Industry Sectors

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The table and chart below provide the industry concentration and projected growth of industries in Denton County over the next decade. The greatest growth can be seen in the Utilities, Automotive, Education and Retail industry clusters. These are followed by Construction, Consumer Services and Financial Service industries. All of these industries have a location quotient, greater than one, illustrating that Denton County has a higher concentration than the national average in these industries. The projected annual growth rate over the 10-year period is above 2.4% for these sectors. The greatest annual growth rate, among these industries, is projected in the construction sector at 3.3%.

Ten-Year Forecast of the Industry in Denton County

Industry Group	Avg. Annual Employment Forecase Rate% 2017Q2-2027Q2	Average Wages	Location Quotient
Utilities	1.42	$75,389	2.02
Auto/Auto-related	2.31	$64,582	1.54
Education	2.12	$42,754	1.26
Retail	2.61	$43,346	1.22
Construction	3.30	$58,790	1.17
Consumer Svc.	2.59	$25,218	1.15
Financial Svc	2.63	$76,831	1.09
Professional Svc	3.11	$67,323	0.93
Freight Tran.	2.1	$51,966	0.92
Metal & Product Mfg.	2.03	$63,709	0.90
Wood/Paper	1.96	$63,373	0.85
Health	4.14	$47,773	0.79
Machinery Mfg.	1.39	$58,467	0.79
Electric/Electronics Mfg.	1.16	$86,536	0.65
Coal/Oil/Power	1.98	$84,283	0.63
Media	1.86	$47,335	0.59
Public Admiin.	2.28	$64,481	0.54

Source: JobsEQ® Data as of 2017Q2
LQ>1 = higher than national average concentration

A closer view of all industries in Denton County with the number of jobs, average earnings per job and the Location Quotient for 2018.

Description	2018 Jobs	Avg. Earnings	2018 Location Quotient
Transportation and Warehousing	14,137	$53,344	1.38
Accommodation and Food Services	30,439	$22,299	1.25
Construction	19,364	$63,015	1.23
Real Estate and Rental and Leasing	5,860	$49,128	1.23
Wholesale Trade	12,620	$89,245	1.21
Retail Trade	34,240	$36,892	1.20
Other Services (except Public Administration)	14,834	$28,610	1.10
Professional, Scientific, and Technical Services	19,667	$87,941	1.07
Arts, Entertainment, and Recreation	5,228	$25,828	1.06
Adminstrative and Support and Waste Mgmt and Remediation Services	16,941	$50,005	0.96
Government	39,973	$70,966	0.94
Healthcare and Social Assistance	29,790	$56,509	0.83
Finance and Insurance	9,435	$79,310	0.83
Manufacturing	17,032	$80,471	0.76
Unclassified Industry	290	$54,390	0.76
Information	3,780	$88,322	0.73
Utilities	706	$105,843	0.73
Management of Companies and Enterprises	2,777	$109,161	0.68
Edcuation Services	4,966	$34,355	0.68
Mining, Quarrying, and Oil and Gas Extraction	514	$109,270	0.44
Agriculture, Forestry, Fishing, and Hunting	704	$38,750	0.21