feb 2013 economic snapshot
TRANSCRIPT
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8/23/2019 Feb 2013 Economic Snapshot
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January Median Sales Price, Single-Family Existing Homes
Geography JAX MSA Florida U.S.
Current $136,000 $145,000 $173,600
Y/Y Change +23.6% +12.4% +12.3%
Source: Florida Association of Realtors; National Association of Realtors
Jacksonville Economic Snapshot - February 2013Current Figures and Year-Over-Year Change
Employment Data (All Figures Not Seasonally Adjusted)January Employment
Geography JAX MSA Florida U.S.
Current Level 641,206 8,597,000 141,614,000
Y/Y Change +3.5% +2.7% +1.2%
Source: Florida Department of Economic Opportunity, Local Area Unemployment Statistics
Major Employment by Industry*Biggest Year-Over-Year Net Gains
Industry Sector % Change Industry Sector % Change
Leisure and Hospitality +6.9% Information -4.3%
Professional and Business Services +6.6% Total Government -1.9%
Construction +5.3% Other Services +0.5%
Source: Florida Department of Economic Opportunity, Current Employment Statistics
*For detailed descriptions of the industry sectors, please visit http://bls.gov/iag
3 Independent Drive | Jacksonville, Florida 32202 | P 904.366.6600 | F 904.353.6343 | www.jaxusa.org
B A K E R C L A Y D U V A L F L A G L E R N A S S A U P U T N A M S T . J O H N S
Consumer Data
January Consumer Price Index
Geography JAX MSA U.S.
Current 112.35 128.43
Y/Y Change +2.0% +2.2%
Source: University of North Florida Local Economic Indicators Project
January Taxable Sales
Geography Duval County Florida
Current $1,392,110,875 $31,252,701,380
Y/Y Change +4.1% +4.5%
Source: Florida Department of Revenue
January Unemployment
Geography JAX MSA Florida U.S.
Current Level 52,172 748,000 13,181,000
Current Rate 7.5% 8.0% 8.5%
Y/Y Change -1.5% -1.3% -0.3%
Source: Florida Department of Economic Opportunity, Local Area Unemployment Statistics
Housing Data
January Realtor Sales, Single-Family Existing Homes
Geography JAX MSA Florida U.S.
Current 1,274 13,679 4,920,000
Y/Y Change +25.1% +11.7% +9.1%
Source: Florida Association of Realtors; National Association of Realtors
January Foreclosure Filings
Geography Duval County Florida U.S.
Current 1,408 29,800 150,864
Y/Y Change +45.0% +20.2% -28.5%
Source: RealtyTrac
January Single-Family Building Permits
Geography Duval County Florida U.S.
Current 429 4,018 40,468
Y/Y Change +48.4% +53.1% +35.4%
Source: U.S. Census, Housing Units Authorized by Building Permits
Airport & Seaport ActivityJanuary Statistics for Jacksonville International Airport (JIA)
Geography Passenger Trafc Cargo Tonnage Daily Departures Daily Seats
Current 370,355 13,287,666 81 8,551
Y/Y Change -2.6% +10.0% +1.3% -6.7%
Source: Jacksonville Aviation Authority
January Statistics for JAXPORT (Tonnage)
Geography Containerized Break-Bulk Bulk Cargo Auto Tractors
Current 343,472 94,123 25,941 101,085
Y/Y Change -9.7% +69.9% -84.5% -15.4%
Source: Jacksonville Port Authority
Figures show positive trend for Jax
Figures show negative trend for Jax
Legend
Biggest Year-Over-Year Net Losses
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3 Independent Drive | Jacksonvil le, Florida 32202 | P 904.366.6600 | F 904.353.6343 | www.jaxusa.org
B A K E R C L A Y D U V A L F L A G L E R N A S S A U P U T N A M S T . J O H N S
Jacksonville Economic Trends
0%
5%
10%
15%
500,000
550,000
600,000
650,000
700,000
Employment & Unemployment
Employment Unemployment Unemployment Rate (%)
$100,000
$150,000
$200,000
$250,000
$300,000
Median Home Sales Price
JAX MSA Florida US
130,000
135,000
140,000
145,000
150,000
155,000
160,000
165,000
170,000
0
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
2007 2008 2009 2010 2011 2012
JIA Airport Statistics
Total # Passengers Cargo Tonnage (in thousands of pounds)
-15%
-10%
-5%
0%
5%
10%
15%
7,000,000
7,500,000
8,000,000
8,500,000
9,000,000
JAXPORT Tonnage
Total Inbound and Outbound Tons % change from previous year
-60%
-40%
-20%
0%
20%
40%
60%
1,000
4,000
7,000
10,000
13,000
16,000
19,000
Building Permits
Building Permits % change from previous year
-30%
-20%
-10%
0%
10%
20%
10,000
12,000
14,000
16,000
18,000
20,000
Existing Home Sales
Home Sales % change from previous year
-15%
-10%
-5%
0%
5%
10%
15%
20%
$11
$12
$13
$14
$15
$16
$17
Duval County Taxable Sales
Taxable Sales % change from previous year
billions
-5%
0%
5%
10%
15%
$0
$20
$40
$60
$80
Gross Domestic Product
GDP % change
billions