This document summarizes an economic presentation given by Robert A. Kleinhenz, Chief Economist at the Kyser Center for Economic Research. It provides an overview of the U.S., California, and Southern California economies, including statistics on GDP, employment, unemployment, and other indicators. It also includes a forecast projecting continued moderate economic growth in the U.S. and California through 2014.
The document provides an economic outlook and forecasts for the US economy from BBVA Compass. It summarizes that global growth is expected to remain weak in 2016. While the US job market and consumer spending remain strong, private business investment growth is lackluster. Lower oil prices boost energy-intensive industries but hurt the energy sector. Inflation is below target and the Federal Reserve remains cautious about raising interest rates given subpar growth and low inflation. The US dollar is expected to remain strong relative to other currencies.
The document summarizes the state of the Minnesota and U.S. economies following the Great Recession. It finds that while the recession officially ended in 2009, recovery has been slow with real GDP growth below 2% through 2011. Job losses were severe, with Minnesota losing 4.3% of jobs since the recession began. Looking forward, challenges include an aging population, slowing labor force growth, rising healthcare costs, and the need to adapt to lower levels of economic growth and consumption in the new normal. Productivity gains through education, innovation and improving outcomes rather than just cost cutting will be important to economic success. Public sector productivity will also be key.
Your business is impacted daily by internal and external challenges. From the state of the economy, to new regulations, to the driver shortage and more, understanding how each uniquely impacts your operations can mean the difference between failure and success. This general session will feature three of the industry’s favorite data analysts: ATA’s Chief Economist Bob Costello, ATRI President Rebecca Brewster, and AGC Chief Economist Ken Simonson, who will walk you through the numbers associated with trucking and construction’s top issues so you can better understand how to drive your business to success.
Speakers: Rebecca Brewster, President, American Transportation Research Institute Bob Costello, Chief Economist, American Trucking Associations Ken Simonson, Chief Economist, Associated General Contractors
This document is a performance scorecard for Apex Home Loans, Inc. for the month of September 2015. It provides data on funded loan volume, lock volume, top states by volume, and key performance indicators including hedge performance ratio, weighted average credit score, and weighted average LTV. Funded volume for September was $14.31 million, with Maryland, DC, and Delaware making up the top states. The hedge performance ratio was 82.23%, indicating level 1 performance. The weighted average credit score was 744 and weighted average LTV was 77.72% for loans funded in September.
Doug Duncan, Fannie Mae Chief Economist, Presentation at SJREIsjreiassociation
This document provides an economic analysis and overview from Doug Duncan, Chief Economist at Fannie Mae. It summarizes recent economic data on GDP growth, consumer spending, the job market, housing trends, and the Federal Reserve's plans to wind down asset purchases. Overall, it finds the economic recovery is continuing but some measures like housing remain disappointing and long-term unemployment is a challenge.
The document provides an economic outlook and forecasts for the US economy from BBVA Compass. It summarizes that global growth is expected to remain weak in 2016. While the US job market and consumer spending remain strong, private business investment growth is lackluster. Lower oil prices boost energy-intensive industries but hurt the energy sector. Inflation is below target and the Federal Reserve remains cautious about raising interest rates given subpar growth and low inflation. The US dollar is expected to remain strong relative to other currencies.
The document summarizes the state of the Minnesota and U.S. economies following the Great Recession. It finds that while the recession officially ended in 2009, recovery has been slow with real GDP growth below 2% through 2011. Job losses were severe, with Minnesota losing 4.3% of jobs since the recession began. Looking forward, challenges include an aging population, slowing labor force growth, rising healthcare costs, and the need to adapt to lower levels of economic growth and consumption in the new normal. Productivity gains through education, innovation and improving outcomes rather than just cost cutting will be important to economic success. Public sector productivity will also be key.
Your business is impacted daily by internal and external challenges. From the state of the economy, to new regulations, to the driver shortage and more, understanding how each uniquely impacts your operations can mean the difference between failure and success. This general session will feature three of the industry’s favorite data analysts: ATA’s Chief Economist Bob Costello, ATRI President Rebecca Brewster, and AGC Chief Economist Ken Simonson, who will walk you through the numbers associated with trucking and construction’s top issues so you can better understand how to drive your business to success.
Speakers: Rebecca Brewster, President, American Transportation Research Institute Bob Costello, Chief Economist, American Trucking Associations Ken Simonson, Chief Economist, Associated General Contractors
This document is a performance scorecard for Apex Home Loans, Inc. for the month of September 2015. It provides data on funded loan volume, lock volume, top states by volume, and key performance indicators including hedge performance ratio, weighted average credit score, and weighted average LTV. Funded volume for September was $14.31 million, with Maryland, DC, and Delaware making up the top states. The hedge performance ratio was 82.23%, indicating level 1 performance. The weighted average credit score was 744 and weighted average LTV was 77.72% for loans funded in September.
Doug Duncan, Fannie Mae Chief Economist, Presentation at SJREIsjreiassociation
This document provides an economic analysis and overview from Doug Duncan, Chief Economist at Fannie Mae. It summarizes recent economic data on GDP growth, consumer spending, the job market, housing trends, and the Federal Reserve's plans to wind down asset purchases. Overall, it finds the economic recovery is continuing but some measures like housing remain disappointing and long-term unemployment is a challenge.
This document summarizes a presentation about economic research on diversity through international migration. It discusses several topics covered in the research, including measuring diversity through indexes, the impact of migration on wages and employment, productivity and innovation, and trade. It notes that research finds diversity has a small but positive impact on wages and employment, and that among firms that hire skilled immigrants, greater diversity of foreign workers enhances product innovation. Meta-analyses show an increase in the number of immigrants increases trade volumes by around 1-2%. The presentation concludes by discussing the relevance of this research for policies in New Zealand.
Introducing a new offering that will bring families closer to a getaway atmosphere within the confines of a residencebrings another master-planned project that is, Alegria Palms.
Alegria Palms is situated in the serene southeastern coast of Mactan Island boasting of its abundant marine resources. This part of cebu is famed for several beach resorts drawing foreigners and locals alike all-year round.
And because of the natural orientation, Alegria Palms will let you experience the blissful balance of mundane and vacation.
This document provides an overview of the key steps and considerations in formulating an economic research problem. It discusses that formulating the research problem is the most important first step. Some important aspects covered include defining objectives, developing operational definitions, classifying variables, and stating hypotheses. The document emphasizes that formulating a good research problem requires careful thought and is not an easy task. It also explains the different types of variables, scales of measurement, hypotheses, and types of errors to avoid when testing hypotheses.
The document discusses real estate economics, which uses economic principles to analyze how trends impact real estate values. It defines economics as the study of allocating scarce resources. Real estate economics helps people understand fluctuations in real estate activity and markets. The main participants in real estate markets are owners/users, owners, renters, developers, renovators, and facilitators. Real estate markets have zones and neighborhoods and are impacted by the laws of supply and demand.
Multimedia in research: What is it? Why use it? How to use it? ILRI
This document provides an overview of multimedia and how it can be used at ILRI. Multimedia combines different media formats like text, images, and sounds delivered electronically. It makes information more engaging and easier to remember. ILRI uses multimedia for social reporting, showcasing research, and internal communication through videos, photofilms, and slideshows. Staff are encouraged to work with communications to turn existing materials like interviews and photos into multimedia products that tell compelling stories about their work. Challenges include learning new skills, but demand for online video and engaging content will continue rising.
The document discusses the definition and history of towns and urban growth. It defines a town as a permanent settlement that is the focus of inhabitants and economic activity, with a minimum population size that varies by country. Towns emerged around rivers and grew due to agricultural surpluses that allowed specialization of labor. Urban growth is influenced by factors like migration, economic development, location, and infrastructure. The process of urbanization refers to the concentration of people in urban areas and the social and economic changes that accompany this transition from rural to urban living.
