a margin of 26 percent. Source: SHRM Human Capital Database (2014) Median household income $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $53,657 $51,214 Median household income in the Las Vegas metro area is slightly lower than the national level, by more than $2,000 annually. $0 Source: Census Bureau (2014) $35,000 $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 $0 Per capita income $28,889 $25,326 Per capita income in the Las Vegas metro region is also lower than the national median, by more than $3,000. Source: Census Bureau (2014) 4

5 Top Management Salaries Data Median salaries, top management *Top legal executive *Chief information officer *Top HR executive *Chief financial officer *Chief executive officer $282,700 $305,400 $285,000 $264,300 $278,500 $265,200 $355,900 $344,400 $596,000 $618,400 Median salaries for top management level employees in the Las Vegas metro area vary when compared with national levels. *Pacific Southwest States sub-region median data $0 $200,000 $400,000 $600,000 $800,000 Source: Towers Watson Data Services 2014 Survey Report on Top Management Compensation Project lead: Joseph Coombs, Senior Analyst, Workforce Trends, SHRM Project contributors: Alexander Alonso, Ph.D., SHRM-SCP, VP of Research; Jennifer Schramm, M. Phil., SHRM-SCP, Manager, Workforce Trends External contributors: Las Vegas Convention and Visitors Authority; City of Las Vegas Copy editing: Katya Scanlan, copy editor This report is published by the Society for Human Resource Management (SHRM). All content is for informational purposes only and is not to be construed as a guaranteed outcome. SHRM cannot accept responsibility for any errors or omissions or any liability resulting from the use or misuse of any such information Society for Human Resource Management. All rights reserved. Printed in the United States of America. These materials and the data contained within them are copyrighted by SHRM, another copyright holder (where noted), or are government-owned. SHRM hereby grants permission for users to copy and use these materials and the data contained within them only if proper attribution is given to SHRM (or the noted copyright holder) as the source of the material. For more information, please contact: SHRM Research Department SHRM Human Capital Database 1800 Duke Street, Alexandria, VA 22314, USA Phone: (703) Fax: (703) SHRM Compensation Data Center Web: 5

Metro Economic Outlook: Miami

Metro Economic Outlook: Miami Metro Economic Outlook: Miami The Miami region is still feeling some lingering effects from the Great Recession, but job growth has improved and tourism continues to inject life into the local economy.

More information

Metro Economic Outlook: New York City

Metro Economic Outlook: New York City Metro Economic Outlook: New York City The New York City region s $1.4 trillion economy continues to generate jobs across several industries, due to its size and diversity. New programs have also been rolled

More information

Metro Economic Outlook: San Francisco

Metro Economic Outlook: San Francisco Metro Economic Outlook: San Francisco Health care and tourism are the big contributors to the San Francisco area s economy, and the city is also making a concerted effort to build a modern manufacturing

More information

Metro Economic Outlook: Seattle

Metro Economic Outlook: Seattle Metro Economic Outlook: Seattle A successful technology industry has brought prosperity to much of the Seattle region, but local officials are trying to branch out in order to further diversify the economy.

More information

Metro Economic Outlook: New York City

Metro Economic Outlook: New York City Metro Economic Outlook: New York City The New York City region s $1.5 trillion economy continues to generate jobs across several industries, due to its size and diversity. New programs have also been rolled

More information

Metro Economic Outlook: Boston

Metro Economic Outlook: Boston Metro Economic Outlook: Boston With more than 80 colleges and universities in the region, Boston has long had direct access to young talent. And local economic development officials are banking on a burgeoning

More information

Metro Economic Outlook: Chicago

Metro Economic Outlook: Chicago Metro Economic Outlook: Chicago The health care and technology industries, a resurgent manufacturing sector and a business-friendly environment for entrepreneurs are all providing strength to the Chicago

More information

Metro Economic Outlook: St. Louis

Metro Economic Outlook: St. Louis Metro Economic Outlook: St. Louis A series of large-scale, private-sector expansions in the St. Louis region are adding thousands of jobs to local payrolls, headlined by one of the world s biggest aircraft

More information

Metro Economic Outlook: Phoenix

Metro Economic Outlook: Phoenix Metro Economic Outlook: Phoenix Health care and high tech are driving economic growth in greater Phoenix at the moment, and the region s business leaders are also turning their attention to the next generation

More information

Metro Economic Outlook: Los Angeles

Metro Economic Outlook: Los Angeles Metro Economic Outlook: Los Angeles Like other major employment centers in the country, it has taken years for the Los Angeles area to gain back all the jobs it lost during the Great Recession. But that

More information

Metro Economic Outlook: San Diego

Metro Economic Outlook: San Diego Metro Economic Outlook: San Diego High tech, health care and military operations are the anchors for the San Diego region s economy, and the success of those industries has helped drive down the local

