BEFORE THE FLORIDA PUBLIC SERVICE COMMISSION IN RE ... · 1 Triangle Park, North Carolina, and at...

BEFORE THE

FLORIDA PUBLIC SERVICE COMMISSION

DOCKET NO. 20200051-GU

IN RE: PETITION FOR BASE RATE INCREASE BY

PEOPLES GAS SYSTEM.

PREPARED DIRECT TESTIMONY AND EXHIBIT

OF

DR. RICHARD K. HARPER

ON BEHALF OF PEOPLES GAS SYSTEM

FILED: 06/08/2020

DOCKET NO. 20200051-GU FILED: 06/08/2020

i

TABLE OF CONTENTS

31T 31TEDUCATIONAL BACKGROUND AND EXPERIENCE31T 31T ......................... 1

31T 31TPURPOSE OF TESTIMONY31T 31T .......................................... 3

31T 31TFLORIDA’S POPULATION GROWTH AND ECONOMIC GROWTH OVER TIME31T 31T ..... 5

31T 31TBENEFITS TO FLORIDA OF GROWTH IN UTILIZATION OF NATURAL GAS31T 31T .. 13

31T 31TECONOMIC AND DEMOGRAPHIC FORECASTS FOR PROJECT LOCATIONS31T 31T ..... 16

31T 31TSUMMARY31T31T ...................................................... 19

DOCKET NO. 20200051-GU FILED:06/08/2020

BEFORE THE FLORIDA PUBLIC SERVICE COMMISSION 1

PREPARED DIRECT TESTIMONY 2

OF 3

DR. RICHARD K. HARPER 4

ON BEHALF OF PEOPLES GAS SYSTEM 5

6

9T9TEDUCATIONAL BACKGROUND AND EXPERIENCE 7

Q. Please state your name, address, occupation and employer. 8

9

A. My name is Dr. Richard K. Harper. My business address is 516 10

E. Zaragoza St., Pensacola, FL 32502. I am self-employed. 11

12

Q. Please describe your duties and responsibilities in that 13

position. 14

15

A. I conduct a variety of studies for public and private clients 16

using the tools of economic analysis. 17

18

Q. Please provide a brief outline of your educational background 19

and business experience. 20

21

A. I received a BA in Economics from Guilford College in 1978, 22

and an MA in 1986 and a PhD in 1989, both in Economics from 23

Duke University. I worked as a professional economist from 24

1980 – 1984 at Research Triangle Institute in Research 25

2

Triangle Park, North Carolina, and at the University of West 1

Florida (“UWF”) from 1989 until retiring in 2017. From 1996 2

– 2011 (except during a sabbatical and other time away) I 3

served as the Director of UWF’s Haas Center for Business 4

Research and Economic Development, conducting numerous 5

studies of the local, regional, and state economies and 6

economic sectors. I then served as Executive Director of the 7

UWF Office of Economic Development and Engagement, overseeing 8

activities of the Haas Center and of the State Director’s 9

Office of the Florida Small Business Development Center 10

Network. I served as the Senior Policy Advisor for Economic 11

Affairs for the Florida Senate from 2012 until 2014. I then 12

returned to UWF as Assistant, then Associate, Vice President 13

for Research and Economic Development and served as the 14

University’s Chief Research Officer during 2015 and 2016. I 15

have offered expert economics testimony in litigation and 16

served as the economic expert for the State of Florida from 17

inception until completion in its economic damages litigation 18

with BP. Since retiring from UWF in 2017, I have worked as a 19

consultant in economics, performing a variety of studies of 20

economic issues for public and private clients. I currently 21

serve as the Economic Advisor to Triumph Gulf Coast, Inc. 22

(“Triumph”), providing advice and support to the Triumph 23

Board of Directors as it seeks to distribute $1.5 billion in 24

Deepwater Horizon damages funds to projects that will grow 25

3

and diversify the Northwest Florida economy. 1

2

9T9TPURPOSE OF TESTIMONY 3

Q. What are the purposes of your prepared direct testimony in 4

this proceeding? 5

6

A. My prepared direct testimony will comment on past and future 7

growth trends in Florida, with emphasis on geographic areas 8

that are experiencing strong growth in economic and natural 9

gas demand as described in the direct testimonies of Peoples 10

Gas System’s (“Peoples” or the “Company”) witnesses Timothy 11

O’Connor and Richard F. Wall. I have also been asked to 12

comment on the benefit of natural gas use to the State of 13

Florida and its citizens from an economic perspective. These 14

benefits include the value for residential, commercial and 15

industrial customers through economical energy prices that 16

allow and promote additional job creation. They also include 17

environmental benefits relative to traditional energy 18

sources, such as coal and oil. 19

20

Q. Did you prepare an Exhibit in support of your prepared direct 21

testimony? 22

23

A. Yes. Exhibit No. (RKH-1) was prepared under my direction and 24

supervision. My Exhibit consists of 15 Documents entitled: 25

4

Document No. 1 Florida Population Change by Decade, 1970-1

2050 2

Document No. 2 Total Non-farm Employment, Jan00-Dec19 3

Document No. 3 Percent Change in Real GDP from a Year Ago, 4

1998 - 2018 5

Document No. 4 House Prices, Q1 1980 = 100 6

Document No. 5 Six-Month Ahead Predicted GDP Growth Rate 7

Jan82-Dec19, s.a. 8

Document No. 6 Annual Growth Rates in U.S. Population, 9

1960-2019 10

Document No. 7 Population Growth Since 2008 11

Document No. 8 Florida’s Economic and Demographic Snapshot 12

Bay County 13


Broward County 15


Charlotte County 17


Collier County 19


Duval County 21


Lee County 23


Miami/Dade County 25

5

Document No. 15 Citations and Sources 1

2

9T9TFLORIDA’S POPULATION GROWTH AND ECONOMIC GROWTH OVER TIME 3

Q. What are the Florida growth trends that are relevant to 4

natural gas service expansion and reliability projects? 5

6

A. Florida has historically seen population and economic growth 7

rates much greater than those for the nation overall. 8

Demographers note that Florida’s population growth rates have 9

ranked among the top seven states in each decade since 1920, 10

and in most decades ranked in the top four.P0FP 0F

iPP Florida’s current 11

population is approximately 21.5 million and is expected to 12

swell to 24.4 million permanent residents by 2030, an increase 13

over the next decade of almost 2.7 million people. 14

15

The migration of people, from sources both domestic and 16

international, into Florida has had profound effects on the 17

state’s population and on Florida’s economy. Today, as a 18

result of the 2010 Census, New York and Florida each have 27 19

representatives in the U.S. House of Representatives, a share 20

that is proportional to their populations. Population 21

forecasts suggest that Florida will gain two additional seats 22

as a result of the 2020 Census, taking it to 29, and that New 23

York will lose one, taking it down to 26. This is the 24

continuation of the long-term trend as Americans migrate from 25

6

the Northeast and Midwest to the South. As late as 1953, the 1

Florida delegation to the 435-person U.S. House of 2

Representatives was 6 representatives, while the state of New 3

York sent 45. 4

5

Forecasts for the coming years suggest that the U.S. will 6

grow by a total of 19.3 percent between 2020 and 2050.P1FP1F

ii PP 7

During that same period, Florida is expected to grow by 37.6 8

percent, almost double the country’s overall percentage 9

increase, or by a total of almost 8.2 million new residents. 10

If Florida were instead to grow over that period at the 11

projected nationwide growth rate, the 8.2 million expected 12

new residents would be reduced by 3.98 million. These large 13

projected population changes will increase the number of 14

households seeking natural gas service. Meeting the needs of 15

these new households via natural gas affords additional 16

opportunities for reduced emissions per Florida household. 17

18

Q. Haven’t Florida growth rates been declining in recent 19

decades? 20

21

A. Yes. Population growth for Florida over the four past 22

decades, and expected growth over the coming four decades can 23

be seen in, Document No. 1 of my Exhibit. While growth in 24

the most recent decade, at 2.7 million people, is not as large 25

7

as the 3.2-million-person growth attained over the 1980 – 1

1990 period, it exceeds the growth of all states except Texas. 2

Further, strong growth in the number of domestic and 3

international tourists to the state has created additional 4

demand for lodging, restaurants, retail establishments, and 5

other tourism amenities that can be met efficiently via 6

natural gas. 7

8

Q. Does economic activity growth at local, state and national 9

level mirror the respective population growth trends? 10

11

A. Economic growth trends closely resemble those of the 12

population growth trends. The Florida economy in recent 13

decades continues to grow at a substantially faster rate than 14

the national economy. This is true even when considering the 15

larger than national average impact to Florida of the Great 16

Recession of 2007 to 2009. Using January 2000 employment as 17

a base, the cumulative growth in nonfarm employment in 18

Florida, at 31 percent, is almost twice as large as employment 19

growth in the nation as a whole over the last twenty years. 20

This is shown in Document No. 2 of my Exhibit. 21

22

Florida’s faster growth is also reflected in higher 23

inflation-adjusted GDP growth. Over the most recent two 24

decades for which data is available, Florida’s GDP growth was 25

8

0.4 percent higher than that of the nation. But for the 1

effects of the Great Recession, that growth differential 2

would have been even greater. Florida suffered particularly 3

during that housing-driven recession because Florida’s 4

construction sector is about 25 percent larger than the 5

national average in order to accommodate the aforementioned 6

population growth rate that is higher than the national rate. 7

This can be seen in Document No. 3 of Exhibit No. (RKH-1). 8

9

Q. Is the damage inflicted on growth and the housing market by 10

the Great Recession now over? 11

12

A. Yes. Housing prices have substantially recovered in Florida 13

and returned to the long-run housing price trends, and now 14

slightly exceed the peak reached during the “housing bubble” 15

before the Great Recession. Current supply side constraints 16

in housing, including availability of labor as well as 17

increased building commodity prices have been primary drivers 18

of price increase, unlike the demand-side bubble that 19

characterized the 2003 – 2006 period in the Florida market. 20

This can be seen in Document No. 4 of my Exhibit. 21

22

Q. Can Florida expect to continue to have a positive growth 23

differential when compared to the nation? 24

25

9

A. Yes. Forward-looking projections suggest that the Florida 1

growth differential will continue to exceed that of the 2

nation. As noted by the Federal Reserve Bank of Philadelphia 3

which constructs this forward-looking projection for each 4

state: “The leading index for each state predicts the six-5

month growth rate of the state's coincident index. In addition 6

to the coincident index, the models include other variables 7

that lead the economy: state-level housing permits (1 to 4 8

units), state initial unemployment insurance claims, delivery 9

times from the Institute for Supply Management (ISM) 10

manufacturing survey, and the interest rate spread between 11

the 10-year Treasury bond and the 3-month Treasury bill.”P2FP2F

iiiPP 12

13

The index reflects the best estimate of what the growth rate 14

in GDP will be six months from the date of the leading index. 15

The index contains 456 monthly observations going back to 16

January 1982. If we split the data series exactly in half 17

(1982 through 2000, 2001 through 2019), the positive 18

differential is larger in the more recent period. Florida’s 19

projected six-month ahead growth rate was 0.55 percent (i.e., 20

55 basis points) higher than the U.S. six-month ahead growth 21

rate during the most recent two decades relative to the prior 22

two decades. Florida’s attractiveness to businesses and 23

residents has been growing rather than shrinking over time. 24

The difference in the index of leading indicators for Florida 25

10

relative to the nation can be seen in Document No. 5 of my 1

Exhibit. 2

3

Q. Will the trend of higher growth in Florida than in the nation 4

overall continue over the longer term or does it just reflect 5

the recovery from the Great Recession that hit Florida harder 6

than the rest of the nation? 7

8

A. Yes, they will continue. Population growth rates reflect 9

ongoing demographic trends, with the peak birth years from 10

the “Baby Boom” (1946 – 1964 birth years) giving way to 11

subsequent lower birth rates. Generation X (1965 – 1979) was 12

followed by the millennials (1980 – 1994) who have become the 13

largest population group in the nation as the baby-boomer 14

generation ages. This can be seen in Document No. 6 of my 15

Exhibit. However, Florida still expects 8.2 million new 16

residents between 2020 and 2050. Slower national growth rates 17

notwithstanding, since the time of the Great Recession, 18

Florida population growth has substantially exceeded the 19

national population growth rate, with Florida growing twice 20

as fast - a cumulative 16 percent versus eight percent for 21

the nation over the 2008 – 2019 period. This can be seen in 22

Document No. 7 No. of my Exhibit. 23

24

Q. Why will Florida continue to be a top destination for people 25

11

moving from other states? 1

2

A. Florida’s high population growth trends appear to likely 3

continue into the future. Some of the primary drivers of 4

relocation decisions by those who come from other state into 5

Florida are longstanding, and include job opportunities, 6

desire for a warmer climate and outdoor activities, and, an 7

affordable lifestyle. Since the passage and implementation of 8

the 2017 Tax Cuts and Jobs Act, there is also a change in the 9

relative cost of living driven by lessened deductibility of 10

state and local taxes under the federal income tax code. 11

Because of Florida’s lack of a state income tax and its 12

relatively modest property tax burden, along with its 13

comparatively modest level of unfunded state pension 14

liabilities, Florida’s attraction for inbound migration from 15

other states continues to increase. Population growth will 16

continue. 17

18

Even though national population growth rates are falling due 19

to the demographics of the post-war generations, the 20

cumulative growth in the number of residents of Florida means 21

that a somewhat slower rate of growth will still attract close 22

to the same number of households as occurred during previous 23

decades. 24

25

12

Q. Will the Coronavirus have any significant negative long-term 1

effects on the growth trends you have just described? 2

3

A. I do not believe so. Obviously, the Coronavirus has 4

negatively affected economic growth in Florida and throughout 5

the country in a way that we have never seen before, so it is 6

with some caution that I try to predict how it will all end. 7

However, I believe that once progress is made on the medical 8

front and the economy as a whole begins to improve, the same 9

factors that were causing population and economic growth in 10

Florida will still be present. The cost of housing should 11

still remain affordable when compared to the rest of the 12

nation. The state will still be attractive to persons 13

migrating from other states and the underpinnings of the past 14

economic growth will still be in place to allow the state’s 15

growth to continue as the medical situation regarding the 16

virus improves. 17

18

Q. Are there other likely effects of the Coronavirus on natural 19

gas markets in Florida? 20

21

A. Yes, I believe there will be other effects. It seems likely 22

that the pandemic will have lasting effects on consumer desire 23

to leave crowded urban environments for a more suburban 24

setting, which is the typical development pattern in Florida. 25

13

I expect that this demographic trend towards lower density 1

environments as is typical across Florida, will continue to 2

attract new residents to the state. 3

4

Further, an effect of the pandemic has been to increase at-5

home activities, including dining, shopping, and 6

entertainment, relative to historical patterns. While a large 7

part of this is transitory, experts suggest that at least 8

some of this change in historical patterns is likely to be 9

permanent and would therefore naturally increase consumer 10

demand for natural gas and support increased availability of 11

natural gas distribution systems. 12

13

9T9TBENEFITS TO FLORIDA OF GROWTH IN UTILIZATION OF NATURAL GAS 14

Q. What are the benefits to further growth in the use of natural 15

gas in Florida? 16

17

A. The benefits of natural gas relative to other energy sources 18

are well-understood. Among the most important is the multi-19

year and ongoing trend for affordability relative to 20

alternate fuel sources.P3FP3F

ivPP Another is the decrease in 21

greenhouse gas emissions relative to fossil-fuel resources, 22

and the concomitant decrease in noxious pollutant emissions.P4FP4F

vPP 23

These have led to quantifiable decreases in morbidity and 24

mortality and associated increases in economic output across 25

14

the nation.P5FP5F

viPP 1

2

Natural gas supplies about one-fourth of all energy used in 3

the U.S., up substantially from earlier levels, particularly 4