This document discusses real estate and land valuation from an economic perspective. It begins by defining land and real estate, then covers classical and neoclassical economic theories related to land. The key principles of land economics are discussed, including supply and demand, anticipation, balance, conformity, and substitution. External factors that can influence land value are also addressed.
Mark Vitner, managing director and senior economist at Wells Fargo, keynoted the 2014 Economic Outlook Briefing, describing trends and the latest economic issues facing the nation and the region.
Based in Charlotte, Vitner writes for the company’s Monthly Economic Outlook report, the Weekly Economic & Financial Commentary, and also provides regular updates on the housing markets, commercial real estate, regional economies, and inflation. Vitner’s commentary has been featured in the New York Times, Wall Street Journal, and Bloomberg, among other publications.
In addition to Vitner’s economic forecast, briefing attendees heard the results of the Chamber’s annual Economic Conditions Survey, an online survey that gauges our community’s thoughts on the current economy based on Chamber member response.
State of Oregon's quarterly economic and revenue forecast release. Still no personal income tax kicker in the baseline, however the threshold is razor thin with one income tax filing season to go. There is a corporate kicker in the forecast, which will be dedicated to education next biennium. This forecast also forms the base of the Governor's Recommended Budget for the 2015-17 biennium.
Economic and Housing Market Trends and OutlookNar Res
Jed Smith, Managing Director, Quantitative Research
NATIONAL ASSOCIATION OF REALTORS®
North Carolina Real Estate Summit
Cary, North Carolina
July 16, 2013
The document provides an economic outlook and analysis for various regions including globally, the US, Canada, and Ontario. It summarizes recent economic growth trends, risks, currency movements, housing, labor, and other indicators. Growth is expected to remain modest globally and many regions face challenges from slowing emerging markets, currency appreciation, weak commodity prices, and lack of pent-up consumer demand. [END SUMMARY]
The document summarizes Utah's economic performance and outlook. It notes that Utah has experienced strong job growth since the recession, ranking 3rd nationally in growth. While the housing market and number of discouraged workers remain issues, key industries like natural resources and construction are growing rapidly. Rising oil prices also pose a potential threat. Overall, the economic fundamentals and diversity of Utah's economy position it for continued growth.
The Oregon Office of Economic Analysis released the latest quarterly economic and revenue forecast to the Governor and Legislature on February 19, 2015. Included are an overview of current economic conditions in the state, an outlook for employment and the General Fund and Lottery Fund forecasts for the state.
Payroll growth in St. Louis continued to keep pace with the national average. The unemployment rate moved up slightly as the labor force continued to expand. Find out more in our monthly Employment Update.
This document contains multiple economic indicators and statistics from various sources:
- The fastest growing economies in 2014 based on real GDP growth were Turkmenistan and Ethiopia at 10.3%, while the largest declines were in Libya and Ukraine at -24% and -6.8% respectively.
- Projections for 2015 global growth show developing regions like India and China growing around 7% while advanced economies are projected around 1-2% growth.
- U.S. data shows profits grew much faster than jobs, incomes, or housing between 2008-2014 as the economy recovered from recession.
Last week, Mr. William Strauss with the Federal Reserve Bank of Chicago presented the 2012 Economic Highlights to the Aurora Regional Chamber membership. This is his presentation.
2012 Aurora Chamber Economic Forecast Presentation presented by William A. St...mscristina
Very interesting presentation prepared by William A. Strauss, Sr. Economist & Economic Advisor with the Federal Reserve Bank of Chicago, and shared with the members of the Aurora Regional Chamber of Commerce at the recent 2012 Economic Forecast Event held in Aurora, IL.
Economic and Financial Outlook - Leslie Preston - TD EconomistWPCoC
This document provides an economic outlook and analysis from TD Economics. It summarizes recent global, US, Canadian and regional economic performance and forecasts. Key points include ongoing struggles for the global economy to accelerate, varied regional growth patterns, China's economic rebalancing, a rebounding US economy, modest Canadian growth supported by exports and consumers, and housing market resilience with slowing price gains. Risks to the outlook include geopolitical issues while upside potential exists if other economies improve more than expected.
Dr. Stephen J. Fuller of George Mason University's Center for Regional Analysis gave a presentation to the Democratic Business Council of Northern Virginia (DemBiz.org) on April 18, 2014. These are the updated slides from the presentation.
Hiring in St. Louis continues to outpace the U.S. as non-farm payrolls grew by 2.6 percent from the previous year. Find out more in our November Employment Update
U.S. employment rate data and trends April 2014JLL
The U.S. economy rebounded in April. It added 288,000 jobs, the highest one-month net change since January 2012, and saw unemployment decline 40 basis points to 6.3 percent, the lowest rate during the recovery so far. The labor force is expected to reach its previous peak in May, as only 113,000 jobs are needed to do so.
At the subsector level, growth was diverse, with all but two components (information, and transportation and warehousing) recording monthly expansion.
See details on the data, including demographic, geographic and industry breakdowns, in this report featuring research from the Bureau of Labor Statistics and JLL.
This document summarizes a presentation about economic research on diversity through international migration. It discusses several topics covered in the research, including measuring diversity through indexes, the impact of migration on wages and employment, productivity and innovation, and trade. It notes that research finds diversity has a small but positive impact on wages and employment, and that among firms that hire skilled immigrants, greater diversity of foreign workers enhances product innovation. Meta-analyses show an increase in the number of immigrants increases trade volumes by around 1-2%. The presentation concludes by discussing the relevance of this research for policies in New Zealand.
Introducing a new offering that will bring families closer to a getaway atmosphere within the confines of a residencebrings another master-planned project that is, Alegria Palms.
Alegria Palms is situated in the serene southeastern coast of Mactan Island boasting of its abundant marine resources. This part of cebu is famed for several beach resorts drawing foreigners and locals alike all-year round.
And because of the natural orientation, Alegria Palms will let you experience the blissful balance of mundane and vacation.
This document provides an overview of the key steps and considerations in formulating an economic research problem. It discusses that formulating the research problem is the most important first step. Some important aspects covered include defining objectives, developing operational definitions, classifying variables, and stating hypotheses. The document emphasizes that formulating a good research problem requires careful thought and is not an easy task. It also explains the different types of variables, scales of measurement, hypotheses, and types of errors to avoid when testing hypotheses.
The document discusses real estate economics, which uses economic principles to analyze how trends impact real estate values. It defines economics as the study of allocating scarce resources. Real estate economics helps people understand fluctuations in real estate activity and markets. The main participants in real estate markets are owners/users, owners, renters, developers, renovators, and facilitators. Real estate markets have zones and neighborhoods and are impacted by the laws of supply and demand.
Multimedia in research: What is it? Why use it? How to use it? ILRI
This document provides an overview of multimedia and how it can be used at ILRI. Multimedia combines different media formats like text, images, and sounds delivered electronically. It makes information more engaging and easier to remember. ILRI uses multimedia for social reporting, showcasing research, and internal communication through videos, photofilms, and slideshows. Staff are encouraged to work with communications to turn existing materials like interviews and photos into multimedia products that tell compelling stories about their work. Challenges include learning new skills, but demand for online video and engaging content will continue rising.
The document discusses the definition and history of towns and urban growth. It defines a town as a permanent settlement that is the focus of inhabitants and economic activity, with a minimum population size that varies by country. Towns emerged around rivers and grew due to agricultural surpluses that allowed specialization of labor. Urban growth is influenced by factors like migration, economic development, location, and infrastructure. The process of urbanization refers to the concentration of people in urban areas and the social and economic changes that accompany this transition from rural to urban living.
This document discusses real estate and land valuation from an economic perspective. It begins by defining land and real estate, then covers classical and neoclassical economic theories related to land. The key principles of land economics are discussed, including supply and demand, anticipation, balance, conformity, and substitution. External factors that can influence land value are also addressed.
