Beruflich Dokumente
Kultur Dokumente
Economic Overview
Buncombe County Health and Human Services Board
February 22, 2013
0%
1981 1983
1990 1993
2001 2005
1%
2007 ?
(Jan 2013)
2%
3%
4%
5%
6%
7%
1
13
17
21
25
29
33
Months
37
41
45
49
53
57
61
2%
Buncombe
( 3,809 jobs, 4%)
4%
North Carolina
( 181,176 jobs, 5%)
6%
8%
10%
12%
14%
1
13
17
21
25
29
33
37
41
45
49
53
57
175,000
170,000
165,000
160,000
155,000
2000
2002
2004
2006
2008
2010
2012
4
11,800
6.6%
175,000
170,000
165,000
160,000
155,000
2000
2002
2004
2006
2008
2010
2012
5
175,000
+7,500
+4.5%
170,000
165,000
160,000
155,000
2000
2002
2004
2006
2008
2010
2012
6
4%
2%
0%
2%
Asheville
4%
6%
8%
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
7
4%
2%
0%
2%
Asheville
4%
United States
6%
8%
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
8
4%
2%
0%
2%
Asheville
4%
United States
North Carolina
6%
8%
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
9
2,000
1,500
1,000
(500)
2007
2008
2009
2010
2011
2012
10
0
Educational Services
( 255 jobs, 3%)
(500)
Administrative
Services ( 833 jobs,
11%)
(1,000)
Manufacturing
( 1,437 jobs, 12%)
(1,500)
(2,000)
(2,500)
Construction ( 2,596
jobs, 37%)
Recession
(3,000)
2007
2008
2009
2010
2011
2012
11
(2,000)
(4,000)
(6,000)
Female
( 6,698 jobs, 9%)
(8,000)
Male
( 8,943 jobs, 13%)
(10,000)
Recession
(12,000)
2007
2008
2009
2010
2011
12
Health Care
Construction
78%
20%
22%
80%
Female
Male
13
70,000
Female
65,000
Male
60,000
55,000
50,000
1993
1995
1997
1999
2001
2003
2005
2007
2009
2011
14
(2,000)
(4,000)
(6,000)
(8,000)
(10,000)
(12,000)
White Alone
( 12,664 jobs, 10%)
Recession
(14,000)
2007
2008
2009
2010
2011
15
(100)
American Indian or
Alaska Native
( 187 jobs, 19%)
(200)
(300)
More than One Race
( 371 jobs, 18%)
(400)
Asian Alone
( 471 jobs, 16%)
(500)
Recession
(600)
2007
2008
2009
2010
2011
16
(4,000)
(6,000)
(8,000)
(10,000)
(12,000)
(14,000)
Not Hispanic
( 14,487 jobs, 11%)
Recession
(16,000)
2007
2008
2009
2010
2011
17
(500)
(1,000)
Bachelor degree or
above
( 1,249 jobs, 4.6%)
(1,500)
(2,000)
Some college or
associate degree
( 2,622 jobs, 6.8%)
(2,500)
(3,000)
High school degree
( 3,128 jobs, 8.2%)
(3,500)
Recession
(4,000)
2007
2008
2009
2010
2011
18
55 64
(+956 jobs, +5%)
65+
(+79 jobs, +1%)
(1,000)
(2,000)
25 34
( 2,544 jobs, 8%)
45 54
( 2,895 jobs, 10%)
(3,000)
35 44
( 3,524 jobs, 11%)
(4,000)
(5,000)
(6,000)
(7,000)
14 24
( 7,714 jobs, 30%)
Recession
(8,000)
2007
2008
2009
2010
2011
19
25 34
30,000
35 44
45 54
25,000
20,000
55 64
14 24
15,000
10,000
65+
5,000
0
1993
1995
1997
1999
2001
2003
2005
2007
2009
2011
20
20.0
40,000
18.0
16.0
35,000
14.0
12.0
25,000
10.0
20,000
8.0
Persons in Poverty
30,000
15,000
6.0
10,000
4.0
5,000
2.0
0.0
1997
1999
2001
2003
2005
2007
2009
2011
21
18.0
North Carolina
17.0
16.0
United States
15.0
14.0
13.0
12.0
11.0
1997
1999
2001
