Florida & Metro Economic Forecast March 2018

Page 38

G aines v ille

Annual Outlook for Gainesville, FL March 2018 Personal Income (Billions $) Total Personal Income Pct Chg Year Ago Wages and Salaries Nonwage Income Real Personal Income (09$) Pct Chg Year Ago Per Capita Income (Ths) Real Per Capita Income (09$) Average Annual Wage (Ths) Pct Chg Year Ago

2013

2014

2015

2016

2017

2018

2019

2020

2021

9.8 1.1 5.6 4.3 9.2 -0.2 36.4 34.2 43.1 2.2

10.4 6.1 5.8 4.6 9.7 4.5 38.2 35.4 44.3 2.9

11.0 5.2 6.1 4.9 10.1 4.9 39.7 36.6 45.2 2.0

11.5 4.6 6.5 5.0 10.5 3.5 40.9 37.3 46.2 2.3

11.9 3.9 6.8 5.2 10.7 2.3 42.0 37.7 46.9 1.3

12.5 4.9 7.1 5.4 11.1 3.3 43.6 38.6 48.5 3.5

13.4 6.7 7.5 5.9 11.6 4.6 46.2 40.1 50.5 4.1

14.2 6.3 7.9 6.4 12.1 4.1 48.8 41.4 52.5 4.1

15.0 5.6 8.3 6.7 12.5 3.3 51.3 42.6 54.9 4.4

134.9 2.9 4.5 5.1 130.4 2.8 4.7 7.9 19.4 3.3 2.8 13.8 2.8 1.5 4.5 6.4 2.0 12.9 4.8 24.2 1.8 14.6 5.3 4.5 5.9 4.6 2.4 37.6 0.7

139.3 3.2 4.7 5.6 134.6 3.2 5.1 7.4 20.3 4.5 2.8 14.3 3.2 1.5 -1.6 6.5 1.4 13.8 6.8 24.8 2.4 15.2 4.1 4.6 1.9 4.7 2.0 38.2 1.6

143.6 3.1 4.8 1.3 138.9 3.2 5.5 7.1 21.4 5.3 3.0 15.0 3.4 1.5 0.8 6.7 3.2 14.6 5.5 25.6 3.3 15.5 1.9 4.8 4.4 4.7 0.9 38.7 1.4

146.1 1.7 4.8 0.3 141.3 1.8 5.7 4.7 21.4 0.1 3.0 14.7 3.4 1.5 -2.7 6.9 3.7 15.3 5.4 25.8 1.0 16.1 4.0 4.9 3.5 4.7 -1.3 38.9 0.5

147.7 1.1 4.9 1.4 142.8 1.1 6.0 5.8 21.3 -0.3 3.1 14.5 3.5 1.5 0.7 7.1 2.1 16.4 6.9 25.9 0.1 16.0 -0.7 5.0 0.6 4.5 -2.5 39.1 0.5

148.9 0.9 5.0 2.2 144.0 0.8 6.3 3.9 21.2 -0.6 3.1 14.4 3.4 1.5 1.4 7.2 1.3 16.8 2.3 26.1 1.0 16.0 0.1 5.0 0.2 4.6 1.6 39.3 0.5

150.1 0.8 5.0 0.6 145.1 0.8 6.5 3.0 21.1 -0.3 3.1 14.4 3.4 1.5 1.8 7.3 1.3 17.2 2.6 26.4 1.0 16.1 0.7 5.0 0.0 4.4 -3.7 39.6 0.6

277.1 1.4 135.9 -0.2 4.6 1075.7 644.5 431.0

281.1 1.4 139.0 2.3 4.3 1071.7 641.0 431.0

284.5 1.2 143.5 3.3 3.8 942.7 550.7 392.0

287.1 0.9 145.8 1.6 3.8 1304.6 742.9 562.0

289.3 0.7 148.7 2.0 3.6 1391.6 798.4 593.0

291.2 0.7 151.5 1.9 3.6 1464.0 830.4 634.0

292.9 0.6 153.2 1.1 3.6 1545.7 866.1 680.0

Establishment Employment (Place of Work, Thousands, SA) Total Employment 128.9 131.1 Pct Chg Year Ago 0.7 1.7 Manufacturing 4.4 4.3 Pct Chg Year Ago 0.2 -3.5 Nonmanufacturing 124.5 126.9 Pct Chg Year Ago 0.7 1.9 Construction & Mining 4.4 4.4 Pct Chg Year Ago 2.6 0.6 Trade, Trans, & Utilities 18.3 18.8 Pct Chg Year Ago 0.9 2.6 Wholesale Trade 2.7 2.8 Retail Trade 13.2 13.4 Trans, Wrhsng, & Util 2.5 2.6 Information 1.5 1.5 Pct Chg Year Ago 1.2 0.5 Financial Activities 6.2 6.3 Pct Chg Year Ago -2.0 0.8 Prof & Business Services 11.4 12.3 Pct Chg Year Ago 1.3 8.2 Educ & Health Services 23.1 23.7 Pct Chg Year Ago 1.1 2.7 Leisure & Hospitality 13.8 13.8 Pct Chg Year Ago 2.9 0.3 Other Services 4.1 4.2 Pct Chg Year Ago 0.4 3.7 Federal Government 4.4 4.5 Pct Chg Year Ago 0.8 1.6 State & Local Government 37.4 37.4 Pct Chg Year Ago -0.3 0.0 Other Economic Indicators Population (Ths) Pct Chg Year Ago Labor Force (Ths) Pct Chg Year Ago Unemployment Rate (%) Total Housing Starts Single-Family Multifamily

38

270.1 0.6 136.1 -0.5 5.8 758.3 548.4 210.0

Florida & Metro Forecast / March 2018

273.3 1.2 136.1 0.1 5.3 744.6 525.7 219.0


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.