Sacramento Forecast Project | Sacramento CEA Economic Forecast | Sacramento Forecast Project |
revised January, 2013 | ||
Unemployment | Taxable Sales | Data Tables | Resources | back to SFP Page |
Number of Persons Employed |
The Sacramento Composite Economic Area is a five county (Amador, El Dorado, Nevada, Placer and Sacramento Counties) entity that ended 2012 with an annual average of 903,300 employed persons. This was an increase of 1.4% compared to the 0.17% decline in 2011. The annual average number of persons employed in the Sacramento CEA is forecasted, based on actual data through December, 2012, to be up 0.44% in 2013. |
Unemployment |
The annual Unemployment Rate for the Sacramento CEA declined to 10.4% in 2012, down from the 11.8% in 2011. The average annual rate for 2013, based on actual data through December, 2012, is expected to decline again to 10.3%. |
Taxable Sales |
Taxable Sales at all Outlets in the five county Composite Economic Area posted a 2.4% (($600 million) increase in 2010. This came after a $4.1 billion decrease in 2009 (an decline of 14.1%) to a total of $25.2 billion. The forecast for 2011, based on actual data through the 3rd quarter, 2011, is another increase of 6.2% ($1.6 billion), followed by a smaller 1.4% increase in 2012 and another increase of 3.1% in 2013. A word of caution about these 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 CEA data, in Excel format, that can be made available on request. |
Back to Sacramento Forecast Project Update: January, 2013 Next Revision: July, 2013 URL: http://sacramentoforecastproject.org/sa11/sac5/sac-cea.htm Arthur N. Jensen, Emeritus Professor of Marketing e-mail to: a.jensen@comcast.net |