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<br /> 1 ++ Start-up Jobs in Retail Trade 1� de Increased by 50 Percent
<br /> During the fourth quarter of 1995, several large retail companies continued to establish large
<br /> stores in various locations of the Twin Cities area. This increased the number of start-up retail
<br /> jobs by 50 percent from the previous quarter; raising the total number of start up jobs in the
<br /> region even with fewer new businesses. With slow new business formation in most other
<br /> regions, the Twin Cities area accounted for two out of every three start-up jobs in the state
<br /> during this quarter.
<br /> Twin Cities Area Major expansion jobs in retail trade, trucking, and warehousing rose sharply with the holiday
<br /> season, but the economic slowdown had adversely affected growth by the large services,
<br /> manufacturing, and construction sectors. Major manufacturing expansions continued among
<br /> 4th Quarter, 1995 industrial machinery and computers, electronic equipment, and scientific instruments.
<br /> Number of Business Establishments
<br /> Births Dissolutions Expansions Contractions
<br /> Industry No. Rate(%) No. Rate(%) No. Rate(%) No. Rate(%)
<br /> Agriculture D D D D D D D D
<br /> Mining D D 0 0.0 0 0.0 0 0.0
<br /> Construction 95 1.7 111 1.9 80 1.4 60 1.0
<br /> Manufacturing 75 1.6 47 1.0 69 1.5 42 0.9
<br /> Trans., Comm., Utilities 62 2.5 48 2.0 30 1.2 24 1.0
<br /> Wholesale Trade 138 1.9 97 1.3 30 0.4 24 0.3
<br /> Retail Trade 297 2.3 207 1.6 125 1.0 126 1.0
<br /> Finance, Ins., Real Estate 178 2.4 117 1.6 35 0.5 24 0.3
<br /> Services 734 2.7 488 1.8 190 0.7 136 0.5
<br /> Public Administration D D D D D D D D
<br /> TOTAL 4th Qtr., 1995 1,598 2.3 1,129 1.6 569 0.8 444 0.6
<br /> TOTAL 3rd Qtr., 1995 2,075 3.0 1,113 1.6 641 0.9 496 0.7 •
<br /> TOTAL 4th Qtr., 1994 1,730 2.5 1,482 2.1 611 0.9 445 0.6
<br /> Number of Jobs
<br /> Births Dissolutions Expansions Contractions
<br /> Industry No. Rate(%) No. Rate(%) No. Rate(%) No. Rate(%)
<br /> Agriculture D D D D D D D D
<br /> Mining D D 0 0.0 0 0.0 0 0.0
<br /> Construction 139 0.3 108 0.2 1,385 2.5 1,060 1.9
<br /> Manufacturing 253 0.1 264 0.1 1,741 0.7 1,122 0.5
<br /> Trans., Comm., Utilities 200 0.3 151 0.2 1,198 1.6 551 0.7
<br /> Wholesale Trade 322 0.3 201 0.2 624 0.7 815 0.9
<br /> Retail Trade 3,754 1.6 1,149 0.5 3,219 1.3 2,428 1.0
<br /> Finance, Ins., Real Estate 341 0.3 204 0.2 855 0.8 496 0.5
<br /> Services 2,092 0.5 1,555 0.4 5,116 1.2 3,359 0.8
<br /> Public Administration D D D D D D D D
<br /> TOTAL 4th Qtr., 1995 7,114 0.5 3,648 0.3 14,277 1.1 9,995 0.8
<br /> TOTAL 3rd Qtr., 1995 6,774 0.5 3,550 0.3 15,656 1.2 11,370 0.9
<br /> TOTAL 4th Qtr., 1994 8,498 0.7 3,551 0.3 15,132 1.2 9,886 0.8
<br /> D = Suppressed to avoid disclosure of individual company data.
<br /> 11r in Cities Region Counties: Anoka. Caner, Dakota, Hennepin, Ramsey, Scott and Washington.
<br /> ;`',ve: See notes on Page 11 of Report for Terms. Definitions and Sources.
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