since 2008. In Florida, the switch to natural gas has been 5

more rapid than in most states and our state has already 6

benefitted substantially from increased use of natural gas to 7

meet energy needs in the home, in businesses, and in 8

electricity generation. Across key industries, from 9

electricity generation to construction, health care, food 10

service, transportation, HVAC, and other applications, 11

natural gas has provided reliable, inexpensive, and 12

environmentally friendly energy to power Florida’s economic 13

growth. 14

15

The intensity of natural gas use has grown over time in 16

Florida. The U.S. Energy Information Administration (“EIA”) 17

reported in September 2019 that Florida accounted for 24 18

percent of the nation’s new utility-scale natural gas-fired 19

electric generation capacity between 2008 and 2018.P6FP6F

viiPP Over 20

that same period, Florida’s share of the national population 21

grew from 6.1 percent to 6.5 percent. The 2.7 million person 22

population increase in Florida over that period was 12.8 23

percent as large as the amount of growth in the other 49 24

states combined.P7FP7F

viiiPP So while Florida’s strong population 25

15

growth explains some of the higher switching rate, it does 1

not explain all of it. That rapid increase in capacity meant 2

that over the 2008 – 2018 period, Florida’s generation fleet 3

went from 47 percent natural gas-fired to 72 percent natural 4

gas-fueled, while coal’s share of electric generation 5

capacity decreased from 30 percent to 13 percent. 6

7

According to the most recent data from the EIA, in Florida, 8

about 85.6 percent of natural gas use (measured by BTU) in 9

2018 was in electricity generation, with 7.5 percent 10

industrial use, 4.5 percent in the commercial sector, about 11

1.3 percent in transportation, and 1.1 percent in the 12

residential sector. This share of usage in electricity 13

generation is higher than for any other state in the nation. 14

It is indicative of Florida’s warm climate, its large share 15

of leisure and hospitality businesses, retail establishments, 16

and service sector activity, and low share of industrial 17

activity. It is also indicative of the transition that Florida 18

has made over time away from traditional fossil fuels of coal 19

and oil into cleaner burning natural gas. 20

21

Q. Will the growth of renewable energy resources impact growth 22

trends for natural gas usage in Florida? 23

24

A. No. Currently, natural gas is economic even as renewables 25

16

increase, natural gas will play a significant role in energy 1

solutions to customers. Renewables have not solved the 2

problems of morning and evening demand peaks in the daily 3

load (the “duck curve”), and mandated use of renewables would 4

drive energy prices to levels likely to be unacceptable to 5

Florida consumers and voters. Even in the future, the 6

affordable cost and rapid dispatch capabilities of natural 7

gas mean it will be an essential part of any set of 8

sustainable energy policies. 9

10

9T9TECONOMIC AND DEMOGRAPHIC FORECASTS FOR PROJECT LOCATIONS 11

Q. Have you prepared specific demographic and economic forecasts 12

for the geographic locations associated with the new projects 13

that Peoples is presenting in this matter? 14

15

A. Yes, economic and demographic descriptors for each of the 16

counties that are recipients of these specific investments 17

can be seen in the county-specific chart packages in Document 18

Nos. 8 through 15 of my Exhibit. 19

20

Q. What are your conclusions in respect to these areas? 21

22

A. In each of the areas proposed for expansion, population growth 23

is expected to exceed the national average rate of growth. 24

This means that there will be an increase in demand for 25

17

natural gas. Florida’s long-held advantage over other states 1

in providing an environment where people want to live will 2

continue, and new residents will vote with their feet in 3

moving here. If anything, this advantage is increasing over 4

time in terms of economics as the tax penalty to households 5

of staying up North was increased by the 2017 changes to the 6

federal tax code. 7

8

The projects proposed are representative of the diversity of 9

the state insofar as they meet the needs of some of the 10

counties with fastest residential housing growth, areas with 11

the greatest planned industrial growth, and areas that will 12

be expected to accommodate a greater share of Florida’s future 13

growth. 14

15

As described further in Witness O’Connor’s testimony, Peoples 16

four growth expansion projects are in Panama City, 17

Jacksonville, Southwest Florida and Miami and are aligned 18

with the growing population trend that Florida is 19

experiencing. The Panama City expansion project is located in 20

Bay county. Population growth from 2010-2018 was 7 percent, 21

and 2018-2025 population is forecasted to grow at 5 percent. 22

Hurricane Michael in 2018 has impacted this area and these 23

growth rates. Although these growth rates lag the state 24

average, the recovery of this region is expected to include 25

18

growing natural gas demand. 1

2

In Duval County, where the Jacksonville expansion project is 3

located, population growth for 2010-2018 was nearly 10 4

percent, with nearly 6 percent growth forecasted for 2018-5

2025. In addition to overall population growth within 6

Florida’s 4PP

thPP largest city resulting in increased natural gas 7

demand, industrial growth, such as LNG development near the 8

Port of Jacksonville is a potential significant demand for 9

natural gas. 10

11

The Southwest Florida expansion project is located in Lee, 12

Collier, and Charlotte counties. These 3 counties have 13

experienced strong population growth from 2010-2018 of 22 14

percent, 18 percent, and 16 percent respectively. For 2018-15

2025, Lee, Collier and Charlotte counties have forecast 16

population growth of 14 percent, 13 percent, and 6 percent, 17

respectively. These historical and forecasted growth rates 18

are robust and indicate support for infrastructure 19

development and growing natural gas demand. 20

21

In Miami-Dade County, where the Miami LNG project is located, 22

population growth for 2010-2018 was nearly 11 percent, with 23

nearly 7 percent growth forecasted for 2018-2025. This 24

population growth within Florida’s largest city is expected 25

19

to result in increased natural gas demand. 1

2

9T9TSUMMARY 3

Q. Please summarize your prepared direct testimony. 4

5

A. The investment projects presented by Peoples in this matter 6

are supported by the increased demand that will be driven by 7

population growth and economic activity growth in the State. 8

Use of low-priced American natural gas to meet the energy 9

needs of these new households and businesses will allow 10

Florida citizens to enjoy greater purchasing power by 11

spending less of their incomes on energy. This new spending 12

will ripple far beyond the energy sector, allowing new 13

employment and income to be spread broadly across the Florida 14

economy. 15

16

Q. Does this conclude your prepared direct testimony? 17

18

A. Yes. 19

20

21

22

23

24

25

DOCKET NO. 20200051-GU EXHIBIT NO. (RKH-1) FILED: 06/08/2020

19

EXHIBIT

OF

DR. RICHARD K. HARPER

ON BEHALF OF PEOPLES GAS SYSTEM


Table of Contents

DOCUMENT

NO. TITLE PAGE

1 Florida Population Change by Decade, 1970-

2050 23

2 Total Non-farm Employment, Jan00-Dec19 25

3 Percent Change in Real GDP from a Year Ago,

1998 - 2018 27

4 House Prices, Q1 1980 = 100 29

5 Six-Month Ahead Predicted GDP Growth Rate

Jan82-Dec19, s.a. 31

6 Annual Growth Rates in U.S. Population, 1960-

2019 33

7 Population Growth Since 2008 35

8 Florida’s Economic and Demographic Snapshot

Bay County 37


Broward County 42


Charlotte County 47


22

DOCUMENT

NO. TITLE PAGE


Collier County 52


Duval County 57


Lee County 62


Miami/Dade County 67

15 Citations and Sources 72

DOCKET NO. 20200051-GU EXHIBIT NO. (RKH-1) DOCUMENT NO. 1 FILED: 06/08/2020

Florida Population Change by Decade,

1970-2050

23

Chart 1

0500

100015002000250030003500

1970-80 1980-90 1990-00 2000-10 2010-20 2020-30 2030-40 2040-50

Thou

sand

of p

eopl

e pe

r dec

ade

Source: Woods & Poole Economics, 2019

Florida Population Change by Decade, 1970 - 2050

DOCKET NO. 20200051-GU EXHIBIT NO. (RKH-1) DOCUMENT NO. 1PAGE 1 OF 1FILED: 06/08/2020

24


TOTAL NONFARM EMPLOYMENT, JAN00-DEC19

25

Chart 2

95100105110115120125130135

Jan-

00De

c-00

Nov

-01

Oct

-02

Sep-

03Au

g-04

Jul-0

5Ju

n-06

May

-07

Apr-

08M

ar-0

9Fe

b-10

Jan-

11De

c-11

Nov

-12

Oct

-13

Sep-

14Au

g-15

Jul-1

6Ju

n-17

May

-18

Apr-

19

Source: U.S. Bureau of Labor Statistics, 2020

Total Nonfarm Employment, Jan00 -Dec19: Jan00=100%, s.a.

Florida

Nation


26


PERCENT CHANGE IN REAL GDP FROM A YEAR AGO

1998 - 2018

27

Chart 3

-8

-6

-4

-2

0

2

4

6

8

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

Source: U.S. Bureau of Economic Analysis

Percent Change in Real GDP from a Year Ago, 1998 - 2018

FloridaNation


28


HOUSE PRICES

Q1 1980 = 100

29

Chart 4

0

100

200

300

400

500

600

Jan-

80O

ct-8

1Ju

l-83

Apr-

85Ja

n-87

Oct

-88

Jul-9

0Ap

r-92

Jan-

94O

ct-9

5Ju

l-97

Apr-

99Ja

n-01

Oct

-02

Jul-0

4Ap

r-06

Jan-

08O

ct-0

9Ju

l-11

Apr-

13Ja

n-15

Oct

-16

Jul-1

8

Source: U.S. Federal Housing Finance Agency, All-Transactions House Price Index,

House Prices, Q1 1980 = 100

FloridaNation


30


SIX-MONTH AHEAD PREDICTED

GDP GROWTH RATE

JAN 1982-DEC 2019, s.a.

31

Chart 5

-3

-2

-1

0

1

2

3

4

Jan-

82Se

p-83

May

-85

Jan-

87Se

p-88

May

-90

Jan-

92Se

p-93

May

-95

Jan-

97Se

p-98

May

-00

Jan-

02Se

p-03

May

-05

Jan-

07Se

p-08

May

-10

Jan-

12Se

p-13

May

-15

Jan-

17Se

p-18

Proj

ecte

d GD

P Gr

owth

Rat

e Si

x M

onth

s in

the

Futu

re

Source: Federal Reserve Bank of Philadelphia

Six-Month Ahead Predicted GDP Growth Rate Jan82 - Dec19, s.a.

Leading Economic Indicators for FloridaLeading Economic Indicators for the U.S.


32


ANNUAL GROWTH RATES

IN U.S. POPULATION

1960-2019

33

Chart 6

0.0

0.5

1.0

1.5

2.0

2.5

1960

1962

1964

1966

1968

1970

1972

1974

1976

1978

1980

1982

1984

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

2006

2008

2010

2012

2014

2016

2018

Perc

ent c

hang

e fr

om p

rece

ding

yea

r

Source: US BEA, https://fred.stlouisfed.org/series/POPTHM, Feb 2020

Annual Growth Rates in U.S. Population, 1960 - 2019


34


POPULATION GROWTH SINCE 2008

35

Chart 7

100

105

110

115

120

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Perc

ent o

f 200

8 po

pula

tion

Source: US Census, https://fred.stlouisfed.org/series/FLPOP, POPTHM, Feb2020

Population Growth Since 2008

Florida

Nation


36


FLORIDA’S ECONOMIC

AND DEMOGRAPHIC SNAPSHOT

BAY COUNTY

37

Bay C

ounty

Dat

a So

urc

es:

1 U.S

. Cen

sus

Bu

reau

, Po

pu

lati

on

Div

isio

n; 2 U

niv

ersi

ty o

f Fl

ori

da,

Bu

reau

of

Eco

no

mic

an

d B

usi

nes

s R

esea

rch

(C

ou

nty

an

d S

tate

Pro

ject

ion

s); 3 U

.S. C

ensu

s B

ure

au,

AC

S 2

01

4-2

01

8. C

ou

nty

Map

: 4U

.S. C

ensu

s B

ure

au, L

EHD

On

th

e M

ap.

Key

De

mo

grap

hic

Ind

icat

ors

B

ay

Flo

rid

a U

S P

op

ula

tio

n, 2

01

81

,2

181

,19

9

20

,840

,568

3

27,1

67

,43

4

Po

pu

lati

on

ch

ange

, 20

10-2

01

8, c

ou

nt

12

,437

2

,49

4,7

45

18

,409

,329

P

op

ula

tio

n c

han

ge, 2

010

-20

18

, per

cen

t 7

.3%

1

3.3

%

6.0

%

Po

pu

lati

on

, 20

25

2 1

89,6

00

2

3,0

50,8

00

344

,32

2,5

00

P

op

ula

tio

n c

han

ge, 2

018

-20

25

, per

cen

t 4

.5%

1

0.4

%

5.2

%

Po

pu

lati

on

per

sq

uar

e m

ile, 2

018

1 2

39

389

9

3 M

edia

n a

ge1

39

.8

42

.5

38

.4

Age

co

mp

osi

tio

n1, 2

018

0

-17

yea

rs

21

.5%

1

9.9

%

22

.4%

18

-64

yea

rs6

1.4

%

59

.6%

6

1.6

%

65+

year

s1

7.1

%

20

.5%

1

6.0

%

Edu

cati

on

att

ain

men

t3 , 201

8 L

ess

than

hig

h s

cho

ol

9.7

%

12

.0%

1

2.3

%

Hig

her

sch

oo

l gra

du

ate

or

abo

ve

90

.3%

8

8.0

%

87

.7%

A

sso

ciat

es’ d

egre

e 1

0.3

%

9.8

%

8.4

%

Bac

hel

or'

s d

egre

e o

r h

igh

er

23

.9%

2

6.8

%

29

.3%

M

edia

n h

ou

seh

old

inco

me

1 , 201

8

$51

,82

9 $

53,2

67

$60

,29

3 B

elo

w p

ove

rty1

, 201

8

13

.4%

1

3.6

%

11

.8%

•Fr

om

20

11-1

8, t

he

maj

or

con

trib

uto

r to

th

e

exp

ansi

on

of

Bay

Co

un

ty’s

to

tal p

op

ula

tio

n w

as

net

do

mes

tic

mig

rati

on

; ho

we

ver,

th

is

com

po

nen

t h

as d

eclin

ed s

ince

its

pea

k in

20

14.

•Fr

om

20

11-2

018

, net

do

mes

tic

mig

rati

on

was

larg

er t

han

nat

ura

l in

crea

se a

nd

inte

rnat

ion

al

mig

rati

on

co

mb

ined

; ho

wev

er, s

ince

201

2 to

tal

po

pu

lati

on

gro

wth

has

bee

n in

crea

sin

g at

a

slo

wer

rat

e.

•H

urr

ican

e M

ich

ael (

Oct

ob

er 1

0, 2

018

) se

vere

ly

dam

aged

ho

usi

ng

sto

ck a

nd

infr

astr

uct

ure

an

d

cau

sed

ou

tbo

un

d p

op

ula

tio

n m

igra

tio

n. T

he

situ

atio

n is

no

w im

pro

vin

g.

Co

mp

on

en

ts o

f P

op

ula

tio

n1

,2

Ch

an

ge

-10

00

-50

00

50

0

10

00

15

00

20

00

25

00

30

00

35

00

40

00

45

00

20

11

20

12

20

13

20

14

20

15

20

16

20

17

20

18

An

nu

al C

om

po

nen

ts o

f R

esid

ent

Pop

ula

tio

n C

han

ge (

20

11

-2

01

8)

Nat

ura

l In

cre

ase

Net

Mig

rati

on

, In

tern

atio

nal

Net

Mig

rati

on

, Do

mes

tic


38

Bay C

ounty

Dat

a So

urc

es:

5 EMSI

– Q

CEW

Em

plo

yees

, No

n-Q

CEW

Em

plo

yees

, an

d S

elf-

Emp

loye

d;

6 US

Bu

reau

of

Lab

or

Stat

isti

cs

7 U.S

. Cen

sus

Bu

reau

, Po

pu

lati

on

Div

isio

n; 8

Un

iver

sity

of

Flo

rid

a, B

ure

au o

f Ec

on

om

ic a

nd

Bu

sin

ess

Res

earc

h (

Co

un

ty a

nd

Sta

te P

roje

ctio

ns)

. 9 U.S

. Cen

sus

Bu

reau

, On

TheM

ap

Ap

plic

atio

n a

nd

LEH

D O

rigi

n-D

esti

nat

ion

Em

plo

ymen

t St

atis

tics

. *Fo

r ge

ogr

aph

ical

ly d

ista

nt

loca

tio

ns,

it is

like

ly t

o b

e se

aso

nal

wo

rk o

r a

chan

ge in

res

iden

ce d

uri

ng

the

year

.

Key

Eco

no

mic

Ind

icat

ors

B

ay

Flo

rid

a U

S Jo

bs4 , 2

019

86

,15

7

9,8

10,8

42

1

58,5

24

,65

1 C

han

ge (

%)

in jo

bs

fro

m 2

01

0 9

%

23

%

9%

P

roje

cted

em

plo

ymen

t gr

ow

th, 2

019

- 2

028

4 3

.8%

9

.5%

8

%

Nu

mb

er o

f es

tab

lish

men

ts1 , 2

017

4,7

00

5

57,3

08

7

,86

0,6

74

Es

tab

lish

men

ts p

er 1

000

po

pu

lati

on

2

6

27

2

4

Ave

rage

ear

nin

gs5, 2

01

9 $

49,6

90

$

53,3

76

$61

,38

9 R

elat

ive

ear

nin

gs (

US

= 1

00%

) 7

5%

8

7%

100

%

Lab

or

forc

e p

arti

cip

atio

n r

ate

6 , 20

14

57

.0%

5

8.5

%

58

.5%

U

nem

plo

ymen

t ra

te5 (

Oct

, 201

9),

NSA

2

.9%

2

.9%

2

.9%

G

ross

reg

ion

al p

rod

uct

(m

illio

n)5 , 2

015

$

8,3

43

$1

,059

,785

$

20,7

80

,06

4

GR

P p

er c

apit

a $

44,5

24

.32

$

49,0

07

.85

$

63,8

4.7

2

Po

pu

lati

on

Gro

wth

7,8

•Fr

om

20

00

-20

15

, Bay

’s p

op

ula

tio

n

gro

wth

lagg

ed b

ehin

d F

lori

da,

des

pit

e in

crea

sin

g at

rat

es t

hat

wer

e

con

sist

entl

y ab

ove

th

e c

ou

ntr

y as

a

wh

ole

.

•N

ote

th

at t

his

po

pu

lati

on

gra

ph

po

rtra

ys a

n o

pti

mis

tic

pic

ture

of

Bay

’s p

op

ula

tio

n, a

nd

do

es n

ot

dep

ict

larg

e-s

cale

loss

es t

hat

are

exp

ecte

d t

o h

ave

occ

urr

ed p

ost

-H

urr

ican

e M

ich

ael.

Co

mm

uti

ng

Pa

tte

rns,

20

17

9

41

,64

9

10

,35

4

2,2

16

1,8

60

1,7

02

1,5

92

1,2

16

1,1

86

92

7

87

7

59

5

Bay

Co

un

ty, F

L

All

Oth

er L

oca

tio

ns

Oka

loo

sa C

ou

nty

, FL

Was

hin

gto

n C

ou

nty

, FL

Wal

ton

Co

un

ty, F

L

Esca

mb

ia C

ou

nty

, FL

Leo

n C

ou

nty

, FL

Jack

son

Co

un

ty, F

L

San

ta R

osa

Co

un

ty, F

L

Gu

lf C

ou

nty

, FL

Mia

mi-

Dad

e C

ou

nty

, FL

Top

9 C

ou

nti

es o

f R

esid

ence

fo

r Em

plo

yees

W

ork

ing

in B

ay C

ou

nty

*

6,0

84

2,5

05

2,4

30

2,3

10

1,2

48

73

6

65

9

57

2

50

6

47

0

Bay

Co

un

ty, F

L

All

Oth

er L

oca

tio

ns

Oka

loo

sa C

ou

nty

, FL

Wal

ton

Co

un

ty, F

L

Esca

mb

ia C

ou

nty

, FL

Leo

n C

ou

nty

, FL

San

ta R

osa

Co

un

ty, F

L

Du

val C

ou

nty

, FL

Hill

sbo

rou

gh C

ou

nty

, FL

Was

hin

gto

n C

ou

nty

, FL

Ora

nge

Co

un

ty, F

L

Top

9 C

ou

nti

es W

her

e B

ay C

ou

nty

Re

sid

ents

A

re E

mp

loye

d*

41

,64

9

20

19

, 26

.1%

20

19

, 34

.0%

20

19

, 17

.1%

0%

20

%

40

%

60

%

80

%

Tota

l Po

pu

lati

on

Ind

exed

to

20

00

BA

Y, F

L

FLO

RID

A

UN

ITED

STA

TES


39

Bay C

ounty

No

te:

Lab

els

in B

ub

ble

ch

arts

co

nta

in in

du

stry

sec

tor

nam

e an

d 2

01

9 e

mp

loym

ent.

