DEFINITION OF GROWING/DECLINING INDUSTRIES

A growing / declining industry is defined as an Industry Group’s employment level increasing / decreasing for two quarters by five percent or more over the year. For example, all industries that grew / declined in employment by at least five percent from 2008Q4 to 2009Q4 and subsequently from 2009Q1 to 2010Q1 were included in the respective lists.

The database used to generate this information was the Quarterly Census of Employment and Wages (QCEW) file, which has roughly a half-year time lag from the distribution of this report. Every quarter, when a new QCEW becomes available, growing / declining industry information is updated. Only Industry Group employment sizes of 100 or more are included in these lists.*

On the growing industry report, the Average Weekly Wage (AWW) for NAICS 922 in 2010Q1 was $1,016.12. The AWW is calculated by dividing the total wage for the industry group by the total number of jobs for the industry group and number of weeks in the observed quarter. This Industry Group grew 25.6% or 475 jobs over the year for 2010Q1 or 14.8% or 286 jobs over the year for 2009Q4, thus qualifying as a growing Industry for 2010Q1. The declining industry list reads the same way, only instead of positive percentages in the growth columns, we see negative growth and therefore declining industries.

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