The document profiles the Miami-Dade County economy. It describes the county's large population size and key industries like tourism, healthcare, and education. Tourism is a major driver, with attractions like South Beach bringing in millions of visitors annually. This supports the large food/service industry. The county is also a hub for transportation and international trade. While the recession caused employment declines, the economy has since recovered and grown, with sectors like healthcare and education increasing. Location quotients show industries like air transportation, real estate, and various retail sectors have high concentrations in the county compared to national averages.
Zambia's Labor Market with Cross-National ComparisonsLuis Ramos
This document provides background on Zambia's labor market with comparisons to other countries. It summarizes that Zambia's labor market is dominated by agriculture and has high unemployment. 90% of Zambian workers are in the informal sector, lacking tax payments and benefits. This hampers economic development by reducing tax revenue and firm access to credit. The labor market also has an urban-rural divide with fewer opportunities in rural areas, potential "brain drain" of skilled workers emigrating, and gender disparities with women having fewer opportunities than men. Expanding youth and health issues also impact productivity. International comparisons show how Zambia ranks on business indicators relative to similar developing countries.
Real truth - Canada and United States - GDP - January 2018paul young cpa, cga
GDP is key measurement for a country. Allot is said about GDP, especially by various government. The reality is government gets to much credit for booming economy and too much fault for recession.
There are many factors drive GDP including taxation, business returns, consumer spending and government spending. 2/3 of economies tend to be driven by consumer spending. If you set policies that takes more money out people’s pocket book then that will lead to less consumer spending.
Canada no longer has the fastest growing economy in the G-7 - http://www.gbm.scotiabank.com/English/bns_econ/forecast.pdf
This document provides an offering for the net lease investment of a McDonald's property located in Canton, Georgia. Key details include:
- The 4,024 square foot McDonald's is located on a busy highway with excellent visibility and access.
- McDonald's has approximately 10 years remaining on their 20 year lease and the lease features 10% rent escalations every 5 years.
- The area benefits from strong demographics including an average household income over $100,000 within a 5 mile radius.
- McDonald's is an investment grade rated company which reduces investment risk.
The City of Southfield, Michigan has a population of approximately 73,000 people and is a major commercial and business center in Southeast Michigan. It is home to over 100 Fortune 500 companies as well as industries like automotive, advanced manufacturing, software/IT, and business services. Southfield enjoys a skilled workforce, competitive costs of doing business, and strategic location near Detroit and other cities. The local economy has experienced employment and population growth in recent years, especially in professional and business services industries.
Top industries for women in us – by nailcenter.usNha Huynh
The US labor force has increasingly provided unique opportunities for professional women, and several industries have exemplified this trend. The growing female share of college degrees has benefited women in the workforce. Read more at: http://nailcenter.us/
Orlando’s Economic Boom - Yardi Matrix Multifamily Spring Report 2016Adelina Osan
Rents in the Orlando multifamily market hit new highs in 2016, growing at a rate far exceeding the national average as the local population and economy continued to boom. Strong job growth, led by the tourism industry, and major infrastructure projects fueled demand that outpaced new supply. With transaction volume reaching a record high, investors remained attracted to the market's yield potential despite rising prices. The report forecasts continued rent growth and robust market performance in 2016.
Zambia's Labor Market with Cross-National ComparisonsLuis Ramos
This document provides background on Zambia's labor market with comparisons to other countries. It summarizes that Zambia's labor market is dominated by agriculture and has high unemployment. 90% of Zambian workers are in the informal sector, lacking tax payments and benefits. This hampers economic development by reducing tax revenue and firm access to credit. The labor market also has an urban-rural divide with fewer opportunities in rural areas, potential "brain drain" of skilled workers emigrating, and gender disparities with women having fewer opportunities than men. Expanding youth and health issues also impact productivity. International comparisons show how Zambia ranks on business indicators relative to similar developing countries.
Real truth - Canada and United States - GDP - January 2018paul young cpa, cga
GDP is key measurement for a country. Allot is said about GDP, especially by various government. The reality is government gets to much credit for booming economy and too much fault for recession.
There are many factors drive GDP including taxation, business returns, consumer spending and government spending. 2/3 of economies tend to be driven by consumer spending. If you set policies that takes more money out people’s pocket book then that will lead to less consumer spending.
Canada no longer has the fastest growing economy in the G-7 - http://www.gbm.scotiabank.com/English/bns_econ/forecast.pdf
This document provides an offering for the net lease investment of a McDonald's property located in Canton, Georgia. Key details include:
- The 4,024 square foot McDonald's is located on a busy highway with excellent visibility and access.
- McDonald's has approximately 10 years remaining on their 20 year lease and the lease features 10% rent escalations every 5 years.
- The area benefits from strong demographics including an average household income over $100,000 within a 5 mile radius.
- McDonald's is an investment grade rated company which reduces investment risk.
The City of Southfield, Michigan has a population of approximately 73,000 people and is a major commercial and business center in Southeast Michigan. It is home to over 100 Fortune 500 companies as well as industries like automotive, advanced manufacturing, software/IT, and business services. Southfield enjoys a skilled workforce, competitive costs of doing business, and strategic location near Detroit and other cities. The local economy has experienced employment and population growth in recent years, especially in professional and business services industries.
Top industries for women in us – by nailcenter.usNha Huynh
The US labor force has increasingly provided unique opportunities for professional women, and several industries have exemplified this trend. The growing female share of college degrees has benefited women in the workforce. Read more at: http://nailcenter.us/
Orlando’s Economic Boom - Yardi Matrix Multifamily Spring Report 2016Adelina Osan
Rents in the Orlando multifamily market hit new highs in 2016, growing at a rate far exceeding the national average as the local population and economy continued to boom. Strong job growth, led by the tourism industry, and major infrastructure projects fueled demand that outpaced new supply. With transaction volume reaching a record high, investors remained attracted to the market's yield potential despite rising prices. The report forecasts continued rent growth and robust market performance in 2016.
El crédito agropecuario es un instrumento para resolver las necesidades de financiamiento de corto, mediano y largo plazo para actividades agropecuarias. Las principales instituciones que otorgan crédito agropecuario en México son FIRA y Financiera Rural, las cuales canalizan aproximadamente el 78% del financiamiento público al sector. El crédito agropecuario enfrenta problemas como la baja participación en la producción ejidal y el aumento de la cartera vencida.
