Mia m i – F o r t Lau d e r d a l e – P o m pa n o B each
Annual Outlook for Miami-Fort Lauderdale-Pompano Beach (MD), FL December 2012 2007 2008 2009 2010
2011
2012
2013
2014
2015
2016
Personal Income (Billions $) Total Personal Income Pct Chg Year Ago Wages and Salaries Nonwage Income
238.3 4.1 114.3 124.0
242.9 2.0 113.0 129.9
222.8 -8.3 106.3 116.5
233.8 4.9 107.4 126.4
244.2 4.5 110.9 133.3
251.2 2.9 114.9 136.3
261.1 3.9 119.5 141.6
275.3 5.4 125.5 149.8
290.9 5.7 132.4 158.4
307.4 5.7 139.3 168.1
Real Personal Income (05$) Pct Chg Year Ago
225.9 1.4
223.0 -1.3
204.4 -8.3
210.4 2.9
214.6 2.0
217.0 1.1
223.0 2.7
231.6 3.9
240.8 4.0
250.0 3.8
Per Capita Income (Ths) Real Per Capita Income (05$)
43.9 41.6
44.5 40.8
40.4 37.1
41.8 37.6
43.0 37.8
43.5 37.6
44.5 38.0
46.2 38.9
48.1 39.8
50.1 40.8
Average Annual Wage (Ths) Pct Chg Year Ago
47.1 2.8
47.8 1.6
48.0 0.4
48.8 1.7
49.7 1.8
51.1 2.9
52.3 2.4
53.8 2.7
55.3 2.8
56.8 2.7
Establishment Employment (Place of Work, Thousands, SA) Total Employment Pct Chg Year Ago
2414.7 0.9
2350.8 -2.6
2202.5 -6.3
2185.2 -0.8
2218.9 1.5
2233.6 0.7
2268.3 1.6
2318.7 2.2
2380.7 2.7
2438.7 2.4
Manufacturing Pct Chg Year Ago
99.5 -2.0
93.4 -6.1
80.5 -13.8
76.0 -5.6
76.3 0.4
76.4 0.0
76.0 -0.5
77.0 1.3
78.0 1.3
78.7 0.9
Nonmanufacturing Pct Chg Year Ago
2315.2 1.1
2257.4 -2.5
2122.1 -6.0
2109.2 -0.6
2142.6 1.6
2157.2 0.7
2192.3 1.6
2241.7 2.3
2302.7 2.7
2360.0 2.5
Construction & Mining Pct Chg Year Ago
161.2 -2.0
135.0 -16.2
102.6 -24.1
88.7 -13.5
83.8 -5.5
79.5 -5.2
82.5 3.8
92.2 11.9
106.9 15.9
119.3 11.6
Trade, Trans, & Utilities Pct Chg Year Ago
549.6 1.1
540.6 -1.6
504.9 -6.6
504.2 -0.1
517.8 2.7
527.0 1.8
536.1 1.7
544.2 1.5
554.1 1.8
565.8 2.1
Wholesale Trade Retail Trade Trans, Wrhsng, & Util
147.6 306.1 95.8
144.4 300.9 95.3
134.6 281.1 89.1
131.8 283.9 88.4
133.4 293.7 90.7
133.0 302.0 92.1
135.6 306.9 94.0
138.9 308.0 97.7
142.6 310.2 101.8
145.7 314.6 105.6
Information Pct Chg Year Ago
51.2 -2.4
49.7 -2.9
44.9 -9.6
43.6 -3.0
43.7 0.2
43.1 -1.4
43.7 1.4
44.2 1.3
45.2 2.2
45.8 1.4
Financial Activities Pct Chg Year Ago
180.3 -1.2
169.7 -5.9
154.0 -9.2
151.1 -1.9
152.0 0.6
152.1 0.0
152.6 0.3
154.3 1.1
154.5 0.1
154.5 0.0
Prof & Business Services Pct Chg Year Ago
370.2 0.6
353.3 -4.6
325.5 -7.9
329.1 1.1
341.1 3.7
346.5 1.6
362.0 4.5
382.4 5.6
408.4 6.8
427.7 4.7
Educ & Health Services Pct Chg Year Ago
318.9 3.5
326.2 2.3
330.6 1.3
335.5 1.5
345.6 3.0
355.1 2.7
359.3 1.2
365.7 1.8
373.9 2.2
385.5 3.1
Leisure & Hospitality Pct Chg Year Ago
257.9 2.5
257.0 -0.4
247.5 -3.7
251.5 1.6
258.6 2.8
257.3 -0.5
262.1 1.9
264.5 0.9
264.6 0.1
264.1 -0.2
Other Services Pct Chg Year Ago
100.8 1.5
100.9 0.1
93.4 -7.4
93.0 -0.5
93.3 0.4
94.1 0.8
94.3 0.2
94.8 0.6
94.9 0.0
95.1 0.2
34.0 -0.3
33.8 -0.4
34.1 0.7
36.7 7.6
34.1 -7.0
33.6 -1.5
32.8 -2.3
31.9 -2.7
31.2 -2.1
30.8 -1.2
291.2 1.4
291.2 0.0
284.5 -2.3
276.0 -3.0
272.5 -1.3
268.9 -1.3
267.0 -0.7
267.4 0.2
269.0 0.6
271.3 0.9
Population (Ths) Pct Chg Year Ago
5429.3 0.0
5462.0 0.6
5516.5 1.0
5594.0 1.4
5681.4 1.6
5772.5 1.6
5862.1 1.6
5953.0 1.6
6045.0 1.5
6135.1 1.5
Labor Force (Ths) Pct Chg Year Ago
2877.0 4.7
2868.8 -0.3
2789.7 -2.8
2822.8 1.2
2875.6 1.9
2912.2 1.3
2943.1 1.1
2976.8 1.1
3011.0 1.1
3042.2 1.0
Federal Government Pct Chg Year Ago State & Local Government Pct Chg Year Ago
Other Economic Indicators
Unemployment Rate (%) Total Housing Starts Single-Family Multifamily
52
3.9
6.0
10.3
11.2
10.5
8.7
8.1
7.7
7.1
6.6
14682.5 7635.1 7047.0
7439.0 3535.0 3904.0
3462.3 2215.1 1247.0
5064.5 3267.7 1797.0
7280.1 4124.1 3156.0
11987.3 5804.1 6183.0
17738.7 9014.6 8724.0
26175.5 13549.9 12626.0
34817.4 19177.9 15639.0
40328.1 22477.1 17851.0
Florida & Metro Forecast - December 2012