montgomery county today
131
INDUSTRY
SECTOR
2013 JOBS
% OF TOTAL
2013 JOBS
% CHANGE
2003—2013
LOCATION
QUOTIENT
Agriculture, Forestry, Fishing and Hunting
272
0.1%
8%
0.06
Mining, Quarrying, and Oil and Gas Extraction
167
0.0%
33%
0.05
Utilities
2,262
0.5%
2%
1.08
Construction
19,555
4.5%
-19%
0.88
Manufacturing
42,433
9.8%
-29%
0.92
Wholesale Trade
22,640
5.2%
1%
1.03
Retail Trade
56,541
13.1%
1%
0.98
Transportation and Warehousing
8,655
2.0%
-9%
0.53
Information
11,447
2.6%
-35%
1.1
Finance and Insurance
33,498
7.7%
-8%
1.55
Real Estate and Rental and Leasing
6,619
1.5%
-20%
0.87
Professional, Scientific, and Technical Services
52,315
12.1%
17%
1.68
Management of Companies and Enterprises
12,515
2.9%
59%
1.56
Administration & Support, Waste Management and Remediation
32,241
7.4%
-1%
1.02
Educational Services
11,425
2.6%
11%
1.13
Health Care and Social Assistance
68,155
15.7%
13%
1.01
Arts, Entertainment, and Recreation
6,548
1.5%
14%
0.84
Accommodation and Food Services
29,811
6.9%
7%
0.64
Other Services (excluding Public Administration)
16,124
3.7%
15%
1.01
Total
433,223
100%
FIGURE 100:
Industries in Montgomery County by Private Sector Jobs: 2013
Source: Bureau of Labor Statistics
Location Quotients
Location Quotients (LQ) are accepted measures of how
concentrated a specific industry is in a county or region as
it compares to the same industry from a larger base such
as the state or nation. They can reveal what makes the
county unique in comparison to the national average. The
LQs from the chart on the left represent a ratio of the
percentage of total jobs within a particular industry
in the
county
divided by the percentage of total jobs within the
same industry
in the nation
.
LQs greater than one indicate that the industry is more
highly concentrated in the county than it is nationwide.
These industries are usually considered export-oriented
industries because they tend to serve more than just the
local economy and bring money into the county rather
than just circulate money that is already in the county.
LQs less than one indicate that the industry is less
concentrated in the county as compared to the nation and
likely serves other businesses or industries within the
county as opposed to a larger customer base.
The LQs presented in the chart are intended only as a start
to providing more understanding of the employment
figures and the county’s economy. It may be useful to
look at more detailed or specific industries within the
sectors shown or consider the Philadelphia region as a
whole before drawing definite conclusions.
FIGURE 101:
Public Sector Jobs in Montgomery County: 2013
GOVERNMENT LEVEL
2013 JOBS
% CHANGE 2003—2013
Federal Government
2,677
-23%
State Government
4,649
-5%
Local Government
28,120
8%
Total
35,446
3%
Source: Bureau of Labor Statistics
