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Economic Profile

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POPULATION

Latest Current reporting Percent level period Year ago change Ventura County 703,000 July ’93 695,300 +1.1 Camarillo 56,140 Jan. ’93 55,502 +1.1 Fillmore 12,797 Jan. ’93 12,431 +2.9 Moorpark 26,713 Jan. ’93 26,173 +2.1 Ojai 7,853 Jan. ’93 7,754 +1.3 Oxnard 149,571 Jan. ’93 146,432 +2.1 Port Hueneme 20,471 Jan. ’93 19,889 +2.9 Santa Paula 26,732 Jan. ’93 25,847 +3.4 Simi Valley 102,982 Jan. ’93 101,799 +1.2 Thousand Oaks 109,214 Jan. ’93 106,557 +2.5 Ventura 96,112 Jan. ’93 94,340 +1.9

EMPLOYMENT

Latest Current reporting Percent level period Year ago change Agriculture 14,800 Dec. 14,500 +2.1 Oil & gas extraction 1,800 Dec. 1,900 -5.3 Construction 10,100 Dec. 10,100 0.0 Durable manufacturing 21,100 Dec. 22,200 -5.0 High technology 9,400 Dec. 9,800 -4.1 Non-durable manufacturing 8,500 Dec. 8,700 -2.3 Transportation & public utilities 9,900 Dec. 10,700 -7.5 Wholesale trade 11,000 Dec. 10,900 +0.9 Retail trade 42,600 Dec. 43,400 -1.8 Finance, insurance & real estate 12,200 Dec. 12,300 -0.8 Services 61,600 Dec. 60,900 +1.1 Government 43,900 Dec. 44,700 -1.8 Employed residents 360,200 Dec. 355,200 +1.4

EMPLOYMENT: Total employment (jobs)

Latest Current reporting Percent level period Year ago change Ventura County 237,500 Dec. 240,300 -1.2 California (thousands) 12,096 Feb. 12,253 -1.3 Nation (millions) 122.3 Feb. 122.0 +0.2 Unemployment rate 7.6% Dec. 8.7% -1.1

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BUILDING PERMITS: Residential permits, single-family units

Latest Current reporting Percent level period Year ago change Ventura County 41 Jan. ’93 56 -26.8 Camarillo 5 Jan. 2 +150.0 Fillmore 0 Jan. 9 -100.0 Moorpark 10 Jan. 5 +100.0 Oxnard 220 Jan.-Dec. 335 -34.3 Simi Valley 0 Jan. 1 -100.0 Ventura 1 Jan. 22 -95.5 All residential permits single-family and multiple units 41 Jan. 56 +151.8

BUILDING PERMITS: Value of all residential permits (in millions of dollars)

Latest Current reporting Percent level period Year ago change Ventura County 21.8 Jan. 14.0 +55.2 Camarillo 1.0 Jan. 0.7 +44.0 Fillmore 0.0 Jan. 1.3 -99.6 Moorpark 3.0 Jan. 1.2 +146.2 Oxnard 46.3 Jan.-Dec. 58.8 -21.3 Port Hueneme 0.0 Jan. 0.0 +32.8 Santa Paula 0.0 Jan. 0.1 -100.0 Simi Valley 0.7 Jan. 0.9 -13.2 Thousand Oaks 3.5 Jan. 0.7 +391.4 Ventura 0.4 Jan. 4.9 -91.2

BUILDING PERMITS: Value of commercial/industrial permits (in millions of dollars)

Latest Current reporting Percent level period Year ago change Ventura County 24.7 Jan. 7.1 +249.3 Camarillo 2.1 Jan. 0.6 +235.9 Moorpark 0.1 Jan. 0.1 +34.7 Oxnard 36.8 Jan.-Dec. 41.7 -11.7 Port Hueneme 0.2 Jan. 0.0 +100.0 Simi Valley 0.4 Jan. 0.6 -32.5 Thousand Oaks 16.2 Jan. 2.8 +469.8 Ventura 0.4 Jan. 1.9 -80.3

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INFLATION RATE

Latest Current reporting Percent level period Year ago change Southern California 1.5% Feb. 3.5% -2.1

RETAIL SALES: Cities by quarter (in millions of dollars)

Latest Current reporting Percent level period Year ago change Camarillo $49.3 1993 Q2 $54.2 -9.1 Fillmore $11.0 1993 Q2 $9.8 +11.6 Moorpark $10.3 1993 Q2 $11.3 -8.8 Ojai $13.9 1993 Q2 $14.5 -4.1 Oxnard $214.0 1993 Q2 $215.9 -0.9 Port Hueneme $10.5 1993 Q2 $12.4 -15.4 Santa Paula $20.9 1993 Q2 $23.5 -11.3 Simi Valley $125.2 1993 Q2 $120.7 +3.7 Thousand Oaks $250.4 1993 Q2 $252.4 -0.8 Ventura $223.6 1993 Q2 $230.7 -3.1

HOTEL / MOTEL ROOM SALES: (In millions of dollars)

Latest Current reporting Percent level period Year ago change Camarillo 1.6 1993 Q4 1.8 -9.1 Ojai 2.0 1993 Q4 1.8 +11.2 Oxnard 3.6 1993 Q4 3.1 +16.1 Santa Paula 0.1 1993 Q4 0.2 -7.3 Simi Valley 1.3 1993 Q4 1.2 +4.0 Thousand Oaks 3.1 1993 Q3 3.2 -3.7 Ventura 4.8 1993 Q3 5.5 -13.2

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MEDIAN HOME PRICES: (In thousands of dollars)

Latest Current reporting Percent level period Year ago change Ventura County $212.4 Jan.-Dec. $218.1 -2.6 Camarillo $224.0 Jan.-Dec. $224.3 -0.1 Fillmore $170.4 Jan.-Dec. $181.3 -6.0 Moorpark $242.6 Jan.-Dec. $240.6 +0.8 Ojai $208.9 Jan.-Dec. $219.9 -5.0 Oxnard $180.3 Jan.-Dec. $186.9 -3.5 Port Hueneme $166.4 Jan.-Dec. $165.1 +0.8 Santa Paula $153.1 Jan.-Dec. $167.9 -8.8 Simi Valley $193.6 Jan.-Dec. $200.5 -3.4 Thousand Oaks $285.5 Jan.-Dec. $284.0 +0.5 Ventura $191.7 Jan.-Dec. $196.1 -2.2

HOME SALES

Latest Current reporting Percent level period Year ago change Ventura County sample 341 Jan. 350 -2.6

MORTGAGE RATE

Latest Current reporting Percent level period Year ago change Southern California average 6.15% 1993 Q4 7.28% -1.1

HOUSING VACANCY RATE

Latest Current reporting Percent level period Year ago change Ventura County 4.8% 1993 4.9% -0.1 Camarillo 3.4% 1993 5.8% -2.4 Fillmore 3.7% 1993 4.0% -0.3 Moorpark 3.6% 1993 3.4% +0.1 Ojai 3.1% 1993 3.3% -0.3 Oxnard 4.9% 1993 4.8% +0.1 Port Hueneme 10.6% 1993 10.3% +0.3 Santa Paula 5.4% 1993 4.9% +0.4 Simi Valley 3.2% 1993 3.1% 0.0 Thousand Oaks 3.1% 1993 3.3% -0.2 Ventura 5.0% 1993 4.9% +0.1

Source: UC Santa Barbara Economic Forecast Project

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