Florida & Metro Forecast Fall 2021

Page 129

SEBRING

Short Term Outlook for Sebring, FL December 2021 Forecast 2021:Q4

2022:Q1

2022:Q2

2022:Q3

2022:Q4

2023:Q1

2023:Q2

2023:Q3

2023:Q4

2024:Q1

2024:Q2

2024:Q1

2024:Q2

Personal Income (Billions $) Total Personal Income Pct Chg Year Ago Wages and Salaries Nonwage Income

4.2 5.9 1.3 2.9

4.1 -8.8 1.3 2.8

4.2 -1.4 1.3 2.8

4.2 0.3 1.3 2.9

4.2 1.6 1.3 2.9

4.2 2.4 1.4 2.9

4.3 2.8 1.4 2.9

4.3 2.8 1.4 2.9

4.4 3.2 1.4 3.0

4.4 3.7 1.4 3.0

4.4 3.5 1.4 3.0

4.5 3.6 1.4 3.0

4.5 3.6 1.5 3.1

Real Personal Income (12$) Pct Chg Year Ago

4.1 1.1

4.1 -12.4

4.1 -4.3

4.1 -2.0

4.1 -0.2

4.1 0.6

4.1 0.9

4.2 1.0

4.2 1.4

4.2 1.7

4.2 1.5

4.2 1.5

4.2 1.5

Per Capita Income (Ths) Real Per Capita Income (12$)

41.3 40.9

41.1 40.6

41.4 40.7

41.8 40.9

42.1 41.0

42.3 41.0

42.7 41.2

43.0 41.3

43.4 41.5

43.7 41.6

44.0 41.7

44.4 41.8

44.8 42.0

Average Annual Wage (Ths) Pct Chg Year Ago

50.0 4.2

50.4 4.1

50.5 2.3

50.8 1.6

51.0 2.0

51.3 1.8

51.6 2.1

52.0 2.4

52.4 2.9

53.0 3.3

53.6 3.8

54.1 4.2

54.7 4.3

Establishment Employment (Place of Work, Thousands, SA) Total Employment Pct Chg Year Ago