Mark Vitner, managing director and senior economist at Wells Fargo, keynoted the 2014 Economic Outlook Briefing, describing trends and the latest economic issues facing the nation and the region.
Based in Charlotte, Vitner writes for the company’s Monthly Economic Outlook report, the Weekly Economic & Financial Commentary, and also provides regular updates on the housing markets, commercial real estate, regional economies, and inflation. Vitner’s commentary has been featured in the New York Times, Wall Street Journal, and Bloomberg, among other publications.
In addition to Vitner’s economic forecast, briefing attendees heard the results of the Chamber’s annual Economic Conditions Survey, an online survey that gauges our community’s thoughts on the current economy based on Chamber member response.
State of Oregon's quarterly economic and revenue forecast release. Still no personal income tax kicker in the baseline, however the threshold is razor thin with one income tax filing season to go. There is a corporate kicker in the forecast, which will be dedicated to education next biennium. This forecast also forms the base of the Governor's Recommended Budget for the 2015-17 biennium.
Economic and Housing Market Trends and OutlookNar Res
Jed Smith, Managing Director, Quantitative Research
NATIONAL ASSOCIATION OF REALTORS®
North Carolina Real Estate Summit
Cary, North Carolina
July 16, 2013
The document provides an economic outlook and analysis for various regions including globally, the US, Canada, and Ontario. It summarizes recent economic growth trends, risks, currency movements, housing, labor, and other indicators. Growth is expected to remain modest globally and many regions face challenges from slowing emerging markets, currency appreciation, weak commodity prices, and lack of pent-up consumer demand. [END SUMMARY]
The document summarizes Utah's economic performance and outlook. It notes that Utah has experienced strong job growth since the recession, ranking 3rd nationally in growth. While the housing market and number of discouraged workers remain issues, key industries like natural resources and construction are growing rapidly. Rising oil prices also pose a potential threat. Overall, the economic fundamentals and diversity of Utah's economy position it for continued growth.
The Oregon Office of Economic Analysis released the latest quarterly economic and revenue forecast to the Governor and Legislature on February 19, 2015. Included are an overview of current economic conditions in the state, an outlook for employment and the General Fund and Lottery Fund forecasts for the state.
Payroll growth in St. Louis continued to keep pace with the national average. The unemployment rate moved up slightly as the labor force continued to expand. Find out more in our monthly Employment Update.
This document contains multiple economic indicators and statistics from various sources:
- The fastest growing economies in 2014 based on real GDP growth were Turkmenistan and Ethiopia at 10.3%, while the largest declines were in Libya and Ukraine at -24% and -6.8% respectively.
- Projections for 2015 global growth show developing regions like India and China growing around 7% while advanced economies are projected around 1-2% growth.
- U.S. data shows profits grew much faster than jobs, incomes, or housing between 2008-2014 as the economy recovered from recession.
Last week, Mr. William Strauss with the Federal Reserve Bank of Chicago presented the 2012 Economic Highlights to the Aurora Regional Chamber membership. This is his presentation.
2012 Aurora Chamber Economic Forecast Presentation presented by William A. St...mscristina
Very interesting presentation prepared by William A. Strauss, Sr. Economist & Economic Advisor with the Federal Reserve Bank of Chicago, and shared with the members of the Aurora Regional Chamber of Commerce at the recent 2012 Economic Forecast Event held in Aurora, IL.
Economic and Financial Outlook - Leslie Preston - TD EconomistWPCoC
This document provides an economic outlook and analysis from TD Economics. It summarizes recent global, US, Canadian and regional economic performance and forecasts. Key points include ongoing struggles for the global economy to accelerate, varied regional growth patterns, China's economic rebalancing, a rebounding US economy, modest Canadian growth supported by exports and consumers, and housing market resilience with slowing price gains. Risks to the outlook include geopolitical issues while upside potential exists if other economies improve more than expected.
Dr. Stephen J. Fuller of George Mason University's Center for Regional Analysis gave a presentation to the Democratic Business Council of Northern Virginia (DemBiz.org) on April 18, 2014. These are the updated slides from the presentation.
Hiring in St. Louis continues to outpace the U.S. as non-farm payrolls grew by 2.6 percent from the previous year. Find out more in our November Employment Update
U.S. employment rate data and trends April 2014JLL
The U.S. economy rebounded in April. It added 288,000 jobs, the highest one-month net change since January 2012, and saw unemployment decline 40 basis points to 6.3 percent, the lowest rate during the recovery so far. The labor force is expected to reach its previous peak in May, as only 113,000 jobs are needed to do so.
At the subsector level, growth was diverse, with all but two components (information, and transportation and warehousing) recording monthly expansion.
See details on the data, including demographic, geographic and industry breakdowns, in this report featuring research from the Bureau of Labor Statistics and JLL.
This document summarizes a presentation given at the 2013 REALTORS® Commercial Economic Issues & Trends Forum in Washington, DC. It features a panel of experts discussing the current state of the commercial real estate market and economy. Some of the key points discussed include record high stock prices but only half of the population having stock exposure; falling unemployment but high numbers of part-time workers; varying job growth across states and metro areas; improving commercial real estate transaction volumes and prices from the previous year; low interest rates encouraging more lending; and legislative/regulatory impacts on the flow of capital into commercial real estate.
The document is an economic and revenue outlook report from Oregon. It provides an overview of Oregon's economic outlook, noting improvements in the Blue Chip consensus forecast for 2014 GDP growth. It discusses industries adding capacity as businesses become profitable and reach capacity constraints. The report examines Oregon's unemployment rates and declining labor force participation. It forecasts expected labor supply response and growth in jobs outpacing growth in the labor force. The report also provides details on Oregon's revenue outlook, personal income tax issues, and a 10-year revenue forecast summary.
The St. Louis labor market continues to be very healthy. Non-farm payrolls in St. Louis rose 3.1 percent year-over-year, the most in 15 years. This led to the unemployment rate to fall below 4.0 percent for the first time since 2000.
D&B’s Chief Economist Paul Ballew highlights the key findings on U.S. businesses for April 2014, in the May edition of U.S. Economic Health Tracker. The Tracker examines three macro indicator dimensions: the Small Business Health Index (SBHI), U.S. Jobs Health and U.S. Business Health Index .
Similar to Real Estate Economics as presented by Robert Kleinhenz, Ph.D (20)
The document discusses internship opportunities at Cphbusiness, a business higher education institution in Copenhagen, Denmark. It provides statistics that the Financial Management programs had 440 internships and the Real Estate programs had 110 internships per year in 2015. It describes the 2-year and 3.5-year Financial Management programs that include compulsory 3-5 month internships in fields like banking, insurance, and accounting. The document also mentions a summer school for Real Estate students involving courses and internships in real estate companies in the San Francisco area.
Academic Senate of the California Community College - Real Estate Discipline Group - Identification of degrees and certificate programs and identifiers
This document discusses the importance of creating and maintaining a budget. It notes that banks may loan more than individuals can afford, so budgeting is necessary to determine spending limits. Maintaining a budget provides financial stability and helps achieve goals. The document then provides tips for creating an effective budget, including tracking spending, prioritizing expenses based on values, and ensuring all household members participate in the budgeting process. Finally, it discusses how lenders evaluate debt-to-income ratios to determine loan eligibility.
CA Bueau of Business Oversight presentation April 17 2015RealEstateEducation
Alana Golden presentation regarding the California Bureau of Business Oversight. April 17, 2015, Real Estate Educators' Conference, Doubletree Inn, Brisbane, CA
Robyn Spiller, Government Field Representative, California Association of Realtors, Presentation
Southern California Real Estate Educators' Conference
Hilton Hotel, Los Angeles Airport
October 3, 2014
New CAR California 2014 Residential Purchase Agreement
by Kevin Hall
Southern California Real Estate Educator's Conference
Hilton Hotel, Los Angeles Airport
Friday, October 3, 2014
California Association of Realtors
Update
California Community College Real Estate Educators' Conference
San Diego Hilton, Mission Bay
February 22, 2013
California Community College Real Estate Educators' Conference, Los Angeles, CA. 2013 Real Estate Economic Forecast presented by Sara Sutachan, Senior Research Fellow, California Association of Realtors.