More information

Metro Economic Outlook: Atlanta

Metro Economic Outlook: Atlanta Metro Economic Outlook: Atlanta The Atlanta region has quickly built a reputation as a hub for the tech sector, and that industry is among the leaders for economic growth at the moment, along with biosciences

More information

Metro Economic Outlook: San Diego

Metro Economic Outlook: San Diego Metro Economic Outlook: San Diego Job opportunities have increased steadily in most major sectors of the San Diego region s economy, and that growth has quickly created tight conditions for employers that

More information

Metro Economic Outlook: Tampa

Metro Economic Outlook: Tampa Metro Economic Outlook: Tampa Job gains across a variety of industries and a signature redevelopment project have injected new life into the Tampa region s economy. 12 Unemployment rate The trajectory

More information

SUMMER 2016 HR Jobs Pulse Survey Report

SUMMER 2016 HR Jobs Pulse Survey Report SUMMER 2016 HR Jobs Pulse Survey Report Figure 1 Hiring Activity for HR Jobs 1-99 100-499 500-2,499 2,500-24,999 25,000+ Yes 27% 1 37% 51% 78% No 73% 9 8 63% 4 Note: : n = 318. Respondents who answered

More information

December 2015 Lutgert College Of Business 10501 FGCU Blvd. South Fort Myers, FL 33965 Phone 239-590-7090 www.fgcu.edu/cob/reri

December 2015 Lutgert College Of Business 10501 FGCU Blvd. South Fort Myers, FL 33965 Phone 239-590-7090 www.fgcu.edu/cob/reri Southwest Florida Regional Economic Indicators December 2015 Lutgert College Of Business 10501 FGCU Blvd. South Fort Myers, FL 33965 Phone 239-590-7090 www.fgcu.edu/cob/reri Table of Contents Introduction:

More information

SECTION 8 STATISTICAL INFORMATION LAS VEGAS VALLEY WATER DISTRICT FISCAL YEAR 2015-16 OPERATING AND CAPITAL BUDGET

SECTION 8 STATISTICAL INFORMATION LAS VEGAS VALLEY WATER DISTRICT FISCAL YEAR 2015-16 OPERATING AND CAPITAL BUDGET SECTION 8 STATISTICAL INFORMATION LAS VEGAS VALLEY WATER DISTRICT FISCAL YEAR 2015-16 OPERATING AND CAPITAL BUDGET Las Vegas Valley Water District Page Description 8 1 Cover Page 8 2 Demographic Statistics

More information

RESEARCH BRIEF. OIR Office of Institutional Research, Planning, and Assessment

RESEARCH BRIEF. OIR Office of Institutional Research, Planning, and Assessment RESEARCH BRIEF OIR No. 68-10 Office of Institutional Research, Planning, and Assessment September 2010 Employment Projections for Northern Virginia: Accounting, Business, Marketing This brief presents

More information

Huh? We re Switching Back Again?

Huh? We re Switching Back Again? WORKFORCE ANALYTICS: A CRITICAL EVALUATION Huh? We re Switching Back Again? How Centralized and Decentralized HR Department Structures Influence HR Metrics About SHRM The Society for Human Resource Management

More information

billion paid to private sector workers during 2012. Focus on Meeting and Convention Segment. The convention and

billion paid to private sector workers during 2012. Focus on Meeting and Convention Segment. The convention and Executive Summary Applied Analysis was retained by the Las Vegas Convention and Visitors Authority (the LVCVA ) to review and analyze the economic impacts associated with its various operations and southern

More information

Occupational and Career Outlook for MIS Majors 2012-2018. Ken Laudon New York University Stern School of Business 2011

Occupational and Career Outlook for MIS Majors 2012-2018. Ken Laudon New York University Stern School of Business 2011 Occupational and Career Outlook for MIS Majors 2012-2018 Ken Laudon New York University Stern School of Business 2011 Total employment in the United States is expected to increase by about ten percent

More information

Key Priorities for the HR Profession Through 2015: Are You Ready?

Key Priorities for the HR Profession Through 2015: Are You Ready? SHRM Survey Brief Key Priorities for the HR Profession Through 2015: Are You Ready? Data Highlights The vast majority of HR professionals believe that HR serves as a partner (has partial or shared responsibility)

More information

Summary. Abbas P. Grammy 1 Professor of Economics California State University, Bakersfield

Summary. Abbas P. Grammy 1 Professor of Economics California State University, Bakersfield The State of the Economy: Kern County, California Summary Abbas P. Grammy 1 Professor of Economics California State University, Bakersfield Kern County households follow national trends. They turned less

More information

Challenger College Grad Outlook JOB MARKET MORE WELCOMING; TWO-THIRDS OF EMPLOYERS PLAN TO HIRE NEW GRADS

