25
State of DeKalb County’s Economy Center for Governmental Studies Northern Illinois University Brian Richard [email protected]

State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

  • Upload
    others

  • View
    0

  • Download
    0

Embed Size (px)

Citation preview

Page 1: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

State of DeKalbCounty’s Economy

Center for Governmental StudiesNorthern Illinois University

Brian [email protected]

Page 2: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

Purpose

•Identify challenges and opportunitiesthat will inform a shared economicdevelopment vision for DeKalb County

Page 3: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

Spheres of Development

Community Development

Economic Development

Business Development

Industry Development

Page 4: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

Overview

• DeKalb County’s economy• Economic recovery out of the recession• Unique characteristics in the region

• DeKalb County’s characteristics provide opportunities• Regional ‘value chains’• Demographics• Commuting patterns• Infrastructure• Agricultural heritage• Entrepreneurship• Educational system

Page 5: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

DeKalb County in the Larger Region

Page 6: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

Northern Illinois Region

Presenter
Presentation Notes
We aren’t using this map to teach you anything – everyone in the room knows where we are. But, we want to illustrate the geography of some of the data that will be presented
Page 7: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

Change in EmploymentRecent Economic Cycles 1990-2015

Recession 6/1990 -3/1991

Expansion 4/1991 -2/2001

Recession 3/2001 -11/2001

Expansion 12/2001 -11/2007

Recession 12/2007 -

6/2009

Post-Recession 1/2010 -9/2015

DeKalb County -2.5% 2.4% -1.4% 17.1% -4.1% 9.2%

State of Illinois -3.0% 13.5% 0.0% 1.2% -5.7% 8.9%

U.S. -2.8% 21.5% 0.2% 5.8% -5.3% 11.7%

Data Source: U.S. Bureau of Labor Statistics, 2015.

Page 8: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

Regional Employment Trends

Trend

DeKalb County 9 County Region State of Illinois Percent Change 2010-2013

2010 2013 2010 2013 2010 2013 DeKalb County Region State of

Illinois

Total Employment 51,973 53,402 738,567 761,633 7,251,630 7,507,203 2.7 3.1 3.5

Employment - % Manufacturing 7.5 7.7 12.3 13.1 8.2 8.0 4.9 10.4 3.8

Employment - % Services 33.1 33.6 38.4 39.4 42.6 44.4 4.4 5.8 6.2

Employment – % State & Local Govt 25.8 24.8 12.2 11.8 10.6 10.0 -1.2 -0.8 -1.8

Earnings by Place of Work (2013 $) $2.2 B $2.4 B $35.6 B $37.0 B $435.0 B $449.8 B 5.9 3.7 3.4

Data Source: U.S. Bureau of Economic Analysis

Page 9: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

Opportunities – Value Chain• Regional Manufacturing Clusters

• Nonmetallic mineral products• Fabricated metal products• Machinery• Electrical equipment and

appliances• Transportation equipment• Food• Chemicals• Plastics and rubber products

• Higher than average concentration

• Employment growth• Growth is higher than

nation for that industry

Presenter
Presentation Notes
Earnings growth, higher than average concentration, growing faster than national average
Page 10: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

Opportunities – Value Chain

• Suppliers and customers of these industry clusters represent opportunities

• Linked Industries• Transportation equipment

manufacturing• Fabricated metal product

manufacturing• Machinery manufacturing• Chemical manufacturing• Plastics and rubber products

manufacturing• Ambulatory health care services• Hospitals

Presenter
Presentation Notes
For the nine industries, the top five input supplier industries and the top five product markets
Page 11: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

DeKalb County

Page 12: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

DeKalb County Top Industries

• Higher than average concentration

• Employment growth• Growth is higher than

nation for that industry

Sector Firms Jobs Average Wage

Ambulatory health care services 129 1,481 $67,857

Hospitals 3 1,369 48,260

Nursing and residential care facilities 12 982 27,335

Truck transportation 51 804 50,218

Machinery manufacturing 21 490 57,002

Electrical equipment and appliance mfg 4 446 73,050

Crop production 24 349 43,650

Plastics and rubber products mfg 8 242 46,406

Animal production 16 215 30,697

Data Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages.

Page 13: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

Growth in High Paying Occupations• Educational needs for these occupations must be met

Source: Labor Insight Jobs (Burning Glass Technologies)

Occupation TitleNumber of

Job Postings, 2014

Projected Growth, 2012-

2022

Mean Salary

Heavy and Tractor-Trailer Truck Drivers 231 13.4% $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0 40,440 Registered Nurses 136 10.5 68,030 Sales Representatives, Wholesale and Manufacturing 109 8.8 68,560 Speech-Language Pathologists 80 12.2 71,400 Occupational Therapists 71 20.8 77,930 Maintenance and Repair Workers, General 57 6.5 41,740 General and Operations Managers 47 10.1 104,870 Postsecondary Teachers, All Other 47 N/A 85,660 Managers, All Other 35 8.5 103,080 First-Line Supervisors of Production and Operating Workers 35 1.6 58,930 Education Administrators, Postsecondary 34 12.3 92,460 Occupational Therapy Assistants 32 37.3 57,100

Page 14: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

Labor Force

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

18.0

20.0

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

Jan-

06

Apr-

06

Jul-0

6

Oct

-06

Jan-

07

Apr-

07

Jul-0

7

Oct

-07

Jan-

08

Apr-

08

Jul-0

8

Oct

-08

Jan-

09

Apr-

09

Jul-0

9

Oct

-09

Jan-

10

Apr-

10

Jul-1

0

Oct

-10

Jan-

11

Apr-

11

Jul-1

1

Oct

-11

Jan-

12

Apr-

12

Jul-1

2

Oct

-12

Jan-

13

Apr-

13

Jul-1

3

Oct

-13

Jan-

14

Apr-

14

Jul-1

4

Oct

-14

Jan-

15

Apr-

15

Jul-1

5

Labor Force Employed Unemployment RateData Source: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics.

