Research at Team NEO:Regional Assets
Jim Robey, PhDVP Research
August 8th, 2009
Current Research: Transportation
• Add additional companies to “next day” deliveries
• Working with CLE on European Directs– International companies with activities in
Cleveland+• 989 companies• 37 countries represented
– Reverse engineer via Nexis: Cleveland companies with ops in Europe
Nine US Congressional Districts in the Footprint
Orthopedic Production-Related Workforce:Cleveland-Akron MSA versus Koscuisko County
SOC TitleTotal - Private: Cleveland - Akron
Total - Private: Koscuisko Co, IN
51-1011 First-Line Supervisors/Managers of Production and Operating 9,005 556
51-2092 Team Assemblers 14,484 1,439
51-2099 Assemblers and Fabricators, All Other 4,273 335
51-4011 Computer-Controlled Machine Tool Operators, Metal and Plasti 2,868 141
51-4012 Numerical Tool and Process Control Programmers 414 13
51-4021 Extruding and Drawing Machine Setters, Operators, and Tender 1,649 105
51-4022 Forging Machine Setters, Operators, and Tenders, Metal and P 1,008 33
51-4031 Cutting, Punching, and Press Machine Setters, Operators, and 5,151 211
51-4032 Drilling and Boring Machine Tool Setters, Operators, and Ten 1,111 38
51-4033 Grinding, Lapping, Polishing, and Buffing Machine Tool Sette 2,372 137
51-4034 Lathe and Turning Machine Tool Setters, Operators, and Tende 1,786 46
51-4035 Milling and Planing Machine Setters, Operators, and Tenders, 646 27
51-4041 Machinists 7,616 246
51-4072 Molding, Coremaking, and Casting Machine Setters, Operators, 2,779 218
51-4081 Multiple Machine Tool Setters, Operators, and Tenders, Metal 1,788 116
51-9082 Medical Appliance Technicians 147 139
51-9199 Production Workers, All Other 4,924 256
NEO Production OccupationsIncluding Wages
SOC Code SOC Title
Total 2007NEO
Employment
Average Annual NEO
Wage
51-4011 Computer-controlled machine tool operators 3,600 $33,116.81
51-4012 Numerical tool and process control programmers 360 $47,028.33
51-4021 Extruding and drawing machine setters, operators, and tenders 3,470 $37,510.17
51-4022 Forging machine setters, operators, and tenders 1,130 $38,676.28
51-4023 Rolling machine setters, operators, and tenders 1,430 $34,095.73
51-4031 Cutting, punching, and press machine setters, operators, and tenders 9,620 $29,631.43
51-4032 Drilling and boring machine tool setters, operators, and tenders 1,290 $34,146.36
51-4033 Grinding, lapping, polishing, and buffing machine tool setters, operators, and tenders 2,970 $29,401.99
51-4034 Lathe and turning machine tool setters, operators, and tenders 2,300 $30,489.43
51-4035 Milling and planing machine setters, operators, and tenders 820 $28,288.54
51-4041 Machinists 13,760 $34,531.35
Vacation Days by Length of Tenure and Type of Employment
Tenure
Type of Employment
Mean N Minimum Maximum
Under 1 yearFull-time 7.68 171 1 23
Part-time 5.84 45 2 18
1-2 yearsFull-time 8.27 357 2 23
Part-time 7.47 78 2.5 20
3-5 yearsFull-time 10.71 355 2 27
Part-time 9.32 77 5 20
6-10 yearsFull-time 14.14 353 3 48
Part-time 11.72 76 2.5 23
11 or more yearsFull-time 17.05 342 4 30
Part-time 13.90 74 2.5 30
