White Pine County Economic Overview

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1 Economic Overview Population (2016) 10,105 Jobs (2016) 4,597 Average Earnings (2016) $65,033 Unemployed (2/2016) 229 GRP (2014) $996,944,330 Exports (2014) $1,789,478,088 Imports (2014) $1,181,738,119 Economic Modeling Specialists International 1

2 Population 10, % 2016 Population Population Growth for the Last 5 Years 0.3% of State State Growth 7.0% Age Group 2016 Population % of Population Under 5 years % 5 to 9 years % 10 to 14 years % 15 to 19 years % 20 to 24 years % 25 to 29 years % 30 to 34 years % 35 to 39 years % 40 to 44 years % 45 to 49 years % 50 to 54 years % 55 to 59 years % 60 to 64 years % 65 to 69 years % 70 to 74 years % 75 to 79 years % 80 to 84 years % 85 years and over % Economic Modeling Specialists International 2

3 Jobs by Industry 4, % 42.1% Total Jobs (2016) Male Female (National: 51.4%) (National: 48.6%) NAICS Industry 2016 Jobs 11 Crop and Animal Production Mining, Quarrying, and Oil and Gas Extraction 1, Utilities Construction Manufacturing Wholesale Trade Retail Trade Transportation and Warehousing Information Finance and Insurance Real Estate and Rental and Leasing Professional, Scientific, and Technical Services Management of Companies and Enterprises Administrative and Support and Waste Management and Remediation Services Educational Services Health Care and Social Assistance Arts, Entertainment, and Recreation Accommodation and Food Services Other Services (except Public Administration) Government 1, Unclassified Industry <10 Economic Modeling Specialists International 3

4 Average Earnings by Industry $65,033 Avg. Earnings (2016) 107% of Nation Avg. NAICS Industry Avg. Earnings (2016) 11 Crop and Animal Production $27, Mining, Quarrying, and Oil and Gas Extraction $97, Utilities $89, Construction $37, Manufacturing $36, Wholesale Trade $62, Retail Trade $28, Transportation and Warehousing $45, Information $68, Finance and Insurance $50, Real Estate and Rental and Leasing $23, Professional, Scientific, and Technical Services $44, Management of Companies and Enterprises $160, Administrative and Support and Waste Management and Remediation Services $27, Educational Services $18, Health Care and Social Assistance $36, Arts, Entertainment, and Recreation $21, Accommodation and Food Services $22, Other Services (except Public Administration) $31, Government $79, Unclassified Industry $25,634 Economic Modeling Specialists International 4

5 Unemployment by Industry 229 Total Unemployment (2/2016) NAICS Industry Unemployed (2/2016) % of Regional Unemployment 11 Crop and Animal Production 4 2% 21 Mining, Quarrying, and Oil and Gas Extraction % 22 Utilities 1 1% 23 Construction 8 4% 31 Manufacturing 1 0% 42 Wholesale Trade 1 0% 44 Retail Trade 11 5% 48 Transportation and Warehousing 3 1% 51 Information 0 0% 52 Finance and Insurance 1 1% 53 Real Estate and Rental and Leasing 2 1% Professional, Scientific, and Technical Services Management of Companies and Enterprises Administrative and Support and Waste Management and Remediation Services 1 0% 0 0% 4 2% 61 Educational Services 0 0% 62 Health Care and Social Assistance 2 1% 71 Arts, Entertainment, and Recreation 1 0% 72 Accommodation and Food Services 19 8% 81 Other Services (except Public Administration) 3 1% 90 Government 21 9% 99 No Previous Work Experience/Unspecified 21 9% Economic Modeling Specialists International 5

6 Gross Regional Product (GRP) $314,542,913 $604,133,579 $78,267,838 $996,944,330 Earnings (2014) Property Income (2014) Taxes on Production (2014) Total GRP (2014) NAICS Industry GRP (2014) % of Total 11 Crop and Animal Production $9,130,172 1% 21 Mining, Quarrying, and Oil and Gas Extraction $652,657,197 65% 22 Utilities $14,980,388 2% 23 Construction $9,165,458 1% 31 Manufacturing $2,832,484 0% 42 Wholesale Trade $7,075,034 1% 44 Retail Trade $16,420,248 2% 48 Transportation and Warehousing $7,056,569 1% 51 Information $2,694,949 0% 52 Finance and Insurance $9,760,413 1% 53 Real Estate and Rental and Leasing $28,216,186 3% Professional, Scientific, and Technical Services Management of Companies and Enterprises Administrative and Support and Waste Management and Remediation Services $3,684,010 0% $5,266,769 1% $2,946,138 0% 61 Educational Services $716,753 0% 62 Health Care and Social Assistance $6,677,978 1% 71 Arts, Entertainment, and Recreation $1,003,465 0% 72 Accommodation and Food Services $22,536,251 2% 81 Other Services (except Public Administration) $4,352,417 0% 90 Government $136,554,501 14% Other Non-Industries $53,216,948 5% Economic Modeling Specialists International 6

7 Region Exports $1,789,478,089 Exports (2014) 92% of Supply NAICS Industry Exports (2014) 11 Crop and Animal Production $21,804, Mining, Quarrying, and Oil and Gas Extraction $931,968, Utilities $19,860, Construction $8,069, Manufacturing $5,951, Wholesale Trade $8,963, Retail Trade $17,895, Transportation and Warehousing $12,078, Information $2,932, Finance and Insurance $9,931, Real Estate and Rental and Leasing $41,609, Professional, Scientific, and Technical Services $2,803, Management of Companies and Enterprises $8,774, Administrative and Support and Waste Management and Remediation Services $2,979, Educational Services $469, Health Care and Social Assistance $5,371, Arts, Entertainment, and Recreation $1,525, Accommodation and Food Services $30,859, Other Services (except Public Administration) $4,737, Government $650,890,733 Economic Modeling Specialists International 7