El documento proporciona recetas de 10 platillos mexicanos populares: 1) tortas de la barda, 2) mole poblano, 3) hamburguesa, 4) tacos, 5) pescado, 6) camarones, 7) pizza de peperoni, 8) espagueti tres quesos, 9) carne asada y 10) hot dog. Cada receta incluye una lista de ingredientes y pasos para su preparación.
Este documento describe diferentes procesos de fabricación como sinterización, deposición e impresión 3D. La sinterización es un tratamiento térmico de polvos metálicos o cerámicos a baja temperatura para aumentar su resistencia. La deposición es la acción de eliminar excrementos. La impresión 3D u fabricación aditiva permite fabricar objetos de forma automatizada añadiendo capas de material hasta completar la pieza final. Todos estos procesos generan la pieza de forma gradual a partir de capas muy finas.
Jean-Baptiste Lully ( français: [ʒɑ ba.tist ly.li] , né Giovanni Battista Lulli [dʒovanni battista lulli] , 28 Novembre 1632-22 Mars 1687) était un Français d' origine italienne compositeur , instrumentiste et danseur qui a passé la plupart de sa vie professionnelle dans la cour de Louis XIV de France . Il est considéré comme un maître du français baroque style. Lulle désavoua toute influence italienne dans la musique française de la période. Il est devenu un Français sujet en 1661.
L'homme d'affaires canadien Denis Vincent est connu depuis longtemps pour sa contribution étonnante dans de nombreuses industries. Il est le président d'Heli Vincent, fondé en 1997, et a été le moteur de nombreuses opérations immobilières, acquisitions et fusions.
Este documento apresenta um manual de treinamento para uso do software de Sistema de Informação Geográfica (SIG) QGIS. Ele fornece instruções sobre a interface do usuário, criação de mapas básicos, classificação de dados vetoriais e simbologia.
Este documento presenta una rúbrica de evaluación para una asignatura sobre ajuste por inflación financiero. La rúbrica detalla 14 actividades evaluables distribuidas en 4 unidades temáticas, que incluyen elaboración de mapas mentales, cuadros comparativos, ensayos, ejercicios prácticos y participación en foros. Las actividades serán realizadas de forma individual o en equipo, y tendrán diferentes ponderaciones en la calificación final.
The document is a curriculum vitae for Mohammad Faizan Ali. It summarizes his personal and professional experience. He has over 5 years of experience working in IT support and as a telecom technician in Saudi Arabia. His experience includes installing, troubleshooting, and providing support for computer hardware, software, and networking equipment. He is seeking new career opportunities where he can further develop his technical skills.
Russian Salad Recipe | Doing Russian Salads a Right Way | Homemade Olivier saladSafa Recipes
Today we are going to show you Russian Salad Recipe. Russian salad is an important dish in Russian cuisine. It is famous all over the world. It can be used in beginning of the meal. It increases your appetite. It attracts people due to its beauty and health benefits. This Russian salad recipe is the most easy and tasty and will make Russian salad for 2 to 3 persons. Visit this website for more information.
http://www.safarecipes.com/russian-salad-recipe/
Este documento describe las Tecnologías de la Información y la Comunicación (TIC) y las Nuevas Tecnologías de la Información y la Comunicación (NTIC), sus ventajas y desventajas, y su uso en la educación. Las TIC incluyen tecnologías como teléfonos y computadoras, mientras que las NTIC se refieren a protocolos de Internet. El documento explica que las NTIC tienen mayores beneficios como menor costo y mayor acceso a la información. También analiza cómo las TIC pueden mejorar la educación al
Un hombre de 27 años acudió a un centro de salud con fiebre alta, cefalea y escalofríos. Había regresado de Gambia hacía 12 días. Se determinó que tenía paludismo causado por Plasmodium falciparum a través de un examen microscópico de sangre y una prueba de PCR. Se le administró un tratamiento con artemether en el hospital para tratar la infección por paludismo.
This document is a product catalog from Fuji Shoko Co., Ltd, a Japanese company that pioneers ceramic-coated doctor blades for printing. The summary is:
1) Fuji Shoko has over 50 years of experience producing high-quality doctor blades and promises to continue providing reliability and quality.
2) The catalog introduces their various doctor blade products including the flagship K Ceramic Doctor HQ blade that aims to reduce printing stains with high-precision grinding and improved ceramic coating.
3) Specifications and materials for each blade type are provided, showing their commitments to using only top-quality materials and coatings, as well as precise grinding.
The document is an investor presentation for a real estate investment opportunity. It provides an overview of the organization and its global locations and structure. It describes the business model of purchasing properties, marketing them for rent, and managing the properties to generate returns for investors. A current project called Central Suites Tower is presented as a case study, with details on the property and estimated returns of 8-12% annually. Investors are encouraged to contact the organization for more information or questions.
El documento presenta datos sobre los porcentajes mensuales de siembra y cosecha de cebolla en diferentes estados de México y modalidades (riego, temporal, riego+temporal) durante el ciclo otoño-invierno. Incluye tablas con los porcentajes por estado y mes, así como gráficos de barras que muestran los porcentajes totales por mes para algunas modalidades.
Dr. N. Rajanna is an Associate Professor in the Department of Livestock Production and Management at the College of Veterinary Science in Hyderabad, India. He has over 20 years of experience in teaching and research related to dairy cattle nutrition, sheep production, and small ruminant management. He has published 30 research papers, 35 popular articles, and 5 booklets. He is involved in various professional societies and has received several awards for his research work.
Columbus MSA employment was up 8,200 (0.8 percent) from March to June, ahead of Ohio’s increase of 0.4 percent and the U.S. increase of 0.6 percent, according to the Q2 economic update report produced by Columbus 2020. Going into the second half of the year, unemployment in the Columbus Region continued to decline at 4.6 percent, compared to June state and national rates of 5.5 and 6.1, respectively.
The Montgomery-Frederick Housing Market Area economy grew in 2015, adding 8,300 jobs, led by gains in education and health services, leisure and hospitality, and food services. The area has a highly educated workforce and is a center for biotechnology and cybertechnology industries. Unemployment has declined in recent years as resident employment growth outpaced labor force growth. Key industries include scientific research, healthcare, and the federal government.
