Economic Profile

POPULATION

Latest Current reporting Year Percent level period ago change Ventura County 720,508 Jan. ’95 708,992 +1.6 Camarillo 58,472 Jan. ’95 56,562 +3.4 Fillmore 12,872 Jan. ’95 12,937 -0.5 Moorpark 27,544 Jan. ’95 27,202 +1.3 Ojai 8,154 Jan. ’95 7,927 +2.9 Oxnard 154,558 Jan. ’95 152,034 +1.7 Port Hueneme 21,772 Jan. ’95 21,893 -0.6 Santa Paula 27,093 Jan. ’95 26,887 +0.8 Simi Valley 103,660 Jan. ’95 103,834 -0.2 Thousand Oaks 112,600 Jan. ’95 110,391 +2.0 Ventura 100,677 Jan. ’95 97,080 +3.7

*EMPLOYMENT

Latest Current reporting Year Percent level period ago change Agriculture 21,800 June 22,300 -2.2 Oil & 1,800 June 2,000 -10.0 gas extraction Construction 10,100 June 10,100 0.0 Durable 19,800 June 21,200 -6.6 manufacturing High technology 9,000 June 9,700 -7.2 Non-durable 8,500 June 8,900 -4.5 manufacturing Transportation & 11,700 June 11,000 +6.4 public utilities Wholesale trade 12,200 June 11,800 +3.4 Retail trade 44,800 June 44,100 +1.6 Finance, insurance 12,300 June 12,500 -1.6 & real estate Services 69,000 June 67,800 +1.8 Government 43,900 June 43,600 +0.7 Total employment 255,900 June 255,300 +0.2 in county Employed residents 353,200 June 350,000 +0.9 Unemployment rate 6.8% June 7.2% -0.4 Total employment California 12,314 June 12,195 +1.0 (thousands) Nation (millions) 124.4 June 122.6 +1.5

*BUILDING PERMITS

Latest Current reporting Year Percent level period ago change Residential permits, single-family Ventura County 670 Jan.-May 553 +21.2 Camarillo 61 Jan.-May 81 -24.7 Fillmore 28 Jan.-May 15 +86.7 Moorpark 12 Jan.-May 22 -45.5 Ojai 6 Jan.-May 0 - Oxnard 55 Jan.-April 42 +31.0 Port Hueneme 0 Jan.-April 0 - Santa Paula 2 Jan.-May 1 +100.0 Simi Valley 75 Jan.-May 45 +66.7 Thousand Oaks 234 Jan.-June 171 +36.8 Ventura 190 Jan.-May 179 +6.1 All residential units, single-family 754 Jan.-May 719 +4.9 and multiple Value of all residential permits (in millions of dollars) Ventura County $154.7 Jan.-May $130.0 +19.0 Camarillo $12.3 Jan.-May $21.3 -42.3 Fillmore $3.4 Jan.-May $1.9 +84.2 Moorpark $5.9 Jan.-May $6.7 -11.5 Ojai $3.0 Jan.-May $0.4 +610.6 Oxnard $15.5 Jan.-May $15.4 +0.9 Port Hueneme $0.4 Jan.-May $0.3 +27.7 Santa Paula $0.7 Jan.-May $0.5 +45.1 Simi Valley $20.1 Jan.-May $12.9 +55.8 Thousand Oaks $51.5 Jan.-June $39.8 +29.4 Ventura $32.6 Jan.-May $27.1 +20.0 Value of commercial /industrial permits (in millions of dollars) Ventura County $71.9 Jan.-May $73.8 -2.6 Camarillo $6.5 Jan.-May $5.7 +12.9 Fillmore $0.0 Jan.-May $0.0 - Moorpark $2.4 Jan.-May $7.7 -68.3 Ojai $3.0 Jan.-May $0.1 +4,832.5 Oxnard $9.1 Jan.-May $12.0 -24.6 Port Hueneme $2.5 Jan.-May $0.4 +541.1 Santa Paula $0.7 Jan.-May $0.0 -- Simi Valley $7.4 Jan.-May $14.0 -47.3 Thousand Oaks $44.1 Jan.-June $25.7 +71.9 Ventura $3.3 Jan.-May $3.7 -9.8

*INFLATION RATE

Latest Current reporting Year Percent level period ago change Southern California 2.31 June 1.07% +1.24

*RETAIL SALES Cities by quarter (in millions of dollars)

Latest Current reporting Year Percent level period ago change Camarillo $54.6 1994 Q4 $53.6 +1.9 Fillmore $10.1 1994 Q4 $8.6 +17.4 Moorpark $16.1 1994 Q4 $13.4 +20.5 Ojai $13.9 1994 Q4 $13.6 +2.3 Oxnard $272.4 1994 Q4 $243.0 +12.1 Port Hueneme $10.9 1994 Q4 $10.3 +5.5 Santa Paula $22.9 1994 Q4 $21.6 +6.2 Simi Valley $146.1 1994 Q4 $130.0 +12.4 Thousand Oaks $346.7 1994 Q4 $294.2 +17.8 Ventura $268.4 1994 Q4 $249.0 +7.8

*HOTEL / MOTEL ROOM SALES (In millions of dollars)

Latest Current reporting Year Percent level period ago change Camarillo 1.83 1995 Q1 1.85 -0.7 Ojai 2.20 1995 Q1 1.88 +17.1 Oxnard 2.95 1995 Q1 3.91 -24.5 Santa Paula 0.13 1995 Q1 0.15 -13.9 Simi Valley 1.45 1995 Q1 1.56 -7.5 Thousand Oaks 2.92 1995 Q1 3.89 -24.9 Ventura 3.95 1995 Q1 4.90 -19.3

*MEDIAN HOME PRICES (In thousands of dollars)

Latest Current reporting Year Percent level period ago change Ventura County $197.7 Jan.-June $205.5 -3.8 Camarillo $226.8 Jan.-May $227.3 -0.2 Fillmore $168.1 Jan.-May $147.8 +13.8 Moorpark $240.0 Jan.-May $221.3 +8.4 Ojai $214.0 Jan.-May $206.9 +3.4 Oxnard $174.4 Jan.-May $170.5 +2.3 Port Hueneme $134.2 Jan.-May $140.3 -4.3 Santa Paula $134.8 Jan.-May $147.5 -8.6 Simi Valley $178.7 Jan.-May $178.2 +0.3 Thousand Oaks $262.1 Jan.-May $263.4 -0.5 Ventura $185.9 Jan.-May $182.3 +2.0

*HOME SALES

Latest Current reporting Year Percent level period ago change Ventura County 2,597 Jan.-June 3,594 -27.7

*MORTGAGE RATE

Latest Current reporting Year Percent level period ago change Southern California 7.00% 1995 Q1 6.42% +0.58 average

*HOUSING VACANCY RATE

Latest Current reporting Year Percent level period ago change Ventura County 5.0% 1995 5.0% +0.0 Camarillo 3.3% 1995 3.5% -0.2 Fillmore 4.3% 1995 4.0% +0.3 Moorpark 3.9% 1995 3.6% +0.3 Ojai 3.6% 1995 2.9% +0.7 Oxnard 5.0% 1995 5.3% -0.3 Port Hueneme 10.4% 1995 10.7% -0.3 Santa Paula 5.6% 1995 5.4% +0.2 Simi Valley 3.8% 1995 3.3% +0.5 Thousand Oaks 3.0% 1995 3.0% +0.0 Ventura 5.2% 1995 5.1% +0.1

Prepared by: UC Santa Barbara Economic Forecast Project