Lubbock MSA
September 2017
(Crosby, Lubbock, Lynn)
Industry Composition
Wages by Industry (in millions)
5%
22%
$100.7
1st Quarter 2017
3% Mining, Logging, and Construction
$382.1
Manufacturing
21%
$53.4
$280.7
Trade, Transportation and Utilities Information
4%
Financial Activities
$33.9
Professional and Business Services
2%
13%
Education and Health Services
$51.2
Other Services
$117.9
$240.8
Government
9%
15%
$76.9
Leisure and Hospitality
6%
Employment by Industry
$116.7
Industry Size Class Monthly Change
Annual Change
Size Class
Employees per firm
January 2017
Number of Firms
Employment % Total in Size Class Employment
Sep-17
Aug-17
Sep-16
Actual
%
Actual
%
147,700
147,800
145,700
-100
-0.1%
2,000
1.4%
9
1000+
9
29,984
Mining, Logging, and Construction
7,400
7,600
7,300
-200
-2.6%
100
1.4%
8
500-999
13
8,612
6.1%
Manufacturing
4,700
4,700
4,800
0
0.0%
-100
-2.1%
7
250-499
38
13,339
9.5%
31,300
31,400
30,500
-100
-0.3%
800
2.6%
6
100-249
162
23,286
16.5%
3,300
3,400
3,600
-100
-2.9%
-300
-8.3%
5
50-99
247
16,952
12.0%
Total Nonfarm
Trade, Transportation, and Utilities Information Financial Activities
21.3%
8,100
8,100
7,900
0
0.0%
200
2.5%
4
20-49
731
22,514
16.0%
Professional and Business Services
13,200
13,000
13,000
200
1.5%
200
1.5%
3
10-19
871
11,823
8.4%
Education and Health Services
22,200
22,100
22,100
100
0.5%
100
0.5%
2
5-9
1,191
7,916
5.6%
Leisure and Hospitality
19,000
19,100
18,600
-100
-0.5%
400
2.2%
1
1-4
3,168
6,372
4.5%
0
Other Services Government
5,800
5,900
5,800
-100
-1.7%
0
0.0%
0
32,700
32,500
32,100
200
0.6%
600
1.9%
Total
657
0
0.0%
7,087
140,798
100.0%
Annual Growth Rate for Total Nonagricultural Employment 4.0% 3.0% 2.0% 1.0% 0.0% -1.0% -2.0% Sep-17
Jun-17
Mar-17
Dec-16
Sep-16
Jun-16
Mar-16
Dec-15
Jun-15
Sep-15
Mar-15
Dec-14
Jun-14
Sep-14
Mar-14
Dec-13
Jun-13
Sep-13
Mar-13
Dec-12
Jun-12
Sep-12
Mar-12
Dec-11
Jun-11
Sep-11
Mar-11
Dec-10
Sep-10
Jun-10
Mar-10
Dec-09
Sep-09
Jun-09
Mar-09
Dec-08
Jun-08
Sep-08
Mar-08
Dec-07
Sep-07
-3.0%
Unemployment Information (all estimates in thousands) C.L.F.
Lubbock MSA Emp. Unemp.
Rate
C.L.F.
Texas (Actual) Emp. Unemp.
United States (Actual) C.L.F. Emp. Unemp.
Rate
Rate
Sep-17
160.2
155.5
4.7
2.9
13,499.1
12,955.5
543.6
4.0
161,049.0
154,494.0
6,556.0
4.1
Aug-17
160.1
154.3
5.8
3.6
13,406.5
12,801.7
604.8
4.5
160,863.0
153,576.0
7,287.0
4.5
Sep-16
158.8
153.2
5.6
3.5
13,359.7
12,712.7
647.0
4.8
159,636.0
151,977.0
7,658.0
4.8
Historical Unemployment Rates 12.0% Lubbock MSA 10.0%
Texas U.S.
8.0% 6.0% 4.0% 2.0%
Available at http://www.tracer2.com
Sep-17
Jun-17
Mar-17
Dec-16
Sep-16
Jun-16
Mar-16
Dec-15
Sep-15
Jun-15
Mar-15
Dec-14
Sep-14
Jun-14
Mar-14
Dec-13
Sep-13
Jun-13
Mar-13
Dec-12
Jun-12
Sep-12
Mar-12
Dec-11
Sep-11
Jun-11
Mar-11
Dec-10
Sep-10
Jun-10
Mar-10
Dec-09
Sep-09
Jun-09
Mar-09
Dec-08
Sep-08
Jun-08
Mar-08
Dec-07
Sep-07
0.0%