Table 1: Triad Economic Indicators
Indicators |
Mar 2013 |
Feb 2013 |
Jan 2013 |
Mar 2012 |
% Chg |
% Chg |
Piedmont-Triad Bus. Index |
153.9 |
154.1 |
154.2 |
154.5 |
-0.1% |
-0.4% |
NC Business Index |
172.1 |
171.6 |
171.1 |
168.2 |
0.3% |
2.3% |
Unemployment Rate |
9.2 |
9.3 |
9.4 |
9.4 |
-0.1 |
-0.2 |
Initial Claims for Unemployment Ins. |
5,196 |
5,411 |
5,616 |
6,059 |
-4.0% |
-14.2% |
Total Employment (1,000s) |
606.2 |
606.9 |
607.4 |
607.9 |
-0.1% |
-0.3% |
Goods-producing |
103.8 |
103.5 |
103.2 |
104.8 |
0.3% |
-1.0% |
Construction |
20.2 |
20.8 |
21.4 |
23.2 |
-2.9% |
-12.9% |
Manufacturing |
80.8 |
80.7 |
80.6 |
81.6 |
0.1% |
-1.0% |
Service-providing |
502.4 |
503.4 |
504.2 |
503.1 |
-0.2% |
-0.1% |
Wholesale Trade |
26.5 |
26.5 |
26.5 |
26.2 |
0.0% |
1.1% |
Retail Trade |
68.7 |
68.5 |
68.2 |
66.7 |
0.3% |
3.0% |
Transportation |
27.2 |
27.2 |
27.1 |
26.5 |
0.0% |
2.6% |
Information |
7.7 |
7.7 |
7.6 |
7.8 |
0.0% |
-1.3% |
Financial |
31.6 |
31.5 |
31.5 |
32.1 |
0.3% |
-1.6% |
Prof. & Business |
81.5 |
81.9 |
82.2 |
84.4 |
-0.5% |
-3.4% |
Education & Health |
103.2 |
103.2 |
103.2 |
102.6 |
0.0% |
0.6% |
Leisure |
58.9 |
59.0 |
59.1 |
57.9 |
-0.2% |
1.7% |
Other |
21.9 |
21.8 |
21.7 |
21.7 |
0.5% |
0.9% |
Government |
76.6 |
76.8 |
77.0 |
77.1 |
-0.3% |
-0.6% |
Retail Sales ($ millions) |
$1,160.7 |
$1,156.0 |
$1,153.2 |
$1,155.0 |
0.4% |
0.5% |
Residential Building Permits ($1,000s) |
$16,617 |
$17,585 |
$18,518 |
$18,063 |
-5.5% |
-8.0% |
Avg. Existing Home Price |
$168,459 |
$167,870 |
$167,260 |
$159,341 |
0.4% |
5.7% |
No. of Existing Homes Sold |
908 |
897 |
885 |
740 |
1.2% |
22.7% |
Real Estate Foreclosures |
669 |
688 |
708 |
654 |
-2.8% |
2.3% |
Air Passenger Boardings |
73,429 |
73,369 |
73,256 |
77,039 |
0.1% |
-4.7% |
Air Cargo Shipments (1,000s of lbs) |
7,977 |
8,031 |
8,113 |
7,773 |
-0.7% |
2.6% |
NATIONAL INDICATORS: |
||||||
Unemployment Rate |
7.6 |
7.7 |
7.9 |
8.2 |
-0.1 |
-0.6 |
Total Employment (1,000s) |
135,195 |
135,107 |
134,839 |
133,285 |
0.1% |
1.4% |
Goods-producing |
18,652 |
18,636 |
18,563 |
18,402 |
0.1% |
1.4% |
Service-providing |
116,543 |
116,471 |
116,276 |
114,883 |
0.1% |
1.4% |
Retail Sales ($ millions) |
$372,431 |
$372,368 |
$372,168 |
$365,603 |
0.0% |
1.9% |
Res. Bldg. Permits (units in 1,000s) |
918 |
920 |
915 |
726 |
-0.2% |
26.4% |
Consumer Price Index (CPI-U,sa) |
232.8 |
232.2 |
230.3 |
229.4 |
0.3% |
1.5% |
The Conf. Board Leading Eco. Indx. |
94.7 |
94.8 |
94.3 |
93.1 |
-0.1% |
1.7% |
Initial Claims for Unemployment Ins. |
364,700 |
365,900 |
367,300 |
374,900 |
-0.3% |
-2.7% |
ISM Purchasing Managers Index |
51.3 |
54.2 |
53.1 |
53.3 |
-5.4% |
-3.8% |
Policy Uncertainty Index |
153.2 |
135.5 |
164.8 |
139.3 |
13.0% |
10.0% |
All data are statistically adjusted to eliminate statistical aberrations unrelated to trend and cycle. Monetary figures (except for housing prices)
are deflated by the CPI-U to reflect inflation-adjusted 2012 dollars.
Figures are compiled by Dr. G. Donald Jud, Bryan School of Business & Economics, UNCG, E-mail: Juddon@uncg.edu.