Dat

a So

urc

e:

10EM

SI –

QC

EW E

mp

loye

es, N

on

-QC

EW E

mp

loye

es, a

nd

Sel

f-Em

plo

yed

; 11

US

Bu

reau

of

Lab

or

Stat

isti

cs

Em

plo

ym

en

t T

ren

ds1

1

To

p I

nd

ust

ry S

ect

ors

(2

-Dig

it N

AIC

S)1

0

NA

ICs)

()(

)Em

plo

ym

en

t•

Fro

m 2

012

-20

19

, Bay

Co

un

ty e

xper

ien

ced

gro

wth

in a

maj

ori

ty o

f it

s la

rges

t in

du

stri

es.

•C

on

stru

ctio

n w

as t

he

fast

est-

gro

win

g

ind

ust

ry s

ect

or

wit

h g

row

th o

f 4

9.3

3%.

•A

cco

mm

od

atio

n a

nd

oth

er F

oo

d S

ervi

ces,

Man

ufa

ctu

rin

g, a

nd

Info

rmat

ion

wer

e

amo

ng

the

6 in

du

stri

es t

hat

co

ntr

acte

d

du

rin

g th

is p

erio

d.

•Th

e h

igh

est

aver

age

earn

ings

($

125,

237

)

bel

on

gs t

o U

tilit

ies,

wh

ile t

he

low

est

corr

esp

on

ds

to A

cco

mm

od

atio

n a

nd

Fo

od

Serv

ices

($

26,1

58

).

•Th

e h

igh

est

aver

age

earn

ings

rel

ativ

e to

th

e

nat

ion

’s b

elo

ngs

to

Acc

om

mo

dat

ion

s an

d

Foo

d S

ervi

ces

($26

,15

8 v

s $

25,4

03

), w

hic

h is

also

th

e th

ird

larg

est

ind

ust

ry b

y jo

b c

ou

nt

in

the

cou

nty

(11

,34

3 jo

bs

in 2

019

).

•B

ay C

ou

nty

exp

erie

nce

d s

tagn

ant

year

ove

r ye

ar g

row

th

fro

m 2

011

-20

15

, fo

llow

ed b

y a

per

iod

of

con

trac

tio

n

beg

inn

ing

in e

arly

201

8. I

n g

ener

al, B

ay’s

gro

wth

has

bee

n m

uch

mo

re v

ola

tile

th

an F

lori

da’

s.

•B

ay’s

eco

no

my

was

sig

nif

ican

tly

dam

aged

in la

te 2

018

by

Hu

rric

ane

Mic

hae

l, an

d e

mp

loym

ent

has

str

ugg

led

to

retu

rn t

o p

re-h

urr

ican

e le

vels

, lik

ely

du

e to

dec

reas

ing

tou

rism

flo

ws.

Go

vern

men

t, 1

7,0

37

Acc

om

mo

dat

ion

an

d F

oo

d

Serv

ices

, 1

1,4

78

Ret

ail T

rad

e, 1

1,3

43

Hea

lth

Car

e an

d S

oci

al

Ass

ista

nce

, 9

,57

2

Co

nst

ruct

ion

, 6,4

93

Ad

min

istr

ativ

e an

d

Sup

po

rt a

nd

Was

te

Man

agem

ent

and

R

emed

iati

on

Ser

vice

s,

6,0

16

Pro

fess

ion

al,

Scie

nti

fic,

an

d T

ech

nic

al S

ervi

ces,

5

,00

1

Oth

er S

ervi

ces,

3

,71

4

Man

ufa

ctu

rin

g, 3

,05

9

Rea

l Est

ate

and

Ren

tal

and

Lea

sin

g, 2

,80

6

$0

$1

0,0

00

$2

0,0

00

$3

0,0

00

$4

0,0

00

$5

0,0

00

$6

0,0

00

$7

0,0

00

$8

0,0

00

$9

0,0

00

$1

00

,00

0

-20

%-1

0%

0%

10

%2

0%

30

%4

0%

50

%6

0%

Average Earnings per Worker

Per

cen

t C

han

ge in

Em

plo

ymen

t, 2

01

2-2

01

9

Top

10

Ind

ust

rie

s b

y Em

plo

yme

nt

(20

12-

20

19

)

Bel

ow

75

% o

f U

S Ea

rnin

gs

Bet

wee

n7

5%

an

d 1

00

%A

bo

ve 1

00

% o

f U

S Ea

rnin

gs

per

Wo

rker

-9.0

%

-7.0

%

-5.0

%

-3.0

%

-1.0

%

1.0

%

3.0

%

5.0

%Em

plo

yme

nt

Gro

wth

, Pe

rcen

t C

han

ge, Y

ear

ove

r Y

ear

Flo

rid

aB

ayU

nit

ed S

tate

s


40

Bay C

ounty

No

tes:

LQ

’s >

= th

an 1

.25

are

hig

hlig

hte

d. E

arn

ings

ab

ove

th

e re

gio

nal

ave

rage

ear

nin

gs f

or

all i

nd

ust

ries

of

$5

1,1

06

an

d o

ccu

pat

ion

s o

f $

20

.01

per

ho

ur

are

hig

hlig

hte

d.

Rel

ativ

e Ea

rnin

gs a

bo

ve t

he

US

are

in g

reen

, wh

ile e

arn

ings

bel

ow

th

e U

S ar

e re

d.

Dat

a So

urc

e:

12EM

SI –

QC

EW E

mp

loye

es, N

on

-QC

EW E

mp

loye

es, a

nd

Sel

f-Em

plo

yed

;

Ne

t%

722511

Full

-Se

rvic

e R

est

aura

nts

5,61

74

0%1.

95$2

6,62

4.32

$25,

780

1.03

901200

Fed

era

l Go

vern

me

nt,

Mil

itar

y4,

179

772%

4.17

$62,

831.

97$4

8,38

71.

30

903611

Ele

me

nta

ry a

nd

Se

con

dar

y Sc

ho

ols

(Lo

cal G

ove

rnm

en

t)4,

102

-78

-2%

1.08

$45,

706.

35$7

0,29

60.

65

901199

Fed

era

l Go

vern

me

nt,

Civ

ilia

n, E

xclu

din

g P

ost

al S

erv

ice

3,62

096

3%3.

02$1

14,7

44.9

3$1

28,2

750.

89

722513

Lim

ite

d-S

erv

ice

Re

stau

ran

ts3,

065

163

5%1.

31$1

9,44

0.12

$19,

316

1.01

903999

Loca

l Go

vern

me

nt,

Exc

lud

ing

Edu

cati

on

an

d H

osp

ital

s2,

698

622%

0.90

$62,

480.

56$8

0,94

10.

77

622110

Ge

ne

ral M

ed

ical

an

d S

urg

ical

Ho

spit

als

2,31

712

15%

0.94

$75,

667.

86$8

0,66

80.

94

621111

Off

ice

s o

f P

hys

icia

ns

(exc

ep

t M

en

tal H

eal

th S

pe

cial

ists

)1,

882

292%

1.37

$80,

641.

43$1

12,5

990.

72

541330

Engi

ne

eri

ng

Serv

ice

s1,

879

526

28%

3.48

$93,

259.

54$1

12,6

880.

83

721110

Ho

tels

(e

xce

pt

Cas

ino

Ho

tels

) an

d M

ote

ls1,

500

-269

-18%

1.73

$37,

234.

90$3

6,45

51.

02

2019

To

tal

Earn

ings

2019

Nat

ion

al

Tota

l

Re

lati

ve

Earn

ings

(US=

1)

NA

ICS

De

scri

pti

on

2019

Jo

bs

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cast

Gro

wth

,

2019

-202

420

19 L

Q

(US=

1.00

)

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p 1

0 I

nd

ust

rie

s b

y E

mp

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nt

(6-D

igit

s N

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S)1

2

To

p 1

0 O

ccu

pa

tio

ns

by

Em

plo

ym

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t (5

-Dig

its

SO

C)1

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t%

41-2

031

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tail

Sal

esp

ers

on

s3,

732

-76

-2%

541

1.57

11.6

4$

$1

1.65

1.00

35-3

031

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ters

an

d W

aitr

ess

es

2,86

9-6

6-2

%54

52.

109.

14$

$10.

470.

87

35-3

021

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mb

ine

d F

oo

d P

rep

arat

ion

an

d S

erv

ing

Wo

rke

rs, I

ncl

ud

ing

Fast

Foo

d2,

796

195

7%55

31.

429.

43$

$10.

220.

92

41-2

011

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hie

rs2,

225

-20

-1%

420

1.18

9.51

$

$1

0.78

0.88

55-9

999

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itar

y-o

nly

occ

up

atio

ns

2,05

738

2%24

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1720

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$

$16.

561.

25

43-4

051

Cu

sto

me

r Se

rvic

e R

ep

rese

nta

tive

s2,

046

261%

281

1.34

11.7

2$

$1

6.22

0.72

43-9

061

Off

ice

Cle

rks,

Ge

ne

ral

1,63

128

2%20

50.

9113

.21

$

$15.

740.

84

29-1

141

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gist

ere

d N

urs

es

1,53

199

6%10

30.

9627

.42

$

$34.

460.

80

43-6

014

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eta

rie

s an

d A

dm

inis

trat

ive

Ass

ista

nts

, Exc

ep

t Le

gal,

Me

dic

al,a

nd

Exe

cuti

ve1,

445

-23

-2%

162

1.06

15.3

7$

$1

7.59

0.87

49-9

071

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nte

nan

ce a

nd

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pai

r W

ork

ers

, Ge

ne

ral

1,24

612

1%12

41.

5114

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$

$18.

400.

81

SOC

De

scri

pti

on

2019

Jo

bs

Fore

cast

Gro

wth

,

2019

-202

420

19 L

Q

(US=

1.00

)

2019

Me

dia

n

Ho

url

y

Earn

ings

2019

Nat

ion

al

Me

dia

n

Ho

url

y

Re

lati

ve

Earn

ings

(US=

1)

Pro

ject

ed

An

nu

al

Op

en

ings


41




BROWARD COUNTY

42

Bro

ward

County

Dat

a So

urc

es:

1 U.S

. Cen

sus

Bu

reau

, Po

pu

lati

on

Div

isio

n; 2 U

niv

ersi

ty o

f Fl

ori

da,

Bu

reau

of

Eco

no

mic

an

d B

usi

nes

s R

esea

rch

(C

ou

nty

an

d S

tate

Pro

ject

ion

s);

3 U.S

. Cen

sus

Bu

reau

, A

CS

20

14

-20

18

. Co

un

ty M

ap: 4

U.S

. Cen

sus

Bu

reau

, LEH

D O

n t

he

Map

.

Key

De

mo

grap

hic

Ind

icat

ors

B

row

ard

Fl

ori

da

US

Po

pu

lati

on

, 20

18

1,2

1

,95

1,2

60

20

,840

,568

3

27,1

67

,43

4

Po

pu

lati

on

ch

ange

, 20

10-2

01

8, c

ou

nt

203

,11

4

2,4

94

,745

1

8,4

09,3

29

Po

pu

lati

on

ch

ange

, 20

10-2

01

8, p

erce

nt

11

.7%

1

3.3

%

6.0

%

Po

pu

lati

on

, 20

25

2 2

,09

5,2

10

23

,050

,800

3

44,3

22

,50

0

Po

pu

lati

on

ch

ange

, 20

18-2

02

5, p

erce

nt

7.4

%

10

.4%

5

.2%

P

op

ula

tio

n p

er s

qu

are

mile

, 201

01

144

5

389

9

3 M

edia

n a

ge1

40

.4

42

.5

38

.4

Age

co

mp

osi

tio

n1, 2

018

0

-17

yea

rs

27

.0%

1

9.9

%

22

.4%

18

-64

yea

rs5

6.4

%

59

.6%

6

1.6

%

65+

year

s1

6.6

%

20

.5%

1

6.0

%

Edu

cati

on

att

ain

men

t3 , 201

8 L

ess

than

hig

h s

cho

ol

11

.2%

1

2.0

%

12

.3%

H

igh

er s

cho

ol g

rad

uat

e o

r ab

ove

8

8.8

%

88

.0%

8

7.7

%

Ass

oci

ates

’ deg

ree

23

.8%

9

.8%

8

.4%

B

ach

elo

r's

deg

ree

or

hig

her

1

9.8

%

26

.8%

2

9.3

%

Med

ian

ho

use

ho

ld in

com

e1 , 2

018

$

57,3

33

$

53,2

67

$60

,29

3 B

elo

w p

ove

rty1

, 201

8

12

.6%

1

3.6

%

11

.8%

•N

et d

om

esti

c m

igra

tio

n w

as t

he

pri

mar

y

con

trib

uto

r to

po

pu

lati

on

ch

ange

du

rin

g it

s

pea

k in

201

1;

ho

wev

er, s

ince

201

7 it

has

bee

n

neg

ativ

e.

•Si

nce

20

12

, net

inte

rnat

ion

al m

igra

tio

n h

as

bee

n t

he

larg

est

con

trib

uto

r to

po

pu

lati

on

chan

ge. A

dd

itio

nal

ly, f

rom

201

3 t

o 2

018

, it

has

bee

n la

rger

th

an n

atu

ral i

ncr

ease

s an

d n

et

do

mes

tic

mig

rati

on

co

mb

ine

d.

•P

op

ula

tio

n g

row

th r

ates

hav

e b

een

dec

reas

ing

in B

row

ard

ove

r th

e p

ast

few

yea

rs, f

ollo

win

g a

gen

eral

tre

nd

in m

ult

iple

ad

jace

nt

Sou

th

Flo

rid

a co

un

ties

.

Co

mp

on

en

ts o

f P

op

ula

tio

n1

,2

Ch

an

ge

-15

00

0

-10

00

0

-50

000

50

00

10

00

0

15

00

0

20

00

0

25

00

0

30

00

0

35

00

0

20

11

20

12

20

13

20

14

20

15

20

16

20

17

20

18

An

nu

al C

om

po

nen

ts o

f R

esid

ent

Pop

ula

tio

n C

han

ge (

20

11

-2

01

8)

Nat

ura

l In

cre

ase

Net

Mig

rati

on

, In

tern

atio

nal

Net

Mig

rati

on

, Do

mes

tic


43

Bro

ward

County

Dat

a So

urc

es:

5 EMSI

– Q

CEW

Em

plo

yees

, No

n-Q

CEW

Em

plo

yees

, an

d S

elf-

Emp

loye

d;

6 US

Bu

reau

of

Lab

or

Stat

isti

cs

7 U.S

. Cen

sus

Bu

reau

, Po

pu

lati

on

Div

isio

n; 8

Un

iver

sity

of

Flo

rid

a, B

ure

au o

f Ec

on

om

ic a

nd

Bu

sin

ess

Res

earc

h (

Co

un

ty a

nd

Sta

te P

roje

ctio

ns)

. 9 U.S

. Cen

sus

Bu

reau

, On

TheM

ap

Ap

plic

atio

n a

nd

LEH

D O

rigi

n-D

esti

nat

ion

Em

plo

ymen

t St

atis

tics

. *Fo

r ge

ogr

aph

ical

ly d

ista

nt

loca

tio

ns,

it is

like

ly t

o b

e se

aso

nal

wo

rk o

r a

chan

ge in

res

iden

ce d

uri

ng

the

year

.

Key

Eco

no

mic

Ind

icat

ors

B

row

ard

Fl

ori

da

US

Job

s4 , 201

9 9

15,3

44

9

,810

,84

2

158

,52

4,6

51

Ch

ange

(%

) in

job

s fr

om

20

10

21

%

23

%

9%

P

roje

cted

em

plo

ymen

t gr

ow

th, 2

019

- 2

028

4 7

.2%

9

.5%

8

%

Nu

mb

er o

f e

stab

lish

men

ts1 , 2

017

61

,03

2

557

,30

8

7,8

60

,67

4

Esta

blis

hm

ents

per

10

00 p

op

ula

tio

n

31

2

7

24

A

vera

ge e

arn

ings

5, 2

01

9 $

61,6

69

$

58

,85

5

$6

7,9

79

R

elat

ive

ear

nin

gs (

US

= 10

0%

) 9

1%

8

7%

100

%

Lab

or

forc

e p

arti

cip

atio

n r

ate

6 , 20

19

6

5.1

%

58

.5%

5

8.5

%

Un

emp

loym

ent

rate

5 (O

ct, 2

019

), N

SA

2.8

%

2.9

%

2.9

%

Gro

ss r

egio

nal

pro

du

ct (

mill

ion

)5 , 20

15

$10

9,1

41

$

1,0

59,7

85

$20

,78

0,0

64

G

RP

per

cap

ita

$55

,28

1.7

4

$49

,00

7.8

5

$63

,84

.72

Po

pu

lati

on

Gro

wth

7,8

•C

om

par

ed t

o F

lori

da

in t

he

aggr

egat

e, B

row

ard

Co

un

ty h

asex

per

ien

ced

fai

rly

low

po

pu

lati

on

gro

wth

.

•In

th

e m

id 2

000

s, B

row

ard

exp

erie

nce

d a

per

iod

of

neg

ativ

ep

op

ula

tio

n g

row

th, w

hic

h w

asfo

llow

ed b

y a

bri

ef s

tagn

atio

n b

efo

rea

retu

rn t

o n

orm

al g

row

th r

ates

aro

un

d 2

008

.

•P

op

ula

tio

n g

row

th a

lso

slo

we

dsl

igh

tly

in la

te 2

017

, fo

llow

ing

the

lan

dfa

ll o

f H

urr

ican

e Ir

ma.

