Embed Size (px)
DESCRIPTION
The Charlotte Regional Partnership’s monthly By the Numbers is the only report of its kind. Easy-to-read charts not only compare employment numbers in the current and prior years for each of our 16 counties, the report breaks down employment changes by industry. It compares the Charlotte region with the other six partnership areas in North Carolina and other major Southeast regions. Charts show at a glance year-to-year comparisons of the national unemployment rate, consumer confidence and home sales indices. The report also summarizes Charlotte USA locations, expansions, closings and layoffs for each month fiscal year-to-date. And there are extras, such as taxable sales within the region.
Citation preview
BY THE NUMBERS
AUGUST
Charlotte Regional PartnershipDepartment of Research
550 South Caldwell StSuite 760
Charlotte, NC 28202 (704) 347-8942
fax (704) 347-8981Compiled monthly and posted online
www.charlotteusa.com:
10
BY THE NUMBERS
BY THE NUMBERS
10000
20000
30000
40000
50000
DecDecNovNovOctOctSepSep
AugAugJulJulJunJunMayMayAprApr
MarMar
FebFebJanJan
20092008 2010
17,985
BY THE NUMBERS
Charlotte Regional Partnership:
Initial Unemployment Claims
DecDecNovNovOctOctSepSep
AugAugJulJulJunJunMayMayAprApr
MarMar
FebFebJanJan DecccccccDDeeeccccccccccNovvvvNoovvvvvvvvOctttttttttOOccctttttttttttSeppppppppppSSeeepppppppppppp
AuggggggggAuuuggggggggggggJulllllJuullllllllllJunnnnnnnJJuunnnnnnnnMayyyyMaayyyyyyAprrrApprrrr
MarrrrMMaarrrrr
Febbbbbbbbbeebbbbanaannn
2008 2009 2010
1000000
1050000
1100000
1150000
1200000
1250000
1,123,135
Charlotte Regional Partnership:
“Employed” Population
NC9.8%
SC10.8%
Labor Force in Charlotte USA (June 2009 to June 2010)
declined by 1.4%
Unemployment Rate in Charlotte USA
decreased to 11.7% from 11.91% last month
Initial Unemployment Claims decreased region wide by 3%
in July ‘10 from June‘10
A change in the unemployment is not entirely attributable to job gains and losses. It is partially caused by the movement of people in and out of
the labor force.
Local Labor Conditions
Over-the-Month Employment Change -23,600 -2.9%
Financial Activities 1,000 1.5%
Information 0 0%
Mining, Logging & Construction -200 -0.6%
Education and Health Services -400 -0.5%
Manufacturing -400 -0.6%
Other Services -400 -1.3%
Professional and Business Services -800 -0.6%
Leisure & Hospitality -1,000 -0.6%
Trade, Transportation & Utilities -1,700 -1.8%
Government -19,700 -17.0%
Over-the-Year Employment Change -400 0.1%
Professional and Business Services 5,100 4.1%
Government 2,800 3.0%
Leisure & Hospitality 2,600 2.9%
Educational & Health Services 300 0.4%
Information 200 0.9%
Trade, Transp. & Utilities -100 -0.1%
Other Services -600 -1.9%
Manufacturing -1,100 -1.6%
Financial Activities -1,800 -2.6%
Mining Logging & Construction -7,000 -16.3%
Charlotte-Gastonia-Concord MSA: Employment Trends
Source: NC Employment Security Commission, July, 2010. MSA include Anson, Cabarrus, Gaston, Mecklenburg, Union and York Counties. CES data is based on work location and is a monthly survey of employers. It counts the number of positions in the MSA on a monthly basis.. Cannot be compared to LAUS data (above).
