Table 2: Declining Industries Report for 2008Q1 in NAICS
NAICS (1)	SECTOR	SUBSECTOR	2008Q1 AWW (2)	Emp. 2008Q1	Emp. 2007Q1	Emp. Change	Pct. Change	Emp. 2007Q4	Emp. 2006Q4	Emp. Change	Pct. Change	Avg. Decline	Rank (4)
												(3)
321	Manufacturing	Wood product manufacturing	$598.46	577	892	-315	-35.30%	646	849	-202	-23.80%	-29.60%	2
425	Wholesale trade	Electronic markets & agents & brokers	$1,221.16	336	422	-87	-20.50%	414	442	-28	-6.30%	-13.40%	3
518	Information	Data processing, hosting, & related services	$886.66	154	174	-20	-11.50%	155	411	-256	-62.20%	-36.90%	1
	Total		$836.04	1,067	1,488	-421	-28.30%	1,216	1,702	-486	-28.60%	-28.40%	.
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 2008Q1 is $836.04. 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 growth current quarter + percent growth previous quarter)/2.
4. Rank is based on the magnitude of the percent Average Growth relative to the magnitude of all other growing industries.
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