This document discusses the benefits of obtaining a real estate education from a community college program. In 3 sentences:
A real estate education from a community college can lead to immediate job opportunities in as little as a semester by taking three courses, passing the salesperson exam, and obtaining a job in real estate or a related field. Maintaining vocational real estate education programs fulfills the community college mission of career training and economic development by providing "Jobs, Jobs, Jobs!" Real estate education empowers students to buy or rent housing, transfer to a 4-year program, and become contributing members of society and the local economy.
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UPRAHUL
This Dissertation explores the particular circumstances of Mirzapur, a region located in the
core of India. Mirzapur, with its varied terrains and abundant biodiversity, offers an optimal
environment for investigating the changes in vegetation cover dynamics. Our study utilizes
advanced technologies such as GIS (Geographic Information Systems) and Remote sensing to
analyze the transformations that have taken place over the course of a decade.
The complex relationship between human activities and the environment has been the focus
of extensive research and worry. As the global community grapples with swift urbanization,
population expansion, and economic progress, the effects on natural ecosystems are becoming
more evident. A crucial element of this impact is the alteration of vegetation cover, which plays a
significant role in maintaining the ecological equilibrium of our planet.Land serves as the foundation for all human activities and provides the necessary materials for
these activities. As the most crucial natural resource, its utilization by humans results in different
'Land uses,' which are determined by both human activities and the physical characteristics of the
land.
The utilization of land is impacted by human needs and environmental factors. In countries
like India, rapid population growth and the emphasis on extensive resource exploitation can lead
to significant land degradation, adversely affecting the region's land cover.
Therefore, human intervention has significantly influenced land use patterns over many
centuries, evolving its structure over time and space. In the present era, these changes have
accelerated due to factors such as agriculture and urbanization. Information regarding land use and
cover is essential for various planning and management tasks related to the Earth's surface,
providing crucial environmental data for scientific, resource management, policy purposes, and
diverse human activities.
Accurate understanding of land use and cover is imperative for the development planning
of any area. Consequently, a wide range of professionals, including earth system scientists, land
and water managers, and urban planners, are interested in obtaining data on land use and cover
changes, conversion trends, and other related patterns. The spatial dimensions of land use and
cover support policymakers and scientists in making well-informed decisions, as alterations in
these patterns indicate shifts in economic and social conditions. Monitoring such changes with the
help of Advanced technologies like Remote Sensing and Geographic Information Systems is
crucial for coordinated efforts across different administrative levels. Advanced technologies like
Remote Sensing and Geographic Information Systems
9
Changes in vegetation cover refer to variations in the distribution, composition, and overall
structure of plant communities across different temporal and spatial scales. These changes can
occur natural.
Chapter wise All Notes of First year Basic Civil Engineering.pptxDenish Jangid
Chapter wise All Notes of First year Basic Civil Engineering
Syllabus
Chapter-1
Introduction to objective, scope and outcome the subject
Chapter 2
Introduction: Scope and Specialization of Civil Engineering, Role of civil Engineer in Society, Impact of infrastructural development on economy of country.
Chapter 3
Surveying: Object Principles & Types of Surveying; Site Plans, Plans & Maps; Scales & Unit of different Measurements.
Linear Measurements: Instruments used. Linear Measurement by Tape, Ranging out Survey Lines and overcoming Obstructions; Measurements on sloping ground; Tape corrections, conventional symbols. Angular Measurements: Instruments used; Introduction to Compass Surveying, Bearings and Longitude & Latitude of a Line, Introduction to total station.
Levelling: Instrument used Object of levelling, Methods of levelling in brief, and Contour maps.
Chapter 4
Buildings: Selection of site for Buildings, Layout of Building Plan, Types of buildings, Plinth area, carpet area, floor space index, Introduction to building byelaws, concept of sun light & ventilation. Components of Buildings & their functions, Basic concept of R.C.C., Introduction to types of foundation
Chapter 5
Transportation: Introduction to Transportation Engineering; Traffic and Road Safety: Types and Characteristics of Various Modes of Transportation; Various Road Traffic Signs, Causes of Accidents and Road Safety Measures.
Chapter 6
Environmental Engineering: Environmental Pollution, Environmental Acts and Regulations, Functional Concepts of Ecology, Basics of Species, Biodiversity, Ecosystem, Hydrological Cycle; Chemical Cycles: Carbon, Nitrogen & Phosphorus; Energy Flow in Ecosystems.
Water Pollution: Water Quality standards, Introduction to Treatment & Disposal of Waste Water. Reuse and Saving of Water, Rain Water Harvesting. Solid Waste Management: Classification of Solid Waste, Collection, Transportation and Disposal of Solid. Recycling of Solid Waste: Energy Recovery, Sanitary Landfill, On-Site Sanitation. Air & Noise Pollution: Primary and Secondary air pollutants, Harmful effects of Air Pollution, Control of Air Pollution. . Noise Pollution Harmful Effects of noise pollution, control of noise pollution, Global warming & Climate Change, Ozone depletion, Greenhouse effect
Text Books:
1. Palancharmy, Basic Civil Engineering, McGraw Hill publishers.
2. Satheesh Gopi, Basic Civil Engineering, Pearson Publishers.
3. Ketki Rangwala Dalal, Essentials of Civil Engineering, Charotar Publishing House.
4. BCP, Surveying volume 1
Leveraging Generative AI to Drive Nonprofit InnovationTechSoup
In this webinar, participants learned how to utilize Generative AI to streamline operations and elevate member engagement. Amazon Web Service experts provided a customer specific use cases and dived into low/no-code tools that are quick and easy to deploy through Amazon Web Service (AWS.)
How to Setup Warehouse & Location in Odoo 17 InventoryCeline George
In this slide, we'll explore how to set up warehouses and locations in Odoo 17 Inventory. This will help us manage our stock effectively, track inventory levels, and streamline warehouse operations.
Walmart Business+ and Spark Good for Nonprofits.pdfTechSoup
"Learn about all the ways Walmart supports nonprofit organizations.
You will hear from Liz Willett, the Head of Nonprofits, and hear about what Walmart is doing to help nonprofits, including Walmart Business and Spark Good. Walmart Business+ is a new offer for nonprofits that offers discounts and also streamlines nonprofits order and expense tracking, saving time and money.
The webinar may also give some examples on how nonprofits can best leverage Walmart Business+.
The event will cover the following::
Walmart Business + (https://business.walmart.com/plus) is a new shopping experience for nonprofits, schools, and local business customers that connects an exclusive online shopping experience to stores. Benefits include free delivery and shipping, a 'Spend Analytics” feature, special discounts, deals and tax-exempt shopping.
Special TechSoup offer for a free 180 days membership, and up to $150 in discounts on eligible orders.
Spark Good (walmart.com/sparkgood) is a charitable platform that enables nonprofits to receive donations directly from customers and associates.
Answers about how you can do more with Walmart!"
Communicating effectively and consistently with students can help them feel at ease during their learning experience and provide the instructor with a communication trail to track the course's progress. This workshop will take you through constructing an engaging course container to facilitate effective communication.
Main Java[All of the Base Concepts}.docxadhitya5119
This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
Strategies for Effective Upskilling is a presentation by Chinwendu Peace in a Your Skill Boost Masterclass organisation by the Excellence Foundation for South Sudan on 08th and 09th June 2024 from 1 PM to 3 PM on each day.
Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) CurriculumMJDuyan
(𝐓𝐋𝐄 𝟏𝟎𝟎) (𝐋𝐞𝐬𝐬𝐨𝐧 𝟏)-𝐏𝐫𝐞𝐥𝐢𝐦𝐬
𝐃𝐢𝐬𝐜𝐮𝐬𝐬 𝐭𝐡𝐞 𝐄𝐏𝐏 𝐂𝐮𝐫𝐫𝐢𝐜𝐮𝐥𝐮𝐦 𝐢𝐧 𝐭𝐡𝐞 𝐏𝐡𝐢𝐥𝐢𝐩𝐩𝐢𝐧𝐞𝐬:
- Understand the goals and objectives of the Edukasyong Pantahanan at Pangkabuhayan (EPP) curriculum, recognizing its importance in fostering practical life skills and values among students. Students will also be able to identify the key components and subjects covered, such as agriculture, home economics, industrial arts, and information and communication technology.
𝐄𝐱𝐩𝐥𝐚𝐢𝐧 𝐭𝐡𝐞 𝐍𝐚𝐭𝐮𝐫𝐞 𝐚𝐧𝐝 𝐒𝐜𝐨𝐩𝐞 𝐨𝐟 𝐚𝐧 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫:
-Define entrepreneurship, distinguishing it from general business activities by emphasizing its focus on innovation, risk-taking, and value creation. Students will describe the characteristics and traits of successful entrepreneurs, including their roles and responsibilities, and discuss the broader economic and social impacts of entrepreneurial activities on both local and global scales.
Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) Curriculum
Real Estate Economics as presented by Robert Kleinhenz, Ph.D
1. Economic Statistics
Kyser Center for Economic Research
Real Estate Educators’ Conference
October 18, 2013
Robert A. Kleinhenz, Ph.D.
Chief Economist, Kyser Center for Economic Research, LAEDC
3. Due to the lapse in government funding, census.gov
sites, services, and all online survey collection
requests will be unavailable until further notice….
4.
5. Special Notice:
This website is currently not
being updated due to the
suspension of Federal
government services….
7. U.S. Unemployment Rate
12%
Seasonally Adjusted, Aug. 2013: 7.3%
10%
8%
6%
4%
2%
Jan-13
Jan-12
Jan-11
Jan-10
Jan-09
Jan-08
Jan-07
Jan-06
Jan-05
Jan-04
Jan-03
Jan-02
Jan-01
Jan-00
Jan-99
Jan-98
Jan-97
Jan-96
Jan-95
Jan-94
Jan-93
Jan-92
Jan-91
Jan-90
0%
Source: US Bureau of Labor Statistics
Kyser Center for Economic Research
8. Employment
Fell Faster and
Longer than
in Prior
Recessions...
…and
Recovered
More Slowly!
108
11/1973 - 3/1975
1/1980-7/1980
106
7/1981-11/1982
7/1990-3/1991
104
3/2001-11/2001
12/2007-6/2009
102
100
98
96
94
92
0
Source: Bureau of Labor Statistics
5 10 15 20 25 30 35 40 45 50 55 60 65 70
9. U.S. Nonfarm Job Growth
600
MTM Changes in Thousands, Seasonally Adjusted
MTM Job Changes
3 per. Mov. Avg. (MTM Job Changes)
400
200
0
-200
-400
-600
Recession Job Losses: 8.7 million
Since December ’09: +6.8 million
Jul-13
Apr-13
Jan-13
Oct-12
Jul-12
Apr-12
Jan-12
Oct-11
Jul-11
Apr-11
Jan-11
Oct-10
Jul-10
Apr-10
Jan-10
Oct-09
Jul-09
Apr-09
Jan-09
Oct-08
Jul-08
Apr-08
Jan-08
-800
Source: US Bureau of Labor Statistics
Kyser Center for Economic Research
10. Gross Domestic Product
Annual % Change, Chain-Type (2005) $
Annual
Quarterly
12.0%
10.0%
Averaging ~2% YTY, need 3.5-4% YTY
8.0%
6.0%
4.0%
2.0%
0.0%
-2.0%
-4.0%
13-Q2
12-Q4
12-Q2
2012
2010
2008
2006
2004
2002
2000
1998
1996
1994
1992
1990
1988
1986
1984
1982
1980
1978
1976
1974
1972
1970
-6.0%
Source: US Bureau of Economic Analysis
Kyser Center for Economic Research
11. Consumer Price Index
% Change from a Year Ago, 100 = 1982-1984
Aug. 2013: All Items +1.5%; Core +1.8%
15.0%
All Items
Core
10.0%
5.0%
0.0%
Jan-80
Jan-81
Jan-82
Jan-83
Jan-84
Jan-85
Jan-86
Jan-87
Jan-88
Jan-89
Jan-90
Jan-91
Jan-92
Jan-93
Jan-94
Jan-95
Jan-96
Jan-97
Jan-98
Jan-99
Jan-00
Jan-01
Jan-02
Jan-03
Jan-04
Jan-05
Jan-06
Jan-07
Jan-08
Jan-09
Jan-10
Jan-11
Jan-12
Jan-13
-5.0%
Source: US Bureau of Labor Statistics
Kyser Center for Economic Research
12. U.S. Total New Vehicle Sales
18
Millions of Vehicles
16
14
12
10
2008
2009
2010
2011
2012
2013
8
6
4
2
0
Jan
Feb
Mar
Apr
May Jun
Jul
Aug Sep
Oct
Nov Dec
Kyser Center for Economic Research
13. U.S. Retail Trade & Food Sales
YTY % Change – Aug. 2013: +4.6%
Jul-13
Jan-13
Jul-12
Jan-12
Jul-11
Jan-11
Jul-10
Jan-10
Jul-09
Jan-09
Jul-08
Jan-08
Jul-07
Jan-07
10.0%
8.0%
6.0%
4.0%
2.0%
0.0%
-2.0%
-4.0%
-6.0%
-8.0%
-10.0%
-12.0%
-14.0%
-16.0%
Source: US Bureau of the Census
Kyser Center for Economic Research
14. Receipts
Outlays
2005
2008
Federal Budget Receipts and
Outlays as % of GDP
26.0
24.0
22.0
20.0
18.0
16.0
14.0
12.0
2015
2014
2013
2012
2011
2010
2009
2007
2006
2004
2003
2002
2001
2000
10.0
Source: Office of Management and Budget
Kyser Center for Economic Research
16. U.S. Economic Forecast
2010
2011
2012
2013f
2014f
GDP - Annual %
Chg.
2.4%
1.8%
2.2%
1.8%
2.4%
Nonfarm Jobs Annual % Chg.
-0.7%
1.2%
1.7%
1.6%
1.7%
Unemployment Rate
9.6%
8.9%
8.1%
7.6%
7.2%
Consumer Prices Annual % Chg.
