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 1,625 Jan.-Oct. 1,378 +17.9 Camarillo 169 Jan.-Oct. 120 +40.8 Fillmore 34 Jan.-Oct. 33 +3.0 Moorpark 106 Jan.-Oct. 96 +10.4 Ojai 10 Jan.-Oct. 4 +150.0 Oxnard 186 Jan.-Oct. 132 +40.9 Port Hueneme 0 Jan.-Oct. 0 -- Santa Paula 3 Jan.-Oct. 4 -25.0 Simi Valley 289 Jan.-Oct. 101 +186.1 Thousand Oaks 416 Jan.-Oct. 299 +39.1 Ventura 299 Jan.-Oct. 399 -25.1 All residential units, single-family and multiple 1,803 Jan.-Oct. 1,907 -5.5 Value of all residential permits (in millions of dollars) Ventura County $372.6 Jan.-Oct. $330.5 +12.8 Camarillo $33.6 Jan.-Oct. $34.7 -3.1 Fillmore $4.8 Jan.-Oct. $4.6 +3.1 Moorpark $26.4 Jan.-Oct. $35.0 -24.6 Ojai $1.8 Jan.-Oct. $2.1 -16.6 Oxnard $49.3 Jan.-Oct. $38.2 +29.0 Port Hueneme $0.8 Jan.-Oct. $1.2 -28.6 Santa Paula $1.3 Jan.-Oct. $0.8 +74.8 Simi Valley $67.0 Jan.-Oct. $31.6 +111.7 Thousand Oaks $98.4 Jan.-Oct. $64.9 +51.6 Ventura $38.2 Jan.-Oct. $70.2 -45.5 Value of commercial / industrial permits (in millions of dollars) Ventura County $150.4 Jan.-Oct. $137.2 +9.6 Camarillo $15.5 Jan.-Oct. $23.8 -35.1 Fillmore $0.9 Jan.-Oct. $0.0 -- Moorpark $5.8 Jan.-Oct. $8.8 -33.9 Ojai $3.7 Jan.-Oct. $0.1 +2,411.2 Oxnard $24.5 Jan.-Oct. $20.5 +19.8 Port Hueneme $2.6 Jan.-Oct. $0.5 +441.5 Santa Paula $1.0 Jan.-Oct. $1.7 -40.9 Simi Valley $11.3 Jan.-Oct. $19.7 -42.8 Thousand Oaks $52.9 Jan.-Oct. $38.5 +37.2 Ventura $15.4 Jan.-Oct. $8.8 +74.8 INFLATION RATE Southern California 1.50% Nov. 0.86% +0.64 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 3.10 1995 Q3 3.13 -1.2 Oxnard 3.43 1995 Q3 3.88 -11.7 Santa Paula 0.17 1995 Q3 0.17 +0.5 Simi Valley 1.67 1995 Q3 1.54 +8.0 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