Economic Profile

Latest Current reporting Year level period ago POPULATION Ventura County 720,508 Jan. ’95 708,992 Camarillo 58,472 Jan. ’95 56,562 Fillmore 12,872 Jan. ’95 12,937 Moorpark 27,544 Jan. ’95 27,202 Ojai 8,154 Jan. ’95 7,927 Oxnard 154,558 Jan. ’95 152,034 Port Hueneme 21,772 Jan. ’95 21,893 Santa Paula 27,093 Jan. ’95 26,887 Simi Valley 103,660 Jan. ’95 103,834 Thousand Oaks 112,600 Jan. ’95 110,391 Ventura 100,677 Jan. ’95 97,080 EMPLOYMENT Agriculture 25,300 April 23,400 Oil & gas extraction 1,800 April 1,900 Construction 9,700 April 9,500 Durable manufacturing 19,900 April 21,300 High technology 9,000 April 9,800 Non-durable manufacturing 8,200 April 8,200 Transportation & public utilities 11,400 April 10,900 Wholesale trade 11,900 April 11,600 Retail trade 44,700 April 43,600 Finance, insurance & real estate 12,100 April 12,600 Services 70,200 April 68,300 Government 44,500 April 43,700 Total employment in county 259,700 April 255,000 Employed residents 359,200 April 357,700 Unemployment rate 6.0% March 7.3% Total employment California (thousands) 12,579 April 12,462 Nation (millions) 125.1 April 122.4 BUILDING PERMITS Residential permits, single-family Ventura County 470 Jan.-April 387 Camarillo 23 Jan.-April 37 Fillmore 28 Jan.-April 15 Moorpark 12 Jan.-April 22 Ojai 5 Jan.-April 0 Oxnard 8 Jan.-April 42 Port Hueneme 0 Jan.-April 0 Santa Paula 1 Jan.-April 0 Simi Valley 23 Jan.-April 33 Thousand Oaks 155 Jan.-April 49 Ventura 150 Jan.-April 115 All residential units, single-family and multiple 545 Jan.-April 535 Value of all residential permits (in millions of dollars) Ventura County $110.5 Jan.-April $95.1 Camarillo $6.9 Jan.-April $11.1 Fillmore $3.4 Jan.-April $1.8 Moorpark $5.9 Jan.-April $6.7 Ojai $0.9 Jan.-April $0.3 Oxnard $5.4 Jan.-April $14.8 Port Hueneme $0.3 Jan.-April $0.2 Santa Paula $0.5 Jan.-April $0.1 Simi Valley $8.3 Jan.-April $10.2 Thousand Oaks $35.9 Jan.-April $15.1 Ventura $24.4 Jan.-April $15.8 Value of commercial/industrial permits (in millions of dollars) Ventura County $50.3 Jan.-April $61.1 Camarillo $6.5 Jan.-April $6.4 Fillmore $0.0 Jan.-April $0.0 Moorpark $2.3 Jan.-April $7.7 Ojai $3.0 Jan.-April $0.1 Oxnard $6.4 Jan.-April $8.6 Port Hueneme $2.4 Jan.-April $0.4 Santa Paula $0.7 Jan.-April $0.0 Simi Valley $4.3 Jan.-April $9.1 Thousand Oaks $23.3 Jan.-April $21.0 Ventura $2.1 Jan.-April $3.4 INFLATION RATE Southern California 1.78% March 1.40% RETAIL SALES Cities by quarter (in millions of dollars) Camarillo $51.6 1994 Q3 $50.4 Fillmore $10.6 1994 Q3 $10.1 Moorpark $16.1 1994 Q3 $12.1 Ojai $13.7 1994 Q3 $13.8 Oxnard $246.9 1994 Q3 $215.8 Port Hueneme $10.9 1994 Q3 $11.0 Santa Paula $23.6 1994 Q3 $21.2 Simi Valley $140.0 1994 Q3 $125.1 Thousand Oaks $299.2 1994 Q3 $259.7 Ventura $244.4 1994 Q3 $236.0 HOTEL / MOTEL ROOM SALES (In millions of dollars) Camarillo 1.83 1995 Q1 1.85 Ojai 2.20 1995 Q1 1.88 Oxnard 2.95 1995 Q1 3.91 Santa Paula 0.13 1994 Q4 0.15 Simi Valley 1.45 1995 Q1 1.56 Thousand Oaks 2.90 1994 Q4 2.60 Ventura 3.20 1994 Q4 3.80 MEDIAN HOME PRICES (In thousands of dollars) Ventura County $195.7 Jan.-April $201.7 Camarillo $227.6 Jan.-March $230.4 Fillmore $169.0 Jan.-March $146.8 Moorpark $234.5 Jan.-March $221.9 Ojai $217.1 Jan.-March $194.3 Oxnard $176.4 Jan.-March $171.6 Port Hueneme $135.3 Jan.-March $137.4 Santa Paula $134.6 Jan.-March $147.4 Simi Valley $175.9 Jan.-March $175.7 Thousand Oaks $257.7 Jan.-March $261.2 Ventura $178.0 Jan.-March $186.1 HOME SALES Ventura County 1,485 Jan.-April 2,092 MORTGAGE RATE Southern California average 7.00% 1995 Q1 6.42% HOUSING VACANCY RATE Ventura County 5.0% 1995 5.0% Camarillo 3.3% 1995 3.5% Fillmore 4.3% 1995 4.0% Moorpark 3.9% 1995 3.6% Ojai 3.6% 1995 2.9% Oxnard 5.0% 1995 5.3% Port Hueneme 10.4% 1995 10.7% Santa Paula 5.6% 1995 5.4% Simi Valley 3.8% 1995 3.3% Thousand Oaks 3.0% 1995 3.0% Ventura 5.2% 1995 5.1%

