2014 Economic Indicators, Trends & Observations. 51 South Main Street Janesville, WI P F RockCountyAlliance.

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1 2014 Economic Indicators, Trends & Observations 51 South Main Street Janesville, WI P F RockCountyAlliance.com

2 Indicators, Trends & Observations National Level State of Wisconsin Rock County Current / Ongoing Initiatives Q&A

3 Indicators, Trends & Observations

4 Population Rock County Population Figures Number 180, , , , ,000 80,000 60,000 40,000 20, Source: U.S. Census Bureau and WI Department of Administration

5 Unemployment Annual Average Unemployment Rates Percent Rock Co WI U.S Source: WI Department of Workforce Development

6 GDP Gross Domestic Product: Rock County $6,000 $5,000 Millions of Dollars $4,000 $3,000 $2,000 $1,000 $ Source: Bureau of Economic Analysis, U.S. Department of Commerce

7 GDP Gross Domestic Product Percent Change Rock County WI U.S. Source: Bureau of Economic Analysis, U.S. Department of Commerce

8 Income Per Capita Personal Income $50,000 $45,000 $40,000 Dollars $35,000 $30,000 $25,000 $20,000 $15,000 Rock County WI U.S. $10,000 $5,000 $ * Source: Bureau of Economic Analysis, U.S. Department of Commerce

9 Wages by Sector Rock County Annual Wages by Sector $60,000 Dollars $50,000 $40,000 $30,000 $20,000 $10,000 Nat. Resources & Mining Construction Mfg. Trade, Trans. & Utilities Information Financial Activities Prof. & Business Services Ed. & Health Services Leisure & Hospitality Public Administration Other Servies $ Source: Bureau of Labor Statistics, Quarterly Census of Employment & Wages

10 Wages by Sector Annual Average Wage: Manufacturing Dollars $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $ Rock Co. WI U.S. Source: Bureau of Labor Statistics, Quarterly Census of Employment & Wages

11 Wages by Sector Annual Average Wage: Construction Dollars $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $ Rock Co. WI U.S. Source: Bureau of Labor Statistics, Quarterly Census of Employment & Wages

12 Wages by Sector Annual Average Wage: Education & Health Services $60,000 Dollars $50,000 $40,000 $30,000 $20,000 $10,000 Rock Co. WI U.S. $ Source: Bureau of Labor Statistics, Quarterly Census of Employment & Wages

13 Wages by Sector Annual Average Wage: Financial Activities Dollars $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $ Rock Co. WI U.S. Source: Bureau of Labor Statistics, Quarterly Census of Employment & Wages

14 Wages by Sector Annual Average Wage: Public Administration Dollars $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $ Rock Co. WI U.S. Source: Bureau of Labor Statistics, Quarterly Census of Employment & Wages

15 Wages by Sector Annual Average Wage: Trade, Transportation & Utilities $50,000 Dollars $40,000 $30,000 $20,000 $10,000 Rock Co. WI U.S. $ Source: Bureau of Labor Statistics, Quarterly Census of Employment & Wages

16 Wages by Sector Annual Average Wage: Professional & Business Services Dollars $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $ Rock Co. WI U.S. Source: Bureau of Labor Statistics, Quarterly Census of Employment & Wages

17 Wages by Sector Dollars $25,000 $20,000 $15,000 $10,000 $5,000 $0 Annual Average Wage: Leisure & Hospitality Rock Co. WI U.S. Source: Bureau of Labor Statistics, Quarterly Census of Employment & Wages

18 Wages by Sector Annaual Average Wage: Natural Resources & Mining Dollars $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $ Rock Co. WI U.S. Source: Bureau of Labor Statistics, Quarterly Census of Employment & Wages

19 Employment by Industry Rock County Employment by Industry Sector Manufacturing % YR 03 US 11.4% WI 18.8% Manufacturing % YR 13 US 9.0% WI 16.8% Natural Resources Construction Manufacturing Trade, Trans. & Utilities Percent 20 Information Financial Activities Professional & Biz Services Ed & Health Services 10 Leisure & Hospitality Other Unclassified Source: Bureau of Labor Statistics, Quarterly Census of Employment & Wages

