Economic Profile

Latest Current reporting Year level period ago POPULATION Ventura County 713,400 July ’94 703,600 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 17,200 Feb. 17,900 Oil & gas extraction 1,900 Feb. 2,000 Construction 9,100 Feb. 9,100 Durable manufacturing 20,100 Feb. 21,500 High technology 9,200 Feb. 9,800 Non-durable manufacturing 8,000 Feb. 8,000 Transportation & public utilities 11,200 Feb. 10,800 Wholesale trade 11,600 Feb. 11,400 Retail trade 44,400 Feb. 43,000 Finance, insurance & real estate 11,900 Feb. 12,900 Services 68,600 Feb. 66,400 Government 42,700 Feb. 43,100 Total employment in county 246,700 Feb. 246,100 Employed residents 352,800 Feb. 355,800 Unemployment rate 6.7% Feb. 8.8% Total employment California (thousands) 12,431 Feb. 12,262 Nation (millions) 125.1 Feb. 122.2 BUILDING PERMITS Residential permits, single-family Ventura County 175 Jan.-Feb. 141 Camarillo 0 January 79 Fillmore 0 January 9 Moorpark 11 Jan.-Feb. 10 Ojai 0 January 0 Oxnard 3 Jan.-Feb. 3 Port Hueneme 0 January 0 Santa Paula 0 January 0 Simi Valley 6 Jan.-Feb. 0 Thousand Oaks 64 Jan.-Feb. 16 Ventura 5 January 1 All residential units, single-family and multiple 178 Jan.-Feb. 271 Value of all residential permits (in millions of dollars) Ventura County $38.7 Jan.-Feb. $43.6 Camarillo $0.7 January $0.8 Fillmore $0.02 January $1.3 Moorpark $3.43 Jan.-Feb. $3.0 Ojai $0.1 January $0.0 Oxnard $1.8 Jan.-Feb. $6.4 Port Hueneme $0.1 January $0.01 Santa Paula $0.03 January $0.06 Simi Valley $2.6 Jan.-Feb. $1.0 Thousand Oaks $13.5 Jan.-Feb. $7.5 Ventura $1.5 January $0.5 Value of commercial/industrial permits (in millions of dollars) Ventura County $26.3 Jan.-Feb. $41.5 Camarillo $1.3 January $2.5 Fillmore $0.0 January $0.0 Moorpark $0.8 Jan.-Feb. $0.3 Ojai $0.6 January $0.0 Oxnard $3.7 Jan.-Feb. $3.8 Port Hueneme $0.0 January $0.0 Santa Paula $0.0 January $0.0 Simi Valley $1.9 Jan.-Feb. $8.9 Thousand Oaks $8.9 Jan.-Feb. $19.5 Ventura $1.0 January $ 0.6 INFLATION RATE Southern California 1.51% February 1.47% RETAIL SALES Cities by quarter (in millions of dollars) Camarillo $50.5 1994 Q2 $49.3 Fillmore $10.8 1994 Q2 $11.0 Moorpark $14.6 1994 Q2 $10.3 Ojai $13.3 1994 Q2 $13.9 Oxnard $235.7 1994 Q2 $214.0 Port Hueneme $10.2 1994 Q2 $10.5 Santa Paula $22.5 1994 Q2 $20.9 Simi Valley $135.6 1994 Q2 $125.2 Thousand Oaks $294.4 1994 Q2 $250.4 Ventura $238.1 1994 Q2 $223.6 HOTEL / MOTEL ROOM SALES (in millions of dollars) Camarillo 1.86 1994 Q4 1.62 Ojai 2.65 1994 Q4 1.99 Oxnard 2.88 1994 Q4 3.63 Santa Paula 0.13 1994 Q4 0.15 Simi Valley 1.62 1994 Q4 1.25 Thousand Oaks 2.90 1994 Q4 2.60 Ventura 3.20 1994 Q4 3.80 MEDIAN HOME PRICES (in thousands of dollars) Ventura County $196.7 January $204.9 Camarillo $248.2 January $222.3 Fillmore $124.0 January $138.0 Moorpark $204.2 January $223.9 Ojai $230.5 January $182.0 Oxnard $200.2 January $163.5 Port Hueneme $127.0 January $137.5 Santa Paula $138.0 January $146.3 Simi Valley $170.0 January $175.2 Thousand Oaks $244.5 January $259.9 Ventura $171.4 January $175.7 HOME SALES Ventura County Sample 320 Jan. ’95 341 MORTGAGE RATE Southern California average 6.68% 1994 Q4 6.15% 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 +1.4 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 -3.9 Oil & gas extraction -5.0 Construction 0.0 Durable manufacturing -6.5 High technology -7.1 Non-durable manufacturing 0.0 Transportation & public utilities +3.7 Wholesale trade +1.8 Retail trade +3.3 Finance, insurance & real estate -7.8 Services +3.3 Government -0.9 Total employment in county +0.2 Employed residents -0.8 Unemployment rate -2.1 Total employment California (thousands) +1.4 Nation (millions) +2.4 BUILDING PERMITS Residential permits, single-family Ventura County +24.1 Camarillo -- Fillmore -- Moorpark -- Ojai -- Oxnard -- Port Hueneme -- Santa Paula -- Simi Valley -- Thousand Oaks +300.0 Ventura +400.0 All residential units, single-family and multiple -34.4 Value of all residential permits (in millions of dollars) Ventura County -11.2 Camarillo -3.3 Fillmore -98.5 Moorpark +12.9 Ojai -- Oxnard -72.5 Port Hueneme +1251.1 Santa Paula -48.5 Simi Valley +171.6 Thousand Oaks +80.2 Ventura +188.5 Value of commercial/industrial permits (in millions of dollars) Ventura County -36.7 Camarillo -46.8 Fillmore -- Moorpark +128.4 Ojai -- Oxnard -1.2 Port Hueneme -- Santa Paula -- Simi Valley -78.4 Thousand Oaks -54.2 Ventura +52.1 INFLATION RATE Southern California +0.04 RETAIL SALES Cities by quarter (in millions of dollars) Camarillo +2.5 Fillmore -1.6 Moorpark +41.2 Ojai -4.6 Oxnard +10.2 Port Hueneme -2.4 Santa Paula +8.0 Simi Valley +8.3 Thousand Oaks +17.6 Ventura +6.5 HOTEL / MOTEL ROOM SALES (in millions of dollars) Camarillo +14.2 Ojai +33.3 Oxnard -20.6 Santa Paula -14.2 Simi Valley +29.2 Thousand Oaks +11.7 Ventura -15.9 MEDIAN HOME PRICES (in thousands of dollars) Ventura County -4.0 Camarillo +11.7 Fillmore -10.1 Moorpark -8.8 Ojai +26.6 Oxnard +22.4 Port Hueneme -7.6 Santa Paula -5.7 Simi Valley -3.0 Thousand Oaks -5.9 Ventura -2.5 HOME SALES Ventura County Sample -6.2 MORTGAGE RATE Southern California average +0.53 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 --

Prepared by: UC Santa Barbara Economic Forecast Project