Source: NC ESC, SC ESC LAUS July 2010Source: NC ESC, SC ESC July 2010
LAUS figures are estimates by place of residence. It counts the number of employed people living in the 16 county region at month end. Cannot be compared to CES data (below)
BY THE NUMBERSBY THE NUMBERS
National Perspective
Southeastern U.S. Perspective
U.S. Unemployment Rate
U.S. Consumer Confidence Index
1.0
3.8
6.6
9.4
12.2
15.0
2008 2009 2010DecDec
NovNovOctOctSepSepAugAugJulJulJunJun
MayMayAprApr
MarMar
FebFebJanJan
9.6%
0
30
60
90
120
150
DecDecNovNovOctOctSepSep
AugAugJulJulJunJunMayMayAprApr
MarMar
FebFebJanJan
2007 20092008 2010
53.5
0
10
20
30
40
50
60
70
Employment ProductionNew OrdersComposite (PMI)
Aug-10
Jul-10 Jun-10
May-10
Apr -10
Mar-10 Feb-10
Jan-10 Dec-09
Nov-09 Oct-09
Aug-09 Sep-09
56.3
Institute for Supply Management (ISM)
Report on Business: Manufacturing Diffusion Indices
-50-40-30-20-10
01020304050
Employment ShipmentsNew OrdersComposite
Aug-09 Sep-09
Aug-10 Jul-10
Jun-10 May-10
Apr - 10
Mar-10 Feb-10
Jan-10 Nov-09
Dec-09 Oct-09
11
Federal Reserve Bank of Richmond:
Fifth District Survey of Manufacturing ActivityIncludes Maryland, Virginia, West Virginia, North Carolina and South Carolina
Source: U.S. Bureau of Labor Statistics Aug 2010
Source: The Conference Board Aug 2010
Source: Institute for Supply Management Aug 2010
Source: Federal Reserve Bank of Richmond Aug 2010
BY THE NUMBERSBY THE NUMBERS
Southeastern U.S. Perspective
100110120130140150160170180190200
Atlanta
DallasCharlotte
Tampa
Washington DC
Aug-09 Jul-09
Jul-10
May-09 Apr-09
Mar-10 Feb-10
Jan-10 Dec-09
Nov-09 Oct-09
Sep-09
S&P / Case-Shiller Index Home Price IndicesSeasonally Adjusted
10001300160019002200250028003100340037004000
DecDecNovNovOctOctSepSepAugAugJulJulJunJun
MayMayAprAprMar
MarFebFebJanJan
20092008
$2,629,822,032
2010
Total Taxable Sales: 16-county Charlotte region
Source: NC Department of Revenue, SC Department of Revenue May, 2010
Source: S&P / Case-Shiller Index July 2010. 3 month rolling average
BY THE NUMBERS
Labor Market Comparison to Regions in Carolinas:
Labor Market Comparison to Other Southeast Metro’s
-5
-4
-3
-2
-1
0
1
2
3
4
5
AtlantaCharlotte
CincinnatiNashville
Jacksonville
Richmond
1.3% 0.2%-0.1% -1.3% -1.4% -2.2%
Metropolitan Comparison:Net Jobs as % of Workforce:
July 2009-July 2010
Source: LAUS program in VA, FL, OH, TN, KY, NC, SC, GA Labor Departments
-5
-4
-3
-2
-1
0
1
2
3
4
5
Upstate
PTP
RTP Southeast
AdvWest Northeast
1.9% 0.8% 0.2%-0.1% -0.2%
-1.7%
No
U
Eastern
CRP
PT
RT
-1.8% -3.3%
Regional Comparison: Net Jobs as % of Workforce:
July 2009-July 2010
Source: LAUS program in NC, SC Labor Departments
BY THE NUMBERS
Charlotte USA Business Activity: Announced Investments, Layoffs & Closures
Company County New or Expanded TypeAdded Jobs
January-10Advanced Green Technologies Mecklenburg Exp Energy 3Wilbert Plastic Services Gaston New HQ/Mfg 41Composite Resources York Exp Mfg 50Husqvarna Mecklenburg Exp NAHQ/Mfg 160Belk Mecklenburg Exp HQ/retail 39Harmony Labs Cabarrus Exp Pharma mfg 40Concord Global Trading Iredell New Wlsle/Retail furniture N/AExtend-A-Haul Rowan Exp Mfg/truck parts 10-50Convergys Corp Catawba Exp Call center 120
CelgardMecklenburg/ Cabarrus Exp Energy/Batteries 289
Monsanto Co. Cabarrus New Research/health 12W.A. Brown and Son Rowan Rehire Mfg 40Advanced Disposal Mecklenburg New Environmental Serv. N/A
February-10Kewaunee Scientific Corporation Iredell Expansion Mfg-lab equipment 100Solaris Industries Inc. Cleveland New Mfg-steel tubes 50Defense Venture Group Lancaster Move from Meck HQ/Mfg armored vehic. 220Bradman Lake York Move from Meck Mfg-food packaging 50Wastequip Inc., Mecklenburg New Mfg-waste container N/A
