Veterans in SE Michigan tend to fare better with income and employment

Last week we examined where veterans live throughout the seven-county region of Southeastern Michigan and this week we take a deeper look into the socioeconomic picture for the region’s veterans. Overall, we see that veterans in the region in 2013 tended to have a higher median income level than non-veterans. Also we see that a lower percentage of veterans in the area fell under the poverty line in 2013 than non-veterans. Unemployment status for veterans throughout the region, however, varied.

This data presented in the maps below is from the 2013 American Community Survey.

When looking at median income in Southeastern Michigan at the municipal level, we see that it tended to be higher for veterans than it was for non-veterans. Municipalities such as Bloomfield Hills, Orchard Lake, and Lake Angelus – all of which have higher median income levels than the region as a whole (link to post) – also had higher veteran median income levels than a city such as Highland Park, for example, which has low median income levels.

It should be noted, however, that veterans make up a smaller portion of the population than non-veterans, and as a result, sample size may have had an influence on these numbers.

The unemployment rate among veterans varied much more than it does among non-veterans. The rate among veterans varied from 0.6 percent to 43.4 percent For non-veterans, it ranges from 2.2 percent to in 34.4 percent The locations with high unemployment also varied significantly between veterans and non-veterans, with 12 locations across five counties having over 25 percent unemployment among veterans – rates that were only seen in Detroit and Highland Park among non-veterans.

A lower percentage of veterans were below poverty status, compared to non-veterans throughout Southeastern Michigan. For both veterans and non-veterans, Highland Park had the highest percentage of residents below the poverty line: 46.2 percent of non-veterans and 25.2 percent of veterans. Only two other municipalities had more than 21.5 percent of veterans living below the poverty line: Chelsea (37.9%) and Hazel Park (27.7%). Clyde Township (0.2%) had the lowest percentage of veterans living below the poverty line.

While there were only three municipalities with 21.5 percent or more of veterans living below the poverty line, there were nine municipalities throughout the region where 21.5 percent or more of the non-veteran population was living below the poverty line. Such municipalities included Ecorse, Detroit, Pontiac, Ypsilanti and Port Huron.

Overall we see that while veterans appeared to fare better than non-veterans in terms of income and poverty status, and in some cases employment.

Detroit’s unemployment decreases, Purchasing Manager’s and Commodity Price indexes remain steady

•For the month of April 2013, Detroit’s unemployment rate decreased while the number of employed remained steady.
•When looking at the auto-manufacturing employment, the data showed employment in this industry continued to increase since January 2013 for the Detroit Metropolitan Statistical Area.
•Purchasing Manager’s Index remained steady from March 2013 to April 2013 for Southeast Michigan (monthly);
•Commodity Price Index decreased from March 2013 to April 2013 for Southeast Michigan (monthly);
•The most recent Consumer Price Index changes for all and all items less food and energy showed no increase (bi-monthly) for the Detroit-Ann Arbor-Flint area;
•Building permits pulled increased for Wayne and Oakland counties from March 2013 to April 2013; they decreased for Macomb County (monthly).
econ1

According to the most recent data provided by the Michigan Department of Technology, Management and Budget, the March 2013 and April 2013 unemployment rates for the State of Michigan were 8.8 and 8.4 per 100 people, respectively. Since July 2012, the unemployment rates for the State of Michigan decreased. For the City of Detroit, the unemployment rate for March and April of this year were 17.5 and 16. While there have been fluctuations in the city’s unemployment rate, the unemployment rate in the City of Detroit was 15.8 in April 2012, just .2 lower than the April 2013 rate.

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Since February 2013, the unemployment rate in the City of Detroit decreased while the number of employed slightly increased.

In March 2013, there were 280,363 employed Detroit residents and in April 2013 it was reported there were 280,367 people employed.

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The above chart shows the number of people employed in the auto manufacturing industry in the Detroit Metropolitan Statistical Area from April 2012 to April 2013. Employment sharply increased in January 2013 and continued to increase through April 2013. In April 2013, 92,800 people were employed in both the auto manufacturing and auto parts manufacturing industries, which is 15,300 more than were employed in this sector in April 2012.