1.6%
3.2%
2.1%
1.4%
1.7%
Forecast Source: LAEDC
Kyser Center for Economic Research
17. U.S. Recap
Labor Market
Quality of jobs
Healing Consumer Sector
Housing continues to improve, Durable goods up
Business Sector
Investment spending interest sensitive
Government
Federal budget cuts = drag; but will cut deficit
State/local fiscal situation improving
International Trade
Trading partner economies improving
Kyser Center for Economic Research
19. California Growth Tracks U.S.
US GDP
CA GSP
4.0%
3.0%
2.0%
1.0%
0.0%
-1.0%
-2.0%
-3.0%
-4.0%
-5.0%
2007
2008
2009
2010
2011
2012
2013
2014
Source: US Bureau of Economic Analysis; forecasts by LAEDC
Kyser Center for Economic Research
20. California Unemployment Rate &
Nonfarm Jobs
4.0%
Unemployment Rate in %
YTY % Change, Nonfarm Jobs
14.0%
Aug. 2013: 14.7 million jobs, +1.5% YTY; U.S.: +1.7% YTY
2.0%
12.0%
0.0%
10.0%
-2.0%
8.0%
8.9%
-4.0%
6.0%
Nonfarm YTY % Change
-6.0%
4.0%
Unemployment Rate
2013.07
2013.01
2012.07
2012.01
2011.07
2011.01
2010.07
2010.01
2009.07
2009.01
2008.07
2008.01
2007.07
2.0%
2007.01
-8.0%
Source: CA EDD, Labor Market Information Division
Kyser Center for Economic Research
21. Job Trends by Industry – CA
Aug. 2013: +223,900, +1.5% YTY
Construction
Leisure & Hospitality
Wholesale Trade
Administrative & Support & Waste…
Educational Services
Management of Companies &…
Real Estate & Rental & Leasing
Transportation, Warehousing & Utilities
Professional, Scientific & Technical…
Health Care & Social Assistance
Finance & Insurance
Retail Trade
Nondurable Goods
0.0%
Durable Goods
-0.1%
Information
-0.4%
-0.5%
Government
-2% -1%
0%
5.0%
4.1%
3.1%
3.0%
2.9%
2.8%
2.6%
2.3%
2.0%
1.7%
1.5%
0.2%
1%
2%
3%
4%
5%
6%
Source: CA EDD, Labor Market Information Division
Kyser Center for Economic Research
22. Job Trends by Industry – CA
Aug. 2013: +223,900, +1.5% YTY
Leisure & Hospitality
Construction
Administrative & Support & Waste…
Health Care & Social Assistance
Professional, Scientific & Technical…
Wholesale Trade
Transportation, Warehousing & Utilities
Educational Services
Finance & Insurance
Real Estate & Rental & Leasing
Management of Companies &…
Retail Trade
Nondurable Goods
-0.1
Durable Goods
-1.1
Information
-1.8
Government -12.4
-30
-10
66.2
29.1
27.8
26.4
22.5
21.2
11.4
10
7.9
6.7
5.6
2.8
(thousands)
10
30
50
70
90
Source: CA EDD, Labor Market Information Division
Kyser Center for Economic Research
23. California Professional and Business
Services Employment
Aug. 2013 YTY: +55,900, +2.5%
2,700,000
2,200,000
1,700,000
1,200,000
700,000
Jul-13
Jan13
Jul-12
Jan12
Jul-11
Jan-11
Jul-10
Jan10
Jul-09
Jan09
Jul-08
Jan08
200,000
Source: CA EDD, Labor Market Information Division
Kyser Center for Economic Research
24. California Private Education &
Health Services Employment
Aug. 2013 YTY: Health Svcs. +26,400, +1.7%; Education: +10,000, +2.9%
2,500,000
Education Services
Health Services
2,000,000
1,500,000
1,000,000
500,000
Jul-13
Apr-13
Jan-13
Oct-12
Jul-12
Apr-12
Jan-12
Oct-11
Jul-11
Apr-11
Jan-11
Oct-10
Jul-10
Apr-10
Jan-10
Oct-09
Jul-09
Apr-09
Jan-09
Oct-08
Jul-08
Apr-08
Jan-08
0
Source: CA EDD, Labor Market Information Division
Kyser Center for Economic Research
25. California Leisure and
Hospitality Employment
Aug. 2013 YTY: +66,200; +4.1%
1,800,000
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
Jul-13
Jan-13
Jul-12
Jan-12
Jul-11
Jan-11
Jul-10
Jan-10
Jul-09
Jan-09
Jul-08
Jan-08
200,000
Source: CA EDD, Labor Market Information Division
Kyser Center for Economic Research
26. California Manufacturing Employment
Aug. 2013 YTY: Durable -1,100; -0.1%; Nondurable -100; -0.02%
1,600,000
Durable Goods
Nondurable Goods
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
May-13
Jan-13
Sep-12
May-12
Jan-12
Sep-11
May-11
Jan-11
Sep-10
May-10
Jan-10
Sep-09
May-09
Jan-09
Sep-08
May-08
Jan-08
Sep-07
May-07
Jan-07
0
Source: CA EDD, Labor Market Information Division
Kyser Center for Economic Research
27. Value of Manufacturing Output –
California
250
$ Billions
Durable Goods
225
Nondurable Goods
200
175
150
125
100
75
50
25
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
0
Source: BEA, Global Insight
Kyser Center for Economic Research
28. California Transportation and
Warehousing Employment
Aug. 2013 YTY: +11,400, +2.3%
540,000
490,000
440,000
390,000
340,000
290,000
240,000
190,000
140,000
90,000
Jul-13
Apr-13
Jan-13
Oct-12
Jul-12
Apr-12
Jan-12
Oct-11
Jul-11
Apr-11
Jan-11
Oct-10
Jul-10
Apr-10
Jan-10
Oct-09
Jul-09
Apr-09
Jan-09
Oct-08
Jul-08
Apr-08
Jan-08
40,000
Source: CA EDD, Labor Market Information Division
Kyser Center for Economic Research
29. Job Trends by California Metro Area
Annual % Change in Nonfarm Jobs
Aug. 2013 – California: +223,900 jobs, +1.5% YTY
San Jose
Orange County
San Francisco
Stockton MSA
Ventura
Fresno MSA
Bakersfield
LA
Modesto
San Diego
Oakland
Riverside-San…
Sacramento
0.0%
2.9%
2.2%
2.1%
2.1%
1.8%
1.7%
1.7%
1.7%
1.3%
1.1%
0.8%
0.6%
0.2%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
Source: CA EDD, Labor Market Information Division
Kyser Center for Economic Research
30. Unemployment Rates by MSA
Bay Area
MSA
Aug. '12 Aug. '13
Chg.
Napa
7.4
5.8
-1.6
San Francisco-Oakland-Fremont
7.1
5.4
-1.7
San Jose-Sunnyvale-Santa Clara
8.7
6.8
-1.9
Santa Rosa-Petaluma
8.6
6.6
-2.0
Vallejo-Fairfield
10.1
8.2
-1.9
Source: US Bureau of Labor Statistics
Kyser Center for Economic Research
31. Unemployment Rates by MSA
Central Valley
MSA
Aug. '12 Aug. '13
Chg.
Bakersfield-Delano
12.3
10.9
-1.4
Chico
12.1
10.0
-2.1
Fresno
14.2
11.9
-2.3
Merced
15.8
13.3
-2.5
Modesto
14.2
11.9
-2.3
Sacramento--Arden-Arcade--Roseville
10.4
8.5
-1.9
Stockton
14.6
12.2
-2.4
Visalia-Porterville
15.3
13.1
-2.2
Source: US Bureau of Labor Statistics
Kyser Center for Economic Research
32. Unemployment Rates by MSA
Central Coast
MSA
Aug. '12 Aug. '13
Chg.
Salinas
9.3
7.8
-1.5
San Luis Obispo-Paso Robles
8.2
6.6
-1.6
Santa Barbara-Santa Maria-Goleta
7.8
6.3
-1.5
Santa Cruz-Watsonville
9.8
7.9
-1.9
Source: US Bureau of Labor Statistics
Kyser Center for Economic Research
34. Employment Rates by MSA
Southern California
MSA
Aug. '12 Aug. '13
Chg.
