Economic Profile

Latest Current reporting Year level period ago POPULATION Ventura County 708,200 Jan. ’94 699,400 Camarillo 56,500 Jan. ’94 56,140 Fillmore 12,900 Jan. ’94 12,797 Moorpark 27,150 Jan. ’94 26,713 Ojai 7,925 Jan. ’94 7,853 Oxnard 151,900 Jan. ’94 149,400 Port Hueneme 21,850 Jan. ’94 20,471 Santa Paula 26,850 Jan. ’94 26,732 Simi Valley 103,700 Jan. ’94 102,900 Thousand Oaks 110,300 Jan. ’94 109,100 Ventura 97,000 Jan. ’94 96,000 EMPLOYMENT Agriculture 14,100 Sept. 16,600 Oil & gas extraction 2,100 Sept. 2,200 Construction 10,500 Sept. 9,600 Durable manufacturing 29,200 Sept. 30,700 Electronic equipment 9,200 Sept. 9,700 Non-durable manufacturing 8,800 Sept. 9,000 Transportation & public utilities 10,300 Sept. 10,100 Wholesale trade 11,600 Sept. 11,000 Retail trade 42,700 Sept. 42,300 Finance, insurance & real estate 11,800 Sept. 12,300 Services 64,600 Sept. 64,100 Government 40,500 Sept. 41,000 Total employment in county 237,400 Sept. 239,900 Employed residents 338,900 Sept. 333,900 Unemployment rate 8.9% Sept. 9.6% Total employment California (thousands) 12,416 Sept. 12,422 Nation (millions) 122.9 Sept. 119.6 BUILDING PERMITS Residential permits, single-family Ventura County 1,122 Jan.-Aug. 742 Camarillo 111 Jan.-Aug. 56 Fillmore 31 Jan.-Aug. 44 Moorpark 78 Jan.-Sept. 91 Ojai 3 Jan.-Aug. 4 Oxnard 133 Jan.-Sept. 128 Port Hueneme 0 Jan.-July 16 Santa Paula 4 Jan.-Aug. 8 Simi Valley 67 Jan.-Aug. 78 Thousand Oaks 257 Jan.-Sept. 91 Ventura 355 Jan.-Aug. 100 All residential units, single-family and multiple 1,491 Jan.-Aug. 878 Value of all residential permits (in millions of dollars) Ventura County $263.4 Jan.-Aug. $182.3 Camarillo $29.2 Jan.-Aug. $14.9 Fillmore $4.5 Jan.-Aug. $6.5 Moorpark $26.4 Jan.-Sept. $22.1 Ojai $1.94 Jan.-Aug. $1.14 Oxnard $34.6 Jan.-Sept. $30.2 Port Hueneme $0.5 Jan.-July $2.3 Santa Paula $0.72 Jan.-Aug. $1.72 Simi Valley $19.5 Jan.-Aug. $23.4 Thousand Oaks $57.0 Jan.-Sept. $28.9 Ventura $62.0 Jan.-Aug. $19.4 Value of commercial/industrial permits (in millions of dollars) Ventura County $105.6 Jan.-Aug. $117.8 Camarillo $12.6 Jan.-July $6.4 Fillmore $0.0 Jan.-Aug. $0.1 Moorpark $8.7 Jan.-Sept. $16.8 Ojai $0.1 Jan.-Aug. $0.83 Oxnard $20.2 Jan.-Sept. $45.3 Port Hueneme $0.4 Jan.-July $9.4 Santa Paula $1.51 Jan.-Aug. $1.08 Simi Valley $18.6 Jan.-Aug. $14.0 Thousand Oaks $30.2 Jan.-Sept. $19.3 Ventura $6.6 Jan.-Aug. $10.7 INFLATION RATE Southern California 1.7% Sept. 1.9% RETAIL SALES Cities by quarter (in millions of dollars) Camarillo $53.6 1993 Q4 $53.3 Fillmore $8.6 1993 Q4 $9.6 Moorpark $13.4 1993 Q4 $10.8 Ojai $13.6 1993 Q4 $14.1 Oxnard $243.0 1993 Q4 $218.5 Port Hueneme $10.3 1993 Q4 $11.3 Santa Paula $21.6 1993 Q4 $22.8 Simi Valley $130.0 1993 Q4 $133.8 Thousand Oaks $294.2 1993 Q4 $288.0 Ventura $249.0 1993 Q4 $245.7 HOTEL / MOTEL ROOM SALES (in millions of dollars) Camarillo 1.6 1994 Q2 1.8 Ojai 2.6 1994 Q2 2.6 Oxnard 3.9 1994 Q2 3.9 Santa Paula 0.2 1994 Q2 0.2 Simi Valley 1.5 1994 Q2 0.9 Thousand Oaks 2.5 1994 Q2 2.7 Ventura 4.6 1994 Q2 4.9 MEDIAN HOME PRICES (in thousands of dollars) Ventura County $206.5 Jan.-Sept. $213.7 Camarillo $226.0 Jan.-July $223.5 Fillmore $159.0 Jan.-July $178.9 Moorpark $221.1 Jan.-July $251.2 Ojai $208.4 Jan.-July $206.4 Oxnard $172.5 Jan.-July $176.9 Port Hueneme $145.2 Jan.-July $171.3 Santa Paula $154.2 Jan.-July $157.5 Simi Valley $176.6 Jan.-July $189.3 Thousand Oaks $264.6 Jan.-July $264.4 Ventura $180.4 Jan.-July $188.5 HOME SALES Ventura County 5,543 Jan.-Sept. 4,692 MORTGAGE RATE Southern California average 6.30% 1994 Q2 6.71% HOUSING VACANCY RATE Ventura County 5.0% 1994 4.8% Camarillo 3.5% 1994 3.4% Fillmore 4.0% 1994 3.7% Moorpark 3.6% 1994 3.6% Ojai 2.9% 1994 3.1% Oxnard 5.3% 1994 4.9% Port Hueneme 10.7% 1994 10.6% Santa Paula 5.4% 1994 5.4% Simi Valley 3.3% 1994 3.2% Thousand Oaks 3.0% 1994 3.1% Ventura 5.1% 1994 5.0%