Sick Days by Length of Tenure and Type of Employment
Tenure Type of Employment Mean N Minimum Maximum
Under 1 yearFull-time 8.43 120 1 30
Part-time 7.03 38 2 15
1-2 yearsFull-time 7.71 141 1 30
Part-time 7.31 40 2 15
3-5 yearsFull-time 7.79 143 1 30
Part-time 7.33 41 1 15
6-10 yearsFull-time 7.93 143 1 30
Part-time 7.40 41 2 15
11 or more yearsFull-time 7.84 139 1 30
Part-time 7.44 40 2 15
Personal Days by Length of Tenure and Type of Employment
Tenure Type of Employment Mean N Minimum Maximum
Under 1 yearFull-time 3.79 106 1 17
Part-time 2.24 30 1 4.5
1-2 yearsFull-time 3.95 142 1 17
Part-time 2.68 41 1 10
3-5 yearsFull-time 4.24 141 1 19.5
Part-time 2.86 38 1 10
6-10 yearsFull-time 4.47 143 1 26
Part-time 2.99 40 1 10
11 or more yearsFull-time 4.69 136 1 27
Part-time 2.88 38 1 10
Holidays by Length of Tenure and Type of Employment
Holidays by Length of Tenure and Type of Employment
TenureType of Employment Mean N Minimum Maximum
Under 1 yearFull-time 8.28 332 3 17
Part-time 7.80 90 2.5 12
1-2 yearsFull-time 8.29 352 3 17
Part-time 7.89 94 2.5 12
3-5 yearsFull-time 8.31 352 3 17
Part-time 7.96 94 2.5 12
6-10 yearsFull-time 8.32 351 3 17
Part-time 7.95 94 2.5 12
11 or more yearsFull-time 8.34 344 3 17
Part-time 7.95 94 2.5 12
401K Benefits by Type of Employment
Type of Employment Requirements for Benefit Mean N Minimum Maximum
Full-time
Tenure (months)6.04 243 0 30
Percentage Paid by Employee
67.25 119 0 100
Part-time
Tenure (months)6.24 79 0 30
Percentage Paid by Employee
71.47 50 0 100
Health Insurance by Type of Employment
Type of BenefitType of Employment
Requirements for Benefit Mean N Minimum Maximum
Health Insurance
for Employee
Full-time
Tenure (months) 2.36 313 0 36
Percentage Paid by Employee
23.48 293 0 100
Part-time
Tenure (months) 1.99 52 0 30
Percentage Paid by Employee
38.18 55 0 100
Health Insurance
for Families
Full-time
Tenure (months) 2.30 302 0 32
Percentage Paid by Employee
31.77 293 0 100
Part-time
Tenure (months) 1.84 48 0 30
Percentage Paid by Employee
46.96 55 3 100
Current Research: Workforce
• 2010 Next Starting Wage and Benefit Survey
• Integrate Census estimates from Claritas– Occupations by residence– Update to 2009 tract data
• Update workforce data– D&B– Industry/occupation matrix from BLS
• CSU: ES202 quarterly updates for occupations
So What Happens If?250 Fabricated Metals Jobs in Summit County
REMI Impacts from 250 JobsOrtho machining in Summit County
Project Marrow: 2009 Operations ImpactsAkron MSA Cleveland+ Ohio
Employment 455 558 572Gross Regional Product $44,189,187 $52,990,902 $54,194,967Personal Income $24,275,700 $28,601,000 $29,144,000
Local Wage Tax (@2%) $485,514 $572,020 $582,880State Income Tax (2.88% ATR) $699,140 $823,709 $839,347CAT: Self Supply Self Supply $90,382 $137,577 $146,539CAT: Imports Imports $36,845 $46,278 $47,869Sales: B2B B2B $86,643 $130,345 $136,092Sales: Consumer Consumer $332,178 $464,236 $475,697
Total State Revenue Estimates $1,245,187 $1,602,145 $1,645,543
Total Public Revenue Estimates $1,730,701 $2,174,165 $2,228,423
Output $83,846,951 $99,376,394 $101,687,753
Much of Northeast Ohio is Working
0
500,000
1,000,000
1,500,000
