September 2017 Caddo Kiowa Technology Center Economy Overview
Parameters Regions Code Description 40015 Caddo County, OK 40051 Grady County, OK 40075 Kiowa County, OK Timeframe 2001-2016 Datarun 2017.3 QCEW Employees, Non-QCEW Employees, and Self-Employed Emsi Q3 2017 Data Set www.economicmodeling.com 1
Economy Overview Population (2016) 93,289 Jobs (2016) 26,154 Average Earnings (2016) $41.7K Unemployed (1/2017) 1,975 Completions (2016) 295 GRP (2016) Exports (2016) Imports (2016) $2.8B $4.1B $5.4B Emsi Q3 2017 Data Set www.economicmodeling.com 2
Population 93.3K 1.6% 2016 Population Population Growth for the Last 5 Years 2.4% of State State Growth 3.6% Age Group 2016 Population % of Population Under 5 years 5,911 6.3% 5 to 9 years 6,464 6.9% 10 to 14 years 6,572 7.0% 15 to 19 years 6,202 6.6% 20 to 24 years 5,437 5.8% 25 to 29 years 5,888 6.3% 30 to 34 years 5,891 6.3% 35 to 39 years 5,936 6.4% 40 to 44 years 5,379 5.8% 45 to 49 years 5,782 6.2% 50 to 54 years 6,394 6.9% 55 to 59 years 6,704 7.2% 60 to 64 years 5,894 6.3% 65 to 69 years 4,923 5.3% 70 to 74 years 3,764 4.0% 75 to 79 years 2,733 2.9% 80 to 84 years 1,839 2.0% 85 years and over 1,574 1.7% Emsi Q3 2017 Data Set www.economicmodeling.com 3
Jobs by Industry 26,154 54.0% 46.0% Total Jobs (2016) Male Female (National: 51.4%) (National: 48.6%) NAICS Industry 2016 Jobs 11 Crop and Animal Production 1,182 21 Mining, Quarrying, and Oil and Gas Extraction 959 22 Utilities 454 23 Construction 2,041 31 Manufacturing 1,764 42 Wholesale Trade 801 44 Retail Trade 2,852 48 Transportation and Warehousing 599 51 Information 164 52 Finance and Insurance 797 53 Real Estate and Rental and Leasing 236 54 55 56 Professional, Scientific, and Technical Services Management of Companies and Enterprises Administrative and Support and Waste Management and Remediation Services 885 19 781 61 Educational Services 243 62 Health Care and Social Assistance 2,520 71 Arts, Entertainment, and Recreation 157 72 Accommodation and Food Services 1,737 81 Other Services (except Public Administration) 1,470 90 Government 6,492 99 Unclassified Industry 0 Emsi Q3 2017 Data Set www.economicmodeling.com 4
Average Earnings by Industry $41.7K Avg. Earnings (2016) 67% of Nation Avg. NAICS Industry Avg. Earnings (2016) 11 Crop and Animal Production $32,655 21 Mining, Quarrying, and Oil and Gas Extraction $70,096 22 Utilities $111,779 23 Construction $44,200 31 Manufacturing $49,750 42 Wholesale Trade $49,662 44 Retail Trade $31,165 48 Transportation and Warehousing $52,030 51 Information $50,120 52 Finance and Insurance $50,531 53 Real Estate and Rental and Leasing $48,814 54 Professional, Scientific, and Technical Services $52,526 55 Management of Companies and Enterprises $86,911 56 Administrative and Support and Waste Management and Remediation Services $36,249 61 Educational Services $24,424 62 Health Care and Social Assistance $36,075 71 Arts, Entertainment, and Recreation $19,607 72 Accommodation and Food Services $15,070 81 Other Services (except Public Administration) $22,436 90 Government $46,373 99 Unclassified Industry $0 Emsi Q3 2017 Data Set www.economicmodeling.com 5
Unemployment by Industry 1,975 Total Unemployment (1/2017) NAICS Industry Unemployed (1/2017) % of Regional Unemployme nt 11 Crop and Animal Production 14 1% 21 Mining, Quarrying, and Oil and Gas Extraction 60 3% 22 Utilities 32 2% 23 Construction 136 7% 31 Manufacturing 136 7% 42 Wholesale Trade 32 2% 44 Retail Trade 291 15% 48 Transportation and Warehousing 24 1% 51 Information 9 0% 52 Finance and Insurance 33 2% 53 54 55 56 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 17 1% 48 2% 0 0% 40 2% 61 Educational Services 18 1% 62 Health Care and Social Assistance 137 7% 71 Arts, Entertainment, and Recreation 14 1% 72 Accommodation and Food Services 145 7% 81 Other Services (except Public Administration) 77 4% 90 Government 354 18% 99 No Previous Work Experience/Unspecified 358 18% Emsi Q3 2017 Data Set www.economicmodeling.com 6
