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Economic Forecast for Northeast Louisiana Presented to the Business Outlook Summit Monroe, Louisiana March 29, 2007. Dr. Robert Eisenstadt University of Louisiana-Monroe Dr. John Francis Louisiana Tech University. The measured labor force in NE Louisiana has fallen:. 2005-2006 change - PowerPoint PPT Presentation
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Economic Forecastfor Northeast Louisiana
Presented to the Business Outlook SummitMonroe, LouisianaMarch 29, 2007Dr. Robert EisenstadtUniversity of Louisiana-MonroeDr. John FrancisLouisiana Tech University
The measured labor force in NE Louisiana has fallen:2005-2006 changein labor force = -5.6% in employment = -2.0%
Slides 1 and 2 LF
Use July data tables for slide
Civilian Labor Force data -- July household survey data figures 2004-2006
Civilian Labor ForceJul-06Jul-05Jul-04
RLMA 8131,898139,774139,612
Ouachita70,97374,01773,811
Lincoln17,94118,89118,794
Morehouse11,18212,09412,318
Union10,21810,66210,705
Louisiana1,894,1192,158,9292,098,395
United States153,208,000151,122,000149,217,000
Source: www.laworks.net, Department of Labor
(monthly, not seasonally adjusted)
*July 2006 is a preliminary figure, 2004 and 2005 figures are revised
EmploymentJul-06Jul-05Jul-04
RLMA 8126,795129,363129,011
Ouachita68,68969,30069,348
Lincoln7,0717,4067,336
Morehouse10,56810,91111,031
Union9,8959,9839,990
Louisiana1,827,2222,024,1291,964,192
United States145,606,000143,283,000140,700,000
Source: www.laworks.net, Department of Labor
(monthly, not seasonally adjusted)
*July 2006 is a preliminary figure, 2004 and 2005 figures are revised
UnemploymentJul-06Jul-05Jul-04
RLMA 85,10310,41110,601
Ouachita2,2844,7174,463
Lincoln6661,2521,258
Morehouse6141,1831,287
Union323679715
Louisiana66,897134,800134,203
United States7,602,0007,839,0008,518,000
Source: www.laworks.net, Department of Labor
(monthly, not seasonally adjusted)
*July 2006 is a preliminary figure, 2004 and 2005 figures are revised
Unemployment Rates (%)Jul-06Jul-05Jul-04
RLMA 83.9%7.5%7.6%
Ouachita3.2%6.4%6.0%
Lincoln3.7%6.6%6.7%
Morehouse5.5%9.8%10.4%
Union3.2%6.4%6.7%
Louisiana3.5%6.2%6.4%
United States5.0%5.2%5.7%
Source: www.laworks.net, Department of Labor
(monthly, not seasonally adjusted)Civilian Labor Force data -- July household survey data figures 2004-2006
*July 2006 is a preliminary figure, 2004 and 2005 figures are revisedCivilian Labor ForceJul-06Jul-05Jul-04
RLMA 8131,898139,774139,612
Ouachita70,97374,01773,811
Lincoln17,94118,89118,794
Morehouse11,18212,09412,318
December data is for attendees to have but not for presentationUnion10,21810,66210,705
Same tables as above but December data -- year over yearLouisiana1,894,1192,158,9292,098,395
DEC. of 04 to 06United States153,208,000151,122,000149,217,000
(monthly, not seasonally adjusted)Source: www.laworks.net, Department of Labor
Civilian Labor ForceDec-04Dec-05Dec-06(monthly, not seasonally adjusted)
RLMA 8135,327132,759128,634*July 2006 is a preliminary figure, 2004 and 2005 figures are revised
Ouachita71,95271,71368,468
Lincoln18,50118,22417,634EmploymentJul-06Jul-05Jul-04
Morehouse11,81611,32710,819RLMA 8126,795129,363129,011
Union10,48810,2909,882Ouachita68,68969,30069,348
Louisiana2,073,5411,896,9941,858,131Lincoln7,0717,4067,336
Source: U.S. Dept. of Commerce, Bureau of the Census, and Midyear EstimatesMorehouse10,56810,91111,031
*Dec-06 are preliminary figuresUnion9,8959,9839,990
Louisiana1,827,2222,024,1291,964,192
EmploymentDec-04Dec-05Dec-06United States145,606,000143,283,000140,700,000
RLMA 8126,286125,756122,842Source: www.laworks.net, Department of Labor
Ouachita68,24168,55465,971(monthly, not seasonally adjusted)
Lincoln17,47017,32916,972*July 2006 is a preliminary figure, 2004 and 2005 figures are revised
Morehouse10,70410,57410,054
Union9,8319,8759,503
Louisiana1,963,1331,787,1371,787,911
Source: U.S. Dept. of Commerce, Bureau of the Census, and Midyear Estimates
*Dec-06 are preliminary figures
UnemploymentDec-04Dec-05Dec-06
RLMA 89,0417,0035,792
Ouachita3,7113,1592,497
Lincoln1,031895662
Morehouse1,112753765
Union657415379
Louisiana110,408109,85770,220
Source: U.S. Dept. of Commerce, Bureau of the Census, and Midyear Estimates
*Dec-06 are preliminary figures
Unemployment Rates (%)Dec-04Dec-05Dec-06
RLMA 86.7%5.3%4.5%
Ouachita5.24.43.6
Lincoln5.64.93.8
Morehouse9.46.67.1
Union6.34.03.8
Louisiana5.35.83.8
Source: U.S. Dept. of Commerce, Bureau of the Census, and Midyear Estimates
*Dec-06 are preliminary figures
Slides 1 and 2 LF
000
000
000
000
000
Jul-06
Jul-05
Jul-04
Unemployment in Ne Louisiana
slide 3 and 4 wage and salaries
000
000
000
000
000
000
000
Jul-06
Jul-05
Jul-04
Unemplyment Rates NE LA, LA, US
slide 4.5 and 5 Emp by indust
slide 3 -- current dollar valuesslide 4 -- Constant 2007 $ values)
Estimated Annual Wages (current $)Estimated Annual Wages (constant 2007 $)
2004-QTR 22005-QTR 22006-QTR 22004-QTR 22005-QTR 22006-QTR 2
RLMA 82,963,442,7683,057,447,2143,244,054,892RLMA 8$3,197,485,242$3,203,293,143$3,129,568,060
Ouachita2,013,686,1482,088,272,5402,189,228,184Ouachita$2,172,720,124$2,187,887,031$2,117,409,697
Lincoln481,479,696476,377,236507,826,280Lincoln$519,505,299$499,101,318$484,636,879
Morehouse211,670,100203,393,916199,428,268Morehouse$228,387,073$213,096,185$211,985,389
Union126,313,292129,395,864137,914,140Union$136,289,079$135,568,288$132,630,204
Louisiana57,826,590,71760,896,082,36264,193,286,560Louisiana$62,393,535,110$63,800,938,962$62,391,506,107
Source: www.laworks.netSource: www.laworks.net
Average Weekly Wages (current $)Average Weekly Wage (constant 2007 $)
2004-QTR 22005-QTR 22006-QTR 22004-QTR 22005-QTR 22006-QTR 2
RLMA 8502526557RLMA 8$541$551$562
Ouachita534566589Ouachita$577$593$594
Lincoln510520535Lincoln$550$545$540
Morehouse527517523Morehouse$569$542$528
Union412428469Union$445$448$473
Louisiana592617680Louisiana$639$646$686
Source: www.laworks.net
Average Employment
2004-QTR 22005-QTR 22006-QTR 2
RLMA 8113,615111,739112,003
Ouachita72,45570,91371,478
Lincoln18,15617,62118,254
Morehouse7,7217,5637,333
Union5,8965,8185,655
Louisiana1,878,5261,899,4981,815,421
Source: www.laworks.net
slide 6-7 retail
Make slide 4.5 from below
Net change in employment data from establishment data
year-qtrNew Orleans (RLMA 1)Baton Rouge (RLMA 2)Houma (RLMA 3)Lafayette (RLMA 4)Lake Charles (RLMA 5)Alexandria (RLMA 6)Shreveport (RLMA 7)Monroe (RLMA 8)
2006-2477,750408,22693,150262,194112,994107,051235,175112,003
2005-2605,447392,15488,857248,054113,409104,126230,368111,739
2004-2608,264383,77587,845243,506110,151101,217225,729113,614
net change to State
2005-2006 change-127,69716,0724,29314,140-4152,9254,807264-85,611
2004-2005 change-2,8178,3791,0124,5483,2582,9094,639-1,87520,053
make slide 5 from the boxed table below
2004 to 2006 changes in employment by occupation RLMA 8 (growth industries in yellow)
2004200520062004-2006
REGIONAL LABOR MARKET AREA 8113,615111,739112,003(1,612)
Agriculture, forestry, fishing and hunting2,3972,4472,182(215)
Mining283197236(47)
Utilities91591594025
Construction5,9075,6655,904(3)
Manufacturing12,38812,52611,649(739)
Wholesale trade3,8363,8863,963127
Retail trade14,50414,40114,57773
Transportation and warehousing2,8122,9973,019207
Information2,2062,1082,143(63)
Finance and insurance5,4214,9174,697(724)
Real estate and rental and leasing1,2541,3841,577323
Professional and technical services3,2063,1473,21711
Management of companies and enterprises1,9591,9121,733(226)
Administrative and waste services3,6843,8964,505821
Educational services13,50812,31511,988(1,520)
Health care and social assistance20,07820,39820,844766
Arts, entertainment, and recreation1,0581,0241,10648
Accommodation and food services8,4108,0938,182(228)
Other services, except public administration3,2913,1773,213(78)
Public administration6,4476,2466,232(215)
Tables below are for attendees but not for presentationScroll right for Ouachita, Lincoln, Morehouse, Union Parishes
NAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimatedNAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimated2006-2NAICSTotal UnitsAvg Qtrly EmploymentQtrly wagesAverage weekly wageAnnual Wages $NAICSTOTALAVERAGESECOND QUARTERAVERAGEestimated
2006-2CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $2006-2CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $MOREHOUSE6167,33349,843,176523.00199428268.002006-2CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $annual wages
OUACHITA Parish4,70971,478547,687,4165892,189,228,184Lincoln Parish1,15718,254126,849,405535507,826,280Agriculture, forestry, fishing and hunting11553642,015,5824268,063,328UNION4105,65534,503,352469137,914,140
Agriculture, forestry, fishing and hunting11231791,315,6145655,259,020Agriculture, forestry, fishing and hunting11324002,089,2474028,361,600Mining212***n/aAgriculture, forestry, fishing and hunting1119149929,1234803,719,040
Mining21261271,308,6267935,236,972Mining21121752,615,375115010,465,000Utilities221171732,7377942,931,448Mining21321212,092777848,484
Utilities22245525,277,13873521,097,440Utilities22231331,250,7497235,000,268Construction23473642,435,8035159,747,920Utilities221178478,6554721,914,432
Construction234393,78630,429,902618121,666,896Construction231001,0188,302,31062733,190,872Manufacturing31-3316***n/aConstruction23593752,302,9584729,204,000
Manufacturing31-331607,04878,432,897856313,720,576Manufacturing31-33351,49614,773,58076059,121,920Wholesale trade42242512,602,37179810,415,496Manufacturing31-3315****
Wholesale trade422602,67626,862,129772107,425,344Wholesale trade42568808,350,96573033,404,800Retail trade44-451009855,347,04741821,409,960Wholesale trade4216109635,1544482,539,264
Retail trade44-457409,24947,941,276399191,898,252Retail trade44-451782,31511,446,06938045,744,400Transportation and warehousing48-49311741,428,2926315,709,288Retail trade44-45705743,311,84844413,252,512
Transportation and warehousing48-491391,91117,570,67970770,256,004Transportation and warehousing48-49462932,887,17875811,548,888Information518104652,1684822,606,656Transportation and warehousing48-4927116891,6495913,564,912
Information51911,81116,123,92168564,507,820Information51181831,504,0836326,014,112Finance and insurance52502301,874,7546277,498,920Information51546397,9676651,590,680
Finance and insurance523863,53131,870,506694127,426,728Finance and insurance52946946,662,45873826,632,944Real estate and rental and leasing532692410,3543431,640,912Finance and insurance5223120899,9965773,600,480
Real estate and rental and leasing532291,1797,202,23647028,814,760Real estate and rental and leasing53602541,333,6394045,336,032Professional and technical services5432107634,8904562,537,184Real estate and rental and leasing5371575,828389303,420
Professional and technical services544712,49922,934,13170691,743,288Professional and technical services54934213,404,86762213,616,824Management of companies and enterprises5500000Professional and technical services542394573,8004702,297,360
Management of companies and enterprises55191,42720,761,9591,11983,034,276Management of companies and enterprises557671,161,3331,3334,644,172Administrative and waste services561371296,0953211,185,132Management of companies and enterprises5500000
