According to New Geography, Kern’s Bakersfield MSA ranks 5th amongst midsize cities. The goal of the study was to capture a snapshot of the present and prospective employment outlook in each MSA, and allow the business community to have a better sense of the employment climate in each.
Five measures of growth were used to rank MSAs over the past decade. “Large” areas include those with a current nonfarm employment base of at least 450,000 jobs. “Midsize” areas range from 150,000 to 450,000 jobs. “Small” areas have as many as 150,000 jobs.
The index was calculated from a normalized, weighted summary of: 1) recent growth trend: the current and prior year’s employment growth rates, with the current year emphasized (two points); 2) mid-term growth: the average annual 2009-2014 growth rate (two points); 3) long-term momentum: the sum of the 2009-2014 and 2003-2008 employment growth rates multiplied by the ratio of the 2003-2008 growth rate over the 2009-2014 growth rate (one point); 4) current year growth (one point); and 5) the average of each year’s growth rate, normalized annually, for the last 10 years (two points).
Top 20 Ranking for Midsize Manufacturing
|Rank||Area||2014 Mfg Employment (1000s)||Total Mfg Employment Growth Rate 2013-2014||Total Mfg Employment Cum Growth '09-2014|
|3||Baton Rouge, LA||29.5||0.045||0.202|
|4||Cape Coral-Fort Myers, FL||5.1||0.048||0.203|
|10||Charleston-North Charleston, SC||25.1||0.037||0.214|
|11||Lansing-East Lansing, MI||19.7||0.015||0.201|
|13||Deltona-Daytona Beach-Ormond Beach, FL||10.3||0.007||0.221|
|17||North Port-Sarasota-Bradenton, FL||15.6||0.031||0.191|
|19||Pensacola-Ferry Pass-Brent, FL||6.1||0.034||0.145|
|20||Beaumont-Port Arthur, TX||22.4||0.037||0.165|