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Manufacturing Expansions Produced Most New Jobs in <br /> Southwest Region <br /> Continued growth of high technology manufacturing such as industrial machinery and <br /> • computers, electronic products and scientific instruments provided most new jobs in the <br /> region. Food products and other resource-based manufacturing were expanding, although at <br /> uneven rates during the past year. Constriction, retail trade and services were also large <br /> sources of new and expansion jobs in the region. <br /> The number of business dissolutions declined sharply from the previous quarter, particularly in Southwest <br /> the large retail trade and service industries. Increased business start-ups and reduced business Region <br /> dissolutions improved the region's net new job creation performance during this quarter. <br /> 3rd Quarter, 1995 <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 4 1.3 5 1.6 <br /> Mining 0 0.0 0 0.0 0 0.0 0 0.0 <br /> Construction 29 3.4 14 1.6 7 0.8 D D <br /> Manufacturing 5 1.1 D D 11 2.4 D D <br /> Trans., Comm., Utilities 23 4.1 16 2.8 D D D D <br /> Wholesale Trade 15 2.3 9 1.4 D D D D <br /> Retail Trade 46 2.4 32 1.7 5 0.3 12 0.6 <br /> Finance, Ins., Real Estate 14 1.8 10 1.3 0 0.0 0 0.0 <br /> Services 38 1.7 26 1.2 D D 8 0.4 <br /> Public Administration D D 0 0.0 10 2.6 0 0.0 <br /> • TOTAL 3rd Qtr., 1995 181 2.2 116 1.4 47 0.6 35 0.4 <br /> TOTAL 2nd Qtr., 1995 149 1.8 151 1.8 37 0.4 33 0.4 <br /> TOTAL 3rd Qtr., 1994 164 2.0 128 1.5 61 0.7 34 0.4 <br /> Number of Jobs <br /> Births Dissolutions Expansions Contractions <br /> Industry No. Rate(%) No. Rate( o) No. Rate(%) No. Rate(°b) <br /> Agriculture D D D D 74 2.6 81 2.9 <br /> Mining 0 0.0 0 0.0 0 0.0 0 0.0 <br /> Construction 60 1.3 4 0.1 155 3.2 D D <br /> Manufacturing 7 0.0 D D 362 1.4 D D <br /> Trans., Comm., Utilities 21 0.5 9 0.2 D D D D <br /> Wholesale Trade 25 0.4 7 0.1 D D D D <br /> Retail Trade 247 1.2 103 0.5 68 0.3 176 0.9 <br /> Finance, Ins., Real Estate 45 1.0 18 0.4 0 0.0 0 0.0 <br /> Services 55 0.2 44 0.1 D D 175 0.5 <br /> Public Administration D D 0 0.0 106 1.9 0 0.0 <br /> TOTAL 3rd Qtr., 1995 476 0.4 227 0.2 952 0.9 900 0.8 <br /> TOTAL 2nd Qtr., 1995 405 0.4 260 0.2 720 0.7 497 0.4 <br /> TOTAL 3rd Qtr., 1994 459 0.4 302 0.3 1,307 1.2 564 0.5 <br /> D =Suppressed to avoid disclosure of individual company data. <br /> Southwest Region Counties: Big Stone, Chippewa, Cottonwood, Jackson, Kandiyohi. Lac Qui Parle, Lincoln, Lyon, McLeod, bleeker. <br /> Murray, Nobles, Pipestone, Redecood. Renvifle, Rock, Swift and Yellow Medicine. <br /> • Note: See notes on Page 13 of Report for Terms, Definitions anti Sources. <br /> 9 <br />