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 14,800 Dec. 13,200 +12.1 Oil & gas extraction 1,700 Dec. 1,800 -5.6 Construction 10,500 Dec. 10,000 +5.0 Durable manufacturing 20,200 Dec. 20,600 -1.9 High technology 9,200 Dec. 9,400 -2.1 Non-durable manufacturing 8,100 Dec. 8,100 0.0 Transportation 11,100 Dec. 11,100 0.0 & public utilities Wholesale trade 11,900 Dec. 11,300 +5.3 Retail trade 47,600 Dec. 47,100 +1.1 Finance, insurance 12,500 Dec. 12,100 +3.3 & real estate Services 70,000 Dec. 68,600 +2.0 Government 43,500 Dec. 43,300 +0.5 Total employment in county 251,900 Dec. 247,200 +1.9 Employed residents 355,200 Nov. 353,500 +0.5 Unemployment rate 8.5% Nov. 7.5% +1.0 Total employment California (thousands) 12,774 Dec. 12,592 +1.4 Nation (millions) 124.9 Dec. 124.6 +0.3 BUILDING PERMITS Residential permits, single-family Ventura County 1,743 Jan.-Nov. 1,579 +10.4 Camarillo 173 Jan.-Nov. 129 +34.1 Fillmore 34 Jan.-Nov. 33 +3.0 Moorpark 106 Jan.-Nov. 161 -34.2 Ojai 10 Jan.-Nov. 4 +150.0 Oxnard 221 Jan.-Nov. 156 +41.7 Port Hueneme 0 Jan.-Nov. 0 -- Santa Paula 3 Jan.-Nov. 5 -40.0 Simi Valley 291 Jan.-Nov. 124 +134.7 Thousand Oaks 453 Jan.-Nov. 317 +42.9 Ventura 322 Jan.-Nov. 447 -28.0 All residential units, single-family and multiple 1,923 Jan.-Nov. 2,372 -18.9 Value of all residential permits (in millions of dollars) Ventura County $397.9 Jan.-Nov. $388.1 +2.5 Camarillo $35.4 Jan.-Nov. $35.1 +0.8 Fillmore $4.8 Jan.-Nov. $4.7 +2.8 Moorpark $26.4 Jan.-Nov. $47.0 -43.7 Ojai $1.9 Jan.-Nov. $2.2 -14.6 Oxnard $54.1 Jan.-Nov. $42.9 +26.1 Port Hueneme $0.9 Jan.-Nov. $1.3 -32.5 Santa Paula $1.4 Jan.-Nov. $0.9 +55.6 Simi Valley $68.3 Jan.-Nov. $35.5 +92.1 Thousand Oaks $106.4 Jan.-Nov. $87.5 +21.6 Ventura $55.5 Jan.-Nov. $77.7 -28.6 Value of commercial / industrial permits (in millions of dollars) Ventura County $166.4 Jan.-Nov. $150.4 +10.7 Camarillo $15.7 Jan.-Nov. $24.9 -37.0 Fillmore $0.9 Jan.-Nov. $0.5 +75.4 Moorpark $5.8 Jan.-Nov. $9.2 -36.7 Ojai $3.8 Jan.-Nov. $0.3 +1,381.8 Oxnard $30.0 Jan.-Nov. $28.5 +5.1 Port Hueneme $2.6 Jan.-Nov. $0.5 +371.9 Santa Paula $1.0 Jan.-Nov. $1.8 -42.0 Simi Valley $19.1 Jan.-Nov. $20.1 -4.9 Thousand Oaks $53.9 Jan.-Nov. $41.9 +28.6 Ventura $16.1 Jan.-Nov. $9.5 +68.6 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 $200.5 Jan.-Nov. $206.9 -3.1 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 5,530 Jan.-Nov. 6,603 -16.3 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