The DC Development Report is a summary of the major development and construction projects in the District of Columbia. The Washington, DC Economic Partnership (WDCEP) began tracking development activity in 2001 with the hope of creating a comprehensive database that would answer a number of questions in regards to the construction activity in the city. The Report summarizes our entire database of projects, highlights major projects and what lies ahead for development in the District of Columbia.
This update of the DC Development Report is an overview of development activity and of the expansion occurring in DC. As a resource book, it is a compilation of nearly 14 years of data collection and research that provides an overview of an ever-changing development and construction cycle.
The WDCEP performs an annual “development census” in the month of September and receives contributions from more than 100 developers, architects, contractors and economic development organizations. This outreach results in updates to more than 350 projects. While our database of projects is constantly being updated, for the purposes of this publication all data reflects project status, design and information as of September 2014.
In 2014 the WDCEP partnered with CBRE to provide an economic overview of DC and in-depth analysis of the office, retail and residential markets. Although every attempt was made to ensure the quality of the information contained in this document, the WDCEP and CBRE makes no warranty or guarantee as to its accuracy, completeness or usefulness for any given purpose.
El crédito agropecuario es un instrumento para resolver las necesidades de financiamiento de corto, mediano y largo plazo para actividades agropecuarias. Las principales instituciones que otorgan crédito agropecuario en México son FIRA y Financiera Rural, las cuales canalizan aproximadamente el 78% del financiamiento público al sector. El crédito agropecuario enfrenta problemas como la baja participación en la producción ejidal y el aumento de la cartera vencida.
El documento proporciona recetas de 10 platillos mexicanos populares: 1) tortas de la barda, 2) mole poblano, 3) hamburguesa, 4) tacos, 5) pescado, 6) camarones, 7) pizza de peperoni, 8) espagueti tres quesos, 9) carne asada y 10) hot dog. Cada receta incluye una lista de ingredientes y pasos para su preparación.
Este documento describe diferentes procesos de fabricación como sinterización, deposición e impresión 3D. La sinterización es un tratamiento térmico de polvos metálicos o cerámicos a baja temperatura para aumentar su resistencia. La deposición es la acción de eliminar excrementos. La impresión 3D u fabricación aditiva permite fabricar objetos de forma automatizada añadiendo capas de material hasta completar la pieza final. Todos estos procesos generan la pieza de forma gradual a partir de capas muy finas.
Jean-Baptiste Lully ( français: [ʒɑ ba.tist ly.li] , né Giovanni Battista Lulli [dʒovanni battista lulli] , 28 Novembre 1632-22 Mars 1687) était un Français d' origine italienne compositeur , instrumentiste et danseur qui a passé la plupart de sa vie professionnelle dans la cour de Louis XIV de France . Il est considéré comme un maître du français baroque style. Lulle désavoua toute influence italienne dans la musique française de la période. Il est devenu un Français sujet en 1661.
L'homme d'affaires canadien Denis Vincent est connu depuis longtemps pour sa contribution étonnante dans de nombreuses industries. Il est le président d'Heli Vincent, fondé en 1997, et a été le moteur de nombreuses opérations immobilières, acquisitions et fusions.
Este documento apresenta um manual de treinamento para uso do software de Sistema de Informação Geográfica (SIG) QGIS. Ele fornece instruções sobre a interface do usuário, criação de mapas básicos, classificação de dados vetoriais e simbologia.
Este documento presenta una rúbrica de evaluación para una asignatura sobre ajuste por inflación financiero. La rúbrica detalla 14 actividades evaluables distribuidas en 4 unidades temáticas, que incluyen elaboración de mapas mentales, cuadros comparativos, ensayos, ejercicios prácticos y participación en foros. Las actividades serán realizadas de forma individual o en equipo, y tendrán diferentes ponderaciones en la calificación final.
The document is a curriculum vitae for Mohammad Faizan Ali. It summarizes his personal and professional experience. He has over 5 years of experience working in IT support and as a telecom technician in Saudi Arabia. His experience includes installing, troubleshooting, and providing support for computer hardware, software, and networking equipment. He is seeking new career opportunities where he can further develop his technical skills.
Russian Salad Recipe | Doing Russian Salads a Right Way | Homemade Olivier saladSafa Recipes
Today we are going to show you Russian Salad Recipe. Russian salad is an important dish in Russian cuisine. It is famous all over the world. It can be used in beginning of the meal. It increases your appetite. It attracts people due to its beauty and health benefits. This Russian salad recipe is the most easy and tasty and will make Russian salad for 2 to 3 persons. Visit this website for more information.
http://www.safarecipes.com/russian-salad-recipe/
Este documento describe las Tecnologías de la Información y la Comunicación (TIC) y las Nuevas Tecnologías de la Información y la Comunicación (NTIC), sus ventajas y desventajas, y su uso en la educación. Las TIC incluyen tecnologías como teléfonos y computadoras, mientras que las NTIC se refieren a protocolos de Internet. El documento explica que las NTIC tienen mayores beneficios como menor costo y mayor acceso a la información. También analiza cómo las TIC pueden mejorar la educación al
Un hombre de 27 años acudió a un centro de salud con fiebre alta, cefalea y escalofríos. Había regresado de Gambia hacía 12 días. Se determinó que tenía paludismo causado por Plasmodium falciparum a través de un examen microscópico de sangre y una prueba de PCR. Se le administró un tratamiento con artemether en el hospital para tratar la infección por paludismo.
This document is a product catalog from Fuji Shoko Co., Ltd, a Japanese company that pioneers ceramic-coated doctor blades for printing. The summary is:
1) Fuji Shoko has over 50 years of experience producing high-quality doctor blades and promises to continue providing reliability and quality.
2) The catalog introduces their various doctor blade products including the flagship K Ceramic Doctor HQ blade that aims to reduce printing stains with high-precision grinding and improved ceramic coating.
3) Specifications and materials for each blade type are provided, showing their commitments to using only top-quality materials and coatings, as well as precise grinding.
The document is an investor presentation for a real estate investment opportunity. It provides an overview of the organization and its global locations and structure. It describes the business model of purchasing properties, marketing them for rent, and managing the properties to generate returns for investors. A current project called Central Suites Tower is presented as a case study, with details on the property and estimated returns of 8-12% annually. Investors are encouraged to contact the organization for more information or questions.