Administrative and waste services562143,28316,768,63539367,091,388Administrative and waste services56536293,668,07544914,685,892Educational services614***n/aAdministrative and waste services561899534,9834162,141,568
Educational services61356,93260,407,458670241,510,880Educational services61123,61128,666,945611114,728,692Health care and social assistance62761,6229,046,79742936,183,576Educational services614****
Health care and social assistance6256112,779101,955,512614408,007,912Health care and social assistance621073,20319,591,52347178,447,876Arts, entertainment, and recreation71548192,612309771,264Health care and social assistance62351,1066,171,85442924,672,648
Arts, entertainment, and recreation71517922,691,78926110,749,024Arts, entertainment, and recreation71976192,979195770,640Accommodation and food services72304771,091,7181764,365,504Arts, entertainment, and recreation71638130,845265523,640
Accommodation and food services722796,11317,311,92821869,296,968Accommodation and food services72781,6623,653,98816914,605,656Other services, except public administration8151211736,8102692,951,468Accommodation and food services7217232551,1941832,207,712
Other services, except public administration814272,41512,149,02038748,599,460Other services, except public administration81963121,631,7504026,522,048Public administration92344082,786,88252511,138,400Other services, except public administration812462380,2024721,521,728
Public administration92983,12327,698,644682110,754,072Public administration92414233,605,46765614,429,376*Data Non-publishablePublic administration92232921,816,3344787,257,952
*Data Non-publishable
NAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimatedNAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimated2005-2NAICSTotal UnitsAvg Qtrly EmploymentQtrly wagesAverage weekly wageAnnual Wages $NAICSTOTALAVERAGESECOND QUARTERAVERAGEestimated
2005-2CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $2005-2CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $MOREHOUSE6097,56350,848,479517.18203393916.002005-2CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $annual wages
OUACHITA Parish4,59570,913522,068,135566.312,088,272,540Lincoln Parish1,10617,621119,094,309519.90476,377,236Agriculture, forestry, fishing and hunting11543821,908,618384.347,634,472UNION3955,81832,348,966427.70129,395,864
Agriculture, forestry, fishing and hunting1121127915,023554.223,660,092Agriculture, forestry, fishing and hunting11302721,512,658427.796,050,632Mining21****n/aAgriculture, forestry, fishing and hunting11262011,227,334469.704,909,336
Mining2123119998,642645.533,994,568Mining21111081,228,208874.794,912,832Utilities221174760,948791.013,043,792Mining21*****
Utilities22255235,522,152812.2022,088,608Utilities22241301,094,886647.864,379,544Construction23513822,645,953532.8110,583,812Utilities221074468,932487.461,875,728
Construction234333,41125,970,465585.67103,881,860Construction23911,0597,209,452523.6828,837,808Manufacturing31-33****n/aConstruction23513892,154,353426.018,617,412
Manufacturing31-331607,42677,228,283799.98308,913,132Manufacturing31-33371,58816,866,855817.0367,467,420Wholesale trade42222362,356,748768.179,426,992Manufacturing31-33*****
Wholesale trade422562,56922,829,970683.5991,319,880Wholesale trade42588367,229,838665.2428,919,352Retail trade44-451021,1035,409,000377.2221,636,000Wholesale trade421582576,846541.132,307,384
Retail trade44-457109,03044,415,352378.36177,661,408Retail trade44-451732,1119,876,046359.8739,504,184Transportation and warehousing48-49251641,409,524661.135,638,096Retail trade44-45715812,832,633375.0311,330,532
Transportation and warehousing48-491331,87017,138,353704.9968,553,412Transportation and warehousing48-49412992,835,821729.5711,343,284Information5111110806,127563.733,224,508Transportation and warehousing48-49241421,024,377554.924,097,508
Information51901,77615,721,800680.9562,887,200Information51181881,523,440623.346,093,760Finance and insurance52472421,844,941586.447,379,764Information51540387,535745.261,550,140
Finance and insurance523813,72131,406,202649.25125,624,808Finance and insurance52826076,121,820775.8024,487,280Real estate and rental and leasing5326117420,028276.151,680,112Finance and insurance5222156964,813475.753,859,252
Real estate and rental and leasing532189666,161,318490.6324,645,272Real estate and rental and leasing53582591,537,237456.566,148,948Professional and technical services5433105718,681526.512,874,724Real estate and rental and leasing5382167,709248.02270,836
Professional and technical services544702,51520,595,124629.9282,380,496Professional and technical services54853772,814,237574.2211,256,948Management of companies and enterprises550000.000Professional and technical services542165492,346582.661,969,384
Management of companies and enterprises55201,61523,991,2051142.7195,964,820Management of companies and enterprises556601,071,8221374.134,287,288Administrative and waste services561471296,328321.051,185,312Management of companies and enterprises550000.000
Administrative and waste services562063,21614,489,337346.5757,957,348Administrative and waste services56565793,092,349410.8312,369,396Educational services61****n/aAdministrative and waste services5614162697,233331.072,788,932
Educational services61366,95658,490,479646.82233,961,916Educational services6193,59528,179,293602.96112,717,172Health care and social assistance62691,5028,013,758410.4132,055,032Educational services61*****
Health care and social assistance6255012,73998,811,271596.66395,245,084Health care and social assistance621003,02618,215,549463.0572,862,196Arts, entertainment, and recreation71548220,918354.04883,672Health care and social assistance62349184,726,351396.0418,905,404
Arts, entertainment, and recreation71437192,417,184258.619,668,736Arts, entertainment, and recreation71968153,283173.40613,132Accommodation and food services7231468992,736163.173,970,944Arts, entertainment, and recreation71640150,136288.72600,544
Accommodation and food services722675,97715,801,555203.3663,206,220Accommodation and food services72781,6873,499,754159.5813,999,016Other services, except public administration8152205670,753251.692,683,012Accommodation and food services7216309539,130134.212,156,520
Other services, except public administration814232,38211,426,654369.0145,706,616Other services, except public administration81913321,575,474365.036,301,896Public administration92344012,665,836511.3810,663,344Other services, except public administration812461365,037460.321,460,148
Public administration92983,19827,460,736660.53109,842,944Public administration92414263,400,651614.0613,602,604*Data Non-publishablePublic administration92232861,916,687515.527,666,748
*Data Non-publishable
NAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimatedNAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimatedNAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimatedNAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimated
Change 2005 to 2006CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $Change 2005 to 2006CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $Change 2005 to 2006CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $Change 2005 to 2006CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $
Ouachita Parish11456525,619,28123100,955,644Lincoln Parish516337,755,0961531,449,044Lincoln Parish7(230)(1,005,303)6-3,965,648Lincoln Parish15(163)2,154,386418,518,276
Agriculture, forestry, fishing and hunting11252400,591111,598,928Agriculture, forestry, fishing and hunting112128576,589(26)2,310,968Agriculture, forestry, fishing and hunting111(18)106,96442428,856Agriculture, forestry, fishing and hunting11(7)(52)(298,211)10-1,190,296
Mining2138309,9841471,242,404Mining211671,387,1672755,552,168Mining21*****Mining21*****
Utilities22(1)29(245,014)(77)-991,168Utilities22(1)3155,86375620,724Utilities220(3)(28,211)3-112,344Utilities225****
Construction2363754,459,4373217,785,036Construction239(41)1,092,8581034,353,064Construction23(4)(18)(210,150)(18)-835,892Construction238(14)148,60546586,588
Manufacturing31-330(378)1,204,614564,807,444Manufacturing31-33(2)(92)(2,093,275)(57)-8,345,500Manufacturing31-33*****Manufacturing31-33*****
Wholesale trade4241074,032,1598816,105,464Wholesale trade42(2)441,121,127654,485,448Wholesale trade42215245,62330988,504Wholesale trade421234314,803501,257,528
Retail trade44-45302193,525,9242114,236,844Retail trade44-4552041,570,023206,240,216Retail trade44-45(2)(118)(61,953)41-226,040Retail trade44-45(1)(7)479,215691,921,980
Transportation and warehousing48-49641432,32621,702,592Transportation and warehousing48-495(6)51,35728205,604Transportation and warehousing48-4961018,768(30)71,192Transportation and warehousing48-493(26)(132,728)36-532,596
Information51135402,12141,620,620Information510(5)(19,357)9-79,648Information51(3)(6)(153,959)(82)-617,852Information510610,432(80)40,540
Finance and insurance525(190)464,304451,801,920Finance and insurance521287540,638(38)2,145,664Finance and insurance523(12)29,81341119,156Finance and insurance521(36)(64,817)101-258,772
Real estate and rental and leasing53112131,040,918(21)4,169,488Real estate and rental and leasing532(5)(203,598)(53)-812,916Real estate and rental and leasing530(25)(9,674)67-39,200Real estate and rental and leasing53(1)(6)8,11914132,584
Professional and technical services541(16)2,339,007769,362,792Professional and technical services54844590,630482,359,876Professional and technical services54(1)2(83,791)(71)-337,540Professional and technical services5422981,454(113)327,976
Management of companies and enterprises55(1)(188)(3,229,246)(24)-12,930,544Management of companies and enterprises551789,511(41)356,884Management of companies and enterprises5500000Management of companies and enterprises554****
Administrative and waste services568672,279,298469,134,040Administrative and waste services56(3)50575,726382,316,496Administrative and waste services56(1)0(233)(0)-180Administrative and waste services564(63)(162,250)85-647,364
Educational services61(1)(24)1,916,979237,548,964Educational services61316487,65282,011,520Educational services61*****Educational services61*****
Health care and social assistance6211403,144,2411712,762,828Health care and social assistance6271771,375,97485,585,680Health care and social assistance6271201,033,039194,128,544Health care and social assistance6211881,445,503335,767,244
Arts, entertainment, and recreation71873274,60521,080,288Arts, entertainment, and recreation710839,69622157,508Arts, entertainment, and recreation7100(28,306)(45)-112,408Arts, entertainment, and recreation710(2)(19,291)(24)-76,904
Accommodation and food services72121361,510,373156,090,748Accommodation and food services720(25)154,2349606,640Accommodation and food services72(1)998,98213394,560Accommodation and food services721(77)12,0644951,192
Other services, except public administration81433722,366182,892,844Other services, except public administration815(20)56,27637220,152Other services, except public administration81(1)666,05717268,456Other services, except public administration810115,1651261,580
Public administration920(75)237,90821911,128Public administration920(3)204,81642826,772Public administration9207121,04614475,056Public administration9206(100,353)(38)-408,796
slide 8 new car sales
Slide for Ouachita only -- call me at 791-1877 when you get to this one so we can discuss. Thanks, Bob.