Co

mm

uti

ng

Pa

tte

rns,

20

17

9

20

19

, 2

1.1

6%

20

19

, 3

4.0

%

20

19

, 1

7.1

%

0%

20

%

40

%

60

%

Tota

l Po

pu

lati

on

Ind

exed

to

20

00

BR

OW

AR

D, F

L

FLO

RID

A

UN

ITED

STA

TES

40

5,0

07

11

5,4

66

68

,72

1

10

,00

5

8,3

83

6,9

01

4,8

68

4,3

17

4,0

89

3,9

60

42

,00

8

Bro

war

d C

ou

nty

, FL

Mia

mi-

Dad

e C

ou

nty

, FL

Pal

m B

each

Co

un

ty, F

L

Ora

nge

Co

un

ty, F

L

Hill

sbo

rou

gh C

ou

nty

, FL

Lee

Co

un

ty, F

L

St. L

uci

e C

ou

nty

, FL

Co

llie

r C

ou

nty

, FL

Pin

ella

s C

ou

nty

, FL

Du

val C

ou

nty

, FL

All

Oth

er L

oca

tio

ns

Top

9 C

ou

nti

es o

f R

esid

ence

fo

r Em

plo

yees

Wo

rkin

g in

Bro

war

d C

ou

nty

*

40

5,0

07

13

9,3

06

68

,87

0

11

,58

1

10

,29

8

4,6

93

4,3

90

3,4

58

2,5

89

2,4

12

27

,33

7

Bro

war

d C

ou

nty

, FL

Mia

mi-

Dad

e C

ou

nty

, FL

Pal

m B

each

Co

un

ty, F

L

Ora

nge

Co

un

ty, F

L

Hill

sbo

rou

gh C

ou

nty

, FL

Lee

Co

un

ty, F

L

Du

val C

ou

nty

, FL

Pin

ella

s C

ou

nty

, FL

Co

llie

r C

ou

nty

, FL

Sem

ino

le C

ou

nty

, FL

All

Oth

er L

oca

tio

ns

Top

9 C

ou

nti

es W

her

e B

row

ard

Co

un

ty R

esi

den

ts

Are

Em

plo

yed

*


44

Bro

ward

County

No

te:

Lab

els

in B

ub

ble

ch

arts

co

nta

in in

du

stry

sec

tor

nam

e an

d 2

01

9 e

mp

loym

ent.

Dat

a So

urc

e:

10EM

SI –

QC

EW E

mp

loye

es, N

on

-QC

EW E

mp

loye

es, a

nd

Sel

f-Em

plo

yed

; 11

US

Bu

reau

of

Lab

or

Stat

isti

cs

Em

plo

ym

en

t T

ren

ds1

1

To

p I

nd

ust

ry S

ect

ors

(2

-Dig

it N

AIC

S)1

0

NA

ICs)

()(

)Em

plo

ym

en

t•

Fro

m 2

012

-20

19

, Bro

war

d C

ou

nty

exp

erie

nce

d g

row

th in

eve

ry in

du

stry

exc

ept

Uti

litie

s an

d M

inin

g, Q

uar

ryin

g, a

nd

Oil

and

Gas

Ext

ract

ion

, wh

ich

saw

co

ntr

acti

on

s o

f

20%

an

d 9

%, r

esp

ecti

vely

.

•Tr

ansp

ort

atio

n a

nd

War

eho

usi

ng

was

th

e

fast

est

gro

win

g in

du

stry

sec

tor

wit

h g

row

th

of

53

%.

•Th

e h

igh

est

aver

age

earn

ings

($1

42,8

44

)

bel

on

gs t

o M

anag

emen

t o

f C

om

pan

ies

and

Ente

rpri

ses,

wh

ile t

he

low

est

corr

esp

on

ds

to

Acc

om

mo

dat

ion

an

d F

oo

d S

ervi

ces

($26

,362

).

•Th

e o

nly

sec

tor

in w

hic

h w

ages

are

less

th

an

75%

of

the

nat

ion

al a

vera

ge is

Min

ing,

Qu

arry

ing,

an

d O

il an

d G

as E

xtra

ctio

n, a

t

66%

.

•In

clu

din

g re

cess

ion

ary

per

iod

s, B

row

ard

has

had

ave

rage

emp

loym

ent

gro

wth

of

1.3

%. E

xclu

din

g re

cess

ion

ary

per

iod

s, B

row

ard

has

had

ave

rage

em

plo

ymen

t gr

ow

th o

f

2.1

%.

•P

ost

-Fin

anci

al C

risi

s, B

row

ard

co

un

ty e

xper

ien

ced

neg

ativ

e ye

ar-o

ver-

year

gro

wth

fo

r lo

nge

r th

an e

ith

er

com

par

iso

n r

egio

n.

•D

esp

ite

this

, Bro

war

d h

as h

ad r

ela

tive

ly s

tab

le

emp

loym

ent

gro

wth

sin

ce, a

nd

has

no

t ex

per

ien

ced

neg

ativ

e ye

ar-o

ver-

year

gro

wth

sin

ce.

Ret

ail T

rad

e, 1

14

,11

0

Go

vern

men

t, 1

09

,86

8

Hea

lth

Car

e an

d S

oci

al

Ass

ista

nce

, 95

,42

0

Acc

om

mo

dat

ion

an

d F

oo

d

Serv

ices

, 85

,35

5

Ad

min

istr

ativ

e an

d S

up

po

rt

and

Was

te M

anag

emen

t an

d

Rem

edia

tio

n S

ervi

ces,

84

,47

9

Pro

fess

ion

al, S

cien

tifi

c, a

nd

Te

chn

ical

Ser

vice

s, 6

5,2

42

Co

nst

ruct

ion

, 59

,99

0

Oth

er S

ervi

ces

(exc

ept

Pu

blic

Ad

min

istr

atio

n),

4

8,6

18

Wh

ole

sale

Tra

de,

4

5,7

71

Fin

ance

an

d In

sura

nce

, 42

,52

2

$0

$2

0,0

00

$4

0,0

00

$6

0,0

00

$8

0,0

00

$1

00

,00

0

$1

20

,00

0

0%

10

%2

0%

30

%4

0%

50

%6

0%


Per

cen

t C

han

ge in

Em

plo

ymen

t, 2

01

2-2

01

9

Top

10

Ind

ust

rie

s b

y Em

plo

yme

nt

(20

12

-20

19

)

Bel

ow

75

% o

f U

S Ea

rnin

gs p

erW

ork

erB

etw

een

75

% a

nd

10

0%

Ab

ove

10

0%

of

US

Earn

ings

per

Wo

rker

-12

.00

%

-7.0

0%

-2.0

0%

3.0

0%

8.0

0%

Emp

loym

en

t G

row

th, P

erc

ent

Ch

ange

, Ye

ar-o

ver-

Ye

ar

Flo

rid

aB

row

ard

Un

ited

Sta

tes


45

Bro

ward

County

No

tes:

LQ

’s >

= th

an 1

.25

are

hig

hlig

hte

d. E

arn

ings

ab

ove

th

e re

gio

nal

ave

rage

ear

nin

gs f

or

all i

nd

ust

ries

of

$6

1,6

69

an

d o

ccu

pat

ion

s o

f $

23

.70

per

ho

ur

are

hig

hlig

hte

d.

Rel

ativ

e Ea

rnin

gs a

bo

ve t

he

US

are

in g

reen

, wh

ile e

arn

ings

bel

ow

th

e U

S ar

e re

d.

Dat

a So

urc

e:

12EM

SI –

QC

EW E

mp

loye

es, N

on

-QC

EW E

mp

loye

es, a

nd

Sel

f-Em

plo

yed

;

Ne

t%

903999

Loca

l Go

vern

men

t, E

xclu

din

g Ed

uca

tio

n a

nd

Ho

spit

als

38

,34

76

35

2%

1.2

0$

86

,90

2.5

8$

80

,94

11

.07

722511

Full

-Ser

vice

Res

tau

ran

ts3

8,1

13

37

25

10

%1

.25

$2

9,1

70

.60

$2

5,7

80

1.1

3

903611

Elem

enta

ry a

nd

Sec

on

dar

y Sc

ho

ols

(Lo

cal G

ove

rnm

ent)

29

,42

95

17

2%

0.7

3$

59

,65

7.9

1$

70

,29

60

.85

722513

Lim

ited

-Ser

vice

Res

tau

ran

ts2

3,7

16

20

80

9%

0.9

5$

18

,11

8.2

3$

19

,31

60

.94

621111

Off

ices

of P

hys

icia

ns

(exc

ept

Men

tal H

ealt

h S

pec

iali

sts)

21

,29

73

12

31

5%

1.4

6$

11

1,4

60

.52

$1

12

,59

90

.99

903622

Ho

spit

als

(Lo

cal G

ove

rnm

ent)

21

,23

01

07

45

%5

.65

$8

6,1

43

.69

$8

9,9

76

0.9

6

445110

Sup

erm

arke

ts a

nd

Oth

er G

roce

ry (e

xcep

t C

on

ven

ien

ce) S

tore

s1

8,6

70

15

21

%1

.31

$3

0,2

78

.52

$3

1,7

19

0.9

5

561320

Tem

po

rary

Hel

p S

ervi

ces

15

,57

23

14

2%

0.9

5$

53

,79

3.7

1$

41

,03

61

.31

541110

Off

ices

of L

awye

rs1

2,9

21

-11

8-1

%1

.86

$1

03

,11

9.0

2$

11

8,4

45

0.8

7

561720

Jan

ito

rial

Ser

vice

s1

2,5

76

16

90

13

%1

.64

$2

3,6

67

.64

$2

7,6

49

0.8

6

20

19

Jo

bs

20

19

To

tal

Earn

ings

20

19

Nat

ion

al

Tota

l

Re

lati

ve

Earn

ings

(US=

1)

20

19

LQ

(US=

1.

00

)

NA

ICS

De

scri

pti

on

Fore

cast

Gro

wth

,

20

19

-20

24

Ne

t%

41

-20

31

Ret

ail S

ales

per

son

s3

3,9

30

38

31

%5

,06

61

.35

$1

0.4

6$

11

.65

0.9

0

43

-40

51

Cu

sto

mer

Ser

vice

Rep

rese

nta

tive

s2

6,8

02

58

42

%3

,73

71

.65

$1

5.2

9$

16

.22

0.9

4

41

-20

11

Cas

hie

rs2

2,5

03

-27

4-1

%4

,24

01

.12

$9

.60

$1

0.7

80

.89

43

-90

61

Off

ice

Cle

rks,

Gen

eral

19

,90

52

54

1%

2,4

79

1.0

5$

14

.84

$1

5.7

40

.94

35

-30

21

Co

mb

ined

Fo

od

Pre

par

atio

n a

nd

Ser

vin

g W

ork

ers

19

,50

42

12

11

1%

4,0

75

0.9

4$

8.9

7$

10

.22

0.8

8

35

-30

31

Wai

ters

an

d W

aitr

esse

s1

7,4

04

11

00

6%

3,6

68

1.2

0$

9.0

6$

10

.47

0.8

7

53

-70

62

Lab

ore

rs a

nd

Fre

igh

t, S

tock

, an

d M

ater

ial M

ove

rs1

6,4

70

88

75

%2

,53

40

.98

$1

3.1

9$

13

.58

0.9

7

37

-20

11

Jan

ito

rs a

nd

Cle

aner

s1

6,1

08

15

72

10

%2

,54

01

.12

$1

0.7

0$

12

.58

0.8

5

43

-60

14

Secr

etar

ies a

nd

Ad

min

istr

ativ

e A

ssis

tan

ts1

5,5

71

-19

3-1

%1

,76

91

.08

$1

6.3

5$

17

.59

0.9

3

29

-11

41

Reg

iste

red

Nu

rses

15

,26

31

25

08

%1

,09

10

.91

$3

2.2

3$

34

.46

0.9

4

20

19

Nat

ion

al

Me

dia

n

Ho

url

y

Re

lati

ve

Earn

ings

(US=

1)

Pro

ject

ed

An

nu

al

Op

en

ings

20

19

Jo

bs

20

19

LQ

(US=

1.0

0)

20

19

Me

dia

n

Ho

url

y

Earn

ings

SOC

De

scri

pti

on

Fore

cast

Gro

wth

,

20

19

-20

24

To

p 1

0 I

nd

ust

rie

s b

y E

mp

loy

me

nt

(6-D

igit

s N

AIC

S)1

2

To

p 1

0 O

ccu

pa

tio

ns

by

Em

plo

ym

en

t (5

-Dig

its

SO

C)1

2


46




CHARLOTTE COUNTY

47

Charl

ott

e C

ounty

Dat

a So

urc

es:

1 U.S

. Cen

sus

Bu

reau

, Po

pu

lati

on

Div

isio

n; 2 U

niv

ersi

ty o

f Fl

ori

da,

Bu

reau

of

Eco

no

mic

an

d B

usi

nes

s R

esea

rch

(C

ou

nty

an

d S

tate

Pro

ject

ion

s);

3 U.S

. Cen

sus

Bu

reau

, A

CS

20

14

-20

18

. Co

un

ty M

ap: 4

U.S

. Cen

sus

Bu

reau

, LEH

D O

n t

he

Map

.

Key

De

mo

grap

hic

Ind

icat

ors

C

har

lott

e Fl

ori

da

US

Po

pu

lati

on

, 20

18

1,2

1

84,9

88

2

0,8

40,5

68

327

,16

7,4

34

P

op

ula

tio

n c

han

ge, 2

010

-20

18

, co

un

t 2

5,0

24

2,4

94

,745

1

8,4

09,3

29

Po

pu

lati

on

ch

ange

, 20

10-2

01

8, p

erce

nt

15

.6%

1

3.3

%

6.0

%

Po

pu

lati

on

, 20

25

2 1

96,6

43

2

3,0

50,8

00

344

,32

2,5

00

P

op

ula

tio

n c

han

ge, 2

018

-20

25

, per

cen

t 6

.3%

1

0.4

%

5.2

%

Po

pu

lati

on

per

sq

uar

e m

ile, 2

018

1 2

72

389

9

3 M

edia

n a

ge1

58

.6

42

.5

38

.4

Age

co

mp

osi

tio

n1, 2

018

0

-17

yea

rs

14

.9%

1

9.9

%

22

.4%

18

-64

yea

rs4

4.9

%

59

.6%

6

1.6

%

65+

year

s4

0.2

%

20

.5%

1

6.0

%

Edu

cati

on

att

ain

men

t3 , 201

8 L

ess

than

hig

h s

cho

ol

10

.9%

1

2.0

%

12

.3%

H

igh

er s

cho

ol g

rad

uat

e o

r ab

ove

2

2.8

%

88

.0%

8

7.7

%

Ass

oci

ates

’ deg

ree

25

.7%

9

.8%

8

.4%

B

ach

elo

r's

deg

ree

or

hig

her

1

7.8

%

26

.8%

2

9.3

%

Med

ian

ho

use

ho

ld in

com

e1 , 2

018

$

49,2

25

$53

,26

7 $

60,2

93

Bel

ow

po

vert

y1, 2

018

1

1.1

%

13

.6%

1

1.8

%

•Fr

om

20

11-2

01

8, n

et d

om

esti

c m

igra

tio

n h

as

vast

ly o

utp

aced

th

e o

ther

co

mp

on

ents

of

po

pu

lati

on

ch

ange

.

•To

tal p

op

ula

tio

n c

han

ge p

eake

d in

in 2

015

an

d

has

bee

n d

ecre

asin

g si

nce

as

the

con

trac

tio

n in

net

do

mes

tic

mig

rati

on

an

d t

he

incr

easi

ngl

y

neg

ativ

e n

atu

ral c

om

po

nen

t o

utw

eig

h

incr

easi

ng

net

inte

rnat

ion

al m

igra

tio

n.

•N

ote

th

at t

he

dec

reas

ing

net

nat

ura

l in

crea

ses

is li

kely

a r

esu

lt o

f th

e u

nu

sual

ly h

igh

med

ian

age

in C

har

lott

e C

ou

nty

, wh

ich

exc

eed

s th

e

nat

ion

al a

vera

ge b

y o

ver

20 y

ears

.

Co

mp

on

en

ts o

f P

op

ula

tio

n1

,2

Ch

an

ge

-40

00

-20

000

20

00

40

00

60

00

80

00

20

11

20

12

20

13

20

14

20

15

20

16

20

17

20

18

An

nu

al C

om

po

nen

ts o

f R

esid

ent

Pop

ula

tio

n C

han

ge (

20

11

-2

01

8)

Nat

ura

l In

cre

ase

Net

Mig

rati

on

, In

tern

atio

nal

Net

Mig

rati

on

, Do

mes

tic


48

Charl

ott

e C

ounty

Dat

a So

urc

es:

5 EMSI

– Q

CEW

Em

plo

yees

, No

n-Q

CEW

Em

plo

yees

, an

d S

elf-

Emp

loye

d;

6 US

Bu

reau

of

Lab

or

Stat

isti

cs

7 U.S

. Cen

sus

Bu

reau

, Po

pu

lati

on

Div

isio

n; 8

Un

iver

sity

of

Flo

rid

a, B

ure

au o

f Ec

on

om

ic a

nd

Bu

sin

ess

Res

earc

h (

Co

un

ty a

nd

Sta

te P

roje

ctio

ns)

. 9 U.S

. Cen

sus

Bu

reau

, On

TheM

ap

Ap

plic

atio

n a

nd

LEH

D O

rigi

n-D

esti

nat

ion

Em

plo

ymen

t St

atis

tics

. *Fo

r ge

ogr

aph

ical

ly d

ista

nt

loca

tio

ns,

it is

like

ly t

o b

e se

aso

nal

wo

rk o

r a

chan

ge in

res

iden

ce d

uri

ng

the

year

.

Key

Eco

no

mic

Ind

icat

ors

C

har

lott

e Fl

ori

da

US

Job

s4 , 201

9 5

3,3

63

9,8

10,8

42

1

58,5

24

,65

1 C

han

ge (

%)

in jo

bs

fro

m 2

01

0 1

9%

23

%

9%

P

roje

cted

em

plo

ymen

t gr

ow

th, 2

019

- 2

028

4 1

0%

9

.5%

8

%

Nu

mb

er o

f e

stab

lish

men

ts1 , 2

017

4,0

06

557

,30

8

7,8

60

,67

4

Esta

blis

hm

ents

per

10

00 p

op

ula

tio

n

21

27

2

4

Ave

rage

ear

nin

gs5, 2

01

9 $

46

,50

5

$53

,37

6 $

61,3

89

Rel

ativ

e e

arn

ings

(U

S =

10

0%)

76%

8

7%

100

%

Lab

or

forc

e p

arti

cip

atio

n r

ate

6 , 20

14

42

.4%

5

8.5

%

58

.5%

U

nem

plo

ymen

t ra

te5 (

Oct

, 201

9),

NSA

3

.3%

2

.9%

2

.9%

G

ross

reg

ion

al p

rod

uct

(m

illio

n)5 , 2

015

$

4,7

60

$1

,059

,785

$

20,7

80

,06

4

GR

P p

er c

apit

a $

25,2

23

.53

$

49,0

07

.85

$

63,8

4.7

2

Po

pu

lati

on

Gro

wth

7,8

•W

hile

Ch

arlo

tte’

s p

op

ula

tio

n g

row

thh

as s

ign

ific

antl

y o

utp

aced

th

egr

ow

th o

f th

e U

S as

a w

ho

le,

it h

asfa

llen

beh

ind

Flo

rid

a b

egin

nin

g in

th

eea

rly

20

00’

s.