20 Job Postings Regional Job Postings HC Practitioners & Techs Transportation Sales & Related Occupations Number of Postings Management Food Prep Office & Admin. Support Production UC Major SOC Code Source: SW Workforce Development Board, WANTED Analytics

21 Sales & Use Tax Collections Rock County Sales & Use Tax Collections: $1,200,000 $1,000, $800, Dollars $600,000 $400, $200, = $6.03 MM 08 = $10.39 MM 09 = $9.89 MM 10 = $9.67 MM 11 = $10.20 MM 12 = $10.38 MM 13 = $10.66 MM $- January February March April May June Month July August September October November December 14 = $11 + MM Source: WI Department of Revenue

22 Tourism Expenditures Rock County Tourism Expenditures Millions of Dollars $250 $200 $150 $100 $50 $ Source: WI Department of Tourism

23 Property Values Rock County Equalized Property Values $12,000 Millions of Dollars $10,000 $8,000 $6,000 $4,000 $2,000 $ Source: WI Department of Revenue

24 Residential Property Values Rock County Equalized Property Values: Residential Segment % of Total Equalized Property Value Source: WI Department of Revenue

25 Residential Permits Rock County Single-Family Permits Number of Permits Source: McGraw Hill Construction Report

26 Residential Activity Rock County Housing Activity Number of Listings & Sales 5,000 4,000 3,000 2,000 1,000 - # of Home Sales # of New Listings # of Month End Listings Source: South Central WI MLS Corporation

27 Residential Sale Prices Rock County Housing Sales Data Price Points $160,000 $140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 $- Average Sale Price Median Sale Price Source: South Central WI MLS Corporation

28 Cost of Living Cost of Living Composite Index (National Average = 100) 140 Index Rating Chicago Joliet Rockford Janesville-Beloit Madison Milwaukee Cedar Rapids Des Moines Quad Cities Minneapolis St. Paul St. Louis Kansas City Ann Arbor Detroit Grand Rapids Metro Area Source: Council for Community & Economic Research

29 Foreclosures & Bankruptcies Bankruptcy & Forclosure Filings Number of Filings 1,400 1,200 1, Foreclosure Bankruptcy Source: Rock County Clerk of Courts; U.S. District Court, WI, Western Division

30 Commercial Property Values Rock County Equalized Property Values: Commercial Segment %of Total Equalized Property Value Source: WI Department of Revenue

31 Commercial Permits Rock County Commercial & Medical Projects Permits Number of Permits Issued Commercial Includes: Stores & Food Service, Warehouses (Ex. Mfg. Owned), Office & Banks, Garages & Service Stations, Hotels & Motels Source: McGraw Hill Construction Report

32 Agriculture Property Values Rock County Equalized Property Values: Agriculture Segment 18 % of Equalized Property Value Use Value Assessment Methodology Implemented in Source: WI Department of Revenue

33 Manufacturing Property Values Rock County Equalized Property Values: Manufacturing Segment %of Total Equalized Property Value Source: WI Department of Revenue

34 Just the Numbers ( ) 62 Private Sector Development Projects $767.4 Million in Capital Investment 2,368 new Jobs Created 1.87 Million SF Constructed 2.18 Million SF Leased or Sold This information was collected from primary and secondary data sources deemed reliable. Please note that this information is subject to change without notice. The time period represented by these figures is YR 2010 through YR 2014.

35 Current / Ongoing Workforce Initiatives

36 Summary Sales Tax Collections Residential Activities Electric Meters & Usage Investments, Projects & GDP Industrial Vacancies Unemployment Rates Bankruptcies Foreclosures

37 What Roles Can You Play? Stay Informed, Be Engaged - Ambassadors of Optimism - Economic Development Champion & Cheerleader Communication Conduit - Share & Exchange Information Additional Information - ED Plan/Updates - Data - Workforce

38 Comments and/or Questions THANKS 51 South Main Street Janesville, WI P F RockCountyAlliance.com

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