Estimated retail activity in Ouachita Parish 2004-2006 (current $)
januaryfebruarymarchaprilmayjunejulyaugustseptemberoctobernovemberdecember
Estimated Retail sales less est motor vehicle sales 2004$142,413,530$143,189,032$169,927,547$159,038,697$152,879,597$167,596,047$155,865,051$151,394,433$165,316,419$142,914,740$153,208,492$207,729,810
Estimated Retail sales less est motor vehicle sales 2005$150,128,101$148,698,605$160,924,892$148,326,265$163,636,768$171,443,904$160,763,229$166,648,609$183,872,271$160,054,175$160,146,052$227,322,628
Estimated Retail sales less est motor vehicle sales 2006$164,345,731$162,486,040$197,695,613$176,551,886$176,453,606$195,119,844$178,908,148$177,323,415$190,517,745$164,299,550$171,864,348$244,015,170
januaryfebruarymarchaprilmayjunejulyaugustseptemberoctobernovemberdecember
%change 2004-20055.42%3.85%-5.30%-6.74%7.04%2.30%3.14%10.08%11.22%11.99%4.53%9.43%
%change 2005-20069.47%9.27%22.85%19.03%7.83%13.81%11.29%6.41%3.61%2.65%7.32%7.34%
3month average change 2005n/an/a1.32%-2.73%-1.67%0.87%4.16%5.17%8.15%11.10%9.25%8.65%
3month average change 20067.81%9.39%13.86%17.05%16.57%13.56%10.98%10.50%7.10%4.22%4.53%5.77%
estimated annual retail sales less auto 20041,911,473,395Ann % changeestimated annual auto sales 2004$233,187,908Ann % change
estimated annual retail sales less auto 20052,001,965,4994.7%estimated annual auto sales 2005$242,787,6544.1%
estimated annual retail sales less auto 20062,199,581,0979.9%estimated annual auto sales 2006$237,312,705-2.3%
Estimated retail activity in Ouachita Parish 2004-2006 (constant 2007 $)
januaryfebruarymarchaprilmayjunejulyaugustseptemberoctobernovemberdecember
recomputed less auto adjusted for inflation 2004$155,652,144$155,659,243$183,543,513$171,233,919$163,645,037$178,830,371$166,576,453$161,713,222$176,212,155$151,536,040$162,365,707$220,955,529
recomputed less auto adjusted for inflation 2005$159,351,493$156,928,972$168,514,087$154,283,706$170,384,259$178,421,538$166,535,567$171,753,284$187,216,748$162,638,183$164,049,207$233,809,640
recomputed less auto adjusted for inflation 2006$167,756,962$165,524,782$200,284,060$177,354,474$176,380,411$194,654,403$177,955,143$176,032,842$190,063,282$164,801,079$172,645,627$244,760,033
januaryfebruarymarchaprilmay
%change 2004-20052.38%0.82%-8.19%-9.90%4.12%-0.23%-0.02%6.21%6.25%7.33%1.04%5.82%
%change 2005-20065.27%5.48%18.85%14.95%3.52%9.10%6.86%2.49%1.52%1.33%5.24%4.68%
3month average change 2005n/an/a-1.67%-5.76%-4.66%-2.00%1.29%1.99%4.14%6.59%4.87%4.73%
3month average change 20064.04%5.52%9.87%13.09%12.44%9.19%6.49%6.15%3.62%1.78%2.70%3.75%
estimated annual retail recomputed adj less auto 20042,047,923,335Ann % changeestimated annual auto sales 2004$249,853,005Ann % change
estimated annual retail recomputed adj less auto 20052,073,886,6831.3%estimated annual auto sales 2005$251,614,0360.7%
estimated annual retail recomputed adj less auto 20062,208,213,0986.5%estimated annual auto sales 2006$238,254,422-5.3%
slide for lincoln only
Estimated retail activity in Lincoln Parish 2004-2006 (current $)
200620052004% chg 05-06% chg 04-05
Lincoln Parish retail sales$1,197,414,920$1,062,981,328$968,462,45112.6%9.8%
less auto and service stations$141,101,410$143,158,210$169,591,465-1.4%-15.6%
Net non-auto retail sales$1,056,313,510$919,823,118$798,870,98614.8%15.1%
Estimated retail activity in Lincoln Parish 2004-2006 (constant 2007 $)
200620052004% chg 05-06% chg 04-05
Lincoln Parish retail sales$1,202,166,567$1,101,625,299$1,037,674,9619.1%6.2%
less auto and service stations$141,661,336$148,362,631$181,711,554-4.5%-18.4%
Net non-auto retail sales$1,060,505,230$953,262,668$855,963,40711.3%11.4%
Real per-capita non-auto estimated retail Sales
constant 07 $OuachitaLincoln
2006$14,742$24,867
2005$13,990$22,639
2004$13,815$20,243
slide 9 new construction
New Vehicle Registrations
Total Vehicle Sales
200420052006chg 04-06
NE LA14,92515,15415,163238
Ouachita6,5276,8626,725198
Lincoln1,9131,9261,97865
Morehouse1,1851,0121,036-149
Union1,0331,057978-55
Louisiana240,203260,050294,25354,050
Total Non-Fleet Car, Van and Light Truck Sales
200420052006chg 04-06
NE LA14,18114,45014,486305
Ouachita6,1086,4086,326218
Lincoln1,7591,8081,82364
Morehouse1,1439881,010-133
Union1,0111,025961-50
Louisiana216,834234,061266,86050,026
Slide 10 population
Total Construction Permits/Projects 2005 and 2006
Cummulative to Date- December 2006
Residential PermitsNumber of ProjectsDwelling UnitsThousands of Square FeetValue (millions $)Value of Permits in January 2007 millions of Constant Dollars ($)
20062005200620052006200520062005%Change20062005
Total Ouachita and Union7615417635461,6031,142$122.7$83.846$123.2$86.9
Ouachita, LA5143975164021,082838$89.9$65.537$90.3$67.9
Union, LA247144247144522304$32.7$18.379$32.8$19.0
* Square Feet in Thousands and Value in $Millions.
*Source: December 2006 Dodge Report
Cummulative to Date- December 2006
Non-Residential PermitsNumber of ProjectsThousands of Square FeetValue (millions $)Value of Permits in January 2007 millions of Constant Dollars ($)
200620052006200520062005%Change20062005
Commercial131223954$25.2$5.6*$25.3$5.8
Manufacturing0000$0.0$0.00$0.0$0.0
Manufacturing0000$0.0$0.00$0.0$0.0
Dormitories02061$0.0$10.4$0.0$10.8
Hospital & Health Treatment533714$5.7$2.5*$5.7$2.6
Public Buildings13627$0.9$3.4-74$0.9$3.5
Religious444492$4.9$6.2-22$4.9$6.4
Amusement04020$0.0$7.9$0.0$8.2
Miscellaneous Non-Res.1189$0.7$0.536$0.7$0.5
* Square Feet in Thousands and Value in $Millions.
* In the %Change Column, increases of 100% or more are indicated by *.
*Source: December 2006 Dodge Report
Make one slide from the data below:
Ouachita and Union ParishNumber of ProjectsThousands of Square FeetValue (millions $)Value of Permits in January 2007 millions of Constant Dollars ($)2007200620052004
20062005200620052006200520062005590456655907actualempl
Total Construction Projects81559620161421$252.6$206.7$253.6$214.24,553.973,846.73predictedempl lagged
Total Building Projects78957320161421$167.5$121.7$168.2$126.1
Residential76154116031142$122.7$83.8$123.2$86.9
Non-residential2832412279$44.8$37.9$45.0$39.3707.25empl chg
Total Non-building2623----$85.1$85.0$85.4$88.130628avg wages
New Residential permits --Ouachita Parish only452396n/an/a$74.7$59.0$75.0$61.121661556.2459552
*Source: December 2006 Dodge Report
LA DOTD New Permit Residential Construction
179.920021.125069483
195.320051.0363543267
201.620061.003968254
202.420071
slide 11 real estate
Can we place this little chart below the bar chart?
Make a Bar Chart for the yellow data below.
Migration and Natural Increase 2000 to 2005
July 1st Population estimates for 2000, 2005, 2006Net International In-MigrationNet Domestic In-Migration
NE LAOuachitaLincolnMorehouseUnionLincoln295-1,818
1-Jul-06306,775149,78842,64729,71522,199Morehouse3-1,460
1-Jul-05306,875148,23742,10829,98922,901Ouachita247-4,134
1-Jul-00311,163147,23242,48230,98322,780Union86-316
Source: U.S. Census BureauLouisiana20,174-89,547
July 1st Estimated Population 2000 to 2006
NE LAOuachitaLincolnMorehouseUnionLouisianaUS
1-Jul-06306,775149,78842,64729,71522,1994,287,768299,398,484
1-Jul-05306,875148,23742,10829,98922,9014,523,628296,507,061
1-Jul-04308,272148,23842,28530,38322,8514,506,685293,638,158
1-Jul-03308,877147,69142,10830,59222,9044,490,380290,796,023
1-Jul-02308,749147,07341,85830,51422,8104,475,003288,125,973
1-Jul-01309,113146,39742,02730,68322,8904,465,258285,226,284
1-Jul-00311,163147,23242,48230,98322,7804,469,495282,216,952
Percent Change in Population
% Change for 2000 to 2005% Change for 2005 to 2006
RLMA 8-1.38%-0.03%
Ouachita0.68%1.05%
Lincoln-0.88%1.28%
Morehouse-3.21%-0.91%
Union0.53%-3.07%
Louisiana1.21%-5.21%
United States5.06%0.98%
Source: U.S. Census Bureau
Cummulative Estimate Components of Population Change: April 1, 2000 to July 1, 2006
Geographic AreaTotal Population Change*Natural IncreaseNet Migration
TotalBirthsDeathsTotalNet International MigrationNet Internal Migration
United States17,973,88210,324,37225,486,56915,162,1977,649,5107,649,510-
.Louisiana-181,190145,355410,364265,009-308,24822,244-330,492
Suggested Citation:
Table 4: Cumulative Estimates of the Components of Population Change for the United States, Regions and States: April 1, 2000 to July 1, 2006 (NST-EST2006-04)
Source: Population Division, U.S. Census Bureau
Release Date: December 22, 2006
data not yet availabe for parishes on census
Migration and Natural Increase 2000 to 2005
Total Population ChangeBirthsDeathsNet International In-MigrationNet Domestic In-MigrationNet Natural (Births minus Deaths)
Caldwell3669704053(35)
East Carroll-6657705398-884231
Franklin-8831,6261,46219-1,046164
Jackson-2621,1091,1070-2412
Lincoln-4012,9171,745295-1,8181,172
Madison-1,27196875425-1,494214
Morehouse-1,0322,3941,9283-1,460466
Ouachita98712,2557,222247-4,1345,033
Richland-4551,5881,3098-720279
Tensas-49349338125-616112
Union981,6881,32686-316362
West Carroll-5087858044-478(19)
Louisiana54,670350,818220,92920,174-89,547129,889
*Source: U.S. Census Bureau
slide 12 Guide plant
first real estate slide is current price data (blue)
Existing home sales: Sold price greater than $50,000 (current $ comparison)*
Yearsold pricedays on mktsellppsqftsold price/ask pricesold ppsqft/ask ppsqfttotal homes soldlistedsold/listed
2003$140,202114$68.8896.3%96.6%1613176691.3%
2004$140,280116$69.8596.4%96.6%1702248268.6%
2005$149,127117$72.9896.5%96.9%1903271570.1%
2006$148,869114$75.0496.3%96.7%1917297864.4%
Existing home sales: Sold price greater than $200,000 (current $ comparison)
Yearsold pricedays on mktsellppsqftsold price/ask pricesold ppsqft/ask ppsqfttotal homes soldlistedsold/listed
2003$277,994139$95.5795.8%96.2%23228681.1%
2004$280,341150$94.0696.0%96.4%25345455.7%
2005$291,031144$98.9196.1%96.8%33856060.4%
2006$288,558140$101.3695.7%96.3%34066751.0%
*data includes Ouachita and contiguous parishes.