Los Angeles-Long Beach-Santa Ana
10.9
10.1
-0.8
Oxnard-Thousand Oaks-Ventura
9.5
7.8
-1.7
Riverside-San Bernardino-Ontario
12.6
10.4
-2.2
San Diego-Carlsbad-San Marcos
9.2
7.4
-1.8
Source: US Bureau of Labor Statistics
Kyser Center for Economic Research
35. Local Unemployment Rates
20%
Aug. 2013
LA - 10.2%
OC - 6.2%
IE - 10.4%
20%
May-13
0%
Jan-13
0%
Sep-12
2%
May-12
2%
Jan-12
4%
Sep-11
4%
May-11
6%
Jan-11
6%
Sep-10
8%
May-10
8%
Jan-10
10%
Sep-09
10%
May-09
12%
Jan-09
12%
Sep-08
14%
May-08
14%
Jan-08
16%
Sep-07
16%
May-07
18%
Jan-07
18%
Source: CA EDD, Labor Market Information Division
Kyser Center for Economic Research
36. Orange
Inland Empire
2007
2009
1,200
Los Angeles
Thousands
2004
Southern California Professional &
Business Services Employment
Ventura
1,000
800
600
400
200
2013 YTD
2012
2011
2010
2008
2006
2005
2003
2002
2001
2000
0
Source: CA EDD, Labor Market Information Division
Kyser Center for Economic Research
37. Southern California Leisure &
Hospitality Employment
2013 YTD
Ventura
2012
2011
San Diego
2010
2009
2008
Inland Empire
2007
2006
Orange
2005
2004
2003
2002
2001
2000
1,000
900
800
700
600
500
400
300
200
100
0
Los Angeles
Thousands
Source: CA EDD, Labor Market Information Division
Kyser Center for Economic Research
38. SoCal Manufacturing Employment
Durable Goods
Nondurable Goods
1,200,000
1,000,000
800,000
600,000
400,000
200,000
2013 YTD
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
0
Source: CA EDD, Labor Market Information Division
Kyser Center for Economic Research
39. Orange
Inland Empire
2009
300
Los Angeles
Thousands
2007
Southern California Transportation and
Warehousing Employment
Ventura
250
200
150
100
50
2013 YTD
2012
2011
2010
2008
2006
2005
2004
2003
2002
2001
2000
0
Source: CA EDD, Labor Market Information Division
Kyser Center for Economic Research
40. International Trade-Related
Employment in LA 5 County Area
Los Angeles County
Orange County
Inland Empire
Ventura County
157,200
7,500
44,500
35,000
Source: LAEDC 2010 Cluster Analysis Project
Kyser Center for Economic Research
41. Annual TEU Throughput
San Pedro Bay Ports
millions of TEUs
August 2013: +2.4% YTD
18
16
15.8
14
14.3
14.2
11.8
14.3
14.1
14.0
14.1
2010
2011
2012 2013F
13.1
12
10
15.7
11.8
8
6
4
2
0
2003
2004
2005
2006
2007
2008
2009
Source: Ports of Los Angeles and Long Beach; forecast by LAEDC
Kyser Center for Economic Research
42. L.A. County Motion Picture & Sound
Recording Employment
Aug. 2013 YTY: -6,800 jobs, -5.6%
160,000
140,000
120,000
100,000
80,000
60,000
40,000
20,000
Jul-13
Apr-13
Jan-13
Oct-12
Jul-12
Apr-12
Jan-12
Oct-11
Jul-11
Apr-11
Jan-11
Oct-10
Jul-10
Apr-10
Jan-10
Oct-09
Jul-09
Apr-09
Jan-09
Oct-08
Jul-08
Apr-08
Jan-08
0
Source: CA EDD, Labor Market Information Division
Kyser Center for Economic Research
43. Where is the Motion Picture & Sound
Industry Located?
Share of employment in U.S.
LA
34.6%
59.3%
Rest of CA
Rest of US
6.1%
Source: CA EDD, Labor Market Information Division
Kyser Center for Economic Research
44. On-Location Film Production
Days by Type
60
50
Production Days,1000s
Feature Films
Television
Commercials
Other
2012: + 1.7% YTY
2013: +11.9% YTD (Q3)
40
30
20
10
0
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2012 2013
YTD YTD
Source: Film LA
Kyser Center for Economic Research
45. Home Sales & Median Prices – CA
Existing Detached Homes – September 2013
Price: $428,810 +24.4% YTY - - - Sales: 412,880 -2.6% YTY
Sales (000s)
700
Price ($000s)
600
500
400
300
200
100
Source: California Association of Realtors
2013.01
2012.01
2011.01
2010.01
2009.01
2008.01
2007.01
2006.01
2005.01
2004.01
2003.01
0
46. Home Sales & Median Prices
Los Angeles County
New and existing, single-family homes and condos
12,000
$600
Sep. 2013: $425,000, +25.0% YTY, Sales: 5.0% YTY
10,000
$500
8,000
$400
6,000
$300
4,000
$200
2,000
$100
Home Sales
Median Home Price
0
Jan-06 Jan-07 Jan-08 Jan-09 Jan-10
Source: CA Real Estate Research Council; DataQuick
$0
Jan-11
Jan-12
Jan-13
Kyser Center for Economic Research
47. Home Sales & Median Prices
Orange County
New and existing, single-family homes and condos
(Sales)
(Price, Thousands)
5,000
4,500
$700
Sep. 2013: $550,000, +22.2% YTY, Sales: +8.9% YTY
$600
4,000
$500
3,500
3,000
$400
2,500
$300
2,000
1,500
$200
1,000
Home Sales
500
0
Jan-07
Jan-08
Jan-09
Jan-10
Source: CA Real Estate Research Council; DataQuick
$100
Median Home Price
$0
Jan-11
Jan-12
Jan-13
Kyser Center for Economic Research
48. Home Sales & Median Prices
Riverside County
New and existing, single-family homes and condos
(Sales)
(Price, Thousands)
7,000
$450
Sep. 2013: $269,000, +26.6% YTY, Sales: 7.6% YTY
6,000
$400
$350
5,000
$300
4,000
$250
3,000
$200
$150
2,000
$100
1,000
0
Jan-06 Jan-07 Jan-08 Jan-09 Jan-10
Source: CA Real Estate Research Council; DataQuick
Home Sales
Median Home Price
$50
$0
Jan-11
Jan-12
Jan-13
Kyser Center for Economic Research
49. Home Sales & Median Prices
San Bernardino County
New and existing, single-family homes and condos
(Sales)
(Price, Thousands)
5,000
4,500
$400
Sep. 2013: $225,000, +32.4% YTY, Sales: 15.4% YTY
4,000
$350
$300
3,500
3,000
$250
2,500
$200
2,000
$150
1,500
$100
1,000
Home Sales
Median Home Price
500
0
Jan-06 Jan-07 Jan-08 Jan-09 Jan-10
Source: CA Real Estate Research Council; DataQuick
$50
$0
Jan-11
Jan-12
Jan-13
Kyser Center for Economic Research
50. Home Sales & Median Prices
Ventura County
New and existing, single-family homes and condos
(Sales)
(Price, Thousands)
1,400
$700
Sep. 2013: $445,000, +18.8% YTY, Sales: +0.2% YTY
1,200
$600
1,000
$500
800
$400
600
$300
400
$200
200
0
Jan-06
Home Sales
Median Home Price
$100
$0
Jan-07
Jan-08
Jan-09
Jan-10
Jan-11
Jan-12
Jan-13
Source: CA Real Estate Research Council; DataQuick
Kyser Center for Economic Research
51. Unsold Inventory (Months)
Existing Single Family Homes
County/Region
Los Angeles
Aug-12
3.0
Jul-13
2.9
Aug-13
2.9
Orange County
3.6
3.0
3.3
Riverside County
3.2
3.1
3.2
San Bernardino
3.4
3.1
3.0
San Diego
3.7
3.3
3.4
Ventura
4.0
3.5
3.2
Source: CA Association of Realtors
Kyser Center for Economic Research
52. 16,000
Southern California Unsold
New Housing
Total Units
Ventura
14,000
San Bernardino
12,000
