Dallas County Business Forecast : Market Research Report

Dallas County Business Forecast

Published by: RDA Global

Published: Aug. 1, 2006 - 57 Pages

I. Definitions - Employees, Establishments, Firms, Receipts and NAICS Industry
II. Overview of Dallas County: Economic Data for Dallas County; Comparison of Dallas County Growth Rates with Surrounding Area, State and Nation; 2006 to 2010 Forecast of Employment, Establishments and Receipts.; Industry Segmentation of Employees, Establishments and Receipts of Year 2006; Size Segmentation of Employees, Establishments and Receipts of Year 2006
III. 2006 NAICS Industry Segmentation for Dallas County: Mining -- NAICS 21; Utilities - NAICS 22; Construction -- NAICS 23; Manufacturing -- NAICS 31-33; Wholesale - NAICS 42; Retail - NAICS 44-55; Transportation and Warehousing -- NAICS 48-49; Information -- NAICS 51; Finance -- NAICS 52; Real Estate -- NAICS 53; Professional, Scientific and Technical Services -- NAICS 54; Management of Companies - NAICS 55; Administrative Services -- NAICS 56; Educational Services -- NAICS 61; Health Services -- NAICS 62; Arts, Entertainment, and Recreation -- NAICS 71; Accommodation and Food Services - Naics 72; Other Misc. Services, Auxiliaries and Unclassified - Naics 81, 95 and 99
IV. Forecast Methodology and Confidence Intervals
V. Appendix: US Employment figures include Government and Farm Employment.; TX Employment figures include Government and Farm Employment.
List of Tables and Figures: Employees, Establishments and Receipts for Dallas County; Employees and Establishments for US; Employees for Texas; Industry Segmentation of Employees, Establishments and Receipts of Year 2006; Employment, Establishment and Firm Receipts by Size for Naics 21 (Mining); Employment, Establishment and Firm Receipts by Size for Naics 22 (Utilities); Employment, Establishment and Firm Receipts by Size for Naics 23 (Construction); Employment, Establishment and Firm Receipts by Size for Naics 31-33 (Manufacturing); Employment, Establishment and Firm Receipts by Size for Naics 42 (Wholesale Trade); Employment, Establishment and Firm Receipts by Size for Naics 44 (Retail Trade); Employment, Establishment and Firm Receipts by Size for Naics 48-49 (Transportation and Warehousing); Employment, Establishment and Firm Receipts by Size for Naics 51 (Information); Employment, Establishment and Firm Receipts by Size for Naics 52 (Finance and Insurance); Employment, Establishment and Firm Receipts by Size for Naics 53 (Real Estate); Employment, Establishment and Firm Receipts by Size for Naics 56 (Administrative Services); Employment, Establishment and Firm Receipts by Size for Naics 61 (Private Educational Services); Employment, Establishment and Firm Receipts by Size for Naics 62 (Health Services); Employment, Establishment and Firm Receipts by Size for Naics 71 (Arts, Entertainment, and Recreation); Employment, Establishment and Firm Receipts by Size for Naics 72 (Accommodation and Food Services); Employment, Establishment and Firm Receipts by Size for Naics 99 (Other Misc. Services); US Employment figures include Government and Farm Employment; TX Employment figures include Government and Farm Employment

Abstract

In Dallas County area, there are approximately 1.4 million people employed by 62 thousand business establishments. These establishments generate nearly $300 billion in revenues per year. Compared to the state of Texas and to the nation as a whole, Dallas County has not faired particularly well. Over the past five years (2001-2005) Dallas County has experienced a moderate decline in employment and business activity. For the period 2005 to 2010 RDA is expecting employment and business activity to stabilize and essentially remain constant over the period. This reflects a bottoming out of the County's negative growth trend that began in 2004 and 2005. As a benchmark RDA Global is forecasting, for the same period, 9.7 percent growth in employment for the state of Texas and 7.6 percent growth in employment for the U.S. as a whole.

Employment has been contracting in Dallas County since 2000 and this trend has continued up until 2005. From 2006 onward, employment will be essentially flat in Dallas county with a 4-year CAGR under 1% from 2006-2010. By comparison, the Dallas MSA (composed of Dallas County and, Dallas City Limits and the larger Dallas area suburbs) is among the fastest growing Metro Areas in the USA. The Dallas MSA will see a robust 3% growth in employment in 2006, moderating to just over 2% growth in 2007 and beyond. The growth of Dallas MSA tracks well with the State of Texas overall, which will continue to grow faster than the US overall throughout the forecast period.

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Dallas County Business Forecast

Table of Contents

Abstract