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15. Population, Employment, Earnings & Personal Income TrendsIII � I I IILL 14 MMI Sonoran Institute Northwest Office 201 S. Wallace Bozeman, Montana 59715 Tel (406) 587-7331 Fax (406) 587-2027 www.sonoran.org April 30, 2002 Flathead County, MT Objectives Summary Findings P-1 Population Trends P-3 Employment Trends P-5 Personal Income P-9 Trends in Earnings Per Job P-12 Another Way to Look at Industry Groupings P-13 Non -Labor Sources of Income P-15 Agriculture P-17 Commuting P-19 Business Establishments by Size P-20 Unemployment Trends P-21 Data Sources P-22 Methods P-23 Glossary P-27 Flathead County, MT Population • From 1970 to 1999 Flathead County, MT grew by 33,057 people, a 83% increase in population. Net Income Growth or Decline by Major Category • From 1970 to 1999 the fastest growing component of personal income, in real terms, was from Non -Labor Sources. • The second fastest component was Services and Professional. Average Earnings • Average earnings per job, in real terms, dropped from $28,288 in 1970 to $22,392 in 1999. 80 70 60 rn 50 `a 40 rn L 30 F- 20 10 0 ^I r\� I� I� 1� 1� Ic 1� 1� 1� 1� 1� 15 1� 1� .11 500 ca tv — E o0 M 400 — am N 0 300 `m 0 � ,o 200 iI1If 0 NI Nq, Nq Aq N011 NO, Ncb �� N(:b Ncb �� Ncb Ncb Noi CO $35 0 $30 OR $25 to w $20 0 � $15 CO $10 0 0 $5 s C $- ,`O 1� 1X 0 '�4' 4�° R>rl' 0� 'brO 4`b C° �rl' ��` �rO 0� Nq Average wage and salary disbursements - - - Average earnings per job (dollars) — - Average nonfarm proprietors' income 72,773 Non -Labor Sources (investments, retirement, etc.) Services and Professional �— Manufacturing (Ind. forest products) "06*000"mGovemment —X construction -*—Farm and Ag. Services Mining 23,342 22,392 14,299 P-1 Flathead County, MT Components of Transfer Payments • In 1999, 69% of Transfer Payments were from age - related sources (retirement, disability, insurance payments, and Medicare). 6% was from welfare. Net Farm Income • Net income from farming and ranching dropped from $11 million in 1970 to -$1 million in 1999. New Firms by Employment Size 1990 to 1999 • From 1990 to 1999 the majority of new businesses established in Flathead County, MT were small, with fewer than 20 employees. Annual Average Unemployment Rate Comparing County to State • In 2000, the unemployment rate in Flathead County, MT was 6.1 %, compared to 4.9% for the state and 4.0% for the nation. 20.0 L C0 15.0 0 10.0 5.0 0 v, - c (5.0) (10.0) w aD a� a 0 Q E w 0 L M E 3 z 1999 Age -related (Retirement, Disability & Medicare) 69% Income Maintenance (Welfare) 6% Other 25% ,�O ^r ^b` ^b ^Cb �O �N JCL �b �W �(Z) �N 1000 or more 500-999 250-499 100-249 50-99 20-49 10-19 5-9 1-4 0 100 200 300 400 500 600 Number of Firms R� °0, 5P °� °,1 �0 0A °(b 0°' °° 0 0 0 0 0 ' 4 ' C 'moo'' 0 0 `L° County - - - State -- - United States P-2 Age Breakout in 2000 The median age in Flathead County, MT is 39.0 years old, compared to 37.5 in the state and 35.3 in the nation. Trends Retirement age category has been stable. Race Breakout Race is broken out two ways. The Hispanic breakout is separate because Hispanics can be of any race. Household Type • Flathead County, MT has a higher owner occupancy rate than the state. 18% 16% 14°% 12% 10°% 8% 6% 4% 2% 0% o o� A� o� o� o� o� o��§ h� h� c�` p� 1b 5� 4r % % of % Chg 1990 - % Ghg per Yew 1990 Total 2000 % of Total 2600 1990 - 2t100 Population 59,218 74,471 26°% 26°% Male 29,316 50% 36,911 50% 26% 2.6% Female': 29,902 50% 37,560 60% 26% 2.6"% llnder the; age of 20 18,068 31°% 21,186 28% 65:years arld over 7,716 13°% 9,656 13% Median Aqs 39.0 County o of Total State % of Total White 71,689 96.3% 817,229 90.6% Black or AfricanAinerican... 113 0.2% 2,692 0.3% Arr�ericanandian &Alaska Native 856 1.1% 56,068 6.2% ASian 346 0.5% 4,691 0.5% Native Hawaiian &:Other. Pacific lsMer 44 0.1% 470 0.1'% Someotherrace :i 305 0.4% 5,315 0.6% Two or more races: 1,118 1.5% 15,730 1.7% His parnc,orLatmo4ofAny ;race ). 1,061 1.4% 18,081 2.0% Not. Hispanic or Latino 73,410 98.6% 884,114 P-3 Population From 1970 to 1999 Flathead County, MT grew by 33,057 people, a 83% increase in population. Compared to State and the Nation Since 1970, the population in Flathead County, MT has grown faster than the state and faster than the nation. 80.0 70.0 60.0 50.0 C CO 40.0 0 30.0 20.0 10.0 0.0 I� I� I� 'I', 1� 1o� "C"i 2.00 1.80 u 1.40 t 0 1.20 - _ r' - --- 1.00 a�i 0.80 x 0.60 0.40 0.20 0.00 United States - - - Montana -Flathead County, MT P-4 Flathead County, MT Job Growth (See next page) • From 1970 to 1999, 31,277 new jobs were created. • Services and Professional accounted for 23,395 new jobs. • Construction accounted for 3,172 new jobs. Jobs 1970 & 1999 • In 1970, the largest employment sectors were Services and Professional (53%) and Manufacturing (incl. forest products) (21 %). • In 1999 the largest employment sectors were Services and Professional (67%) and Manufacturing (incl. forest products) (10%). 