El documento presenta datos sobre los porcentajes mensuales de siembra y cosecha de cebolla en diferentes estados de México y modalidades (riego, temporal, riego+temporal) durante el ciclo otoño-invierno. Incluye tablas con los porcentajes por estado y mes, así como gráficos de barras que muestran los porcentajes totales por mes para algunas modalidades.
Dr. N. Rajanna is an Associate Professor in the Department of Livestock Production and Management at the College of Veterinary Science in Hyderabad, India. He has over 20 years of experience in teaching and research related to dairy cattle nutrition, sheep production, and small ruminant management. He has published 30 research papers, 35 popular articles, and 5 booklets. He is involved in various professional societies and has received several awards for his research work.
Columbus MSA employment was up 8,200 (0.8 percent) from March to June, ahead of Ohio’s increase of 0.4 percent and the U.S. increase of 0.6 percent, according to the Q2 economic update report produced by Columbus 2020. Going into the second half of the year, unemployment in the Columbus Region continued to decline at 4.6 percent, compared to June state and national rates of 5.5 and 6.1, respectively.
The Montgomery-Frederick Housing Market Area economy grew in 2015, adding 8,300 jobs, led by gains in education and health services, leisure and hospitality, and food services. The area has a highly educated workforce and is a center for biotechnology and cybertechnology industries. Unemployment has declined in recent years as resident employment growth outpaced labor force growth. Key industries include scientific research, healthcare, and the federal government.
The DC Development Report is a summary of the major development and construction projects in the District of Columbia. The Washington, DC Economic Partnership (WDCEP) began tracking development activity in 2001 with the hope of creating a comprehensive database that would answer a number of questions in regards to the construction activity in the city. The Report summarizes our entire database of projects, highlights major projects and what lies ahead for development in the District of Columbia.
This update of the DC Development Report is an overview of development activity and of the expansion occurring in DC. As a resource book, it is a compilation of nearly 14 years of data collection and research that provides an overview of an ever-changing development and construction cycle.
The WDCEP performs an annual “development census” in the month of September and receives contributions from more than 100 developers, architects, contractors and economic development organizations. This outreach results in updates to more than 350 projects. While our database of projects is constantly being updated, for the purposes of this publication all data reflects project status, design and information as of September 2014.
In 2014 the WDCEP partnered with CBRE to provide an economic overview of DC and in-depth analysis of the office, retail and residential markets. Although every attempt was made to ensure the quality of the information contained in this document, the WDCEP and CBRE makes no warranty or guarantee as to its accuracy, completeness or usefulness for any given purpose.
Economic Research Initative Issue #6 Findings and ConclusionsLuis Nieves-Ruiz
The document summarizes the findings of a study on major industry clusters and economic drivers in Orange County, Florida. It identifies four key clusters: healthcare, floriculture/nursery, modeling/simulation/training, and tourism. The healthcare cluster contains over 40,000 jobs across three sub-clusters along Orange Avenue and Colonial Drive. The floriculture/nursery cluster in northwest Orange County contains around 2,500 jobs but may be threatened by suburbanization. The modeling/simulation/training cluster contains over 20,000 jobs in technical fields and appears to be the only true technology cluster.
Did you know total nonfarm payroll employment fell by 701,000 in March 2020, measuring the effects of COVID-19 and efforts to contain it? Employment in leisure and hospitality fell by 459,000, mainly in food services and drinking places. Notable declines also occurred in health care and social assistance, professional and business services, retail trade, and construction.
"The Economic Outlook & Emerging Growth Trends for Miami-Dade County" Hosted by Robert D. Cruz, Ph.D, Chief Economist Miami-Dade County on Friday, March 4 at Versailles Breakfast Club
Seattle Tacoma Demographic and Economic Snapshotjeffpinkerton
The document provides an economic and demographic overview of the Seattle-Tacoma metropolitan area. Some key points:
- The population of the Seattle metro area is over 3.5 million, making it the 15th largest in the US. King County has the largest population at over 2 million.
- The region has experienced rapid population growth over the past 50 years, outpacing national growth rates.
- The metro area has a racially diverse population, with about one-third non-white. It has one of the largest Asian populations in the US at 12% of the total.
- The median household income in the Seattle metro is $64,085, higher than the national median. Higher incomes
KC Conway presented an economic outlook and conditions report to the Fort Bend Economic Development Council. The presentation discussed several topics, including: 1) 2020 Census data showing Texas had the largest population increase and third highest percentage growth; 2) a JOLTS report finding a record high of over 8 million job openings in March 2021; and 3) different types of economic shifts occurring, such as convergence of multifamily housing and divergence of retail trends as online shopping increases. The presentation provided an overview of economic trends in Texas and nationally.
The document discusses economic trends in the United States. It notes that the US economy is divided into eight regions, and the finance, insurance and real estate industry and manufacturing industry make up 37% of GDP. Certain regions and states have experienced stronger growth than others in recent years, led by industries like mining, utilities and information. The largest states by GDP are California, Texas, New York, Florida and Illinois.
Tri-State Regional Workforce Alliance, Economic Report, 2016 UpdateLucas Stewart
Final regional economic report prepared for the Southeast Tennessee Development District and Tri-State Regional Workforce Alliance, Inc. as part of The University of Tennessee, Knoxville's Smart Communities Initiative.
The document summarizes key findings from a business confidence survey conducted in Humboldt County, California. Businesses expressed moderate to high confidence in their own performance but were less confident about the county's overall economy. Export-oriented businesses anticipated growth and increasing wages while locally-oriented businesses expected steady wages with no growth. The unemployment rate had dropped significantly from previous years but businesses still faced challenges finding qualified workers and issues with transportation infrastructure. Overall the data suggested continued job growth, especially in exporting sectors, but barriers around workforce, land, and leadership could hamper further improvement.
Dr. James V. Koch, President Emeritus of ODU, shares an outlook on interconnections of the Hampton Roads and Eastern North Carolina regional economy, highlighting several local issues, and tieing these items to national and global economic trends.
The document is a summary and analysis of data from the 2021 Regional Snapshot report by the Atlanta Regional Commission comparing socioeconomic metrics of the Atlanta metro area to the other largest 100 metro areas in the US. Some key points:
- Atlanta ranked 7th in total jobs in 2020 despite losing 157.5K jobs due to the pandemic, down from 9th in 2019.
- Atlanta ranked 4th in population growth since 2010 and 5th in building permits issued in 2019.
- The metro area ranks more middle of the pack for metrics like income, housing costs, and health insurance rates.