•C

har

lott

e’s

po

pu

lati

on

gro

wth

beg

anto

sta

gnat

e a

rou

nd

200

7, d

irec

tly

pre

ced

ing

the

late

20

00’s

ho

usi

ng

cris

is. T

his

sta

gnat

ion

was

bri

ef, a

nd

gro

wth

res

um

ed a

pp

roxi

mat

ely

aye

ar f

ollo

win

g.

•P

ost

-20

10

, Ch

arlo

tte

has

exp

erie

nce

d g

row

th a

pp

roxi

mat

ely

equ

al t

o t

hat

of

Flo

rid

a.

Co

mm

uti

ng

Pa

tte

rns,

20

17

9

20

19

, 30

.4%

20

19

, 34

.0%

20

19

, 17

.1%

0%

20

%

40

%

60

%

80

%

Tota

l Po

pu

lati

on

Ind

exe

d t

o 2

00

0

CH

AR

LOTT

E, F

L

FLO

RID

A

UN

ITED

STA

TES

17

,80

3

6,2

41

3,6

58

1,1

19

1,0

58

1,0

55

94

6

88

0

66

8

61

1

6,0

29

Ch

arlo

tte

Co

un

ty, F

L

Sara

sota

Co

un

ty, F

L

Lee

Co

un

ty, F

L

Hill

sbo

rou

gh C

ou

nty

, FL

Man

atee

Co

un

ty, F

L

DeS

oto

Co

un

ty, F

L

Pin

ella

s C

ou

nty

, FL

Co

llie

r C

ou

nty

, FL

Mia

mi-

Dad

e C

ou

nty

, FL

Ora

nge

Co

un

ty, F

L

All

Oth

er L

oca

tio

ns

Top

9 C

ou

nti

es o

f R

esid

ence

fo

r Em

plo

yees

W

ork

ing

in C

har

lott

e C

ou

nty

*

17

,80

3

7,0

69

6,1

98

1,7

58

1,6

58

1,6

09

1,2

84

1,2

20

1,0

82

1,0

58

6,3

12

Ch

arlo

tte

Co

un

ty, F

L

Sara

sota

Co

un

ty, F

L

Lee

Co

un

ty, F

L

Hill

sbo

rou

gh C

ou

nty

, FL

Bro

war

d C

ou

nty

, FL

Mia

mi-

Dad

e C

ou

nty

, FL

Pal

m B

each

Co

un

ty, F

L

Ora

nge

Co

un

ty, F

L

Co

llie

r C

ou

nty

, FL

Pin

ella

s C

ou

nty

, FL

All

Oth

er L

oca

tio

ns

Top

9 C

ou

nti

es W

her

e C

har

lott

e C

ou

nty

R

esi

den

ts A

re E

mp

loye

d*


49

Charl

ott

e C

ounty

No

te:

Lab

els

in B

ub

ble

ch

arts

co

nta

in in

du

stry

sec

tor

nam

e an

d 2

01

9 e

mp

loym

ent.

Dat

a So

urc

e:

10EM

SI –

QC

EW E

mp

loye

es, N

on

-QC

EW E

mp

loye

es, a

nd

Sel

f-Em

plo

yed

; 11

US

Bu

reau

of

Lab

or

Stat

isti

cs

Em

plo

ym

en

t T

ren

ds1

1

To

p I

nd

ust

ry S

ect

ors

(2

-Dig

it N

AIC

S)1

0

NA

ICs)

()(

)Em

plo

ym

en

t•

Des

pit

e p

osi

tive

gro

wth

in m

ost

its

larg

est

ind

ust

ries

, Ch

arlo

tte

Co

un

ty s

till

has

man

y

sect

ors

wit

h a

vera

ge e

arn

ings

wel

l bel

ow

th

e

nat

ion

al a

vera

ge.

•Tr

ansp

ort

atio

n a

nd

War

eho

usi

ng

was

th

e

fast

est-

gro

win

g in

du

stry

se

cto

r w

ith

gro

wth

of

123

.4%

.

•A

gric

ult

ure

, Uti

litie

s, a

s w

ell a

s fo

ur

oth

er

sect

ors

co

ntr

acte

d d

uri

ng

this

per

iod

.

•Th

e h

igh

est

aver

age

earn

ings

($

105,

496

)

bel

on

gs t

o M

anu

fact

uri

ng,

wh

ile t

he

low

est

corr

esp

on

ds

to A

cco

mm

od

atio

n a

nd

Fo

od

Serv

ices

($

22,5

30

).

•Th

e h

igh

est

aver

age

earn

ings

rel

ativ

e to

th

e

nat

ion

’s b

elo

ngs

to

Hea

lth

Car

e an

d S

oci

al

Ass

ista

nce

($6

2,9

25 v

s $

61,4

90),

wh

ich

is

also

th

e se

con

d la

rges

t in

du

stry

by

job

co

un

t

in t

he

cou

nty

(9

,610

job

s in

201

9).

•C

har

lott

e C

ou

nty

exp

erie

nce

d p

erio

ds

of

mu

ch m

ore

vola

tile

em

plo

ymen

t gr

ow

th d

uri

ng

and

imm

edia

tely

follo

win

g th

e la

te 2

000

’s h

ou

sin

g cr

isis

, bu

t in

gen

eral

its

gro

wth

was

ou

tpac

ed b

y th

e U

S an

d F

lori

da.

•Si

nce

aro

un

d 2

016

Ch

arlo

tte’

s gr

ow

th b

egan

to

tra

ck

mu

ch m

ore

clo

sely

wit

h F

lori

da’

s, a

t ar

ou

nd

1.7

5% a

bo

ve

that

of

the

US.

Ho

wev

er, i

n r

ece

nt

year

s al

l th

ree

regi

on

s

hav

e se

en

sim

ilar

slig

ht

dec

reas

es in

em

plo

ymen

t gr

ow

th.

Ret

ail T

rad

e, 9

,85

8

Hea

lth

Car

e an

d S

oci

al

Ass

ista

nce

, 9

,61

0

Acc

om

mo

dat

ion

an

d F

oo

d

Serv

ices

, 6,4

44

Go

vern

men

t, 6

,26

6

Co

nst

ruct

ion

, 4,9

05

Ad

min

istr

ativ

e an

d

Sup

po

rt, 2

,71

4

Oth

er S

ervi

ces

(exc

ept

Pu

blic

Ad

min

istr

atio

n),

2

,62

7

Pro

fess

ion

al,

Scie

nti

fic,

an

d

Tech

nic

al

Serv

ices

, 2,2

04

Rea

l Est

ate

and

Ren

tal a

nd

Le

asin

g, 1

,50

6

Art

s, E

nte

rtai

nm

ent,

an

d

Rec

reat

ion

, 1,4

40

$0

$10,

000

$20,

000

$30,

000

$40,

000

$50,

000

$60,

000

$70,

000

$80,

000

$90,

000

-20

%-1

0%

0%

10

%2

0%

30

%4

0%

50

%6

0%

70

%


Per

cen

t C

han

ge in

Em

plo

ymen

t, 2

01

2-2

01

9

Top

10

Ind

ust

rie

s b

y Em

plo

yme

nt

(20

12

-20

19

)

Bel

ow

75

% o

f U

S Ea

rnin

gs p

erW

ork

erB

etw

een

75

% a

nd

10

0%

Ab

ove

10

0%

of

US

Earn

ings

per

Wo

rker

-9.0

%

-7.0

%

-5.0

%

-3.0

%

-1.0

%

1.0

%

3.0

%

5.0

%Em

plo

yme

nt

Gro

wth

, Pe

rcen

t C

han

ge, Y

ear

ove

r Y

ear

Flo

rid

aC

har

lott

eU

nit

ed S

tate

s


50

Charl

ott

e C

ounty

No

tes:

LQ

’s >

= th

an 1

.25

are

hig

hlig

hte

d. E

arn

ings

ab

ove

th

e re

gio

nal

ave

rage

ear

nin

gs f

or

all i

nd

ust

ries

of

$4

6,5

05

an

d o

ccu

pat

ion

s o

f $

21

.48

per

ho

ur

are

hig

hlig

hte

d.

Rel

ativ

e Ea

rnin

gs a

bo

ve t

he

US

are

in g

reen

, wh

ile e

arn

ings

bel

ow

th

e U

S ar

e re

d.

Dat

a So

urc

e:

12EM

SI –

QC

EW E

mp

loye

es, N

on

-QC

EW E

mp

loye

es, a

nd

Sel

f-Em

plo

yed

;

Ne

t%

722511

Full

-Se

rvic

e R

est

aura

nts

3,68

747

013

%2.

07$2

4,46

9.33

$25,

780

0.95

903999

Loca

l Go

vern

me

nt,

Exc

lud

ing

Edu

cati

on

an

d H

osp

ital

s2,

536

118

5%1.

36$7

1,71

9.99

$80,

941

0.89

622110

Ge

ne

ral M

ed

ical

an

d S

urg

ical

Ho

spit

als

2,18

3-3

6-2

%1.

42$6

9,09

4.48

$80,

668

0.86

903611

Ele

me

nta

ry a

nd

Se

con

dar

y Sc

ho

ols

2,

169

-80

-4%

0.93

$55,

036.

10$7

0,29

60.

78

621111

Off

ice

s o

f P

hys

icia

ns

2,04

625

613

%2.

40$9

9,15

6.09

$112

,599

0.88

722513

Lim

ite

d-S

erv

ice

Re

stau

ran

ts1,

643

234

14%

1.13

$16,

426.

85$1

9,31

60.

85

445110

Sup

erm

arke

ts a

nd

Oth

er

Gro

cery

Sto

res

1,62

484

5%1.

96$2

8,94

6.11

$31,

719

0.91

452311

War

eh

ou

se C

lub

s an

d S

up

erc

en

ters

1,53

494

6%3.

26$3

4,08

8.37

$34,

899

0.98

623110

Nu

rsin

g C

are

Fac

ilit

ies

(Ski

lle

d N

urs

ing

Faci

liti

es)

1,11

9-6

0-5

%2.

15$4

4,31

8.64

$43,

152

1.03

902999

Stat

e G

ove

rnm

en

t, E

xclu

din

g Ed

uca

tio

n a

nd

Ho

spit

als

876

496%

1.19

$50,

122.

11$8

6,28

10.

58

NA

ICS

De

scri

pti

on

Fore

cast

Gro

wth

,

2019

-202

420

19 J

ob

s20

19 T

ota

l

Earn

ings

2019

Nat

ion

al

Tota

l

Re

lati

ve

Earn

ings

(US=

1)

2019

LQ

(US=

1.00

)

Ne

t%

41-2

031

Re

tail

Sal

esp

ers

on

s2,

781

160

6%45

01.

89$1

1.98

$11.

651.

03

41-2

011

Cas

hie

rs1,

840

282%

358

1.57

$10.

45$1

0.78

0.97

29-1

141

Re

gist

ere

d N

urs

es

1,49

172

5%95

1.52

$32.

43$3

4.46

0.94

35-3

031

Wai

ters

an

d W

aitr

ess

es

1,46

815

010

%32

61.

74$9

.28

$10.

470.

89

35-3

021

Co

mb

ine

d F

oo

d P

rep

arat

ion

an

d S

erv

ing

Wo

rke

rs1,

287

209

16%

289

1.06

$9.6

4$1

0.22

0.94

43-9

061

Off

ice

Cle

rks,

Ge

ne

ral

1,26

815

1%15

81.

14$1

4.19

$15.

740.

90

43-6

014

Secr

eta

rie

s an

d A

dm

inis

trat

ive

Ass

ista

nts

1,06

8-2

3-2

%12

01.

27$1

5.87

$17.

590.

90

43-5

081

Sto

ck C

lerk

s an

d O

rde

r Fi

lle

rs92

843

5%13

51.

38$1

1.05

$12.

360.

89

35-2

014

Co

oks

, Re

stau

ran

t90

315

017

%16

71.

99$1

2.91

$12.

751.

01

37-3

011

Lan

dsc

apin

g an

d G

rou

nd

ske

ep

ing

Wo

rke

rs88

212

1%11

82.

10$1

2.00

$13.

670.

88

2019

Nat

ion

al

Me

dia

n

Ho

url

y

Re

lati

ve

Earn

ings

(US=

1)

Pro

ject

ed

An

nu

al

Op

en

ings

2019

Jo

bs

SOC

De

scri

pti

on

Fore

cast

Gro

wth

,

2019

-202

420

19 L

Q

(US=

1.00

)

2019

Me

dia

n

Ho

url

y

Earn

ings

To

p 1

0 I

nd

ust

rie

s b

y E

mp

loy

me

nt

(6-D

igit

s N

AIC

S)1

2

To

p 1

0 O

ccu

pa

tio

ns

by

Em

plo

ym

en

t (5

-Dig

its

SO

C)1

2


51




COLLIER COUNTY

52

Collie

r C

ounty

Dat

a So

urc

es:

1 U.S

. Cen

sus

Bu

reau

, Po

pu

lati

on

Div

isio

n; 2 U

niv

ersi

ty o

f Fl

ori

da,

Bu

reau

of

Eco

no

mic

an

d B

usi

nes

s R

esea

rch

(C

ou

nty

an

d S

tate

Pro

ject

ion

s);

3 U.S

. Cen

sus

Bu

reau

, A

CS

20

14

-20

18

. Co

un

ty M

ap: 4

U.S

. Cen

sus

Bu

reau

, LEH

D O

n t

he

Map

.

Key

De

mo

grap

hic

Ind

icat

ors

C

olli

er

Flo

rid

a U

S P

op

ula

tio

n, 2

01

81

,2

378

,48

8

20

,840

,568

3

27,1

67

,43

4

Po

pu

lati

on

ch

ange

, 20

10-2

01

8, c

ou

nt

56

,967

2

,49

4,7

45

18

,409

,329

P

op

ula

tio

n c

han

ge, 2

010

-20

18

, per

cen

t 1

7.7

%

13

.3%

6

.0%

P

op

ula

tio

n, 2

02

52

428

,32

8

23

,050

,800

3

44,3

22

,50

0

Po

pu

lati

on

ch

ange

, 20

18-2

02

5, p

erce

nt

13

.2%

1

0.4

%

5.2

%

Po

pu

lati

on

per

sq

uar

e m

ile, 2

018

1 1

89

389

9

3 M

edia

n a

ge1

50

.3

42

.5

38

.4

Age

co

mp

osi

tio

n1, 2

018

0

-17

yea

rs

21

.5%

1

9.9

%

22

.4%

18

-64

yea

rs4

6.3

%

59

.6%

6

1.6

%

65+

year

s3

2.2

%

20

.5%

1

6.0

%

Edu

cati

on

att

ain

men

t3 , 201

8 L

ess

than

hig

h s

cho

ol

14

.1%

1

2.0

%

12

.3%

H

igh

er s

cho

ol g

rad

uat

e o

r ab

ove

2

0.2

%

88

.0%

8

7.7

%

Ass

oci

ates

’ deg

ree

23

.5%

9

.8%

8

.4%

B

ach

elo

r's

deg

ree

or

hig

her

2

0.1

%

26

.8%

2

9.3

%

Med

ian

ho

use

ho

ld in

com

e1 , 2

018

$

65,6

75

$53

,26

7 $

60,2

93

Bel

ow

po

vert

y1, 2

018

1

0.6

%

13

.6%

1

1.8

%

•Fr

om

20

11-1

8, C

olli

er’s

po

pu

lati

on

ch

ange

s

we

re la

rgel

y d

rive

n b

y n

et d

om

esti

c m

igra

tio

n.

Net

do

mes

tic

mig

rati

on

pea

ked

in 2

015

, at

ove

r 30

0%

of

the

oth

er t

wo

co

mp

on

ents

com

bin

ed.

•D

uri

ng

20

13-2

01

5, n

et n

atu

ral i

ncr

ease

was

esse

nti

ally

zer

o. H

ow

ever

, it

has

sin

ce t

urn

ed

slig

htl

y n

egat

ive.

•In

rec

ent

year

s, n

et in

tern

atio

nal

mig

rati

on

an

d

net

do

mes

tic

mig

rati

on

hav

e b

een

co

nve

rgin

g,

du

e to

exp

ansi

on

in t

he

form

er, a

nd

con

trac

tio

n in

th

e la

tter

.

Co

mp

on

en

ts o

f P

op

ula

tio

n1

,2

Ch

an

ge

-20

000

20

00

40

00

60

00

80

00

10

00

0

12

00

0

20

11

20

12

20

13

20

14

20

15

20

16

20

17

20

18

An

nu

al C

om

po

nen

ts o

f R

esid

ent

Pop

ula

tio

n C

han

ge (

20

11

-2

01

8)

Nat

ura

l In

cre

ase

Net

Mig

rati

on

, In

tern

atio

nal

Net

Mig

rati

on

, Do

mes

tic


53

Collie

r C

ounty

Dat

a So

urc

es:

5 EMSI

– Q

CEW

Em

plo

yees

, No

n-Q

CEW

Em

plo

yees

, an

d S

elf-

Emp

loye

d;

6 US

Bu

reau

of

Lab

or

Stat

isti

cs

7 U.S

. Cen

sus

Bu

reau

, Po

pu

lati

on

Div

isio

n; 8

Un

iver

sity

of

Flo

rid

a, B

ure

au o

f Ec

on

om

ic a

nd

Bu

sin

ess

Res

earc

h (

Co

un

ty a

nd

Sta

te P

roje

ctio

ns)

. 9 U.S

. Cen

sus

Bu

reau

, On

TheM

ap

Ap

plic

atio

n a

nd

LEH

D O

rigi

n-D

esti

nat

ion

Em

plo

ymen

t St

atis

tics

. *Fo

r ge

ogr

aph

ical

ly d

ista

nt

loca

tio

ns,

it is

like

ly t

o b

e se

aso

nal

wo

rk o

r a

chan

ge in

res

iden

ce d

uri

ng

the

year

.