March-10The Garretson Firm Mecklenburg Exp Legal Serv/health care 30Turman Commercial Painters Mecklenburg Exp Commercial Painters N/ALongitude 80 Dairies LLP (Stamey Farms with Toni Dairy Industry SA) Iredell New Yogurt production 32Triad Racing Technology Iredell New Engine shop/mtrspts 56Pierre Foods, Inc Catawba Exp Mfg/Dist food 500Continental Tires The Americas Lancaster Exp Mfg auto parts 50Siemens Energy Mecklenburg Exp Mfg gas turbine 825Turbotec Catawba Exp Mfg heat exchangers 73Robbins-Gioia Mecklenburg Exp Financial Services n/aSonoco Recycling Inc Mecklenburg Exp Material recovery 0Hammerhead Iredell New Film studio n/aColfax Corporation (IMO Pump) Union Exp Mfg pump/valve 0Atlas Copco York/Meck Exp Dist. Center in Meck 8Industrial Fabricators/Dixon Products Gaston Exp Mfg pipe 50Hewitt Associates Mecklenburg Exp Consulting/FS/IT 463Capital Advisors Mecklenburg New FS: mortgages 14Integrated Capital Strategies Mecklenburg New FS: investment 23
BY THE NUMBERSBY THE NUMBERS
Charlotte USA Business Activity: Announced Investments, Layoffs & Closures
Company CountyNew or Expanded Type
Added Jobs
April-10Cataler North America Lincoln Exp Mfg-auto parts 40Greiner Bio-One Inc Union Exp Mfg - medical device 51Ajax Rolled Ring York Exp Mfg - custom 30Anderson America Corp Mecklenburg Exp Mfg - machines 25Norfolk Southern Mecklenburg Exp Logistics inter modal 200Michelin Aircraft Tire Company Stanly Exp Aircraft tires 74Basset Furniture Industries Catawba Reopen Upholstery plant N/AClariant Corporation Mecklenburg Exp Chemicals 50PGT Industries Rowan Exp Mfg - windows doors 100Verizon Wireless Mecklenburg Exp Call Center 100Fab Fours Lancaster (frm Meck) Exp Mfg-auto parts 3Duke Energy Generation Services Cleveland New Solar Farm N/ALinet Americas Mecklenburg New HQ/Back office medical 50Kinro Inc (Drew Industries) Chester New Mfg-doors and windows 125Greyne Custom Wood Lancaster New Mfg-hard wood floor 50ProFlowers Mecklenburg New Distribution center N/AHaile Gold Mine (Romarco Minerals) Lancaster Exp Gold mine 300TradeKing Mecklenburg Exp Financial Services 20
May-10Robert W. Baird & Company Mecklenburg Exp Financial Services 4Telerx Gaston Exp Bus. Services 60American Red Cross Mecklenburg Exp Call center 267Strategic Outsourcing Inc Lancaster Exp HQ: Bus. Services 65Immune Tolerance Institute Cabarrus New Health N/AGeneral Mills Cabarrus New Health N/AUS Food Service Inc Mecklenburg New Distribution: Food 400Tannery Brook Partners Mecklenburg New FS: investment broker 14Alro Steel Mecklenburg Exp Mfg: steel 10Dublin Dog Mecklenburg Exp Mfg: dog collars N/ANutramax Laboratories Lancaster New Mfg-Pharma 203
June-10WebVisable Mecklenburg Expansion Technology/Services 150Red Ventures Lancaster Expansion HQ/technology 150Magna Composites LLC Rowan/Catawba Expansion Mfg-Auto parts 193Ameritrust Mortgage Mecklenburg Expansion Financial Services 70Morgan Stanley Mecklenburg Expansion Financial Services 50Ironwood Farms LLC Chesterfield New Organic lawn products 11Citco Fund Services Mecklenburg New Financial Services 258Clearwater Paper Corp. Cleveland New Mfg-Paper goods 250
BY THE NUMBERSCharlotte USA Business Activity: Announced Investments, Layoffs & Closures
Company CountyNew or Expanded Type
Added Jobs
