| Construction vs. Finance and Insurance Earnings Structure and Growth by County New York, 2001-2022 | | | | Construction vs. Finance and Insurance New York Earnings Distribution by County: Percent of Total Earnings, 2022 | More than 9% | 9% to 8% | 8% to 7% | 7% to 6% | 6% to 5% | 5% to 4% | 4% to 3% | 3% or Below | Total | Construction | 7 | 4 | 5 | 8 | 15 | 11 | 9 | 3 | 62 | Finance and Insurance | 2 | 1 | 4 | 3 | 2 | 3 | 5 | 42 | 62 |
| | | | |
| | | | Construction vs. Finance and Insurance Earnings Structure by County: New York, 2022 | Construction | | Finance and Insurance | | | | | | | | | | | | | | 1,100,391 | 4.5 | 0.7 | 2.3 | | 1,858,965 | 7.6 | 1.1 | 1.0 | | | 57,137 | 5.4 | 0.9 | 0.1 | | 26,092 | 2.5 | 0.3 | 0.0 | | | 1,496,725 | 4.8 | 0.8 | 3.2 | | 219,708 | 0.7 | 0.1 | 0.1 | | | 383,454 | 5.8 | 1.0 | 0.8 | | 217,777 | 3.3 | 0.5 | 0.1 | | | 83,480 | 4.0 | 0.7 | 0.2 | | 62,963 | 3.0 | 0.4 | 0.0 | | | 112,843 | 5.2 | 0.9 | 0.2 | | 33,852 | 1.6 | 0.2 | 0.0 | | | 183,047 | 5.3 | 0.9 | 0.4 | | 67,581 | 2.0 | 0.3 | 0.0 | | | 131,634 | 4.8 | 0.8 | 0.3 | | 77,255 | 2.8 | 0.4 | 0.0 | | | 55,287 | 3.8 | 0.6 | 0.1 | | 87,718 | 6.1 | 0.9 | 0.0 | | | 186,966 | 6.9 | 1.2 | 0.4 | | 35,777 | 1.3 | 0.2 | 0.0 | | | 144,915 | 8.3 | 1.4 | 0.3 | | 23,803 | 1.4 | 0.2 | 0.0 | | | 53,692 | 3.9 | 0.6 | 0.1 | | 39,568 | 2.9 | 0.4 | 0.0 | | | 65,226 | 5.3 | 0.9 | 0.1 | | 29,307 | 2.4 | 0.3 | 0.0 | | | 633,985 | 6.0 | 1.0 | 1.3 | | 330,333 | 3.1 | 0.4 | 0.2 | | | 1,816,804 | 4.4 | 0.7 | 3.8 | | 2,915,560 | 7.0 | 1.0 | 1.6 | | | 72,363 | 6.5 | 1.1 | 0.2 | | 16,772 | 1.5 | 0.2 | 0.0 | | | 48,378 | 3.1 | 0.5 | 0.1 | | 16,054 | 1.0 | 0.1 | 0.0 | | | 71,358 | 5.4 | 0.9 | 0.2 | | 42,417 | 3.2 | 0.5 | 0.0 | | | 90,064 | 5.0 | 0.8 | 0.2 | | 43,165 | 2.4 | 0.3 | 0.0 | | | 57,393 | 4.3 | 0.7 | 0.1 | | 28,034 | 2.1 | 0.3 | 0.0 | | | 6,722 | 5.2 | 0.9 | 0.0 | | 646 | 0.5 | 0.1 | 0.0 | | | 80,228 | 6.8 | 1.1 | 0.2 | | 17,904 | 1.5 | 0.2 | 0.0 | | | 168,445 | 3.6 | 0.6 | 0.4 | | 77,029 | 1.7 | 0.2 | 0.0 | | | 3,327,793 | 4.5 | 0.7 | 7.0 | | 2,282,631 | 3.1 | 0.4 | 1.2 | | | 37,709 | 5.9 | 1.0 | 0.1 | | 6,324 | 1.0 | 0.1 | 0.0 | | | 120,116 | 7.2 | 1.2 | 0.3 | | 14,695 | 0.9 | 0.1 | 0.0 | | | 96,198 | 5.7 | 1.0 | 0.2 | | 36,061 | 2.2 | 0.3 | 0.0 | | | 1,892,225 | 5.6 | 0.9 | 4.0 | | 1,729,709 | 5.1 | 0.7 | 0.9 | | | 63,697 | 4.5 | 0.7 | 0.1 | | 20,717 | 1.4 | 0.2 | 0.0 | | | 4,432,049 | 6.4 | 1.1 | 9.4 | | 5,147,017 | 7.4 | 1.0 | 2.7 | | | 5,532,055 | 1.1 | 0.2 | 11.7 | | 154,220,580 | 31.0 | 4.4 | 82.1 | | | 263,836 | 5.0 | 0.8 | 0.6 | | 131,666 | 2.5 | 0.3 | 0.1 | | | 272,185 | 3.3 | 0.5 | 0.6 | | 574,384 | 6.9 | 1.0 | 0.3 | | | 1,120,554 | 4.9 | 0.8 | 2.4 | | 1,162,632 | 5.1 | 0.7 | 0.6 | | | 394,046 | 9.1 | 1.5 | 0.8 | | 108,206 | 2.5 | 0.4 | 0.1 | | | 795,009 | 5.9 | 1.0 | 1.7 | | 378,444 | 2.8 | 0.4 | 0.2 | | | 59,685 | 6.1 | 1.0 | 0.1 | | 2,603 | 0.3 | 0.0 | 0.0 | | | 214,353 | 7.8 | 1.3 | 0.5 | | 53,349 | 2.0 | 0.3 | 0.0 | | | 66,343 | 3.5 | 0.6 | 0.1 | | 124,285 | 6.5 | 0.9 | 0.1 | | | 301,737 | 11.6 | 1.9 | 0.6 | | 64,252 | 2.5 | 0.3 | 0.0 | | | 6,458,089 | 9.3 | 1.5 | 13.6 | | 1,820,406 | 2.6 | 0.4 | 1.0 | | | 388,055 | 7.0 | 1.2 | 0.8 | | 109,079 | 2.0 | 0.3 | 0.1 | | | 1,157,886 | 9.2 | 1.5 | 2.4 | | 312,261 | 2.5 | 0.3 | 0.2 | | | 1,019,274 | 8.2 | 1.4 | 2.2 | | 476,413 | 3.9 | 0.5 | 0.3 | | | 134,813 | 4.6 | 0.8 | 0.3 | | 50,973 | 1.7 | 0.2 | 0.0 | | | 673,388 | 7.8 | 1.3 | 1.4 | | 691,260 | 8.0 | 1.1 | 0.4 | | | 276,984 | 5.1 | 0.9 | 0.6 | | 255,945 | 4.7 | 0.7 | 0.1 | | | 64,107 | 9.2 | 1.5 | 0.1 | | 33,545 | 4.8 | 0.7 | 0.0 | | | 30,759 | 8.1 | 1.3 | 0.1 | | 3,725 | 1.0 | 0.1 | 0.0 | | | 39,584 | 3.9 | 0.7 | 0.1 | | 10,531 | 1.0 | 0.1 | 0.0 | | | 71,711 | 2.0 | 0.3 | 0.2 | | 84,162 | 2.4 | 0.3 | 0.0 | | | 6,384,412 | 9.0 | 1.5 | 13.5 | | 5,629,768 | 8.0 | 1.1 | 3.0 | | | 194,403 | 8.3 | 1.4 | 0.4 | | 63,180 | 2.7 | 0.4 | 0.0 | | | 53,844 | 4.5 | 0.7 | 0.1 | | 14,548 | 1.2 | 0.2 | 0.0 | | | 85,664 | 1.9 | 0.3 | 0.2 | | 127,452 | 2.8 | 0.4 | 0.1 | | | 316,079 | 5.9 | 1.0 | 0.7 | | 139,026 | 2.6 | 0.4 | 0.1 | | | 188,952 | 6.5 | 1.1 | 0.4 | | 132,228 | 4.5 | 0.6 | 0.1 | | | 105,335 | 7.9 | 1.3 | 0.2 | | 21,891 | 1.6 | 0.2 | 0.0 | | | 178,720 | 6.9 | 1.2 | 0.4 | | 44,660 | 1.7 | 0.2 | 0.0 | | | 3,345,866 | 5.9 | 1.0 | 7.1 | | 5,402,550 | 9.5 | 1.3 | 2.9 | | | 46,812 | 3.7 | 0.6 | 0.1 | | 13,393 | 1.1 | 0.1 | 0.0 | | | 64,260 | 10.7 | 1.8 | 0.1 | | 9,748 | 1.6 | 0.2 | 0.0 | | | | | | | | | | | | | | 47,369,124 | 4.1 | 0.7 | 100.0 | | 187,772,579 | 16.2 | 2.3 | 100.0 | | | 45,394,422 | 4.0 | 0.7 | 95.8 | | 186,841,540 | 16.7 | 2.3 | 99.5 | | | 1,974,702 | 4.9 | 0.8 | 4.2 | | 931,039 | 2.3 | 0.3 | 0.5 | | | | | | | | | | | | | | 915,317,000 | 6.0 | 1.0 | | | 1,078,856,000 | 7.1 | 1.0 | | | | 828,686,467 | 6.0 | 1.0 | | | 1,041,635,863 | 7.5 | 1.1 | | | | 86,630,533 | 6.6 | 1.1 | | | 37,220,137 | 2.8 | 0.4 | |
Source: Calculations by the New York Regional Economic Analysis Project (NY-REAP) with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2023 REAP_PI_CA1600N_610400_611000_SA | | | | |