Percent change POPULATION Ventura County +1.6 Camarillo +3.4 Fillmore -0.5 Moorpark +1.3 Ojai +2.9 Oxnard +1.7 Port Hueneme -0.6 Santa Paula +0.8 Simi Valley -0.2 Thousand Oaks +2.0 Ventura +3.7 EMPLOYMENT Agriculture +8.1 Oil & gas extraction -5.3 Construction +2.1 Durable manufacturing -6.6 High technology -8.2 Non-durable manufacturing -- Transportation & public utilities +4.6 Wholesale trade +2.6 Retail trade +2.5 Finance, insurance & real estate -4.0 Services +2.8 Government +1.8 Total employment in county +1.8 Employed residents +0.4 Unemployment rate -1.3 Total employment California (thousands) +0.9 Nation (millions) +2.2 BUILDING PERMITS Residential permits, single-family Ventura County +21.4 Camarillo -37.8 Fillmore +86.7 Moorpark -45.5 Ojai -- Oxnard -81.0 Port Hueneme -- Santa Paula -- Simi Valley -30.3 Thousand Oaks +216.3 Ventura +30.4 All residential units, single-family and multiple +1.9 Value of all residential permits (in millions of dollars) Ventura County +16.2 Camarillo -37.6 Fillmore +85.5 Moorpark -11.5 Ojai +197.3 Oxnard -63.3 Port Hueneme +45.8 Santa Paula +540.8 Simi Valley -19.2 Thousand Oaks +137.9 Ventura +53.9 Value of commercial/industrial permits (in millions of dollars) Ventura County -17.6 Camarillo +2.2 Fillmore -- Moorpark -70.1 Ojai +4832.5 Oxnard -26.1 Port Hueneme +539.5 Santa Paula -- Simi Valley -52.2 Thousand Oaks +11.1 Ventura -38.2 INFLATION RATE Southern California -0.3 RETAIL SALES Cities by quarter (in millions of dollars) Camarillo +2.4 Fillmore +5.8 Moorpark +32.9 Ojai -0.8 Oxnard +14.4 Port Hueneme -1.0 Santa Paula +11.4 Simi Valley +11.9 Thousand Oaks +15.2 Ventura +3.6 HOTEL / MOTEL ROOM SALES (In millions of dollars) Camarillo -0.7 Ojai +17.1 Oxnard -24.5 Santa Paula -14.2 Simi Valley -7.5 Thousand Oaks +11.7 Ventura -15.9 MEDIAN HOME PRICES (In thousands of dollars) Ventura County -3.0 Camarillo -1.2 Fillmore +15.1 Moorpark +5.7 Ojai +11.7 Oxnard +2.8 Port Hueneme -1.5 Santa Paula -8.7 Simi Valley +0.1 Thousand Oaks -1.4 Ventura -4.4 HOME SALES Ventura County -29.0 MORTGAGE RATE Southern California average +0.58 HOUSING VACANCY RATE Ventura County +0.0 Camarillo -0.2 Fillmore +0.3 Moorpark +0.3 Ojai +0.7 Oxnard -0.3 Port Hueneme -0.3 Santa Paula +0.2 Simi Valley +0.5 Thousand Oaks +0.0 Ventura +0.1

Prepared by: UC Santa Barbara Economic Forecast Project