Virginia. Wholesale Trade Profile

Transcription

1 Virginia Wholesale Trade Profile July 2016

2 For additional information or explanation of the contents of this document, you may contact the Economic/Operations Research section at (804) or Publication Staff: Timothy O. Kestner, Editor; Joan McDorman, Assistant Editor; Linda Simmons, Graphic Design/Layout

3 ESTABLISHMENTS

4 NAICS Code Industry 1995 Average Establishments 2010 Average Establishments 2015 Average Establishments 2015 Average Employment 2015 Employment per Establishment 4231 Motor Vehicle and Parts , Furniture and Furnishing Lumber and Construction Supply Merchant Commercial Equipment , , ,196 1,048 1,078 14, Metal and Mineral Appliance and Electric Goods Merchant Hardware and Plumbing , , , Machinery and Supply Miscellaneous Durable Goods Merchant Paper and Paper Product 1,161 1,119 1,078 12, , , Druggists' Goods , Apparel and Piece Goods Grocery and Related Product Merchant Farm Product Raw Material Merchant Chemical Merchant , , , Petroleum Merchant , Alcoholic Beverage Miscellaneous Nondurable Goods Electronic Markets and Agents and Brokers , , ,551 4,949 4,058 19,374 5 Wholesale Trade 10,903 12,026 11, , All Industries 172, , ,081 3,734,994 15

5 Wholesale Trade Establishments Annual Averages Thousands Source: Quarterly Census of Employment and Wages

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7 Wages

8 NAICS Code Industry Average Weekly Wage Change Change Percent Percent Motor Vehicle and Parts Merchant Furniture and Furnishing Merchant Lumber and Construction Supply Commercial Equipment Merchant $534 $775 $ % 18.7% $584 $976 $1, % 20.9% $574 $976 $1, % 12.9% $933 $1,977 $2, % 14.4% 4235 Metal and Mineral $685 $954 $1, % 10.7% Appliance and Electric Goods Merchant Hardware and Plumbing Merchant Machinery and Supply Merchant Miscellaneous Durable Goods Merchant Paper and Paper Product Merchant $909 $1,486 $1, % 8.5% $641 $1,069 $1, % 11.0% $722 $1,133 $1, % 10.1% $506 $893 $1, % 15.3% $561 $1,018 $1, % 8.5% 4242 Druggists' Goods $818 $1,445 $1, % 19.3% Apparel and Piece Goods Merchant Grocery and Related Product Merchant Farm Product Raw Material Merchant $527 $576 $ % 33.7% $547 $941 $1, % 8.5% $490 $734 $ % 25.9% 4246 Chemical $773 $1,240 $1, % 11.4% 4247 Petroleum $960 $1,020 $1, % 17.9% 4248 Alcoholic Beverage $605 $941 $1, % 7.9% Miscellaneous Nondurable Goods Electronic Markets and Agents and Brokers $497 $749 $ % 9.9% $824 $1,808 $2, % 18.9% Wholesale Trade $709 $1,298 $1, % 12.8% All Industries $517 $955 $1, % 9.3%

9 Wholesale Trade Average Weekly Wage Annual Averages 1,500 1,400 1,300 Dollars 1,200 1,100 1, Source: Quarterly Census of Employment and Wages

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11 Employment

12 NAICS Code Industry Average Employment Change Change Number Percent Number Percent Motor Vehicle and Parts Furniture and Furnishing Lumber and Construction Supply Commercial Equipment Metal and Mineral Merchant Appliance and Electric Goods Hardware and Plumbing Machinery and Supply Miscellaneous Durable Goods Paper and Paper Product Druggists' Goods Merchant Apparel and Piece Goods Grocery and Related Product Farm Product Raw Material Chemical Merchant Petroleum Merchant Alcoholic Beverage Merchant Miscellaneous Nondurable Goods Electronic Markets and Agents and Brokers 5,647 6,325 6,649 1, % % 1,545 1,384 1, % % 4,849 5,043 5, % % 14,102 15,549 14, % % 1,188 1,269 1, % % 5,450 5,380 5, % % 4,643 4,746 5, % % 12,192 12,143 12, % % 3,805 4,723 4, % % 2,892 2,080 1, % % 2,528 3,244 2, % % 1,176 1,231 1, % % 14,603 13,422 13, % % 1, % % 1,444 1,401 1, % % 4,769 1,971 1,747-3, % % 3,130 4,075 4,576 1, % % 5,718 5,041 5, % % 16,134 20,251 19,374 3, % % Wholesale Trade 107, , ,518 3, % % All Industries 3,011,821 3,535,451 3,734, , % 199, %

13 Wholesale Trade Employment Annual Averages Thousands Source: Quarterly Census of Employment and Wages

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15 Geographic Data

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17 Wholesale Trade Totals for 2015 Area Establishments Average Employment Average Weekly Wage Accomack County $788 Albemarle County $1,249 Alexandria city 150 1,452 $1,251 Alleghany County 9 36 $932 Amelia County $865 Amherst County $811 Appomattox County $788 Arlington County 203 1,204 $2,622 Augusta County $891 Bath County 4 non-disclosable data non-disclosable data Bedford County 92 1,162 $1,198 Bland County $1,074 Botetourt County 54 1,060 $1,062 Bristol city $906 Brunswick County $718 Buchanan County $1,194 Buckingham County 9 23 $761 Buena Vista city 4 9 $1,049 Campbell County $986 Caroline County 13 non-disclosable data non-disclosable data Carroll County $422 Charles City County $1,122 Charlotte County $906 Charlottesville city $1,118 Chesapeake city 307 3,764 $1,100 Chesterfield County 540 5,050 $1,474 Clarke County $1,051 Colonial Heights city $1,394 Covington city $665 Craig County 4 non-disclosable data non-disclosable data Culpeper County $914 Cumberland County 7 24 $799 Danville city $871 Dickenson County 5 22 $1,021 Dinwiddie County $726 Emporia city 5 non-disclosable data non-disclosable data Essex County $894 Fairfax city $1,461 Fairfax County 1,187 13,221 $2,494 Falls Church city $2,285 Fauquier County $1,028 Floyd County $604 Fluvanna County $1,048 Franklin city $694 Franklin County $1,178 Frederick County 99 1,037 $1,033 Fredericksburg city $1,064