second real estate slide is adjusted for inflation (sort of yellow)
Existing home sales: Sold price greater than $50,000 (constant 2007 $)
Yearsold pricedays on mktsellppsqftsell price - asking pricesellppft-askppft
2003$153,613114$75.47-$5,897-$2.63
2004$149,711116$74.55-$5,603-$2.60
2005$153,938117$75.33-$5,526-$2.39
2006$148,869114$75.04-$5,725-$2.58
Existing home sales: Sold price greater than $200,000 (constant 2007 $)
Yearsold pricedays on mktsellppsqftsold price/ask pricesold ppsqft/ask ppsqft
2003$304,585139$104.71-$13,478-$4.15
2004$299,189150$100.38-$12,502-$3.71
2005$300,419144$102.10-$12,256-$3.43
2006$288,558140$101.36-$12,880-$3.87
One slide with both tables below.
Guide plant Closure: approximate long-run impact of closure on region, everything else equal.
Direct effectIndirect effectTotal estimated impactImpact % of NE total
Change in household income$53,000,000$50,164,500$103,164,5003.2%
Change in employment800169424941.9%
avg annual wage/job$66,250
Forecast Medium Term Outcome 2007-08
JobsWage/salary income
gains (construction driven)625$20,085,000
losses
direct loss due to closure of Guide-800($35,609,600)
Medium term (1st year) indirect losses-750($22,971,000)
Net medium term losses-925($38,495,600)
Forecast unempl rate and change in income4.5-5.0%-1.2%
change over 2006 levelsavg week wage
Construction employment + secondary empl625618$20,085,000
Retail Employment399$0
manufacturing-800856($35,609,600)
miscelaneous associated Guide jobs-738.97675589($22,633,380)
total employment (change jobs)-914($38,157,980)
Unemployment rate4.5-5.0%
Wage and Salarytotal ouach wages$3,129,568,060
change in jobsunempl rate
20052006restaurant-319.7278131898
REGIONAL LABOR MARKET AREA 8111,739112,003retail-634.815455103
Agriculture, forestry, fishing and hunting2,4472,182total employment effet2493.52925
Mining197236direct empl-8006028
Utilities915940738.976750.0457019818
Construction5,6655,904
Manufacturing12,52611,649
Wholesale trade3,8863,963guide naics336300
Retail trade14,40114,577
Transportation and warehousing2,9973,019
Information2,1082,143
Finance and insurance4,9174,697
Real estate and rental and leasing1,3841,577
Professional and technical services3,1473,217
Management of companies and enterprises1,9121,733
Administrative and waste services3,8964,505
Educational services12,31511,988
Health care and social assistance20,39820,844
Arts, entertainment, and recreation1,0241,106
Accommodation and food services8,0938,182
Other services, except public administration3,1773,213
Public administration6,2466,232
Unemployment, however, is not the issue it used to be..(figures from July 2006 household survey, not seasonally adjusted)
Chart2
51031041110601
228447174463
66612521258
61411831287
323679715
Jul-06
Jul-05
Jul-04
Unemployment in Ne Louisiana
Slides 1 and 2 LF
Use July data tables for slide
Civilian Labor Force data -- July household survey data figures 2004-2006
Civilian Labor ForceJul-06Jul-05Jul-04
RLMA 8131,898139,774139,612
Ouachita70,97374,01773,811
Lincoln17,94118,89118,794
Morehouse11,18212,09412,318
Union10,21810,66210,705
Louisiana1,894,1192,158,9292,098,395
United States153,208,000151,122,000149,217,000
Source: www.laworks.net, Department of Labor
(monthly, not seasonally adjusted)
*July 2006 is a preliminary figure, 2004 and 2005 figures are revised
EmploymentJul-06Jul-05Jul-04
RLMA 8126,795129,363129,011
Ouachita68,68969,30069,348
Lincoln7,0717,4067,336
Morehouse10,56810,91111,031
Union9,8959,9839,990
Louisiana1,827,2222,024,1291,964,192
United States145,606,000143,283,000140,700,000
Source: www.laworks.net, Department of Labor
(monthly, not seasonally adjusted)
*July 2006 is a preliminary figure, 2004 and 2005 figures are revised
UnemploymentJul-06Jul-05Jul-04
RLMA 85,10310,41110,601
Ouachita2,2844,7174,463
Lincoln6661,2521,258
Morehouse6141,1831,287
Union323679715
Louisiana66,897134,800134,203
United States7,602,0007,839,0008,518,000
Source: www.laworks.net, Department of Labor
(monthly, not seasonally adjusted)
*July 2006 is a preliminary figure, 2004 and 2005 figures are revised
Unemployment Rates (%)Jul-06Jul-05Jul-04
RLMA 83.9%7.5%7.6%
Ouachita3.2%6.4%6.0%
Lincoln3.7%6.6%6.7%
Morehouse5.5%9.8%10.4%
Union3.2%6.4%6.7%
Louisiana3.5%6.2%6.4%
United States5.0%5.2%5.7%
Source: www.laworks.net, Department of Labor
(monthly, not seasonally adjusted)Civilian Labor Force data -- July household survey data figures 2004-2006
*July 2006 is a preliminary figure, 2004 and 2005 figures are revisedCivilian Labor ForceJul-06Jul-05Jul-04
RLMA 8131,898139,774139,612
Ouachita70,97374,01773,811
Lincoln17,94118,89118,794
Morehouse11,18212,09412,318
December data is for attendees to have but not for presentationUnion10,21810,66210,705
Same tables as above but December data -- year over yearLouisiana1,894,1192,158,9292,098,395
DEC. of 04 to 06United States153,208,000151,122,000149,217,000
(monthly, not seasonally adjusted)Source: www.laworks.net, Department of Labor
Civilian Labor ForceDec-04Dec-05Dec-06(monthly, not seasonally adjusted)
RLMA 8135,327132,759128,634*July 2006 is a preliminary figure, 2004 and 2005 figures are revised
Ouachita71,95271,71368,468
Lincoln18,50118,22417,634EmploymentJul-06Jul-05Jul-04
Morehouse11,81611,32710,819RLMA 8126,795129,363129,011
Union10,48810,2909,882Ouachita68,68969,30069,348
Louisiana2,073,5411,896,9941,858,131Lincoln7,0717,4067,336
Source: U.S. Dept. of Commerce, Bureau of the Census, and Midyear EstimatesMorehouse10,56810,91111,031
*Dec-06 are preliminary figuresUnion9,8959,9839,990
Louisiana1,827,2222,024,1291,964,192
EmploymentDec-04Dec-05Dec-06United States145,606,000143,283,000140,700,000
RLMA 8126,286125,756122,842Source: www.laworks.net, Department of Labor
Ouachita68,24168,55465,971(monthly, not seasonally adjusted)
Lincoln17,47017,32916,972*July 2006 is a preliminary figure, 2004 and 2005 figures are revised
Morehouse10,70410,57410,054
Union9,8319,8759,503
Louisiana1,963,1331,787,1371,787,911
Source: U.S. Dept. of Commerce, Bureau of the Census, and Midyear Estimates
*Dec-06 are preliminary figures
UnemploymentDec-04Dec-05Dec-06
RLMA 89,0417,0035,792
Ouachita3,7113,1592,497
Lincoln1,031895662
Morehouse1,112753765
Union657415379
Louisiana110,408109,85770,220
Source: U.S. Dept. of Commerce, Bureau of the Census, and Midyear Estimates
*Dec-06 are preliminary figures
Unemployment Rates (%)Dec-04Dec-05Dec-06
RLMA 86.7%5.3%4.5%
Ouachita5.24.43.6
Lincoln5.64.93.8
Morehouse9.46.67.1
Union6.34.03.8
Louisiana5.35.83.8
Source: U.S. Dept. of Commerce, Bureau of the Census, and Midyear Estimates
*Dec-06 are preliminary figures
Slides 1 and 2 LF
000
000
000
000
000
Jul-06
Jul-05
Jul-04
Unemployment in Ne Louisiana
slide 3 and 4 wage and salaries
000
000
000
000
000
000
000
Jul-06
Jul-05
Jul-04
Unemplyment Rates NE LA, LA, US
slide 4.5 and 5 Emp by indust
slide 3 -- current dollar valuesslide 4 -- Constant 2007 $ values)
Estimated Annual Wages (current $)Estimated Annual Wages (constant 2007 $)
2004-QTR 22005-QTR 22006-QTR 22004-QTR 22005-QTR 22006-QTR 2
RLMA 82,963,442,7683,057,447,2143,244,054,892RLMA 8$3,197,485,242$3,203,293,143$3,129,568,060
Ouachita2,013,686,1482,088,272,5402,189,228,184Ouachita$2,172,720,124$2,187,887,031$2,117,409,697
Lincoln481,479,696476,377,236507,826,280Lincoln$519,505,299$499,101,318$484,636,879
Morehouse211,670,100203,393,916199,428,268Morehouse$228,387,073$213,096,185$211,985,389
Union126,313,292129,395,864137,914,140Union$136,289,079$135,568,288$132,630,204
Louisiana57,826,590,71760,896,082,36264,193,286,560Louisiana$62,393,535,110$63,800,938,962$62,391,506,107
Source: www.laworks.netSource: www.laworks.net
Average Weekly Wages (current $)Average Weekly Wage (constant 2007 $)
2004-QTR 22005-QTR 22006-QTR 22004-QTR 22005-QTR 22006-QTR 2
RLMA 8502526557RLMA 8$541$551$562
Ouachita534566589Ouachita$577$593$594
Lincoln510520535Lincoln$550$545$540
Morehouse527517523Morehouse$569$542$528
Union412428469Union$445$448$473
Louisiana592617680Louisiana$639$646$686
Source: www.laworks.net
Average Employment
2004-QTR 22005-QTR 22006-QTR 2
RLMA 8113,615111,739112,003
Ouachita72,45570,91371,478
Lincoln18,15617,62118,254
Morehouse7,7217,5637,333
Union5,8965,8185,655
Louisiana1,878,5261,899,4981,815,421
Source: www.laworks.net
slide 6-7 retail
Make slide 4.5 from below
Net change in employment data from establishment data
year-qtrNew Orleans (RLMA 1)Baton Rouge (RLMA 2)Houma (RLMA 3)Lafayette (RLMA 4)Lake Charles (RLMA 5)Alexandria (RLMA 6)Shreveport (RLMA 7)Monroe (RLMA 8)
2006-2477,750408,22693,150262,194112,994107,051235,175112,003
2005-2605,447392,15488,857248,054113,409104,126230,368111,739
2004-2608,264383,77587,845243,506110,151101,217225,729113,614
net change to State
2005-2006 change-127,69716,0724,29314,140-4152,9254,807264-85,611
2004-2005 change-2,8178,3791,0124,5483,2582,9094,639-1,87520,053
make slide 5 from the boxed table below
2004 to 2006 changes in employment by occupation RLMA 8 (growth industries in yellow)
2004200520062004-2006
REGIONAL LABOR MARKET AREA 8113,615111,739112,003(1,612)
Agriculture, forestry, fishing and hunting2,3972,4472,182(215)
Mining283197236(47)
Utilities91591594025
Construction5,9075,6655,904(3)
Manufacturing12,38812,52611,649(739)
Wholesale trade3,8363,8863,963127
Retail trade14,50414,40114,57773
Transportation and warehousing2,8122,9973,019207
Information2,2062,1082,143(63)
Finance and insurance5,4214,9174,697(724)
Real estate and rental and leasing1,2541,3841,577323
Professional and technical services3,2063,1473,21711
Management of companies and enterprises1,9591,9121,733(226)
Administrative and waste services3,6843,8964,505821
Educational services13,50812,31511,988(1,520)
Health care and social assistance20,07820,39820,844766
Arts, entertainment, and recreation1,0581,0241,10648
Accommodation and food services8,4108,0938,182(228)
Other services, except public administration3,2913,1773,213(78)
Public administration6,4476,2466,232(215)
Tables below are for attendees but not for presentationScroll right for Ouachita, Lincoln, Morehouse, Union Parishes
NAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimatedNAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimated2006-2NAICSTotal UnitsAvg Qtrly EmploymentQtrly wagesAverage weekly wageAnnual Wages $NAICSTOTALAVERAGESECOND QUARTERAVERAGEestimated
