The Detroit Region's economy, by the numbers.Employment by Sector (1)
Detroit-Warren-Flint Combined Statistical Area (CSA)
(Employment in Thousands)
APRIL 2004 APRIL 2005 % CHANGE
Total Nonfarm Employment 2466.4 2443.3 -0.9
Construction & Natural 95.8 98.4 2.7
Resources
Manufacturing 357.8 342.5 -4.3
Trade, Transportation, & 447.5 445.8 -0.4
Utilities
Information 42.3 40.7 -3.8
Financial Activities 131.6 130.8 -0.6
Professional & Business 406.7 399.7 -1.7
Services
Educational & Health 309.9 310.7 0.3
Services
Leisure & Hospitality 216.0 216.1 -
Other Services 115.0 111.5 -3.0
Government 343.4 346.5 0.9
The Detroit-Warren-Flint CSA's labor force contracted over the previous twelve months, with the largest losses in manufacturing. Modest employment gains were seen in the construction and natural resources sectors. Unemployment Rates (2)
MAY 2004 MAY 2005
Detroit-Warren-Livonia MSA 7.0% 7.5%
United States 5.6% 5.1%
Unemployment in the Detroit-Warren-Livonia MSA (Metropolitan Service Area) An urban area with at least 50,000 people plus surrounding counties. There are 306 MSAs and 428 RSAs (rural service areas) in the U.S. MSAs and RSAs are used to allocate cellular licenses. has increased significantly, while the national jobless rate declined. Consumer Price Index (3)
APRIL 2004 APRIL 2005 % CHANGE
Detroit Region 184.7 189.8 2.8
U.S. City Average 188.0 194.6 3.5
Detroit Region price levels have increased over the past year, though at a slower pace than the nation. Building Permits (4)
Detroit-Warren-Flint Combined Statistical Area (CSA)
APRIL 2004 APRIL 2005 % CHANGE
Total Units 2,694 1,991 -26.1
The number of permits issued in April for new housing units (including both single-family homes and units within multifamily structures) was down compared to April 2004. 2004 was a record year for homebuilding in the region. Michigan Automotive Production (5)
MAY 2004 MAY 2005 % CHANGE
Vehicles Produced 216,917 213,984 -1.4
Vehicle production (autos and light trucks) in May was down slightly compared to the same month of the previous year. SOURCES: (1,2) Michigan Office of Labor Market labor market A place where labor is exchanged for wages; an LM is defined by geography, education and technical expertise, occupation, licensure or certification requirements, and job experience Information, (3) U.S. Bureau of Labor Statistics Bureau of Labor Statistics (BLS) A research agency of the U.S. Department of Labor; it compiles statistics on hours of work, average hourly earnings, employment and unemployment, consumer prices and many other variables. , (4) U.S. Census Bureau Noun 1. Census Bureau - the bureau of the Commerce Department responsible for taking the census; provides demographic information and analyses about the population of the United States Bureau of the Census , (5) Michigan Department of Treasury, Office of Revenue and Tax Analysis. TERMS: The Detroit-Warren-Livonia Metropolitan Statistical Area (MSA) consists of Lapeer, Livingston, Macomb, Oakland, St. Clair and Wayne counties Wayne County is the name of sixteen counties in the United States of America, some named for the American Revolutionary War general Anthony Wayne:
The Detroit Region (not an official metro area This article is about the music production team. For the article about population centers, see metropolitan area. Metro Area are a Brooklyn-based dance music production team composed of Morgan Geist and Darshan Jesrani. ) includes Lenawee County in addition to all counties in the Detroit-Warren-Livonia MSA. |
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