GROW LICKING COUNTY INVESTOR...

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GROW LICKING COUNTY INVESTOR BREAKFAST March 1, 2017

Transcript of GROW LICKING COUNTY INVESTOR...

Page 1: GROW LICKING COUNTY INVESTOR BREAKFASTfiles.constantcontact.com/ec777d60301/f241e2cf-5307-49ef-89c5-eae... · Source: U.S. Census Bureau, American Community Survey, 5-year estimates,

GROW LICKING COUNTY

INVESTOR BREAKFAST

March 1, 2017

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ABOUT COLUMBUS 2020

Mission

Generate opportunity and build capacity for economic growth in the Columbus Region

Goals to achieve by the year 2020

Add 150,000 net new jobs

Increase personal per capita income by 30 percent

Generate $8 billion of capital investment

Be recognized as a national leader in economic development

Plan

Retain and expand companies and industries that call the Columbus Region home

today

Attract economic base employers to the Columbus Region

Accelerate high-growth enterprises by connecting entrepreneurs with the economic

development system

Improve civic infrastructure to enhance the economic development environment

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INVESTOR RELATIONS

283PRIVATE SECTOR

INVESTORS

$4.4MCONTRIBUTED

ANNUALLY

32PUBLIC SECTOR

INVESTORS

$1.95MCONTRIBUTED

ANNUALLY

PRIVATE COMPANIES INVESTING IN THE REGION

Support the strategy to grow and create a more

dynamic economy

Span across multiple sectors and industries

PUBLIC INVESTORS IN THE REGION

Fund the efforts to strengthen and diversify the

community and local tax base

Include counties and cities in the Columbus

Region

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2016 RESULTS

84LOCATIONS &

EXPANSIONS

$764MFIXED ASSET

INVESTMENT

4,447NEW JOBS

COMMITTED

2016

RECAP

SIGNIFICANT ANNOUNCEMENTS

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CURRENT PROJECT PIPELINE

74%NEW COMPANY

LOCATIONS

39%FOREIGN-OWNED

COMPANIES

28OPPORTUNITIES

CREATING 200+ JOBS

Source: Columbus 2020 pipeline, as of January 2017

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2017 YTD RESULTS

11company

announcements

484new jobs created

$101 millioninvested

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FASTEST POPULATION

GROWTH IN THE MIDWESTPopulation growth from 2010 to 2015, major Midwest metros

Indianapolis

Minneapolis

Kansas City

Louisville

Cincinnati

Milwaukee

Chicago

St. Louis

Detroit

Pittsburgh

Cleveland

Columbus

Source: U.S. Census Bureau, Population Estimates, 2015

6.0%

5.1%

5.0%

3.7%

3.3%

1.9%

1.2%

0.8%

0.8%

0.3%

-0.2%

-0.7%

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FASTEST JOB GROWTH IN THE

MIDWEST

15.7%

15.2%

14.3%

12.6%

11.7%

10.3%

9.4%

8.7%

7.6%

6.4%

6.3%

5.1%

Detroit

Indianapolis

Louisville

Minneapolis

Cincinnati

Kansas City

Chicago

Cleveland

Pittsburgh

Milwaukee

St. Louis

Columbus

Private sector job growth from 2010 to 2015, major Midwest metros

Source: Bureau of Labor Statistics, State and Area Employment

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TOP 10 IN U.S. FOR MILLENNIALS

Percent of population age 25 to 34, large metro areas (1M+ population)

Salt Lake City

San Diego

Seattle

Denver

San Francisco

Virginia Beach

Columbus

Los Angeles

New Orleans

Austin

15.2%

15.4%

15.5%

15.5%

15.9%

16.1%

16.2%

16.2%

16.3%

17.2%

Source: U.S. Census Bureau, American Community Survey 2015

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Cheryl Hay,Director

Brent Maurer,Manager,

Talent Operations

Steve Youll,Manager,

Org. Development

Elise Meyers,Research

Josie Newman,Research

Carolyn RodenhauserMike Stanton

Tim Harman

Von Williams

David Romp

Lucious Plant

MEET THE TALENT TEAM

Based in Columbus

Regional Talent Managers

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Talent Acquisition Focus Areas

TALENT SERVICES

OFFERED THROUGH TALENT TEAM

ClientSpecific

CLIENTS MAY CHOOSE A COMBINATION OF THE SERVICES

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Source: Columbus 2020

LICKING COUNTYPROJECT ANNOUNCEMENTS 2013 – 2017 YTD

Since 2013, 32 location and expansion projects have been announced in Licking County

committing 4,553 new jobs and $1.03 billion in capital investment.

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Source: EMSI, Class of Worker 2017.1

LICKING COUNTYJOB GROWTH 2001 - 2016

20,807

20,103

20,303

17,543

19,31719,511

15,000

16,000

17,000

18,000

19,000

20,000

21,000

22,000

The number of jobs in

Licking County has grown

6% since 2001.

