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Davenport Area Economic Summary

Updated April 06, 2017

This summary presents a sampling of economic information for the area; supplemental data are provided for regions
and the nation. Subjects include unemployment, employment, wages, prices, spending, and benefits. All data are
not seasonally adjusted and some may be subject to revision. Area definitions may differ by subject. For more area
summaries and geographic definitions, see www.bls.gov/regions/economic-summaries.htm.

Unemployment rates for the Davenport area, Average weekly wages for all industries by county
selected area counties, and the nation Davenport area, 3rd quarter 2016
(U.S. = $1,027; Area = $886)
Unemployment rates
5.2
United States
4.9

6.8
Davenport area
5.3

7.8
Henry Co., IL
6.4

9.2
Mercer Co., IL
7.3

7.8
Rock Island Co., IL
6.2

5.5
Scott Co., IA
4.1

0.0 2.0 4.0 6.0 8.0 10.0


Feb-16 Feb-17
Source: U.S. BLS, Local Area Unemployment Statistics. Source: U.S. BLS, Quarterly Census of Employment and Wages.

Over-the-year changes in employment on nonfarm payrolls and employment by major industry sector
12-month percent changes in employment
Percent Change from Feb.
Davenport area employment
2.5 Feb. 2017 2016 to Feb. 2017
(numbers in thousands)
2.0 Number Percent
Total nonfarm 179.8 0.4 0.2
1.5 Mining, logging, and construction 8.1 -0.4 -4.7
1.0 Manufacturing 22.1 -1.1 -4.7
Trade, transportation, and utilities 37.2 0.0 0.0
0.5
Information 1.9 -0.1 -5.0
0.0 Financial activities 7.4 0.2 2.8
Professional and business services 24.8 0.6 2.5
-0.5
Education and health services 27.8 0.8 3.0
-1.0 Davenport area Leisure and hospitality 17.3 0.0 0.0
United States Other services 7.3 0.0 0.0
-1.5
Feb-14 Feb-15 Feb-16 Feb-17 Government 25.9 0.4 1.6
Source: U.S. BLS, Current Employment Statistics. Source: U.S. BLS, Current Employment Statistics.

www.bls.gov/ro6
Over-the-year change in the prices paid by urban Over-the-year changes in the selling prices received by
consumers for selected categories producers for selected industries nationwide
12-month percent change in CPI-U, February 2017 Percent 12-month percent changes in PPI
6.0
20.0 General freight trucking
Midwest region 17.7
18.0 Hospitals
4.0
16.0 U.S. city average 15.2 Food mfg
14.0 2.0
12.0
10.0 0.0
8.0
6.0 -2.0
4.0 2.4 2.7
2.0 -4.0
0.0
0.0
-0.2 -6.0
-2.0
All Items Food Energy
Source: U.S. BLS, Consumer Price Index. -8.0
Feb-14 Feb-15 Feb-16 Feb-17
Source: U.S. BLS, Producer Price Index.
Average annual spending and percent distribution for
selected categories
Midwest Region average annual expenditures 2015 Average hourly wages for selected occupations
Davenport United
Occupation
area States

All other Housing Total, all occupations $21.56 $23.86


$10,138 $17,370 General and operations managers 43.74 58.70
18.4% 31.5%
Construction managers 35.66 47.84
Accountants and auditors 31.62 36.89
Registered nurses 25.62 34.70
Healthcare
$4,616 Construction laborers 18.93 18.22
8.4% Team assemblers 15.30 15.65

Personal Customer service representatives 14.15 16.91


Trans-
insurance & portation Retail salespersons 13.29 13.07
pensions $9,597 Nursing assistants 12.67 13.29
$6,260 17.4%
11.4% Food Waiters and waitresses 10.26 11.73
$7,090 Cashiers 10.04 10.43
12.9% Total:
$55,071 Cooks, fast food 9.25 9.89
Source: U.S. BLS, Consumer Expenditure Survey. Source: U.S. BLS, Occupational Employment Statistics, May 2016.

Employer costs per hour worked for wages and Over-the-year changes in wages and salaries
selected employee benefits by geographic division 12-month percent changes in ECI
Percent
4.0
Private industry, December West North United
3.5
2016 Central (1) States
3.0
Total compensation $29.83 $32.76
Wages and salaries 20.91 22.83 2.5
Total benefits 8.92 9.93 2.0
Paid leave 2.03 2.28
1.10 1.5
Vacation 1.17
Supplemental pay 0.80 1.15 1.0
Insurance 2.48 2.63
0.5
Retirement and savings 1.22 1.31 West North Central United States
Legally required benefits 2.39 2.56 0.0
Dec-13 Dec-14 Dec-15 Dec-16
(1) West North Central includes IA, KS, MN, MO, ND, NE, and SD.
Source: U.S. BLS, Employer Costs for Employee Compensation. Source: U.S. BLS, Employment Cost Index.

Midwest Information Office BLSinfoChicago@bls.gov https://www.bls.gov/regions/midwest/ 312-353-1880

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