- Atlanta ranks 77th for percentage of white population and 6th for population under age 19, indicating a
The document provides demographic, economic, and labor market data and analysis for Floyd County, Indiana. It summarizes that between 2000-2013, the county's population grew by 8% largely due to natural increase and domestic migration. While the population grew, it also aged as the proportion of residents under 50 declined. The county saw increases in racial, ethnic, and educational diversity over this period. Regarding the economy, the number of establishments doubled from 2000-2011 primarily through new business formation. The top five industries were government, manufacturing, healthcare, retail, and accommodation/food services, employing over 59% of workers. Government and healthcare added jobs while manufacturing and retail lost jobs from 2002-2013.
The total population of Floyd County increased by 8% between 2000 and 2013, driven by natural increase and domestic migration. The population is aging as the proportion of residents under 50 is declining. While remaining mostly white, racial and ethnic diversity is growing slowly. Educational attainment improved with more adults holding college degrees.
An examination of current trends in unemployment with a look at future - what is likely to happen in the labor market. Examines how demographics and population changes will influence jobs, economic growth and economic development
This document provides information on economic indicators and unemployment rates in two regions: the 495/MW region along I-495 and Route 9, and the Greater Franklin Region (GFR) composed of 9 communities. In the 495/MW region, employment, payroll, average wages, and number of establishments all increased from 2012 to 2013. Unemployment rates in the GFR communities continue to decline and are below state and national rates, with the exception of Blackstone. The document also discusses household characteristics in the Greater MetroWest (GMW) region and the composition of family and non-family households.
The document provides data on demographics, economic, and labor market conditions in Lake County from 2000-2012. Some key findings include:
- The population grew 2% to nearly 507,000, primarily through natural increase as out-migration exceeded in-migration. The population is aging as those under 50 declined.
- The number of establishments doubled to over 32,000, mostly through new startups. Most establishments have 1-9 employees.
- The largest industry is health care/social assistance, employing 34,000. Manufacturing and retail also employ over 25,000 each.
The document provides demographic, economic, and labor market data and analysis for Lake County. It shows that between 2000-2012 the population grew modestly due to natural increase, though many young people moved away. The population became more diverse and better educated. The economy saw strong growth in establishments, especially small businesses. Top industries like healthcare and manufacturing declined slightly while others like construction grew. Office and administrative jobs make up the largest occupation.
The document provides demographic, economic, and labor market data and analysis for Lake County. It shows that between 2000-2012 the population grew modestly due to natural increase, though many young people moved out. The population is aging and becoming more diverse. The number of establishments doubled from 2000-2011 primarily through new business formation. Health care and social assistance is the largest industry, providing the most jobs. Office and administrative support and sales are the top occupations. Educational attainment among residents has increased.
2. 2
Introduction
Miami-Dade County is settled at the Southern tip of Florida spanning over 2,000 square
miles, making it one of the largest counties in the country.Of the 2.6 million people that live
in this county,most of them are employed with foodand service industries.
Much of this county is dominated by coastal land, while the other large majority is taken by
the Everglades. Such access to waterwaysallows this county to be a major hub for water
transportation. A large portion of income the county receives comes from being able to
import and export out of their shipyards.
Miami Beach, specifically South Beach, is world-renowned.With their picturesque beaches
and art deco style hotels, South Beach attracts nearly 15 million visitors per year1. This
explains the high levelof foodand service industry employment.
Being such a major city,sports teams draw in travellers from all around to comesee games.
This county is home to the Miami Marlins, the Miami Heat, the Miami Dolphins and the
Florida Panthers. Also, the University of Miami is well knownfor their football team, which
reaches fans far outside of the county.
With more than 16,000 students, the University of Miami is located in the city of Coral
Gables, just south of Miami Beach. Along withbeing a nationally ranked university, the
University of Miami is known forbeing on the cutting edge of medical research withtheir
school of medicine being ranked in the top 40 National Institutes of Health in the country2.
The university is also the largest employer in the county employing almost 13,000 people.
The county also houses many other public and private universities.
The second largest employer in the county is Baptist Health South Florida withover 11,000
employees. Because of the high level of tourism the county receives, it makes sense that
American Airlines, employing over 11,000 people, is the third largest employer in the
county.Also, Carnival Cruises comes in at number fouremploying 3,500 people3.
The next section will provide insight into the Miami-Dade County economy.This includes
employment trends, important industries and commuting patterns. The report will
conclude withpolicy recommendations to further improve on the economic development
efforts.
3
3 http://www.partners.miamiandbeaches.com
2 http://www.miami.edu
3 http://www.beaconcouncil.com
3. 3
Profile of theMiami-DadeCountyEconomy
Employment in Miami-Dade County grew about 5 percent between 2001 and 2014 from
about 998,000 to 1.05 million (Chart 1). Employmentdeclined drastically, about 6 percent,
between 2008 and 2010 due to the national recession. After declining to a low of about
947,000 in 2010, employment steadily increased each followingyear by about 2.5 percent
and is now at an all-time high.
Chart 1. Miami-Dade County Total Employment
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages
In chart 2, wesee total employment trends in the United States between 2001 and 2014. We
see the impact of the national recession between 2008 and 2010. During this time, 5 percent
of total employment was lost. As stated earlier, Miami-Dade County observed slightly higher
levels of employment loss during the recession at about 6 percent.
Chart 2. United States Total Employment
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages
880,000
900,000
920,000
940,000
960,000
980,000
1,000,000
1,020,000
1,040,000
1,060,000
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
122,000,000
124,000,000
126,000,000
128,000,000
130,000,000
132,000,000
134,000,000
136,000,000
138,000,000
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
4. 4
Miami-Dade County trade, transportation and utility wages have grown almost
perfectly in sync with national averages while remaining slightly higher in each
year. In 2001, wages are almost exactly the same (Chart 3). After 2002, we see
Miami-Dade County begin to emerge with a faster growth rate than the national
average, reaching the largest gap in wages in 2006 with Miami-Dade County having
a wage 6 percent higher than the national average.
Chart 3. Average Weekly Trade, Transportation and Utility Wage, U.S. and Miami-Dade
County
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages
Chart 4 displays employment data from the Bureau of Economic Analysis (BEA).This gives a
more accurate depiction of real employment in a given industry. These growth patterns
differ fromChart 1 due to their constant increase in employment. We observed Miami-Dade
County suffer significant employment losses across all sectors during the national recession,
yet these sectors appear relatively unaffected.Educational services suffered slightly in 2010
but are since increasing.
