Ga i n e s v i l l e
Quarterly Outlook for Gainesville, FL
July 2012 Forecast
2012Q2 2012Q3 2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4
Personal Income (Billions $)
Total Personal Income Pct Chg Year Ago Wages and Salaries Nonwage Income
9.7 1.9 5.5 4.2
9.8 2.7 5.5 4.3
9.9 4 5.6 4.3
10 3.8 5.6 4.3
10 3.7 5.7 4.4
10.1 3.4 5.7 4.4
10.2 3.3 5.8 4.4
10.4 4 5.8 4.5
10.5 4.1 5.9 4.6
10.6 4.2 5.9 4.6
10.7 4.4 6 4.7
10.8 4.4 6.1 4.7
11 4.8 6.1 4.8
11.1 5.1 6.2 4.9
11.2 5.3 6.3 4.9
Real Personal Income (05$) Pct Chg Year Ago
8.4 0.4
8.5 1.7
8.5 3
8.6 3.2
8.6 3
8.7 2.3
8.7 2
8.8 2.3
8.8 2.1
8.9 2.2
8.9 2.4
9 2.5
9.1 2.9
9.2 3.3
9.2 3.5
Per Capita Income (Ths) Real Per Capita Income (05$)
36.1 31.3
36.4 31.5
36.7 31.7
36.9 31.8
37.1 31.9
37.3 31.9
37.5 32
38 32.2
38.2 32.2
38.4 32.3
38.8 32.4
39.2 32.6
39.5 32.8
39.9 32.9
40.3 33.2
Average Annual Wage (Ths) Pct Chg Year Ago
43.5 3.4
43.8 2.7
44.2 2.6
44.4 2.7
44.7 2.7
45 2.6
45.3 2.5
45.6 2.7
46 2.8
46.3 2.9
46.7 3
47 3
47.4 3.1
47.7 3.1
48.1 3
Establishment Employment (Place of Work, Thousands, SA) Total Employment Pct Chg Year Ago
124.8 -1.3
125.1 -0.7
125.5 0.6
125.9 0.9
126.2 1.1
126.5 1.1
126.8 1
127.2 1
127.5 1
127.8 1
128.3 1.2
128.7 1.2
129.2 1.4
129.7 1.5
130.3 1.6
Manufacturing Pct Chg Year Ago
4.4 0.2
4.4 0.5
4.5 -0.1
4.5 1.8
4.5 2.9
4.6 3.2
4.6 3.7
4.7 3.9
4.7 3.2
4.7 3
4.7 2.8
4.8 2.4
4.8 2.2
4.8 1.8
4.8 1.5
Nonmanufacturing Pct Chg Year Ago
120.4 -1.3
120.7 -0.7
121.1 0.6
121.4 0.9
121.7 1
121.9 1
122.2 0.9
122.5 0.9
122.8 0.9
123.1 1
123.5 1.1
124 1.2
124.4 1.3
124.9 1.5
125.5 1.6
Construction & Mining Pct Chg Year Ago
3.6 -6.3
3.6 -3.4
3.6 -3.5
3.6 -0.6
3.7 1.3
3.7 3
3.8 5.2
3.9 7.1
4 8.7
4.1 9.9
4.2 11.2
4.4 12.1
4.5 13
4.6 13.7
4.8 13.4
Trade, Trans, & Utilities Pct Chg Year Ago
17.9 -0.8
18 -1
18 0.9
18.1 1.3
18.1 1.5
18.2 1.4
18.3 1.2
18.3 1
18.3 0.8
18.3 0.7
18.4 0.8
18.5 0.9
18.5 1.2
18.6 1.4
18.7 1.6
Wholesale Trade Retail Trade Trans, Wrhsng, & Util
2.4 13.3 2.2
2.4 13.3 2.2
2.4 13.4 2.2
2.4 13.4 2.2
2.5 13.4 2.2
2.5 13.4 2.3
2.5 13.4 2.3
2.5 13.3 2.3
2.5 13.3 2.3
2.5 13.3 2.3
2.5 13.3 2.3
2.6 13.3 2.4
2.6 13.3 2.4
2.6 13.4 2.4
2.6 13.4 2.4
