Fort wayne forecast 2014.

• Author: Cutter, Ellen

After posting solid numbers in the first quarter years of 010-2011 (4,097 jobs) and 2011-2012 (3,279 jobs), employment growth in the Fort Wayne MSA flattened off more recently, shedding 236 jobs between the first quarters of 2012 and 2013.

Employment Situation

As shown in Table 1, losses in logistics and construction were offset by gains in health care and manufacturing. Contraction within the professional and technical services and information sectors further challenge economic diversification efforts to boost the region's average annual wage, which remained flat over the last year at $41,528.

* TABLE 1: Fort Wayne MSA Covered Employment, 2012 Q1 to 2013 Q1 Industry Employment Change 2012 2013 Q1 Industry Employment Change 2013 Q1 2012 Q1 Average to 2013 Annual Q1 Wage 2012 Q1 2013 Q1 Number Percent Total 193,163 192,927 -236 -0.1% $41,528 Manufacturing 33,057 33,465 408 1.2% $57,077 Health Care and 31,296 32,884 1,588 5.1% $45,219 Social Services Retail Trade 21,389 21,330 -59 -0.3% $24,264 Accommodation 16,270 16,478 208 1.3% $13,611 and Food Services Educational 15,482 15,033 -449 -2.9% $35,056 Services Administrative 10,629 10,122 -507 -4.8% $22,851 Support and Waste Services Wholesale 9,298 9,576 278 3.0% $50,012 Trade Transportation 10,448 9,170 -1,278 -12.2% $42,690 and Warehousing Finance and 8,485 8,572 87 1.0% $73,965 Insurance Construction 7,974 7,680 -294 -3.7% $43,210 Public 6,130 6,151 21 0.3% $45,452 Administration Professional 6,288 5,915 -373 -5.9% $49,134 and Technical Services Other Services 5,753 5,634 -119 -2.1% $24,628 Information 3,783 3,672 -111 -2.9% $53,368 Real Estate, 2,110 2,200 90 4.3% $34,091 Rental and Leasing Arts, 1,778 1,889 111 6.2% $19,295 Entertainment and Recreation Management of 1,607 1,787 180 11.2% $71,270 Companies Utilities 479 476 -3 -0.6% $110,451 Agriculture, 370 383 13 3.5% $27,131 Forestry, Fishing and Hunting Note: Some sector data is partially suppressed. The above chart does not include mining and unallocated job estimates. These quarterly estimates include only covered employment. Monthly estimates which include a broader definition of employment estimate Fort Wayne MSA employment to be 211,500 for August 2013. Source: STATS Indiana, using Indiana Department of Workforce Development data aggregated by the Indiana Business Research Center. Manufacturing remains the region's largest employer, with health care close behind. While the health care sector both locally and nationally exhibited...