Chart 4. Miami-Dade County Selected Sector Employment, Healthcare and Educational
Services
0
100
200
300
400
500
600
700
800
900
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Miami-Dade National
5. 5
Source: Bureau of Economic Analysis, Total Full-Time and Part-Time Employment by NAICS
Industry
The North American Industry Classification System (NAICS) classifies business
establishments. NAICS considers wholesale trade as establishments focusing on wholesaling
merchandise. This includes outputs of mining, manufacturing and agriculture. Retail trade is
classified as retailers with a fixed location.These stores typically sell merchandise to the
general public. 4 Chart 5 shows employment trends in these industries more closely follow
the national trend of employment.
Chart 5. Miami-Dade County Selected Sector Employment, Wholesale and Retail Trade
4 bea.gov
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Healthcare Educational Services
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Wholesale Trade Retail Trade
6. 6
Source: Bureau of Economic Analysis, Total Full-Time and Part-Time Employment by NAICS
Industry
Chart 6 examines the national averages in Wholesale Trade, Retail Trade, Educational
Services and Health Care and Social Assistance.
Chart 6. United States Selected Sector Employment
Source: Bureau of Economic Analysis, Total Full-Time and Part-Time Employment by NAICS
Industry
Chart 7 gives a clearer visual of the four major selected sectors for Miami-Dade County.
These patterns are consistent with the growth rates seen in the national employment data.
Between 2008 and 2009, in the retail trade sector wesee a 4 percent drop in employment in
Chart 7, while we observe a 6 percent drop in the national employment average in the same
sector in Chart 6. From 2001 to 2014, the health care and social assistance sector grew
about 27 percent nationally, but grew 32 percent in Miami-Dade County.
Chart 7. Miami-Dade County Selected Sector Employment
0
5,000,000
10,000,000
15,000,000
20,000,000
25,000,000
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Wholesale Trade Retail Trade
Educational Services Health Care and Social Assistance
7. 7
Source: Bureau of Economic Analysis, Total Full-Time and Part-Time Employment by NAICS
Industry
Location quotients (LQ’s) are used to measure the relative concentration of employment in
a given region.5 An LQ that is higher than one indicates that there is a higher percentage of
employment in that region than the United States does as a whole. The higher the LQ,the
more presence that industry holds in the county.Table 1 displays industries in Miami-Dade
County that have higher than average locationquotients. Air transportation has an
extremely high LQ with 4.75. Several different types of stores also hold a significant
presence in Miami-Dade County with their location quotients spanning from1.13 to 2.10.
Real estate and merchant wholesalers have locationquotients between 1.69 and 1.82,
meaning they have a 69 to 82 percent higher concentration in Miami-Dade County than the
national average. Insurance carriers and credit intermediation activities have a slightly
higher concentration in Miami-Dade County than the national average.
Table 1. Miami-Dade County High Concentrated Industries
NAICS Sub-Sector Employment
Average
Wages LQ
NAICS 483 Water transportation 8,804 $79,498 16.54
NAICS 481 Air transportation 15,894 $74,452 4.75
NAICS 515 Broadcasting, except internet 5,264 $90,304 2.57
Source: Bureau of Labor Statistics, Quarterly Census of Employment
and Wages
5
US
US
local
local
LQ
empltotal
emplsector
empltotal
emplsector
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Wholesale Trade Retail Trade
Educational Services Health Care and Social Assistance
8. 8
Table 1. Miami-Dade County High Concentrated Industries
NAICS 443 Electronics and appliance stores 7,728 $40,542 2.10
NAICS 424 Merchant wholesalers, nondurable goods 27,234 $58,857 1.82
NAICS 446 Health and personal care stores 13,466 $33,550 1.77
NAICS 531 Real estate 19,095 $50,513 1.69
NAICS 442 Furniture and home furnishings stores 4,932 $34,696 1.46
NAICS 315 Apparel manufacturing 1,303 $32,861 1.30
NAICS 445 Food and beverage stores 28,783 $22,106 1.27
NAICS 522 Credit intermediation and related activities 22,288 $79,248 1.19
NAICS 524 Insurance carriers and related activities 18,786 $70,398 1.14
NAICS 452 General merchandise stores 26,163 $22,770 1.13
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages
Due to the coastal access of the county,it is not surprising that water transportation has an
extremely high location quotient. Much of the country does not have as much access to the
water; therefore the concentration in this county is extremely significant.
Miami-Dade County is a destination visited frequently from people around the world.Air
transportation is an industry that has a concentration almost 5 times higher than the
national average. American Airlines, one of the countries largest airlines, has a hub in this
county as well, employing thousands of people.
Retail-related sectors hold the majority of the sectors with a high location quotient. This is
not surprising due to the amount of tourism in this county.
Real estate has a 69 percent higher concentrationin Miami-Dade County than the national
average. The climate in this county makes it an ideal locationto live or buy additional
vacationproperty.
Table 2 displays sectors in Miami-Dade County with locationquotients of .25 or less. This
means that these industries only have 25 percent or less of a concentrationin Miami-Dade
County than the national average.
We see here that manufacturing is not a front-running industry in Miami-Dade County.
Primary metal manufacturing has a location quotient of only .16. It is slightly surprising that
animal production and aquaculture has a location quotient of only .07 because of all of their
access to water.
It seems as though the retail stores that are so abundant in this county are importing their
merchandise from outside of the county.