26.1 4.7

26.1 4.8

26.3 3.7

26.3 1.6

26.3 0.7

26.3 0.8

26.5 0.7

26.5 0.8

26.5 0.9

26.5 0.7

26.4 -0.1

26.4 -0.4

26.4 -0.6

Manufacturing Pct Chg Year Ago

0.6 -2.4

0.6 -2.4

0.6 -0.9

0.6 -6.1

0.5 -9.1

0.5 -8.9

0.5 -13.2

0.5 -14.3

0.5 -13.8

0.5 -14.7

0.4 -14.2

0.4 -13.3

0.4 -12.1

Nonmanufacturing Pct Chg Year Ago

25.5 4.9

25.5 5.0

25.7 3.8

25.7 1.8

25.7 0.9

25.8 1.0

26.0 1.0

26.0 1.1

26.0 1.2

26.0 1.0

26.0 0.2

26.0 -0.1

26.0 -0.4

Construction & Mining Pct Chg Year Ago

1.7 10.9

1.7 7.1

1.7 3.4

1.7 -0.6

1.7 -1.0

1.7 -1.4

1.7 -1.4

1.7 -1.7

1.7 -1.7

1.7 -1.7

1.7 -1.6

1.7 -1.4

1.7 -1.2

Trade, Trans, & Utilities Pct Chg Year Ago

5.8 3.6

5.6 1.3

5.6 0.1

5.5 -2.5

5.4 -5.7

5.4 -4.1

5.5 -2.7

5.4 -2.1

5.4 -0.4

5.3 -0.6

5.2 -4.3

5.2 -4.6

5.1 -4.9

Wholesale Trade Retail Trade Trans, Wrhsng, & Util

0.8 4.0 1.0

0.8 3.8 1.0

0.8 3.8 1.0

0.9 3.7 1.0

0.9 3.6 1.0

0.9 3.5 1.0

0.9 3.6 1.0

0.9 3.6 1.0

0.9 3.6 1.0

0.9 3.5 1.0

0.9 3.3 1.0

0.9 3.3 1.0

0.9 3.2 1.0

Information Pct Chg Year Ago

0.2 29.6

0.2 -0.1

0.2 -1.6

0.2 -7.6

0.2 -8.0

0.2 -7.9

0.2 -6.2

0.2 -4.8

0.2 -2.0

0.2 -1.3

0.2 -1.7

0.2 -3.3

0.2 -5.4

Financial Activities Pct Chg Year Ago

1.0 6.6

1.0 7.1

1.0 6.9

1.0 5.6

1.0 4.4

1.0 4.1

1.0 2.9

1.0 2.0

1.0 2.2

1.0 1.3

1.0 1.6

1.0 1.5

1.0 1.3

Prof & Business Services Pct Chg Year Ago

2.4 7.2

2.6 12.9

2.5 8.4

2.6 7.5

2.6 7.6

2.6 1.9

2.6 3.4

2.6 2.3

2.6 2.4

2.7 2.7

2.7 4.3

2.7 5.0

2.8 5.0

Educ & Health Services Pct Chg Year Ago

6.3 4.9

6.3 4.9

6.4 5.4

6.4 2.8

6.3 0.6

6.3 0.1

6.3 -2.6

6.2 -2.9

6.2 -1.9

6.2 -1.0

6.3 0.3

6.3 1.1

6.3 1.3

Leisure & Hospitality Pct Chg Year Ago

3.2 2.7

3.2 4.5

3.2 0.8

3.2 3.3

3.4 7.1

3.5 10.3

3.7 14.3

3.8 16.7

3.8 11.2

3.8 8.6

3.8 4.0

3.8 0.5

3.8 -0.7

Other Services Pct Chg Year Ago

0.6 2.1

0.6 8.3

0.6 10.7

0.7 12.6

0.7 10.2

0.7 8.0

0.7 2.9

0.7 -0.7

0.7 -1.2

0.7 -1.0

0.7 0.3

0.7 0.8

0.7 1.0

0.2 -16.3

0.3 -8.2

0.3 -0.9

0.3 8.6

0.3 7.7

0.3 7.5

0.3 6.5

0.3 5.4

0.3 4.1

0.3 3.7

0.3 3.0

0.3 2.8

0.3 2.9

4.1 5.4

4.1 5.4

4.1 5.3

4.1 0.2

4.1 0.6

4.1 1.0

4.1 0.3

4.1 0.1

4.1 0.0

4.1 0.0

4.1 0.1

4.1 -0.1

4.1 -0.3

Population (Ths) Pct Chg Year Ago

100.9 -0.1

100.9 0.0

100.8 -0.2

100.6 -0.4

100.5 -0.5

100.5 -0.4

100.5 -0.3

100.6 0.0

100.6 0.2

100.8 0.3

100.8 0.3

100.9 0.3

101.0 0.4

Labor Force (Ths) Pct Chg Year Ago

36.4 5.1

36.6 4.2

36.8 3.3

36.8 2.1

36.8 1.0

36.8 0.4

36.8 0.0

36.8 -0.1

36.8 0.0

36.8 0.1

36.9 0.2

36.9 0.3

36.9 0.4

5.8

5.7

5.6

5.5

5.3

5.1

5.1

5.1

5.2

5.1

5.2

5.2

5.1

462.2 470.3 -8.1

441.7 449.9 -8.2

413.1 422.6 -9.6

404.6 400.8 3.8

406.2 388.1 18.1

401.6 368.9 32.7

392.1 348.0 44.0

402.1 349.7 52.4

398.6 345.4 53.2

387.3 333.3 54.0

377.6 324.5 53.1

376.6 323.2 53.3

368.8 316.0 52.8

Federal Government Pct Chg Year Ago State & Local Government Pct Chg Year Ago Other Economic Indicators

Unemployment Rate (%) Total Housing Starts Single-Family Multifamily

Institute for Economic Forecasting

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Florida & Metro Forecast Fall 2021 by UCF College of Business - Issuu