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Where we are now and how we get to where we want to be?
Ethan Mansfield
SW Idaho Regional Economist
Idaho Department of Labor
Economic Development in
Butte County
Outline
• What Does Butte County Look like now?
• What is it projected to look like in the future?
• What are the Economic Development policy changes going forward
that might affect the county’s position in the future?
Source: EMSI
8.9
3.2
9.7
3.7
10
5
0.0
2.0
4.0
6.0
8.0
10.0
12.0
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Unemployment Rates
Butte County, Idaho and United States
2007-2015
Butte Idaho US
Jobs and Wages
• Population = 2,501
• Idaho = 1,654,930
• Total Jobs = 8,119
• Idaho = 765,509
• Average Wage per Job = $83,171
• Idaho = $36,781
• 2010-2016 Job Growth = -721
• Idaho = 107,139
• 2010-2015 Percent Job Growth = -8%
• Idaho = 14%
Description
2016
Jobs
2010 - 2016
Change
2010 - 2016 %
Change
Current Wages,
Salaries, &
Proprietor
Earnings
Ind. Mix
Effect
Nat'l
Growth
Effect
Competitive
Effect
2016
Location
Quotient
Professional, Scientific, and
Technical Services
6,394 (764) (11%) $89,638 536 699 (1,999) 12.30
Administrative and Support and
Waste Management and
Remediation Services
861 137 19% $82,244 72 71 (6) 1.68
Government 244 (66) (21%) $42,454 (34) 30 (63) 0.20
Health Care and Social
Assistance
103 (34) (25%) $32,775 8 13 (55) 0.10
Retail Trade 101 4 4% $14,698 (1) 10 (5) 0.12
Crop and Animal Production 75 2 3% $22,505 (4) 7 (1) 0.76
Construction 63 31 97% $38,058 1 3 26 0.14
Accommodation and Food
Services
52 (17) (25%) $13,201 6 7 (29) 0.08
Manufacturing 49 33 206% $41,027 (0) 2 32 0.08
Finance and Insurance 43 16 59% $72,192 (1) 3 15 0.14
Other Services (except Public
Administration)
33 (7) (18%) $27,421 (3) 4 (8) 0.09
Wholesale Trade 27 11 69% $64,817 (0) 2 9 0.09
Transportation and
Warehousing
24 8 50% $41,243 1 2 5 0.09
Information 14 Insf. Data Insf. Data $46,961 (0) 0 9 0.09
Management of Companies
and Enterprises
14 (82) (85%) $102,572 11 9 (103) 0.12
Educational Services 12 (3) (20%) $25,276 0 1 (5) 0.06
Utilities 0 0 0% $0 0 0 0 0.00
Unclassified Industry 0 0 0% $0 0 0 0 0.00
Mining, Quarrying, and Oil and
Gas Extraction
<10 Insf. Data Insf. Data Insf. Data (0) 0 3 0.09
Real Estate and Rental and
Leasing
<10 Insf. Data Insf. Data Insf. Data (0) 1 1 0.06
Arts, Entertainment, and
Recreation
<10 Insf. Data Insf. Data Insf. Data 0 0 (2) 0.01
Industry Jobs Average Wage
Agriculture, forestry, fishing and hunting 147 25,273
Educational services 132 23,750
Retail trade 103 16,188
Health care and social assistance 99 15,417
Public administration 91 48,021
Professional, scientific, and technical services 67 60,893
Utilities 60 71,583
Administrative and support and waste management services 55 23,068
Finance and insurance, and real estate and rental and leasing: 52 6,250
Construction 46 51,250
Transportation and warehousing 42 35,833
Manufacturing 39 17,361
Other services, except public administration 39 33,021
Accommodation and food services 38 7,500
Wholesale trade 10 50,833
Mining, quarrying, and oil and gas extraction 8 -
Arts, entertainment, and recreation 8 50,000
Information 0 -
Management of companies and enterprises 0 -
Total 1,036 26,182
Jobs held by Residents of Butte County
-9.4
4.3
3.3
-12 -10 -8 -6 -4 -2 0 2 4 6
Butte County, Idaho
Idaho
UNITED STATES
Percent Population Change
2010-2014
17.5
12.4
13
0
2
4
6
8
10
12
14
16
18
20
Butte County, Idaho Idaho UNITED STATES
Percent over 65 years old
2014
12.0%
15.3%
11.5%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
18.0%
Butte County, Idaho Idaho UNITED STATES
Change in Share of 65 and Older
2010-2014
$957
$1,212
$1,522
$0
$200
$400
$600
$800
$1,000
$1,200
$1,400
$1,600
Butte County, Idaho Idaho UNITED STATES
Median Monthly Costs
Housing Units with a Mortgage
$539
$738
$920
$0
$100
$200
$300
$400
$500
$600
$700
$800
$900
$1,000
Butte County, Idaho Idaho UNITED STATES
Median Monthly Rent
2014
0
20000
40000
60000
80000
100000
120000
140000
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
2025 Projected Job Growth* Ages 16-64 Workforce Growth**
Workforce Gap
115,000*
52,000**
63,000
* 2015-2025 Extrapolated from 2012-2022, 1.5% annualized long term projection growth, Idaho Department of Labor, November 2015
