Laserfiche WebLink
Northwest Region Was State's Top Performer in Job Creation" <br /> Businesses in the Northwest region repeated their exemplar, performance of the previous . <br /> summer. This region was the state's top performer this quarter, showing the highest rates of <br /> job creation from business start-ups and expansions. and the lowest rates of job losses from . <br /> business dissolutions and contractions. <br /> The Northwest region had one-third more business start-ups during this quarter, and these new <br /> businesses were larger on average. Most start-up jobs were created in services, retail trade and <br /> Northwest manufacturing industries. Large manufacturers in the region led in business expansions. which <br /> Region strained the labor pool in some communities. There were also significant expansions in health <br /> services, education, social services. and local government. <br /> 3rd Quarter. 1994 <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 5 2.3 <br /> Mining 0 0.0 0 0.0 0 0.0 0 0.0 <br /> Construction 15 3.8 -10 -2.5 D D D D <br /> Manufacturing 8 2.9 0 0.0 7 2.5 D D <br /> Trans,Comm,Utilities 5 1.9 -4 -1.5 0 0.0 D D <br /> Wholesale Trade 6 1.9 D D D D D D <br /> Retail Trade 20 1.8 -15 -1.3 6 0.5 D D <br /> Finance, Ins., Real Estate 5 1.5 D D D D 0 0.0 <br /> Services 38 2.9 -19 -1.4 15 1.1 10 0.8 <br /> Public Administration D D 0 0.0 4 1.8 D D . <br /> TOTAL 3rd Qtr., 1994 108 2.4 -57 -1.3 36 0.8 25 0.6 <br /> TOTAL 2nd Qtr., 1994 81 1.8 -69 -1.5 24 0.5 21 0.5 <br /> TOTAL 3rd Qtr., 1993 74 1.7 -38 -0.9 28 0.6 30 0.7 <br /> Number of Jobs <br /> Births Dissolutions Expansions Contractions <br /> Industry No. Rate(%) No. Rate(%) No. Rate(%) No. Rate(%) <br /> Agriculture D 0 D D D D -37 -3.0 <br /> Mining 0 0.0 0 0.0 0 0.0 0 0.0 <br /> Construction 19 0.9 0 0.0 D D D D <br /> Manufacturing 89 0).9 0 1 5.6 D - <br /> Trans.Comm,Utilities 7 0.4 -9 -0.5 0 0.0 D D <br /> Wholesale Trade 28 0.9 D D D D D D <br /> Retail Trade 194 1.9 -31 -0.3 99 1.0 D D <br /> Finance, Ins., Real Estate 7 0.2 D D D D 0 0.0 <br /> Services 238 12 -30 -0.1 324 1.6 -133 -0.7 <br /> Public Administration D D 0 0.0 99 4.3 D D <br /> TOTAL 3rd Qtr., 1994 604 1.1 -79 -0.1 1,181 2.2 -295 -0.5 <br /> TOTAL 2nd Qtr., 1994 186 0.4 -167 -0.3 438 0.8 -340 -0.7 <br /> TOTAL 3rd Qtr.. 1993 260 0.5 -50 -0.1 720 1.5 -586 -1.2 <br /> D = Suppressed to avoid disclosure of individual company data. • <br /> Normwest Region Counties. Behrami. Clearwater. Hubbard Kittson. lake of the Woods. Mahnomen. Marshall. Norman. Pennington, <br /> Polk. Red Lake and Roseau. <br /> Note: See notes on Page 13 of Report for Terms. Definitions and Sources. • <br />