Portales Economic Base 2008
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- Words: 318
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Region Info Region: Portales MSA County Areas: Roosevelt, New Mexico (35041)
2007 Economic Base Jobs
Earnings
Sector
Jobs
Earnings(K)
Jobs %
Earnings %
EPW(K)
Government
2,333
$73,086
34%
38%
$31
Visitors
1,192
$16,909
17%
9%
$14
Manufacturing
715
$20,797
10%
11%
$29
Agriculture
714
$24,353
10%
13%
$34
All Other
666
$23,858
10%
12%
$36
Services
552
$15,801
8%
8%
$29
Residents` Outside Income
440
$9,071
6%
5%
$21
Finance
175
$4,799
3%
2%
$27
Page 1/3
Construction
58
$1,793
1%
1%
$31
Communications
55
$1,569
1%
1%
$28
Exogenous Investment
39
$1,014
1%
1%
$26
--
--
--
--
Mining
<10
Source: EMSI Covered Employment - Fall 2008
Page 2/3
Data Sources and Calculations Input-Output Data The input-output model in this report is created using the national Input-Output matrix provided by the federal Bureau of Economic Analysis. This is combined with the national Total Gross Output, the regional Total Gross Output, the land area of the subject region, regional DIRT data and regional in/out commuter patterns in order to calculate regional requirements, imports and exports. After using matrix algebra to calculate the regional multiplier, the resulting matrix is multiplied by the sales vector and converted back to jobs or earnings. Specifically, this data comes from the U.S. Department of Commerce, Bureau of Economic Analysis, Industry Economic Accounts: Benchmark & Annual Input-Output (I-O) Accounts.
Occupation Data Organizing regional employment information by occupation provides a workforce-oriented view of the regional economy. EMSI's occupation data are based on EMSI's industry data and regional staffing patterns taken from the Occupational Employment Statistics program (U.S. Bureau of Labor Statistics). Wage information is partially derived from the American Community Survey. The occupation-to-program (SOC-to-CIP) crosswalk is based on one from the U.S. Department of Education, with customizations by EMSI.
State Data Sources This report uses state data from the following agencies: New Mexico Department of Labor, Bureau of Economic Research and Analysis.
Page 3/3
2007 Economic Base Jobs
Earnings
Sector
Jobs
Earnings(K)
Jobs %
Earnings %
EPW(K)
Government
2,333
$73,086
34%
38%
$31
Visitors
1,192
$16,909
17%
9%
$14
Manufacturing
715
$20,797
10%
11%
$29
Agriculture
714
$24,353
10%
13%
$34
All Other
666
$23,858
10%
12%
$36
Services
552
$15,801
8%
8%
$29
Residents` Outside Income
440
$9,071
6%
5%
$21
Finance
175
$4,799
3%
2%
$27
Page 1/3
Construction
58
$1,793
1%
1%
$31
Communications
55
$1,569
1%
1%
$28
Exogenous Investment
39
$1,014
1%
1%
$26
--
--
--
--
Mining
<10
Source: EMSI Covered Employment - Fall 2008
Page 2/3
Data Sources and Calculations Input-Output Data The input-output model in this report is created using the national Input-Output matrix provided by the federal Bureau of Economic Analysis. This is combined with the national Total Gross Output, the regional Total Gross Output, the land area of the subject region, regional DIRT data and regional in/out commuter patterns in order to calculate regional requirements, imports and exports. After using matrix algebra to calculate the regional multiplier, the resulting matrix is multiplied by the sales vector and converted back to jobs or earnings. Specifically, this data comes from the U.S. Department of Commerce, Bureau of Economic Analysis, Industry Economic Accounts: Benchmark & Annual Input-Output (I-O) Accounts.
Occupation Data Organizing regional employment information by occupation provides a workforce-oriented view of the regional economy. EMSI's occupation data are based on EMSI's industry data and regional staffing patterns taken from the Occupational Employment Statistics program (U.S. Bureau of Labor Statistics). Wage information is partially derived from the American Community Survey. The occupation-to-program (SOC-to-CIP) crosswalk is based on one from the U.S. Department of Education, with customizations by EMSI.
State Data Sources This report uses state data from the following agencies: New Mexico Department of Labor, Bureau of Economic Research and Analysis.
Page 3/3
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