C R E S T V I E W - F T. WA LT O N B E A C H - D E S T I N
Short Term Outlook for Crestview-Fort Walton Beach-Destin, 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 $) Total Personal Income Pct Chg Year Ago Wages and Salaries Nonwage Income
17.7 4.6 8.4 9.3
17.7 -8.2 8.5 9.2
17.9 -0.7 8.6 9.3
18.1 1.1 8.7 9.4
18.2 2.6 8.8 9.4
18.3 3.3 8.9 9.5
18.5 3.5 9.0 9.5
18.7 3.6 9.1 9.6
18.9 3.9 9.2 9.7
19.1 4.4 9.3 9.8
19.3 4.4 9.4 9.9
19.5 4.5 9.5 10.1
19.8 4.5 9.6 10.2
Real Personal Income (12$) Pct Chg Year Ago
16.2 -0.1
16.1 -11.7
16.2 -3.7
16.2 -1.1
16.3 0.7
16.3 1.5
16.4 1.6
16.5 1.7
16.6 2.1
16.7 2.4
16.8 2.4
16.9 2.4
17.0 2.4
Per Capita Income (Ths) Real Per Capita Income (12$)
60.7 55.4
60.5 55.0
60.9 55.1
61.4 55.3
61.7 55.3
61.9 55.3
62.3 55.4
62.9 55.6
63.3 55.7
63.9 55.9
64.3 56.0
64.9 56.2
65.5 56.5
Average Annual Wage (Ths) Pct Chg Year Ago
61.2 3.2
61.7 3.3
62.0 2.1
62.3 1.9
62.5 2.2
62.8 1.8
63.1 1.9
63.6 2.0
64.1 2.6
64.8 3.1
65.5 3.7
66.2 4.1
66.8 4.2
Establishment Employment (Place of Work, Thousands, SA) Total Employment Pct Chg Year Ago
119.1 0.6
119.3 1.1
120.0 2.3
120.5 2.1
121.4 2.0
121.9 2.2
123.0 2.5
123.7 2.6
124.1 2.2
124.2 1.9
124.3 1.0
124.4 0.6
124.6 0.4
Manufacturing Pct Chg Year Ago
3.5 0.2
3.5 2.5
3.5 3.4
3.4 -1.5
3.4 -1.2
3.4 -1.6
3.4 -1.0
3.4 0.0
3.4 -0.9
3.4 -1.4
3.4 -2.0
3.3 -2.5
3.3 -2.9
Nonmanufacturing Pct Chg Year Ago
115.6 0.6
115.8 1.1
116.5 2.2
117.1 2.2
118.0 2.1
118.5 2.3
119.6 2.6
120.3 2.7
120.7 2.3
120.8 2.0
120.9 1.1
121.1 0.7
121.3 0.5
6.9 0.8
6.9 -0.5
6.8 -3.2
6.7 -5.4
6.6 -4.8
6.5 -5.2
6.4 -4.9
6.3 -5.2
6.3 -5.1
6.2 -4.9
6.1 -4.3
6.1 -3.6
6.1 -2.9
Trade, Trans, & Utilities Pct Chg Year Ago
20.4 -1.2
20.2 -1.9
19.8 -2.0
19.7 -2.6
19.2 -5.9
19.0 -5.6
19.4 -2.2
19.3 -2.0
19.3 0.4
19.0 0.0
18.5 -4.4
18.3 -5.1
18.3 -5.4
Wholesale Trade Retail Trade Trans, Wrhsng, & Util
1.7 16.3 2.4
1.7 16.1 2.4
1.7 15.7 2.4
1.7 15.5 2.5
1.8 15.0 2.5
1.8 14.8 2.5
1.8 15.1 2.5
1.8 15.0 2.5
1.8 15.0 2.5
1.8 14.7 2.5
1.9 14.1 2.5
1.9 13.9 2.6
1.9 13.8 2.6