1970 Services and Professional 52.8% 1999 Services Professic 67.5% Construction 4.3% Construction ent Farm and Agricultural Services 5.8% Mining 0.3% cturing (incl. products) 11 4% Government Rio Farm and kgricultural Services 3.9% Mining 0.4% lanufacturing (incl. forest products) 10.2% P-5 Flathead County, MT Services & 16.0 Professional 14.0 The fastest growing Services categories under Services and Professional are- 10.0 - - - Retail trade 4, o , Services (which includes o 8.0 - - -Finance, ins. health, business, legal, & r, estate engineering and 6.0 management services) ° ' "' "'"'Transport. & represent 32% of total , ' pub. utilities employment in 1999. 4.0 -X Wholesale trade 2.0 3f ' X4 Retail Trade accounts for 0.0 21 % of total employment. Ao Art. 1lx ,`ro ,`2> �o %rO Employees vs. 35 Proprietors 33.286 30 From 1970 to 1999, the majority of job growth, 68% 25 of new jobs, has been in Wage and wage and salary employment a 20 salary (people who work for o someone else). - - - Proprietors 15 __ Employment of proprietors 10 contributed to 32% of new employment from 1970 to 5 1999. In 1970, proprietors represented 22% of total 0 employment; by 1999, they ,\o Ali 1� 10 1lo �O ��. _ro %10 c o,`t. 0 orb p represented 29%. �°� No No' N.o No °b ^o N°' �°� �°� N6 1No N°' 10 0 Proprietors include sole ownerships, partnerships, and tax-exempt cooperatives. Wage and salary employment refers to employees. P-6 Flathead Countv. MT 35 30 rn IS 25 m O f✓ 20 N a E 10 z 5 0 13 0� �h �N �3 �h b1 Services and Professional - - - Manufacturing (incl. forest products) ■ Government Construction - X Farm and Agricultural Services �-Mining 1970 % of Total 1999 % of Total New Employment % of New Employment Total Employment 15,627 46,904 31,277 Wage and Salary Employment 12,143 77.7% 33,286 71.0% 21,143 67.6% Proprietors' Employment 3,484 22.3% 13,618 29.0% 10,134 32.4% Farm and Agricultural Services 899 5.8% 1,823 3.9% 924 3.0% Farm 730 4.7% 1,051 2.2% 321 1.0% Ag. Services 169 1.1 % 772 1.6% 603 1.9% Mining 40 0.3% 210 0.4% 170 0.6% Manufacturing (incl. forest products) 3,345 21.4% 4,799 10.2% 1,464 4.6% Services and Professional 8,258 52.8% 31,653 67.5% 23,395 74.8% Transportation & Public Utilities 1,327 8.5% 2,108 4.5% 781 2.5% Wholesale Trade 501 3.2% 1,169 2.5% 668 2.1% Retail Trade 2,831 18.1% 9,722 20.7% 6,891 22.0% Finance, Insurance & Real Estate 1,115 7.1% 3,855 8.2% 2,740 8.8% Services (Health, Legal, Business, Others) 2,484 15.9% 14,799 31.6% 12,315 39.4% Construction 674 4.3% 3,846 8.2% 3,172 10.1% Government 2,411 15.4% 4,573 9.7% 2,162 6.9% Agricultural Services include soil preparation services, crop services, etc. It also includes forestry services, such as reforestation services, and fishing, hunting, and trapping. Manufacturing includes paper, lumber and wood products manufacturing. P-7 Flathead County, MT - Federal, civilian- - - Military---+-- State and local P-8 Flathead County, MT 700 -- '+.....'.�" Non -Labor Sources (investments, 600 retirement, 00 etc.) + + + Services and Professional 500 i O - Manufacturing v 400 wi(Incl. forest products) eNO - O 300 0 or-•- .i .:.. Government � C 200 + i _..-yf -•Construction 100 o. {�: ..... .. .: Fl ^^^�-rvi and Ag. ... .... : : ;: Services Se 0 JI� A �f0 � �� �� �� OJT OJ� �� �� Mining % of % of New Income: _ . Total in Total in : 1970 to °% of New All. figures in,millions:of 19991dollarIs 1970 1970 1999 1999 1999 Income Total Persona(Incone" 592 1,620 1,028 Farm and Agricultural Services 18 3.0°% 13 0.8% -1016 Farm 14 2.4% 3 0.2% A Ag. Services 3 0.6% 10 0.6% Mining 2 0.3% 6 0.4% 5: 0.4% Manufacturing (�ncl. forest products) 122 20.6% 164 10.1 % 42f 4% Services and Professidfiall. 210 35.4% 616 38.0% 406: 39% Transportation & Public: Utilities 55 9.2% 77 4.7% 22 2°G Wholesale Trade 17 2.9% 31 1.9% 14 1% Retail Trade 70 11.8% 144 8.9% 74 7% Finance; Insurance & Real Estate 13 2.2% 70 4.3% 58! 6% Services (Health, Legal, Business; Otbers) 55 9.3% 294 18.1 % 239 - 250b Construct -ton 25 4.1 % 100 6.2°% 76 7% Government 66 11.2% 152 9.4% 85 - 8% Non -Labor income 156 26.3% 660 40.7% 5t15 490% Dividends, Interest & Rent 94 15.9°% 418 25.8% 324 32% TransferiPavments 62 10.4% 242 14.9% 18:0 1.8% *The sum of the above categories do not add to total due to adjustments made for place of residence and personal contributions for social insurance made by the U.S. Department of Commerce. P-9 Flathead County, MT Net Change by Major 600 Category $505 500 • From 1970 to 1999 Flathead n `—° 400 $406 County, MT added $1,028 F million in personal income, in c 300 real terms. rn — rn m 0 0 200 U) U) c a- 0 100 $76 $85 • Non -Labor Sources accounted $42 $5 _. for 49% of new income. 