Table 2. Selected Miami-Dade County Low Concentrated Industries
NAICS Sub-Sector Employment Average Wages LQ
NAICS 321 Wood product manufacturing 613 $30,191 0.25
NAICS 336 Transportation equipment manufacturing 2859 $53,858 0.24
Source: BLS, Quarterly Census of Employment and Wages
9. 9
Table 2. Selected Miami-Dade County Low Concentrated
Industries
NAICS 313 Textile mills 268 $43,977 0.24
NAICS 333 Machinery manufacturing 1941 $40,419 0.21
NAICS 115 Agriculture and forestry support activities 1401 $21,459 0.20
NAICS 316 Leather and allied product manufacturing 49 $45,412 0.16
NAICS 331 Primary metal manufacturing 447 $82,556 0.16
NAICS 112 Animal production and aquaculture 124 $46,631 0.07
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages
Miami-Dade County employment trends follow the national employment trends. Referring
to charts 1 and 2, total employment dipped during the national recession and has been on
the rise since. Earnings by place of residence have risen more quickly than earnings by place
of work (Chart 8). Both earnings by place of residence and earnings by place of work
suffered the most in 2009 after being on a steady increase since 2001. Between 2009 and
2012, earnings by place of residence grew more rapidly than earnings by place of workwith
a growth rate of 15 percent, compared to 11 percent. This means that people that livein the
county (whomay or may not work in the county) havehigher earnings growth than those
whowork in Miami-Dade County (whomay or may not live in the county).This could be
because of the geographic make-up of the county.Many jobs in coreindustries are located
near the southeast corner of the county,so commuting to other counties wouldbe too far.
Chart 8. Miami-Dade County Earnings by Place
Source: Bureau of Economic Analysis, Total Full-Time and Part-Time Employment by NAICS
Industry
Table 3. Miami-Dade County Highest Paying Sectors
0
20,000,000
40,000,000
60,000,000
80,000,000
100,000,000
120,000,000
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings By Place of Work Earnings By Place of Residence
10. 10
NAICS Sub-Sector Employment Annual Wages
NAICS 523 Securities, commodity contracts, investments 7,927 $186,979
NAICS 551 Management of companies and enterprises 9,360 $117,922
NAICS 221 Utilities 2,333 $108,490
NAICS 711 Performing arts and spectator sports 5,305 $97,862
NAICS 515 Broadcasting, except internet 5,406 $90,304
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages
Chart 9. Miami-Dade County Labor Force and Employment
Source: Bureau of Labor Statistics, Local Area Unemployment Statistics
Chart 9 shows the employment and labor forcerates as of December of each year between
2005 and 2015. The labor forcein Miami-Dade County has been growing at a relatively
constant rate, with growthan overall growthrate of about 13 percent from2005 to 2015.
While employment has an overall growthrate of 10.5 percent between 2005 and 2015, it
tooka sharp decline of about 12 percent from 2007 to 2009, around the time of the national
recession.
Table 4. Miami-Dade County Regional Shift-Share Analysis
NAICS Sub-Sector 2012 2015 NS IM RS
NAICS 111 Crop production 6,269 6,242 395 -97.39 -325
NAICS 112 Animal production and aquaculture 122 134 8 1.28 3
NAICS 115 Agriculture and forestry support activities 768 627 48 -40.99 -148
NAICS 212 Mining, except oil and gas 340 403 21 -53.22 95
NAICS 221 Utilities 2,826 2,373 178 -157.07 -474
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages
0
200000
400000
600000
800000
1000000
1200000
1400000
1600000
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Labor Force Employment
11. 11
Table 4. Miami-Dade County Regional Shift-Share Analysis
NAICS 236 Construction of buildings 6,776 9,605 427 651.69 1750
NAICS 237 Heavy and civil engineering construction 4,691 5,096 296 132.09 -23
NAICS 238 Specialty trade contractors 18,579 24,326 1170 1675.11 2901
NAICS 311 Food mfg. 4,376 4,549 276 -129.62 27
NAICS 312 Beverage and tobacco product mfg. 775 858 49 78.7 -45
NAICS 313 Textile mills 303 216 19 -21.27 -85
NAICS 314 Textile product mills 602 622 38 -40.68 23
NAICS 315 Apparel mfg. 1,234 1,303 78 -185.47 177
NAICS 316 Leather and allied product mfg. 83 35 5 -7.77 -45
NAICS 321 Wood product mfg. 576 738 36 31.02 95
NAICS 322 Paper mfg. 1,029 1,162 65 -89.1 157
NAICS 323 Printing and related support activities 2,668 3,012 168 -234.32 410
NAICS 324 Petroleum and coal products mfg. 953 746 60 -63.51 -204
NAICS 325 Chemical mfg. 2,214 2,349 139 -82.93 78
NAICS 326 Plastics and rubber products mfg. 1,599 1,588 101 -2.95 -109
NAICS 327 Nonmetallic mineral product mfg. 2,279 2,594 144 31.39 140
NAICS 331 Primary metal mfg. 410 479 26 -36.46 80
NAICS 332 Fabricated metal product mfg. 3,886 4,884 245 -118.83 872
NAICS 333 Machinery mfg. 1,541 1,852 97 -75.43 289
NAICS 334 Computer and electronic product mfg. 2,748 2,841 173 -276.89 197
NAICS 335 Electrical equipment and appliance mfg. 949 968 60 -38.14 -3
NAICS 336 Transportation equipment mfg. 3,076 3,046 194 114.23 -338
NAICS 337 Furniture and related product mfg. 1,735 2,012 109 20.83 147
NAICS 339 Miscellaneous mfg. 2,729 3,030 172 -131.02 260
NAICS 423 Merchant wholesalers, durable 31,594 31,601 1990 -870.5
-
1113
NAICS 424 Merchant wholesalers, nondurable 25,757 27,234 1623 -644.66 499
NAICS 425 Electronic markets and agents and brokers 7,417 6,560 467 -176.69
-
1148
NAICS 441 Motor vehicle and parts dealers 13,578 15,345 855 634.75 277
NAICS 442 Furniture and home furnishings stores 4,414 4,932 278 3.54 236
NAICS 443 Electronics and appliance stores 7,296 7,728 460 -453.34 426
NAICS 444 Building material and garden supply stores 7,042 8,890 444 25.13 1379
NAICS 445 Food and beverage stores 24,669 28,783 1554 142.43 2417
NAICS 446 Health and personal care stores 12,347 13,466 778 -242.63 584
NAICS 447 Gasoline stations 2,965 3,406 187 21.02 233
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages
12. 12
Table 4. Miami-Dade County Regional Shift-Share Analysis
NAICS 448 Clothing and clothing accessories stores 21,959 21,932 1383
-
1999.06
589
NAICS 451 Sporting goods, book and music stores 3,545 4,210 223 63.16 379
NAICS 452 General merchandise stores 23,026 26,163 1451 -666.56 2353
NAICS 453 Miscellaneous store retailers 7,496 7,344 472 -184.68 -440
NAICS 454 Nonstore retailers 2,763 2,811 174 241.49 -368
NAICS 481 Air transportation 13,704 15,894 863 -987.11 2314
NAICS 483 Water transportation 8,888 8,804 560 -349.84 -294