Riverside
10,000
Orange
Los Angeles
8,000
6,000
4,000
2,000
0
07Q1
08Q1
09Q1
10Q1
11Q1
12Q1
13Q1
Source: CA Real Estate Research Council
Kyser Center for Economic Research
53. L.A. Five-County Region Apartment
Vacancy Rates & Average Rental Rates
Vacancy Rates
Rental Rates
9.0%
$1,500
8.0%
$1,450
7.0%
6.0%
$1,400
5.0%
$1,350
4.0%
3.0%
$1,300
2.0%
$1,250
1.0%
$1,200
1Q07
2Q07
3Q07
4Q07
1Q08
2Q08
3Q08
4Q08
1Q09
2Q09
3Q09
4Q09
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
2Q12
3Q12
4Q12
1Q13
2Q13
0.0%
Note: For Apartments with > 100 units
Source: Real Facts; CA Real Estate Research Council
Kyser Center for Economic Research
54. Office Vacancy Rates in
Southern California
26.0
% Vacant, Quarterly Averages
22.0
18.0
14.0
10.0
6.0
2.0
07Q1
08Q1
Los Angeles
09Q1
Orange
10Q1
Inland Empire
11Q1
Ventura
12Q1
13Q1
San Diego
Source: Grubb and Ellis Research Services; CA Real Estate Research Council
Kyser Center for Economic Research
55. Industrial Vacancy Rates –
Southern California
% Vacant, Quarterly Averages
14.0
12.0
10.0
8.0
6.0
4.0
2.0
Los Angeles
Orange
Inland Empire
Ventura
2Q13
1Q13
4Q12
3q12
2q12
1q12
4q11
3q11
2q11
1q11
4q10
3q10
2q10
1q10
4q09
3q09
2q09
1q09
4q08
3q08
2q08
1q08
4q07
3q07
0.0
San Diego
Source: Grubb and Ellis Research Services
Kyser Center for Economic Research
56. Residential Building Permits
Issued in California
250
Permits issued, Thousands
Multi-Family
Single-Family
200
61.5
53.7
56.9
150
43.9
56.3
100
50
54.5
44.6
123.9
155.3
138.8 151.4
41.0
108.0
31.9
33.5
19.5
33.1
11.0
25.5
25.1
21.8
26.1
'08
'09
'10
'11
'12
68.4
0
'02
'03
'04
'05
'06
'07
25.6
66.6
41.0
'13f
'14f
Source: CIRB; CA Homebuilding Foundation; forecast by LAEDC
Kyser Center for Economic Research
57. Residential Building Permits
Issued in Orange County
14.0
Permits Issued, Thousands
Multi-Family
12.0
Single-Family
10.0
5.6
8.0
3.7
2.7
6.5
4.9
6.0
5.9
3.1
4.6
4.9
4.0
5.9
6.4
5.6
2.0
2.9
4.4
4.1
1.9
3.7
2.2
0.0
'01
'02
'03
3.8
'04
'05
'06
'07
0.8
1.7
3.8
1.3
1.4
1.5
1.9
'09
'10
'11
'12
'13f
'14f
2.3
'08
4.3
Source: CIRB; CA Homebuilding Foundation; forecast by LAEDC
Kyser Center for Economic Research
59. Residential Building Permits
Issued in Ventura County
5.0
Permits Issued, Thousands
Multi-Family
4.5
Single-Family
4.0
3.5
1.9
0.3
3.0
1.3
2.5
0.3
0.9
2.0
1.5
0.9
3.2
2.2
1.0
2.6
2.3
1.7
1.1
1.6
0.5
0.7
0.0
'01
'02
'03
'04
'05
'06
'07
0.5
0.2
0.2
0.5
0.4
0.2
0.2
0.2
0.1
0.3
0.3
'12
'13f
0.3
'08
'09
'10
'11
0.3
0.4
'14f
Source: CIRB; CA Homebuilding Foundation; forecast by LAEDC
Kyser Center for Economic Research
60. Residential Building Permits
Issued in San Diego County
20.0
Permits Issued, Thousands
Multi-Family
18.0
Single-Family
16.0
14.0
12.0
8.9
6.3
6.0
7.8
7.4
10.0
8.0
6.0
4.0
5.2
6.0
9.3
9.7
9.5
9.6
4.4
3.9
7.9
4.8
2.0
3.5
'02
'03
'04
'05
'06
'07
4.2
6.0
1.1
2.3
1.2
1.8
2.2
2.4
2.2
'08
'09
'10
'11
'12
0.0
'01
2.9
2.8
3.9
'13f
'14f
Source: CIRB; CA Homebuilding Foundation; forecast by LAEDC
Kyser Center for Economic Research
61. Southern California Construction
Employment
600
Los Angeles
Thousands
Orange
Inland Empire
San Diego
Ventura
500
400
300
200
100
2013 YTD
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
0
Source: CA EDD, Labor Market Information Division
Kyser Center for Economic Research
63. California Economic Forecast
2010
2011
2012
2013f
2014f
Nonfarm Jobs Annual % Chg.
-1.1%
1.2%
2.1%
1.7%
1.7%
Unemployment Rate
12.4%
11.8%
10.5%
9.1%
8.7%
Personal Income Annual % Chg.
3.1%
5.2%
4.0%
2.3%
5.0%
Taxable Retail Sales % Chg.
5.0%
8.8%
6.6%
4.5%
3.1%
Housing Permits thousands of units
44.8
47.3
59.6
82.0
121.0
Forecast Source: LAEDC
Kyser Center for Economic Research
64. California Employment
Annual average in thousands, 2012 benchmark
15,400
Total Nonfarm Employment
Unemployment Rate
14.0%
15,200
12.0%
15,000
14,800
10.0%
14,600
8.0%
14,400
14,200
6.0%
14,000
4.0%
13,800
13,600
2.0%
13,400
13,200
0.0%
'00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13f '14f
Source: CA EDD, Labor Market Information Division; forecast by LAEDC
Kyser Center for Economic Research
65. California Personal Income
& Retail Sales
Total Personal Income
2,000
Taxable Retail Sales Growth
15.0%
Billions of $
1,800
10.0%
1,600
1,400
5.0%
1,200
1,000
0.0%
800
-5.0%
600
400
-10.0%
200
0
-15.0%
'01
'02
'03
'04
'05
'06
'07
08
'09
'10
'11
'12 '13f '14f
Source: CA Board of Equalization, Department of Commerce; estimate & forecast by LAEDC
Kyser Center for Economic Research
66. California Recap
Faster growth than US
But more ground to make up
Silicon Valley/Bay Area Leading
Driving up housing prices
Southern California Mixed
OC in the lead
Housing
Supply-constrained home prices up sharply
Slower gains in 2014 as supply increases
Construction recovering from steep decline
Kyser Center for Economic Research
67. THANK YOU
For Further Insight into the
Local Economy
find our Mid-Year Economic
Forecast & Industry Outlook
online at
www.LAEDC.org/reports
•
Keep up with economic news
and major developments by
subscribing to e-EDGE, our
free weekly economic
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URL: http://www.census.gov/retail/ Create your own time seriesGE 9/13/13
RAK_9/18/13
RAK 10/15/13
RAK4/15/13RAK_9/18/13: CA GSP updated with Sept 2013 CA LTT, US historical updated w July 2013 revisions
KRM/KL 7/9/13GE 9/26/13
Note: Education Services refers to private education (e.g. USC, DeVry). Public education (K-12, community colleges, CSULB, CSU) are included in Government.RAK_4/11/13CaliforniaLabor Market Information Division, All Data ARE Adjusted for SeasonalityGE 08/19/13GE 9/26/13
Note: Education Services refers to private education (e.g. USC, DeVry). Public education (K-12, community colleges, CSULB, CSU) are included in Government.RAK_4/11/13CaliforniaLabor Market Information Division, All Data ARE Adjusted for SeasonalityGE 08/19/13
GE 8/19/13GE 9/26/13
GE 8/19/13GE 9/26/13
GE 9/26/13
GE 8/23/139/26/13
RAK 10/15/13 Real GSP, Manufacturing (Millions 2005$)Real GSPDurables Manufacturing (Millions 2005$)Real GSPNon-Durables Manufacturing (Millions 2005$) Real GSP rescaled to $ Billions for figurePeaksDurable – new peak in 2012Nondurable – peak in 2008