AQUA BOOK 2014 - Page 16

Brooks County The government is the largest economic sector in Brooks county, accounting for over 30 percent of all local jobs. Its local Independent School District is the largest employer within the county. Like the rest of the Coastal Bend, the majority of the local workforce is engaged in providing services as opposed to manufacturing goods. The major private industries in the county are retail trade and health care, followed by accommodation and food services, and mining. The mining sector employs over 10 percent of the local workforce, but fewer than 10 individuals work in oil and gas extraction. Employment Growth 2012-13 by Industry Government Other Services (except Public Admin) Accommodation & Food Services Arts & Recreation Health Care & Social Assistance Educational Services (Private) Administrative & Support Management of Businesses Professional & Scientific Services Real Estate & Rental Finance & Insurance Information Transportation & Warehousing Retail Trade Wholesale Trade Manufacturing Construction Utilities Mining Agriculture Brooks county’s job growth has retreated from the 2012 peak. With a relatively small workforce, a reduction or addition of a few jobs in one particular industry generates a significant percentage change in employment of that -8% -6% -4% -2% industry. The 6 percent reduction in arts and recreation employment, the largest 0% 2% 4% 6% 8% percentage decline, was associated with only one job cut in that industry. Home Starts Sales 40% 7 30% 6 25 20% 5 20 10% 4 15 0% 3 10 -10% 2 5 -20% 1 -30% 0 35 Volume, $mil (left scale) Y-o-Y % Change (right scale) 30 0 2008 2009 2010 2011 2012 Business activity in Brooks county has been relatively stable, except for the downfall during the depths of the economic downturn in 2009. For the past 14 | 2013 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 three years, the volume of business sales remained around $25 million per month. The housing market is also relatively steady. During the most recent housing Annual Review of the South Texas Economy – 2014 Edition boom, six new homes were built each year. During the past three years, no new homes were built.