N O R T H P O R T - S A R A S OTA - B R A D E N TO N
Short Term Outlook for North Port-Sarasota-Bradenton, FL July 2021 2021:Q2 2021:Q3 2021:Q4 2022:Q1 2022:Q2 2022:Q3 2022:Q4 2023:Q1 2023:Q2 2023:Q3 2023:Q4 2024:Q1 2024:Q2
Personal Income (Billions $) Total Personal Income Pct Chg Year Ago Wages and Salaries Nonwage Income
55.9 2.7 17.7 38.2
55.2 3.4 18.1 37.1
54.8 4.9 18.5 36.3
55.5 -7.9 18.6 36.9
56.1 0.4 18.8 37.4
56.7 2.7 18.9 37.8
57.1 4.3 19.1 38.0
57.6 3.7 19.3 38.3
58.2 3.7 19.6 38.6
58.8 3.8 19.8 39.0
59.5 4.1 20.0 39.5
60.2 4.6 20.2 40.0
60.9 4.7 20.5 40.5
Real Personal Income (12$) Pct Chg Year Ago
49.2 -0.1
48.4 0.9
47.9 2.4
48.3 -9.7
48.7 -1.1
48.9 1.0
49.1 2.7
49.3 2.0
49.6 1.9
49.9 1.9
50.2 2.1
50.6 2.6
50.9 2.7
Per Capita Income (Ths) Real Per Capita Income (12$)
64.3 56.6
63.3 55.5
62.6 54.7
63.2 55.0
63.7 55.2
64.1 55.3
64.4 55.4
64.7 55.4
65.2 55.5
65.7 55.7
66.2 55.9
66.9 56.1
67.4 56.3
Average Annual Wage (Ths) Pct Chg Year Ago
56.5 5.9
56.4 3.4
56.6 2.2
56.7 1.1
57.0 0.8
57.3 1.4
57.6 1.8
58.1 2.5
58.6 2.8
59.0 3.1
59.5 3.3
60.0 3.4
60.6 3.5
Establishment Employment (Place of Work, Thousands, SA) Total Employment Pct Chg Year Ago
311.3 9.9
319.9 7.2
324.9 7.5
326.9 7.4
328.0 5.4
328.8 2.8
330.4 1.7
331.4 1.4
332.7 1.4
333.7 1.5
334.7 1.3
335.5 1.2
336.3 1.1
Manufacturing Pct Chg Year Ago
16.7 6.3
16.8 5.0
16.9 2.5
16.9 1.6
16.9 1.5
16.9 0.4
16.9 0.1
16.9 -0.1
16.9 -0.2
16.8 -0.3
16.8 -0.5
16.8 -0.8
16.7 -1.0
Nonmanufacturing Pct Chg Year Ago
294.6 10.1
303.1 7.4
308.1 7.8
310.0 7.7
311.0 5.6
311.9 2.9
313.5 1.8
314.5 1.5
315.8 1.5
316.9 1.6
317.9 1.4
318.8 1.3
319.6 1.2
Construction & Mining Pct Chg Year Ago
27.5 5.4
27.9 4.8
28.1 3.1
28.2 3.4
28.3 3.0
28.3 1.6
28.4 1.0
28.3 0.6
28.4 0.3
28.4 0.3
28.4 0.3
28.5 0.5
28.5 0.4
Trade, Trans, & Utilities Pct Chg Year Ago
60.3 9.1
61.5 6.0
61.6 5.6
60.7 2.2
59.9 -0.6
59.6 -3.2
58.4 -5.1
58.0 -4.5
58.8 -1.9
58.4 -2.0
58.3 -0.3
57.6 -0.7
56.7 -3.5
Wholesale Trade Retail Trade Trans, Wrhsng, & Util
8.8 44.3 7.2
8.8 45.3 7.4
8.9 45.2 7.5
9.0 44.1 7.6
9.1 43.2 7.6
9.5 42.2 7.8
9.7 40.9 7.8
9.8 40.3 7.9