Challenger College Grad Outlook JOB MARKET MORE WELCOMING; TWO-THIRDS OF EMPLOYERS PLAN TO HIRE NEW GRADS CONTACTS James K. Pedderson, Director of Public Relations Office: 312-422-5078 Mobile: 847-567-1463 jamespedderson@challengergray.com Colleen Madden, Media Relations Manager Office: 312-422-5074 colleenmadden@challengergray.com

More information

Titusville, Florida. Summary. Housing Market Area. Market Details. Economy. Rental Market. Sales Market

Titusville, Florida. Summary. Housing Market Area. Market Details. Economy. Rental Market. Sales Market C O M P R E H E N S I V E H O U S I N G M A R K E T A N A L Y S I S Palm Bay-Melbourne- Titusville, Florida U.S. Department of Housing and Urban Development Office of Policy Development and Research As

More information

The Other O: Comparing Las Vegas to a Successful Mid-Sized, Midwestern Metropolitan Area

The Other O: Comparing Las Vegas to a Successful Mid-Sized, Midwestern Metropolitan Area The Other O: Comparing Las Vegas to a Successful Mid-Sized, Midwestern Metropolitan Area ROBERT LANG, PH.D. PROFESSOR AND DIRECTOR THE LINCY INSTITUTE BROOKINGS MOUNTAIN WEST UNIVERSITY OF NEVADA, LAS

More information

LEE BUSI N ESS SCHOOL SOUTHERN NEVADA QUARTERLY ECONOMIC FORECAST. Southern Nevada Economy to Continue Growth in 2014 and 2015

LEE BUSI N ESS SCHOOL SOUTHERN NEVADA QUARTERLY ECONOMIC FORECAST. Southern Nevada Economy to Continue Growth in 2014 and 2015 CENTER FOR BUSINESS & ECONOMIC RESEARCH LEE BUSI N ESS SCHOOL SOUTHERN NEVADA QUARTERLY ECONOMIC FORECAST Quarter 2 2014 Southern Nevada Economy to Continue Growth in 2014 and 2015 S ince the end of the

More information

HUD PD&R Housing Market Profiles

HUD PD&R Housing Market Profiles Sacramento--Arden-Arcade--Roseville, California Quick Facts About Sacramento-Arden-Arcade--Roseville By Elaine Ng Current sales market conditions: slightly soft but improving. Current apartment market

More information

Technical Report No. 1

Technical Report No. 1 [TYPE THE COMPANY ADDRESS] [TYPE THE COMPANY ADDRESS] The Washington Metropolitan Area 2030 Economic Outlook: Standard Forecast Technical Report No. 1 By Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair

More information

San Antonio, Texas. Summary. Housing Market Area. Market Details. Economy. Rental Market. Sales Market

San Antonio, Texas. Summary. Housing Market Area. Market Details. Economy. Rental Market. Sales Market COMPREHENSIVE HOUSING MARKET ANALYSIS San Antonio, Texas U.S. Department of Housing and Urban Development Office of Policy Development and Research As of October 1, 2008 Summary Housing Market Area Kerr

More information

HUD PD&R Housing Market Profiles

HUD PD&R Housing Market Profiles Chicago-Joliet-Naperville, Illinois-Indiana-Wisconsin Quick Facts About Chicago-Joliet-Naperville By Gabriel A. Labovitz Current sales market conditions: soft. Current apartment market conditions: balanced.

More information

New Mexico. Comparison Profile prepared by the New Mexico Economic Development Department State Data Center. Page 1 of 5

New Mexico. Comparison Profile prepared by the New Mexico Economic Development Department State Data Center. Page 1 of 5 DEMOGRAPHICS Population estimates, July 1, 2014 2,085,572 Population, percent change - April 1, 2010 to July 1, 2014 1.4% Population estimates, July 1, 2013 2,085,287 Population, percent change - April

More information

THE ECONOMIC IMPACTS OF SELECTED PROFESSIONALS ON THE ECONOMY OF THE STATE OF NEVADA

THE ECONOMIC IMPACTS OF SELECTED PROFESSIONALS ON THE ECONOMY OF THE STATE OF NEVADA TECHNICAL REPORT UCED 2005/06-27 THE ECONOMIC IMPACTS OF SELECTED PROFESSIONALS ON THE ECONOMY OF THE STATE OF NEVADA UNIVERSITY OF NEVADA, RENO THE ECONOMIC IMPACTS OF SELECTED PROFESSIONALS ON THE ECONOMY

More information

Comparison Profile prepared by the New Mexico Economic Development Department State Data Center. Page 1 of 5

