Market definition | Moderately concentrated | Highly concentrated |
---|---|---|
Nation, subsector |
2.4 | 0.5 |
Nation, industry group |
0.7 | 2.3 |
Nation, industry |
3.4 | 2.5 |
State, subsector |
3.1 | 3.8 |
State, industry group |
4.9 | 7.5 |
State, industry |
7.3 | 12.8 |
MSA, subsector |
7.3 | 10.4 |
MSA, industry group |
8.6 | 17.8 |
MSA, industry |
10.7 | 25.8 |
County, subsector |
9.5 | 18.4 |
County, industry group |
11.6 | 28.4 |
County, industry |
12.7 | 39.0 |
Note: HHI = Herfindahl-Hirschman Index. MSA = metropolitan statistical area. Markets are categorized by their total annual wage HHI as follows: HHI < 1,500: "unconcentrated"; 1,500 <= HHI <= 2,500: "moderately concentrated"; HHI > 2,500: "highly concentrated." |