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Economy Overview 2008-2018

The document provides information about the Portales MSA region in New Mexico including: 1) The region experienced 23% employment growth between 2008-2018, led by growth in education/health services and leisure/hospitality. 2) In 2008, the largest industries were government, trade/transportation/utilities, and leisure/hospitality which made up over 60% of regional jobs. 3) Between 2008-2018, the largest growth in occupations was seen in service occupations (39% growth) and professional occupations (29% growth).

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MissKristelle
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0% found this document useful (0 votes)
63 views8 pages

Economy Overview 2008-2018

The document provides information about the Portales MSA region in New Mexico including: 1) The region experienced 23% employment growth between 2008-2018, led by growth in education/health services and leisure/hospitality. 2) In 2008, the largest industries were government, trade/transportation/utilities, and leisure/hospitality which made up over 60% of regional jobs. 3) Between 2008-2018, the largest growth in occupations was seen in service occupations (39% growth) and professional occupations (29% growth).

Uploaded by

MissKristelle
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
You are on page 1/ 8

Region Info

Region: Portales MSA


County Areas: Roosevelt, New Mexico (35041)

Industry Size and Growth


2008 - 2018 Size and Growth

Description 2008 Jobs 2018 Jobs Growth % Growth 2007 EPW


Agriculture, natural resources, and mining 549 635 86 16% $38,881
Construction 267 246 -21 -8% $27,030
Manufacturing 436 470 34 8% $29,194
Trade, transportation, and utilities 1,322 1,420 98 7% $28,502
Information 69 46 -23 -33% $32,370
Financial activities 212 297 85 40% $25,490
Professional and business services 138 210 72 52% $36,330
Education and health services 512 736 224 44% $32,095
Leisure and hospitality 1,265 1,844 579 46% $9,393
Other services 103 116 13 13% $20,314
Government 2,324 2,854 530 23% $33,313
7,197 8,874 1,677 23%
Source: EMSI Covered Employment - Fall 2008

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2008 Industrial Makeup

Description 2008 Regional Jobs % Regional Jobs 2008 State Jobs % State Jobs
Agriculture, natural resources, 549 7.6% 29,115 3.4%
and mining
Construction 267 3.7% 58,362 6.8%
Manufacturing 436 6.1% 35,017 4.1%
Trade, transportation, and 1,322 18.4% 150,125 17.5%
utilities
Information 69 1% 16,297 1.9%
Financial activities 212 2.9% 33,642 3.9%
Professional and business 138 1.9% 108,054 12.6%
services
Education and health services 512 7.1% 103,127 12%
Leisure and hospitality 1,265 17.6% 88,431 10.3%
Other services 103 1.4% 22,176 2.6%
Government 2,324 32.3% 213,186 24.9%
Source: EMSI Covered Employment - Fall 2008

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Occupation Size and Growth
2008 - 2018 Size and Growth

Description 2008 Jobs 2018 Jobs Growth % Growth 2007 Avg Hourly
Earnings
Management, business, and financial occupations 485 591 106 22% $25.39
Professional and related occupations 1,354 1,748 394 29% $25.43
Service occupations 1,910 2,661 750 39% $8.60
Sales and related occupations 572 670 98 17% $9.47
Office and administrative support occupations 901 1,025 124 14% $10.00
Farming, fishing, and forestry occupations 378 419 41 11% $11.91
Construction and extraction occupations 387 415 28 7% $13.11
Installation, maintenance, and repair occupations 308 347 38 13% $13.46
Production occupations 283 341 58 20% $11.19
Transportation and material moving occupations 570 611 41 7% $10.64
Military occupations 49 47 -2 -4% $10.44
7,197 8,874 1,677 23%
Source: EMSI Covered Employment - Fall 2008

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2008 Occupational Makeup

Description 2008 Regional Jobs % Regional Jobs 2008 State Jobs % State Jobs
Management, business, and financial 485 6.7% 65,274 7.6%
occupations
Professional and related occupations 1,354 18.8% 177,942 20.8%
Service occupations 1,910 26.5% 184,878 21.6%
Sales and related occupations 572 7.9% 86,440 10.1%
Office and administrative support occupations 901 12.5% 136,619 15.9%
Farming, fishing, and forestry occupations 378 5.3% 7,431 0.9%
Construction and extraction occupations 387 5.4% 66,801 7.8%
Installation, maintenance, and repair 308 4.3% 35,284 4.1%
occupations
Production occupations 283 3.9% 34,750 4.1%
Transportation and material moving occupations 570 7.9% 46,313 5.4%
Military occupations 49 0.7% 15,801 1.8%
Source: EMSI Covered Employment - Fall 2008

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Demographic Overview
2008 Race/Ethnicity Breakdown

Ethnicity 2008 Population % of Region


White, Non-Hispanic 11,065 57.62%
White Hispanic 6,849 35.67%
Black or African American 435 2.27%
Two or more races 248 1.29%
Non-White Hispanic 224 1.17%
American Indian or Alaska Native 223 1.16%
Asian 152 0.79%
Native Hawaiian and other Pacific Islander 6 0.03%
Source: EMSI Covered Employment - Fall 2008

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2008 - 2018 Race/Ethnicity Size and Growth

Race/Ethnicity 2008 Population 2018 Population Change % Change


White, Non-Hispanic 11,065 10,891 -174 -2%
White Hispanic 6,849 7,573 724 11%
Black or African American 435 512 77 18%
Two or more races 248 311 63 25%
Non-White Hispanic 224 263 39 17%
American Indian or Alaska Native 223 263 40 18%
Asian 152 178 26 17%
Native Hawaiian and other Pacific Islander 6 6 0 0%
19,203 19,996 795 4%
Source: EMSI Covered Employment - Fall 2008

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2008 - 2018 Age Size and Growth

Age 2008 Population 2018 Population Change % Change


under 15 4,202 4,658 457 11%
15 - 24 4,312 3,933 -379 -9%
25 - 44 4,720 5,378 658 14%
45 - 64 3,733 3,579 -154 -4%
65+ 2,236 2,447 211 9%
19,203 19,996 793 4%
Source: EMSI Covered Employment - Fall 2008

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Data Sources and Calculations
Industry Data
In order to capture a complete picture of industry employment, EMSI basically combines covered employment data from Quarterly Census of
Employment and Wages (QCEW) produced by the Department of Labor with total employment data in Regional Economic Information System (REIS)
published by the Bureau of Economic Analysis (BEA), augmented with County Business Patterns (CBP) and Nonemployer Statistics (NES) published
by the U.S. Census Bureau. Projections are based on the latest available EMSI industry data, 15-year past local trends in each industry, growth rates
in statewide and (where available) sub-state area industry projections published by individual state agencies, and (in part) growth rates in national
projections from the Bureau of Labor Statistics.

Occupation Data
Organizing regional employment information by occupation provides a workforce-oriented view of the regional economy. EMSI's occupation data are
based on EMSI's industry data and regional staffing patterns taken from the Occupational Employment Statistics program (U.S. Bureau of Labor
Statistics). Wage information is partially derived from the American Community Survey. The occupation-to-program (SOC-to-CIP) crosswalk is based
on one from the U.S. Department of Education, with customizations by EMSI.

Demographic Data
The demographic data in this report is compiled from several sources using a specialized process. Sources include US Census Bureau annual
estimates, birth and mortality rates from the US Health Department, and projected regional job growth.

State Data Sources


This report uses state data from the following agencies: New Mexico Department of Labor, Bureau of Economic Research and Analysis.

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