Comparison Profile prepared by the New Mexico Economic Development Department State Data Center. Page 1 of 5 Comparing New Mexico to Colorado DEMOGRAPHICS Colorado New Mexico Population estimates, July 1, 2014 5,355,866 2,085,572 Population, percent change - April 1, 2010 to July 1, 2014 1.4% 1.4% Population

More information

Chapter VI: Public Benefits of Higher Education

Chapter VI: Public Benefits of Higher Education ` Chapter VI: Public Benefits of Higher Education ` Higher education opens the door to more jobs in today s economy The number of jobs requiring higher levels of education has increased substantially,

More information

METRO ATLANTA STILL AMONG FASTEST-GROWING IN NATION

METRO ATLANTA STILL AMONG FASTEST-GROWING IN NATION October 2012 Despite the dour economic news of the past few years, metro Atlanta remains the key economic driver of the Southeast. But, as with all metro areas, challenges abound. One of those challenges

More information

How Does the City s Economy Compare to Other College Towns? MORGANTOWN WEST VIRGINIA. How Does the City s Economy Compare to Other College Towns?

How Does the City s Economy Compare to Other College Towns? MORGANTOWN WEST VIRGINIA. How Does the City s Economy Compare to Other College Towns? How Does the City s Economy Compare to Other College Towns? MORGANTOWN WEST VIRGINIA How Does the City s Economy Compare to Other College Towns? A publication by the WVU Bureau of Business and Economic

More information

Changes in Self-Employment: 2010 to 2011

Changes in Self-Employment: 2010 to 2011 Changes in Self-Employment: 2010 to 2011 American Community Survey Briefs By China Layne Issued January 2013 ACSBR/11-21 INTRODUCTION From December 2007 to June 2009, the United States experienced an economic

More information

United States General Accounting Office Washington, D.C. 20548. Health, Education, and Human Services Division

United States General Accounting Office Washington, D.C. 20548. Health, Education, and Human Services Division GAO United States General Accounting Office Washington, D.C. 20548 Health, Education, and Human Services Division B-279910 May 12, 1998 The Honorable John D. Dingell Ranking Minority Member Committee on

More information

State Profile: West Virginia

State Profile: West Virginia State Perspectives West Virginia Indicators: Aging & Work State Profile Series February, 2008 By: Michelle Wong with Tay McNamara, Sandee Shulkin, Chelsea Lettieri and Vanessa Careiro Sponsored by: Quick

More information

ICI RESEARCH PERSPECTIVE

ICI RESEARCH PERSPECTIVE ICI RESEARCH PERSPECTIVE 0 H STREET, NW, SUITE 00 WASHINGTON, DC 000 0-6-800 WWW.ICI.ORG OCTOBER 0 VOL. 0, NO. 7 WHAT S INSIDE Introduction Decline in the Share of Workers Covered by Private-Sector DB

More information

The Illinois Turnaround. Governor Bruce Rauner

The Illinois Turnaround. Governor Bruce Rauner The Illinois Turnaround Governor Bruce Rauner Our Goal: Make Illinois the Most Competitive and Compassionate State in America 2 Illinois On Unsustainable Path Raising Taxes Alone Won t Work 3 Net Migration

More information

Professionals in the Workplace: Community and Social Service Professionals

Professionals in the Workplace: Community and Social Service Professionals Community and Social Service Professionals Updated February 2015 Community and social service professionals perform challenging, yet rewarding work. These counselors, social workers, and others working

More information

The Microeconomy and US Labor Force

The Microeconomy and US Labor Force The Microeconomy and US Labor Force Gross domestic product (GDP) is projected to grow by 3% annually, assuming full employment in 2020 (which, in the US, means unemployment of approximately 5-6%), expected

More information

Working Beyond Retirement-Age

Working Beyond Retirement-Age Working Beyond Retirement-Age Kelly A. Holder and Sandra L. Clark U.S. Census Bureau Housing and Household Economics Division Labor Force Statistics Branch Presented at the American Sociological Association

More information

Recovery or Remission?

Recovery or Remission? San Antonio 2013 REAL ESTATE MARKET UPDATE Recovery or Remission? History of the Growth of San Antonio since 1950s (San Antonio) 91,000 new residents flocked to S.A. in 2 years. San Antonio's

More information

SHRM Job Satisfaction Series: Job Security Survey. Research SHRM

SHRM Job Satisfaction Series: Job Security Survey. Research SHRM Job Satisfaction Series: Job Security Survey SHRM Job Satisfaction Series: Job Security Survey Evren Esen Survey Program Coordinator SHRM June 2003 This report is published by the Society for Human Resource

More information

california Health Care Almanac California s Uninsured

california Health Care Almanac California s Uninsured california Health Care Almanac december 2011 Introduction Over the past two decades, California has seen an increase in the percentage of people who are uninsured. California now has the largest number