Information Pct Chg Year Ago
1.4 -6.4
1.4 -0.7
1.4 0.2
1.4 1.7
1.5 3.5
1.5 4
1.5 3.5
1.5 3.1
1.5 1.5
1.5 0.8
1.5 1
1.5 1.8
1.5 2.6
1.5 3.2
1.5 3.3
Financial Activities Pct Chg Year Ago
5.8 -0.1
5.9 0.8
5.9 1.1
5.9 2.1
5.9 1.7
6 1.5
6 1.1
5.9 0.3
5.9 0.1
6 0
6 -0.1
5.9 -0.1
5.9 0
6 0.2
6 0.2
Prof & Business Services Pct Chg Year Ago
10.6 -2.2
10.6 -0.1
10.8 3.4
11 4.3
11.1 5
11.2 5
11.3 4.4
11.4 3.7
11.5 4.1
11.7 4.9
11.9 5.5
12.1 6
12.2 6.1
12.4 6
12.6 6
Educ & Health Services Pct Chg Year Ago
22.1 -1
22.2 -0.6
22.3 0.8
22.3 1.2
22.4 1.2
22.4 0.9
22.4 0.7
22.6 1.3
22.7 1.3
22.7 1.3
22.8 1.5
22.8 1
22.9 1
22.9 1.1
23 1
Leisure & Hospitality Pct Chg Year Ago
12.8 -1.9
12.9 0.3
13 3.5
13 2.4
13.1 1.9
13.1 1.3
13.1 0.9
13.1 0.6
13.1 0
13 -0.4
13 -0.9
13 -1
12.9 -0.9
12.9 -0.7
12.9 -0.6
4.3 -2
4.4 -0.5
4.4 1.5
4.4 2
4.4 1.7
4.4 1.5
4.4 1.2
4.4 0.8
4.4 0.7
4.4 0.5
4.4 0.1
4.4 -0.1
4.4 -0.2
4.4 -0.2
4.4 0.1
Federal Government Pct Chg Year Ago
4.2 -4.9
4.2 -4.9
4.2 -6.3
4.1 -3.8
4.1 -2.8
4.1 -3
4 -3.1
4 -3
4 -2.9
4 -2.7
3.9 -2.6
3.9 -2.4
3.9 -2.1
3.9 -1.8
3.9 -1.5
State & Local Government Pct Chg Year Ago
37.7 -0.3
37.5 -0.7
37.5 -0.4
37.5 -0.6
37.4 -0.6
37.4 -0.3
37.4 -0.2
37.4 -0.1
37.4 0
37.4 0
37.5 0.1
37.5 0.3
37.6 0.4
37.6 0.5
37.7 0.5
Other Services Pct Chg Year Ago
Other Economic Indicators
Gross Metro Product (05$ Mil)
8577.6
8610.4
8655.7
8688.5
8722.1
8749.8
8784.7
8826
8874.4
8930.4
8997.4
9059.7
9124.5
9191.3
9258.2
Population (Ths) Pct Chg Year Ago
268.3 0.7
268.9 0.8
269.6 0.8
270.2 0.9
270.9 1
271.6 1
272.3 1
273.1 1.1
273.8 1.1
274.6 1.1
275.4 1.1
276.2 1.1
277 1.2
277.8 1.1
278.5 1.1
Labor Force (Ths) Percent Change, Year Ago
138.3 -0.1
138.9 0.4
139.6 1.4
140 1.4
140.6 1.7
141.1 1.6
141.6 1.4
142 1.4
142.4 1.3
143 1.3
143.1 1.1
143.2 0.9
143.4 0.7
143.7 0.5
143.7 0.4
Unemployment Rate (%)
6.6
6.6
6.5
6.5
6.5
6.5
6.6
6.6
6.5
6.4
6.3
6.2
6.1
6
5.9
Total Housing Starts Single-Family Multifamily
535 363 172
573 380 193
635 386 248
688 406 281
751 452 300
800 488 312
837 520 317
891 544 347
981 604 377
1073 667 406
1163 726 438
1252 783 469
1334 844 490
1403 892 511
1451 918 533
Institute for Economic Competitiveness
49