2006-2CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $2006-2CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $MOREHOUSE6167,33349,843,176523.00199428268.002006-2CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $annual wages
OUACHITA Parish4,70971,478547,687,4165892,189,228,184Lincoln Parish1,15718,254126,849,405535507,826,280Agriculture, forestry, fishing and hunting11553642,015,5824268,063,328UNION4105,65534,503,352469137,914,140
Agriculture, forestry, fishing and hunting11231791,315,6145655,259,020Agriculture, forestry, fishing and hunting11324002,089,2474028,361,600Mining212***n/aAgriculture, forestry, fishing and hunting1119149929,1234803,719,040
Mining21261271,308,6267935,236,972Mining21121752,615,375115010,465,000Utilities221171732,7377942,931,448Mining21321212,092777848,484
Utilities22245525,277,13873521,097,440Utilities22231331,250,7497235,000,268Construction23473642,435,8035159,747,920Utilities221178478,6554721,914,432
Construction234393,78630,429,902618121,666,896Construction231001,0188,302,31062733,190,872Manufacturing31-3316***n/aConstruction23593752,302,9584729,204,000
Manufacturing31-331607,04878,432,897856313,720,576Manufacturing31-33351,49614,773,58076059,121,920Wholesale trade42242512,602,37179810,415,496Manufacturing31-3315****
Wholesale trade422602,67626,862,129772107,425,344Wholesale trade42568808,350,96573033,404,800Retail trade44-451009855,347,04741821,409,960Wholesale trade4216109635,1544482,539,264
Retail trade44-457409,24947,941,276399191,898,252Retail trade44-451782,31511,446,06938045,744,400Transportation and warehousing48-49311741,428,2926315,709,288Retail trade44-45705743,311,84844413,252,512
Transportation and warehousing48-491391,91117,570,67970770,256,004Transportation and warehousing48-49462932,887,17875811,548,888Information518104652,1684822,606,656Transportation and warehousing48-4927116891,6495913,564,912
Information51911,81116,123,92168564,507,820Information51181831,504,0836326,014,112Finance and insurance52502301,874,7546277,498,920Information51546397,9676651,590,680
Finance and insurance523863,53131,870,506694127,426,728Finance and insurance52946946,662,45873826,632,944Real estate and rental and leasing532692410,3543431,640,912Finance and insurance5223120899,9965773,600,480
Real estate and rental and leasing532291,1797,202,23647028,814,760Real estate and rental and leasing53602541,333,6394045,336,032Professional and technical services5432107634,8904562,537,184Real estate and rental and leasing5371575,828389303,420
Professional and technical services544712,49922,934,13170691,743,288Professional and technical services54934213,404,86762213,616,824Management of companies and enterprises5500000Professional and technical services542394573,8004702,297,360
Management of companies and enterprises55191,42720,761,9591,11983,034,276Management of companies and enterprises557671,161,3331,3334,644,172Administrative and waste services561371296,0953211,185,132Management of companies and enterprises5500000
Administrative and waste services562143,28316,768,63539367,091,388Administrative and waste services56536293,668,07544914,685,892Educational services614***n/aAdministrative and waste services561899534,9834162,141,568
Educational services61356,93260,407,458670241,510,880Educational services61123,61128,666,945611114,728,692Health care and social assistance62761,6229,046,79742936,183,576Educational services614****
Health care and social assistance6256112,779101,955,512614408,007,912Health care and social assistance621073,20319,591,52347178,447,876Arts, entertainment, and recreation71548192,612309771,264Health care and social assistance62351,1066,171,85442924,672,648
Arts, entertainment, and recreation71517922,691,78926110,749,024Arts, entertainment, and recreation71976192,979195770,640Accommodation and food services72304771,091,7181764,365,504Arts, entertainment, and recreation71638130,845265523,640
Accommodation and food services722796,11317,311,92821869,296,968Accommodation and food services72781,6623,653,98816914,605,656Other services, except public administration8151211736,8102692,951,468Accommodation and food services7217232551,1941832,207,712
Other services, except public administration814272,41512,149,02038748,599,460Other services, except public administration81963121,631,7504026,522,048Public administration92344082,786,88252511,138,400Other services, except public administration812462380,2024721,521,728
Public administration92983,12327,698,644682110,754,072Public administration92414233,605,46765614,429,376*Data Non-publishablePublic administration92232921,816,3344787,257,952
*Data Non-publishable
NAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimatedNAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimated2005-2NAICSTotal UnitsAvg Qtrly EmploymentQtrly wagesAverage weekly wageAnnual Wages $NAICSTOTALAVERAGESECOND QUARTERAVERAGEestimated
2005-2CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $2005-2CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $MOREHOUSE6097,56350,848,479517.18203393916.002005-2CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $annual wages
OUACHITA Parish4,59570,913522,068,135566.312,088,272,540Lincoln Parish1,10617,621119,094,309519.90476,377,236Agriculture, forestry, fishing and hunting11543821,908,618384.347,634,472UNION3955,81832,348,966427.70129,395,864
Agriculture, forestry, fishing and hunting1121127915,023554.223,660,092Agriculture, forestry, fishing and hunting11302721,512,658427.796,050,632Mining21****n/aAgriculture, forestry, fishing and hunting11262011,227,334469.704,909,336
Mining2123119998,642645.533,994,568Mining21111081,228,208874.794,912,832Utilities221174760,948791.013,043,792Mining21*****
Utilities22255235,522,152812.2022,088,608Utilities22241301,094,886647.864,379,544Construction23513822,645,953532.8110,583,812Utilities221074468,932487.461,875,728
Construction234333,41125,970,465585.67103,881,860Construction23911,0597,209,452523.6828,837,808Manufacturing31-33****n/aConstruction23513892,154,353426.018,617,412
Manufacturing31-331607,42677,228,283799.98308,913,132Manufacturing31-33371,58816,866,855817.0367,467,420Wholesale trade42222362,356,748768.179,426,992Manufacturing31-33*****
Wholesale trade422562,56922,829,970683.5991,319,880Wholesale trade42588367,229,838665.2428,919,352Retail trade44-451021,1035,409,000377.2221,636,000Wholesale trade421582576,846541.132,307,384
Retail trade44-457109,03044,415,352378.36177,661,408Retail trade44-451732,1119,876,046359.8739,504,184Transportation and warehousing48-49251641,409,524661.135,638,096Retail trade44-45715812,832,633375.0311,330,532
Transportation and warehousing48-491331,87017,138,353704.9968,553,412Transportation and warehousing48-49412992,835,821729.5711,343,284Information5111110806,127563.733,224,508Transportation and warehousing48-49241421,024,377554.924,097,508
Information51901,77615,721,800680.9562,887,200Information51181881,523,440623.346,093,760Finance and insurance52472421,844,941586.447,379,764Information51540387,535745.261,550,140
Finance and insurance523813,72131,406,202649.25125,624,808Finance and insurance52826076,121,820775.8024,487,280Real estate and rental and leasing5326117420,028276.151,680,112Finance and insurance5222156964,813475.753,859,252
Real estate and rental and leasing532189666,161,318490.6324,645,272Real estate and rental and leasing53582591,537,237456.566,148,948Professional and technical services5433105718,681526.512,874,724Real estate and rental and leasing5382167,709248.02270,836
Professional and technical services544702,51520,595,124629.9282,380,496Professional and technical services54853772,814,237574.2211,256,948Management of companies and enterprises550000.000Professional and technical services542165492,346582.661,969,384
Management of companies and enterprises55201,61523,991,2051142.7195,964,820Management of companies and enterprises556601,071,8221374.134,287,288Administrative and waste services561471296,328321.051,185,312Management of companies and enterprises550000.000
Administrative and waste services562063,21614,489,337346.5757,957,348Administrative and waste services56565793,092,349410.8312,369,396Educational services61****n/aAdministrative and waste services5614162697,233331.072,788,932
Educational services61366,95658,490,479646.82233,961,916Educational services6193,59528,179,293602.96112,717,172Health care and social assistance62691,5028,013,758410.4132,055,032Educational services61*****
Health care and social assistance6255012,73998,811,271596.66395,245,084Health care and social assistance621003,02618,215,549463.0572,862,196Arts, entertainment, and recreation71548220,918354.04883,672Health care and social assistance62349184,726,351396.0418,905,404
Arts, entertainment, and recreation71437192,417,184258.619,668,736Arts, entertainment, and recreation71968153,283173.40613,132Accommodation and food services7231468992,736163.173,970,944Arts, entertainment, and recreation71640150,136288.72600,544
Accommodation and food services722675,97715,801,555203.3663,206,220Accommodation and food services72781,6873,499,754159.5813,999,016Other services, except public administration8152205670,753251.692,683,012Accommodation and food services7216309539,130134.212,156,520
Other services, except public administration814232,38211,426,654369.0145,706,616Other services, except public administration81913321,575,474365.036,301,896Public administration92344012,665,836511.3810,663,344Other services, except public administration812461365,037460.321,460,148
Public administration92983,19827,460,736660.53109,842,944Public administration92414263,400,651614.0613,602,604*Data Non-publishablePublic administration92232861,916,687515.527,666,748
*Data Non-publishable
NAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimatedNAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimatedNAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimatedNAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimated
Change 2005 to 2006CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $Change 2005 to 2006CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $Change 2005 to 2006CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $Change 2005 to 2006CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $
Ouachita Parish11456525,619,28123100,955,644Lincoln Parish516337,755,0961531,449,044Lincoln Parish7(230)(1,005,303)6-3,965,648Lincoln Parish15(163)2,154,386418,518,276
