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Northeast Region Businesses Maintained Lead in Rate of <br /> Start-up Job Creation <br /> Numerous business start-ups in retail trade and service industries helped the region maintain <br /> the highest regional rate of start-up job creation. Construction, retail trade and service <br /> companies continued to expand in the region. Within the service industry, tourism-related <br /> hotels, amusement and recreation businesses and government provided most expansion jobs. <br /> Recent pick up in activity in these sectors helped put the region back on its growth path. <br /> Northeast The number of business dissolutions and contractions declined from the previous quarter, <br /> Region which reduced the rate of job losses to the lowest in the state (with the southeast region). <br /> 3rd Quarter, 1995 <br /> Number of Business Establishments <br /> Births Dissolutions Expansions Contractions <br /> Industry No. Rate(%) No. Rate(°o) No. Rate(%) No. Rate(%) <br /> Agriculture D D 0 0.0 0 0.0 D D <br /> Mining 0 0.0 0 0.0 D D 0 0.0 <br /> Construction 36 4.7 9 1.2 7 0.9 7 0.9 <br /> Manufacturing 13 2.5 4 0.8 D D 4 0.8 <br /> Trans., Comm., Utilities 14 3.2 8 1.8 D D D D <br /> Wholesale Trade 13 2.7 7 1.5 0 0.0 0 0.0 <br /> Retail Trade 44 1.9 34 1.5 11 0.5 9 0.4 <br /> Finance, Ins., Real Estate 12 1.7 8 1.2 0 0.0 0 0.0 <br /> Services 64 2.2 30 1.0 18 0.6 15 0.5 <br /> Public Administration D D 0 0.0 8 3.0 D D <br /> TOTAL 3rd Qtr., 1995 202 2.4 100 1.2 53 0.6 40 0.5 • <br /> TOTAL 2nd Qtr., 1995 201 2.3 149 1.7 44 0.5 43 0.5 <br /> TOTAL 3rd Qtr., 1994 199 2.3 145 1.7 64 0.7 46 0.5 <br /> Number of Jobs <br /> Births Dissolutions Expansions Contractions <br /> Industry No. Rate(%) No. Rate(%) No. Rate(%) No. Rate(%) <br /> Agriculture D D 0 0.0 0 0.0 D D <br /> Mining 0 0.0 0 0.0 D D 0 0.0 <br /> Construction 65 1.4 7 0.2 190 4.2 179 4.0 <br /> Manufacturing 48 0.4 10 0.1 D D 94 0.8 <br /> Trans., Comm., Utilities 52 0.9 16 0.3 D D D D <br /> Wholesale Trade 25 0.6 10 0.2 0 0.0 0 0.0 <br /> Retail Trade 303 1.2 159 0.6 128 0.5 149 0.6 <br /> Finance, Ins., Real Estate 91 2.2 6 0.1 0 0.0 0 0.0 <br /> Services 162 0.4 47 0.1 379 0.8 273 0.6 <br /> Public Administration D D 0 0.0 204 3.3 D D <br /> TOTAL 3rd Qtr., 1995 757 0.7 255 0.2 1,049 0.9 839 0.7 <br /> TOTAL 2nd Qtr., 1995 781 0.7 277 0.2 960 0.8 655 0.6 <br /> TOTAL 3rd Qtr., 1994 561 0.5 264 0.2 1,062 0.9 987 0.9 <br /> D = Suppressed to avoid disclosure of individual company data. <br /> Northeast Region Counties: Aitkin, Carlton, Cook, Itasca. Koochiching, Like, and St. Louis. <br /> Note: See notes on Page 13 of Report for Terms, Definitions and Sources. <br /> 8 <br />