ESCONDIDO COMPREHENSIVE ECONOMIC ... - City of Escondido
ESCONDIDO COMPREHENSIVE ECONOMIC ... - City of Escondido
ESCONDIDO COMPREHENSIVE ECONOMIC ... - City of Escondido
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Defense Related Manufacturing<br />
As shown below, the <strong>City</strong> and North County account for a relatively small share <strong>of</strong> the County’s total<br />
number <strong>of</strong> employees – at 0.2% and 5.8%, respectively – in this cluster. These jobs are relatively high<br />
paying, with average annual earnings <strong>of</strong> more than $91,000 in North County.<br />
Employment and Earnings*: Defense Manufacturing<br />
Study Area 2009 2011 2013 Earnings<br />
<strong>Escondido</strong> 34 36 36 $95,863<br />
North County 1,044 1,079 1,132 $91,211<br />
San Diego County 18,942 18,448 19,272 $83,280<br />
* Reflects 2011 Annual Earnings<br />
Source: EMSI Covered Employment<br />
The LQ data illustrates the high concentration <strong>of</strong> companies involved in Defense Related Manufacturing<br />
cluster in other parts <strong>of</strong> the County. The LQ value <strong>of</strong> 2.1 indicates the County has 2.1 times the<br />
employment concentration in this cluster, in relative terms, compared to the nation. <strong>Escondido</strong>’s and<br />
the North County’s relatively low LQ values - 0.1 and 0.6, respectively - indicate the cluster is relatively<br />
underrepresented in both regions. Future growth potential is based on the cluster’s strong overall<br />
presence in the County.<br />
Location Quotient: Defense Manufacturing<br />
Study Area 2009 2011 2013<br />
<strong>Escondido</strong> 0.1 0.1 0.1<br />
North County 0.6 0.6 0.7<br />
San Diego County 2.2 2.1 2.2<br />
Source: EMSI Covered Employment, Hendershot Economics<br />
In terms <strong>of</strong> job growth from 2009 to 2011, all three regions performed better relative to national trends.<br />
Although the County lost a total <strong>of</strong> 494 jobs, it lost fewer jobs than expected, given the magnitude <strong>of</strong><br />
national job declines in this cluster from 2009 to 2011.<br />
2009-2011 Shift Share Analysis: Defense Manufacturing<br />
Study Area Job Change<br />
Expected<br />
Change<br />
Competitive<br />
Effect<br />
<strong>Escondido</strong> 2 1 1<br />
North County 35 -28 63<br />
San Diego<br />
County<br />
-494 -616 122<br />
Source: EMSI Complete Employment , Hendershot Economics<br />
24 <strong>Escondido</strong> CEDS – Industry Cluster Analysis| Hendershot Economics and The Natelson Dale Group, Inc.