18 Area Establishments Average Employment Average Weekly Wage Galax city $1,251 Giles County 8 48 $759 Gloucester County $698 Goochland County $1,253 Grayson County 11 non-disclosable data non-disclosable data Greene County $814 Greensville County 8 45 $786 Halifax County $684 Hampton city $970 Hanover County 304 5,185 $1,091 Harrisonburg city 69 1,220 $870 Henrico County 646 7,407 $1,413 Henry County $873 Highland County 7 22 $576 Hopewell city $802 Isle of Wight County 26 non-disclosable data non-disclosable data James City County $845 King and Queen County 6 non-disclosable data non-disclosable data King George County $793 King William County $913 Lancaster County $1,039 Lee County $543 Lexington city 4 non-disclosable data non-disclosable data Loudoun County 401 3,235 $1,538 Louisa County $1,192 Lunenburg County $1,008 Lynchburg city 104 1,489 $1,257 Madison County $906 Manassas city $1,222 Manassas Park city $1,338 Martinsville city $992 Mathews County 6 13 $595 Mecklenburg County $991 Middlesex County $647 Montgomery County $845 Nelson County $736 New Kent County $1,160 Newport News city 107 1,804 $1,070 Norfolk city 220 3,501 $1,134 Northampton County $1,326 Northumberland County $604 Norton city 10 non-disclosable data non-disclosable data Nottoway County $627 Orange County $1,137 Page County 7 52 $1,081 Patrick County $755 Petersburg city $895 Pittsylvania County $722 Poquoson city 3 non-disclosable data non-disclosable data Portsmouth city $933

19 Area Establishments Average Employment Average Weekly Wage Powhatan County $894 Prince Edward County $966 Prince George County $920 Prince William County 270 2,820 $1,103 Pulaski County $838 Radford city 5 91 $1,532 Rappahannock County 6 12 $934 Richmond city 333 3,964 $1,153 Richmond County $730 Roanoke city 176 2,368 $1,128 Roanoke County 136 1,382 $959 Rockbridge County $592 Rockingham County 76 1,119 $1,037 Russell County $778 Salem city 69 1,563 $1,180 Scott County $1,064 Shenandoah County $851 Smyth County $879 Southampton County $854 Spotsylvania County 119 1,074 $1,023 Stafford County 69 1,713 $1,057 Staunton city $739 Suffolk city $1,270 Surry County 5 28 $710 Sussex County $689 Tazewell County $736 Virginia Beach city 393 4,061 $1,280 Warren County $1,131 Washington County $885 Waynesboro city $948 Westmoreland County $581 Williamsburg city $1,208 Winchester city $997 Wise County $996 Wythe County $603 York County $1,289 State Total 11, ,518 $1,464 Note: An area not listed indicates that the industry is not found at this location. Source: Quarterly Census of Employment and Wages

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21 UI Tax Rate

22 2016 UI Taxes by Industry (Base Rate Only) NAICS Code Industry Average Tax Pct. at Minimum Pct. at Maximum 11 Agriculture, Forestry, Fishing and Hunting 0.80% 75.9% 5.2% 21 Mining 2.87% 35.3% 32.4% 22 Utilities 1.34% 49.2% 9.8% 23 Construction 1.53% 61.7% 13.6% Manufacturing 1.58% 52.2% 11.6% 42 Wholesale Trade 1.18% 68.6% 9.4% 423, Durable Goods 1.34% 61.7% 9.3% 424, Nondurable Goods 1.16% 65.8% 8.0% 425 Electronic Markets and Agents and Brokers 1.02% 77.2% 10.2% Retail Trade 0.79% 71.9% 4.0% Transportation and Warehousing 1.29% 61.5% 10.3% 51 Information 1.27% 66.1% 10.0% 52 Finance and Insurance 0.91% 74.4% 6.1% 53 Real Estate and Rental and Leasing 0.86% 77.5% 6.0% 54 Professional and Technical Services 1.01% 74.3% 8.0% 55 Management of Companies and Enterprises 1.36% 64.6% 11.5% 56 Administrative and Waste Services 1.37% 61.3% 10.9% 61 Educational Services 0.73% 75.8% 4.9% 62 Health Care and Social Assistance 0.78% 77.7% 5.8% 71 Arts, Entertainment, and Recreation 0.71% 74.3% 4.8% 72 Accommodation and Food Services 0.59% 69.5% 2.2% 81 Miscellaneous Services 0.60% 84.4% 4.1% Total for All Taxable Industries 0.96% 72.5% 7.2% (excludes 0.07% pool tax)

23 State UI Tax Rate Wholesale Trade vs. Total Annual Averages 1.75 Percent of Taxable Wages Wholesale Trade Total Base rate only; excludes pool and fund building surtaxes. State UI Surtax Rates Percent of Taxable Wages Pool Fund building