0 - $(5) -100 _ - ¢c c o°'y �c� roc o o0 • The second fastest growth was c�0J` in Services and Professional Q Uoc v cameo; p v =oc 3c� G'oc' New Income by Type 1970 & 1999 • In 1970, Non -Labor Income sources represented 26% of total personal income. By 1999, they comprised 41 %. • In 1999, Dividends, Interest and Rent represented 26% of total personal income. Transfer Payments comprised 15%. Um Labor income 59% nividends, est & rent 26% ansfer yments 15% Non -Labor Income Non -Labor Income includes Transfer Payments (primarily related to retirement) and Dividents, Interest and Rent (money earned from past investments). P-10 Flathead County, MT Per Capita Income • Per capita income, in real terms, increased by 10% from 1990 to 1999. Population (Thousands) Per Capita Income 1970 1980 1990 1999' of % of % of % of % of Charge 1970 Total 1980 Total 1990 Total 1999 Total: 9U 99 592 984 1,204 1,620 35% 578 98% 976 99% 1,199 100% 1,618 100% 86% 14 2% 8 1% 4 0% 3 0% -41% 39.7 52.1 59.5 72.8 22% 14,912 18,900 20,219 22,265 10af', Note: Population estimates from the Bureau of Economic Analysis vary slightly from those in the Census (Page P-3). Sources of Labor Income • In 1999, proprietor's AtHincome1wrnillions of 1999 dollars 1970 1970 % of Total 1980 1980 % of Total 1990 1990 % of Total 1999 1999 = % of Total "% Change 90-9H Labor Sources income accounted for Wage and Salary 325 55% 499 51% 548 46% 777 48% 420,6 11 % of total personal Other Labor Income 24 4% 64 6% 78 6% 93 6% 19% income, compared to proprietors 93 16% 117 12/0 144 12% 181 ° 11 h _ n: 26 G 12% in 1990. From 1990 to 1999, proprietor's income grew Non -Labor Sources 156 26% 330 33% 493 41% 660 41% 34°,6 by 26%, in real terms. Dlvidericfs Interest &Rent 94 16% 208 21% 304 25% 418 26% 376,6 Wage and salary Transfer Payments 62 10% 121 12% 189 16% 242 15% 28% income during those years grew by 42%. Percentages do not add to 100 because of adjustments made by BEA, such as residence, social security, and others. • From 1990 to 1999 Non- Wage and salaryis monetary remuneration of employees, including employee contributions to certain deferred compensatio Labor Income sources programs, such as 401(K) plans. grew by 34%. Other labor incomeis payments by employers to privately administered benefit plans for their employees, the fees paid to corporate directors, and miscellaneous fees. The payments to private benefit plans account for more than 98 percent.of othe labor income. Proprietors is income of sole proprietorships, partnerships and tax-exempt cooperatives. A sole proprietorship is an unincorporated business owned by a person. A partnership is an unincorporated business association of two or more partne A tax-exempt cooperative is a nonprofit business organization that is collectively owned by its members. P-11 Flathead County, MT Average Earnings Per $35,000 Job $30,000 Average earnings per job in $25,000 Flathead County, MT, in ca real terms, have fallen from -aa $20,000 $28,288 in 1970 to $22,392 rn in 1999. °' $15,000 $10,000 $5,000 ' IT1 Average wage and salary disbursements - - - Average earnings per job (dollars) —+— Average nonfarm proprietors' income 23,342 22,392 14,299 Average Earnings $40,000 Compared to State and Nation $35,000 34,384 i ` $30,000 Average earnings per job in Flathead County, MT are v° ` lower than the state and the $25,000 nation. °' - HAM c $20,000 $15,000 $10,000 ' I I I . -I I rl, Nq-�� �� �e Ne No' N>j N(>j Ic 0 Nq Nq Nq N'� Nq Nq United States - - - Montana —Flathead County, MT P-12 Flathead County, MT Another way to look at industry trends is to group industries differently, as shown in the table. This grouping allows a more detailed review of "service" sectors, which can be broken down into categories such as producer, consumer, social, and government services. Consumer services are generally low -paying. They include jobs in amusement and recreation, hotel and lodging, repair shops, motion pictures, household and personal services. Labor Income by Industry Grouping In 1989, the largest two industry groupings were in Transformative and Government. The largest two "service" types were Government and Producer Services. Labor Income by Industry Grouping In 1999, the largest two industry groupings were in Transformative and Producer Services. The largest two "service" types were Producer Services and Government. Social services include education and health care. Government services include state and local government, military, as well as federal employees, and public lands agencies. Producer services are defined as those services that are part of goods production and they include some of the higher paying sectors, such as finance, insurance, real. estate, legal and business services, membership organizations, and engineering and management services. Government AGO/ Social Services 10% Producer Service 12% Services 6% 1999 Government 1 Fo/ Social Services 12% Producer Servic 16% 1989 Retail Trade 12% msformative 32% -1. ,utive 12% isformative 26% listributive 10% Consumer Retail Trade Services 14% P-13 Personal Income Chan e b g y Category 1989 ` All figures in thousands of 1999 dollars. 