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The Economic Value of Water and Ecosystem Preservation

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5.3. Results <strong>of</strong> the study<br />

5.3.1. Shift – Share Analysis<br />

Employment changes in U.S<br />

<strong>The</strong> U.S experienced an overall employment growth <strong>of</strong> 4.3 percent from 2001<br />

to 2005 <strong>and</strong> an average employment decline <strong>of</strong> roughly 4 percent over the four<br />

sectors analyzed during this time period (Bureau <strong>of</strong> <strong>Economic</strong> Analysis, 2007).<br />

Forestry, Fishing <strong>and</strong> related activities was the second weakest sector analyzed.<br />

<strong>The</strong> industry lost more than 10,300 jobs, which can be attributed to a 1 percent<br />

decline. Manufacturing was the weakest sector analyzed. <strong>The</strong> country lost<br />

2,133,700 jobs in this sector during these five years, which represents a 12.6<br />

percent employment decline. Mining grew 1.06 percent with the creation <strong>of</strong> 8,600<br />

jobs. Construction was the strongest sector. This industry created 999,000 new<br />

jobs during the five years analyzed, growing approximately 10 percent.<br />

Aransas/Calhoun Region<br />

For Aransas/Calhoun Region, the national share component contributed to<br />

an expected loss <strong>of</strong> 355 jobs. <strong>The</strong> mix <strong>of</strong> industries within this area increased by<br />

95 jobs <strong>and</strong> the competitive share/regional shift was responsible for an expected<br />

loss <strong>of</strong> 613 jobs (Figure 9). <strong>The</strong> sum <strong>of</strong> these three components equals to an<br />

overall decrease <strong>of</strong> 873 jobs in the four sectors studied, which translates to an<br />

employment decline <strong>of</strong> 9.74 percent (Table 5-5).<br />

Figure 5-9. Employment change by segment. Aransas <strong>and</strong> Calhoun, 2001 -<br />

2005<br />

500<br />

300<br />

100<br />

-100<br />

-300<br />

-500<br />

-700<br />

National Grow th<br />

Industry Mix<br />

58<br />

Regional Shift

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