More information

Northern Kentucky/Greater Cincinnati by the Numbers

Northern Kentucky/Greater Cincinnati by the Numbers Vol. 4, No. 4 Fourth Quarter 2011 Janet Harrah, Senior Director, Center for Economic Analysis and Development, Northern Kentucky University Phone: 859-392-2412 * E-mail: harrahj1@nku.edu Website: http://cead.nku.edu

More information

March 2015 Las Vegas Metro Residential Housing Sales

March 2015 Las Vegas Metro Residential Housing Sales March 2015 Las Vegas Metro Residential Housing Sales SFR Transactions - Inventory While one data point does not a trend make the increasing amplitude in weekly closings combined with a look at March closings

More information

Introduction to Healthcare and Public Health in the US: Financing Healthcare

Introduction to Healthcare and Public Health in the US: Financing Healthcare Introduction to Healthcare and Public Health in the US: Financing Healthcare Lecture 2 Audio Transcript Slide 1 Welcome to Introduction to Healthcare and Public Health in the US: Financing Healthcare.

More information

A Snapshot of Affordable Housing Need in Naperville

A Snapshot of Affordable Housing Need in Naperville A Snapshot of Housing Need in Produced by: Business Professional People for the Public Interest (BPI) 25 East Washington, Suite 1515 Chicago, IL 60602 (312) 641-5570 December 2006 A Shifting Economy; A

More information

Minnesota Judicial State Court Salaries

Minnesota Judicial State Court Salaries Minnesota Judicial State Court Salaries Prepared for the Minnesota District Judges Association by Karine S. Moe, Ph.D. F.R. Bigelow Professor of Economics Chair, Department of Economics Macalester College

More information

WHAT DRIVES EMPLOYEE ENGAGEMENT AND WHY IT MATTERS

WHAT DRIVES EMPLOYEE ENGAGEMENT AND WHY IT MATTERS WHAT DRIVES EMPLOYEE ENGAGEMENT AND WHY IT MATTERS Dale Carnegie Training White Paper Copyright 2012 Dale Carnegie & Associates, Inc. All rights reserved. driveengagement_101512_wp WHAT DRIVES EMPLOYEE

More information

State Profile: North Carolina

State Profile: North Carolina State Perspectives State Profile Series North Carolina Indicators: Aging & Work March, 2008 By: Michelle Wong with Tay McNamara, Sandee Shulkin, Chelsea Lettieri and Vanessa Careiro Sponsored by: Quick

More information

What Will Drive Growth in the Washington Area Economy Going Forward?

What Will Drive Growth in the Washington Area Economy Going Forward? /4/25 Cardinal Bank & George Mason University 23 rd Annual Economic Conference What Will Drive Growth in the Washington Area Economy Going Forward? Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and

More information

HUD PD&R Housing Market Profiles

HUD PD&R Housing Market Profiles Dayton, Ohio Quick Facts About Dayton By Felipe Chacon Current sales market conditions: soft. Current rental market conditions: soft. Current apartment market conditions: slightly soft. Tech Town, a 40-acre

More information

CONGRESSIONAL DISTRICT REPORT For the 113th Congress. California District 47. Representative Alan Lowenthal (D)

CONGRESSIONAL DISTRICT REPORT For the 113th Congress. California District 47. Representative Alan Lowenthal (D) CONGRESSIONAL DISTRICT REPORT For the 113th Congress District 47 Representative Alan Lowenthal (D) National Association of REALTORS 500 New Jersey Avenue, NW Washington, D.C. Congressional Districts 113th

More information

THE STATE OF THE ECONOMY

THE STATE OF THE ECONOMY THE STATE OF THE ECONOMY CARLY HARRISON Portland State University Following data revisions, the economy continues to grow steadily, but slowly, in line with expectations. Gross domestic product has increased,

More information

Construction Employment in the Twin Cities April 14, 2016

Construction Employment in the Twin Cities April 14, 2016 Minnesota Department of Employment and Economic Development Construction Employment in the Twin Cities April 14, 2016 Tim O Neill Regional Analysis & Outreach Unit Minnesota Dept. of Employment & Economic

More information

Oklahoma City Leads Large Cities in Job Creation

Oklahoma City Leads Large Cities in Job Creation Page 1 of 6 Tuesday, April 03, 2012 Updated 02:45 PM ET March 29, 2012 Oklahoma City Leads Large Cities in Job Creation Providence-area employees report the lowest net job creation across the 50 largest

More information

Sources of Health Insurance and Characteristics of the Uninsured: Analysis of the March 2012 Current Population Survey

Sources of Health Insurance and Characteristics of the Uninsured: Analysis of the March 2012 Current Population Survey September 2012 No. 376 Sources of Health Insurance and Characteristics of the Uninsured: Analysis of the March 2012 Current Population Survey By Paul Fronstin, Ph.D., Employee Benefit Research Institute