Agriculture, forestry, fishing and hunting11252400,591111,598,928Agriculture, forestry, fishing and hunting112128576,589(26)2,310,968Agriculture, forestry, fishing and hunting111(18)106,96442428,856Agriculture, forestry, fishing and hunting11(7)(52)(298,211)10-1,190,296
Mining2138309,9841471,242,404Mining211671,387,1672755,552,168Mining21*****Mining21*****
Utilities22(1)29(245,014)(77)-991,168Utilities22(1)3155,86375620,724Utilities220(3)(28,211)3-112,344Utilities225****
Construction2363754,459,4373217,785,036Construction239(41)1,092,8581034,353,064Construction23(4)(18)(210,150)(18)-835,892Construction238(14)148,60546586,588
Manufacturing31-330(378)1,204,614564,807,444Manufacturing31-33(2)(92)(2,093,275)(57)-8,345,500Manufacturing31-33*****Manufacturing31-33*****
Wholesale trade4241074,032,1598816,105,464Wholesale trade42(2)441,121,127654,485,448Wholesale trade42215245,62330988,504Wholesale trade421234314,803501,257,528
Retail trade44-45302193,525,9242114,236,844Retail trade44-4552041,570,023206,240,216Retail trade44-45(2)(118)(61,953)41-226,040Retail trade44-45(1)(7)479,215691,921,980
Transportation and warehousing48-49641432,32621,702,592Transportation and warehousing48-495(6)51,35728205,604Transportation and warehousing48-4961018,768(30)71,192Transportation and warehousing48-493(26)(132,728)36-532,596
Information51135402,12141,620,620Information510(5)(19,357)9-79,648Information51(3)(6)(153,959)(82)-617,852Information510610,432(80)40,540
Finance and insurance525(190)464,304451,801,920Finance and insurance521287540,638(38)2,145,664Finance and insurance523(12)29,81341119,156Finance and insurance521(36)(64,817)101-258,772
Real estate and rental and leasing53112131,040,918(21)4,169,488Real estate and rental and leasing532(5)(203,598)(53)-812,916Real estate and rental and leasing530(25)(9,674)67-39,200Real estate and rental and leasing53(1)(6)8,11914132,584
Professional and technical services541(16)2,339,007769,362,792Professional and technical services54844590,630482,359,876Professional and technical services54(1)2(83,791)(71)-337,540Professional and technical services5422981,454(113)327,976
Management of companies and enterprises55(1)(188)(3,229,246)(24)-12,930,544Management of companies and enterprises551789,511(41)356,884Management of companies and enterprises5500000Management of companies and enterprises554****
Administrative and waste services568672,279,298469,134,040Administrative and waste services56(3)50575,726382,316,496Administrative and waste services56(1)0(233)(0)-180Administrative and waste services564(63)(162,250)85-647,364
Educational services61(1)(24)1,916,979237,548,964Educational services61316487,65282,011,520Educational services61*****Educational services61*****
Health care and social assistance6211403,144,2411712,762,828Health care and social assistance6271771,375,97485,585,680Health care and social assistance6271201,033,039194,128,544Health care and social assistance6211881,445,503335,767,244
Arts, entertainment, and recreation71873274,60521,080,288Arts, entertainment, and recreation710839,69622157,508Arts, entertainment, and recreation7100(28,306)(45)-112,408Arts, entertainment, and recreation710(2)(19,291)(24)-76,904
Accommodation and food services72121361,510,373156,090,748Accommodation and food services720(25)154,2349606,640Accommodation and food services72(1)998,98213394,560Accommodation and food services721(77)12,0644951,192
Other services, except public administration81433722,366182,892,844Other services, except public administration815(20)56,27637220,152Other services, except public administration81(1)666,05717268,456Other services, except public administration810115,1651261,580
Public administration920(75)237,90821911,128Public administration920(3)204,81642826,772Public administration9207121,04614475,056Public administration9206(100,353)(38)-408,796
slide 8 new car sales
Slide for Ouachita only -- call me at 791-1877 when you get to this one so we can discuss. Thanks, Bob.
Estimated retail activity in Ouachita Parish 2004-2006 (current $)
januaryfebruarymarchaprilmayjunejulyaugustseptemberoctobernovemberdecember
Estimated Retail sales less est motor vehicle sales 2004$142,413,530$143,189,032$169,927,547$159,038,697$152,879,597$167,596,047$155,865,051$151,394,433$165,316,419$142,914,740$153,208,492$207,729,810
Estimated Retail sales less est motor vehicle sales 2005$150,128,101$148,698,605$160,924,892$148,326,265$163,636,768$171,443,904$160,763,229$166,648,609$183,872,271$160,054,175$160,146,052$227,322,628
Estimated Retail sales less est motor vehicle sales 2006$164,345,731$162,486,040$197,695,613$176,551,886$176,453,606$195,119,844$178,908,148$177,323,415$190,517,745$164,299,550$171,864,348$244,015,170
januaryfebruarymarchaprilmayjunejulyaugustseptemberoctobernovemberdecember
%change 2004-20055.42%3.85%-5.30%-6.74%7.04%2.30%3.14%10.08%11.22%11.99%4.53%9.43%
%change 2005-20069.47%9.27%22.85%19.03%7.83%13.81%11.29%6.41%3.61%2.65%7.32%7.34%
3month average change 2005n/an/a1.32%-2.73%-1.67%0.87%4.16%5.17%8.15%11.10%9.25%8.65%
3month average change 20067.81%9.39%13.86%17.05%16.57%13.56%10.98%10.50%7.10%4.22%4.53%5.77%
estimated annual retail sales less auto 20041,911,473,395Ann % changeestimated annual auto sales 2004$233,187,908Ann % change
estimated annual retail sales less auto 20052,001,965,4994.7%estimated annual auto sales 2005$242,787,6544.1%
estimated annual retail sales less auto 20062,199,581,0979.9%estimated annual auto sales 2006$237,312,705-2.3%
Estimated retail activity in Ouachita Parish 2004-2006 (constant 2007 $)
januaryfebruarymarchaprilmayjunejulyaugustseptemberoctobernovemberdecember
recomputed less auto adjusted for inflation 2004$155,652,144$155,659,243$183,543,513$171,233,919$163,645,037$178,830,371$166,576,453$161,713,222$176,212,155$151,536,040$162,365,707$220,955,529
recomputed less auto adjusted for inflation 2005$159,351,493$156,928,972$168,514,087$154,283,706$170,384,259$178,421,538$166,535,567$171,753,284$187,216,748$162,638,183$164,049,207$233,809,640
recomputed less auto adjusted for inflation 2006$167,756,962$165,524,782$200,284,060$177,354,474$176,380,411$194,654,403$177,955,143$176,032,842$190,063,282$164,801,079$172,645,627$244,760,033
januaryfebruarymarchaprilmay
%change 2004-20052.38%0.82%-8.19%-9.90%4.12%-0.23%-0.02%6.21%6.25%7.33%1.04%5.82%
%change 2005-20065.27%5.48%18.85%14.95%3.52%9.10%6.86%2.49%1.52%1.33%5.24%4.68%
3month average change 2005n/an/a-1.67%-5.76%-4.66%-2.00%1.29%1.99%4.14%6.59%4.87%4.73%
3month average change 20064.04%5.52%9.87%13.09%12.44%9.19%6.49%6.15%3.62%1.78%2.70%3.75%
estimated annual retail recomputed adj less auto 20042,047,923,335Ann % changeestimated annual auto sales 2004$249,853,005Ann % change
estimated annual retail recomputed adj less auto 20052,073,886,6831.3%estimated annual auto sales 2005$251,614,0360.7%
estimated annual retail recomputed adj less auto 20062,208,213,0986.5%estimated annual auto sales 2006$238,254,422-5.3%
slide for lincoln only
Estimated retail activity in Lincoln Parish 2004-2006 (current $)
200620052004% chg 05-06% chg 04-05
Lincoln Parish retail sales$1,197,414,920$1,062,981,328$968,462,45112.6%9.8%
less auto and service stations$141,101,410$143,158,210$169,591,465-1.4%-15.6%
Net non-auto retail sales$1,056,313,510$919,823,118$798,870,98614.8%15.1%
Estimated retail activity in Lincoln Parish 2004-2006 (constant 2007 $)
200620052004% chg 05-06% chg 04-05
Lincoln Parish retail sales$1,202,166,567$1,101,625,299$1,037,674,9619.1%6.2%
less auto and service stations$141,661,336$148,362,631$181,711,554-4.5%-18.4%
Net non-auto retail sales$1,060,505,230$953,262,668$855,963,40711.3%11.4%
Real per-capita non-auto estimated retail Sales
constant 07 $OuachitaLincoln
2006$14,742$24,867
2005$13,990$22,639
2004$13,815$20,243
slide 9 new construction
New Vehicle Registrations
Total Vehicle Sales
200420052006chg 04-06
NE LA14,92515,15415,163238
Ouachita6,5276,8626,725198
Lincoln1,9131,9261,97865
Morehouse1,1851,0121,036-149
Union1,0331,057978-55
Louisiana240,203260,050294,25354,050
Total Non-Fleet Car, Van and Light Truck Sales
200420052006chg 04-06
NE LA14,18114,45014,486305
Ouachita6,1086,4086,326218
Lincoln1,7591,8081,82364
Morehouse1,1439881,010-133
Union1,0111,025961-50
Louisiana216,834234,061266,86050,026
Slide 10 population
Total Construction Permits/Projects 2005 and 2006
Cummulative to Date- December 2006
Residential PermitsNumber of ProjectsDwelling UnitsThousands of Square FeetValue (millions $)Value of Permits in January 2007 millions of Constant Dollars ($)
20062005200620052006200520062005%Change20062005
Total Ouachita and Union7615417635461,6031,142$122.7$83.846$123.2$86.9
Ouachita, LA5143975164021,082838$89.9$65.537$90.3$67.9
Union, LA247144247144522304$32.7$18.379$32.8$19.0
* Square Feet in Thousands and Value in $Millions.
*Source: December 2006 Dodge Report
Cummulative to Date- December 2006
Non-Residential PermitsNumber of ProjectsThousands of Square FeetValue (millions $)Value of Permits in January 2007 millions of Constant Dollars ($)
200620052006200520062005%Change20062005
Commercial131223954$25.2$5.6*$25.3$5.8
Manufacturing0000$0.0$0.00$0.0$0.0
Manufacturing0000$0.0$0.00$0.0$0.0
Dormitories02061$0.0$10.4$0.0$10.8
Hospital & Health Treatment533714$5.7$2.5*$5.7$2.6
Public Buildings13627$0.9$3.4-74$0.9$3.5
Religious444492$4.9$6.2-22$4.9$6.4
Amusement04020$0.0$7.9$0.0$8.2
Miscellaneous Non-Res.1189$0.7$0.536$0.7$0.5
* Square Feet in Thousands and Value in $Millions.
* In the %Change Column, increases of 100% or more are indicated by *.
*Source: December 2006 Dodge Report
Make one slide from the data below:
Ouachita and Union ParishNumber of ProjectsThousands of Square FeetValue (millions $)Value of Permits in January 2007 millions of Constant Dollars ($)2007200620052004
20062005200620052006200520062005590456655907actualempl
Total Construction Projects81559620161421$252.6$206.7$253.6$214.24,553.973,846.73predictedempl lagged
Total Building Projects78957320161421$167.5$121.7$168.2$126.1
Residential76154116031142$122.7$83.8$123.2$86.9
Non-residential2832412279$44.8$37.9$45.0$39.3707.25empl chg
Total Non-building2623----$85.1$85.0$85.4$88.130628avg wages
New Residential permits --Ouachita Parish only452396n/an/a$74.7$59.0$75.0$61.121661556.2459552
*Source: December 2006 Dodge Report
LA DOTD New Permit Residential Construction
179.920021.125069483
195.320051.0363543267
201.620061.003968254
202.420071
slide 11 real estate
Can we place this little chart below the bar chart?
