Ta l l a h a s s e e
Quarterly Outlook for Tallahassee, FL
April 2012
2012Q2 2012Q3 2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4
Personal Income (Billions $)
Total Personal Income Pct Chg Year Ago Wages and Salaries Nonwage Income
13 2 7.2 5.8
13.1 3.6 7.2 5.9
13.2 3.5 7.3 5.9
13.3 3.5 7.4 6
13.4 3.4 7.4 6
13.5 3.3 7.5 6.1
13.7 3.4 7.6 6.1
13.9 4.1 7.7 6.2
14 4.4 7.7 6.3
14.2 4.6 7.8 6.3
14.3 4.6 7.9 6.4
14.5 4.4 8 6.5
14.6 4.3 8.1 6.5
14.8 4.3 8.2 6.6
14.9 4.4 8.3 6.7
Real Personal Income (05$) Pct Chg Year Ago
11.3 0.7
11.3 2.4
11.4 2.1
11.4 2
11.5 1.9
11.5 1.9
11.6 2
11.7 2.6
11.8 2.6
11.9 2.9
11.9 2.9
12 2.7
12.1 2.7
12.2 2.6
12.3 2.7
Per Capita Income (Ths.) Real Per Capita Income (05$)
34.5 30
34.7 30
34.9 30.1
35.1 30.1
35.3 30.2
35.5 30.2
35.7 30.3
36.1 30.5
36.3 30.6
36.6 30.7
36.8 30.8
37.2 30.9
37.4 31
37.6 31
37.9 31.1
Average Annual Wage (Ths) Pct Chg Year Ago
42 2.2
42.3 2.7
42.6 2.6
42.8 2.8
43.1 2.8
43.4 2.7
43.7 2.8
44.1 2.8
44.4 3
44.8 3.1
45.1 3.1
45.4 3.1
45.8 3.1
46.2 3.1
46.5 3.1
Establishment Employment (Place of Work, Thousands, SA)
Total Employment Pct Chg Year Ago
169.5 -0.4
169.7 0.7
170.3 0.5
170.7 0.8
171.2 1
171.7 1.2
172.3 1.2
172.9 1.3
173.5 1.4
174 1.4
174.7 1.4
175.4 1.4
176.1 1.5
176.8 1.6
177.5 1.6
Manufacturing Pct Chg Year Ago
3.8 0.8
3.8 3.3
3.8 2.9
3.8 2.7
3.9 2.7
3.9 2.8
3.9 2.5
3.9 2.4
4 2.1
4 2.3
4 2.4
4 2.2
4 2.1
4.1 1.8
4.1 1.6
Nonmanufacturing Pct Chg Year Ago
165.8 -0.4
165.9 0.7
166.5 0.4
166.9 0.8
167.3 0.9
167.8 1.1
168.4 1.2
169 1.3
169.6 1.3
170.1 1.3
170.7 1.4
171.4 1.4
172 1.5
172.7 1.6
173.4 1.6
Construction & Mining Pct Chg Year Ago
6.3 -1.2
6.3 -0.2
6.3 -2.6
6.3 -0.8
6.4 1
6.5 3.4
6.7 6.5
6.9 9.5
7.2 11.6
7.4 13.2
7.7 14.5
8 14.7
8.2 14.6
8.4 14.1
8.7 12.8
Trade, Trans, & Utilities Pct Chg Year Ago
22.5 -2.7
22.6 -2.6
22.8 2
22.9 1.8
22.9 1.9
23 1.8
23.1 1.3
23.1 1
23.1 0.7
23.1 0.4
23.2 0.4
23.3 0.7
23.3 1
23.4 1.3
23.6 1.5
Wholesale Trade Retail Trade Trans, Wrhsng, & Util
3.4 17.1 2
3.4 17.1 2
3.4 17.3 2
3.4 17.3 2
3.4 17.4 2
3.5 17.4 2.1
3.5 17.4 2.1
3.5 17.4 2.1
3.5 17.4 2.1
3.5 17.4 2.1
3.5 17.4 2.1
3.6 17.4 2.1
3.6 17.4 2.2
3.6 17.5 2.2
3.7 17.5 2.2
Information Pct Chg Year Ago
