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INDICATOR MOST RECENT SINCE LAST PERIOD SINCE LAST YEAR WHAT DOES THIS MEAN?

188,984

1st Quarter 2019

-0.3%

Down 658 from Q4 2018

+2.0%

Up 3,792 from Q1 2018

Employment levels have increased for 39 months in a row, comparing the same month of the year prior. MSA monthly average of 189,984 in Q1 2019 was 2% higher than the Q1 2018 monthly average.

195,728

1st Quarter 2019

-0.1%

Down 138 from Q4 2018

+1.8%

Up 3,379 from Q4 2018

MSA average monthly Labor Force in Q1 2019 was 1.8% higher than the Q1 2018 monthly average. Labor Force has grown 34 of the past 36 consecutive months, comparing same month of the prior year.
Unemployment Rate

3.4%

1st Quarter 2019

+0.2 pts.

Up from 3.2% in Q4 2018

-0.3 pts.

Down from 3.7% in Q4  2018

MSA 3-month average Unemployment Rate has decreased for 90 consecutive months, comparing same month of the prior year.

$841

3rd Quarter 2018

+2.4%

$20 more than in Q2 2018

+1.2%

$10 more than in Q3 2017

Average Weekly Wage has increased in all but one of the past 20 quarters, comparing same month of prior year. The 4-quarter moving average has also increased in all but one of the past 20 quarters.
Unemployment Claims

1,178

1st Quarter 2019

-23.8%

368 fewer than in Q4 2018

-1.3%

16 fewer than in Q1 2018

Initial Claims for Unemployment Compensation in Q1 2019 were the fewest for any quarter since before 2010.

$1.35 B

4th Quarter 2018

+11.1%

Up $134 M from Q3 2018

+7.8%

$98 M more than in Q4 2017

MSA Taxable Sales were 4.5% higher in 2018 than in 2017, and have gone up in 56 of the past 60 months, comparing sales to the same month of the previous year.

160

1st Quarter 2018

+60.0%

60 more than in Q4 2018

-20.4%

41 fewer than in Q1 2018

New Single-Family Construction Permits in Leon County for for Q1 2019 were down from Q1 2018 or Q1 2017, but higher than the Q1 average of 140 during 2010 to 2016.

118

1st Quarter 2019

+136.0%

68 more than in Q4 2018

+6.3%

7 more than in Q1 2018

Although Mortgage Foreclosures in Leon County rose abruptly from Q4 2018, Q1 2019 was still well below the Q1 2011-2018 average of 229 foreclosures.

$215,000

1st Quarter 2019

+0.2%

Up $500 from Q4 2018

+2.4%

Up $5,000 from Q1 2018

Median Sales Price has risen in 11 of the past 20 quarters in the MSA, and has been lower than the statewide median sales price since Q4 2013.
Tourism: Total Visitors

713,200

Q2 FY 2019

+25.7%

Up 145.955 from Q1 of FY 2019

+1.9%

Up 12,994 from Q2 of FY 2018

Total Visitors in Leon County typically increase on average about 30% from Q1 to Q2. Q2 2019 was up 7.3% from Q2 2017 and 3% higher than Q2 2016.

198,539

1st Quarter 2019

-9.5%

20,870 fewer than in Q4 2018

+6.5%

12,034 more than in Q1 2018

TLH Passengers in Q1 2019 were the most for any Q1 since 2008. During 2015-2019, passengers in Q1 averaged 175,753.

4.1%

1st Quarter 2019

-0.1 pts.

Down from 4.2% in Q4 of 2018

-0.1 pts.

Down from 4.2% in Q1 of 2018

Office Vacancy from Q4 2017 to Q1 2019 averaged 4.2%, a drop of 3.1 points from the annual average vacancy of 7.1% during 2010-2016.
Industrial Vacancy Rate

2.9%

1st Quarter 2019

+0.9 pts.

Up from 2.0% in Q4 of 2018

-0.4 pts.

Down from 3.3% in Q1 of 2018

Industrial Vacancy from Q4 2017 to Q1 2019 averaged 3.6%, a drop of 4.6 points from the annual average vacancy of 8.2% during 2010-2016.