More information

Field of Degree and Earnings by Selected Employment Characteristics: 2011

Field of Degree and Earnings by Selected Employment Characteristics: 2011 Field of Degree and Earnings by Selected Employment Characteristics: 0 American Community Survey Briefs By Camille Ryan Issued October 0 ACSBR/-0 INTRODUCTION This brief provides information about the

More information

MEMORANDUM. Members of the Interim Committee on Economic Development

MEMORANDUM. Members of the Interim Committee on Economic Development MEMORANDUM July 20, 2005 TO: Members of the Interim Committee on Economic Development FROM: Legislative Council Staff, (303) 866-3521 SUBJECT: Factors Affecting Location Decisions; Business Climates; and

More information

The economic impact of Minnesota State Colleges and Universities

The economic impact of Minnesota State Colleges and Universities The economic impact of Minnesota State Colleges and Universities F E B R U A R Y 2 0 1 3 The economic impact of Minnesota State Colleges and Universities February 2013 Prepared by: Jose Y. Diaz and Gabriel

More information

Self-Storage Investment Trends to Watch. April 16, 2015

Self-Storage Investment Trends to Watch. April 16, 2015 Self-Storage Investment Trends to Watch April 16, 2015 Economic Outlook Underpins Self-Storage Sector Hiring Makes Steady Gains Supports Broader Economic Performance Quarterly Job Growth (Millions) 0.9

More information

Florida Chamber Foundation 50 Florida Facts

Florida Chamber Foundation 50 Florida Facts Florida Chamber Foundation 50 Florida Facts Talent Supply & Education 1. There are 459 Charter Schools operating in the state of Florida, which comprise approximately 13% of public schools. Source: Florida

More information

Occupational Outlook Quarterly Winter 2004-05

Occupational Outlook Quarterly Winter 2004-05 14 Occupational Outlook Quarterly Winter 2004-05 Job outlook for college graduates by Jill N. Lacey and Olivia Crosby You ve heard it again and again: Having a college leads to higher earnings and more

More information

Fourth Quarter 2014 Published by HRO Today Magazine in Cooperation with Yoh Recruitment Process Outsourcing

Fourth Quarter 2014 Published by HRO Today Magazine in Cooperation with Yoh Recruitment Process Outsourcing THE EMPLOYEE WELL BEING STUDY Fourth Quarter 2014 Published by HRO Today Magazine in Cooperation with Yoh Recruitment Process Outsourcing Background The Employee Well Being Study Beginning with the Third

More information

Volume I Issue V. LVCVA Return on Investment: Operations and Advertising

Volume I Issue V. LVCVA Return on Investment: Operations and Advertising Volume I Issue V Page 1 Applied Analysis was retained by the Las Vegas Convention and Visitors Authority (the LVCVA ) to review and analyze the economic impacts associated with its various operations and

More information

Professionals in the Workplace: Television and Radio Broadcasting and Cable Professionals and Technicians

Professionals in the Workplace: Television and Radio Broadcasting and Cable Professionals and Technicians Professionals in the Workplace: Television and Radio Broadcasting and Cable Professionals and Technicians Updated November 2014 Even as digital media grows in popularity, television and radio broadcasting

More information

SHRM Human Capital Benchmarking Study 2005 EXECUTIVE SUMMARY

SHRM Human Capital Benchmarking Study 2005 EXECUTIVE SUMMARY 2005 EXECUTIVE SUMMARY 2005 EXECUTIVE SUMMARY JOHN DOONEY / Manager, Strategic Research NOËL SMITH / Strategic Research Specialist Also introducing SHRM Customized Human Capital Benchmarking Service Database

More information

Zillow Negative Equity Report

Zillow Negative Equity Report Overview The housing market is finally showing signs of life, with many metropolitan areas having hit the elusive bottom and seeing home value appreciation, however negative equity remains a drag on the

More information

Supply and Demand Conditions for Electricians. An Update of Labor Market and Electrician Program Data. December 2013

Supply and Demand Conditions for Electricians. An Update of Labor Market and Electrician Program Data. December 2013 Supply and Demand Conditions for Electricians An Update of Labor Market and Electrician Program Data December 2013 Prepared by: Mohamed Mourssi-Alfash, Ph.D. Research Analyst (651) 259-7416 Mohamed.mourssi@state.mn.us

More information

TRUCK DRIVER SHORTAGE ANALYSIS 2015

TRUCK DRIVER SHORTAGE ANALYSIS 2015 TRUCK DRIVER SHORTAGE ANALYSIS 2015 Bob Costello Chief Economist & Senior Vice President American Trucking Associations Rod Suarez Economic Analyst American Trucking Associations Published October 2015

More information

State Profile: Texas. Texas Indicators: Aging & Work. State Perspectives. State Profile Series. Quick Fact Check for Texas.

