Table 2: Declining Industries Report for 2008Q2 in NAICS
NAICS (1) SECTOR SUBSECTOR 2008Q2 AWW (2) Emp. 2008Q2 Emp. 2007Q2 Emp. Change Pct. Change Emp. 2008Q1 Emp. 2007Q1 Emp. Change Pct. Change Avg. Decline Rank (4)
(3)
321 Manufacturing Wood product manufacturing $648.23 568 854 -286 -33.5% 575 892 -317 -35.5% -34.5% 1
334 Manufacturing Computer & electronic product manufacturing $762.32 235 310 -76 -24.4% 222 306 -84 -27.5% -25.9% 2
425 Wholesale trade Electronic markets & agents & brokers $1,262.99 343 428 -85 -19.8% 337 422 -85 -20.2% -20.0% 3
518 Information Data processing, hosting, & related services $762.65 160 171 -11 -6.2% 154 174 -20 -11.5% -8.9% 6
551 Management of companies & enterprises Management of companies & enterprises $2,205.93 811 854 -43 -5.1% 772 815 -43 -5.3% -5.2% 7
813 Other services, except public administration Membership associations & organizations $431.15 2,152 2,376 -224 -9.4% 2,041 2,266 -225 -9.9% -9.7% 5
814 Other services, except public administration Private households $446.33 400 467 -68 -14.5% 419 454 -35 -7.7% -11.1% 4
  Total   $856.28 4,668 5,460 -792 -14.5% 4,520 5,330 -810 -15.2% -14.9% .
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 2008Q2 is $856.28. 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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