** Workforce growth extrapolated from 1.6% annualized population growth, Idaho Department of Labor, November 2015
0
200
400
600
800
1000
1200
1400
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
2025 Projected Job Growth* Ages 16-64 Workforce Growth**
Workforce Gap
1,315*
4**
1,311
-21%
0%
28%
-7%
7%
37%
-30%
-20%
-10%
0%
10%
20%
30%
40%
0-14 15-64 65+
Projected Growth By Age Group
2015- 2025
Butte County Idaho
Description
2015 - 2025
Change
2015 - 2025 %
Change
Professional, Scientific, and Technical Services 763 13%
Administrative and Support and Waste Management and
Remediation Services
397 59%
Construction 58 105%
Manufacturing 25 53%
Retail Trade 25 27%
Finance and Insurance 17 41%
Wholesale Trade 13 52%
Transportation and Warehousing 13 59%
Information 10 77%
Crop and Animal Production 9 12%
Government 4 2%
Other Services (except Public Administration) 3 9%
Educational Services 1 10%
Utilities 0 0%
Accommodation and Food Services 0 0%
Unclassified Industry 0 0%
Health Care and Social Assistance (22) (21%)
Mining, Quarrying, and Oil and Gas Extraction Insf. Data Insf. Data
Real Estate and Rental and Leasing Insf. Data Insf. Data
Management of Companies and Enterprises Insf. Data Insf. Data
Arts, Entertainment, and Recreation Insf. Data Insf. Data
What Factors Contribute to Unequal
Economic Development across Space?
• Natural Amenities
• Cultural Amenities
• Human Capital (Workforce)
• Infrastructure
• Jobs follow people vs. people follow jobs?
• More support for jobs follow people in rural areas
• Tax Policy?
How Can we Help?
• Attract and Retain Talented Workers (or any workers)
• Choose Idaho campaign
• Local Policy that encourages workers to stay and attracts new ones (i.e. what
does your target audience want in a community?)
• Create Talent Pipelines within the community
• Amenities Matter to Migration
• What does a new generation look for?
• Infrastructure is important
• Physical Infrastructure
• Roads, Railways, Air Service
• Virtual Infrastructure
• Broadband
Thank You!
• Ethan Mansfield
• ethan.mansfield@labor.Idaho.gov
• Sources: Economic Modeling Specialists International; US Census
Bureau, County Quickfacts; Idaho Department of Labor, Population
Projections.

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Economic Development in Butte County

  • 1. Where we are now and how we get to where we want to be? Ethan Mansfield SW Idaho Regional Economist Idaho Department of Labor Economic Development in Butte County
  • 2. Outline • What Does Butte County Look like now? • What is it projected to look like in the future? • What are the Economic Development policy changes going forward that might affect the county’s position in the future?
  • 3. Source: EMSI 8.9 3.2 9.7 3.7 10 5 0.0 2.0 4.0 6.0 8.0 10.0 12.0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Unemployment Rates Butte County, Idaho and United States 2007-2015 Butte Idaho US
  • 4. Jobs and Wages • Population = 2,501 • Idaho = 1,654,930 • Total Jobs = 8,119 • Idaho = 765,509 • Average Wage per Job = $83,171 • Idaho = $36,781 • 2010-2016 Job Growth = -721 • Idaho = 107,139 • 2010-2015 Percent Job Growth = -8% • Idaho = 14%
  • 5. Description 2016 Jobs 2010 - 2016 Change 2010 - 2016 % Change Current Wages, Salaries, & Proprietor Earnings Ind. Mix Effect Nat'l Growth Effect Competitive Effect 2016 Location Quotient Professional, Scientific, and Technical Services 6,394 (764) (11%) $89,638 536 699 (1,999) 12.30 Administrative and Support and Waste Management and Remediation Services 861 137 19% $82,244 72 71 (6) 1.68 Government 244 (66) (21%) $42,454 (34) 30 (63) 0.20 Health Care and Social Assistance 103 (34) (25%) $32,775 8 13 (55) 0.10 Retail Trade 101 4 4% $14,698 (1) 10 (5) 0.12 Crop and Animal Production 75 2 3% $22,505 (4) 7 (1) 0.76 Construction 63 31 97% $38,058 1 3 26 0.14 Accommodation and Food Services 52 (17) (25%) $13,201 6 7 (29) 0.08 Manufacturing 49 33 206% $41,027 (0) 2 32 0.08 Finance and Insurance 43 16 59% $72,192 (1) 3 15 0.14 Other Services (except Public Administration) 33 (7) (18%) $27,421 (3) 4 (8) 0.09 Wholesale Trade 27 11 69% $64,817 (0) 2 9 0.09 Transportation and Warehousing 24 8 50% $41,243 1 2 5 0.09 Information 14 Insf. Data Insf. Data $46,961 (0) 0 9 0.09 Management of Companies and Enterprises 14 (82) (85%) $102,572 11 9 (103) 0.12 Educational Services 12 (3) (20%) $25,276 0 1 (5) 0.06 Utilities 0 0 0% $0 0 0 0 0.00 Unclassified Industry 0 0 0% $0 0 0 0 0.00 Mining, Quarrying, and Oil and Gas Extraction <10 Insf. Data Insf. Data Insf. Data (0) 0 3 0.09 Real Estate and Rental and Leasing <10 Insf. Data Insf. Data Insf. Data (0) 1 1 0.06 Arts, Entertainment, and Recreation <10 Insf. Data Insf. Data Insf. Data 0 0 (2) 0.01
