TABLE 2: DECLINING INDUSTRIES WITH 100 OR MORE EMPLOYMENT FOR 2003Q3 IN NAICS
          Employment Current Quarter   Employment Previous Quarter      
SECTOR SUBSECTOR NAICS1 2003Q3             Avg. Decline3
      AWW2 2003Q3 2002Q3 Decline   2003Q2 2002Q2 Decline    
          N N N %   N N N %   % RANK4
Construction Construction of buildings 236 $547.57   4,478 5,188 -710 -13.7%   4,253 4,915 -662 -13.5%   -13.6% 5
Manufacturing Textile product mills 314 $301.37   122 160 -38 -23.8%   109 141 -32 -22.7%   -23.2% 2
Manufacturing Wood product manufacturing 321 $513.51   845 979 -134 -13.7%   818 962 -144 -15.0%   -14.3% 4
Manufacturing Chemical manufacturing 325 $1,169.04   1,537 1,651 -114 -6.9%   1,505 1,684 -179 -10.6%   -8.8% 8
Manufacturing Machinery manufacturing 333 $635.56   339 471 -132 -28.0%   347 448 -101 -22.5%   -25.3% 1
Manufacturing Computer and electronic product manufacturing 334 $753.59   332 353 -21 -6.0%   336 367 -31 -8.5%   -7.2% 10
Finance and insurance Securities, commodity contracts, investments 523 $1,285.23   434 501 -67 -13.4%   447 497 -50 -10.1%   -11.7% 6
Real estate and rental and leasing Rental and leasing services 532 $540.05   1,644 1,891 -247 -13.1%   1,620 1,779 -159 -8.9%   -11.0% 7
Management of companies and enterprises Management of companies and enterprises 551 $928.83   569 712 -143 -20.1%   515 653 -138 -21.1%   -20.6% 3
Other services, except public administration Private households 814 $346.99   500 551 -51 -9.3%   486 516 -30 -5.8%   -7.5% 9
Total     $678.96   10,800 12,457 -1,657 -13.3%   10,436 11,962 -1,526 -12.8%   -13.0% NA
Text Box: 1.  Includes both public and privately owned firms.
2.  The Average Weekly Wage (AWW) is calculated by dividing the total wage for the industry group by the total number of jobs for the industry group and the number of weeks in the observed quarter.  To give some context to this number, the AWW for all declining industries in the third quarter of 2003 is $678.96.  The reader should also be aware that, AWW's at the industry Group Level are susceptible to wage bias due to sample size, occupational distributions, seasonal pay and bonuses, and keying error.
3.  The percentage for Average Decline is defined as:  (percent decline current quarter + percent decline previous quarter)/2.
4.  Rank is based on the magnitude of the percent Average Decline relative to the magnitude of all other declining industries.
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