Delaware Business & Employment Growth Since 2009

  • 3,955 more businesses
  • 44,763 more employees
  • 11.1% increase in total wages
  • $9,076 increase in annual wages per employee
  • 19.0% increase in wages per employee

Since 2009, the number of businesses in Delaware has grown by 13.6% (2.1% greater than the national average of 11.4%). Employment in Delaware has grown by 11.1% (2.5% less than the national average of 13.6%). Wages have grown by 18.9% since the end of the Great Recession. This wage growth is 6.8% less than the national average of 25.7%.
The average weekly wage in Delaware of $1,093 is 0.7% below the national average of $1,101. The gap between the national average has widened from 4.7% a widening of 5.4% since the end of the recession.

Sector Growth

Business Sector Growth

The Professional services sector has the most businesses in the state of Delaware. Since the end of the recession, the number of businesses has grown from 3,705 to 5,030, a gain of 35.8%. The table below illustrates the change in number of businesses in each sector.
Sector20182009Pct Chg
Professional services5,0303,70535.8%
Healthcare4,6452,011131.0%
Retail trade3,5423,615-2.0%
Construction2,8643,328-13.9%
Waste services2,6741,97835.2%
Wholesale trade2,4262,2687.0%
Accommodation and food services2,2051,89616.3%
Other services2,0512,093-2.0%
Finance and insurance1,8021,6787.4%
Company management1,2352,267-45.5%
Real estate and rental1,0511,0163.4%
Transport and warehousing8267944.0%
Manufacturing6596540.8%
Information43036916.5%
Arts and entertainment4254201.2%
Educational services39829037.2%
Agriculture and forestry17015013.3%
Utilities453050.0%
Mining and oil extraction62200.0%

The sector that has had the strongest growth [in number of businesses] is the Healthcare sector, which has increased by 131.0% since 2009. The sector that has has the largest decline is the Company management sector, which has declined by 45.5% since the recession.

Employment Sector Growth

The Healthcare sector has the most employees in the state of Delaware. Since the end of the recession, the number of employees has grown from 55,255 to 70,673, a gain of 27.9%. The table below illustrates the change in number of employees in each sector.
Sector20182009Pct Chg
Healthcare70,67355,25527.9%
Retail trade53,15449,6927.0%
Accommodation and food services42,55232,85729.5%
Finance and insurance42,01437,97010.7%
Waste services28,97721,24836.4%
Manufacturing27,07227,924-3.1%
Professional services26,97524,21011.4%
Construction22,17620,00610.8%
Transport and warehousing13,2618,93248.5%
Other services11,92713,189-9.6%
Wholesale trade10,74513,237-18.8%
Arts and entertainment9,1847,81317.5%
Company management7,6409,935-23.1%
Real estate and rental5,4075,904-8.4%
Educational services4,8904,20616.3%
Information4,0636,493-37.4%
Utilities2,1222,129-0.3%

The sector that has had the strongest employment growth [in number of employees] is the Healthcare sector, which has increased by 27.9% since 2009. The sector that has has the largest employment decline in number of employees is the Wholesale trade sector, which has declined by 18.8% since the recession.

Weekly Wage Growth By Sector

The Company management sector has the highest average weekly wage in the state of Delaware. Since the end of the recession, the average wage has grown from $1,698 to $2,940, a gain of 73.1%. The table below illustrates the change in weekly wage in each sector.
Sector20182009Pct Chg
Company management$2,940$1,6980.0%
Utilities$2,201$1,8150.0%
Professional services$1,946$1,5610.0%
Finance and insurance$1,944$1,4240.0%
Wholesale trade$1,429$1,3900.0%
Information$1,264$1,0690.0%
Manufacturing$1,234$1,1150.0%
Construction$1,150$9360.0%
Healthcare$1,044$9070.0%
Real estate and rental$1,005$7630.0%
Transport and warehousing$905$7570.0%
Educational services$888$7760.0%
Waste services$808$5970.0%
Other services$659$5250.0%
Retail trade$569$4940.0%
Arts and entertainment$455$4920.0%
Accommodation and food services$379$3220.0%

The sector that has had the strongest wage growth is the Company management sector, which has increased by 0.0% since 2009. The sector that has has the smallest wage growth is the Arts and entertainment sector, which has declined by 0.0% since the recession.


Industry Growth

Business Industry Growth

The Services for the elderly and disabled industry has the greatest number of businesses in the state of Delaware. Since the end of the recession, the number of businesses has grown from 49 to 2,363, a gain of 4,722.4%. The table below illustrates the change in the number of businesses in the top industries.