1989 1999 New Income % of Nevi % Change Income Total Personal Income 1,172,130 1,620,301 ' 448,171 38% to 1999 LABOR INCOME Transformative The largest contributors Agriculture 11,309 12,610 1,301 to new personal income Mining 2,956 6,252 3,296 from 1989 to 1999 in Construction 48,994 100,179 51,185 real terms, were: Manufacturing 182,282 164,161 -18,121 Total 245,540 283,202 37,662 15% 8% Distributive Transportation & public utilities 64,997 76,723 11,726 Wholesale Trade 24,907 31,147 6,240 The fastest growth was Total 89,904 107,870 17,966 20% 4% in the Producer Services Retail Trade 94,650 143,597 48,947 52% 11% sectors; 86% growth. Consumer Services Hotels & Other Lodging 11,731 21,689 9,958 Personal Services 7,696 11,085 3,389 Household Services 2,253 2,227 -26 Repair Services 14,161 22,222 8,061 Motion Pictures 834 1,468 634 The second fastest Amusements & Recreation 5,324 12,729 7,405 growth was in the Total 41,999 71,420 29,421 70% 7% Consumer Services sectors; 70%growth. Producer Services Finance, Insurance & Real Estate 34,281 70,403 36,122 Legal Services 17,700 15,616 -2,084 Business Services 18,287 39,515 21,228 Engineering & Management Service 12,997 33,535 20,538 Membership Organizations 5,969 6,803 834 The third fastest growth Total 89,234 165,872 76,638 86% 17% was in the Social Social Services Services sectors; 55% Health Services 71,236 109,504 38,268 growth. Social Services 5,443 8,033 2,590 Educational Services 1,166 3,359 2,193 Total 77,845 120,896 43,051 55% 10% Government Services Federal, Civilian 39,005 43,016 4,011 Military 5,376 5,493 117 State and Local 79,142 103,010 23,868 Total 123,522 151,519 27,997 23% 6% Note: This table begins in 1988 because Engineering and Management Services did not exist as an SIC category until that year. The sum of the above categories does not add to total because non -labor income is not included. See page P-9 for non -labor income data. P-14 Flathead Countv. MT The term "Non -Labor Income" is also referred by some economists as "Non -Earnings Income". It consists of Dividends, Interest and Rent (collectively often referred to as money earned from past investments) and Transfer Payments (payments from governments to individuals, age -related, including Medicare, disability insurance payments, and retirements). (See methods section for definitions and further explanations.) All figures in millions of 1999 dollars 1970 % of Total TP 1980 % of Total TP 1999 % of Total TP New Payments 1970 to 1999 % of New Payments Total transfer payments 61.8 121.3 242.1 180.3 Government payments to individuals 57.9 94% 113.6 94% 228.3 94% 170.5 95% Retirement & disab. insurance benefit payments 35.8 58% 67.5 56% 128.6 53% 92.7 51 % Medical payments 6.62 11% 17.82 15% 66.68 28% 60.1 33% Income maintenance benefit payments ("welfare") 2.0 3% 8.0 7% 14.4 6% 12.4 7% Unemployment insurance benefit payments 4.5 7% 10.6 9% 7.1 3% 2.6 1% Veterans benefit payments 8.6 14% 8.3 7% 9.7 4% 1.1 1% Federal educ. & trng. asst. pay. (excl. vets) 0.3 0.6% 1.2 1.0% 1.5 0.6% 1.2 1% Other payments to individuals 0.1 0.2% 0.2 0.1% 0.4 0.2% 0.3 0% Payments to nonprofit institutions 2.3 4% 4.7 4% 8.2 3% 6.0 3% Business payments to individuals 1.7 3% 3.0 2% 5.5 2% 3.9 2% Labor vs. Non -Labor Income Stability Over the last 28 years Non -Labor Income sources have had a stabilizing effect compared to the frequent fluctuations of Labor Income sources. 15% CU 10% a W 5% 0- E 0% a=i -10% U N 0_ Non -Labor (investments, retirement, etc.) - - - Labor Income P-15 Flathead County, MT Trends in Non -Labor 450 Income by Type 400 i 350 The largest components of Non- `_° Labor Income are from Dividends, a 300 Interest & Rent (i.e. money earned o c rn 250 from past investments). -ar' 0 0 200 U) 0 150 2 100 In 1999 welfare represented 6 percent of transfer payments, and less than one percent of total personal income. This is down slightly from 1980 and up from 1970. Components of Transfer Payments In 1999, 69% of Transfer Payments were from age -related sources (retirement, disability, insurance payments, and Medicare) while 6% was from welfare. 50 1- - ^O ^r1r N'01 ^ro 4b �O _CV� �co �W �� �� oC fro �W ^I lc" 1� I°j 125 Dividends, Interest & Rent - - - Age -related (Retirement, Disability & Medicare) -Income Maintenance (Welfare) 1999 Age -related (Retirement, Disability & Medicare) 69% Income R. tenance alfare) 6% Other 25% P-16 i All figures in thousands of 1999 dollars 1970 % of Gross Income % of Gross 1980 Income % of Gross 1999 Income Gross Income (Cash + Other) 51,479 49,940 33,689 Cash Receipts from Marketings 43,097 84% 45,057 90% 24,878 74% Livestock & Products 32,285 63% 23,385 47% 8,528 25% Crops 10,812 21% 21,672 43% 16,350 49% Other Income 8,382 16% 4,883 10% 8,811 26% Government Payments 3,813 7% 299 1 % 1,915 6% Imputed Rent & Rent Received 4,569 9% 4,584 9% 6,896 20% Production Expenses 41,315 45,405 34,619 Realized Net Income (Income - Expenses) 10,163 4,535 (930) Value of Inventory Change 1,189 2% (176) 0% 163 0% Total Net Income_(Inc. corporate farms) 11,353 4,359 (767) 80 Farm Income by Category 70 (Includes Ranching) 60 In 1970, 63% of gross farm income m was from livestock, while 21 % was 50 from crops. By 1999, 25% percent of °' 40 gross income was from livestock, o o �....