Top Program Completions CIP Program Completions (2016) 52 51 Business, management, marketing, and related support services Health professions and related programs 57 53 13 Education 39 50 Visual and performing arts 23 48 Precision production 16 45 Social sciences 14 09 Communication, journalism, and related programs 13 12 Personal and culinary services 13 54 History 11 42 Psychology 11 Emsi Q3 2017 Data Set www.economicmodeling.com 7
Gross Regional Product (GRP) $1,428.4M $1,154.2M $188.0M $2,770.7M Earnings (2016) Property Income (2016) Taxes on Production (2016) Total GRP (2016) NAICS Industry GRP (2016) % of Total 11 Crop and Animal Production $239,460,387. 65 9% 21 Mining, Quarrying, and Oil and Gas Extraction $390,591,115. 63 14% 22 Utilities 23 Construction 31 Manufacturing 42 Wholesale Trade 44 Retail Trade $190,085,905. 72 $150,430,777. 65 $188,321,539. 19 $91,588,476.3 6 $149,973,821. 43 7% 5% 7% 3% 5% 48 Transportation and Warehousing $50,872,416.4 7 2% 51 Information $28,821,788.1 5 1% 52 Finance and Insurance $116,399,540. 53 4% 53 Real Estate and Rental and Leasing $58,239,852.0 8 2% 54 Professional, Scientific, and Technical Services $68,397,484.7 3 2% 55 Management of Companies and Enterprises $2,287,980.61 0% 56 Administrative and Support and Waste Management and Remediation Services $46,345,437.7 4 2% Emsi Q3 2017 Data Set www.economicmodeling.com 8
NAICS Industry GRP (2016) % of Total 61 Educational Services $6,694,981.81 0% 62 Health Care and Social Assistance $105,473,970. 67 4% 71 Arts, Entertainment, and Recreation $7,005,250.56 0% 72 Accommodation and Food Services $50,511,892.7 2 2% 81 Other Services (except Public Administration) $48,309,611.0 5 2% 90 Government Other Non-Industries $356,183,250. 97 $424,686,292. 18 13% 15% Emsi Q3 2017 Data Set www.economicmodeling.com 9
Region Exports $4.1B Exports (2016) 79% of Supply NAICS Industry Exports (2016) 11 Crop and Animal Production $561,374,377 21 Mining, Quarrying, and Oil and Gas Extraction $476,655,684 22 Utilities $219,126,383 23 Construction $175,212,442 31 Manufacturing $567,660,977 42 Wholesale Trade $90,721,805 44 Retail Trade $189,916,116 48 Transportation and Warehousing $58,026,490 51 Information $47,883,832 52 Finance and Insurance $149,466,848 53 Real Estate and Rental and Leasing $88,706,301 54 55 56 Professional, Scientific, and Technical Services Management of Companies and Enterprises Administrative and Support and Waste Management and Remediation Services $70,672,845 $1,582,171 $68,557,155 61 Educational Services $2,756,233 62 Health Care and Social Assistance $108,158,789 71 Arts, Entertainment, and Recreation $4,700,479 72 Accommodation and Food Services $96,693,160 81 Other Services (except Public Administration) $29,677,258 90 Government $1,087,768,82 4 Emsi Q3 2017 Data Set www.economicmodeling.com 10
Region Imports $5.4B $1.1B Imports (2016) Locally Produced & Consumed (2016) 83% of Demand 17% of Demand NAICS Industry Imports (2016) 11 Crop and Animal Production $102,153,399 21 Mining, Quarrying, and Oil and Gas Extraction $14,179,484 22 Utilities $31,449,530 23 Construction $162,460,429 31 Manufacturing $935,089,034 42 Wholesale Trade $268,025,571 44 Retail Trade $324,779,953 48 Transportation and Warehousing $134,221,329 51 Information $223,664,894 52 Finance and Insurance $368,364,716 53 Real Estate and Rental and Leasing $157,552,875 54 55 56 Professional, Scientific, and Technical Services Management of Companies and Enterprises Administrative and Support and Waste Management and Remediation Services $225,625,368 $74,269,946 $80,355,323 61 Educational Services $71,381,250 62 Health Care and Social Assistance $509,096,326 71 Arts, Entertainment, and Recreation $56,484,669 72 Accommodation and Food Services $208,109,730 81 Other Services (except Public Administration) $68,277,265 90 Government $1,400,618,40 3 Emsi Q3 2017 Data Set www.economicmodeling.com 11
