New

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New Start-Up Businesses(Aroostook County)

• LABOR MARKET INFORMATION SERVICES
• May 3, 2005

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• This project is an effort to identify and track
  new firms in Maine on a quarterly basis with the
  primary focus being on Aroostook County for this
  analysis.
• These new firms, or Start-Ups, include only
  those that are unique, new establishments.

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The Data

• The data for this project was obtained through
  the database of our Quarterly Census of
  Employment and Wages (QCEW) program.
• Each employer account in the database possesses
  important data such as
• Monthly Employment
• Total Wages
• NAICS (North American Industry Classification
  System) Code
• RES (Residence) Code and County Code
• And much more
• Coding allows us to not only understand the
  primary activity of each business, but also where
  each is physically located in Maine.
• Each new business has been assigned to a specific
  NAICS sector to better track their changes and
  development in the future.

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NAICS Industry Sectors for Start-Ups in
Aroostook County

• Construction
• Logging
• Manufacturing
• Retail Trade
• Leisure and Hospitality
• Trucking and Warehousing
• Rental and Leasing
• Business Services
• Health and Education
• Other Services

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Tracking Start-Ups

• Tracking Start-Ups with a beginning liability
  in the 1st Quarter of 2004.

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1st Quarter 2004, Summary of findings

• In the 1st Quarter of 2004, there were 10 new
  business establishments in Aroostook County
  offering 33 new jobs with an average weekly wage
  of 213.
• Nondisclosable. Both Federal and State laws
  prohibit the Maine Department of Labor from
  disclosing data when there are fewer than three
  employers.
• Totals reflect employment and wages of all new
  businesses.

Start-up Period January to March Start-up Period January to March Start-up Period January to March Start-up Period January to March
Total Average
Employment Employment Wages Weekly Wage Weekly Wage
Logging 2
Construction 1
Manufacturing 1
Retail Trade 1
Trucking and Warehousing 2
Rental and Leasing 1
Leisure and Hospitality 2    
Totals 10 33 91,285 213
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2nd Quarter 2004, Summary of Findings

• In the 2nd Quarter of 2004 employment increased
  to 45 with an average weekly wage of 215.
• Nondisclosable. Both Federal and State laws
  prohibit the Maine Department of Labor from
  disclosing data when there are fewer than three
  employers.
• Totals reflect employment and wages of all new
  businesses.

Follow-up April to June Follow-up April to June Follow-up April to June Follow-up April to June Follow-up April to June
Total Average Average
Employment   Wages Weekly Wage Weekly Wage
Logging 2
Construction 1
Manufacturing 1
Retail Trade 1
Trucking and Warehousing 2
Rental and Leasing 1
Leisure and Hospitality 2    
Totals 10 45 125,932 215
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3rd Quarter 2004, Summary of Findings

• In the 3rd Quarter of 2004 employment increased
  to 50 with an average weekly wage of 267.
• Nondisclosable. Both Federal and State laws
  prohibit the Maine Department of Labor from
  disclosing data when there are fewer than three
  employers.
• Totals reflect employment and wages of all new
  businesses.

Follow-up July to September Follow-up July to September Follow-up July to September Follow-up July to September Follow-up July to September Follow-up July to September
Total Average Average
Employment Employment Wages Weekly Wage Weekly Wage
Logging 2
Construction 1
Manufacturing 1
Retail Trade 1
Trucking and Warehousing 2
Rental and Leasing 1
Leisure and Hospitality 2  
Totals 10 50 173,893 267
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Tracking Start-Ups

• Tracking Start-Ups with a beginning liability
  in 2nd Quarter of 2004.

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2nd and 3rd Quarter 2004, Summary of Findings

• In the 2nd Quarter of 2004, there were 27 new
  business establishments (these do not include the
  new start-ups beginning liability in 1st Quarter,
  2004) in Aroostook County offering 62 new jobs
  with an average weekly wage of 265. In the 3rd
  Quarter of 2004, employment increased to 65, with
  an average weekly wage of 323.
• Nondisclosable. Both Federal and State laws
  prohibit the Maine Department of Labor from
  disclosing data when there are fewer than three
  employers.
• Totals reflect employment and wages of all new
  businesses.

Start-up Period April to June Start-up Period April to June Start-up Period April to June Start-up Period April to June Start-up Period April to June Follow-up July to September Follow-up July to September Follow-up July to September Follow-up July to September
Total Average Average Total Average Average
Employment Employment Wages Weekly Wage Weekly Wage Employment   Wages Weekly Wage Weekly Wage
Construction 4 4 10,811 208 4 11,286 217
Retail Trade 2
Trucking and Warehousing 8 10 32,068 247 12 54,047 346
Business Services 5 21 82,870 304 16 108,518 522
Health and Education 4 10 59,886 461 12 51,914 333
Leisure and Hospitality 2
Other Services 2      
TOTALS 27 62 213,750 265 65 273,221 323
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Aroostook County Start-ups Compared with the State of Maine Aroostook County Start-ups Compared with the State of Maine Aroostook County Start-ups Compared with the State of Maine Aroostook County Start-ups Compared with the State of Maine Aroostook County Start-ups Compared with the State of Maine Aroostook County Start-ups Compared with the State of Maine Aroostook County Start-ups Compared with the State of Maine Aroostook County Start-ups Compared with the State of Maine Aroostook County Start-ups Compared with the State of Maine Aroostook County Start-ups Compared with the State of Maine

First Quarter Start-ups First Quarter Start-ups Jan-Mar Jan-Mar Apr-Jun Apr-Jun Jul-Sep Jul-Sep
Average Average Average
Units Employment Weekly Wage Employment Weekly Wage Employment Weekly Wage
Aroostook 10 33 213 45 215 50 267
Maine 694 1699 413 2079 451 2157 484

Second Quarter Start-ups Second Quarter Start-ups Apr-Jun Apr-Jun Jul-Sep Jul-Sep
Average Weekly Average
Units Employment Wage Employment Weekly Wage
Aroostook 27 62 265 65 322
Maine 764 1598 241 2073 373
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Conclusion

• In conclusion, the Department of Labor has taken
  the first step to begin tracking new start-ups in
  Maine. Having the ability to track these
  businesses allows us to examine and assess which
  types of businesses are coming to various regions
  of the State. Analyzing the employment and wages
  of theses specific establishments will provide
  additional data for aspiring entrepreneurs.