� and 49% percent from crops. 30 � o 20 is • r * . 10 Income from government payments has dropped from 7% of gross in 0 1970 to 6% in 1999. -ro �4, �O R, R4 Sf) RP 1°b "°b No>j No' N°e 1°b '�°� N '� N(:b ''° 'moo' Gross income - - - Total crops -Total livestock & products --- --- Imputed income & rent received Government payments P-17 Flathead County, MT Net Farm Income Total net income from farming and ranching in Flathead County, MT, in real terms, dropped from $11.4 million in 1970 to $4.4 million in 1980, and then dropped to -$0.8 million in 1999. Gross Income vs. Production Expenses In 1990 Gross Farm Income exceeded Production Expenses by $3 million. By 1999 Gross Farm Income minus Production Expenses (realized net income) equaled - $0.9 million. 20 15 `m 0 10 a 0 0) c � 5 c w 0 a� 0 .0 0 -5 -10 �Q) N N N �`b W� �� - �d �� � �ry �b �� oil Net farm income can be counted as positive by the Department of Commerce, even with slim margins, because the value of inventories may rise. iE 70 60 0 50`• �.. 0 C Q) °' 40 ' 0 0 a)c30 ILo 20 10 0 AZ �y N AZ ^� �O ��Y err - 1b �Cb o - - ' �ro �W Production expenses - - - Gross income P-18 Flathead County, MT The Bureau of Economic Analysis (BEA) reports personal income in terms of location of residence. BEA calculates how much money is earned in the county by people living outside the county (Total Gross Earnings Outflow) and it calculates how much money is brought into the county by residents who work outside of the county (Total Gross Earnings Inflow). Subtracting one from the other gives the Net Residence Adjustment. The Inflow and Outflow Trends indicate whether the county is closely tied to others in terms of commuting. Inflow & Outflows Outflow outpaces Inflow. (See definitions above.) A negative Net Residential Adjustment indicates in -commuting for work from adjacent counties. Outflows as a Percent of Total Personal Income In 1999, outflow represented 1.6% of total personal income in Flathead County, MT, up from 1.2% during the 1980's. 30 25 _m o 20 "a 00 rn 0' 15 0 0 0 10 2 5 6 4 2 m 0 (2) rn (4) rn (6) uo, (8) c 0(10) �(12) (14) W^ ��P5 ' ^ 40 0� �Cb4ry4�P)Cb<9 b0 _C50iC505c_� 1qI�� C"�l1126 'C"�1� �2"C��-C"�"C"F" 'C" 2.0% m 1.8% 0 1.6% U c 1.4% c 1.2% 0 1.0% a 0.8% m 0.6% 0 0.4% 0.2% 0.0% 0 Wry WA'��WPC8)W^5�-0_�� ci on'Sh(b �b C^c�_o' Gross Earnings Inflow - - - Gross Earnings Outflow Net Residence Adjustment P-19 Flathead County, MT In its annual report County Business Patterns, the Bureau of the Census lists employment by the size and type of employer. These statistics are useful to help determine what size of business, large or small, are adding most of the new jobs. New Firms by Employment Size 1990 to 1999 The majority of new businesses established in Flathead County, MT from 1990 to 1999 have been small, with fewer than 20 employees. The largest growth has been in firms of 1-4 employees, with 554 new businesses. Number of Firms by Major Category in 1999 The majority of firms are in Retail trade (509 firms) followed by Construction (425 firms), and Accommodation & food services (318 firms). 1000 or more 500-999 y 250-499 d a� 0 100-249 a- E w 50-99 4- 0 L 20-49 E z 10-19 5-9 1-4 0 100 200 300 400 500 600 Number of Firms Retail trade Construction Accommodation & food services Other services (except public administration) Health care and social assistance Professional, scientific & technical services Finance & insurance Real estate & rental & leasing Admin, support, waste mgt, remediation services Manufacturing Transportation & warehousing Wholesale trade Arts, entertainment & recreation Forestry, fishing, hunting, and agriculture support Information Educational services Utilities Mining Management of companies & enterprises 0 100 200 300 400 500 600 Number of Firms Note: Data for this page was obtained from Gunty Business Pattems (CBP), which counts only wage and salary employment. Therefore the self-employed ("proprietors" in previous sections of this profile) are not counted, and therefore total employment is underestimated. Also, data on this page was reported by CBP using the NAICS system. Previous pages used data from REIS, which uses the SIC system. See Methods Section for a discussion on the transition from SIC to NAICS. P-20 Flathead County, MT Annual Average Unemployment Rate Comparing County to State • In 2000, the unemployment rate in Flathead County, MT was 6.1 %, compared to 4.9% for the state and 4.0% for the nation. Annual Average Unemployment Rate Compared to the Nation P-21 This page is blank because the Economic Profile System does not contain Unemployment data for this area. P-2I Flathead County, MT APPENDICES Data Sources Data for this profile were obtained from five sources: • Regional Economic Information System (REIS CD-ROM) of the Bureau of Economic Analysis, US Department of Commerce. • Bureau of Labor Statistics, US Department of Labor. • County Business Patterns, Bureau of the Census, US Department of Commerce. • Bureau of Census, US Department of Commerce. The data in this profile is organized to show long-term trends at the county level. We used this method and geographic scale for several reasons: (1) trend analysis provides a more comprehensive view of change than spot data for select years, (2) the most reliable information on long-term employment and income trends is available at the county level, and (3) communities within counties rarely function as economic units themselves. Finally, even though in many areas the most accurate geographic scale to understand economic changes may be at the multi -county or regional level, county -level data is useful in the context of existing politicaljurisdictions, such as county commissions and planning departments. The list below contains the World Wide Web sites and telephone numbers for the databases used in this report: Bureau of Economic Analysis: http://www.bea.doe.gov, Tel. 202-606-9600 Bureau of Labor Statistics: http://stats.bis.gov:80/blshome; Tel. 202-606-5886 Bureau of Census: http://www.census.gov, Tel. 303-969-7750 Oregon State University, Government Information Sharing Project: http://govinfo.library.orst.edu; Tel. 541-7374514. University of Virginia, Geospatial and Statistical Data Center: http://fisher.lib.virginia.edu; Tel. 804-982-2630 P-22 Flathead Countv, MT Use of Federal Rather than State Data Bases Data from state agencies was not used for this profile. Many of the state and local sources of data do not include information on the self-employed or on the importance of non -labor income, such as retirement income and money earned from past investments. In many counties this can result in the underestimation of employment and total personal income by at least one third. The REIS disk of the Bureau of Economic Analysis contains the most robust data set and for this reason it was used as the primary sources. The only disadvantage of REIS dataset is the data is not as recent; 1997 being the latest for REIS, Mile state data sources provide data for as recent as 1998 and in some instances 1999. By providing long-term trends data, from 1970 to 1997, having the most recent data is less important than being able to discern where the county's economy was, and the direction in which it is headed in recent years. The Standard Industrial Classification (SIC) System Employment and income information is organized by the US Department of Commerce according to the Standard Industrial Classification (SIC) code. Industries are classified in broad categories (e.g., Farm), sub -categories (e.g., Agricultural production - crops), and progressively finer levels of detail (e. g., Ag. Production — cash grains). For a detailed description of SIC codes consult The Standard Industrial Classification Manual (National Technical Information Service, order no. PB- 100012, Tel. 703487-4600). Since much of the growth in labor earnings in the US economy over the last two decades has been in "services," it should noted that the term is defined in various ways by different researchers. Some economists define services broadly as "all output that does not come from the four goods - producing sectors: agriculture, mining, manufacturing, and construction."' The US Department of Commerce defines services more narrowly as major groups 70-89 of the SIC code. z However, even their restricted classification includes a wide variety of sectors, ranging from hotels and lodging, and social services to business services, and engineering and management services. ' E. Ginzberg and G.J. Vojta. 1981. "The Service Sector in the US Economy." Scientific American. 244 (3): 48-55. 