Regional Trends Region 2001 Jobs 2016 Jobs Change % Change Region 28,086 26,154-1,932-6.9% Southwest Technology Center 15,629 13,450-2,179-13.9% Autry Technology Center 52,759 59,267 6,508 12.3% Indian Capital Technology Center 90,469 94,772 4,303 4.8% Oklahoma 1,692,877 1,786,829 93,952 5.5% United States 144,791,301 158,516,931 13,725,630 9.5% Emsi Q3 2017 Data Set www.economicmodeling.com 12
Growing & Declining Occupations Occupation Change in Jobs (2001-2016) Construction Laborers 123 Heavy and Tractor-Trailer Truck Drivers 75 Farmworkers and Laborers, Crop, Nursery, and Greenhouse 70 Childcare Workers Team Assemblers -121-239 Farmers, Ranchers, and Other Agricultural Managers -647 Emsi Q3 2017 Data Set www.economicmodeling.com 13
Growing & Declining Industries Industry Change in Jobs (2001-2016) Support Activities for Oil and Gas Operations 402 Local Government, Excluding Education and Hospitals 330 Warehouse Clubs and Supercenters 306 Elementary and Secondary Schools (Local Government) -369 Animal Production and Aquaculture -549 Plumbing Fixture Fitting and Trim Manufacturing -631 Emsi Q3 2017 Data Set www.economicmodeling.com 14
2016 Educational Attainment Education Level 2016 Population 2016 Percent Less Than 9th Grade 2,612 4.2% 9th Grade to 12th Grade 6,359 10.1% High School Diploma 24,650 39.3% Some College 14,876 23.7% Associate's Degree 3,538 5.6% Bachelor's Degree 7,761 12.4% Graduate Degree and Higher 2,906 4.6% Emsi Q3 2017 Data Set www.economicmodeling.com 15
2016 Age Cohort Demographics Age Cohort 2016 Population 2016 Percent Under 20 years 25,149 27.0% 20 to 39 years 23,153 24.8% 40 to 59 years 24,260 26.0% 60 to 79 years 17,314 18.6% 80 years and over 3,413 3.7% Emsi Q3 2017 Data Set www.economicmodeling.com 16
2016 Race/Ethnicity Demographics Race/Ethnicity 2016 Population 2016 Percent All Other Race/ethnicities 5,368 5.8% Two or More Races, Non-Hispanic 4,240 4.5% White, Hispanic 5,306 5.7% American Indian or Alaskan Native, Non-Hispanic 10,148 10.9% White, Non-Hispanic 68,227 73.1% Emsi Q3 2017 Data Set www.economicmodeling.com 17
Top Regional Businesses Business Name Business Size Braum's Dairy Farms Large (250+) Western Farmers Electric Co-op Large (250+) Grady Memorial Hospital Large (250+) R & R Pipeline Constr & Repair Large (250+) S K F Medium (50-249) Emsi Q3 2017 Data Set www.economicmodeling.com 18
Appendix A - 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. 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. (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. 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. 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 Q3 2017 Data Set www.economicmodeling.com 19
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. Infogroup Business-Level Data Data for individual businesses is provided by Infogroup, which maintains a database of more than 16 million U.S. business entities. Note that in aggregate it will not be consistent with Emsi labor market data due to differences in definitions, methodology, coverage, and industry/geographic classification. State Data Sources This report uses state data from the following agencies: Oklahoma Employment Security Commission Emsi Q3 2017 Data Set www.economicmodeling.com 20