| | | | Construction vs. Finance and Insurance Earnings Structure by Region: New York, 2022 | Construction | | Finance and Insurance | Metropolitan Statistical Areas | | | | | | | | | | | | | 2,502,925 | 5.6 | 0.9 | 5.3 | | 2,948,794 | 6.6 | 0.9 | 1.6 | | | 437,298 | 5.6 | 0.9 | 0.9 | | 232,325 | 3.0 | 0.4 | 0.1 | | | 2,080,640 | 4.4 | 0.7 | 4.4 | | 3,047,226 | 6.5 | 0.9 | 1.6 | | | 131,634 | 4.8 | 0.8 | 0.3 | | 77,255 | 2.8 | 0.4 | 0.0 | | | 294,287 | 6.9 | 1.2 | 0.6 | | 154,119 | 3.6 | 0.5 | 0.1 | | | 85,664 | 1.9 | 0.3 | 0.2 | | 127,452 | 2.8 | 0.4 | 0.1 | | | 316,079 | 5.9 | 1.0 | 0.7 | | 139,026 | 2.6 | 0.4 | 0.1 | | | 51,483,964 | 4.1 | 0.7 | 108.7 | | 207,329,662 | 16.6 | 2.3 | 110.4 | | | 2,709,052 | 6.2 | 1.0 | 5.7 | | 1,909,621 | 4.4 | 0.6 | 1.0 | | | 1,431,105 | 5.3 | 0.9 | 3.0 | | 1,252,042 | 4.6 | 0.6 | 0.7 | | | 352,413 | 3.7 | 0.6 | 0.7 | | 592,288 | 6.2 | 0.9 | 0.3 | | | 168,445 | 3.6 | 0.6 | 0.4 | | 77,029 | 1.7 | 0.2 | 0.0 | | | | | | | | | | | | | | 47,369,124 | 4.1 | 0.7 | 100.0 | | 187,772,579 | 16.2 | 2.3 | 100.0 | | | 45,394,422 | 4.0 | 0.7 | 95.8 | | 186,841,540 | 16.7 | 2.3 | 99.5 | | | 1,974,702 | 4.9 | 0.8 | 4.2 | | 931,039 | 2.3 | 0.3 | 0.5 | | | | | | | | | | | | | | 915,317,000 | 6.0 | 1.0 | | | 1,078,856,000 | 7.1 | 1.0 | | | | 828,686,467 | 6.0 | 1.0 | | | 1,041,635,863 | 7.5 | 1.1 | | | | 86,630,533 | 6.6 | 1.1 | | | 37,220,137 | 2.8 | 0.4 | |
Source: Calculations by the New York Regional Economic Analysis Project (NY-REAP) with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2023 REAP_PI_CA1600N_610400_611000_SB | | | | |
| | | | Construction vs. Finance and Insurance New York Real* Earnings Growth Distribution by County: Growth Rates, 2022 | More than 2.5% | 2.5% to 2.0% | 2.0% to 1.5% | 1.5% to 1.0% | 1.0% to 0.5% | 0.5% to 0.0% | 0.0% to -0.5% | -0.5% or Below | Total | Construction | 8 | 0 | 1 | 3 | 1 | 3 | 1 | 45 | 62 | Finance and Insurance | 9 | 0 | 1 | 3 | 0 | 2 | 1 | 46 | 62 |
| | | | |
| | | | Construction vs. Finance and Insurance Real* Earnings Growth by County: New York, 2022 | Construction | | Finance and Insurance | | | | | | | | | | | | | | -4.9 | -0.2 | -5.6 | -2.4 | | -6.5 | -0.5 | -3.2 | -3.9 | | | -4.6 | -0.3 | -5.3 | -2.1 | | 48.3 | 0.8 | 51.6 | 50.9 | | | -6.8 | -0.3 | -7.5 | -4.3 | | -20.6 | -0.2 | -17.3 | -18.0 | | | -2.5 | -0.1 | -3.3 | -0.1 | | -4.1 | -0.1 | -0.8 | -1.5 | | | 2.0 | 0.1 | 1.2 | 4.4 | | -11.1 | -0.4 | -7.8 | -8.5 | | | -4.3 | -0.2 | -5.0 | -1.8 | | -0.3 | 0.0 | 3.0 | 2.3 | | | -2.2 | -0.1 | -3.0 | 0.2 | | -1.5 | 0.0 | 1.8 | 1.1 | | | -1.9 | -0.1 | -2.6 | 0.6 | | -10.1 | -0.3 | -6.8 | -7.5 | | | -10.0 | -0.4 | -10.7 | -7.5 | | -8.2 | -0.5 | -5.0 | -5.7 | | | -6.3 | -0.5 | -7.1 | -3.9 | | -3.0 | 0.0 | 0.3 | -0.4 | | | -1.0 | -0.1 | -1.7 | 1.5 | | -3.2 | 0.0 | 0.0 | -0.7 | | | -8.2 | -0.3 | -9.0 | -5.8 | | -2.6 | -0.1 | 0.7 | 0.0 | | | -0.8 | 0.0 | -1.6 | 1.6 | | -2.8 | -0.1 | 0.4 | -0.3 | | | 3.7 | 0.2 | 3.0 | 6.2 | | 1.1 | 0.0 | 4.4 | 3.7 | | | -3.2 | -0.1 | -3.9 | -0.7 | | -3.6 | -0.3 | -0.4 | -1.1 | | | -5.9 | -0.4 | -6.6 | -3.4 | | -57.4 | -1.9 | -54.2 | -54.9 | | | 0.6 | 0.0 | -0.2 | 3.0 | | -3.5 | 0.0 | -0.3 | -0.9 | | | -3.8 | -0.2 | -4.6 | -1.4 | | 6.9 | 0.2 | 10.1 | 9.4 | | | -1.2 | -0.1 | -2.0 | 1.2 | | 5.9 | 0.1 | 9.2 | 8.5 | | | -1.9 | -0.1 | -2.6 | 0.6 | | -3.0 | -0.1 | 0.2 | -0.5 | | | 6.1 | 0.3 | 5.4 | 8.6 | | N | N | N | N | | | -10.8 | -0.8 | -11.6 | -8.4 | | -13.1 | -0.2 | -9.8 | -10.5 | | | -2.1 | -0.1 | -2.8 | 0.4 | | -4.9 | -0.1 | -1.7 | -2.4 | | | -2.8 | -0.1 | -3.5 | -0.3 | | 1.8 | 0.1 | 5.1 | 4.4 | | | 4.3 | 0.3 | 3.6 | 6.8 | | -5.3 | -0.1 | -2.1 | -2.8 | | | 8.0 | 0.5 | 7.3 | 10.5 | | -4.4 | 0.0 | -1.1 | -1.8 | | | -1.8 | -0.1 | -2.5 | 0.7 | | -0.6 | 0.0 | 2.6 | 2.0 | | | 0.5 | 0.0 | -0.3 | 2.9 | | -1.7 | -0.1 | 1.6 | 0.9 | | | 1.4 | 0.1 | 0.6 | 3.8 | | 3.2 | 0.0 | 6.4 | 5.7 | | | 0.4 | 0.0 | -0.4 | 2.8 | | -5.0 | -0.4 | -1.7 | -2.4 | | | -3.8 | 0.0 | -4.6 | -1.4 | | -2.2 | -0.7 | 1.0 | 0.3 | | | -4.2 | -0.2 | -4.9 | -1.7 | | 8.1 | 0.2 | 11.4 | 10.7 | | | -2.3 | -0.1 | -3.1 | 0.1 | | -13.1 | -1.0 | -9.8 | -10.5 | | | -0.6 | 0.0 | -1.4 | 1.8 | | -3.9 | -0.2 | -0.7 | -1.4 | | | -4.9 | -0.5 | -5.6 | -2.4 | | -8.7 | -0.2 | -5.5 | -6.1 | | | -2.2 | -0.1 | -3.0 | 0.2 | | 6.0 | 0.2 | 9.2 | 8.5 | | | -0.4 | 0.0 | -1.2 | 2.0 | | -3.0 | 0.0 | 0.3 | -0.4 | | | 17.1 | 1.1 | 16.3 | 19.5 | | -1.7 | 0.0 | 1.5 | 0.8 | | | -3.1 | -0.1 | -3.9 | -0.7 | | 1.1 | 0.1 | 4.3 | 3.6 | | | -4.2 | -0.5 | -4.9 | -1.7 | | -2.9 | -0.1 | 0.3 | -0.3 | | | -5.0 | -0.5 | -5.7 | -2.5 | | 0.2 | 0.0 | 3.4 | 2.8 | | | 0.3 | 0.0 | -0.5 | 2.7 | | -18.8 | -0.5 | -15.6 | -16.3 | | | -5.9 | -0.6 | -6.6 | -3.4 | | -0.6 | 0.0 | 2.7 | 2.0 | | | 2.8 | 0.2 | 2.0 | 5.2 | | -2.6 | -0.1 | 0.7 | 0.0 | | | 1.2 | 0.1 | 0.4 | 3.6 | | -4.8 | -0.1 | -1.5 | -2.2 | | | -2.9 | -0.2 | -3.7 | -0.5 | | -5.3 | -0.5 | -2.1 | -2.8 | | | -7.4 | -0.4 | -8.2 | -5.0 | | -1.7 | -0.1 | 1.6 | 0.9 | | | -1.2 | -0.1 | -2.0 | 1.2 | | 10.3 | 0.4 | 13.6 | 12.9 | | | -12.2 | -1.1 | -12.9 | -9.7 | | N | N | N | N | | | -10.5 | -0.4 | -11.3 | -8.1 | | -12.0 | -0.1 | -8.7 | -9.4 | | | 1.3 | 0.0 | 0.5 | 3.7 | | 0.1 | 