Grand Traverse Area
ECONOMY...
EMPLOYMENTS & EARNINGS
BY INDUSTRY		 EMPLOYMENT EARNINGS
COMPONENTS BY TYPE 1993 1996 1993 1996
Wage and Salary 40,451 45,641 876,042 1,084,912
Proprietors 8,466 10,768 127,094 138,838
Farm 453 450 (1,905) (1,733)
Non-Farm 8,013 10,318 128,999 140,571
COMPONENTS BY INDUSTRY  
Farm 590 584 1,000 1,541
Non-Farm 48,327 55,825 1,107,130 1,340,567
Private 43,366 50,592 960,649 1,176,701
Arg./For./Fish 432 546 5,360 7,919
Mining 829 886 23,491 24,827
Construction 3,404 3,916 86,062 108,845
Manufacturing 5,594 6,230 166,252 196,349
Durable   112,535 131,961
Transportation/Utilities 1,500 1,701 51,194 61,464
Wholesale Trade 1,627 1,828 45,328 57,893
Retail Trade 10,669 12,239 142,894 180,161
Fin./Ins./Real Estate 3,022 4,381 60,823 81,253
Service 16,289 18,865 379,245 457,990
Government 4,961 5,233 146,481 163,866
Federal 355 429 15,281 19,325
Military 336 307 4,996 5,889
State and Local 4,270 4,497 126,204 138,652
Source: Bureau of Economic Analysis, U.S. Department of Commerce
EARNING LEVELS/LABOR RATES AVERAGE HOURLY RATES
CLASSIFICATION MINIMUM* MAXIMUM
Applications Software Specialist 8.00 14.00
Assembler - Light 4.25 7.50
Drafter (CAD) 7.25 12.00
Electrician - Industrial 7.00 12.25
Electronic Technician 7.00 11.25
Forklift Operator 5.00 8.50
General Office Clerk 4.25 8.00
General Laborer 4.75 8.00
Injection Molding Machinist 4.50 8.25
Machine Operator 5.25 9.00
Machinist 6.75 10.25
Mechanical Engineer 10.50 17.00
Production Manager/Supervisor 8.75 14.00
Quality Control Technician 6.00 12.00
Sales - Non-Technical 6.00 12.50
Secretary 5.00 9.25
Tool and Die Maker 7.50 13.25
Word Processor/Typist 4.75 8.75
Source: 1996 Survey of the Michigan Employment Security Commission
*This survey was done in 1996, before the hourly minimum wage was increased to $5.15 in September 1997.
PER CAPITA INCOME
YEAR COUNTY STATE NATIONAL
1993 20,421 21,069 21,368
1996 23,519 24,588 24,436
Source: U.S. Department of Commerce and U.S. Bureau of the Census
PRINCIPLE MANUFACTURING EMPLOYERS
SIC FIRM LOCATION EMPLOY PRODUCT
3714 United Technologies Automotive Traverse City 800 Electromechanical devices/auto
2053 Sara Lee Bakery Co Traverse City 700 Frozen pies & desserts
2033 Cherry Growers Inc Grawn 700 Canned & frozen fruits & juice
3566 Cone Drive Operations Inc Traverse City 320 Speed reducers & gear sets
1442 Elmer's Crane & Dozer Inc Traverse City 225 Sand, gravel, concrete, asphalt
3089 Grand Traverse Plastics Inc Williamsburg 200 Plastic prdts & cust inj molds
3545 Century Specialties Inc Traverse City 200 Specialized tooling
3714 Carpenter Enterprises Ltd Traverse City 170 Precision machining, auto
3469 Tower Automotive Inc Traverse City 150 Metal stampings
3714 Nish-Nah-Bee Industries Traverse City 130 Auto elec wiring harn, hoses es
3643 United Technologies Automotive Traverse City 130 Electrical terminal stampings
3465 Tower Automotive Inc Traverse City 110 Metal stampings & assemblies
3465 Tower Automotive Inc Traverse City 102 Automotive stampings
2711 Herald & Record Publishing Co Traverse City 100 Newspaper publ,l offset printing
3465 Tower Automotive Inc Traverse City 100 Automotive stampings
2395 Ensign Ltd Traverse City 100 Embroidered emblems
3496 Alcotec Wire Co Traverse City 95 Alum & stainless weld & wire
2951 Walton Contracting Co Grawn 80 Asphalt
2099 Peninsula Fruit Exchange Inc Traverse City 80 Cherry processing
3398 Century Sun Metal Treating Inc Traverse City 75 Commercial heat treating
Source: Harris Publishing Company, 1998 Industrial Directory
OTHER MAJOR EMPLOYERS

SIC

 FIRM LOCATION EMPLOYEES PRODUCT
8062 Munson Medical Center Traverse City 2,700 Health care
8211 Traverse City Public Schools Traverse City 1,826 School/education
7011 Grand Traverse Resort Traverse City *900/650 Hotel/tourism
8222 North-western Michigan College Traverse City 608 Education
5311 Meijer Inc. Traverse City 550 Department stores
7011 Grand Personality Inc. Acme 500 Hotels and motels
5411 Tom's Food Markets Traverse City *500/450 Grocer - Retail
8062 Traverse Community Hospital Traverse City 407 Health care
3469 Tower Automotive Traverse City 400 Metal Stamping
8211 Traverse Bay Inter-mediate School District Traverse City 350 Education
8299 Interlochen Center For The Arts Interlochen *1,100/325 Arts education
9111 County of Grand Traverse Traverse City 260 Executive offices
8051 Grand Traverse Medical Care Facility Traverse City 225 Health care
5812 Aramark Services Inc. Traverse City 200 Eating places
4151 Traverse City Area Schools Trans. Traverse City 200 Bus service facility
4800 Ameritech Traverse City 190 Telephone
(* = Seasonal Employment)
Source: Local County Economic Development Contact
INDUSTRIAL AND COMMERCIAL SERVICES
TYPES OF SERVICES ESTABLISHMENTS
Retail Trade 778
General building contractors 72
Commercial printing 15
Trucking and courier services, except air 25
Wholesale trade - durable goods 134
Advertising 10
Personnel supply services 18
Computer and data processing services 17
Legal services 68
Engineering and architectural services 44
Accounting, auditing, and bookkeeping 59
Research and testing services 3
Management and public relations 43
Source: U.S. Department of Commerce and Bureau of the Census, County Business Patterns Issued November 1997
FINANCIAL INSTITUTIONS
BANK OR SAVINGS AND LOANS BRANCHES IN COUNTY TOTAL DEPOSITS ($000)
Old Kent Financial Corp. 8 275,529
Empire Banc Corporation 5 193,569
NBD Bancorp, Inc. 6 114,342
First of America Bank Corp. 3 73,144
Northwestern SB&T 3 41,991
Republic Bancorp, Inc. 1 18,969
Superior Financial Corp. 1 18,259
Source: Sheshunoff Branch

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