Economic Profile

Latest Current reporting Year level period ago POPULATION Ventura County 708,200 Jan. ’94 699,400 Camarillo 56,500 Jan. ’94 56,140 Fillmore 12,900 Jan. ’94 12,797 Moorpark 27,150 Jan. ’94 26,713 Ojai 7,925 Jan. ’94 7,853 Oxnard 151,900 Jan. ’94 149,400 Port Hueneme 21,850 Jan. ’94 20,471 Santa Paula 26,850 Jan. ’94 26,732 Simi Valley 103,700 Jan. ’94 102,900 Thousand Oaks 110,300 Jan. ’94 109,100 Ventura 97,000 Jan. ’94 96,000 EMPLOYMENT Agriculture 25,200 April 26,800 Oil & gas extraction 2,200 April 2,200 Construction 9,100 April 9,000 Durable manufacturing 21,200 April 22,100 High technology 9,700 April 9,900 Non-durable manufacturing 8,300 April 8,500 Transportation & public utilities 10,300 April 10,400 Wholesale trade 11,500 April 11,400 Retail trade 41,600 April 42,700 Finance, insurance & real estate 12,400 April 12,200 Services 65,000 April 64,200 Government 43,700 April 44,100 Total employment in county 250,500 April 253,600 Employed residents 352,600 April 347,000 Unemployment rate 7.4% April 7.0% Total employment California (thousands) 12,318 May 12,443 Nation (millions) 122.1 May 119.3 BUILDING PERMITS Residential permits, single-family Ventura County 387 Jan.-Apr. 311 Camarillo 37 Jan.-Apr. 4 Fillmore 15 Jan.-Apr. 22 Moorpark 22 Jan.-May 91 Ojai 0 Jan.-Apr. 1 Oxnard 42 Jan.-Apr. 36 Port Hueneme 0 Jan.-Apr. 16 Santa Paula 0 Jan.-Apr. 1 Simi Valley 33 Jan.-Apr. 35 Thousand Oaks 49 Jan.-Apr. 35 Ventura 115 Jan.-Apr. 29 All residential units, single-family and multiple 535 Jan.-Apr. 380 Value of all residential permits (in millions of dollars) Ventura County 95.1 Jan.-Apr. 81.8 Camarillo 10.5 Jan.-Apr. 2.2 Fillmore 1.8 Jan.-Apr. 3.7 Moorpark 6.7 Jan.-May 22.0 Ojai 0.30 Jan.-Apr. 0.27 Oxnard 14.3 Jan.-Apr. 11.6 Port Hueneme 0.2 Jan.-Apr. 2.1 Santa Paula 0.08 Jan.-Apr. 0.09 Simi Valley 10.2 Jan.-Apr. 11.1 Thousand Oaks 15.1 Jan.-Apr. 10.2 Ventura 15.8 Jan.-Apr. 7.1 Value of commercial/industrial permits (in millions of dollars) Ventura County 61.1 Jan.-Apr. 72.7 Camarillo 4.1 Jan.-Mar. 3.1 Fillmore 0.0 Jan.-Apr. 0.1 Moorpark 7.7 Jan.-May 10.8 Ojai 0.08 Jan.-Apr. 0.10 Oxnard 6.3 Jan.-Mar. 8.3 Port Hueneme 0.4 Jan.-Apr. 9.4 Santa Paula 0.01 Jan.-Apr. 1.04 Simi Valley 9.1 Jan.-Apr. 8.9 Thousand Oaks 21.0 Jan.-Apr. 6.0 Ventura 3.4 Jan.-Apr. 3.6 INFLATION RATE Southern California 1.4% April 2.0% RETAIL SALES Cities by quarter (in millions of dollars) Camarillo $50.4 1993 Q3 $54.9 Fillmore $10.1 1993 Q3 $10.9 Moorpark $12.1 1993 Q3 $11.9 Ojai $13.8 1993 Q3 $14.7 Oxnard $215.8 1993 Q3 $219.8 Port Hueneme $11.0 1993 Q3 $11.8 Santa Paula $21.2 1993 Q3 $23.5 Simi Valley $125.1 1993 Q3 $121.5 Thousand Oaks $259.7 1993 Q3 $251.8 Ventura $236.0 1993 Q3 $232.0 HOTEL / MOTEL ROOM SALES (In millions of dollars) Camarillo 1.8 1994 Q1 1.7 Ojai 1.9 1994 Q1 1.8 Oxnard 4.0 1994 Q1 3.1 Santa Paula 0.1 1994 Q1 0.2 Simi Valley 1.6 1994 Q1 0.9 Thousand Oaks 3.9 1994 Q1 2.6 Ventura 3.8 1993 Q4 3.6 MEDIAN HOME PRICES (In thousands of dollars) Ventura County $201.2 Jan.-Apr. $209.8 Camarillo $230.4 Jan.-Mar. $207.1 Fillmore $146.8 Jan.-Mar. $181.1 Moorpark $221.9 Jan.-Mar. $254.9 Ojai $194.3 Jan.-Mar. $225.6 Oxnard $171.6 Jan.-Mar. $171.0 Port Hueneme $163.1 Jan.-Mar. $156.7 Santa Paula $147.4 Jan.-Mar. $158.0 Simi Valley $175.7 Jan.-Mar. $188.0 Thousand Oaks $261.2 Jan.-Mar. $258.2 Ventura $186.1 Jan.-Mar. $183.2 HOME SALES Ventura County 2,839 Jan.-Apr. 1,718 MORTGAGE RATE Southern California average 6.42% 1994 Q1 6.97% HOUSING VACANCY RATE Ventura County 5.0% 1994 4.8% Camarillo 3.5% 1994 3.4% Fillmore 4.0% 1994 3.7% Moorpark 3.6% 1994 3.6% Ojai 2.9% 1994 3.1% Oxnard 5.3% 1994 4.9% Port Hueneme 10.7% 1994 10.6% Santa Paula 5.4% 1994 5.4% Simi Valley 3.3% 1994 3.2% Thousand Oaks 3.0% 1994 3.1% Ventura 5.1% 1994 5.0%

