Académique Documents
Professionnel Documents
Culture Documents
Prepared by
2011-2012 Forecast
Construction Activity
Low Rates, Lewis-McChord, Infrastructure
Troop Strength Up By 15,000 + Strong Education And Health Care Consumer Expenditure Rebounds
Funding Issues for Small Businesses Debt Deficit Monetary Twist Sovereign Debt Issues Strength Of National Recovery
Employment: 2012
Slow But Steady
Breakin Rocks In The Hot Sun
Q1: Up 0.4 Percent Q2: Gain Of 0.5 Percent Q3: Up 0.7 Percent Q4: Plus 0.7 Percent For The Year Modest Growth Half Of A Percent
Recovery Recession
Unemployment: 2011
Slippin and Slidin During The Year 10.3% - Q1 9.6% - Q2 9.4% - Q3 9.1% - Q4 Annual Rate = 9.6%
Personal Income
Growth Slower
Lost Earnings Continued Increase Of Non-Labor Income
$35
Pre-recession
$30
Inflation-Adjusted Up
2011: Up 3.2% 2012: Up 2.9%
$25
$20
Per Capita Income Down By $6,100 In 2012 14% Lost By 2012 Total Loss Of Personal Income = $5 Billion
Retail Sales
Dollar Volume Back To 2005 Level Loss Due To Recession = $9.5 Billion
Housing: 2012
Some Hope Emerges
Diminishing Gains
First Quarter Up 5.3% Second Quarter Up 4.8% Third Quarter Gains 2.7% Fourth Quarter Up 1.0% Annual Gain of 3.4%
Multi-Family Housing
Renting Up
Tough Market Through 2009
Rents Flat Vacancy High
Special Thanks to
Tacoma-Pierce County Chamber Gary Brackett University of Puget Sound Civic Scholarship Initiative
Thanks To:
Comcast: Presenting Sponsor Propel Insurance: Speaker Sponsor Puget Sound Energy: Premier Horizons Sponsor Group Health Cooperative: Premier Horizons Sponsor AmericanWest Bank: Supporting Horizons Sponsor Tacoma Public Utilities: Report Sponsor Waste Connections, Inc.: TV/Broadcast Sponsor Business Examiner Media Group: Media Sponsor Port of Tacoma: Table Arrangement Sponsor PJ Hummel & Company: Dcor Sponsor Targa Sound Terminal: Coffee & Connections Sponsor