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Iowa workforce development
Wholesale Trade 2015 Iowa industry profile
https://www.iowaworkforcedevelopment.gov/labor-market-information-division
Executive Summary
In 2014, the wholesale trade sector comprised 4.6 percent of all employment (including public and private sector) in Iowa, employing 69,057 workers and had an average annual wage of $58,814. This wage was 38.3 percent higher than the statewide average of $42,536 for all industries. Sector employment has recovered the jobs lost since the great recession. As of 2013 the sector employed 69,295. This was an increase of 3,236 or 4.9 percent from 2010 when employment reached an eight year low at 66,059 jobs. However, in 2014, employment began to decline again and dropped 0.3 percent to 69,057. Counties in the northern half of the state tend to have a higher percentage of employment in the wholesale sector due to grain elevators and ethanol production . Men hold a strong majority of the jobs in this sector. In 2013 men made up 75.2 percent of the wholesale trade sector.
Wholesale Trade
Iowa Industry Profile
https://www.iowaworkforcedevelopment.gov/labor-market-information-division
What is Wholesale Trade? The Wholesale Trade sector comprises establishments engaged in wholesaling merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. The merchandise described in this sector includes the outputs of agriculture, mining, manufacturing, and certain information industries, such as publishing. The wholesaling process is an intermediate step in the distribution of merchandise. Wholesalers are organized to sell or arrange the purchase or sale of (a) goods for resale (i.e., goods sold to other wholesalers or retailers), (b) capital or durable nonconsumer goods, and (c) raw and intermediate materials and supplies used in production.
2014 Industry Breakout by Employment in Iowa Wholesale Trade NAICS Industry Coding
*Percentage Employed by Sub-Sector
Source: www.census.gov/naics
Source: Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics
2006-2014 Employment in Wholesale Trade in Iowa
Source: Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics
67,767 67,976 68,971 66,734 66,059 66,916 68,710 69,295 69,057
$45,086
$47,369
$49,632
$49,772
$51,486
$53,967
$55,900
$57,064
$58,814
64,000
65,000
66,000
67,000
68,000
69,000
70,000
$40,000
$42,000
$44,000
$46,000
$48,000
$50,000
$52,000
$54,000
$56,000
$58,000
$60,000
2006 2007 2008 2009 2010 2011 2012 2013 2014
Employment
Average Annual Wage
69,057
$58,814
64,000
65,000
66,000
67,000
68,000
69,000
70,000
423-Merchant Wholesalers, Durable
Good
31,17745%
424-Merchant Wholesalers, Nondurable
29,73943%
425-Wholesale Electronic Markets,
Agen
8,14112%
AAW Wholesale Electronic Markets, Agents, & Brokers = $80,646
AAW Merchant Wholesalers,
Durable Goods
= $55,279
AAW Merchant Wholesalers, Nondurable
Goods= $56,543
AAW = Average
Annual Wage
Wholesale Trade
Iowa Industry Profile
https://www.iowaworkforcedevelopment.gov/labor-market-information-division
Source: Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics
2014 Covered Employment in Wholesale Trade by County
Sector Statewide:
Employment - 69,057
Average Annual Wage - $58,814
In 2014, there were 7,587 industry wholesale trade locations across Iowa. Durable good wholesalers have the most locations in Iowa with 2,672. Electronic market and agent broker wholesalers was a close second with 2,287 locations and lastly, Nondurable wholesalers had 2,628 establishments statewide respectively. The employers listed to the left are classified in the sub-sector that reflects their primary industry, although each company may be engaged in other economic activities.
Employers
Source: Infogroup USA
Examples of Major Wholesale Trade Industry Employers
Label Key: First line is the county name
followed by average employment and finally, average
wage.
Company Name Industry
CNH America Machinery, Equipment, & Supplies
Electrolux Home Products Electrical and Electronic Goods
Henniges Automotive Motor Vehicle & Motor Vehicle Parts &
Supplies
Hy-Vee Distribution Center Grocery and Related Products
Lennox Industries Hardware, Plumbing, & Heating Equipment &
Supplies
Quaker Oats Co Grocery and Related Products
Target Distribution Center Miscellaneous Durable Goods
Van Diest Supply Co Chemical & Allied Products
Viking Pump Inc. Machinery, Equipment, & Supplies
Walmart Distribution Center Miscellaneous Durable Goods
Average Annual Wage: Less than $42,120 $42,121 to $52,293
$52,294 to $61,241 Greater than $61,242
Wholesale Trade
Iowa Industry Profile
Iowa Workforce Development, Employment Statistics Bureau
1000 E Grand Ave Des Moines, IA 50319
800-532-1249 Fax: 515-281-8195
[email protected] www.iowaworkforcedevelopment.gov
Equal opportunity employer/program. Auxiliary aids and services are available
upon request to individuals with disabilities.
TTY 515-281-4748 1-800-831-1399
Contact Information
https://www.iowaworkforcedevelopment.gov/labor-market-information-division
Source: Bureau of Labor Statistics
2014 Average Annual Wage for Covered Employment in Utilities
State Comparisons by Private Ownership
Nebraska $57,085
Industry Distribution by Age and Gender 2013 Average Annual
Source: Local Employment Dynamics, Iowa Workforce Development and U.S. Census Bureau http://lehd.did.census.gov
North Dakota $68,087
United States Average: 71,043
Kansas $63,673
Iowa $58,767
Minnesota $77,012
South Dakota $55,013
Wisconsin $60,167
Illinois $76,126 Indiana
$60,285
Michigan $69,948
Ohio $64,714
Missouri $62,792
-
2,000
4,000
6,000
8,000
10,000
12,000
14,000
14-18 19-21 22-24 25-34 35-44 45-54 55-64 65-99
Em
plo
ym
en
t
Age Group
Male
Female