Make a Bar Chart for the yellow data below.
Migration and Natural Increase 2000 to 2005
July 1st Population estimates for 2000, 2005, 2006Net International In-MigrationNet Domestic In-Migration
NE LAOuachitaLincolnMorehouseUnionLincoln295-1,818
1-Jul-06306,775149,78842,64729,71522,199Morehouse3-1,460
1-Jul-05306,875148,23742,10829,98922,901Ouachita247-4,134
1-Jul-00311,163147,23242,48230,98322,780Union86-316
Source: U.S. Census BureauLouisiana20,174-89,547
July 1st Estimated Population 2000 to 2006
NE LAOuachitaLincolnMorehouseUnionLouisianaUS
1-Jul-06306,775149,78842,64729,71522,1994,287,768299,398,484
1-Jul-05306,875148,23742,10829,98922,9014,523,628296,507,061
1-Jul-04308,272148,23842,28530,38322,8514,506,685293,638,158
1-Jul-03308,877147,69142,10830,59222,9044,490,380290,796,023
1-Jul-02308,749147,07341,85830,51422,8104,475,003288,125,973
1-Jul-01309,113146,39742,02730,68322,8904,465,258285,226,284
1-Jul-00311,163147,23242,48230,98322,7804,469,495282,216,952
Percent Change in Population
% Change for 2000 to 2005% Change for 2005 to 2006
RLMA 8-1.38%-0.03%
Ouachita0.68%1.05%
Lincoln-0.88%1.28%
Morehouse-3.21%-0.91%
Union0.53%-3.07%
Louisiana1.21%-5.21%
United States5.06%0.98%
Source: U.S. Census Bureau
Cummulative Estimate Components of Population Change: April 1, 2000 to July 1, 2006
Geographic AreaTotal Population Change*Natural IncreaseNet Migration
TotalBirthsDeathsTotalNet International MigrationNet Internal Migration
United States17,973,88210,324,37225,486,56915,162,1977,649,5107,649,510-
.Louisiana-181,190145,355410,364265,009-308,24822,244-330,492
Suggested Citation:
Table 4: Cumulative Estimates of the Components of Population Change for the United States, Regions and States: April 1, 2000 to July 1, 2006 (NST-EST2006-04)
Source: Population Division, U.S. Census Bureau
Release Date: December 22, 2006
data not yet availabe for parishes on census
Migration and Natural Increase 2000 to 2005
Total Population ChangeBirthsDeathsNet International In-MigrationNet Domestic In-MigrationNet Natural (Births minus Deaths)
Caldwell3669704053(35)
East Carroll-6657705398-884231
Franklin-8831,6261,46219-1,046164
Jackson-2621,1091,1070-2412
Lincoln-4012,9171,745295-1,8181,172
Madison-1,27196875425-1,494214
Morehouse-1,0322,3941,9283-1,460466
Ouachita98712,2557,222247-4,1345,033
Richland-4551,5881,3098-720279
Tensas-49349338125-616112
Union981,6881,32686-316362
West Carroll-5087858044-478(19)
Louisiana54,670350,818220,92920,174-89,547129,889
*Source: U.S. Census Bureau
slide 12 Guide plant
first real estate slide is current price data (blue)
Existing home sales: Sold price greater than $50,000 (current $ comparison)*
Yearsold pricedays on mktsellppsqftsold price/ask pricesold ppsqft/ask ppsqfttotal homes soldlistedsold/listed
2003$140,202114$68.8896.3%96.6%1613176691.3%
2004$140,280116$69.8596.4%96.6%1702248268.6%
2005$149,127117$72.9896.5%96.9%1903271570.1%
2006$148,869114$75.0496.3%96.7%1917297864.4%
Existing home sales: Sold price greater than $200,000 (current $ comparison)
Yearsold pricedays on mktsellppsqftsold price/ask pricesold ppsqft/ask ppsqfttotal homes soldlistedsold/listed
2003$277,994139$95.5795.8%96.2%23228681.1%
2004$280,341150$94.0696.0%96.4%25345455.7%
2005$291,031144$98.9196.1%96.8%33856060.4%
2006$288,558140$101.3695.7%96.3%34066751.0%
*data includes Ouachita and contiguous parishes.
second real estate slide is adjusted for inflation (sort of yellow)
Existing home sales: Sold price greater than $50,000 (constant 2007 $)
Yearsold pricedays on mktsellppsqftsell price - asking pricesellppft-askppft
2003$153,613114$75.47-$5,897-$2.63
2004$149,711116$74.55-$5,603-$2.60
2005$153,938117$75.33-$5,526-$2.39
2006$148,869114$75.04-$5,725-$2.58
Existing home sales: Sold price greater than $200,000 (constant 2007 $)
Yearsold pricedays on mktsellppsqftsold price/ask pricesold ppsqft/ask ppsqft
2003$304,585139$104.71-$13,478-$4.15
2004$299,189150$100.38-$12,502-$3.71
2005$300,419144$102.10-$12,256-$3.43
2006$288,558140$101.36-$12,880-$3.87
One slide with both tables below.
Guide plant Closure: approximate long-run impact of closure on region, everything else equal.
Direct effectIndirect effectTotal estimated impactImpact % of NE total
Change in household income$53,000,000$50,164,500$103,164,5003.2%
Change in employment800169424941.9%
avg annual wage/job$66,250
Forecast Medium Term Outcome 2007-08
JobsWage/salary income
gains (construction driven)625$20,085,000
losses
direct loss due to closure of Guide-800($35,609,600)
Medium term (1st year) indirect losses-750($22,971,000)
Net medium term losses-925($38,495,600)
Forecast unempl rate and change in income4.5-5.0%-1.2%
change over 2006 levelsavg week wage
Construction employment + secondary empl625618$20,085,000
Retail Employment399$0
manufacturing-800856($35,609,600)
miscelaneous associated Guide jobs-738.97675589($22,633,380)
total employment (change jobs)-914($38,157,980)
Unemployment rate4.5-5.0%
Wage and Salarytotal ouach wages$3,129,568,060
change in jobsunempl rate
20052006restaurant-319.7278131898
REGIONAL LABOR MARKET AREA 8111,739112,003retail-634.815455103
Agriculture, forestry, fishing and hunting2,4472,182total employment effet2493.52925
Mining197236direct empl-8006028
Utilities915940738.976750.0457019818
Construction5,6655,904
Manufacturing12,52611,649
Wholesale trade3,8863,963guide naics336300
Retail trade14,40114,577
Transportation and warehousing2,9973,019
Information2,1082,143
Finance and insurance4,9174,697
Real estate and rental and leasing1,3841,577
Professional and technical services3,1473,217
Management of companies and enterprises1,9121,733
Administrative and waste services3,8964,505
Educational services12,31511,988
Health care and social assistance20,39820,844
Arts, entertainment, and recreation1,0241,106
Accommodation and food services8,0938,182
Other services, except public administration3,1773,213
Public administration6,2466,232
Chart3
0.0390.0750.076
0.0320.0640.06
0.0370.0660.067
0.0550.0980.104
0.0320.0640.067
0.0350.0620.064
0.050.0520.057
Jul-06
Jul-05
Jul-04
Unemployment Rates NE LA, LA, US
Slides 1 and 2 LF
Use July data tables for slide
Civilian Labor Force data -- July household survey data figures 2004-2006
Civilian Labor ForceJul-06Jul-05Jul-04
RLMA 8131,898139,774139,612
Ouachita70,97374,01773,811
Lincoln17,94118,89118,794
Morehouse11,18212,09412,318
Union10,21810,66210,705
Louisiana1,894,1192,158,9292,098,395
United States153,208,000151,122,000149,217,000
Source: www.laworks.net, Department of Labor
(monthly, not seasonally adjusted)
*July 2006 is a preliminary figure, 2004 and 2005 figures are revised
EmploymentJul-06Jul-05Jul-04
RLMA 8126,795129,363129,011
Ouachita68,68969,30069,348
Lincoln7,0717,4067,336
Morehouse10,56810,91111,031
Union9,8959,9839,990
Louisiana1,827,2222,024,1291,964,192
United States145,606,000143,283,000140,700,000
Source: www.laworks.net, Department of Labor
(monthly, not seasonally adjusted)
*July 2006 is a preliminary figure, 2004 and 2005 figures are revised
UnemploymentJul-06Jul-05Jul-04
RLMA 85,10310,41110,601
Ouachita2,2844,7174,463
Lincoln6661,2521,258
Morehouse6141,1831,287
Union323679715
Louisiana66,897134,800134,203
United States7,602,0007,839,0008,518,000
Source: www.laworks.net, Department of Labor
(monthly, not seasonally adjusted)
*July 2006 is a preliminary figure, 2004 and 2005 figures are revised
Unemployment Rates (%)Jul-06Jul-05Jul-04
RLMA 83.9%7.5%7.6%
Ouachita3.2%6.4%6.0%
Lincoln3.7%6.6%6.7%
Morehouse5.5%9.8%10.4%
Union3.2%6.4%6.7%
Louisiana3.5%6.2%6.4%
United States5.0%5.2%5.7%
Source: www.laworks.net, Department of Labor
(monthly, not seasonally adjusted)Civilian Labor Force data -- July household survey data figures 2004-2006
*July 2006 is a preliminary figure, 2004 and 2005 figures are revisedCivilian Labor ForceJul-06Jul-05Jul-04
RLMA 8131,898139,774139,612
Ouachita70,97374,01773,811
Lincoln17,94118,89118,794
Morehouse11,18212,09412,318
December data is for attendees to have but not for presentationUnion10,21810,66210,705
Same tables as above but December data -- year over yearLouisiana1,894,1192,158,9292,098,395
DEC. of 04 to 06United States153,208,000151,122,000149,217,000
(monthly, not seasonally adjusted)Source: www.laworks.net, Department of Labor
Civilian Labor ForceDec-04Dec-05Dec-06(monthly, not seasonally adjusted)
RLMA 8135,327132,759128,634*July 2006 is a preliminary figure, 2004 and 2005 figures are revised
Ouachita71,95271,71368,468
Lincoln18,50118,22417,634EmploymentJul-06Jul-05Jul-04
Morehouse11,81611,32710,819RLMA 8126,795129,363129,011
Union10,48810,2909,882Ouachita68,68969,30069,348
Louisiana2,073,5411,896,9941,858,131Lincoln7,0717,4067,336
Source: U.S. Dept. of Commerce, Bureau of the Census, and Midyear EstimatesMorehouse10,56810,91111,031
*Dec-06 are preliminary figuresUnion9,8959,9839,990
Louisiana1,827,2222,024,1291,964,192
EmploymentDec-04Dec-05Dec-06United States145,606,000143,283,000140,700,000
RLMA 8126,286125,756122,842Source: www.laworks.net, Department of Labor
Ouachita68,24168,55465,971(monthly, not seasonally adjusted)
Lincoln17,47017,32916,972*July 2006 is a preliminary figure, 2004 and 2005 figures are revised
Morehouse10,70410,57410,054
Union9,8319,8759,503
Louisiana1,963,1331,787,1371,787,911
Source: U.S. Dept. of Commerce, Bureau of the Census, and Midyear Estimates
*Dec-06 are preliminary figures
UnemploymentDec-04Dec-05Dec-06
RLMA 89,0417,0035,792
Ouachita3,7113,1592,497
Lincoln1,031895662
Morehouse1,112753765
Union657415379
Louisiana110,408109,85770,220
Source: U.S. Dept. of Commerce, Bureau of the Census, and Midyear Estimates
*Dec-06 are preliminary figures
Unemployment Rates (%)Dec-04Dec-05Dec-06
RLMA 86.7%5.3%4.5%
Ouachita5.24.43.6
Lincoln5.64.93.8
Morehouse9.46.67.1
Union6.34.03.8
Louisiana5.35.83.8
Source: U.S. Dept. of Commerce, Bureau of the Census, and Midyear Estimates
*Dec-06 are preliminary figures
Slides 1 and 2 LF
000
000
000
000
000
Jul-06
Jul-05
Jul-04
