march 2013 economic snapshot
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7/28/2019 March 2013 Economic Snapshot
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February Median Sales Price, Single-Family Existing Homes
Geography JAX MSA Florida U.S.
Current $135,025 $150,000 $173,600
Y/Y Change +15.7% +12.8% +11.6%
Source: Florida Association of Realtors; National Association of Realtors
Jacksonville Economic Snapshot - March 2013Current Figures and Year-Over-Year Change
Employment Data (All Figures Not Seasonally Adjusted)February Employment
Geography JAX MSA Florida U.S.
Current Level 647,153 8,653,000 142,228,000
Y/Y Change +3.6% +2.6% +1.1%
Source: Florida Department of Economic Opportunity, Local Area Unemployment Statistics
Major Employment by Industry*Biggest Year-Over-Year Net Gains
Industry Sector % Change Industry Sector % Change
Leisure and Hospitality +6.9% Information -3.2%
Professional and Business Services +6.8% Total Government -1.2%
Financial Activities +3.0% Other Services +0.5%
Source: Florida Department of Economic Opportunity, Current Employment Statistics
*For detailed descriptions of the industry sectors, please visit http://bls.gov/iag
3 Independent Drive | Jacksonville, Florida 32202 | P 904.366.6600 | F 904.353.6343 | www.jaxusa.org
B A K E R C L A Y D U V A L F L A G L E R N A S S A U P U T N A M S T . J O H N S
Consumer Data
February Consumer Price Index
Geography JAX MSA U.S.
Current 112.63 129.33
Y/Y Change +2.0% +1.8%
Source: University of North Florida Local Economic Indicators Project
February Taxable Sales
Geography Duval County Florida
Current $1,151,498,108 $ 27,185,905,036
Y/Y Change +8.7% +10.9%
Source: Florida Department of Revenue
February Unemployment
Geography JAX MSA Florida U.S.
Current Level 48,803 704,000 12,500,000
Current Rate 7.0% 7.5% 8.1%
Y/Y Change -1.9% -1.5% -0.6%
Source: Florida Department of Economic Opportunity, Local Area Unemployment Statistics
Housing Data
February Realtor Sales, Single-Family Existing Homes
Geography JAX MSA Florida U.S.
Current 1,396 15,666 4,980,000
Y/Y Change +11.5% +10.3% +10.2%
Source: Florida Association of Realtors; National Association of Realtors
February Foreclosure Filings
Geography Duval County Florida U.S.
Current 1,253 31,726 154,281
Y/Y Change +35.9% +20.5% -25.4%
Source: RealtyTrac
February Single-Family Building Permits
Geography Duval County Florida U.S.
Current 456 4,105 42,032
Y/Y Change +66.4% +38.1% +19.8%
Source: U.S. Census, Housing Units Authorized by Building Permits
Airport & Seaport ActivityFebruary Statistics for Jacksonville International Airport (JIA)
Geography Passenger Trafc Cargo Tonnage Daily Departures Daily Seats
Current 367,808 11,798,465 81 8,551
Y/Y Change -5.0% -4.3 +1.3% -6.7%
Source: Jacksonville Aviation Authority
February Statistics for JAXPORT (Tonnage)
Geography Containerized Break-Bulk Bulk Cargo Auto Tractors
Current 413,193 76,662 72,427 111,194
Y/Y Change +0.2% +19.0% +19.5% +8.2%
Source: Jacksonville Port Authority
Figures show positive trend for Jax
Figures show negative trend for Jax
Legend
Biggest Year-Over-Year Net Losses
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7/28/2019 March 2013 Economic Snapshot
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3 Independent Drive | Jacksonvil le, Florida 32202 | P 904.366.6600 | F 904.353.6343 | www.jaxusa.org
B A K E R C L A Y D U V A L F L A G L E R N A S S A U P U T N A M S T . J O H N S
Jacksonville Economic Trends
0%
5%
10%
15%
500,000
550,000
600,000
650,000
700,000
Employment & Unemployment
Employment Unemployment Unemployment Rate (%)
$100,000
$150,000
$200,000
$250,000
$300,000
Median Home Sales Price
JAX MSA Florida US
130,000
135,000
140,000
145,000
150,000
155,000
160,000
165,000
170,000
0
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
2007 2008 2009 2010 2011 2012
JIA Airport Statistics
Total # Passengers Cargo Tonnage (in thousands of pounds)
-15%
-10%
-5%
0%
5%
10%
15%
7,000,000
7,500,000
8,000,000
8,500,000
9,000,000
JAXPORT Tonnage
Total Inbound and Outbound Tons % change from previous year
-60%
-40%
-20%
0%
20%
40%
60%
1,000
4,000
7,000
10,000
13,000
16,000
19,000
Building Permits
Building Permits % change from previous year
-30%
-20%
-10%
0%
10%
20%
10,000
12,000
14,000
16,000
18,000
20,000
Existing Home Sales
Home Sales % change from previous year
-15%
-10%
-5%
0%
5%
10%
15%
20%
$11
$12
$13
$14
$15
$16
$17
Duval County Taxable Sales
Taxable Sales % change from previous year
billions
-5%
0%
5%
10%
15%
$0
$20
$40
$60
$80
Gross Domestic Product
GDP % change
billions
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