An Economic Outlook for Clinton County

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An Economic Outlook for Clinton County

• Martin Shields
• Associate Professor
• Director Center for Economic and Community
  Development
• Penn State Cooperative Extension

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This Presentation is Online

• http//cecd.aers.psu.edu

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Outline

• Population trends
• Employment trends
• Income trends
• Penn State Cooperative Extension Assistance in
  Economic and Community Development

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Population Change
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Why We Care

• Tax base
• Demand for services
• Land use planning
• Economic development

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Population Totals 2003
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Population Change 1969-2003
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Population Change 1990-2000
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Migration 1995-2000
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Migration Summary

• From 1995-2000 in- and out-migration resulted in
  a net gain of 1,243 people
• 4,507 left the county
• 5,750 moved into the county
• Of the 4,507 that left the county
• 1,233 left the state
• 3,274 stayed in PA

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Where Are They Going?

• In State

• Out of State

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From Whence Cometh?

• In State

• Out of State

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Population 65 Years of Age 2000
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Job Growth
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Why We Care

• Understanding sources of employment and income
• Identifying potential growth industries for
  economic development planning

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Basics

• 17,784 jobs in 2002 (BEA-REIS)
• 13,972 jobs in 1969
• June 2004 unemployment rate 6.7
• State 5.7

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Unemployment Rate June 2004
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Employment Change 1969-2002
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Employment Change 2001-2003
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Top 10 County Employers 2003
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Top 10 Growing County Industries 2001-2003
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Top 10 Declining County Industries 2001-2003
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Percent of Employment in Manufacturing 2002
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Employment Change in Manufacturing 2001-02
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Percent of Employment in Health Care and Social
Assistance 2003
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Employment Change in Health Care and Social
Assistance 2001-03
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Commuting 2000

• 2,797 in-commuters

• 5,453 out-commuters

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Income
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Why We Care

• Ability to purchase goods and services
• Effects on local revenue base
• Demand for human services

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Per Capita Income as Percent of US Average 2002
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Poverty Rates1999
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Assistance Available from Penn State

• Center for Economic and Community Development
• http//cecd.aers.psu.edu
• Community Affairs Extension
• http//cax.aers.psu.edu

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CECD Services

• Industry analysis
• Identifying opportunities and strategies
• Economic Impact Analysis
• Business Retention and Expansion
• Business visitation program
• Agricultural development
• KAIC
• FOA
• Economic and demographic data and analysis

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CECD Services

• Local government finance and tax reform
• Land use decision making
• Visioning and charting