Key

Eco

no

mic

Ind

icat

ors

C

olli

er

Flo

rid

a U

S Jo

bs4 , 2

019

167

,02

8

9,8

10,8

42

1

58,5

24

,65

1 C

han

ge (

%)

in jo

bs

fro

m 2

01

0 3

2%

2

3%

9

%

Pro

ject

ed e

mp

loym

ent

gro

wth

, 201

9 -

20

284

12

%

9.5

%

8%

N

um

ber

of

est

ablis

hm

ents

1 , 201

7 1

2,0

74

5

57,3

08

7

,86

0,6

74

Es

tab

lish

men

ts p

er 1

000

po

pu

lati

on

3

1

27

2

4

Ave

rage

ear

nin

gs5, 2

01

9 $

56,5

71

$

53,3

76

$61

,38

9 R

elat

ive

ear

nin

gs (

US

= 1

00%

) 9

2%

8

7%

100

%

Lab

or

forc

e p

arti

cip

atio

n r

ate

6 , 20

14

54

.5%

5

8.5

%

58

.5%

U

nem

plo

ymen

t ra

te5 (

Oct

, 201

9),

NSA

2

.9%

2

.9%

2

.9%

G

ross

reg

ion

al p

rod

uct

(m

illio

n)5 , 2

015

$

20,0

62

$

1,0

59,7

85

$20

,78

0,0

64

G

RP

per

cap

ita

$51

,95

2.7

8

$49

,00

7.8

5

$63

,84

.72

Po

pu

lati

on

Gro

wth

7,8

•C

olli

er C

ou

nty

’s p

op

ula

tio

n g

row

th

rate

has

vas

tly

ou

tpac

ed b

oth

th

e U

S

and

Flo

rid

a o

ver

the

last

20

yea

rs.

•C

olli

er’s

rap

id g

row

th is

like

ly a

fun

ctio

n o

f th

e am

ou

nt

of

avai

lab

lela

nd

fo

r h

ou

sin

g. C

olli

er is

th

e la

rges

tco

un

ty in

Flo

rid

a b

y la

nd

are

a,co

mp

risi

ng

app

roxi

mat

ely

2,3

05

squ

are

mile

s.

Co

mm

uti

ng

Pa

tte

rns,

20

17

9

20

19

, 52

.1%

20

19

, 34

.0% 2

01

9, 1

7.1

%

0%

20

%

40

%

60

%

80

%

Tota

l Po

pu

lati

on

Ind

exe

d t

o 2

00

0

CO

LLIE

R, F

LFL

OR

IDA

UN

ITED

STA

TES

71

,04

5

21

,18

6

3,7

64

2,5

89

2,2

64

1,5

29

1,1

41

1,0

82

1,0

07

98

2

9,7

83

Co

llie

r C

ou

nty

, FL

Lee

Co

un

ty, F

L

Mia

mi-

Dad

e C

ou

nty

, FL

Bro

war

d C

ou

nty

, FL

Pal

m B

each

Co

un

ty, F

L

Hill

sbo

rou

gh C

ou

nty

, FL

Sara

sota

Co

un

ty, F

L

Ch

arlo

tte

Co

un

ty, F

L

Man

atee

Co

un

ty, F

L

Ora

nge

Co

un

ty, F

L

All

Oth

er L

oca

tio

ns

Top

9 C

ou

nti

es o

f R

esid

ence

fo

r Em

plo

yees

W

ork

ing

in C

olli

er C

ou

nty

*

71

,04

5

14

,78

1

4,3

17

3,7

03

3,6

77

2,6

11

2,1

72

1,6

10

1,3

69

1,1

89

10

,22

7

Co

llie

r C

ou

nty

, FL

Lee

Co

un

ty, F

L

Bro

war

d C

ou

nty

, FL

Pal

m B

each

Co

un

ty, F

L

Mia

mi-

Dad

e C

ou

nty

, FL

Hill

sbo

rou

gh C

ou

nty

, FL

Ora

nge

Co

un

ty, F

L

Sara

sota

Co

un

ty, F

L

Pin

ella

s C

ou

nty

, FL

Man

atee

Co

un

ty, F

L

All

Oth

er L

oca

tio

ns

Top

9 C

ou

nti

es W

her

e C

olli

er C

ou

nty

R

esi

den

ts A

re E

mp

loye

d*


54

Collie

r C

ounty

No

te:

Lab

els

in B

ub

ble

ch

arts

co

nta

in in

du

stry

sec

tor

nam

e an

d 2

01

9 e

mp

loym

ent.

Dat

a So

urc

e:

10EM

SI –

QC

EW E

mp

loye

es, N

on

-QC

EW E

mp

loye

es, a

nd

Sel

f-Em

plo

yed

; 11

US

Bu

reau

of

Lab

or

Stat

isti

cs; 12

Gro

wth

Man

agem

ent

Dep

artm

ent

Co

mp

reh

ensi

ve P

lan

nin

g Se

ctio

n –

Co

llier

Co

un

ty E

con

om

ic, D

em

ogr

aph

ic &

Co

mm

un

ity

Pro

file

Em

plo

ym

en

t T

ren

ds1

1

To

p I

nd

ust

ry S

ect

ors

(2

-Dig

it N

AIC

S)1

0

NA

ICs)

()(

)Em

plo

ym

en

t•

Co

llier

Co

un

ty e

xper

ien

ced

co

nsi

der

able

gro

wth

in a

ll b

ut

3 o

f it

s in

du

stri

es f

rom

201

2-2

019

.

•A

dd

itio

nal

ly, a

ll se

cto

rs b

ut

Uti

litie

s

exce

eded

75%

of

nat

ion

al a

vera

ge e

arn

ings

con

sid

erab

ly.

•C

on

stru

ctio

n w

as t

he

fast

est-

gro

win

g

ind

ust

ry s

ect

or

wit

h g

row

th o

f 7

5%.

•Th

e h

igh

est

aver

age

earn

ings

($2

63,3

70

)

bel

on

gs t

o M

anag

emen

t o

f C

om

pan

ies

and

Ente

rpri

ses,

wh

ile t

he

low

est

corr

esp

on

ds

to

Acc

om

mo

dat

ion

an

d F

oo

d S

ervi

ces

($30

,841

).

•Th

e h

igh

est

aver

age

earn

ings

rel

ativ

e to

th

e

nat

ion

’s b

elo

ngs

to

Man

agem

ent

of

Co

mp

anie

s an

d E

nte

rpri

ses

($2

63,3

70

vs

$14

5,7

53

).

•C

olli

er C

ou

nty

’s e

mp

loym

ent

gro

wth

is h

igh

ly v

ola

tile

du

e

to t

he

larg

e ro

le t

hat

to

uri

sm h

as in

its

eco

no

my.

In

gen

eral

, it

exce

ed

s b

oth

Flo

rid

a an

d t

he

US.

•In

re

cen

t ye

ars

Co

llier

’s g

row

th h

as m

ore

clo

sely

mir

rore

d

that

of

Flo

rid

a. T

his

like

ly r

efle

cts

a sm

oo

thin

g o

f th

e

tou

rism

ind

ust

ry, a

s m

uch

of

the

seas

on

al p

op

ula

tio

n h

as

beg

un

to

sta

y u

nti

l lat

er in

th

e ye

ar12

.

Acc

om

mo

dat

ion

an

d F

oo

d S

ervi

ces,

22

,38

7

Ret

ail T

rad

e, 2

2,2

48

Hea

lth

Car

e an

d S

oci

al

Ass

ista

nce

, 2

1,0

12

Co

nst

ruct

ion

, 19

,54

3

Go

vern

men

t, 1

4,2

94

Ad

min

istr

ativ

e an

d

Sup

po

rt a

nd

Was

te

Man

agem

ent

and

R

emed

iati

on

Ser

vice

s,

11

,38

5

Oth

er S

ervi

ces

(exc

ept

Pu

blic

Ad

min

istr

atio

n),

9

,76

6

Art

s,

Ente

rtai

nm

ent,

an

d R

ecre

atio

n,

7,7

35

Pro

fess

ion

al, S

cien

tifi

c,

and

Tec

hn

ical

Ser

vice

s,

7,5

68

Rea

l Est

ate

and

Ren

tal a

nd

Le

asin

g, 5

,53

7

$0

$20,

000

$40,

000

$60,

000

$80,

000

$100

,00

0

$120

,00

0

-10

%0

%1

0%

20

%3

0%

40

%5

0%

60

%7

0%

80

%9

0%


Per

cen

t C

han

ge in

Em

plo

ymen

t, 2

01

2-2

01

9

Top

10

Ind

ust

rie

s b

y Em

plo

yme

nt

(20

12

-20

19

)

Bel

ow

75

% o

f U

S Ea

rnin

gs p

erW

ork

erB

etw

een

75

% a

nd

10

0%

Ab

ove

10

0%

of

US

Earn

ings

per

Wo

rker

-6.0

%

-4.0

%

-2.0

%

0.0

%

2.0

%

4.0

%

6.0

%Em

plo

yme

nt

Gro

wth

, Pe

rcen

t C

han

ge, Y

ear

ove

r Y

ear

Flo

rid

aC

olli

er

Un

ited

Sta

tes


55

Collie

r C

ounty

No

tes:

LQ

’s >

= th

an 1

.25

are

hig

hlig

hte

d. E

arn

ings

ab

ove

th

e re

gio

nal

ave

rage

ear

nin

gs f

or

all i

nd

ust

ries

of

$5

6,5

71

an

d o

ccu

pat

ion

s o

f $

23

.38

per

ho

ur

are

hig

hlig

hte

d.

Rel

ativ

e Ea

rnin

gs a

bo

ve t

he

US

are

in g

reen

, wh

ile e

arn

ings

bel

ow

th

e U

S ar

e re

d.

Dat

a So

urc

e:

13 EM

SI –

QC

EW E

mp

loye

es, N

on

-QC

EW E

mp

loye

es, a

nd

Sel

f-Em

plo

yed

;

NA

ICS

De

scri

pti

on

2

019

Jo

bs

Fore

cast

Gro

wth

, 2

019

-202

4

201

9 L

Q

(US=

1.0

0)

201

9 T

ota

l Ea

rnin

gs

201

9

Nat

ion

al

Tota

l

Re

lati

ve

Earn

ings

(U

S=1

) N

et

%

7225

11

Fu

ll-Se

rvic

e R

esta

ura

nts

1

2,0

45

12

,045

2

105

1

7%

2.1

6

$30

,57

2.9

9

$25

,78

0

1.1

9

9039

99

Lo

cal G

ove

rnm

ent

6,4

91

6

,49

1

533

8

%

1.1

1

$80

,67

4.2

9

$80

,94

1

1.0

0

9036

11

El

emen

tary

an

d S

eco

nd

ary

Sch

oo

ls

5,5

50

5

,55

0

-40

%

0.7

6

$67

,42

7.0

1

$70

,29

6

0.9

6

7139

10

G

olf

Co

urs

es a

nd

Co

un

try

Clu

bs

4,9

94

4

,99

4

33

1%

1

3.0

4

$46

,87

4.2

9

$32

,30

2

1.4

5

6221

10

G

ener

al M

edic

al a

nd

Su

rgic

al H

osp

ital

s 4

,83

2

4,8

32

5

801

2%

1.0

1

$72

,51

3.9

7

$80

,66

8

0.9

0

7211

10

H

ote

ls (

exce

pt

Cas

ino

Ho

tels

) an

d M

ote

ls

4,4

69

4

,46

9

-102

-2%

2.6

6

$41

,60

6.7

4

$36

,45

5

1.1

4

5617

30

La

nd

scap

ing

Serv

ices

4

,39

1

4,3

91

4

571

0%3

.59

$

40,6

01

.24

$

37,6

59

1

.08

4451

10

Su

per

mar

kets

an

d O

ther

Gro

cery

Sto

res

4,1

64

4

,16

4

196

5%

1.6

1

$32

,86

7.3

8

$31

,71

9

1.0

4

6211

11

O

ffic

es o

f P

hys

icia

ns

3

,76

3

3,7

63

6

121

6%1

.41

$

118

,842

.06

$

112

,599

1

.06

7225

13

Li

mit

ed-S

ervi

ce R

esta

ura

nts

3

,46

9

3,4

69

4

621

3%0

.76

$

20,2

43

.77

$

19,3

16

1

.05

SOC

D

esc

rip

tio

n

201

9 J

ob

s

Fore

cast

G

row

th, 2

019

-2

024

Pro

ject

ed

An

nu

al

Op

enin

gs

201

9 L

Q

(US=

1.0

0)

201

9

Me

dia

n

Ho

url

y Ea

rnin

gs

201

9

Nat

ion

al

Me

dia

n

Ho

url

y

Re

lati

ve

Earn

ings

(U

S=1

) N

et

%

41

-203

1

Ret

ail S

ales

per

son

s 6

,32

7

6,3

27

2

23

4%

9

85

985

1

.37

$

12.8

1

$11

.65

1

.10

3

5-3

031

W

aite

rs a

nd

Wai

tres

ses

5,7

59

5

,75

9

690

1

2%

1,3

10

1

,31

0

2.1

8

$11

.44

$

10.4

7

1.0

9

41

-201

1

Cas

hie

rs

4,6

99

4

,69

9

106

2

%

922

9

22

1.2

8

$10

.70

$

10.7

8

0.9

9

37

-301

1

Lan

dsc

apin

g an

d G

rou

nd

skee

pin

g W

ork

ers

4,4

38

4

,43

8

364

8

%

669

6

69

3.3

8

$13

.67

$

13.6

7

1.0

0

35

-201

4

Co

oks

, Res

tau

ran

t 4

,04

3

4,0

43

6

96

17%

7

55

755

2

.85

$

15.0

2

$12

.75

1

.18

3

5-3

021

C

om

bin

ed F

oo

d P

rep

arat

ion

an

d S

ervi

ng

Wo

rker

s 3

,49

8

3,4

98

5

84

17%

7

89

789

0

.92

$

10.6

8

$10

.22

1

.04

37

-201

1

Jan

ito

rs a

nd

Cle

aner

s 3

,25

9

3,2

59

5

59

17%

5

77

577

1

.24

$

12.0

9

$12

.58

0

.96

4

3-9

061

O

ffic

e C

lerk

s, G

en

eral

3

,18

0

3,1

80

1

75

6%

4

28

428

0

.92

$

15.7

5

$15

.74

1

.00

3

7-2

012

M

aid

s an

d H

ou

seke

ep

ing

Cle

aner

s 2

,83

8

2,8

38

3

8

1%

3

95

395

1

.88

$

12.4

2

$11

.35

1

.09

4

3-6

014

Se

cret

arie

s an

d A

dm

inis

trat

ive

Ass

ista

nts

2

,74

1

2,7

41

3

5

1%

3

20

320

1

.04

$

17.0

4

$17

.59

0

.97

To

p 1

0 I

nd

ust

rie

s b

y E

mp

loy

me

nt

(6-D

igit

s N

AIC

S)1

3

To

p 1

0 O

ccu

pa

tio

ns

by

Em

plo

ym

en

t (5

-Dig

its

SO

C)1

3


56




DUVAL COUNTY

57

Duval C

ounty

Dat

a So

urc

es:

1 U.S

. Cen

sus

Bu

reau

, Po

pu

lati

on

Div

isio

n; 2 U

niv

ersi

ty o

f Fl

ori

da,

Bu

reau

of

Eco

no

mic

an

d B

usi

nes

s R

esea

rch

(C

ou

nty

an

d S

tate

Pro

ject

ion

s);

3 U.S

. Cen

sus

Bu

reau

, A

CS

20

14

-20

18

. Co

un

ty M

ap: 4

U.S

. Cen

sus

Bu

reau

, LEH

D O

n t

he

Map

.

Key

De

mo

grap

hic

Ind

icat

ors

D

uva

l Fl

ori

da

US

Po

pu

lati

on

, 20

18

1,2

9

50,1

81

2

0,8

40,5

68

327

,16

7,4

34

P

op

ula

tio

n c

han

ge, 2

010

-20

18

, co

un

t 8

5,9

14

2,4

94

,745

1

8,4

09,3

29

Po

pu

lati

on

ch

ange

, 20

10-2

01

8, p

erce

nt

9.9

%

13

.3%

6

.0%

P

op

ula

tio

n, 2

02

52

1,0

03

,884

2

3,0

50,8

00

344

,32

2,5

00

P

op

ula

tio

n c

han

ge, 2

018

-20

25

, per

cen

t 5

.7%

1

0.4

%

5.2

%

Po

pu

lati

on

per

sq

uar

e m

ile, 2

018

1 8

38

389

9

3 M

edia

n a

ge1

36

.1

42

.5

38

.4

Age

co

mp

osi

tio

n1, 2

018

0

-17

yea

rs

29

.4%

1

9.9

%

22

.4%

18

-64

yea

rs5

6.6

%

59

.6%

6

1.6

%

65+

year

s1

4.0

%

20

.5%

1

6.0

%

Edu

cati

on

att

ain

men

t3 , 201

8 L

ess

than

hig

h s

cho

ol

10

.4%

1

2.0

%

12

.3%

H

igh

er s

cho

ol g

rad

uat

e o

r ab

ove

2

1.3

%

88

.0%

8

7.7

%

Ass

oci

ates

’ deg

ree

24

.8%

9

.8%

8

.4%

B

ach

elo

r's

deg

ree

or

hig

her

2

0.3

%

26

.8%

2

9.3

%

Med

ian

ho

use

ho

ld in

com

e1 , 2

018

$

53,4

73

$53

,26

7 $

60,2

93

Bel

ow

po

vert

y1, 2

018

1

4.5

%

13

.6%

1

1.8

%

•Fr

om

20

11-2

01

8, m

uch

of

the

po

pu

lati

on

chan

ge in

Du

val C

ou

nty

has

bee

n d

rive

n b

y

nat

ura

l in

crea

ses,

wh

ich

hav

e b

een

bet

wee

n

app

roxi

mat

ely

4,0

00

and

5,0

00 p

eop

le

ann

ual

ly.