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The Purchasing Manger’s Index (PMI) is a composite index derived from five indicators of economic activity: new orders, production, employment, supplier deliveries, and inventories; a PMI above 50 means the economy is expanding. According to the most recent data released on Southeastern Michigan’s Purchasing Manager’s Index, the number decreased by .4 points from March 2013 to April 2013; in April it was recorded at 55.3. The PMI of 55.3 indicates the economy was expanding. The recorded number for April of this year, however, is 7.3 points below where it was in 2012.

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The Commodity Price Index, which is a weighted average of selected commodity prices for Southeast Michigan, fluctuated throughout 2012. For January and February 2013 the index appeared to be following the same pattern as 2012. However,  there was a decrease of 8.8 points from March 2013 to April 2013. From February 2013 to April 2013 there was a 16.7 point decrease.  When comparing the Commodity Price Index from April 2012 to April 2013 there was a 6.9 point decrease.

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The Consumer Price Index measures the change in prices. The prices which are measured are based on prices of “food, clothing, shelter, fuels, transportation fares, charges for doctors’ and dentists’ services, drugs, and the other goods and services that people buy for day-to-day living,” according to the Bureau of Labor Statistics.

The above graphs show the percent change in the price index measurements. This means although the graph appears to show a decrease from February there was no change since the percent change is 0.

The Consumer Price Index, which is reported every two months, did not change from February 2013 to April 2013 for the Detroit-Ann Arbor-Flint area. According to the Bureau of Labor Statistics this is mainly based on the fact that energy and food costs did not experience much increase within the past two months. From February to April there was a .1 decrease in the energy index and a .3 increase in the food index. The Consumer Price Index minus the prices of energy and food, shown in the second Consumer Price Index graph, also remained the same. This stability was based around the fact that the price for apparel and shelter rose while medical costs decreased, according to the BLS.

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The above charts show the number of residential building permits obtained each month in Oakland, Macomb, and Wayne counties from January 2012 until April 2013. These numbers are reported by local municipalities to the Southeastern Michigan Council of Governments and include single family, two family, attached condo, and multi-family units. Macomb County was the only one of the three counties that did not experience an increase in the number of permits obtained from March to April in either 2012 or 2013.  Oakland County had the largest increase in the number of building permits pulled from March to April of this year. For Oakland County, there was an increase in 82 permits pulled. In Wayne County, there was a 53 permit increase.

When comparing the number of permits pulled in April 2012 and April 2013, all three counties showed an increase over the previous year.

In the coming weeks Drawing Detroit will be posting a map showing where growth in the housing industry is taking place in Macomb, Oakland and Wayne counties; please check back for updates.

Detroit’s unemployment decreases, number of auto-manufacturing jobs remains steady

For the month of February, Detroit’s unemployment rate decreased while the number of employed began to increase. When looking at the auto-manufacturing field specifically, there was only a slight increase in the number of people employed from January to February.

•Unemployment and underemployment rates decrease, while the number of employed increases. The number of auto manufacturing and auto parts manufacturing employees remained steady from January 2013 to February (monthly);
•Purchasing manager’s index decreased from January 2013 to February 2013 (monthly);
•Commodity price index increased from January 2013 to February 2013s (monthly);
•The most recent consumer price index changes for all and all items less food and energy increased (bi-monthly);
•Building permits pulled decreased for Wayne, Oakland and Macomb counties from February to March. When comparing March of this year to March of 2012, the number of building permits pulled for each county is below what was pulled at this time last year (monthly).
econ1

According to the most recent data provided by the Michigan Department of Technology, Management and Budget, the February 2013 unemployment rate for the State of Michigan was 8.8 per 100 people, which is 0.1 below where it was from November of 2012 to January of 2013. For the City of Detroit, 18 percent of the population were unemployed in January 2013; the February rate is a decrease of 1.8 percent from the city’s percentage of unemployed in January.

econ2

The number of employed in the City of Detroit increased by 3,810 people from January to February of 2013.

econ3

The above chart shows the number of people employed in auto manufacturing industry in the Detroit Metropolitan Statistical Area throughout 2012 and into 2013. Employment peaked in February 2013 continued to increase from its January peak. With 90,700 people being employed in both the auto manufacturing and auto parts manufacturing industries this is 200 more people than January. This is also 12,400 more people employed in this sector of the job market than in February of 2012.

econ4

Although the underemployment rate in Michigan and the U.S declined for 2012, it is still about 5 percentage points above where it was in 2006, for both. Also, it should be noted that Michigan’s underemployment rate has consistently remained above that of the U.S.