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RECOVERY BEYOND RECESSION

Only 7% of counties in

the U.S. (214 of 3,069)

have recovered to pre-

recession levels of total

employment,

unemployment rate,

size of the economy,

and home values.

Seven of these

counties are in the

Columbus Region.

Source: National Association of Counties (recovery based on levels through EOY 2015)

Columbus Region

County returned to pre-recession levels

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Source: Bureau of Labor Statistics, LAUS, seasonally adjusted by Columbus 2020

LICKING COUNTYUNEMPLOYMENT RATE JAN 1990 - DEC 2016

Licking County’s current

unemployment rate of

4.0% is the lowest since

October 2001.

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

Jan-9

0

Jan-9

1

Jan-9

2

Jan-9

3

Jan-9

4

Jan-9

5

Jan-9

6

Jan-9

7

Jan-9

8

Jan-9

9

Jan-0

0

Jan-0

1

Jan-0

2

Jan-0

3

Jan-0

4

Jan-0

5

Jan-0

6

Jan-0

7

Jan-0

8

Jan-0

9

Jan-1

0

Jan-1

1

Jan-1

2

Jan-1

3

Jan-1

4

Jan-1

5

Jan-1

6

Columbus Region Licking County

4.0%

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Source: U.S. Census Bureau, American Community Survey, 5-year estimates, 2010; 2015

LICKING COUNTYEDUCATIONAL ATTAINMENT 2010 - 2015

Education attainment levels

among the resident

population age 25+ has

shifted more toward higher

education – a 13% increase

since 2010.

8%5%

15%

9%

8%

6%

21%

19%

37%

47%

10%14%

20152010

<HS Degree

HS Degree

Some college

Associate's Degree

Bachelor's Degree

Graduate Degree

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LICKING COUNTYGROWTH BY OCCUPATION 2001 - 2016

Source: EMSI, Class of Worker 2017.1. Selection compiled from occupations that added more than 25 jobs over the time period and grew by more than 25%.

Job growth in Licking County has been lead by engineering, science and logistics related

occupations.

51.5%

25.1%

47.3%

85.4%

36.3%

31.2%

30.0%

26.1%

1.6%

11.2%

18.7%

20.8%

12.5%

15.3%

16.1%

20.8%

Civil Engineers (17-2051)

Mechanical Engineers (17-2141)

Life, Physical, and Social Science Occupations (19-0000)

Chemical Technicians (19-4031)

Sales Representatives, Wholesale and Manufacturing, Technicaland Scientific Products (41-4011)

Bus and Truck Mechanics and Diesel Engine Specialists (49-3031)

Industrial Truck and Tractor Operators (53-7051)

Packers and Packagers, Hand (53-7064)

Licking County Columbus Region

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LICKING COUNTYMEDIAN HOURLY WAGES 2016

Wages of growing occupations are slightly lower than or in line with the Columbus Region.

$36.07

$35.10

$26.86

$20.90

$30.86

$19.87

$13.00

$10.14

$38.06

$36.71

$27.53

$20.64

$34.14

$21.27

$14.83

$11.27

Civil Engineers (17-2051)

Mechanical Engineers (17-2141)

Life, Physical, and Social Science Occupations (19-0000)

Chemical Technicians (19-4031)

Sales Representatives, Wholesale and Manufacturing, Technicaland Scientific Products (41-4011)

Bus and Truck Mechanics and Diesel Engine Specialists (49-3031)

Industrial Truck and Tractor Operators (53-7051)

Packers and Packagers, Hand (53-7064)

Licking County Licking County

Source: EMSI, Class of Worker 2017.1. Selection compiled from occupations that added more than 25 jobs over the time period and grew by more than 25%.

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Source: Census Bureau, Local Employment Dynamics, 2014 data

LICKING COUNTYCOMMUTING PATTERNS

Commute analysis for Licking County based on

where workers live. Workers are commuting

within Licking County and from neighboring

counties, especially Franklin County.

Commute analysis for Licking County based

on where workers are employed.

Employment is concentrated in Licking

County and neighboring cities and towns.

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LICKING COUNTYCOMMUTING PATTERNS

Source: Census Bureau, Local Employment Dynamics

21,984

24,619

25,622

25,708

42,545

46,063

2010

2014

Employed in Licking County, live outside Live and Work within Licking County Live inside Licking County, Work Outside

Workers commuting to Licking County for jobs has increased 12% and residents commuting out of Licking County for jobs has increased 8%. Residents living and working within the county has remained flat.

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THANK YOU FOR CONTINUE TO SHOWCASE &

GROW THE LICKING COUNTY COMMUNITY

SHARE ”ONE OF US” CAMPAIGN http://columbusregion.com/About-the-Region/One-of-US/One-of-US-

Join.aspx

REQUEST DATA JOB CREATION, POPULATION, WAGE/CAREER DATA

LET US COLLABORATE

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THANK YOU!

TIM HARMAN , [email protected]