3 0.8
3 2
3 -0.4
3 0.6
3.1 2.5
3.1 4.5
3.1 4.4
3.1 3.4
3.1 1.1
3.1 -0.5
3.1 -0.2
3.2 1.4
3.2 2.5
3.2 3.1
3.2 3.1
Financial Activities Pct Chg Year Ago
7 0.3
7 1.6
7.1 1
7.1 1.1
7.1 1.3
7.1 1.2
7.1 1
7.1 0.4
7.1 0.2
7.1 0.1
7.1 0
7.1 -0.1
7.1 0.1
7.1 0.2
7.1 0
Prof & Business Services Pct Chg Year Ago
18 2.3
18.1 3.1
18.3 2.1
18.5 3.2
18.6 3.2
18.8 3.7
19 4
19.2 4.2
19.5 4.9
19.8 5.6
20.1 5.8
20.3 5.8
20.6 5.6
20.9 5.5
21.2 5.5
Educ & Health Services Pct Chg Year Ago
20.4 1.5
20.5 1.9
20.6 1.2
20.6 1.2
20.7 1.1
20.7 0.8
20.7 0.7
20.9 1.3
20.9 1.2
21 1.3
21 1.5
21.1 0.9
21.1 0.9
21.2 1.1
21.2 1
Leisure & Hospitality Pct Chg Year Ago
16.5 0.1
16.7 1.3
16.8 2.8
16.8 2.2
16.8 1.7
16.8 0.8
16.8 0.4
16.8 0.1
16.8 -0.4
16.7 -0.7
16.6 -1.2
16.6 -1.3
16.5 -1.3
16.5 -1.2
16.4 -1.1
Other Services Pct Chg Year Ago
10.2 1
10.2 2.4
10.3 1.6
10.3 1.7
10.3 1.6
10.4 1.3
10.4 1.1
10.4 0.8
10.4 0.9
10.4 0.7
10.4 0.2
10.4 0
10.4 -0.2
10.4 -0.3
10.4 -0.2
1.9 1.4
1.9 -0.8
1.9 -4.1
1.8 -3.4
1.8 -2.6
1.8 -2.7
1.8 -2.8
1.8 -2.7
1.8 -2.6
1.8 -2.5
1.8 -2.3
1.8 -2.1
1.8 -1.8
1.7 -1.5
1.7 -1.2
59.8 -1.4
59.6 0.4
59.5 -1.3
59.5 -0.8
59.5 -0.5
59.5 -0.1
59.6 0.1
59.5 0.1
59.6 0.2
59.6 0.1
59.6 0.1
59.7 0.3
59.7 0.2
59.7 0.3
59.8 0.3
Gross Metro Product (00$ Mil)
13104
13104
13153
13197
13261
13328
13415
13498
13583
13665
13764
13850
13932
14018
14099
Population (Ths) Pct Chg Year Ago
376.4 1.1
377.5 1.1
378.7 1.2
379.8 1.1
380.8 1.2
382 1.2
383.2 1.2
384.5 1.2
385.7 1.3
387 1.3
388.3 1.3
389.8 1.4
391.3 1.5
392.9 1.5
394.5 1.6
194 -0.3
194.1 0.6
194.2 0.5
194.4 0.5
194.6 0.3
194.7 0.3
195 0.4
194.9 0.3
195 0.2
195.2 0.2
195.4 0.2
195.5 0.3
195.7 0.4
196 0.4
196.1 0.3
Federal Government Pct Chg Year Ago State & Local Government Pct Chg Year Ago
Other Economic Indicators
Labor Force (Ths) Percent Change, Year Ago Unemployment Rate (%)
7.5
7.4
7.4
7.3
7.3
7.2
7.1
7
6.9
6.8
6.7
6.6
6.5
6.4
6.3
Total Housing Starts Single-Family Multifamily
885 675 210
905 687 219
956 703 253
1050 764 286
1194 871 323
1410 1036 373
1563 1141 422
1709 1238 471
1881 1365 516
2069 1503 566
2212 1592 620
2343 1669 674
2453 1748 705
2537 1804 733
2581 1823 757
Institute for Economic Competitiveness
83