State Profile: Texas. Texas Indicators: Aging & Work. State Perspectives. State Profile Series. Quick Fact Check for Texas. State Perspectives Texas Indicators: Aging & Work State Profile Series April, 2008 By: Michelle Wong with Tay McNamara, Sandee Shulkin, Chelsea Lettieri and Vanessa Careiro Sponsored by: Quick Fact Check

More information

Workforce Last updated: October 2014

Workforce Last updated: October 2014 Workforce Last updated: October 2014 Downtown Seattle offers the region's highest concentration of jobs. Downtown Seattle has the highest employment density in Seattle. It also has a large share of jobs.

More information

Texas Condominium Mid-Year Sales Report

Texas Condominium Mid-Year Sales Report Texas Condominium Mid-Year Sales Report 2014 Edition Release date: July 1, 2014 Contact: Danielle Urban Pierpont Communications 512-448-4950 durban@piercom.com About the Texas Condominium Mid-Year Sales

More information

TAX CREDITS FOR GROWING BUSINESSES ACT 2013 REPORT

TAX CREDITS FOR GROWING BUSINESSES ACT 2013 REPORT TAX CREDITS FOR GROWING BUSINESSES ACT 2013 REPORT June 1, 2013 State of North Carolina Department of Commerce Labor & Economic Analysis Division Secretary Sharon Decker TABLE OF CONTENTS EXECUTIVE SUMMARY

More information

Nonprofit Organizations and the Nevada Economy: An analysis of the employment, economic impact, and scope of the nonprofit sector in the Silver State

Nonprofit Organizations and the Nevada Economy: An analysis of the employment, economic impact, and scope of the nonprofit sector in the Silver State THE LINCY INSTITUTE SPECIAL REPORT NO.3 September 2014 Nonprofit Organizations and the Nevada Economy: An analysis of the employment, economic impact, and scope of the nonprofit sector in the Silver State

More information

Women s Participation in Education and the Workforce. Council of Economic Advisers

Women s Participation in Education and the Workforce. Council of Economic Advisers Women s Participation in Education and the Workforce Council of Economic Advisers Updated October 14, 214 Executive Summary Over the past forty years, women have made substantial gains in the workforce

More information

SUMMARY OF KEY COMPENSATION FINDINGS Prepared for the 2010 Social Work Congress April 2010

SUMMARY OF KEY COMPENSATION FINDINGS Prepared for the 2010 Social Work Congress April 2010 [REPORT] National Association of Social Workers 2009 COMPENSATION & BENEFITS STUDY SUMMARY OF KEY COMPENSATION FINDINGS Prepared for the 2010 Social Work Congress April 2010 NASW NATIONAL ASSOCIATION OF

More information

MINNEAPOLIS-ST. PAUL. A globally competitive place to invest, do business, and live.

MINNEAPOLIS-ST. PAUL. A globally competitive place to invest, do business, and live. MINNEAPOLIS-ST. PAUL A globally competitive place to invest, do business, and live. www.colliers.com/msp Minneapolis-St. Paul A globally competitive place to invest, do business, and live. > DIVERSE ECONOMY

More information

OCCUPATIONAL THERAPIST: OCCUPATIONAL SKILL SHORTAGE ASSESSMENT

OCCUPATIONAL THERAPIST: OCCUPATIONAL SKILL SHORTAGE ASSESSMENT NOVEMBER 2005 OCCUPATIONAL THERAPIST: OCCUPATIONAL SKILL SHORTAGE ASSESSMENT Current situation: Recruitment and retention difficulties Short-term outlook: Recruitment and retention difficulties 1 Executive

More information

City of North Las Vegas

City of North Las Vegas City of North Las Vegas July 2014 North Las Vegas Facts North Las Vegas was incorporated in 1946 North Las Vegas encompasses 100.4 square miles in Clark County Current population in December 2012 was projected

More information

C O M P R E H E N S I V E H O U S I N G M A R K E T A N A L Y S I S. Dallas, Texas. Summary. Economy. Sales Market

C O M P R E H E N S I V E H O U S I N G M A R K E T A N A L Y S I S. Dallas, Texas. Summary. Economy. Sales Market C O M P R E H E N S I V E H O U S I N G M A R K E T A N A L Y S I S Dallas, Texas U.S. Department of Housing and Urban Development Office of Policy Development and Research As of April 1, 26 Summary Housing

More information

SAN DIEGO S ROAD TO RECOVERY

SAN DIEGO S ROAD TO RECOVERY SAN DIEGO S ROAD TO RECOVERY June 2012 Like all American cities, San Diego suffered from the 2008 financial crisis and ensuing recession. Gradual and positive trends in unemployment, real estate, tourism

More information

Comparing Kansas: Teacher Salary, Education, and Experience

Comparing Kansas: Teacher Salary, Education, and Experience Comparing : Teacher Salary, Education, and Experience August 2015 Association of School Boards Ted Carter, Research Specialist Mark Tallman, Associate Executive Director for Advocacy Summary This report

More information

Working Towards Equity in Benefits and Pay: Does Race or Gender Matter More to Your Paycheck? Deborah P. Ashton, Ph.D.