2,000,000
2,500,000
Jan-08
Feb-08
Mar-08
Apr-08
May-08
Jun-08
Jul-08
Aug-08
Sep-08
Oct-08
Nov-08
Dec-08
Jan-09
Feb-09
Mar-09
Apr-09
May-09
Employment Unemployment
Unemployment Claims Trending Down
0
20000
40000
60000
80000
100000
120000
June Ju
ly
Augus
t
Septe
mbe
r
Octobe
r
Novem
ber
Decem
ber
Janu
ary
Febru
ary
Mar
chApr
ilM
ayJu
ne July
Month
Co
nti
nu
ed C
laim
s
0
2000
4000
6000
8000
10000
12000
14000
16000
18000
Init
ial C
laim
s
Continued Claims Initial Claims
Housing Permits Encouraging
100
150
200
250
300
350
400
450
500
550
Nov-07
Dec-07
Jan-08
Feb-08
Mar-08
Apr-08
May-08
Jun-08
Jul-08
Aug-08
Sep-08
Oct-08
Nov-08
Dec-08
Jan-09
Feb-09
Mar-09
Apr-09
May-09
Ho
us
ing
Pe
rmit
s I
ss
ue
d
Housing Permits
Inventories Down Statewide
Manufacturing Exports in Ohio: 2005-2009
6,000
7,000
8,000
9,000
10,000
11,000
12,000
Q1
2005
Q2
2005
Q3
2005
Q4
2005
Q1
2006
Q2
2006
Q3
2006
Q4
2006
Q1
2007
Q2
2007
Q3
2007
Q4
2007
Q1
2008
Q2
2008
Q3
2008
Q4
2008
Q1
2009
(Mil
lio
ns
20
08
$)
Manufacturing Work Increasing
Average Weekly Manufacturing Hours Worked in Ohio
35.0
36.0
37.0
38.0
39.0
40.0
41.0
42.0
43.0
Jan-
08
Feb-0
8
Mar
-08
Apr-0
8
May
-08
Jun-
08
Jul-0
8
Aug-0
8
Sep-0
8
Oct-0
8
Nov-0
8
Dec-0
8
Jan-
09
Feb-0
9
Mar
-09
Apr-0
9
May
-09
Industrial Space Fairly Stable
Northeast Ohio Occupied Industrial Space
384,000,000
386,000,000
388,000,000
390,000,000
392,000,000
394,000,000
396,000,000
398,000,000
400,000,000
402,000,000
404,000,000
2005
1Q
2005
2Q
2005
3Q
2005
4Q
2006
1Q
2006
2Q
2006
3Q
2006
4Q
2007
1Q
2007
2Q
2007
3Q
2007
4Q
2008
1Q
2008
2Q
2008
3Q
2008
4Q
2009
1Q
2009
2Q
Occ
up
ied
Sq
. F
t.
6.0%
6.5%
7.0%
7.5%
8.0%
8.5%
9.0%
9.5%
Vac
ancy
Rat
e
Occupied Space Vacancy Rate
Strong Office MarketCleveland+ Total Occupied Office Occupied Space and Vacancy:
2004-2009
110,000,000
112,000,000
114,000,000
116,000,000
118,000,000
120,000,000
122,000,000
124,000,000
8.0%
9.0%
10.0%
11.0%
12.0%
13.0%
14.0%
Occupied Space Vacancy Rate
Other Research Updates
• Parcel mapping in GIS• REMI
– Begin using newest model PI+– Create 18 region model for county/subcounty analysis
• Update (quarterly) NLRB data• Regional Economic Review
– Media Tour this week---release April 27th • Update Economy.com county-level data
– Employment– GRP– Wages
Cleveland+ Assets
• Location, Location, Location• Diverse Industry Base: Manufacturing AND Services • Manufacturing
– We Still Make Things:– Cleveland+ 21.3% of GRP– US 13.4% of GDP
• Educational Assets• Ohio Tax Reform: Commercial Activities Tax• $577 Million in Venture Capital
– More than 50% into Bio-Med COMPANIES• More than half of Ohio’s Bio assets are in Cleveland+• Ohio’s Re-newable Portfolio Standard: 25% by 2025
– Creates a market (customers)• Research team @ Team NEO: at your service
– GIS– Economic Impact– Labor & Census Data– Labor & Current Conditions Updates
Research Team
• Rick Seifritz: Research Manager– MUPDD/CSU Levin– [email protected]/216-363-5433
• Jacob Duritsky: Research Manager– MSUS/CSU Levin, Ph.D. coursework in ED– [email protected]/216-363-5424
• Meredith Karger-Davis: Research Manager– MUPDD/CSU Levin– [email protected]/216-363-5430