2 SIC codes 70-89 are: Hotels, Lodging and Other Places, Personal Services, Business Services, Auto Repair, Miscellaneous Repair Services, Motion Pictures, Amusement and Recreation Services, Health Services, Legal Services, Educational Services, Social Services, Museum Services, Museums, Botanical, and Zoological Services, Engineering and Management Services, Private Households, and Services Not Elsewhere Classified P-23 Flathead County, MT In this profile we define services broadly as "Services and professional" industries, and then also into categories -- such as producer, consumer, social and government services --to gain a clearer picture of where service growth is taking place. We use the term Services and professional to underscore an important point: service occupations are not just "hamburger flippers and maids," but rather consist of a combination of high -paying and low -paying professions, mixing physicians with barbers, and chambers maids with architects and financial consultants. According to economist Lester Thurow, "Services is simply too heterogeneous to be an interesting category. The real issue is not the growth of services but whether the economy is making a successful transition from low -wage, low -skill industries ... to high -wage, high-sldll industries."' One way to gauge this is to follow the long-term trends in average earnings per job. A Transition from SIC system to NAICS: An Important Precaution on the Interpretation of Economic Trend Data. Most of the historic data, from 1970 to 1998, used in this profile is based on industry data that is organized by the U.S. Department of Commerce using the Standard Industrial Classification (SIC) system. In the next few years, depending on the agency, data will organized according to a new system, called the North American Industry Classification System (NAICS, pronounced `Ynakes"). In this profile, only the section called Business Establishments, which uses data from County Business Patterns, is organized according the NAICS system. The NAICS system is an improvement to the SIC system in several ways: first, businesses that use similar processes to produce goods or services are classified together. Previously, under the SIC system, some businesses were classified on the basis of their production processes while others were classified under different principles, such as class of consumer. Second, NAICS is a flexible system that will be updated every five years in order to keep pace with changes in the economy. Third, the NAICS system recognizes the uniqueness and rising importance of the "information economy," and provides several new categories that are new, such as cable program distributors, and database and directory publishers. Finally, and perhaps the most useful, the NAICS system provides seven sectors to better reflect services -producing businesses that were previously combined into one generic SIC division (the Services division). This new system allows the data user to differentiate more clearly between what was previously often lumped under the general heading of "services," into categories such as arts and entertainment; education; professional, scientific and technical services; health care and social assistance, among others. Arguably the most important change of NAICS is the recognition of hundreds of new businesses in the economy. NAICS divides the economy into 20 broad sectors rather than the SIC's 10 divisions as seen in the table below. Creating these additional sector -level groupings allows NAICS to better reflect key business activities as well as chronicle their changes. ' Lester Thurow, The Future of Capitalism (New York: William and Morrow and Company), p. 71. P-24 Flathead County, MT SIC Divisions vs. NAICS Sectors • Services • Information • Professional, Scientific, and Technical Services • Administrative and Support and Waste • Management and Remediation Services • Educational Services • Health Care and Social Assistance • Arts, Entertainment, and Recreation • Other Services (except Public Administration) += Pulrtxc Admix#istrat�oi<i • .. >ubldtninislraboadi None (previously, categories within each • Management of Companies and Enterprises division) Non -Labor Income Non -labor income is a mix of Dividends, Interest, and Rent (money earned from past investments), and Transfer Payments (government payments to individuals). Private pension funds (e.g. 401K plans) are not counted as part of transfer payments_ Some data sources, such as `Section 202' data available from state unemployment insurance records and reported by the Bureau of Labor Statistics, do not report non -labor income. The Bureau of Economic Analysis (BEA), on the other hand, tracks non -labor income. In order to understand the actual growth (labor and non -labor) of personal income, the REISBEA data set must be used, and this is what was used for this profile. Disclosures Some data, such as employment and income figures in counties with small economies, are not available because of confidentiality restrictions. In order to protect information about individual businesses, data are sometimes suppressed or, in the case of the publication County Business Patterns, a range of values are given instead of a specific value. Generally, the smaller the geographic level of analysis or the smaller the economy under examination the higher the chances that industry -specific information will be suppressed. P-25 Flathead County, MT In some of the profiles a few disclosure restrictions were encountered. Sometimes County Business Patterns data was used to