Table 2: Declining Industries Report for 2008Q4 in NAICS
NAICS (1) SECTOR SUBSECTOR 2008Q4 AWW (2) Emp. 2008Q4 Emp. 2007Q4 Emp. Change Pct. Change Emp. 2008Q3 Emp. 2007Q3 Emp. Change Pct. Change Avg. Decline Rank (4)
(3)
321 Manufacturing Wood product manufacturing $712.49 525 646 -122 -18.8% 591 676 -85 -12.6% -15.7% 4
334 Manufacturing Computer & electronic product manufacturing $783.16 244 301 -56 -18.7% 239 309 -70 -22.7% -20.7% 1
337 Manufacturing Furniture & related product manufacturing $608.73 270 305 -35 -11.4% 284 302 -18 -6.0% -8.7% 8
339 Manufacturing Miscellaneous manufacturing $509.49 142 161 -19 -12.0% 146 159 -13 -8.2% -10.1% 6
425 Wholesale trade Electronic markets & agents & brokers $1,455.52 321 414 -93 -22.5% 343 417 -74 -17.7% -20.1% 2
446 Retail Trade Health & personal care stores $617.91 922 1,019 -97 -9.6% 917 969 -51 -5.3% -7.4% 9
485 Transportation and warehousing Transit & ground passenger transportation $482.36 576 656 -80 -12.2% 586 651 -65 -10.0% -11.1% 5
493 Transportation & warehousing Warehousing & storage $671.88 1,269 1,557 -288 -18.5% 1,284 1,518 -233 -15.4% -16.9% 3
551 Management of companies & enterprises Management of companies & enterprises $1,830.16 745 819 -74 -9.1% 816 890 -74 -8.3% -8.7% 7
813 Other services, except public administration Membership associations & organizations $468.87 2,119 2,285 -166 -7.3% 2,243 2,426 -183 -7.6% -7.4% 10
  Total   $746.69 7,133 8,164 -1,030 -12.6% 7,450 8,318 -867 -10.4% -11.5% .
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 2008Q4 is $746.69. 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.
Table of Contents Labor Market Information