Portales Industry Growth 2008-2018

  • April 2020
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Region Info Region: Portales MSA County Areas: Roosevelt, New Mexico (35041)

Industry Size and Growth 2008 - 2018 Size and Growth

Description

2008 Jobs

2018 Jobs

Growth

% Growth

2007 EPW

Agriculture, natural resources, and mining

549

635

86

16%

$38,881

Construction

267

246

-21

-8%

$27,030

Manufacturing

436

470

34

8%

$29,194

1,322

1,420

98

7%

$28,502

69

46

-23

-33%

$32,370

Financial activities

212

297

85

40%

$25,490

Professional and business services

138

210

72

52%

$36,330

Education and health services

512

736

224

44%

$32,095

1,265

1,844

579

46%

$9,393

103

116

13

13%

$20,314

23%

$33,313

Trade, transportation, and utilities Information

Leisure and hospitality Other services Government

2,324 7,197

2,854 8,874

530 1,677

23%

Source: EMSI Covered Employment - Fall 2008

Page 1/3

2008 Industrial Makeup

Description Agriculture, natural resources,

2008 Regional Jobs

% Regional Jobs

2008 State Jobs

% State Jobs

549

7.6%

29,115

3.4%

267

3.7%

58,362

6.8%

and mining Construction Manufacturing

436

6.1%

35,017

4.1%

1,322

18.4%

150,125

17.5%

69

1%

16,297

1.9%

Financial activities

212

2.9%

33,642

3.9%

Professional and business

138

1.9%

108,054

12.6%

512

7.1%

103,127

12%

1,265

17.6%

88,431

10.3%

Trade, transportation, and utilities Information

services Education and health services Leisure and hospitality Other services Government

103

1.4%

22,176

2.6%

2,324

32.3%

213,186

24.9%

Source: EMSI Covered Employment - Fall 2008

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Data Sources and Calculations Industry Data In order to capture a complete picture of industry employment, EMSI basically combines covered employment data from Quarterly Census of Employment and Wages (QCEW) produced by the Department of Labor with total employment data in Regional Economic Information System (REIS) published by the Bureau of Economic Analysis (BEA), augmented with County Business Patterns (CBP) and Nonemployer Statistics (NES) published by the U.S. Census Bureau. Projections are based on the latest available EMSI industry data, 15-year past local trends in each industry, growth rates in statewide and (where available) sub-state area industry projections published by individual state agencies, and (in part) growth rates in national projections from the Bureau of Labor Statistics.

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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