•In

th

e ea

rly

201

0s,

lin

geri

ng

eff

ects

of

the

late

200

0s

ho

usi

ng

cris

is s

tifl

ed n

et d

om

esti

c

mig

rati

on

. Beg

inn

ing

in 2

014

it b

ecam

e

po

siti

ve a

nd

beg

an t

o c

om

pri

se a

larg

e p

ort

ion

of

tota

l po

pu

lati

on

ch

ange

s.

•To

tal p

op

ula

tio

n c

han

ges

pea

ked

at

aro

un

d

14

,000

peo

ple

in 2

016

, wh

ich

co

inci

ded

wit

h a

pea

k in

net

do

mes

tic

mig

rati

on

.

Co

mp

on

en

ts o

f P

op

ula

tio

n1

,2

Ch

an

ge

-40

00

-20

000

20

00

40

00

60

00

80

00

10

00

0

12

00

0

14

00

0

16

00

0

20

11

20

12

20

13

20

14

20

15

20

16

20

17

20

18

An

nu

al C

om

po

nen

ts o

f R

esid

ent

Pop

ula

tio

n C

han

ge (

20

11

-2

01

8)

Nat

ura

l In

cre

ase

Net

Mig

rati

on

, In

tern

atio

nal

Net

Mig

rati

on

, Do

mes

tic


58

Duval C

ounty

Dat

a So

urc

es:

5 EMSI

– Q

CEW

Em

plo

yees

, No

n-Q

CEW

Em

plo

yees

, an

d S

elf-

Emp

loye

d;

6 US

Bu

reau

of

Lab

or

Stat

isti

cs

7 U.S

. Cen

sus

Bu

reau

, Po

pu

lati

on

Div

isio

n; 8

Un

iver

sity

of

Flo

rid

a, B

ure

au o

f Ec

on

om

ic a

nd

Bu

sin

ess

Res

earc

h (

Co

un

ty a

nd

Sta

te P

roje

ctio

ns)

. 9 U.S

. Cen

sus

Bu

reau

, On

TheM

ap

Ap

plic

atio

n a

nd

LEH

D O

rigi

n-D

esti

nat

ion

Em

plo

ymen

t St

atis

tics

. *Fo

r ge

ogr

aph

ical

ly d

ista

nt

loca

tio

ns,

it is

like

ly t

o b

e se

aso

nal

wo

rk o

r a

chan

ge in

res

iden

ce d

uri

ng

the

year

.

Key

Eco

no

mic

Ind

icat

ors

D

uva

l Fl

ori

da

US

Job

s4 , 201

9 5

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Ch

ange

(%

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job

s fr

om

20

10

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%

23

%

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roje

cted

em

plo

ymen

t gr

ow

th, 2

019

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%

9.5

%

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N

um

ber

of

est

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ents

1 , 201

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tab

lish

men

ts p

er 1

000

po

pu

lati

on

2

7 2

7

24

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vera

ge e

arn

ings

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01

9 $

63,8

37

$

53,3

76

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9 R

elat

ive

ear

nin

gs (

US

= 1

00%

) 1

04%

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7%

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%

Lab

or

forc

e p

arti

cip

atio

n r

ate

6 , 20

14

64

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5

8.5

%

58

.5%

U

nem

plo

ymen

t ra

te5 (

Oct

, 201

9),

NSA

3

.0%

2

.9%

2

.9%

G

ross

reg

ion

al p

rod

uct

(m

illio

n)5 , 2

015

$

68,9

29

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1,0

59,7

85

$20

,78

0,0

64

G

RP

per

cap

ita

$71

,69

3.5

3

$49

,00

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5

$63

,84

.72

Po

pu

lati

on

Gro

wth

7,8

•O

ver

the

last

20

yea

rs, D

uva

l’s

gro

wth

has

exc

eed

ed t

hat

of

the

US,

bu

t fa

llen

sig

nif

ican

tly

beh

ind

th

at o

f

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rid

a as

a w

ho

le.

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esp

ite

two

maj

or

hu

rric

anes

in2

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urr

ican

e M

atth

ew)

and

201

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ma)

th

at s

ever

ely

dam

aged

mu

ch o

f th

e co

un

ty,

po

pu

lati

on

gro

wth

has

bee

nco

nst

ant

fro

m 2

014

on

war

d.

Co

mm

uti

ng

Pa

tte

rns,

20

17

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val C

ou

nty

, FL

Cla

y C

ou

nty

, FL

St. J

oh

ns

Co

un

ty, F

L

Nas

sau

Co

un

ty, F

L

Hill

sbo

rou

gh C

ou

nty

, FL

Ora

nge

Co

un

ty, F

L

Vo

lusi

a C

ou

nty

, FL

Pin

ella

s C

ou

nty

, FL

Bro

war

d C

ou

nty

, FL

Mia

mi-

Dad

e C

ou

nty

, FL

All

Oth

er L

oca

tio

ns

Top

9 C

ou

nti

es o

f R

esid

ence

fo

r Em

plo

yees

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rkin

g in

Du

val

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un

ty*

27

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35

,95

2

Du

val C

ou

nty

, FL

Cla

y C

ou

nty

, FL

St. J

oh

ns

Co

un

ty, F

L

Ora

nge

Co

un

ty, F

L

Hill

sbo

rou

gh C

ou

nty

, FL

Bro

war

d C

ou

nty

, FL

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sau

Co

un

ty, F

L

Vo

lusi

a C

ou

nty

, FL

Ala

chu

a C

ou

nty

, FL

Sem

ino

le C

ou

nty

, FL

All

Oth

er L

oca

tio

ns

Top

9 C

ou

nti

es W

her

e D

uva

l Co

un

ty

Re

sid

ents

Are

Em

plo

yed

*

20

19

, 22

.4%

20

19

, 34

.0%

20

19

, 17

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0%

20

%

40

%

60

%

80

%

Tota

l Po

pu

lati

on

Ind

exe

d t

o 2

00

0

DU

VA

L, F

L

FLO

RID

A

UN

ITED

STA

TES


59

Duval C

ounty

No

te:

Lab

els

in B

ub

ble

ch

arts

co

nta

in in

du

stry

sec

tor

nam

e an

d 2

01

9 e

mp

loym

ent.

Dat

a So

urc

e:

10EM

SI –

QC

EW E

mp

loye

es, N

on

-QC

EW E

mp

loye

es, a

nd

Sel

f-Em

plo

yed

; 11

US

Bu

reau

of

Lab

or

Stat

isti

cs

Em

plo

ym

en

t T

ren

ds1

1

To

p I

nd

ust

ry S

ect

ors

(2

-Dig

it N

AIC

S)1

0

NA

ICs)

()(

)Em

plo

ym

en

t•

Fro

m 2

012

-20

19

, Du

val C

ou

nty

exp

erie

nce

d

gro

wth

in e

very

ind

ust

ry e

xcep

t

Go

vern

men

t, w

hic

h c

on

trac

ted

by

7%

, an

d

Info

rmat

ion

, wh

ich

co

ntr

acte

d 5

%.

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inin

g, Q

uar

ryin

g, a

nd

Oil

and

Gas

Extr

acti

on

was

th

e fa

stes

t- g

row

ing

ind

ust

ry

sect

or

wit

h g

row

th o

f 1

64%

.

•Th

e h

igh

est

aver

age

earn

ings

($1

57,9

57

)

bel

on

gs t

o M

anag

emen

t o

f C

om

pan

ies

and

Ente

rpri

ses,

wh

ile t

he

low

est

corr

esp

on

ds

to

Acc

om

mo

dat

ion

an

d F

oo

d S

ervi

ces

($22

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1).

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e h

igh

est

aver

age

earn

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rel

ativ

e to

th

e

nat

ion

’s b

elo

ngs

to

Art

s, E

nte

rtai

nm

ent,

an

d

Rec

reat

ion

($6

0,1

90 v

s $

43,0

11).

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om

20

10-2

01

7, D

uva

l Co

un

ty h

ad h

igh

ly s

easo

nal

emp

loym

ent

tren

ds

that

tra

cke

d v

ery

clo

sely

wit

h F

lori

da.

Ho

wev

er, i

n la

te 2

018

to

ear

ly 2

01

9, D

uva

l had

a

do

wn

turn

th

at w

as s

ligh

tly

len

gth

ier

and

dee

per

th

an

that

exp

erie

nce

d b

y Fl

ori

da

ove

rall.

•D

uva

l’s m

edia

n a

ge, o

ne

of

the

low

est

in t

he

stat

e,

refl

ects

a c

on

tin

uin

g tr

end

of

incr

easi

ngl

y yo

un

g, jo

b

see

kin

g p

eop

le m

igra

tin

g to

th

e co

un

ty.

Hea

lth

Car

e an

d S

oci

al

Ass

ista

nce

, 7

5,7

19

Go

vern

men

t, 6

5,0

36

Ret

ail T

rad

e, 5

9,7

43

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om

mo

dat

ion

an

d F

oo

d

Serv

ices

, 48

,80

0

Fin

ance

an

d In

sura

nce

, 4

8,3

05

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min

istr

ativ

e an

d

Sup

po

rt a

nd

W

aste

M

anag

emen

t an

d

Rem

edia

tio

n

Serv

ices

, 44

,29

4

Tran

spo

rtat

ion

an

d

War

eho

usi

ng,

39

,11

5

Co

nst

ruct

ion

, …

Pro

fess

ion

al, S

cien

tifi

c,

and

Tec

hn

ical

Ser

vice

s,

36

,06

0

Oth

er S

ervi

ces

(exc

ept

Pu

blic

Ad

min

istr

atio

n),

2

6,8

33

$0

$20,

000

$40,

000

$60,

000

$80,

000

$100

,00

0

$120

,00

0

-20

%-1

0%

0%

10

%2

0%

30

%4

0%

50

%6

0%

70

%


Per

cen

t C

han

ge in

Em

plo

ymen

t, 2

01

2-2

01

9

Top

10

Ind

ust

rie

s b

y Em

plo

yme

nt

(20

12

-20

19

)

Bel

ow

75

% o

f U

S Ea

rnin

gs p

erW

ork

erB

etw

een

75

% a

nd

10

0%

Ab

ove

10

0%

of

US

Earn

ings

per

Wo

rker

-4.0

%

-3.0

%

-2.0

%

-1.0

%

0.0

%

1.0

%

2.0

%

3.0

%

4.0

%

5.0

%Em

plo

yme

nt

Gro

wth

, Pe

rcen

t C

han

ge, Y

ear

ove

r Y

ear

Flo

rid

aD

uva

lU

nit

ed S

tate

s


60

Duval C

ounty

No

tes:

LQ

’s >

= th

an 1

.25

are

hig

hlig

hte

d. E

arn

ings

ab

ove

th

e re

gio

nal

ave

rage

ear

nin

gs f

or

all i

nd

ust

ries

of

$6

3,8

37

an

d o

ccu

pat

ion

s o

f $

24

.16

per

ho

ur

are

hig

hlig

hte

d.

Rel

ativ

e Ea

rnin

gs a

bo

ve t

he

US

are

in g

reen

, wh

ile e

arn

ings

bel

ow

th

e U

S ar

e re

d.

Dat

a So

urc

e:

12EM

SI –

QC

EW E

mp

loye

es, N

on

-QC

EW E

mp

loye

es, a

nd

Sel

f-Em

plo

yed

;

NA

ICS

De

scri

pti

on

2

019

Jo

bs

Fore

cast

G

row

th, 2

019

-2

024

2

019

LQ

(U

S=1

.00

) 2

019

To

tal

Earn

ings

201

9

Nat

ion

al

Tota

l

Re

lati

ve

Earn

ings

(U

S=1

) N

et

%

6221

10

G

ener

al M

edic

al a

nd

Su

rgic

al H

osp

ital

s 2

1,3

73

21

,373

1

474

7

%

1.3

1

$68

,23

1.6

4

$80

,66

8

0.8

5

7225

11

Fu

ll-Se

rvic

e R

esta

ura

nts

1

8,7

00

18

,700

1

214

6

%

0.9

8

$24

,75

2.7

2

$25

,78

0

0.9

6

6211

11

O

ffic

es o

f P

hys

icia

ns

(exc

ept

Men

tal H

ealt

h S

pec

ialis

ts)

17

,394

1

7,3

94

232

5

13%

1

.91

$

114

,011

.02

$

112

,599

1

.01

7225

13

Li

mit

ed-S

ervi

ce R

esta

ura

nts

1

7,0

07

17

,007

1

684

1

0%

1.1

0

$18

,04

8.0

5

$19

,31

6

0.9

3

9011

99

Fe

der

al G

ove

rnm

ent,

Civ

ilian

, Exc

lud

ing

Po

stal

Ser

vice

1

4,1

50

14

,150

7

09

5%

1

.79

$

103

,162

.16

$

128

,275

0

.80

9039

99

Lo

cal G

ove

rnm

ent,

Exc

lud

ing

Edu

cati

on

an

d H

osp

ital

s 1

2,9

00

12

,900

2

82

2%

0

.65

$

75,0

09

.96

$

80,9

41

0

.93

5613

20

Te

mp

ora

ry H

elp

Ser

vice

s 1

1,8

75

11

,875

8

9

1%

1

.16

$

45,3

81

.53

$

41,0

36

1

.11

9036

11

El

emen

tary

an

d S

eco

nd

ary

Sch

oo

ls (

Loca

l Go

vern

men

t)

11

,445

1

1,4

45

330

3

%

0.4

6

$64

,10

6.4

5

$70

,29

6

0.9

1

5221

10

C

om

mer

cial

Ban

kin

g 1

0,6

51

10

,651

5

87

6%

2

.27

$

91,1

11

.78

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104

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0

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9012

00

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der

al G

ove

rnm

ent,

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tary

1

0,5

59

10

,559

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449

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3%

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0

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1.0

0

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7

1.3

4

SOC

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esc

rip

tio

n

201

9 J

ob

s

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cast

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row

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ject

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pen

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019

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9

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dia

n

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url

y Ea

rnin

gs

201

9

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ion

al

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dia

n

Ho

url

y

Re

lati

ve

Earn

ings

(U

S=1

) N

et

%

43

-405

1

Cu

sto

mer

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vice

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rese

nta

tive

s 1

8,6

24

18

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5

95

3%

2

,64

5

2,6

45

1

.84

$

15.6

3

$16

.22

0

.96

4

1-2

031

R

etai

l Sal

esp

erso

ns

15

,449

1

5,4

49

542

4

%

2,4

03

2

,40

3

0.9

9

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.51

$

11.6

5

0.9

9

53

-706

2

Lab

ore

rs a

nd

Fre

igh

t 1

4,3

56

14

,356

1

584

1

1%

2,4

29

2

,42

9

1.3

7

$13

.20

$

13.5

8

0.9

7

43

-906

1

Off

ice

Cle

rks,

Ge

ner

al

12

,615

1

2,6

15

251

2

%

1,5

91

1

,59

1

1.0

7

$14

.95

$

15.7

4

0.9

5

41

-201

1

Cas

hie

rs

12

,364

1

2,3

64

329

3

%

2,4

39

2

,43

9

0.9

9

$10

.15

$

10.7

8

0.9

4

35

-302

1

Co

mb

ined

Fo

od

Pre

par

atio

n a

nd

Ser

vin

g W

ork

ers

11

,997

1

1,9

971

575

1

3%

2,5

83

2

,58

3

0.9

3

$9

.35

$

10.2

2

0.9

2

29

-114

1

Reg

iste

red

Nu

rses

1

1,3

41

11

,341

1

213

1

1%

876

8

76

1.0

8

$29

.40

$

34.4

6

0.8

5

53

-303

2

Hea

vy a

nd

Tra

cto

r-Tr

aile

r Tr

uck

Dri

vers

1

0,3

46

10

,346

6

82

7%

1

,35

9

1,3

59

1

.42

$

20.3

4

$20

.93

0

.97

3

5-3

031

W

aite

rs a

nd

Wai

tres

ses

9,5

08

9

,50

8

412

4

%

1,9

49

1

,94

9

1.0

6

$9

.40

$

10.4

7

0.9

0

43

-508

1

Sto

ck C

lerk

s an

d O

rder

Fill

ers

8,6

73

8

,67

3

536

6

%

1,3

01

1

,30

1

1.2

1

$12

.06

$

12.3

6

0.9

8

To

p 1

0 I

nd

ust

rie

s b

y E

mp

loy

me

nt

(6-D

igit

s N

AIC

S)1

2

To

p 1

0 O

ccu

pa

tio

ns

by

Em

plo

ym

en

t (5

-Dig

its

SO

C)1

2


61




LEE COUNTY

62

Lee C

ounty

Dat

a So

urc

es:

1 U.S

. Cen

sus

Bu

reau

, Po

pu

lati

on

Div

isio

n; 2 U

niv

ersi

ty o

f Fl

ori

da,

Bu

reau

of

Eco

no

mic

an

d B

usi

nes

s R

esea

rch

(C

ou

nty

an

d S

tate

Pro

ject

ion

s);

3 U.S

. Cen

sus

Bu

reau

, A

CS

20

14

-20

18

. Co

un

ty M

ap: 4

U.S

. Cen

sus

Bu

reau

, LEH

D O

n t

he

Map

.

-50

000

50

00

10

00

0

15

00

0

20

00

0

25

00

0

30

00

0

20

11

20

12

20

13

20

14

20

15

20

16

20

17

20

18

An

nu

al C

om

po

nen

ts o

f R

esid

ent

Pop

ula

tio

n C

han

ge (

20

11

-2

01

8)

Nat

ura

l In

cre

ase

Net

Mig

rati

on

, In

tern

atio

nal

Net

Mig

rati

on

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ual

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tic

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on

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n o

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al m

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ng

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ounty

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urc

es:

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plo

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elf-

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of

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isti

cs

7 U.S

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sus

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pu

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isio

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iver

sity

of

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rid

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ure

au o

f Ec

on

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ic a

nd

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sin

ess

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earc

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un

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nd

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sus

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reau

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ap

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plic

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nd

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plo

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ly t

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vern

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6,12

136

16%

831

1.01

$14.

58$1

5.74

0.93

29-1

141

Re

gist

ere

d N

urs

es

5,73

359

810

%43

91.

06$3

1.64

$34.

460.

92

47-2

061

Co

nst

ruct

ion

Lab

ore

rs5,

341

674

13%

764

2.00

$14.