Percent change POPULATION Ventura County +1.3 Camarillo +0.6 Fillmore +0.8 Moorpark +1.6 Ojai +0.9 Oxnard +1.7 Port Hueneme +6.7 Santa Paula +0.4 Simi Valley +0.8 Thousand Oaks +1.1 Ventura +1.0 EMPLOYMENT Agriculture -6.0 Oil & gas extraction ---- Construction +1.1 Durable manufacturing -4.1 High technology -2.0 Non-durable manufacturing -2.4 Transportation & public utilities -1.0 Wholesale trade +0.9 Retail trade -2.6 Finance, insurance & real estate +1.6 Services +1.2 Government -0.9 Total employment in county -1.2 Employed residents +1.6 Unemployment rate +0.4 Total employment California (thousands) -1.0 Nation (millions) +2.4 BUILDING PERMITS Residential permits, single-family Ventura County +24.4 Camarillo +825.0 Fillmore -31.8 Moorpark -75.8 Ojai ---- Oxnard +16.7 Port Hueneme ---- Santa Paula ---- Simi Valley -5.7 Thousand Oaks +40.0 Ventura +296.6 All residential units, single-family and multiple +40.8 Value of all residential permits (in millions of dollars) Ventura County +16.2 Camarillo +372.7 Fillmore -50.3 Moorpark -69.5 Ojai +12.6 Oxnard +23.2 Port Hueneme -88.5 Santa Paula -5.2 Simi Valley -7.4 Thousand Oaks +48.0 Ventura +122.5 Value of commercial/industrial permits (in millions of dollars) Ventura County -15.9 Camarillo +33.8 Fillmore ---- Moorpark -28.8 Ojai -26.8 Oxnard -23.8 Port Hueneme -95.9 Santa Paula -98.8 Simi Valley +1.7 Thousand Oaks +252.4 Ventura -5.1 INFLATION RATE Southern California -0.6 RETAIL SALES Cities by quarter (in millions of dollars) Camarillo -8.2 Fillmore -8.1 Moorpark +1.6 Ojai -6.5 Oxnard -1.8 Port Hueneme -6.7 Santa Paula -10.1 Simi Valley +3.0 Thousand Oaks +3.1 Ventura +1.7 HOTEL / MOTEL ROOM SALES (In millions of dollars) Camarillo +7.2 Ojai +3.6 Oxnard +29.6 Santa Paula -12.2 Simi Valley +82.3 Thousand Oaks +52.2 Ventura +5.0 MEDIAN HOME PRICES (In thousands of dollars) Ventura County -4.1 Camarillo +11.2 Fillmore -18.9 Moorpark -13.0 Ojai -13.9 Oxnard +0.4 Port Hueneme +4.1 Santa Paula -6.7 Simi Valley -6.5 Thousand Oaks +1.2 Ventura +1.6 HOME SALES Ventura County +65.3 MORTGAGE RATE Southern California average -0.55 HOUSING VACANCY RATE Ventura County +0.2 Camarillo +0.1 Fillmore +0.3 Moorpark +0.1 Ojai -0.1 Oxnard +0.5 Port Hueneme +0.1 Santa Paula +0.1 Simi Valley +0.01 Thousand Oaks -0.1 Ventura +0.0

Prepared by: UC Santa Barbara Economic Forecast Project