Unemployment in Ne Louisiana
slide 3 and 4 wage and salaries
000
000
000
000
000
000
000
Jul-06
Jul-05
Jul-04
Unemplyment Rates NE LA, LA, US
slide 4.5 and 5 Emp by indust
slide 3 -- current dollar valuesslide 4 -- Constant 2007 $ values)
Estimated Annual Wages (current $)Estimated Annual Wages (constant 2007 $)
2004-QTR 22005-QTR 22006-QTR 22004-QTR 22005-QTR 22006-QTR 2
RLMA 82,963,442,7683,057,447,2143,244,054,892RLMA 8$3,197,485,242$3,203,293,143$3,129,568,060
Ouachita2,013,686,1482,088,272,5402,189,228,184Ouachita$2,172,720,124$2,187,887,031$2,117,409,697
Lincoln481,479,696476,377,236507,826,280Lincoln$519,505,299$499,101,318$484,636,879
Morehouse211,670,100203,393,916199,428,268Morehouse$228,387,073$213,096,185$211,985,389
Union126,313,292129,395,864137,914,140Union$136,289,079$135,568,288$132,630,204
Louisiana57,826,590,71760,896,082,36264,193,286,560Louisiana$62,393,535,110$63,800,938,962$62,391,506,107
Source: www.laworks.netSource: www.laworks.net
Average Weekly Wages (current $)Average Weekly Wage (constant 2007 $)
2004-QTR 22005-QTR 22006-QTR 22004-QTR 22005-QTR 22006-QTR 2
RLMA 8502526557RLMA 8$541$551$562
Ouachita534566589Ouachita$577$593$594
Lincoln510520535Lincoln$550$545$540
Morehouse527517523Morehouse$569$542$528
Union412428469Union$445$448$473
Louisiana592617680Louisiana$639$646$686
Source: www.laworks.net
Average Employment
2004-QTR 22005-QTR 22006-QTR 2
RLMA 8113,615111,739112,003
Ouachita72,45570,91371,478
Lincoln18,15617,62118,254
Morehouse7,7217,5637,333
Union5,8965,8185,655
Louisiana1,878,5261,899,4981,815,421
Source: www.laworks.net
slide 6-7 retail
Make slide 4.5 from below
Net change in employment data from establishment data
year-qtrNew Orleans (RLMA 1)Baton Rouge (RLMA 2)Houma (RLMA 3)Lafayette (RLMA 4)Lake Charles (RLMA 5)Alexandria (RLMA 6)Shreveport (RLMA 7)Monroe (RLMA 8)
2006-2477,750408,22693,150262,194112,994107,051235,175112,003
2005-2605,447392,15488,857248,054113,409104,126230,368111,739
2004-2608,264383,77587,845243,506110,151101,217225,729113,614
net change to State
2005-2006 change-127,69716,0724,29314,140-4152,9254,807264-85,611
2004-2005 change-2,8178,3791,0124,5483,2582,9094,639-1,87520,053
make slide 5 from the boxed table below
2004 to 2006 changes in employment by occupation RLMA 8 (growth industries in yellow)
2004200520062004-2006
REGIONAL LABOR MARKET AREA 8113,615111,739112,003(1,612)
Agriculture, forestry, fishing and hunting2,3972,4472,182(215)
Mining283197236(47)
Utilities91591594025
Construction5,9075,6655,904(3)
Manufacturing12,38812,52611,649(739)
Wholesale trade3,8363,8863,963127
Retail trade14,50414,40114,57773
Transportation and warehousing2,8122,9973,019207
Information2,2062,1082,143(63)
Finance and insurance5,4214,9174,697(724)
Real estate and rental and leasing1,2541,3841,577323
Professional and technical services3,2063,1473,21711
Management of companies and enterprises1,9591,9121,733(226)
Administrative and waste services3,6843,8964,505821
Educational services13,50812,31511,988(1,520)
Health care and social assistance20,07820,39820,844766
Arts, entertainment, and recreation1,0581,0241,10648
Accommodation and food services8,4108,0938,182(228)
Other services, except public administration3,2913,1773,213(78)
Public administration6,4476,2466,232(215)
Tables below are for attendees but not for presentationScroll right for Ouachita, Lincoln, Morehouse, Union Parishes
NAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimatedNAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimated2006-2NAICSTotal UnitsAvg Qtrly EmploymentQtrly wagesAverage weekly wageAnnual Wages $NAICSTOTALAVERAGESECOND QUARTERAVERAGEestimated
2006-2CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $2006-2CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $MOREHOUSE6167,33349,843,176523.00199428268.002006-2CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $annual wages
OUACHITA Parish4,70971,478547,687,4165892,189,228,184Lincoln Parish1,15718,254126,849,405535507,826,280Agriculture, forestry, fishing and hunting11553642,015,5824268,063,328UNION4105,65534,503,352469137,914,140
Agriculture, forestry, fishing and hunting11231791,315,6145655,259,020Agriculture, forestry, fishing and hunting11324002,089,2474028,361,600Mining212***n/aAgriculture, forestry, fishing and hunting1119149929,1234803,719,040
Mining21261271,308,6267935,236,972Mining21121752,615,375115010,465,000Utilities221171732,7377942,931,448Mining21321212,092777848,484
Utilities22245525,277,13873521,097,440Utilities22231331,250,7497235,000,268Construction23473642,435,8035159,747,920Utilities221178478,6554721,914,432
Construction234393,78630,429,902618121,666,896Construction231001,0188,302,31062733,190,872Manufacturing31-3316***n/aConstruction23593752,302,9584729,204,000
Manufacturing31-331607,04878,432,897856313,720,576Manufacturing31-33351,49614,773,58076059,121,920Wholesale trade42242512,602,37179810,415,496Manufacturing31-3315****
Wholesale trade422602,67626,862,129772107,425,344Wholesale trade42568808,350,96573033,404,800Retail trade44-451009855,347,04741821,409,960Wholesale trade4216109635,1544482,539,264
Retail trade44-457409,24947,941,276399191,898,252Retail trade44-451782,31511,446,06938045,744,400Transportation and warehousing48-49311741,428,2926315,709,288Retail trade44-45705743,311,84844413,252,512
Transportation and warehousing48-491391,91117,570,67970770,256,004Transportation and warehousing48-49462932,887,17875811,548,888Information518104652,1684822,606,656Transportation and warehousing48-4927116891,6495913,564,912
Information51911,81116,123,92168564,507,820Information51181831,504,0836326,014,112Finance and insurance52502301,874,7546277,498,920Information51546397,9676651,590,680
Finance and insurance523863,53131,870,506694127,426,728Finance and insurance52946946,662,45873826,632,944Real estate and rental and leasing532692410,3543431,640,912Finance and insurance5223120899,9965773,600,480
Real estate and rental and leasing532291,1797,202,23647028,814,760Real estate and rental and leasing53602541,333,6394045,336,032Professional and technical services5432107634,8904562,537,184Real estate and rental and leasing5371575,828389303,420
Professional and technical services544712,49922,934,13170691,743,288Professional and technical services54934213,404,86762213,616,824Management of companies and enterprises5500000Professional and technical services542394573,8004702,297,360
Management of companies and enterprises55191,42720,761,9591,11983,034,276Management of companies and enterprises557671,161,3331,3334,644,172Administrative and waste services561371296,0953211,185,132Management of companies and enterprises5500000
Administrative and waste services562143,28316,768,63539367,091,388Administrative and waste services56536293,668,07544914,685,892Educational services614***n/aAdministrative and waste services561899534,9834162,141,568
Educational services61356,93260,407,458670241,510,880Educational services61123,61128,666,945611114,728,692Health care and social assistance62761,6229,046,79742936,183,576Educational services614****
Health care and social assistance6256112,779101,955,512614408,007,912Health care and social assistance621073,20319,591,52347178,447,876Arts, entertainment, and recreation71548192,612309771,264Health care and social assistance62351,1066,171,85442924,672,648
Arts, entertainment, and recreation71517922,691,78926110,749,024Arts, entertainment, and recreation71976192,979195770,640Accommodation and food services72304771,091,7181764,365,504Arts, entertainment, and recreation71638130,845265523,640
Accommodation and food services722796,11317,311,92821869,296,968Accommodation and food services72781,6623,653,98816914,605,656Other services, except public administration8151211736,8102692,951,468Accommodation and food services7217232551,1941832,207,712
Other services, except public administration814272,41512,149,02038748,599,460Other services, except public administration81963121,631,7504026,522,048Public administration92344082,786,88252511,138,400Other services, except public administration812462380,2024721,521,728
Public administration92983,12327,698,644682110,754,072Public administration92414233,605,46765614,429,376*Data Non-publishablePublic administration92232921,816,3344787,257,952
*Data Non-publishable
NAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimatedNAICSTOTALAVERAGESECOND QUARTERAVERAGEEstimated2005-2NAICSTotal UnitsAvg Qtrly EmploymentQtrly wagesAverage weekly wageAnnual Wages $NAICSTOTALAVERAGESECOND QUARTERAVERAGEestimated
2005-2CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $2005-2CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $Annual Wages $MOREHOUSE6097,56350,848,479517.18203393916.002005-2CODEUNITSEMPLOY.TOTAL WAGES $WKLY. WAGE $annual wages
OUACHITA Parish4,59570,913522,068,135566.312,088,272,540Lincoln Parish1,10617,621119,094,309519.90476,377,236Agriculture, forestry, fishing and hunting11543821,908,618384.347,634,472UNION3955,81832,348,966427.70129,395,864
Agriculture, forestry, fishing and hunting1121127915,023554.223,660,092Agriculture, forestry, fishing and hunting11302721,512,658427.796,050,632Mining21****n/aAgriculture, forestry, fishing and hunting11262011,227,334469.704,909,336
Mining2123119998,642645.533,994,568Mining21111081,228,208874.794,912,832Utilities221174760,948791.013,043,792Mining21*****
Utilities22255235,522,152812.2022,088,608Utilities22241301,094,886647.864,379,544Construction23513822,645,953532.8110,583,812Utilities221074468,932487.461,875,728
Construction234333,41125,970,465585.67103,881,860Construction23911,0597,209,452523.6828,837,808Manufacturing31-33****n/aConstruction23513892,154,353426.018,617,412
Manufacturing31-331607,42677,228,283799.98308,913,132Manufacturing31-33371,58816,866,855817.0367,467,420Wholesale trade42222362,356,748768.179,426,992Manufacturing31-33*****
Wholesale trade422562,56922,829,970683.5991,319,880Wholesale trade42588367,229,838665.2428,919,3