85$1

6.49

0.90

43-6

014

Secr

eta

rie

s an

d A

dm

inis

trat

ive

Ass

ista

nts

4,56

612

43%

549

0.99

$16.

32$1

7.59

0.93

2019

Nat

ion

al

Me

dia

n

Ho

url

y

Re

lati

ve

Earn

ings

(US=

1)

Pro

ject

ed

An

nu

al

Op

en

ings

2019

Jo

bs

2019

LQ

(US=

1.00

)

2019

Me

dia

n

Ho

url

y

Earn

ings

SOC

De

scri

pti

on

Fore

cast

Gro

wth

,

2019

-202

4

To

p 1

0 I

nd

ust

rie

s b

y E

mp

loy

me

nt

(6-D

igit

s N

AIC

S)1

2

To

p 1

0 O

ccu

pa

tio

ns

by

Em

plo

ym

en

t (5

-Dig

its

SO

C)1

2


66




MIAMI/DADE COUNTY

67

Mia

mi-

Dade C

ounty

Dat

a So

urc

es:

1 U.S

. Cen

sus

Bu

reau

, Po

pu

lati

on

Div

isio

n; 2 U

niv

ersi

ty o

f Fl

ori

da,

Bu

reau

of

Eco

no

mic

an

d B

usi

nes

s R

esea

rch

(C

ou

nty

an

d S

tate

Pro

ject

ion

s);

3 U.S

. Cen

sus

Bu

reau

, A

CS

20

14

-20

18

. Co

un

ty M

ap: 4

U.S

. Cen

sus

Bu

reau

, LEH

D O

n t

he

Map

.

Key

De

mo

grap

hic

Ind

icat

ors

M

iam

i-D

ade

Flo

rid

a U

S P

op

ula

tio

n, 2

01

81

,2

2,7

61

,581

2

0,8

40,5

68

327

,16

7,4

34

P

op

ula

tio

n c

han

ge, 2

010

-20

18

, co

un

t 2

63,5

68

2

,49

4,7

45

18

,409

,329

P

op

ula

tio

n c

han

ge, 2

010

-20

18

, per

cen

t 1

0.6

%

13

.3%

6

.0%

P

op

ula

tio

n, 2

02

52

2,9

65

,680

2

3,0

50,8

00

344

,32

2,5

00

P

op

ula

tio

n c

han

ge, 2

018

-20

25

, per

cen

t 6

.7%

1

0.4

%

5.2

%

Po

pu

lati

on

per

sq

uar

e m

ile, 2

018

1 1

316

3

89

93

Med

ian

age

1 4

0.1

4

2.5

3

8.4

A

ge c

om

po

siti

on

1, 2

018

0

-17

yea

rs

26%

1

9.9

%

22

.4%

18

-64

yea

rs5

7.8

%

59

.6%

6

1.6

%

65+

year

s1

6.2

%

20

.5%

1

6.0

%

Edu

cati

on

att

ain

men

t3 , 201

8 L

ess

than

hig

h s

cho

ol

18

.5%

1

2.0

%

12

.3%

H

igh

sch

oo

l gra

du

ate

or

abo

ve

81

.5%

8

8.0

%

87

.7%

A

sso

ciat

es’ d

egre

e 2

2.6

%

9.8

%

8.4

%

Bac

hel

or'

s d

egre

e o

r h

igh

er

19

.2%

2

6.8

%

29

.3%

M

edia

n h

ou

seh

old

inco

me

1 , 201

8

$48

,98

2

$53

,26

7 $

60,2

93

Bel

ow

po

vert

y1, 2

018

1

6%

13

.6%

1

1.8

%

•Fr

om

20

10-2

01

1, M

iam

i-D

ade

exp

erie

nce

d

po

siti

ve n

et d

om

esti

c m

igra

tio

n. H

ow

ever

, net

do

mes

tic

mig

rati

on

has

bee

n n

egat

ive

ever

sin

ce, l

ikel

y re

flec

tin

g re

sid

ents

bei

ng

dis

pla

ced

by

incr

easi

ng

ho

usi

ng

cost

s p

ost

-fin

anci

al c

risi

s

reco

very

.

•In

201

7 a

nd

20

18, n

et d

om

esti

c m

igra

tio

n w

as

sub

stan

tial

ly m

ore

neg

ativ

e (a

rou

nd

-3

0,0

00

to

aro

un

d -

50,0

00)

, as

a re

sult

of

sub

stan

tial

ho

usi

ng

sto

ck d

amag

e fo

llow

ing

Hu

rric

ane

Irm

a.

Co

mp

on

en

ts o

f P

op

ula

tio

n1

,2

Ch

an

ge

-60

00

0

-40

00

0

-20

00

00

20

00

0

40

00

0

60

00

0

80

00

0

20

11

20

12

20

13

20

14

20

15

20

16

20

17

20

18

An

nu

al C

om

po

nen

ts o

f R

esid

ent

Pop

ula

tio

n C

han

ge (

20

11

-2

01

8)

Nat

ura

l In

cre

ase

Net

Mig

rati

on

, In

tern

atio

nal

Net

Mig

rati

on

, Do

mes

tic


68

Mia

mi-

Dade C

ounty

Dat

a So

urc

es:

5 EMSI

– Q

CEW

Em

plo

yees

, No

n-Q

CEW

Em

plo

yees

, an

d S

elf-

Emp

loye

d;

6 US

Bu

reau

of

Lab

or

Stat

isti

cs

7 U.S

. Cen

sus

Bu

reau

, Po

pu

lati

on

Div

isio

n; 8

Un

iver

sity

of

Flo

rid

a, B

ure

au o

f Ec

on

om

ic a

nd

Bu

sin

ess

Res

earc

h (

Co

un

ty a

nd

Sta

te P

roje

ctio

ns)

. 9 U.S

. Cen

sus

Bu

reau

, On

TheM

ap

Ap

plic

atio

n a

nd

LEH

D O

rigi

n-D

esti

nat

ion

Em

plo

ymen

t St

atis

tics

. *Fo

r ge

ogr

aph

ical

ly d

ista

nt

loca

tio

ns,

it is

like

ly t

o b

e se

aso

nal

wo

rk o

r a

chan

ge in

res

iden

ce d

uri

ng

the

year

.

Key

Eco

no

mic

Ind

icat

ors

M

iam

i-D

ade

Flo

rid

a U

S Jo

bs4 , 2

019

1,3

41

,14

5

9,8

10,8

42

1

58,5

24

,65

1 C

han

ge (

%)

in jo

bs

fro

m 2

01

0 2

2%

2

3%

9

%

Pro

ject

ed e

mp

loym

ent

gro

wth

, 201

9 -

20

284

10%

9

.5%

8

%

Nu

mb

er o

f e

stab

lish

men

ts1 , 2

017

84

,80

3

557

,30

8

7,8

60

,67

4

Esta

blis

hm

ents

per

10

00 p

op

ula

tio

n

30

2

7

24

A

vera

ge e

arn

ings

5, 2

020

$

63,1

39

$

58

,85

5

$67

,97

9

Rel

ativ

e e

arn

ings

(U

S =

100

%)

93%

8

7%

100

%

Lab

or

forc

e p

arti

cip

atio

n r

ate

6 , 20

19

6

3%

5

8.5

%

58

.5%

U

nem

plo

ymen

t ra

te5 (

Oct

, 201

9),

NSA

2

.9%

2

.9%

2

.9%

G

ross

reg

ion

al p

rod

uct

(m

illio

n)5 , 2

015

$

167

,29

2

$1

,059

,785

$

20,7

80

,06

4

GR

P p

er c

apit

a $

59,9

93

.33

$

49,0

07

.85

$

63,8

4.7

2

Po

pu

lati

on

Gro

wth

7,8

•Fr

om

20

00

-20

07, M

iam

i-D

ade’

s

po

pu

lati

on

gre

w a

t a

rate

sim

ilar

to

that

of

the

US.

•B

egin

nin

g in

200

8, M

iam

i-D

ade

beg

an t

o g

row

mu

ch f

aste

r, w

ith

an

aver

age

gro

wth

rat

e n

earl

y e

qu

al t

oth

e st

ate

of

Flo

rid

a fr

om

200

8-2

019

.

•It

is p

red

icte

d t

hat

th

e co

un

ty w

illex

per

ien

ce s

imila

rly

hea

lth

y gr

ow

thra

tes

fro

m 2

020

to

20

25, a

s w

ell.

Co

mm

uti

ng

Pa

tte

rns,

20

17

9

69

9,1

62

13

9,3

06

30

,08

9

8,9

51

7,9

18

7,0

59

5,5

87

3,6

77

3,5

72

3,4

92

38

,80

3

Mia

mi-

Dad

e C

ou

nty

, FL

Bro

war

d C

ou

nty

, FL

Pal

m B

each

Co

un

ty, F

L

Ora

nge

Co

un

ty, F

L

Hill

sbo

rou

gh C

ou

nty

, FL

Lee

Co

un

ty, F

L

Mo

nro

e C

ou

nty

, FL

Co

llie

r C

ou

nty

, FL

Pin

ella

s C

ou

nty

, FL

St. L

uci

e C

ou

nty

, FL

All

Oth

er L

oca

tio

ns

Top

9 C

ou

nti

es

of

Re

sid

en

ce f

or

Emp

loye

es

Wo

rkin

g in

Mia

mi-

Dad

e

Co

un

ty*

69

9,1

62

11

5,4

66

30

,20

1

11

,40

9

8,7

93

5,6

19

4,6

51

4,3

65

3,7

64

2,5

52

26

,75

2

Mia

mi-

Dad

e C

ou

nty

, FL

Bro

war

d C

ou

nty

, FL

Pal

m B

each

Co

un

ty, F

L

Ora

nge

Co

un

ty, F

L

Hill

sbo

rou

gh C

ou

nty

, FL

Lee

Co

un

ty, F

L

Mo

nro

e C

ou

nty

, FL

Du

val C

ou

nty

, FL

Co

llie

r C

ou

nty

, FL

Pin

ella

s C

ou

nty

, FL

All

Oth

er L

oca

tio

ns

Top

9 C

ou

nti

es W

her

e M

iam

i-D

ade

Co

un

ty

Res

ide

nts

Are

Em

plo

yed

*

20

19

, 24

.16

%

20

19

, 34

.0%

20

19

, 17

.1%

0%

20

%

40

%

60

%

Tota

l Po

pu

lati

on

Ind

exed

to

20

00

MIA

MI-

DA

DE,

FL

FLO

RID

A

UN

ITED

STA

TES


69

Mia

mi-

Dade C

ounty

No

te:

Lab

els

in B

ub

ble

ch

arts

co

nta

in in

du

stry

sec

tor

nam

e an

d 2

01

9 e

mp

loym

ent.

Dat

a So

urc

e:

10EM

SI –

QC

EW E

mp

loye

es, N

on

-QC

EW E

mp

loye

es, a

nd

Sel

f-Em

plo

yed

; 11

US

Bu

reau

of

Lab

or

Stat

isti

cs

Em

plo

ym

en

t T

ren

ds1

1

To

p I

nd

ust

ry S

ect

ors

(2

-Dig

it N

AIC

S)1

0

NA

ICs)

()(

)Em

plo

ym

en

t•

Fro

m 2

012

-20

19

, Mia

mi-

Dad

e C

ou

nty

exp

erie

nce

d g

row

th in

all

of

its

larg

est

ind

ust

ries

.

•C

on

stru

ctio

n w

as t

he

fast

est-

gro

win

g

ind

ust

ry s

ect

or

wit

h g

row

th o

f 5

4%.

•U

tilit

ies

was

th

e o

nly

ind

ust

ry w

hic

h

con

trac

ted

du

rin

g th

is p

erio

d.

•Th

e h

igh

est

aver

age

earn

ings

($

161,

227

)

bel

on

gs t

o M

anag

emen

t o

f C

om

pan

ies

and

Ente

rpri

ses,

wh

ile t

he

low

est

corr

esp

on

ds

to

Oth

er S

ervi

ces

(exc

ept

Pu

blic

Ad

min

istr

atio

n)

($26

,041

).

•Th

e h

igh

est

aver

age

earn

ings

rel

ativ

e to

th

e

nat

ion

’s b

elo

ngs

to

Art

s, E

nte

rtai

nm

ent,

an

d

Rec

reat

ion

($6

5,5

27

vs

$43

,01

1).

•M

iam

i-D

ade

Co

un

ty h

as 1

3 in

du

stri

es w

ho

se

earn

ings

are

bel

ow

th

e n

atio

nal

ave

rage

, th

e

low

est

of

wh

ich

is M

anu

fact

uri

ng,

at

73%

.

•M

iam

i-D

ade

Co

un

ty e

mp

loym

ent

reco

vere

d m

uch

mo

re

rap

idly

fro

m t

he

late

200

0’s

fin

anci

al c

risi

s th

an t

he

stat

e,

or

the

US

as a

wh

ole

.

•D

esp

ite

this

rap

id r

eco

very

, em

plo

ymen

t in

th

e co

un

ty

has

had

man

y m

ult

iple

per

iod

s o

f n

egat

ive

gro

wth

th

at

we

re n

ot

exp

erie

nce

d in

th

e co

mp

aris

on

reg

ion

s.

•M

ost

rec

entl

y, e

mp

loym

ent

in M

iam

i-D

ade

slu

mp

ed a

s a

resu

lt o

f H

urr

ican

e Ir

ma,

wh

ich

mad

e la

nd

fall

in la

te

201

7.

-6.0

0%

-4.0

0%

-2.0

0%

0.0

0%

2.0

0%

4.0

0%

6.0

0%

8.0

0%

Emp

loym

en

t G

row

th, P

erc

ent

Ch

ange

, Ye

ar o

ver

Ye

ar

Flo

rid

aM

iam

i-D

ade

Un

ited

Sta

tes

Hea

lth

Car

e an

d S

oci

al

Ass

ista

nce

, 1

61

,64

6

Ret

ail T

rad

e, 1

51

,44

6

Go

vern

men

t, 1

49

,32

9

Acc

om

mo

dat

ion

an

d

Foo

d S

ervi

ces,

13

0,0

94

Ad

min

istr

ativ

e an

d

Sup

po

rt a

nd

Was

te

Man

agem

ent

and

R

emed

iati

on

Ser

vice

s,

94

,40

1

Pro

fess

ion

al, S

cien

tifi

c,

and

Tec

hn

ical

Ser

vice

s,

93

,25

9

Tran

spo

rtat

ion

an

d

War

eho

usi

ng,

89

,87

1

Co

nst

ruct

ion

, 78

,71

5

Oth

er S

ervi

ces

(exc

ept

Pu

blic

Ad

min

istr

atio

n),

7

0,4

22

Wh

ole

sale

Tra

de,

69

,00

1

$0

$20,

000

$40,

000

$60,

000

$80,

000

$100

,00

0

$120

,00

0

-10

%0

%1

0%

20

%3

0%

40

%5

0%

60

%7

0%

Average Earnings, 2019

Per

cen

t C

han

ge in

Em

plo

ymen

t, 2

01

2-2

01

9

Top

10

Ind

ust

rie

s b

y Em

plo

yme

nt

(20

12

-20

19

)

Bel

ow

75

% o

f U

S Ea

rnin

gs

Bet

wee

n7

5%

an

d 1

00

%A

bo

ve 1

00

% o

f U

S Ea

rnin

gs


70

Mia

mi-

Dade C

ounty

No

tes:

LQ

’s >

= th

an 1

.25

are

hig

hlig

hte

d. E

arn

ings

ab

ove

th

e re

gio

nal

ave

rage

ear

nin

gs f

or

all i

nd

ust

ries

of

$6

3,1

39

an

d o

ccu

pat

ion

s o

f $

23

.92

per

ho

ur

are

hig

hlig

hte

d.

Rel

ativ

e Ea

rnin

gs a

bo

ve t

he

US

are

in g

reen

, wh

ile e

arn

ings

bel

ow

th

e U

S ar

e re

d.

Dat

a So

urc

e:

12EM

SI –

QC

EW E

mp

loye

es, N

on

-QC

EW E

mp

loye

es, a

nd

Sel

f-Em

plo

yed

;

Ne

t%

722511

Full

-Ser

vice

Res

tau

ran

ts5

1,6

61

63

32

12

%1

.15

$3

2,2

60

.97

$2

5,7

80

1.2

5

622110

Gen

eral

Med

ical

an

d S

urg

ical

Ho

spit

als

46

,62

13

13

37

%1

.21

$8

4,9

05

.22

$8

0,6

68

1.0

5

903999

Loca

l Go

vern

men

t, E

xclu

din

g Ed

uca

tio

n a

nd

Ho

spit

als

45

,25

73

71

1%

0.9

7$

97

,46

0.5

4$

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CITATIONS AND SOURCES

72


CITATIONS AND SOURCES

i Stanley K. Smith, “Florida Population Growth: Past, Present and Future,” University of Florida Bureau of Business and Economic Research (BEBR), June 2005. ii Woods & Poole Economics, 2019, and author’s calculations.iii Federal Reserve Bank of Philadelphia, Leading Index for Florida [FLSLIND], retrieved from FRED website, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/FLSLIND, February 2020. iv Catherine Hausman and Ryan Kellogg, “Welfare and Distributional Implications of Shale Gas,” National Bureau of Economic Research (“NBER”) Working Paper 21115, April 2015. Also, Knittel, el al., “Natural Gas Prices and Coal Displacement: Evidence from Electricity Markets,” NBER Working Paper 21627, October 2015. v Holland, et al., “Decompositions and Policy Consequences of an Extraordinary Decline in Air Pollution from Electricity Generation,” NBER Working Paper 25339, December 2018. See pages 2 and 8 for descriptions of declines in pollutants and for damages by pollutant and by fuel. vi See, e.g., Knittel, el al., “Natural Gas Prices and Coal Displacement: Evidence from Electricity Markets,” NBER Working Paper 21627, October 2015. Also, Joseph Cullen and Erin Mansur, “Inferring Carbon Abatement Costs in Electricity Markets: A Revealed Preference Approach using the Shale Revolution,” NBER Working Paper 20795, December 2014. vii EIA “Natural gas-fired power generation has grown in Florida, displacing coal,” in Today in Energy, September 9, 2019. viii Woods & Poole Economics, 2019, and author’s calculations.

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