estimate data where disclosures exist in the REIS/BEA database. In other instances the missing data was left blank, particularly if doing so has little effect on the ability to discern long-term trends. In other cases, where data was missing for one or two years, a rolling average was used to estimate the data gaps. In each case where disclosures were estimated, annotations were made in the Excel files. Adiustments from Current to Real Dollars Because a dollar in the past was worth more than a dollar today, data reported in current dollar terms should be adjusted for inflation. The US Department of Commerce reports personal income figures in terms of current dollars. All income data in this profile were adjusted to real (or constant) 1997 dollars using the Consumer Price Index. Unemployment Rate Unemployment is generally available as seasonally unadjusted or adjusted, and there is an advantage to using adjusted data. From the Bureau of Labor Statistics web site (http://stats.bls.gov/lauseas.htm), an explanation of why adjusted figures should be used, whenever possible: "Over the year, the size of the Nation's labor force, the levels of employment and unemployment, and other measures of labor market activity undergo sharp fluctuations due to seasonal events including changes in weather, harvests, major holidays, and the opening and closing of schools. Because these seasonal events follow a more or less regular pattern each year, their influence on statistical trends can be eliminated by adjusting the statistics from month to month. These adjustments make it easier to observe the cyclical, long term trend, and other non -seasonal movements in the series." Unadjusted numbers were used in this profile in order to obtain an annual average and because county -level data are not available in adjusted format from the Bureau of Labor Statistics web site: This may introduce some error in counties where the size of the workforce fluctuates seasonally, such as tourist destination areas. P-26 Flathead County, MT Income: Total Personal Income = private earnings, income from government and government enterprises, dividends, interest, and rent, and transfer payments plus adjustments for residence minus personal contributions for social insurance. Wage and salary= monetary remuneration of employees, including employee contributions to certain deferred compensation programs, such as 401 K plans. Other labor income = payments by employers to privately administered benefit plans for their employees, the fees paid to corporate directors, and miscellaneous fees. The payments to private benefit plans account for more than 98 percent of other labor income Proprietors' income = income from sole proprietorships, partnerships, and tax-exempt cooperatives. A sole proprietorship is an unincorporated business owned by a person. A partnership is an unincorporated business association of two or more partners. A tax-exempt cooperative is a nonprofit business organization that is collectively owned by its members. Transfer Payments: Transfer payments = payments to persons for which they do not render current services. As a component of personal income, they are payments by government and business to individuals and nonprofit institutions. Retirement & disab. insurance benefit payments = Old -Age, Survivors, and Disability Insurance payments (Social Security), Railroad Retirement and Disability payments, Federal Civilian Employee & Disability Payments, Military Retirement, and State and Local Government Employee retirement payments. Medical payments = Medicare, public assistance medical care and CHAMPUS payments. Income maintenance (welfare) = Supplemental Security Income (SSI), Aid to Families with Dependent Children (AFDC), Food Stamps, and Other Income Maintenance Payments, such as emergency assistance, foster care payments and energy assistance payments. Unemployment insurance benefit payments = unemployment compensation for state and federal civilian employees, unemployment compensation for railroad workers, and unemployment compensation for veterans. Veterans benefits = primarily compensation to veterans for their disabilities and payments to their survivors. Federal education and training assistance = Job Corps payments, interest payments on Guaranteed Student Loans, federal fellowship payments, and student assistance for higher education. Other government payments = compensation of survivors of public safety officers and compensation of victims of crime. In Alaska this item includes Alaska Permanent Fund payments. Payments to nonprofit institutions = payments for development and research contracts. For example, it includes payments for foster home care supervised by private agencies. Business payments to individuals = personal -injury liability payments, cash prizes, and pension benefits financed by the Pension Benefit Guarantee Corporation. P-27