8 Region Imports $1,181,738,119 $182,474,513 Imports (2014) Locally Produced & Consumed (2014) 87% of Demand 13% of Demand NAICS Industry Imports (2014) 11 Crop and Animal Production $6,643, Mining, Quarrying, and Oil and Gas Extraction $40,124, Utilities $20,532, Construction $53,938, Manufacturing $232,025, Wholesale Trade $58,413, Retail Trade $34,222, Transportation and Warehousing $28,197, Information $34,608, Finance and Insurance $51,705, Real Estate and Rental and Leasing $26,937, Professional, Scientific, and Technical Services $52,984, Management of Companies and Enterprises $15,955, Administrative and Support and Waste Management and Remediation Services $17,630, Educational Services $9,609, Health Care and Social Assistance $60,389, Arts, Entertainment, and Recreation $7,035, Accommodation and Food Services $16,791, Other Services (except Public Administration) $13,805, Government $400,187,580 Economic Modeling Specialists International 8

9 Regional Trends Region 2006 Jobs 2016 Jobs Change Region 4,264 4, Nevada 1,375,230 1,386,245 11,015 United States 150,946, ,252,948 7,306,623 Growing & Declining Occupations Occupation Change in Jobs ( ) Continuous Mining Machine Operators 63 Heavy and Tractor-Trailer Truck Drivers 37 Mobile Heavy Equipment Mechanics, Except Engines 35 Teacher Assistants -29 Elementary School Teachers, Except Special Education -30 Substitute Teachers -31 Growing & Declining Industries Industry Change in Jobs ( ) Gold Ore Mining 333 Hospitals (Local Government) 183 Copper Ore and Nickel Ore Mining 137 Animal Production and Aquaculture -47 Hotels (except Casino Hotels) and Motels -56 Elementary and Secondary Schools (Local Government) -275 Economic Modeling Specialists International 9

10 2016 Educational Attainment Education Level 2016 Population 2016 Percent Less Than 9th Grade % 9th Grade to 12th Grade % High School Diploma 2, % Some College 2, % Associate's Degree % Bachelor's Degree % Graduate Degree and Higher % 2016 Age Cohort Demographics Age Cohort 2016 Population 2016 Percent Under 20 years 2, % 20 to 39 years 2, % 40 to 59 years 2, % 60 to 79 years 1, % 80 years and over % Economic Modeling Specialists International 10

11 2016 Race/Ethnicity Demographics Race/Ethnicity 2016 Population 2016 Percent All Other Race/Ethnicities % American Indian or Alaskan Native, Non-Hispanic % Black, Non-Hispanic % White, Hispanic 1, % White, Non-Hispanic 7, % Economic Modeling Specialists International 11

12 Data Sources and Calculations Input-Output Data The input-output model in this report is EMSI's gravitational flows multi-regional social account matrix model (MR-SAM). It is based on data from the Census Bureau's Current Population Survey and American Community Survey; as well as the Bureau of Economic Analysis' National Income and Product Accounts, Input-Output Make and Use Tables, and Gross State Product data. In addition, several EMSI in-house data sets are used, as well as data from Oak Ridge National Labs on the cost of transportation between counties. Institution Data The institution data in this report is taken directly from the national IPEDS database published by the U.S. Department of Education's National Center for Education Statistics. Completers Data The completers data in this report is taken directly from the national IPEDS database published by the U.S. Department of Education's National Center for Education Statistics. Demographic Data The demographic data in this report is compiled from several sources using a specialized process. Sources include annual population estimates and population projections from the US Census Bureau, birth and mortality rates from the US Health Department, and projected regional job growth. Industry Data EMSI industry data have various sources depending on the class of worker. (1) For QCEW Employees, EMSI primarily uses the QCEW (Quarterly Census of Employment and Wages), with supplemental estimates from County Business Patterns and Current Employment Statistics. (2) Non-QCEW employees data are based on a number of sources including QCEW, Current Employment Statistics, County Business Patterns, BEA State and Local Personal Income reports, the National Industry-Occupation Employment Matrix (NIOEM), the American Community Survey, and Railroad Retirement Board statistics. (3) Self-Employed and Extended Proprietor classes of worker data are primarily based on the American Community Survey, Nonemployer Statistics, and BEA State and Local Personal Income Reports. Projections for QCEW and Non-QCEW Employees are informed by NIOEM and long-term industry projections published by individual states. Unemployment Data The unemployment data in this report comes from the Bureau of Labor Statistics' Local Area Unemployment Statistics and is updated every two months. Occupation Data EMSI occupation employment data are based on final EMSI industry data and final EMSI staffing patterns. Wage estimates are based on Occupational Employment Statistics (QCEW and Non-QCEW Employees classes of worker) and the American Community Survey (Self-Employed and Extended Proprietors). Occupational wage estimates also affected by county-level EMSI earnings by industry. Educational Attainment Data EMSI's educational attainment numbers are based on EMSI's demographic data and the American Community Survey. By combining these sources, EMSI interpolates for missing years and projects data at the county level. Educational attainment data cover only the population aged 25 years or more and indicate the highest level achieved. State Data Sources This report uses state data from the following agencies: Nevada Department of Employment, Training and Rehabilitation, Information Development and Processing Division, Research and Analysis Bureau Economic Modeling Specialists International 12

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