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 13,700 Aug. 13,000 Oil & gas extraction 2,100 Aug. 2,200 Construction 10,200 Aug. 9,600 Durable manufacturing 20,700 Aug. 21,900 Electronic equipment 6,000 Aug. 6,400 Non-durable manufacturing 8,500 Aug. 9,100 Transportation & public utilities 9,900 Aug. 9,900 Wholesale trade 11,800 Aug. 11,100 Retail trade 42,400 Aug. 42,000 Finance, insurance & real estate 11,800 Aug. 12,300 Services 64,000 Aug. 63,800 Government 39,500 Aug. 40,000 Total employment in county 234,600 Aug. 234,900 Employed residents 339,700 Aug. 333,800 Unemployment rate 8.8% Aug. 9.5% Total employment California (thousands) 12,345 Aug. 12,376 Nation (millions) 122.9 Aug. 119.7 BUILDING PERMITS Residential permits, single-family Ventura County 950 Jan.-July 663 Camarillo 90 Jan.-June 56 Fillmore 23 Jan.-June 25 Moorpark 61 Jan.-Aug. 91 Ojai 2 Jan.-July 3 Oxnard 59 Jan.-July 121 Port Hueneme 0 Jan.-July 16 Santa Paula 1 Jan.-July 7 Simi Valley 56 Jan.-June 63 Thousand Oaks 221 Jan.-Aug. 83 Ventura 355 Jan.-Aug. 100 All residential units, single-family and multiple 1,317 Jan.-July 799 Value of all residential permits (in millions of dollars) Ventura County 228.2 Jan.-July 162.6 Camarillo 24.9 Jan.-June 9.1 Fillmore 3.4 Jan.-June 4.0 Moorpark 19.8 Jan.-Aug. 22.1 Ojai 1.68 Jan.-July 0.91 Oxnard 19.9 Jan.-July 27.7 Port Hueneme 0.5 Jan.-July 2.3 Santa Paula 0.52 Jan.-July 1.63 Simi Valley 12.9 Jan.-June 18.1 Thousand Oaks 51.0 Jan.-Aug. 26.7 Ventura 62.0 Jan.-Aug. 19.4 Value of commercial/industrial permits (in millions of dollars) Ventura County 93.8 Jan.-July 107.5 Camarillo 8.5 Jan.-June 5.7 Fillmore 0.0 Jan.-June 0.1 Moorpark 8.7 Jan.-Aug. 16.8 Ojai 0.10 Jan.-July 0.82 Oxnard 14.9 Jan.-July 29.1 Port Hueneme 0.4 Jan.-July 9.4 Santa Paula 0.03 Jan.-July 1.04 Simi Valley 9.9 Jan.-June 12.5 Thousand Oaks 28.9 Jan.-Aug. 18.5 Ventura 6.6 Jan.-Aug. 10.7 INFLATION RATE Southern California 1.4% Aug. 2.0% 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 1.6 1994 Q2 1.8 Ojai 2.6 1994 Q2 2.6 Oxnard 3.9 1994 Q2 3.9 Santa Paula 0.2 1994 Q2 0.2 Simi Valley 1.5 1994 Q2 0.9 Thousand Oaks 3.9 1994 Q1 2.6 Ventura 4.0 1994 Q2 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 +5.4 Oil & gas extraction -4.5 Construction +6.3 Durable manufacturing -5.5 Electronic equipment -6.3 Non-durable manufacturing -6.6 Transportation & public utilities -- Wholesale trade +6.3 Retail trade +1.0 Finance, insurance & real estate -4.1 Services +0.3 Government -1.3 Total employment in county -0.1 Employed residents +1.8 Unemployment rate -0.7 Total employment California (thousands) -0.2 Nation (millions) +2.7 BUILDING PERMITS Residential permits, single-family Ventura County +43.3 Camarillo +60.7 Fillmore -8.0 Moorpark -33.0 Ojai -33.3 Oxnard -51.2 Port Hueneme -- Santa Paula -85.7 Simi Valley -11.1 Thousand Oaks +166.3 Ventura +255.0 All residential units, single-family and multiple +64.8 Value of all residential permits (in millions of dollars) Ventura County +40.3 Camarillo +172.3 Fillmore -13.9 Moorpark -10.2 Ojai +85.5 Oxnard -28.2 Port Hueneme -78.5 Santa Paula -68.3 Simi Valley -28.8 Thousand Oaks +91.2 Ventura +219.7 Value of commercial/industrial permits (in millions of dollars) Ventura County -12.8 Camarillo +50.4 Fillmore -- Moorpark -48.0 Ojai -87.9 Oxnard -48.7 Port Hueneme -95.8 Santa Paula -96.9 Simi Valley -20.9 Thousand Oaks +56.4 Ventura -38.9 INFLATION RATE Southern California -0.6 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 -9.1 Ojai +1.2 Oxnard -0.5 Santa Paula -20.2 Simi Valley +62.0 Thousand Oaks +52.2 Ventura -18.8 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