  • 6. Industry Jobs Average Wage Agriculture, forestry, fishing and hunting 147 25,273 Educational services 132 23,750 Retail trade 103 16,188 Health care and social assistance 99 15,417 Public administration 91 48,021 Professional, scientific, and technical services 67 60,893 Utilities 60 71,583 Administrative and support and waste management services 55 23,068 Finance and insurance, and real estate and rental and leasing: 52 6,250 Construction 46 51,250 Transportation and warehousing 42 35,833 Manufacturing 39 17,361 Other services, except public administration 39 33,021 Accommodation and food services 38 7,500 Wholesale trade 10 50,833 Mining, quarrying, and oil and gas extraction 8 - Arts, entertainment, and recreation 8 50,000 Information 0 - Management of companies and enterprises 0 - Total 1,036 26,182 Jobs held by Residents of Butte County
  • 7.
  • 8.
  • 9. -9.4 4.3 3.3 -12 -10 -8 -6 -4 -2 0 2 4 6 Butte County, Idaho Idaho UNITED STATES Percent Population Change 2010-2014
  • 10. 17.5 12.4 13 0 2 4 6 8 10 12 14 16 18 20 Butte County, Idaho Idaho UNITED STATES Percent over 65 years old 2014
  • 11. 12.0% 15.3% 11.5% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0% Butte County, Idaho Idaho UNITED STATES Change in Share of 65 and Older 2010-2014
  • 12. $957 $1,212 $1,522 $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 Butte County, Idaho Idaho UNITED STATES Median Monthly Costs Housing Units with a Mortgage
  • 14. 0 20000 40000 60000 80000 100000 120000 140000 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2025 Projected Job Growth* Ages 16-64 Workforce Growth** Workforce Gap 115,000* 52,000** 63,000 * 2015-2025 Extrapolated from 2012-2022, 1.5% annualized long term projection growth, Idaho Department of Labor, November 2015 ** Workforce growth extrapolated from 1.6% annualized population growth, Idaho Department of Labor, November 2015
  • 15. 0 200 400 600 800 1000 1200 1400 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2025 Projected Job Growth* Ages 16-64 Workforce Growth** Workforce Gap 1,315* 4** 1,311
  • 17. Description 2015 - 2025 Change 2015 - 2025 % Change Professional, Scientific, and Technical Services 763 13% Administrative and Support and Waste Management and Remediation Services 397 59% Construction 58 105% Manufacturing 25 53% Retail Trade 25 27% Finance and Insurance 17 41% Wholesale Trade 13 52% Transportation and Warehousing 13 59% Information 10 77% Crop and Animal Production 9 12% Government 4 2% Other Services (except Public Administration) 3 9% Educational Services 1 10% Utilities 0 0% Accommodation and Food Services 0 0% Unclassified Industry 0 0% Health Care and Social Assistance (22) (21%) Mining, Quarrying, and Oil and Gas Extraction Insf. Data Insf. Data Real Estate and Rental and Leasing Insf. Data Insf. Data Management of Companies and Enterprises Insf. Data Insf. Data Arts, Entertainment, and Recreation Insf. Data Insf. Data
  • 18. What Factors Contribute to Unequal Economic Development across Space? • Natural Amenities • Cultural Amenities • Human Capital (Workforce) • Infrastructure • Jobs follow people vs. people follow jobs? • More support for jobs follow people in rural areas • Tax Policy?
  • 19. How Can we Help? • Attract and Retain Talented Workers (or any workers) • Choose Idaho campaign • Local Policy that encourages workers to stay and attracts new ones (i.e. what does your target audience want in a community?) • Create Talent Pipelines within the community • Amenities Matter to Migration • What does a new generation look for? • Infrastructure is important • Physical Infrastructure • Roads, Railways, Air Service • Virtual Infrastructure • Broadband
  • 20. Thank You! • Ethan Mansfield • ethan.mansfield@labor.Idaho.gov • Sources: Economic Modeling Specialists International; US Census Bureau, County Quickfacts; Idaho Department of Labor, Population Projections.