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 15,300 July 16,800 Oil & gas extraction 2,100 July 2,200 Construction 9,900 July 9,300 Durable manufacturing 20,900 July 21,700 Electronic equipment 6,100 July 6,300 Non-durable manufacturing 8,700 July 8,700 Transportation & public utilities 10,500 July 10,100 Wholesale trade 11,700 July 11,100 Retail trade 42,400 July 42,400 Finance, insurance & real estate 12,300 July 12,400 Services 64,000 July 63,900 Government 42,400 July 43,300 Total employment in county 248,000 June 250,300 Employed residents 341,800 July 339,200 Unemployment rate 9.3% July 10.7% Total employment California (thousands) 12,324 July 12,398 Nation (millions) 122.7 July 119.4 BUILDING PERMITS Residential permits, single-family Ventura County 851 Jan.-June 554 Camarillo 81 Jan.-May 20 Fillmore 23 Jan.-June 25 Moorpark 61 Jan.-July 91 Ojai 2 Jan.-June 3 Oxnard 58 Jan.-June 102 Port Hueneme 0 Jan.-June 16 Santa Paula 1 Jan.-June 7 Simi Valley 56 Jan.-June 63 Thousand Oaks 194 Jan.-July 67 Ventura 179 Jan.-May 80 All residential units, single-family and multiple 1,174 Jan.-June 645 Value of all residential permits (in millions of dollars) Ventura County 200.5 Jan.-June 136.9 Camarillo 20.6 Jan.-May 6.2 Fillmore 3.4 Jan.-June 4.0 Moorpark 19.8 Jan.-July 22.1 Ojai 1.05 Jan.-June 0.56 Oxnard 18.7 Jan.-June 24.3 Port Hueneme 0.4 Jan.-June 2.2 Santa Paula 0.52 Jan.-June 1.59 Simi Valley 12.9 Jan.-June 18.1 Thousand Oaks 44.6 Jan.-July 22.1 Ventura 55.0 Jan.-July 17.3 Value of commercial/industrial permits (in millions of dollars) Ventura County 87.5 Jan.-June 96.0 Camarillo 5.7 Jan.-May 4.9 Fillmore 0.0 Jan.-June 0.1 Moorpark 8.7 Jan.-July 16.3 Ojai 0.10 Jan.-June 0.11 Oxnard 14.9 Jan.-June 29.1 Port Hueneme 0.4 Jan.-June 9.4 Santa Paula 0.03 Jan.-June 1.04 Simi Valley 9.9 Jan.-June 12.5 Thousand Oaks 26.4 Jan.-July 14.4 Ventura 5.7 Jan.-July 7.8 INFLATION RATE Southern California 1.3% July 2.1% RETAIL SALES Cities by quarter (in millions of dollars) Camarillo $53.6 1993 Q4 $53.3 Fillmore $8.6 1993 Q4 $9.6 Moorpark $13.4 1993 Q4 $10.8 Ojai $13.6 1993 Q4 $14.1 Oxnard $243.0 1993 Q4 $218.5 Port Hueneme $10.3 1993 Q4 $11.3 Santa Paula $21.6 1993 Q4 $22.8 Simi Valley $130.0 1993 Q4 $133.8 Thousand Oaks $294.2 1993 Q4 $288.0 Ventura $249.0 1993 Q4 $245.7 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 $205.3 Jan.-July $212.4 Camarillo $227.3 Jan.-Apr. $214.2 Fillmore $148.1 Jan.-Apr. $183.1 Moorpark $221.3 Jan.-Apr. $261.1 Ojai $206.9 Jan.-Apr. $211.4 Oxnard $170.5 Jan.-Apr. $177.2 Port Hueneme $140.3 Jan.-Apr. $184.2 Santa Paula $147.5 Jan.-Apr. $160.4 Simi Valley $178.2 Jan.-Apr. $186.1 Thousand Oaks $263.4 Jan.-Apr. $259.3 Ventura $182.3 Jan.-Apr. $186.5 HOME SALES Ventura County 4,207 Jan.-July 3,483 MORTGAGE RATE Southern California average 6.30% 1994 Q2 6.71% 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 -8.9 Oil & gas extraction -4.5 Construction +6.5 Durable manufacturing -3.7 Electronic equipment -3.2 Non-durable manufacturing 0 Transportation & public utilities +4.0 Wholesale trade +5.4 Retail trade 0 Finance, insurance & real estate -0.8 Services +0.2 Government -2.1 Total employment in county -0.9 Employed residents +0.8 Unemployment rate -1.4 Total employment California (thousands) -0.6 Nation (millions) +2.8 BUILDING PERMITS Residential permits, single-family Ventura County +53.6 Camarillo +305.0 Fillmore -8.0 Moorpark -33.0 Ojai -33.3 Oxnard -43.1 Port Hueneme -- Santa Paula -85.7 Simi Valley -11.1 Thousand Oaks +189.6 Ventura +123.8 All residential units, single-family and multiple +82.0 Value of all residential permits (in millions of dollars) Ventura County +46.4 Camarillo +234.6 Fillmore -13.9 Moorpark -10.3 Ojai +87.4 Oxnard -23.1 Port Hueneme -81.0 Santa Paula -67.5 Simi Valley -28.8 Thousand Oaks +101.6 Ventura +217.8 Value of commercial/industrial permits (in millions of dollars) Ventura County -8.9 Camarillo +17.6 Fillmore -- Moorpark -46.7 Ojai -14.4 Oxnard -48.7 Port Hueneme -95.8 Santa Paula -96.9 Simi Valley -20.9 Thousand Oaks +83.7 Ventura -26.8 INFLATION RATE Southern California -0.8 RETAIL SALES Cities by quarter (in millions of dollars) Camarillo +0.6 Fillmore -10.4 Moorpark +23.7 Ojai -3.4 Oxnard +11.2 Port Hueneme -8.7 Santa Paula -5.3 Simi Valley -2.8 Thousand Oaks +2.2 Ventura +1.4 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 -3.4 Camarillo +6.1 Fillmore -19.1 Moorpark -15.2 Ojai -2.1 Oxnard -3.8 Port Hueneme -23.8 Santa Paula -8.0 Simi Valley -4.2 Thousand Oaks +1.6 Ventura -2.3 HOME SALES Ventura County +20.8 MORTGAGE RATE Southern California average -0.41 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 +0.1 Thousand Oaks -0.1 Ventura +0.0

Prepared by: UC Santa Barbara Economic Forecast Project