NAICS 484 Truck transportation 4,339 5,102 273 47.91 442
NAICS 485 Transit and ground passenger transport. 2,442 2,601 154 39.88 -35
NAICS 487 Scenic and sightseeing transportation 228 295 14 9.57 43
NAICS 488 Support activities for transportation 17,847 19,794 1124 1108.03 -285
NAICS 491 Postal service 4 14 0 0.7 9
NAICS 492 Couriers and messengers 6,628 7,161 418 332.34 -217
NAICS 493 Warehousing and storage 2,509 3,078 158 348.24 63
NAICS 511 Publishing industries, except internet 2,006 2,214 126 -159.26 241
NAICS 512 Motion picture industries 2,348 2,685 148 48.61 140
NAICS 515 Broadcasting, except internet 5,072 5,264 320 -449.8 322
NAICS 517 Telecommunications 5,951 5,836 375 -728.86 239
NAICS 518 Data processing and related services 896 884 56 98.48 -167
NAICS 519 Other information services 892 826 56 291.38 -414
NAICS 522 Credit intermediation and related
activities
21,303 22,288 1342
-
1450.29
1039
NAICS 523 Securities and investments 7,471 7,560 471 347.17 -729
NAICS 524 Insurance carriers and related activities 15,028 18,786 947 353.46 2458
NAICS 531 Real estate 17,623 19,095 1110 250.38 111
NAICS 532 Rental and leasing services 5,384 5,164 339 -1.25 -558
NAICS 533 Lessors of nonfinancial intangible assets 61 73 4 -4.47 13
NAICS 541 Professional and technical services 61,122 68,362 3851 1640.41 1749
NAICS 551 Management of companies and
enterprises
7,844 9,066 494 265.94 462
000 TOTAL 481,594 528,941 30339 -2201.7 19151
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages
13. 13
Table 5. Miami-Dade County Core Industry Sectors
NAICS Sub-Sector 2015
Growth
from 2012 NS IM RS
NAICS 425 Electronic markets 6,560 857 467 -176.69 -1148
NAICS 221 Utilities 2,373 453 178 -157.07 -474
NAICS 532 Rental and leasing services 5,164 220 339 -1.25 -558
NAICS 324 Petroleum products mfg. 746 207 60 -63.51 -204
NAICS 453 Miscellaneous store retailers 7,344 152 472 -184.68 -440
NAICS 115 Agriculture and forestry support activities 627 141 48 -40.99 -148
NAICS 517 Telecommunications 5,836 115 375 -728.86 239
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages
Table 6. Miami-Dade County Commuting Patterns
Residence Countyof Miami-Dade County Workers
2014
Count Share
Total Primary Jobs 991,987 100.0%
2014
Count Share
Miami-Dade County, FL 743,205 74.9%
Broward County, FL 147,522 14.9%
Palm Beach County, FL 28,430 2.9%
Orange County, FL 8,479 0.9%
Hillsborough County, FL 7,094 0.7%
Lee County, FL 6,065 0.6%
Monroe County, FL 5,685 0.6%
Collier County, FL 3,454 0.3%
St. Lucie County, FL 3,243 0.3%
Brevard County, FL 3,001 0.3%
All Other Locations 35,809 3.6%
Table 6 represents where workers in Miami-Dade County live. We see almost 75 percent of
people workingin the county also live in the county.Broward County, whichis just North of
Miami-Dade County, accountsfor about 15 percent
Strengthsand Weaknesses
When it comes to overallemployment, we see the trend in Miami-Dade County follow the
national trend. Employmentin this county is continuously growing with each year. This
gives Miami-Dade County the opportunity to grow their less prominent sectors and
capitalize those markets.
Based on the data, we can see that tourism and the county’s proximity to water drive most
major sectors in Miami-Dade County. We see extremely high locationquotients in both air
and water transportation, and the lowest locationquotient in animal production and
aquaculture. This could be an opportunity forthe county to develop this sector. With the
14. 14
amount of water surrounding the county and the everglades, there is an opportunity for this
to be a prominent industry in the county.
Health care and education are also large industries in Miami-Dade County. Unfortunately,
educational employment is a difficultindustry to keep growing withoutadding more
schools or increasing budgets.
Surprisingly, employment growthfrom 2012 to 2015 was the highest in the electronic
markets sector. With a growth rate of 13 percent in just three years, this could be an
opportunity forMiami-Dade County to grow this sector even further. With high location
quotients in sectors involvingtransportation, we see that this county is bringing in a lot of
jobs in the transportation market. Therefore, they should be focusedon heavily.
Most workers in Miami-Dade County live in the county with the second most workers
coming from Broward County. Fort Lauderdale, another large tourist destination, is located
in Broward County. Other than that, Miami-Dade County is not doing a very good job
bringing in workers fromcounties other than its own and Broward County. The county
being mostly surrounded by the ocean and the everglades could probably explain this.
Policy Recommendations
Although employment as a whole has been steadily increasing since the national recession,
it is alwaysimportant to focus on job production and growth.Agriculture and forestry
support activities is one of the faster growing industries in the county with a 22 and a half
percent increase in jobs from 2012 to 2015. Although there are less than a thousand jobs in
this industry, with the amount of access to land and agricultural opportunities in this
county,this has the potential to grow into a prominent industry. Going along withthis,
animal production and aquaculture has the lowestlocation quotient in the county. The
building up of agriculture and forestry could also influence the animal production and
aquaculture sector.
With the amount of tourism in the county,it is surprising that general merchandise stores
only has a locationquotient of 1.13. It is recommended to add more general merchandise
stores to the county because there is a large market for these types of stores. Electronics
and appliance stores have one of the largest locationquotients in the county,so this could
be another instance where one sector could benefit from the other.
Various manufacturing industries have very low locationquotients, meaning that they are
not major sectors in this county.Five out of the eight sub-sectors with the lowest LQ’s are
manufacturing industries. These jobs also only make up a small percentage of the labor
forcein Miami-Dade County. Perhaps funding forthese manufacturing industries should be
used elsewhere in sectors that have more of a potential to grow. One option would to be to
use the money used to fund manufacturing sectors and use it to grow more general
merchandise stores. More general merchandise stores attract customers, creating a
multiplier effectforthe community.