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Manufacturing Expansions Offset Slowing Job Growth in Retail <br /> Trade and Service Industries <br /> • Laroe manufacturers in the Southwest region created 72 percent more expansion jobs than the <br /> previous quarter, which helped offset slowing job growth among retail trade and service <br /> companies. The local retail trade industry created 47 percent fewer start-up jobs during this <br /> quarter, while the service industry reduced major expansion jobs by 36 percent. <br /> The number of business dissolutions and major contractions increased from the previous <br /> quarter, but the job loss rates remained below those of most other regions of the state. The Southwest <br /> Southwest region has maintained its above-average job retention performance of previous Region <br /> quarters. <br /> 2nd 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 0 0.0 D D <br /> Mining 0 0.0 0 0.0 0 0.0 0 0.0 <br /> Construction 30 3.4 19 2.1 7 0.8 6 0.7 <br /> Manufacturing 13 2.7 D D 9 1.9 4 0.8 <br /> Trans., Comm., Utilities 11 1.9 14 2.5 D D 4 0,7 <br /> Wholesale Trade 8 1.1 7 1.0 D D D D <br /> Retail Trade 36 1.8 41 2.0 7 0.3 11 0.5 <br /> Finance, Ins., Real Estate 7 0.9 13 1.6 0 0.0 0 0.0 <br /> Services 35 1.5 49 2.1 6 0.3 5 0.2 <br /> Public Administration D D 0 0.0 D D 0 0.0 <br /> • TOTAL 2nd Qtr. 1995 149 1.8 151 1.8 37 0.4 33 0.4 <br /> TOTAL 1st Qtr. 1995 156 1.8 120 1.4 23 0.3 30 0.4 <br /> TOTAL 2nd Qtr. 1994 138 1.6 139 1.7 56 0.7 44 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 D D 0 0.0 D D <br /> Mining 0 0.0 0 0.0 0 0.0 0 0.0 <br /> Construction 45 0.9 31 0.7 88 1.8 80 1.7 <br /> Manufacturing 22 0.1 D D 303 1.1 68 0.2 <br /> Trans., Comm., Utilities 15 0.4 15 0.4 D D 59 1.4 <br /> Wholesale Trade 11 0.2 12 0.2 D D D D <br /> Retail Trade 160 0.8 80 0.4 96 0.5 137 0.7 <br /> Finance, Ins., Real Estate 12 0.3 8 0.2 0 0.0 0 0.0 <br /> Services 104 0.3 93 0.3 152 0.4 106 0.3 <br /> Public Administration D D 0 0.0 D D 0 0.0 <br /> TOTAL 2nd Qtr. 1995 405 0.4 260 0.2 720 0.7 497 0.4 <br /> TOTAL 1st Qtr. 1995 584 0.5 294 0.3 526 0.5 517 0.5 <br /> TOTAL 2nd Qtr. 1994 453 0.4 560 0.5 911 0.9 828 0.8 <br /> D = Suppressed to avoid disclosure of individual compare data. <br /> South�,est Region Counties: Big Stone, Chippewa, Cottonwood, Jackson, Kandiwhi. Lac Qui Parle, Lincoln, Leon, McLeod, Meeker, <br /> ,hurray, Nobles, Pipestone, Redwooel, Renville, Rock, Swift and Yellmt ,Lledicine. <br /> Note: See notes on Page 13 of Report for Terms, Definitions and Sources. <br /> 9 <br />