According to the Bureau of Labor Statistics, this measure of worker underutilization includes the total unemployed, total of part-time employed for economic reasons, discouraged workers, and other marginally attached workers. This measure of the underemployment  does not consider this group of people as unemployed because they had not looked for work in the four weeks prior to the rate being calculated.

To learn more on underemployment read the following articles:

http://www.nytimes.com/2013/04/20/business/part-time-work-becomes-full-time-wait-for-better-job.html

http://www.nytimes.com/2013/04/22/opinion/krugman-the-jobless-trap.html?_r=0

econ5

According to the most recent data released on Southeastern Michigan’s Purchasing Manager’s Index, the number increased by 4 points from February 2013 to March 2013; in March it was recorded at 55.7. The recorded number for February of this year is 10.4 points below where it was in 2012. The Purchasing Manger’s Index (PMI) is a composite index derived from five indicators of economic activity: new orders, production, employment, supplier deliveries, and inventories; a PMI above 50 means the economy is expanding. The PMI of 55.7 means expansion continues and with the rise of 4 points in month it means that expansion was accelerated.

econ6

The Commodity Price Index, which is a weighted average of selected commodity prices for Southeast Michigan, fluctuated throughout 2012. For January and February of 2013 it appeared to be following the same trend as 2012. However, for the month of March there was a decrease from February; the decrease was by 10.4 points. Also, when comparing the Commodity Price Index from March 2012 to March 2013 there was a 6.7 point decrease.

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The above charts show the number of residential building permits obtained each month in Oakland, Macomb, and Wayne counties from February 2012 until the present. These numbers are reported by local municipalities to the Southeastern Michigan Council of Governments and include single family, two family, attached condo, and multi-family units. The information presented shows that the number of building permits obtained in Wayne, Oakland and Macomb counties this month decreased from February and is also below where they were in March of 2012. Macomb County had the largest difference in numbers reported in March of 2012 and March of 2013. For 2012, Macomb County reported that 172 building permits were pulled and in 2013 it has been reported that 72 permits were pulled.

According to the Southeastern Michigan Council of Governments data used for these charts, there have been zero building permits pulled in the City of Detroit in 2013 thus far.

Detroit’s unemployment rises as population shows sign of leveling off

Although it appears Detroit’s population is beginning to steady, the start of 2013 showed increased unemployment rates and zero growth for the number of building permits pulled.

•Since 2010 Detroit’s population has appeared to be steadying, only experiencing slight decline;
•For the tri-county area, the population’s in Macomb and Oakland counties have been increasing while Wayne County’s population has been historically declining.
•Unemployment rate increases, while the number of employed decreases. The number of auto manufacturing and auto parts manufacturing employees also increased from December 2012 to January 2013 though (monthly);
•Purchasing manager’s index decreased from January 2013 to February 2013 (monthly);
•Commodity price index increased from January 2013 to February 2013s (monthly);
•The most recent consumer price index changes for all and all items less food and energy increased (bi-monthly);
•Building permits increase for Oakland and Macomb counties in January and February 2013, compared to the same months in 2012. In Wayne County, the number of permits in the first two months of year declined, compared to last year from last year to this year (monthly) . No building permits were pulled for Detroit.
Econ1

Overall, the City of Detroit’s population has experienced a decline, going from about 1.5 million residents in 1970 to 677,891 in 2012. However, from 2010, when the U.S. Census Bureau released its most recent Census data, to 2012, the population has seemed to somewhat stabilize. From 2010 to 2012 there was a decline of 35,109 residents. This decline is based on 2010 Census data and compared with Southeastern Michigan Council of Governments data (2012). The biannual population estimates from SEMCOG are based on trends from area demographics.

