Industry Growth in Erie County

Erie's Industry Growth

Analysis Categories

What does this measure?

Growth year-over-year by Compensation, Employment Total, Output, and Value Addition by industry sectors for Erie County for years 2011 through 2017.

Why is this important?

To analyze the 'health' of an industry by how it's trending in pay for its employees, how much talent its amassing or losing, its performance financially, and what it's contributing to the County's tax revenues.

How is Erie County doing?

There is growth overall in the Services sector among the employment, compensation, and output variables. Other sectors show growth in one or some variables, but it is important to analyze growth trends relative to the variable, as growth in output may show strong demand, but stagnant employment or compensation reveals a negative trend for the economy overall. Among the declining sectors, the Mining industry om Erie County has shown an average negative growth in output, compensation, and value add since 2011.

How does Erie compare to its Peers?

About this Data

Analysis performed by Data Center on data from Emsi, 2019. Variable definitions included in the infographic.