Strategic Business Plan 2017 - 2020 Strategic Business Plan 2017 - 2020 | Page 9

Year Period 2014 1st Qtr 2015 1st Qtr 2016 1st Qtr Area Coastal Bend Coastal Bend Coastal Bend Industry Establishments Avg Emp Total Wages Avg Weekly Wages Total, All Industries 12,431 196,842 $2,218,502,687 $867 Total, All Industries 12,523 198,967 $2,264,726,314 $876 Total, All Industries 12,591 187,547 $1,995,155,706 $818 Source: TWC Tracer2 (QCEW) Historically Petroleum Production is among the highest paying industry over that same time frame of 2014 to 2016 as shown in the chart below. With average earnings of $47,300 in 2016 these higher wages have helped keep the Coastal Bend remain strong and will play a key role in analysis of industry and is a part of selecting the targeted occupations for the region. Source: EMSI Industry Analysis 2014-2016 www.economicmodeling.com The Healthcare Industry continues to be one of the largest industries here, and throughout the state and nation. Home Health Care Services, Education and Hospitals, and General Medical and Surgical Hospitals are some of the largest industry sectors (by number of jobs) in the region. Future projections continue to show growth. 2014 – 2016 Largest Industries Industry 2014 Jobs 2016 Jobs Jobs Change % 2016 Earnings (2014-2016) Change Per Worker Restaurants and Other Eating Places 22,497 23,204 707 3% $18,295 Education and Hospitals (Local Government) 18,971 19,082 110 1% $50,034 Support Activities for Mining 15,759 9,121 -6,638 -42% $82,299 Home Health Care Services 11,886 12,967 1,081 9% $21,028 Local Government, Excluding Education and 10,204 Hospitals 10,549 344 3% $56,614 Oil and Gas Extraction 9,664 9,959 295 3% $71,434 Federal Government, Civilian 8,130 7,769 -361 -4% $98,208 General Medical and Surgical Hospitals 7,541 7,391 -150 -2% $72,510 Nonresidential Building Construction 6,836 6,637 -199 -3% $79,820 Services to Buildings and Dwellings 6, 160 6,383 223 4% $19,630 Source: EMSI Industry Analysis 2014-2016 www.economicmodeling.com 7