0.0 | 3.3 | 2.6 | | | -1.5 | -0.1 | -2.3 | 0.9 | | -5.2 | -0.4 | -1.9 | -2.6 | | | 8.3 | 0.7 | 7.5 | 10.7 | | -3.0 | -0.1 | 0.3 | -0.4 | | | -2.3 | -0.1 | -3.1 | 0.1 | | -5.2 | -0.1 | -1.9 | -2.6 | | | -9.7 | -0.2 | -10.5 | -7.2 | | 3.1 | 0.1 | 6.4 | 5.7 | | | -2.2 | -0.1 | -2.9 | 0.3 | | -2.2 | -0.1 | 1.1 | 0.4 | | | -4.7 | -0.3 | -5.4 | -2.2 | | -4.8 | -0.2 | -1.6 | -2.3 | | | -4.3 | -0.4 | -5.1 | -1.9 | | 12.5 | 0.2 | 15.8 | 15.1 | | | -2.8 | -0.2 | -3.6 | -0.4 | | -2.2 | 0.0 | 1.0 | 0.3 | | | -1.2 | -0.1 | -1.9 | 1.3 | | -4.8 | -0.5 | -1.6 | -2.3 | | | -3.0 | -0.1 | -3.8 | -0.6 | | -4.6 | -0.1 | -1.3 | -2.0 | | | 2.6 | 0.3 | 1.9 | 5.1 | | 1.3 | 0.0 | 4.6 | 3.9 | | | | | | | | | | | | | | -2.4 | -0.1 | -3.2 | 0.0 | | -2.6 | -0.4 | 0.7 | 0.0 | | | -2.5 | -0.1 | -3.2 | 0.0 | | -2.6 | -0.4 | 0.7 | 0.0 | | | -1.9 | -0.1 | -2.6 | 0.6 | | -3.7 | -0.1 | -0.5 | -1.2 | | | | | | | | | | | | | | 0.8 | 0.0 | 0.0 | | | -3.2 | -0.2 | 0.0 | | | | 0.9 | 0.1 | 0.1 | | | -3.3 | -0.3 | -0.1 | | | | -0.2 | 0.0 | -0.9 | | | -0.7 | 0.0 | 2.5 | |
Source: Calculations by the New York Regional Economic Analysis Project (NY-REAP) with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2023 REAP_PI_CA1600N_610400_611000_GA | | | | |
| | | | Construction vs. Finance and Insurance Real* Earnings Growth by Region: New York, 2022 | Construction | | Finance and Insurance | Metropolitan Statistical Areas | | | | | | | | | | | | | -3.8 | -0.2 | -4.5 | -1.3 | | -6.2 | -0.4 | -2.9 | -3.6 | | | -2.5 | -0.1 | -3.2 | 0.0 | | -4.1 | -0.1 | -0.9 | -1.6 | | | -3.3 | -0.2 | -4.0 | -0.8 | | -3.2 | -0.2 | 0.1 | -0.6 | | | -1.9 | -0.1 | -2.6 | 0.6 | | -10.1 | -0.3 | -6.8 | -7.5 | | | -4.5 | -0.3 | -5.3 | -2.1 | | -2.7 | -0.1 | 0.6 | -0.1 | | | -9.7 | -0.2 | -10.5 | -7.2 | | 3.1 | 0.1 | 6.4 | 5.7 | | | -2.2 | -0.1 | -2.9 | 0.3 | | -2.2 | -0.1 | 1.1 | 0.4 | | | -2.4 | -0.1 | -3.2 | 0.0 | | -2.4 | -0.4 | 0.9 | 0.2 | | | -0.2 | 0.0 | -1.0 | 2.2 | | -2.1 | -0.1 | 1.1 | 0.4 | | | 1.6 | 0.1 | 0.8 | 4.0 | | -3.7 | -0.2 | -0.5 | -1.2 | | | -4.4 | -0.2 | -5.2 | -2.0 | | -13.1 | -0.9 | -9.8 | -10.5 | | | -2.1 | -0.1 | -2.8 | 0.4 | | -4.9 | -0.1 | -1.7 | -2.4 | | | | | | | | | | | | | | -2.4 | -0.1 | -3.2 | 0.0 | | -2.6 | -0.4 | 0.7 | 0.0 | | | -2.5 | -0.1 | -3.2 | 0.0 | | -2.6 | -0.4 | 0.7 | 0.0 | | | -1.9 | -0.1 | -2.6 | 0.6 | | -3.7 | -0.1 | -0.5 | -1.2 | | | | | | | | | | | | | | 0.8 | 0.0 | 0.0 | | | -3.2 | -0.2 | 0.0 | | | | 0.9 | 0.1 | 0.1 | | | -3.3 | -0.3 | -0.1 | | | | -0.2 | 0.0 | -0.9 | | | -0.7 | 0.0 | 2.5 | |
