G aines v ille
Annual Outlook for Gainesville, FL
June 2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
13 5.4 7.5 5.5
13.7 5.3 7.9 5.8
14.4 4.9 8.3 6
15.1 5 8.8 6.3
15.8 4.9 9.2 6.6
16.6 4.8 9.7 6.9
17.4 4.7 10.2 7.2
18.1 4.4 10.6 7.5
18.9 4.2 11.1 7.8
Real Personal Income (09$) Pct Chg Year Ago
11.5 3.8
11.9 3.2
12.2 2.7
12.5 2.7
12.8 2.5
13.2 2.5
13.5 2.4
13.8 2.2
14 1.9
Per Capita Income (Ths) Real Per Capita Income (09$)
45.4 40.1
47.5 41.2
49.6 42.1
51.9 43.1
54.3 44.1
56.7 45
59.2 46
61.6 46.8
64 47.5
Average Annual Wage (Ths) Pct Chg Year Ago
51.4 4.5
53.6 4.2
55.8 4.1
58.4 4.6
61.1 4.6
63.8 4.5
66.6 4.4
69.3 4.1
72 3.9
Personal Income (Billions $) Total Personal Income Pct Chg Year Ago Wages and Salaries Nonwage Income
Establishment Employment (Place of Work, Thousands, SA) Total Employment Pct Chg Year Ago
146.1 1.3
147.6 1
148.8 0.8
149.7 0.6
150.7 0.7
151.6 0.6
152.2 0.4
152.9 0.5
153.6 0.4
Manufacturing Pct Chg Year Ago
4.9 1.1
4.9 1.5
5 1.5
5.1 0.9
5.1 0.8
5.1 0.5
5.1 0.5
5.2 0.5
5.2 0.6
Nonmanufacturing Pct Chg Year Ago
141.3 1.3
142.7 1
143.8 0.8
144.6 0.6
145.6 0.7
146.5 0.6
147 0.4
147.7 0.5
148.4 0.4
5.8 5.9
6 4.4
6.2 2.1
6.3 2.3
6.5 2.5
6.6 2.1
6.7 1.7
6.8 1.3
6.8 0.6
Trade, Trans, & Utilities Pct Chg Year Ago
21.2 -0.3
21.1 -0.4
21 -0.6
20.9 -0.5
20.8 -0.5
20.7 -0.6
20.5 -0.8
20.4 -0.4
20.3 -0.5
Wholesale Trade Retail Trade Trans, Wrhsng, & Util
3.1 15.1 3.4
3.1 15.1 3.4
3.1 15 3.4
3.1 15 3.4
3.1 14.8 3.3
3.1 14.7 3.3
3.1 14.6 3.3
3.1 14.5 3.3
3.1 14.4 3.3
Information Pct Chg Year Ago
1.6 0.7
1.6 0.1
1.6 0.6
1.6 0.3
1.6 0.6
1.6 0.9
1.6 0.8
1.6 0.4
1.6 0.4
Financial Activities Pct Chg Year Ago
6.8 1.6
6.9 0.8
6.9 0.2
6.9 0.4
7 0.6
7 0.4
7 0.4
7 0.3
7.1 0.3
Prof & Business Services Pct Chg Year Ago
15.3 4.8
15.9 3.8
16.1 1.5
16.4 2
16.9 2.8
17.4 2.7
17.6 1.6
18 1.9
18.4 2.3
Educ & Health Services Pct Chg Year Ago
25.7 0.8
26 0.9
26.3 1.3
26.5 0.8
26.7 0.6
26.9 0.8
27.1 0.8
27.4 1
27.7 1.1
Leisure & Hospitality Pct Chg Year Ago
16.3 3
16.5 0.9
16.6 0.9
16.8 0.8
16.8 0.2
16.7 -0.4
16.7 -0.5
16.6 -0.6
16.5 -0.6
4.8 2
4.8 0.4
4.8 0
4.8 0.1
4.8 -0.5
4.7 -0.8
4.7 -0.8
4.7 -0.2
4.7 -0.4
Federal Government Pct Chg Year Ago
4.5 -4.4
4.3 -2.4
4.4 1.7
4.2 -3.9
4.2 -0.7
4.2 -0.5
4.2 -0.3
4.2 -0.1
4.2 -0.3
State & Local Government Pct Chg Year Ago
39.3 0.4
39.6 0.8
39.9 0.8
40.1 0.5
40.4 0.7
40.7 0.7
40.8 0.5
41 0.4
41.1 0.2
Population (Ths) Pct Chg Year Ago
286.9 0.7
288.5 0.6
289.7 0.4
290.7 0.3
291.6 0.3
292.5 0.3
293.4 0.3
294.4 0.3
295.4 0.3
Labor Force (Ths) Pct Chg Year Ago
145.3 0.9
146.5 0.9
147.8 0.9
148.5 0.5
149 0.3
149.5 0.4
149.6 0.1
149.4 -0.2
149.2 -0.1
Construction & Mining Pct Chg Year Ago
Other Services Pct Chg Year Ago
Other Economic Indicators
Unemployment Rate (%) Total Housing Starts Single-Family Multifamily
3.2
3
3.1
3.2
3.4
3.5
3.7
3.7
3.8
1387 699 687
1459 767 692
1499 768 731
1565 802 763
1597 819 778
1632 838 794
1656 862 794
1618 825 792
1583 786 797
Institute for Economic Competitiveness
51