Percent change POPULATION Ventura County +1.3 Camarillo +0.6 Fillmore +0.8 Moorpark +1.6 Ojai +0.9 Oxnard +1.7 Port Hueneme +6.7 Santa Paula +0.4 Simi Valley +0.8 Thousand Oaks +1.1 Ventura +1.0 EMPLOYMENT Agriculture -15.1 Oil & gas extraction -4.5 Construction +9.4 Durable manufacturing -4.9 Electronic equipment -5.2 Non-durable manufacturing -2.2 Transportation & public utilities +2.0 Wholesale trade +5.5 Retail trade +0.9 Finance, insurance & real estate -4.1 Services +0.8 Government -1.2 Total employment in county -1.0 Employed residents +1.5 Unemployment rate -0.7 Total employment California (thousands) -0.1 Nation (millions) +2.8 BUILDING PERMITS Residential permits, single-family Ventura County +51.2 Camarillo +98.2 Fillmore -29.5 Moorpark -14.3 Ojai -25.0 Oxnard +3.9 Port Hueneme -- Santa Paula -50.0 Simi Valley -14.1 Thousand Oaks +182.4 Ventura +255.0 All residential units, single-family and multiple +69.8 Value of all residential permits (in millions of dollars) Ventura County +44.5 Camarillo +95.6 Fillmore -31.3 Moorpark +19.6 Ojai +69.8 Oxnard +14.8 Port Hueneme -78.5 Santa Paula -58.4 Simi Valley -16.5 Thousand Oaks +96.8 Ventura +219.7 Value of commercial/industrial permits (in millions of dollars) Ventura County -10.4 Camarillo +95.4 Fillmore -- Moorpark -47.9 Ojai -88.1 Oxnard -55.3 Port Hueneme -95.8 Santa Paula +39.9 Simi Valley +32.6 Thousand Oaks +56.5 Ventura -38.9 INFLATION RATE Southern California -0.2 RETAIL SALES Cities by quarter (in millions of dollars) Camarillo +0.6 Fillmore -10.4 Moorpark +23.7 Ojai -3.4 Oxnard +11.2 Port Hueneme -8.7 Santa Paula -5.3 Simi Valley -2.8 Thousand Oaks +2.2 Ventura +1.4 HOTEL / MOTEL ROOM SALES (in millions of dollars) Camarillo -9.1 Ojai +1.2 Oxnard -0.5 Santa Paula -20.2 Simi Valley +62.0 Thousand Oaks -7.4 Ventura -6.0 MEDIAN HOME PRICES (in thousands of dollars) Ventura County -3.3 Camarillo +1.1 Fillmore -11.1 Moorpark -12.0 Ojai +1.0 Oxnard -2.5 Port Hueneme -15.2 Santa Paula -2.1 Simi Valley -6.7 Thousand Oaks +0.1 Ventura -4.3 HOME SALES Ventura County +18.1 MORTGAGE RATE Southern California average -0.41 HOUSING VACANCY RATE Ventura County +0.2 Camarillo +0.1 Fillmore +0.3 Moorpark +0.1 Ojai -0.1 Oxnard +0.5 Port Hueneme +0.1 Santa Paula +0.1 Simi Valley +0.1 Thousand Oaks -0.1 Ventura --

Prepared by: UC Santa Barbara Economic Forecast Project