Working Towards Equity in Benefits and Pay: Does Race or Gender Matter More to Your Paycheck? Deborah P. Ashton, Ph.D. Working Towards Equity in Benefits and Pay: Does Race or Gender Matter More to Your Paycheck? Deborah P. Ashton, Ph.D. About the Speaker Deborah Ashton, Ph.D. President Planet Perspective 1 Experience

More information

HUD PD&R Housing Market Profiles

HUD PD&R Housing Market Profiles Newark, New Jersey-Pennsylvania Quick Facts About Newark By Joseph Shinn Current sales market conditions: slightly soft. Current apartment market conditions: slightly tight. Driven by continued increases

More information

H U M A N R E S O U R C E S

H U M A N R E S O U R C E S Introduction I n a knowledge-based economy, the educational attainment and technology savvy of the workforce are strong contributors to a region s overall economic prosperity. This section benchmarks Ohio

More information

Sources of Health Insurance and Characteristics of the Uninsured: Analysis of the March 2013 Current Population Survey

Sources of Health Insurance and Characteristics of the Uninsured: Analysis of the March 2013 Current Population Survey September 2013 No. 390 Sources of Health Insurance and Characteristics of the Uninsured: Analysis of the March 2013 Current Population Survey By Paul Fronstin, Ph.D., Employee Benefit Research Institute

More information

Contact us. Hoa Bui T: + 61 (02) 9335 8938 E: hbui@kpmg.com.au. Briallen Cummings T: + 61 (02) 9335 7940 E: bcummings01@kpmg.com.au. www.kpmg.com.

Contact us. Hoa Bui T: + 61 (02) 9335 8938 E: hbui@kpmg.com.au. Briallen Cummings T: + 61 (02) 9335 7940 E: bcummings01@kpmg.com.au. www.kpmg.com. Contact us Hoa Bui T: + 61 (02) 9335 8938 E: hbui@kpmg.com.au Briallen Cummings T: + 61 (02) 9335 7940 E: bcummings01@kpmg.com.au www.kpmg.com.au No reliance This report should not be regarded as suitable

More information

THE PROFESSIONAL AND TECHNICAL WORKFORCE

THE PROFESSIONAL AND TECHNICAL WORKFORCE Fact Sheet 2013 THE PROFESSIONAL AND TECHNICAL WORKFORCE Introduction The professional and technical workforce is defined to include all workers in the U.S. Bureau of Labor Statistics (BLS) category management,

More information

U.S. Producer Price Index for Travel Agencies NAICS 561510

U.S. Producer Price Index for Travel Agencies NAICS 561510 U.S. Producer Price Index for Travel Agencies NAICS 561510 Andrew Baer Chief, Services Section Division of Industrial Prices & Price Indexes U.S. Bureau of Labor Statistics 29 th Voorburg Group Meeting

More information

Economic Indicators Dashboard

Economic Indicators Dashboard Dashboard City of Seattle as of 1. Business Income 2010 2011 Change Business income Update (billions, 2010$) $52.1 $53.8 3.3% The Seattle Dashboard reports current and recent data for the following five

More information

Sources of Health Insurance and Characteristics of the Uninsured: Analysis of the March 2010 Current Population Survey

Sources of Health Insurance and Characteristics of the Uninsured: Analysis of the March 2010 Current Population Survey September 2010 No. 347 Sources of Health Insurance and Characteristics of the Uninsured: Analysis of the March 2010 Current Population Survey By Paul Fronstin, Employee Benefit Research Institute LATEST

More information

Myths and Misperceptions:

Myths and Misperceptions: Myths and Misperceptions: What employee benefits can do for small businesses Brighter ideas in small business benefits Table of Contents Myths and Misperceptions: What Employee Benefits Can Do for Small

More information

The traditional work schedule for an

The traditional work schedule for an A time to work: recent trends in work and flexible schedules Numerous U.S. workers have work schedules different from the standard 9 a.m.-to-5 p.m., Monday-through-Friday, work ; the demands of the industry

More information

State Profile: Minnesota

State Profile: Minnesota State Perspectives Minnesota Indicators: Aging & Work State Profile Series March, 2008 By: Michelle Wong with Tay McNamara, Sandee Shulkin, Chelsea Lettieri and Vanessa Careiro Sponsored by: Quick Fact

More information