9.8 41.1 7.9
9.8 40.7 7.9
9.8 40.5 7.9
9.9 39.7 7.9
10.0 38.7 8.0
Information Pct Chg Year Ago
3.5 1.7
3.5 1.7
3.6 0.6
3.7 5.9
3.7 6.0
3.7 6.3
3.7 4.2
3.7 1.8
3.8 2.6
3.8 1.5
3.8 3.1
3.9 3.7
3.9 3.9
Financial Activities Pct Chg Year Ago
15.7 3.1
15.9 2.0
16.0 2.3
16.1 3.2
16.4 4.7
16.7 5.0
16.7 4.6
16.8 3.9
16.7 1.5
16.6 -0.4
16.7 -0.3
16.7 -0.4
16.8 0.8
Prof & Business Services Pct Chg Year Ago
46.6 11.9
48.0 11.5
49.7 13.9
51.8 11.9
52.1 11.9
51.7 7.7
52.0 4.6
52.5 1.4
52.6 0.9
52.9 2.2
53.2 2.4
53.8 2.4
54.5 3.6
Educ & Health Services Pct Chg Year Ago
56.7 6.1
57.6 5.2
58.1 3.6
57.8 3.2
59.2 4.5
59.6 3.5
59.4 2.2
59.5 2.9
59.3 0.1
59.4 -0.4
59.5 0.2
59.8 0.5
60.0 1.1
Leisure & Hospitality Pct Chg Year Ago
42.3 32.7
45.6 19.3
47.1 19.8
47.1 24.3
46.3 9.2
46.6 2.2
49.1 4.4
49.7 5.7
50.4 8.9
51.5 10.4
52.1 6.0
52.5 5.5
52.9 5.0
Other Services Pct Chg Year Ago
14.5 14.0
15.0 6.8
15.5 10.5
15.9 12.3
16.3 12.0
16.6 10.6
16.6 7.2
16.7 4.9
16.6 1.8
16.5 -0.4
16.5 -0.5
16.6 -0.4
16.7 0.9
2.1 5.0
2.1 -12.2
2.1 -3.0
2.1 -0.6
2.1 -1.0
2.0 -1.3
2.0 -1.4
2.0 -1.1
2.0 -0.5
2.0 -0.1
2.0 0.4
2.1 0.5
2.1 0.4
25.5 -2.0
25.9 -1.1
26.4 2.4
26.6 4.5
26.8 5.1
27.0 4.2
27.1 2.7
27.2 2.3
27.3 1.9
27.3 1.3
27.4 1.0
27.4 0.7
27.5 0.6
Population (Ths) Pct Chg Year Ago
868.6 1.6
872.1 1.6
875.4 1.6
878.4 1.5
881.4 1.5
884.3 1.4
887.2 1.3
890.2 1.3
892.9 1.3
895.6 1.3
898.4 1.3
901.1 1.2
903.9 1.2
Labor Force (Ths) Pct Chg Year Ago
369.9 10.2
376.0 7.4
378.6 6.0
381.2 4.3
383.4 3.6
386.4 2.8
388.5 2.6
390.2 2.3
392.0 2.2
393.7 1.9
395.2 1.7
396.6 1.7
398.1 1.6
4.0
3.9
3.4
3.4
3.4
3.3
3.3
3.2
3.2
3.2
3.2
3.1
3.1
11552.4 10873.2 10352.0 10446.6 9637.8 8937.7 1105.8 1235.4 1414.3
9816.9 8248.4 1568.5
9315.7 7667.5 1648.1
8883.3 7211.5 1671.8
8543.3 6901.9 1641.4
8269.8 6690.2 1579.6
8071.9 6524.5 1547.4
8024.7 6476.4 1548.3
8090.7 6535.2 1555.5
8083.2 6519.4 1563.8
8041.3 6482.1 1559.2
Federal Government Pct Chg Year Ago State & Local Government Pct Chg Year Ago Other Economic Indicators
Unemployment Rate (%) Total Housing Starts Single-Family Multifamily
84
Florida & Metro Forecast / July 2021