Information Pct Chg Year Ago
1.4 7.1
1.4 8.4
1.4 5.7
1.4 5.3
1.4 1.5
1.4 0.3
1.4 1.4
1.4 1.4
1.5 4.8
1.5 6.1
1.5 6.1
1.5 4.5
1.5 1.1
Financial Activities Pct Chg Year Ago
7.4 0.4
7.5 0.8
7.5 5.6
7.7 4.0
7.7 4.3
7.8 5.1
7.9 4.5
7.9 3.8
8.0 4.0
8.1 3.5
8.2 4.4
8.3 4.5
8.3 4.1
Prof & Business Services Pct Chg Year Ago
19.2 -2.9
19.8 0.9
20.2 5.5
20.3 5.8
20.4 5.9
20.5 3.1
20.3 0.7
20.2 -0.3
20.3 -0.4
20.4 -0.1
20.6 1.6
20.7 2.4
20.8 2.4
Educ & Health Services Pct Chg Year Ago
12.7 3.8
12.8 5.2
13.1 6.6
13.1 3.8
12.9 1.7
12.9 0.9
12.8 -1.7
12.8 -1.8
12.9 -0.4
13.0 0.7
13.1 2.3
13.2 3.2
13.3 3.5
Leisure & Hospitality Pct Chg Year Ago
21.7 4.5
21.2 0.8
21.2 -3.0
21.3 -0.9
22.6 3.9
23.0 8.3
24.0 13.2
24.8 16.4
25.0 11.0
25.0 9.0
25.2 4.9
25.2 1.5
25.3 0.8
5.1 6.8
5.2 8.5
5.3 10.6
5.5 11.8
5.5 9.5
5.5 7.5
5.5 2.6
5.5 -0.6
5.5 -0.8
5.5 -0.2
5.6 1.5
5.6 2.3
5.6 2.8
Federal Government Pct Chg Year Ago
9.3 -0.9
9.4 1.9
9.6 6.3
9.7 7.3
9.8 5.5
9.9 4.7
9.9 3.4
9.9 2.3
9.9 1.1
9.9 0.7
10.0 0.7
10.0 0.7
10.0 0.9
State & Local Government Pct Chg Year Ago
11.4 -2.3
11.5 -0.5
11.7 3.8
11.8 3.9
11.9 3.8
11.9 3.7
12.0 2.7
12.0 2.0
12.1 1.5
12.1 1.0
12.1 1.0
12.1 0.6
12.1 0.6
Population (Ths) Pct Chg Year Ago
291.9 1.0
292.7 1.0
293.2 1.0
294.0 1.0
294.7 1.0
295.6 1.0
296.6 1.2
297.4 1.2
298.4 1.2
299.3 1.2
300.1 1.2
300.9 1.2
301.6 1.1
Labor Force (Ths) Pct Chg Year Ago
135.8 5.1
137.0 3.4
137.6 2.8
138.0 3.2
138.2 1.7
138.4 1.0
138.5 0.7
138.6 0.4
138.7 0.4
138.9 0.4
139.1 0.4
139.4 0.6
139.8 0.8
Construction & Mining Pct Chg Year Ago
Other Services Pct Chg Year Ago
Other Economic Indicators
Unemployment Rate (%) Total Housing Starts Single-Family Multifamily
34
4.1
4.1
3.9
3.9
3.8
3.6
3.5
3.5
3.4
3.1
3.0
3.0
2.8
3251.9 3032.8 219.1
3012.1 2754.6 257.5
2791.0 2529.3 261.7
2641.9 2336.5 305.3
2502.5 2181.9 320.6
2332.7 2011.1 321.6
2283.9 1923.2 360.7
2314.0 1911.8 402.2
2298.2 1888.7 409.4
2235.6 1831.7 403.9
2190.4 1798.6 391.8
2178.3 1797.5 380.8
2143.1 1771.0 372.1
Florida & Metro Forecast / Fall 2021
