Sacramento Forecast Project | Sacramento Economic Area Economic Forecast | Sacramento Forecast Project |
revised JAnuary, 2013 | ||
Unemployment | Taxable Sales | Data Tables | Resources | SFP Page |
Employment |
31Jan13: The total number of Wage and Salary Jobs (the Establishment Survey) in the 11 county Sacramento Economic Area increased 1.25% (12,342 jobs) in 2012, after declining 0.46% (4,556 jobs) in 2011, a decline that was much less than the 1.9% decrease in 2010. The forecast for 2013, based on data through December, 2012, is an 0.54% (5,427 jobs) increase. |
Unemployment |
31Jan13: The annual average Unemployment Rate for the Economic Area in 2012 was 10.2%, down from the 11.8% in 2011. The Sacramento Economic Area's annual Unemployment Rate for 2013, based on actual data through December, 2012, is forecast to be an even lower 9.9%. |
Taxable Sales |
31Jan13: The growth in Taxable Sales from all Outlets in the eleven county Sacramento Economic Area returned in 2010 was a 2.0% ($648. million) increase. The forecast for 2011, based on actual sales data through the 3rd quarter of 2011, is for a 6.6% ($2.20 billion) increase, followed by another 1.9% increase in 2012 and an increase of 3.2% in 2013.
A word of caution about these sales forecasts - actual data for Taxable Sales are currently 5 quarters (closer to 6 quarters) behind, so the "current" data does not reflect any of the actions and events of the past year and a half. |
Data Tables |
The Sacramento Forecast Project maintains files for these variables and the supporting variables for the Sacramento Economic Area, in Excel format, that can be made available on request. |
Resources | ||
For information on the Sacramento Economic Area, I recommend that you use the resources listed for the various geographic entities that constitute the area.
Data Providers: |
Back to Sacramento Forecast Project Update: January, 2013 Next Revision: July, 2013 URL: http://sacramentoforecastproject.org/sa11/sac-ea.htm Arthur N. Jensen, Emeritus Professor of Marketing e-mail to: a.jensen@comcast.net |