Page 15: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

Commuting Patterns

DeKalb Residents' EmploymentCount Share

DeKalb County, IL 17,538 39.1%Kane County, IL 6,864 15.3%Cook County, IL 5,349 11.9%DuPage County, IL 3,566 7.9%Winnebago County, IL 1,926 4.3%

DeKalb Workers ResidenceCount Share

DeKalb County, IL 17,538 50.8%Kane County, IL 2,545 7.4%Cook County, IL 2,371 6.9%LaSalle County, IL 1,308 3.8%Ogle County, IL 1,185 3.4%DuPage County, IL 1,166 3.4%Winnebago County, IL 1,142 3.3%Kendall County, IL 1,020 3.0%

Data Source: U.S. Census Bureau, OnTheMap and LEHD Origin-Destination Employment Statistics.

Page 16: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

Commuting Patterns

• Percentage of workers in each municipality that work in DeKalb County

*Boundaries cross to an adjacent countyData Source: U.S. Census Bureau, OnTheMap and LEHD Origin-Destination Employment Statistics.

Workers DeKalb County1,610 Cortland 44.2%

12,486 DeKalb 50.4%2,839 Genoa 25.5%

844 Hinckley 25.6%372 Kingston 45.4%544 Kirkland 43.2%112 Lee* 31.3%371 Malta 57.7%510 Maple Park* 21.2%

2,739 Sandwich* 24.7%295 Shabbona 55.6%694 Somonauk* 22.3%

10,027 Sycamore 37.0%712 Waterman 35.1%

41,375 DeKalb County 38.8%

Page 17: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

Municipal Populations

• DeKalb County • 104,802

• Unincorporated • 13,277

1,647

1,009

5,734

340

870

4,390

1,3421,014

2,0451,459

7,509

2,319

17,566

44,281

Data Source: U.S. Census Bureau.

Page 18: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

DeKalb County Population by Age

0

2000

4000

6000

8000

10000

12000

14000

16000

18000

Under 5years

5 to 9years

10 to 14years

15 to 19years

20 to 24years

25 to 29years

30 to 34years

35 to 39years

40 to 44years

45 to 49years

50 to 54years

55 to 59years

60 to 64years

65 to 69years

70 to 74years

75 to 79years

80 to 84years

85years

and over

2000 2010 2014

Data Source: U.S. Census Bureau.

Page 19: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

Opportunities – Labor Force

• DeKalb County’s unique demographics and significant number of commuters may represent a large untapped local workforce

• Retention of graduating students• Employment closer to home

02000400060008000

1000012000140001600018000

2000 2010 2014

Page 20: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

Business “Churn”DeKalb County, Illinois (2000-2013)

Firms: 26

MOVED INJobs: 188

Firms: -26

MOVED OUTJobs: -226

Firms: 376

OPENEDJobs: 2,282

Firms: -508

CLOSEDJobs: -2,692

Firms: -110

CONTRACTEDJobs: -424

EXPANDEDFirms: 158

Jobs: 2,217

Data Source: National Employment Time Series (NETS) database, 2015.

Page 21: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

Who will start businesses?

• Early retirees 55-65• Women age 25-34• Immigrants• Farmers with small acreages• Unemployed

Presenter
Presentation Notes
Notes in red from Detroit. We can add photos of farmers with small acreages. Might add discussion of how small farmers can grow the economy through local food movement, drawing on the article from The Atlantic. ENTREPRENEURS AND PEOPLE STARTING BUSINESSES ARE NOT THE SAME. OUR DATA IS FOR BUSINESS STARTS Certain types of people are more inclined to start businesses than others. This is usually due to life circumstances such as the age they are at, the need to supplement their income or the lack of other opportunities. Early retirees, say folks in their 50s, find they have the time to pursue a lifelong dream of owning their own business. They may turn a hobby into a business or buy a franchise. Some are looking to make a serious commitment to a second career. Others want something to do when they aren’t traveling or playing golf. Women age 25-34 may start businesses as their primary career. More businesses are started by women than men. Or they may be looking for a home based business they can operate while caring for children. The unemployed have turned to opening businesses out of a lack of other opportunities. Males in their 40’s may fall into this group. Either member of a couple operating a small farm may supplement their income with a small business out of necessity. Immigrants start businesses at a higher rate than native born Americans. This may be due to a lack of opportunities to get hired for good paying jobs or because they come from a tradition of self employment.
Page 22: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

High Speed Fiber

Page 23: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

Opportunities - Entrepreneurship

• Creative economy: individuals and businesses producing and using creativity of thought, form, design, and language for sustainable economic growth

• Growing retiree population• College age population• High speed internet• Agricultural base• University resources

• CoB innovation and entrepreneurship• Springboard• Engineering – product design & prototyping

02000400060008000

1000012000140001600018000

2000 2010 2014

Page 24: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

Summary

• DeKalb County and the surrounding region are experiencing increasing employment growth

• Regional and local characteristics suggest opportunities• Industry Value Chains• The college age population and early retirees can grow the economy

• Creative activities• Untapped labor force

• Other strengths provide specific opportunities• High speed data• Agriculture

Page 25: State of DeKalb County’s Economy · $ 45,550 First-Line Supervisors of Retail Sales Workers 151 5.0; 40,440 Registered Nurses 136 10.5. 68,030 Sales Representatives, Wholesale and

State of DeKalbCounty’s Economy

Center for Governmental StudiesNorthern Illinois University

Brian [email protected]