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Manufacturing Was Largest Source of New and Expansion - <br /> Jobs in West Central Region <br /> Compared to the previous quarter, the West Central region showed fewer business start-ups <br /> and start-up jobs. At the same time, there were fewer business dissolutions and job losses <br /> from dissolutions. 'However. several large employers in the region expanded, creating 23 <br /> percent more jobs than the previous quarter's expansions. <br /> Manufacturing start-ups and expansions picked up from last quarters' rebound. With retail <br /> trade and service industries slowing down, resource-based manufacturing and machinery Central <br /> t, manufacturing took the lead in new job creation. Downsizing among the region's businesses Region <br /> remained infrequent and had minor impact. <br /> 3rd Quarter, 1994 <br /> Number of Business Establishments <br /> Births Dissolutions Expansions Contractions <br /> Industry No. Rate(%) No. Rate(9'°) No. Rate(%j No. Rate(%) <br /> Agriculture D D D D D D 4 1.8 <br /> Mining 0 0.0 0 0.0 0 0.0 0 0.0 <br /> Construction D D -16 -2.6 8 1.3 D 0 <br /> Manufacturing 6 1.9 0 0.0 14 4.5 0 0.0 <br /> Trans,Comm,Utilities 7 2.6 D 0 D D 0 D <br /> Wholesale Trade 13 3.4 D D 0 0.0 D D <br /> Retail Trade 23 1.6 -14 -1.0 5 0.4 1 0.3 <br /> Finance, Ins., Real Estate 1.0 -12 -2.4 D D 0 0.0 <br /> Services 34 2.1 -10 -0.6 13 0.8 5 0.3 <br /> • Public Administration 0 D 0 0.0 7 3.4 0 0.0 <br /> TOTAL 3rd Qtr., 1994 112 2.0 -59 -1.1 52 0.9 20 0.4 <br /> TOTAL 2nd Qtr., 1994 126 2.3 -86 -1.6 47 0.9 19 0.4 <br /> TOTAL 3rd Qtr., 1993 1118 2.2 -75 -1.1 51 1.0 ?4 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 0 D D -51 -3.4 <br /> Mining 0 0.0 0 0.0 0 0.0 •0' 0.0 <br /> Construction D D -6 -12 143 4.5 D D <br /> Manufacturing 142 1.7 0 0.0 337 4.1 0 0.0 <br /> Trans,Comm,Utilities 3 0.3 D D D D D D <br /> '✓Vhciesale Trade .? <br /> Retail Trade 56 0.4 -20 -0.1 66 0.4 -59 -0.4 <br /> Finance, Ins., Real Estate 2 0.1 -26 -1.1 0 D 0 0.0 <br /> Services 14 0.2 -15 -0.1 249 1.1 -85 -0.4 <br /> Public Administration D D 0 0.0 193 6.5 0 0.0 <br /> TOTAL 3rd Qtr., 1994 333 0.5 -71 -0.1 1,032 1.6 -293 -0.5 <br /> TOTAL 2nd Qtr., 1994 469 0.8 -175 -0.3 836 1.4 -289 -0.5 <br /> TOTAL 3rd Qtr., 1993 271 0.4 -258 -0.4 1,036 1.7 -658 -1.1 <br /> D = Suppressed to avoid disclosure of individual companv data. <br /> Nest Central Counties: Becker. Clay. Douglas. Grant. Otter Tail. Pope. Stevens, Traverse and Wilkin. <br /> .Vote: See notes on Page 13 of Report for Terms. Definitions and.Sources. <br /> • <br /> 7 <br />