GNRC Economic Data Highlights - Sept 2021

Source: BEA Employment 2019

Employment by Industry

LQ industry of USA

LQ industry of TN

Location quotient = ratio of an industry’s share of local employment divided by its share of the reference area (state or nation) If LQ > 1, there is a greater share of that industry compared to the reference area, meaning it is an economic base industry that has ‘surplus’ to be exported. Our region’s base industries include: • Construction • Information • finance & insurance • real estate, • professional/scientific/technical services • Management • educational services • arts/entertainment/recreation • accommodation and food services

GNRC REGION GNRC as % of TN

Total Employment

1,438,015

34%

Forestry, fishing, and related activities Mining, quarrying, and oil and gas extraction

422

4% 0.06 14% 0.13 23% 0.23 36% 1.05 24% 0.91 32% 0.93 31% 0.98 34% 1.24 55% 1.31 39% 1.01 41% 1.01 45% 1.05 52% 1.50

0.11 0.42 0.67 1.04 0.69 0.94 0.92 0.98 1.60 1.14 1.20 1.33 1.51 0.99 1.30 0.97 1.49 1.04 0.93 0.79

1,001

Utilities

922

Construction Manufacturing Wholesale trade

83,276 87,181 42,754 131,618 80,014 32,170 77,720 70,231 109,133 29,437

Retail trade

Transportation and warehousing

Information

Finance and insurance

Real estate and rental and leasing

Professional, scientific, and technical services Management of companies and enterprises Administrative and support and waste management and remediation services

106,466 34% 1.20

Educational services

37,516 144,189 51,957 119,269 82,746 122,586

44% 1.11 33% 0.88 51% 1.51 35% 1.11 32% 1.00 27% 0.70

Health care and social assistance Arts, entertainment, and recreation Accommodation and food services

Other services (except government and government enterprises)

Government and government enterprises

21

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