Ventura County Economic Profile

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Latest Current reporting Year Percent level period ago change POPULATION 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 Agriculture 20,100 Oct. 17,800 +12.9 Oil & gas extraction 1,900 Oct. 1,900 0.0 Construction 11,400 Oct. 10,400 +9.6 Durable manufacturing 19,900 Oct. 20,500 -2.9 High technology 9,100 Oct. 9,400 -3.2 Non-durable manufacturing 8,500 Oct. 8,700 -2.3 Transportation & 11,400 Oct. 11,000 +3.6 & public utilities Wholesale trade 12,000 Oct. 11,400 +5.3 Retail trade 45,500 Oct. 45,000 +1.1 Finance, insurance 12,300 Oct. 12,000 +2.5 & real estate Services 69,300 Oct. 67,600 +2.5 Government 42,800 Oct. 42,400 +0.9 Total employment in county 255,100 Oct. 248,700 +2.6 Employed residents 365,200 Oct. 357,700 +2.1 Unemployment rate 7.4% Oct. 7.5% -0.1 Total employment California (thousands) 12,751 Oct. 12,600 +1.2 Nation (millions) 125.3 Oct. 124.1 +0.9 BUILDING PERMITS Residential permits, single-family Ventura County 1,448 Jan.-Sept. 1,258 +15.1 Camarillo 130 Jan.-Sept. 113 +15.0 Fillmore 34 Jan.-Sept. 32 +6.3 Moorpark 97 Jan.-Sept. 78 +24.4 Ojai 9 Jan.-Sept. 4 +125.0 Oxnard 170 Jan.-Sept. 132 +28.8 Port Hueneme 0 Jan.-Sept. 0 -- Santa Paula 2 Jan.-Sept. 4 -50.0 Simi Valley 261 Jan.-Sept. 101 +158.4 Thousand Oaks 366 Jan.-Sept. 257 +42.4 Ventura 277 Jan.-Sept. 361 -23.3 All residential units, single-family and multiple 1,605 Jan.-Sept. 1,755 -8.5 Value of all residential permits (in millions of dollars) Ventura County $327.5 Jan.-Sept. $300.8 +8.9 Camarillo $26.6 Jan.-Sept. $30.9 -14.1 Fillmore $4.8 Jan.-Sept. $4.6 +3.9 Moorpark $20.9 Jan.-Sept. $26.4 -20.7 Ojai $1.6 Jan.-Sept. $2.1 -20.6 Oxnard $45.6 Jan.-Sept. $34.6 +31.6 Port Hueneme $0.8 Jan.-Sept. $0.0 -- Santa Paula $1.1 Jan.-Sept. $0.7 +46.4 Simi Valley $60.7 Jan.-Sept. $32.8 +85.0 Thousand Oaks $84.6 Jan.-Sept. $57.0 +48.6 Ventura $46.4 Jan.-Sept. $63.4 -26.8 Value of commercial / industrial permits (in millions of dollars) Ventura County $139.6 Jan.-Sept. $123.5 +13.0 Camarillo $12.4 Jan.-Sept. $23.0 -46.0 Fillmore $0.9 Jan.-Sept. $0.9 -- Moorpark $5.7 Jan.-Sept. $8.7 -35.0 Ojai $3.7 Jan.-Sept. $0.1 +2,875.8 Oxnard $23.3 Jan.-Sept. $20.2 +15.2 Port Hueneme $2.6 Jan.-Sept. $0.5 +451.8 Santa Paula $1.0 Jan.-Sept. $1.7 -40.2 Simi Valley $10.4 Jan.-Sept. $18.7 -44.4 Thousand Oaks $49.6 Jan.-Sept. $30.2 +64.3 Ventura $15.0 Jan.-Sept. $6.8 +121.4 INFLATION RATE Southern California 1.17% Oct. 1.66% -0.49 RETAIL SALES Cities by quarter (in millions of dollars) Camarillo $59.6 1995 Q2 $50.8 +17.3 Fillmore $11.4 1995 Q2 $10.8 +5.6 Moorpark $16.1 1995 Q2 $14.6 +10.8 Ojai $13.9 1995 Q2 $13.3 +5.1 Oxnard $250.4 1995 Q2 $235.7 +6.2 Port Hueneme $10.3 1995 Q2 $10.2 +0.3 Santa Paula $22.8 1995 Q2 $22.5 +1.4 Simi Valley $138.6 1995 Q2 $135.6 +2.2 Thousand Oaks $294.6 1995 Q2 $294.4 +0.1 Ventura $245.8 1995 Q2 $238.1 +3.2 HOTEL / MOTEL ROOM SALES (In millions of dollars) Camarillo 2.12 1995 Q3 2.14 -1.0 Ojai 3.38 1995 Q2 2.59 +30.8 Oxnard 3.54 1995 Q2 3.47 +1.9 Santa Paula 0.16 1995 Q2 0.15 +3.6 Simi Valley 1.61 1995 Q2 1.45 +11.0 Thousand Oaks 3.00 1995 Q3 3.07 -2.4 Ventura 6.13 1995 Q3 6.02 +1.9 MEDIAN HOME PRICES (In thousands of dollars) Ventura County $198.8 Jan.-Oct. $207.2 -4.0 Camarillo $220.1 Jan.-Sept. $226.2 -2.7 Fillmore $155.9 Jan.-Sept. $159.0 -2.0 Moorpark $238.4 Jan.-Sept. $218.6 +9.0 Ojai $203.5 Jan.-Sept. $209.0 -2.6 Oxnard $172.0 Jan.-Sept. $171.6 +0.2 Port Hueneme $135.9 Jan.-Sept. $144.6 -6.0 Santa Paula $139.8 Jan.-Sept. $154.5 -9.5 Simi Valley $177.4 Jan.-Sept. $177.8 -0.3 Thousand Oaks $267.0 Jan.-Sept. $266.8 +0.1 Ventura $193.2 Jan.-Sept. $185.2 +4.3 HOME SALES Ventura County 4,967 Jan.-Oct. 6,077 -18.3 MORTGAGE RATE Southern California average 7.38% 1995 Q3 6.76% +0.62 HOUSING VACANCY RATE 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

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Prepared by: UC Santa Barbara Economic Forecast Project