Industry20182009Pct Chg
Services for the elderly and disabled2,363490.0%
Computer systems design and related services1,8681,0970.0%
Management of companies and enterprises1,2352,2670.0%
Management consulting services8275880.0%
Residential building construction7028190.0%
Temporary help services6633480.0%

The top industry that has had the largest increase in the number of businesses is the Services for the elderly and disabled industry, which has increased by 0.0% since 2009. The top industry that has has the largest decline in the number of businesses is the Management of companies and enterprises industry, which has declined by 0.0% since the recession.

Employment Industry Growth

The Restaurants and other eating places industry has the greatest number of employees in the state of Delaware. This industry currently has 34,902 employees in it. There is no direct comparison back to the total at the end of the recession and is not included in the table below.

Industry20182009Pct Chg
General medical and surgical hospitals23,30618,7400.0%
Credit card issuing14,22213,7830.0%
Temporary help services9,4065,9140.0%
Animal slaughtering and processing8,5647,6790.0%
Offices of physicians7,6667,7660.0%
Management of companies and enterprises7,6409,9350.0%

The top industry that has had the largest increase in the number of employees is the General medical and surgical hospitals industry, which has increased by 0.0% since 2009. The top industry that has has the largest decline in the number of employees is the Management of companies and enterprises industry, which has declined by 0.0% since the recession.

Weekly Wage Growth By Industry

The Credit bureaus industry has the highest average weekly wage in the state of Delaware. Since the end of the recession, the average wage has grown from $1,909 to $3,566, a gain of 86.8%. The table below illustrates the change in weekly wage in each sector.
Industry20182009Pct Chg
Credit bureaus$3,566$1,9090.0%
Reinsurance carriers$3,343$9720.0%
Management of companies and enterprises$2,940$1,6980.0%
Offices of lawyers$2,806$1,9820.0%
Professional employer organizations$2,690$1,1860.0%
Investment banking and securities dealing$2,668$2,3350.0%

The top industry that has had the strongest wage growth is the Reinsurance carriers industry, which has increased by 0.0% since 2009. The top industry that has has the largest wage decline is the Investment banking and securities dealing industry, which has declined by 0.0% since the recession.


Company Size

Business Growth By Company Size

The biggest percentage change in the number of businesses has been in businesses with 250 to 499 employees. The number of businesses with this number of employees has grown from 76 to 100, which is an increase of 31.6%.

The smallest percentage change in the number of businesses has been in businesses with 500 to 999 employees. The number of businesses with this number of employees has grown from 33 to 27, which is an increase of -18.2%.

Table: Change in the number of Businesses by Size of Business, since the Recession:

Company SizeQ1 2018Q1 2010% Change
Fewer than 5 Employees21,27418,50715.0%
5-9 Employees4,0253,8624.2%
10-19 Employees2,9742,7836.9%
20-49 Employees2,0671,75617.7%
50-99 Employees73061518.7%
100-249 Employees41637112.1%
250-499 Employees1007631.6%
500-999 Employees2733-18.2%
More Than 1,000 Employees272317.4%


Employment Growth by Company Size

The biggest percentage change in the number of employees has been in businesses with 1,000 or more employees. The number of employees in companies this size has grown from 42,669 to 55,901, which is an increase of 31.0%.

The smallest percentage change in the number of employees has been in businesses with 500 to 999 employees. The number of employees with this number of employees has grown from 22,518 to 18,703, which is an increase of -16.9%.

Table: Change in the number of Employees by Size of Business, since the Recession:

Company SizeQ1 2018Q1 2010% Change
Fewer than 5 Employees26,81822,93416.9%
5-9 Employees26,20825,0474.6%
10-19 Employees39,63037,3246.2%
20-49 Employees61,50652,00818.3%
50-99 Employees48,98740,85319.9%
100-249 Employees62,18655,44312.2%
250-499 Employees34,18326,52628.9%
500-999 Employees18,70322,518-16.9%
More Than 1,000 Employees55,90142,66931.0%


Weekly Wage Growth by Company Size

The biggest percentage change in the average weekly wage has been in businesses with 500 to 999 employees. The average weekly wage in companies this size has grown from $1,423 to $2,477, which is an increase of 74.1%.

The smallest percentage change in the average weekly wage has been in businesses with 1,000 or more employees. The average weekly wage in companies this size has grown from $1,808 to $1,639, which is an increase of -9.3%.

Table: Change Average Weekly Wage by Size Since the Recession:

Company SizeQ1 2018Q1 2010% Change
Fewer than 5 Employees$1,121$83234.7%
5-9 Employees$915$72326.6%
10-19 Employees$905$71626.4%
20-49 Employees$895$79712.3%
50-99 Employees$1,014$74835.6%
100-249 Employees$1,153$93723.1%
250-499 Employees$1,461$92358.3%
500-999 Employees$2,477$1,42374.1%
More Than 1,000 Employees$1,639$1,808-9.3%



Data Sources




About the Writer

This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.