2003
2005
2007
2009
2011
22
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
0
2000
2001
2002
2003
2004
Natural
2005
2006
Domestic
2007
2008
2009
2010
2011
International
23
2.0%
1.5%
Buncombe
North Carolina
1.0%
United States
0.5%
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
24
$48,301
$50,000
$43,107
$40,000
$37,229
$30,000
$20,000
$10,000
$0
Buncombe
North Carolina
United States
25
$2,000
United States
North Carolina
$1,500
$1,000
$500
Buncombe
$0
($500)
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
26
$41,560
$40,000
$35,000
$34,467
$36,028
$30,000
$25,000
$20,000
$15,000
$10,000
$5,000
$0
Buncombe
North Carolina
United States
27
$2,500
$2,000
United States
$1,500
$1,000
$500
North Carolina
$0
Buncombe
($500)
($1,000)
($1,500)
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
28
23%
17%
23%
23%
21%
Personal Government
Transfers
Investment Income
Earning & Wages
62%
60%
1991
2001
55%
2011
29
Personal
Government
Transfers
$500,000
$400,000
$ Thousands
$300,000
$200,000
Earnings & Wages
$100,000
Investment Income
$0
($100,000)
($200,000)
2001
2003
2005
2007
2009
2011
30
$ Thousands
$200,000
Retirement and
disability insurance
benefits
$150,000
$100,000
Income
maintenance
benefits
$50,000
$0
2001
2003
2005
2007
2009
2011
31
2012
1,000
500
0
<1
10
20
30
40
50
Ages
60
70
80
90
100+
32
2012
2022
1,000
500
0
<1
10
20
30
40
50
Ages
60
70
80
90
100+
33
10
20
30
40
50
60
70
80
90
100+
34
Summary Observations
We are growing
The recession ended 5+ years ago but
we still have a ways to go
Industries leading growth:
Health Care
Retail
Lodging & Food
Professional & Technical Services
35
Summary Observations
Hardest Hit
Construction
Manufacturing
Administrative Services
Young Workers
Men
Nonwhites
High School Educated
36
Summary Observations
$350,000
$300,000
1,000
$250,000
800
$200,000
600
$150,000
400
$100,000
200
$50,000
$0
0
2004
2005
2006
2007
Homes Sold
2008
2009
2010
2011
2012
38
25%
22%
21%
20%
16%
15%
15%
13%12%
12%
10%
10%
9%
8%
7%
9%
6%
5%
4%
3%
2%
2%
0%
2%
0%
0%
1%
1%
4%
5%
2%
4%
4%
6%
7%
7%
10%
10%
11%
6%
6% 6%
11%
15%
2004
2005
2006
2007
2008
2009
2010
2011
2012
200%
150%
100%
50%
0%
50%
2004
2005
2006
2007
2008
2009
2010
2011
2012
Homes Sold
40
$60,000,000
$50,000,000
200
$40,000,000
150
$30,000,000
100
$20,000,000
50
$10,000,000
$0
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
2008
2009
Single Family
2010
2011
Multi Family
2012
Value
41
Sources
US Bureau of Labor Statistics: Slide 2
North Carolina Employment Security Commission: Slides 3 9
US Census Bureau: Slides 10 24, 41
US Bureau of Economic Analysis: Slides 25 31
North Carolina Office of State Budget and Management: Slides 32 34
North Carolina Association of Realtors: Slides 38 40
43
Contact Information:
Tom Tveidt
SYNEVA Economics
tom@syneva.com
www.syneva.com
828.734.5021
44