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ECONOMIC INDICATORS TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION

TAMPA MSA MAJOR INDUSTRY EMPLOYMENT

EMPLOYMENT (Not seasonally adjusted) Labor Force (July 12) Hernando

Employment Unemployment (July 12) Rate (July 11)

Unemployment Rate (July 12)

63,454

56,265

13.9%

11.3%

Hillsborough

623,604

566,149

11.2%

9.2%

Pasco

194,872

174,808

12.3%

10.3%

Pinellas

448,827

408,907

10.8%

8.9%

Tampa MSA

1,330,757

1,206,129

11.3%

9.4%

Florida

9,354,000

8,482,000

11.0%

9.3%

156,526,000

143,126,000

9.3%

8.6%

United States

BUILDING PERMITS & VALUE (Hillsborough County)

Value of Non-Residential Permits ($1,000s)

1Q11

1Q12

%Δ**

991

1,418

43.1%

$391,118

$43,795

-88.8%

Source: Hillsborough County City-County Planning Commission

500

500

0.0%

Construction

52,600

46,500

-11.6%

Manufacturing

59,800

58,600

-2.0%

Wholesale Trade

45,700

44,700

-2.2%

141,200

139,400

-1.3%

Transportation, Warehousing, Utilities

25,300

25,100

-0.8%

Information

25,500

26,000

2.0%

Finance and Insurance

70,200

72,400

3.1%

Real Estate, Rental, & Leasing

20,200

20,300

0.5%

Professional & Business Services

186,400

199,000

6.8%

Education & Health Services

176,500

183,600

4.0%

Leisure and Hospitality

122,800

131,600

7.2%

45,500

43,500

-4.4%

144,200

145,700

1.0%

July 11

July 12

%Δ**

500,834

508,720

1.6%

Mining & Logging

Other Services Total Government

Absorption

Office Industrial

RESIDENTIAL UTILITIES

July 11 YTD

July 12 YTD

%Δ**

Total Units Sold

13,555

13,527

-0.2%

Average Sales Price

148,031

Active Meters 161,909

9.4% Source: Tampa Electric Company, Hillsborough County

Source: C&W Market Statistics (Hillsborough County)

Source: Greater Tampa Association of Realtors (GTAR) Includes homes sold in Hillsborough and Pasco Counties through Realtors ®

AIRPORT ACTIVITY

SEAPORT ACTIVITY

Total Passengers Total Cargo (lbs)

%Δ**

Source: FL Agency for Workforce Innovation, CES

1Q12 to 2Q12 Trends

Vacancy

July 12

REAL ESTATE (Residential)

REAL ESTATE (Commercial)

Under Construction

July 11

Retail Trade

Source: FL Agency for Workforce Innovation, LAUS and Bureau of Labor Statistics — U.S. Department of Labor

Permitted Housing Units, All Types

Bright. Bold. Connected.TM

July 11 YTD

July 12 YTD

%Δ**

10,118,060

10,152,814

0.3%

105,805,242 102,204,354

-3.4%

Source: Tampa International Airport

TOURISM

3Q11 FYTD 3Q12 FYTD %Δ** Cruise Passengers

July 12 YTD

%Δ**

708,206

811,447

15%

Occupancy

64.92%

68.10%

4.9%

Total Bulk & General Cargo1

10,330,597

9,923,124

-4%

Average Daily Rate

$90.46

$93.63

3.5%

Containers TEU

29,820

29,105

-2%

RevPar1

$58.68

$63.73

8.6%

1

July 2012

July 11 YTD

Net Tons is the Unit of Measure Source: Tampa Port Authority

1

Revenue Per Available Room Source: Tampa Bay & Company

** %Δ Denotes “Percentage Change””

 Chinese business officials visited Tampa to discuss trade & investment opportunities in aviation & aerospace, green energy, hospitality, life sciences, manufacturing, professional services, and technology. (Tampa Bay Business Journal, 07-09-12)  Tampa was selected by the German American Chamber of Commerce of the Southern United States to establish a new office location. It will be used to promote bilateral trade and investment opportunities between Germany and the U.S. (Tampa Bay Business Journal, 07-18-12)  IC Mechanical Inc. broke ground on a new $1.9 million 18,000 sq ft facility. IC Mechanical has been in the Tampa Bay market for 17 years, has 30 employees, and plans to add additional engineering and construction jobs over the next two years. (Tampa Hillsborough EDC, 07-25-12)  The Tampa Port Authority announced the purchase of 110 acres adjacent to its Port Redwing facilities, which will enable the Port to continue its plans to enhance cargo generating industrial manufacturing activities. (Tampa Port Authority, 07-26-12)  Highland Packaging Solutions signed a new lease for a 243,000-sq ft facility in Plant City which will produce transport containers for fruits and vegetables. Its containers are shipped throughout the United States, Canada, Mexico, South America, and Europe. (Tampa Bay Times, 07-27-12) Report produced by Tampa Hillsborough EDC Research. For more information visit www.tampaedc.com or call 813.218.3307

9-06-12

Economic Indicators 201207  

Economic Indicators 201207

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