TABLE 2: DECLINING INDUSTRIES WITH 100 OR MORE EMPLOYMENT FOR 2003Q4 IN NAICS
          Employment Current Quarter   Employment Previous Quarter      
SECTOR SUBSECTOR NAICS1 2003Q4             Avg. Decline3
      AWW2 2003Q4 2002Q4 Decline   2003Q3 2002Q3 Decline    
          N N N %   N N N %   % RANK4
Agriculture, forestry, fishing and hunting Forestry and logging 113 $591.26   101 132 -31 -23.5%   108 133 -25 -18.8%   -21.1% 4
Construction Construction of buildings 236 $609.20   4,232 4,827 -595 -12.3%   4,472 5,188 -716 -13.8%   -13.1% 5
Manufacturing Textile product mills 314 $320.34   109 154 -45 -29.2%   122 160 -38 -23.8%   -26.5% 2
Manufacturing Wood product manufacturing 321 $531.87   813 923 -110 -11.9%   842 979 -137 -14.0%   -13.0% 6
Manufacturing Chemical manufacturing 325 $1,205.72   1,492 1,637 -145 -8.9%   1,538 1,651 -113 -6.8%   -7.9% 11
Manufacturing Primary metal manufacturing 331 $503.43   103 112 -9 -8.0%   104 113 -9 -8.0%   -8.0% 10
Manufacturing Machinery manufacturing 333 $702.65   352 471 -119 -25.3%   335 471 -136 -28.9%   -27.1% 1
Manufacturing Computer and electronic product manufacturing 334 $783.46   327 362 -35 -9.7%   332 353 -21 -6.0%   -7.8% 12
Manufacturing Furniture and related product manufacturing 337 $482.66   274 290 -16 -5.5%   283 300 -17 -5.7%   -5.6% 14
Retail Trade Building material and garden supply stores 444 $488.54   2,379 2,764 -385 -13.9%   2,561 2,807 -246 -8.8%   -11.3% 8
Transportation and warehousing Air transportation 481 $508.33   603 671 -68 -10.1%   608 675 -67 -9.9%   -10.0% 9
Finance and insurance Securities, commodity contracts, investments 523 $1,548.69   430 482 -52 -10.8%   435 501 -66 -13.2%   -12.0% 7
Management of companies and enterprises Management of companies and enterprises 551 $2,590.09   522 693 -171 -24.7%   569 712 -143 -20.1%   -22.4% 3
Other services, except public administration Private households 814 $355.34   466 500 -34 -6.8%   510 551 -41 -7.4%   -7.1% 13
Total     $757.52   12,203 14,018 -1,815 -13.0%   12,819 14,594 -1,775 -12.2%   -12.6% 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 fourth quarter of 2003 is $757.52. 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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