Source: Calculations by the New York Regional Economic Analysis Project (NY-REAP) with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2023 REAP_PI_CA1600N_610400_611000_GB | | | | |
Additional Notes on Interpreting Earnings for New York Earnings The earnings by major industry estimates compiled by the Bureau of Economic Analysis (BEA) are by place of work, and are the sum of wage and salary disbursements (payrolls), supplements to wages and salaries, and proprietors' income. The earnings by industry data are expressed in thousands of current dollars ($1,000s). Unlike wage and salary disbursements, it should be noted that proprietors' income may be reported as negative for those years in which the net income of sole proprietors and partnerships are in the red for a particular sector. This is not an especially unusual occurrence in some relatively small economies where farm proprietorships are dominant. However, this may yield some somewhat unconventional results, such as an industry recording a negative share of total earnings. Other/Suppressed Industries For some areas, an industry category labeled "Other/Suppressed Industries" may appear in the table. It is not uncommon, especially for smaller areas, to encounter suppressed data for selected industries. Data are suppressed to avoid disclosure of confidential information regarding individual firms. Even though the concern for confidentiality may relate to only one industry, data for at least two must be suppressed as summing over the reported data and subtracting from the total yields data for the suppressed category. When suppressed data is encountered, it is reported in the "Other/Suppressed Industries" category. Location Quotient Location quotients help gauge the extent to which various industries are more or less concentrated locally when compared with the nation at large. If an industry's share of total earnings is the same as the national share, then its location quotient is equal to one. If an industry is concentrated in a region, its local employment share will be larger than the share nationally, and its location quotient will correspondingly be greater than one. Conversely, the location quotient for an industry not concentrated in the region will fall between zero and one. Component Contribution The component contribution isolates and records each industry's individual contribution to the total growth of earnings in New York over 2022, and 2002-2022, respectively. When summed over all industries the component contribution will match New York's TOTAL earnings growth rate. | |