Friday, November 21, 2014

Utah's Employment Situation for October 2014

Utah's Employment Situation for October 2014 has been released on the web.

Find the Current Economic Situation in its entirety here and an analysis about the question about if Utah is at full employment here.

For charts and tables, including County Employment, go to the Employment and Unemployment page.

Next update scheduled for December 19th.

Monday, October 27, 2014

364 Manufacturing Reports from Economic Census Industry Series

In recognition of Manufacturing Day on October 3, the Census Bureau presents descriptions of its wide array of data products on the manufacturing sector of the economy. Additionally, statistics on all 364 industries in the manufacturing sector are now available from the 2012 Economic Census.

Click to enlarge
Data includes:
  • 2012 Economic Census Industry Series
  • 2012 County Business Patterns
  • Annual Survey of Manufactures
  • Survey of Plant Capacity Utilization
  • Manufacturers’ Shipments, Inventories, and Orders (M3)
  • U.S. International Trade in Goods
  • Additional Economic Indicators

Also released is a county-level thematic map (right) showing the percentage of the civilian employed population employed in manufacturing jobs.

For more information including links, see the U.S. Census Bureau.

Thursday, October 23, 2014

Employment by Major Industry

Employment by Major Industry (or Nonfarm Employment) is compiled payroll data for nonfarm workers. Nonfarm workers are all employees excluding government employees, private household employees, employees of nonprofit organizations and farm employees. DWS economists have broken these documents into county regions and are an important economic indicator of the current economic situation. For more: Why no "Farm" in Nonfarm Jobs?

Second quarter 2014 has been updated for counties in the Wasatch Front North region. These can be found on each county's page in the links to right, as well as below.

Monthly Consumer Price Index (CPI) updated

The Consumer Price Indexes (CPI) program produces monthly data on changes in the prices paid by urban consumers for a representative basket of goods and services.

There is no CPI data specific to Utah, so national data is relied upon for this page.

For monthly and annual CPI data see here.

Updated Economic Snapshots available

Economic snapshots give you a two-page look at quick facts, labor force, sales, building and unemployment insurance, for each county in Utah, and are updated by each DWS Regional Economist.

For the latest economic snapshot for your county, check out the updated files on our website for Davis, Morgan and Weber counties.

Note: refreshing browser may be necessary for current information. 

Monday, October 20, 2014

Utah's Seasonally Adjusted Unemployment Rates

Seasonally adjusted unemployment rates for all Utah counties have been posted online here.

Each month, these rates are posted the Monday following the Unemployment Rate Update for Utah.

For more information about seasonally adjusted rates, read a DWS analysis here.

Next update scheduled for November 17th.

Tuesday, October 7, 2014

Woods Cross Kmart to close in early December

“Store closures are part of a series of actions we’re taking to reduce ongoing expenses, adjust our asset base and accelerate the transformation of our business model,” said Chris Braithwaite of Sears Holding. “These actions will better enable us to focus our investments on serving our customers and members through integrated retail—at the store, online and at home.”

The closing comes as Sears Holdings, the parent company, has announced similar store shutdowns in several other locations in the country. Brathwaite said eligible employees will receive severance and be given the opportunity to apply for open positions at other area Sears or Kmart stores. The Woods Cross store currently has 54 employees, most of them part time or hourly. Davis County Clipper

Tuesday, September 23, 2014

Local Insights updated on the web

The Fall 2014 issues of Local Insights has been updated on the web.

This edition focuses on the area's dynamic population. To see more, click here.

To receive a copy of any or all issues, call 801-526-9785

Printed copies expected between October 6 - October 10. 

Thursday, September 4, 2014

Long-Term Employment Projections

The long-term employment projections have been updated for the time period of 2012 to 2022. Projections are produced for the state of Utah as well as for eight sub-state areas. The areas are determined by population and job density and are not created equal. But rather, types of jobs are determined by the nature of the local area’s economy. Short-term projections for 2012 to 2014 are also provided for statewide.

The value in providing these projections is to help identify which types of jobs are most likely to be in high demand in the future. Ultimately, the long-term employment projections act as a forecasting measure by which individuals as well as organizations and agencies can plan ahead.

See the latest long-term projections produced by DWS for the Ogden/Clearfield MSA area.