June-10 continuedJo-Mar Spinning Gaston New Mfg-Yarn spinning 100Ilmore Marine LLC Iredell Expansion Mfg-boat engines 15Hydac International Lincoln New Mfg-hydraulic parts 40Pamlico Mecklenburg Expansion Financial services 35Peak Resources Gaston Expansion HQ/Health care N/AGayle’s Aerospace Parts Mecklenburg New Whlsl: Transp equip 12Atlantic Packaging Mecklenburg Expansion Paper/packaging 75c5insight Mecklenburg Expansion Consulting 13Pro Pac Mecklenburg New Packaging service 250Hoffman’s and Hoffman’s Mecklenburg Expansion Mfg 18V-Bio Inc Mecklenburg New Healthcare/Research N/A
July-10Freightliner Rowan Recall Mfg - automotive 280Edgen Murray Mecklenburg Expansion Energy - steel fittings 13Quicken Loans Mecklenburg Expansion Financial Services 100Pulcra Chemicals LLC York Expansion HQ/Chem mfg 15Lucky County, Inc Lincoln Expansion Mfg - candy 3
August-10Norandal USA Rowan Expansion Mfg- metal 25Boral Composites, Inc Rowan Expansion Construction - green 25Advisors Asset Management Mecklenburg Expansion Financial services 15Supermetal Structures York New Mfg-steel 125Wells Fargo Mecklenburg Expansion Financial Services 80Fifth Third Mecklenburg Expansion Financial Services 25Zenta Mecklenburg Expansion Financial Services 100Tyson Foods Inc Union Expansion Food processing 60Henry Schein Inc Union New Medical device N/ASompo Japan Insurance Co Mecklenburg Expansion Financial Services 46ProCal Professional Decals Cabarrus Expansion Motorsport N/A
Source: Compiled by CRP staff from various news sources, press releases and company announcements
BY THE NUMBERSCharlotte USA Business Activity: Announced Investments, Layoffs & Closures
Company County Layoff/Closure Type Lost JobsJanuary-10
Coastal Federal Credit Union Meck/Cabarrus CL Financial Services N/ANASCAR Scene/NASCAR Illustrated Cabarrus Merge Motorsports/Media 18Haldex Iredell CL Mfg 91Charlotte Observer Mecklenburg LY Media 25Glen Raven Iredell LY Textile Mfg 41The Herald York LY Media 7Dana Holdings Corp Iredell LY Mfg/engineering 25Clayton Homes Stanly CL Mfg/Modular Homes 94
February-10Sun Chemical Corp Mecklenburg CL Mfg-inks and coatings 75GMAC (Semperian) Mecklenburg LY FS call center-auto 71Taylored Chemical Products Cleveland CL Chemicals 40Orthofix International Mecklenburg CL Med device 6
March-10Maxon Furniture Inc Rowan CL Mfg furniture 132CommScope Catawba LY Mfg cable 85AbitibiBowater York LY Paper mill 30Berry Plastics Corp Mecklenburg CL Mfg packaging 73Pass Seymour/Legrand Cabarrus LY Mfg/Dist wiring 163
April-10UTI Integrated Logistics Rowan LY Warehousing/Logistics 53Carilion Labs Mecklenburg LY Health care 90Connextions Cabarrus LY Call Center 300-350Elmer’s Products Iredell LY Distribution 50
May-10U.S. F1 Mecklenburg CL Motorsports 9Palm Harbor Homes Stanly CL Mfg/Modular Homes 110Fast & Lite Union CL Contractor 12Humana Inc Lancaster LY Health 70
June-10John Deer Southeast Engineering Center Mecklenburg CL Services 90Lance Inc Mecklenburg LY Mfg-Snack food 96
July-10Butler America Various LY Feet maintenance 9TS Electric Inc Gaston CL Electrical contractor 71IBM Corp Mecklenburg LY Technology 50
BY THE NUMBERS
Charlotte USA Business Activity: Announced Investments, Layoffs & Closures
Charlotte Regional Partnership550 South Caldwell St
Suite 760Charlotte, NC 28202
(704) 347-8942fax (704) 347-8981
Compiled monthly and posted onlinewww.charlotteusa.com:
For questions, contact:Vanessa Goeschl, CEcD,
VP Research [email protected]
Company County Layoff/Closure Type Lost JobsAugust-10
Caye Home Furnishing Alexander LY Mfg-Furniture 70Cooper Wiring Devices Mecklenburg CL Mfg/Distrib wire 82
Source: Compiled by CRP staff from various news sources, press releases and company announcements
