A vibrant economy is the foundation of a thriving community.
In this section, we highlight trends for 4 indicators: 1) job growth or loss; 2) major employment sectors; 3) spending by county government; and 4) tourism revenue.
In all cases, comparisons to state statistics reflect the state excluding New York City.
Despite a small decline in jobs over the past few years, job growth has been strong through the decade. Most major employment sectors have experienced job growth, with the strongest growth in educational services, natural resources and mining, and leisure and hospitality. County government spending in Dutchess has been rising faster than in the state. Tourism revenues have slipped since 2005.
Job growth increased until 2007 before declining in subsequent years, similar to state and national trends.
Between 2000 and 2014, the number of jobs in Dutchess increased by 4%, below the state (7%), nation and region (both 12%). From 2013 to 2014, Dutchess experienced a decrease of 0.5%, this is compared to an increase in Ulster and the nation (both 1.9%), and increases in Orange County (2.5%) and the region (1.3%).
Four of the six largest employment sectors in the county added more jobs between 2001 and 2014.
Industries with largest gains between 2001 and 2014 include Education Services (44%), Financial Activities (33%), and Leisure and Hospitality (35%). Sectors with losses include Information (-21%) and Trade, Transportation, and Utilities (-14%).
Spending by county government continued to increase in 2014
County government spending per capita in Dutchess was $1,530 in 2014, compared to $2,150 for the state. From 2000 to 2014, spending in Dutchess grew at a slower rate (7%) than the state (9%). In 2014, Dutchess had the lowest spending, below Ulster ($1,790) and Orange ($2,140).
Tourism revenue in Dutchess County has risen slowly between 2009 and 2014.
Revenue from tourism was slightly lower in Dutchess County at $1,700 per resident in 2014, compared to $1,890 in the state. Tourism revenue was much greater in Ulster County at $2,800 and lower in Orange County at $1,200. Tourism spending in Dutchess has decreased 7% since 2005 as the overall economy faltered.