Econ2

 

Since 1970, Oakland and Macomb counties have experienced population increases while Wayne County has experienced a population decline. From 2010 to 2012 Oakland County’s population increased from 1,203,012 to 1,216,207. In that same time frame Macomb County’s population increased from 841,126 in 2010 to 843,435. Wayne County had a population decline of  1,815,734 in 2010 to 1,787,920.

All information is based on Census data, except for the 2012 data. These numbers are Southeastern Michigan Council of Governments data; the biannual population estimates from SEMCOG are based on trends from area demographics.

Econ3

According to the most recent data provided by the Michigan Department of Technology, Management and Budget, the January 2013 unemployment rate for the State of Michigan was 8.9 per 100 people, which is the same as it was in November and December of last year. For the City of Detroit, 19.8 percent of the population were unemployed in January 2013; this is an increase 1.7 percent from the city’s percentage of unemployed in December 2012 .

Econ4

The number of employed in the City of Detroit decreased by 2,043 people from January to February of 2013. From October 2012 to January 2013 there was a loss of 5,407 employed people.

Econ5

The above chart shows the number of people employed in auto manufacturing industry in the Detroit Metropolitan Statistical Area throughout 2012 and into 2013. Employment peaked in January 2013, with 90,700 people being employed in both the auto manufacturing and auto parts manufacturing industries. This is 10,400 more people employed from the previous peak of 80,300 employees in March of 2012.

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According to the most recent data released on Southeastern Michigan’s Purchasing Manager’s Index, the number decreased by 3.6 points from January 2013 to February 2013; in February it was recorded at 51.7. The recorded number for February of this year is13.4 points below where it was in 2012.The Purchasing Manager’s Index (PMI) is a composite index derived from five indicators of economic activity: new orders, production, employment, supplier deliveries, and inventories; a PMI above 50 means the economy is expanding. The PMI of 51.7 means the economy continues to expand.

Econ7

The Commodity Price Index, which is a weighted average of selected commodity prices for Southeast Michigan, fluctuated throughout 2012 and, so far, is appearing to follow a similar trend in 2013. However, the Commodity Price Index has been reported at slightly higher levels for January and February of 2013 than it was in the same months for 2012.  From January 2013 to February 2013 the Commodity Price Index increased from 58.9 to 66.7. The score in February 2013 is .2 points above where the Commodity Price Index was in February of 2012.

Econ8

Econ9

The Consumer Price Index, which is reported every two months, increased 1.1 percent from December of 2012 to February of this year. From February of 2012 until last month the CPI increased .7 percent in the Detroit-Ann Arbor-Flint area. The Consumer Price Index measures the change in prices in a fixed market. The prices which are measured are based on prices of “food, clothing, shelter, fuels, transportation fares, charges for doctors’ and dentists’ services, drugs, and the other goods and services that people buy for day-to-day living,” according to the Bureau of Labor Statistics. Increased prices for energy (a 3.9 percent increase) and a .3 percent increase in the food index were noted for the change.

The Consumer Price Index, minus the prices of energy and food, shown in the second Consumer Price Index graph, increased .8 percent from December to February. This was because of pricing related to shelter recreation, and motor vehicles, according to the BLS.

Econ10Econ11

Econ12

The above charts show the number of residential building permits obtained each month in Oakland, Macomb, and Wayne counties from January 2012 until the present. These numbers are reported by local municipalities to the Southeastern Michigan Council of Governments and include single family, two family, attached condo, and multi-family units. The information presented shows that the number of building permits obtained in Oakland and Macomb counties this year, so far, are higher than those pulled in January and February of last year. While the Oakland County numbers are higher for 2013 than 2012 thus far, from January to February of 2013 there was  decline of permits pulled. In Oakland County, 222 have permits have been pulled in 2013, so far, and in Macomb County 284 have been pulled. In Wayne County, on the other hand, there has been a decrease in the number of building permits pulled for January and February of 2013 compared to them same months in 2012. In 2012 a total of 102 permits were pulled for both months and in 2013 there have been 107 pulled.

In 2013 thus far, Macomb County leads with the most number of building permits pulled.

According to the Southeastern Michigan Council of Governments data used for these charts, in January and February of 2013 zero building permits have been pulled in the City of Detroit.