DRAFT Morrisville Affordable Housing Plan, September 23, 2019 version

DRAFT SEPTEMBER 23, 2019

PART 1 | The Regional Market

ECONOMY AND EMPLOYMENT

The region has been successful at creating jobs over the past 20 years but, like the rest of the American economy, the greatest growth has come at two ends of the income spectrum. The largest employment gains came in a handful of industry sectors. Over 60% of employment growth was in relatively high-paying professional, scientific, and management positions, as well as education and health care. But nearly a quarter of job growth was in low-paying sectors such as retail trade and arts, recreation, accommodations, and food service. Traditional mid-wage sectors, such as construction and manufacturing, were only a very small percentage of total employment growth.

44%

925,092

Employment by Industry Category, % Change 2000-2017

644,550

3%

14% -1% 21% 40% 30% -13% 62% 74% 63% 93% 50% 31%

% Change

2000 2017

230,562

145,126

141,611

93,216

84,233

82,486

83,036

83,293

66,695

62,100

58,570

51,590

43,948

43,572

42,340

38,387

33,630

31,852

28,314

26,611

24,425

23,279

22,142

18,306

5,238

5,080

Retail trade

Information

Construction

Other services

Manufacturing

Wholesale trade

Educational, health and social services

Transportation and

Public administration

and rental and leasing

Professional, scientific,

Agriculture, forestry, fishing and hunting, and mining

warehousing, and utilities

TOTAL EMPLOYED PERSONS

management, administrative, and waste management services

(except public administration)

Finance, insurance, real estate,

Arts, entertainment, recreation, accommodation and food services

Source: 2000 Census and 2013-2017 American Community Survey Data

Affordable Housing Plan for Morrisville, NC | 2019

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