Jacksonville Economic Snapshot

November 2013 Data

(Current Figures and Year-Over-Year Change)

Figures show positive trend for Jax

Figures show negative trend for Jax

Legend

Employment
Employment
Geography Current Level Y/Y Change

(All Figures Not Seasonally Adjusted)

Unemployment
JAX MSA 656,070 +1.7% Florida 8,803,000 +1.9% U.S. 144,775,000 +0.9% Geography Current Level Current Rate Y/Y Change

JAX MSA 40,715 5.8% -1.7% Florida 582,000 6.2% -1.7% U.S. 10,271,000 6.6% -0.8%

Source: Florida Department of Economic Opportunity, Local Area Unemployment Statistics

Source: Florida Department of Economic Opportunity, Local Area Unemployment Statistics

Employment by Industry*
Industry Sector Construction

Biggest Year-Over-Year Net Gains

Biggest Year-Over-Year Net Losses

% Change +12.0% +6.9% +3.8%

Industry Sector Total Government Other Services Education and Health Services

% Change -2.1% -1.9% -1.3%

Professional and Business Services Trade, Transportation, and Utilities

Source: Florida Department of Economic Opportunity, Current Employment Statistics *For detailed descriptions of the industry sectors, please visit http://bls.gov/iag

Consumer Data
Consumer Price Index
Geography Current Y/Y Change JAX MSA 114.82 +2.8% U.S. 129.84 +1.1%

Taxable Sales
Geography Current Y/Y Change

JAX MSA $1,649,124,911 +5.7% Florida $27,085,753,548 +7.7%

Source: University of North Florida Local Economic Indicators Project

Source: Florida Department of Revenue

Housing Data
Median Sales Price, Single-Family Existing Homes Geography Current Y/Y Change JAX MSA $154,000 +18.6% Florida $169,900 +13.3%

U.S. $196,300 +9.4%

Realtor Sales, Single-Family Existing Homes

Geography Current Y/Y Change JAX MSA 1,531 -1.9% Florida 16,620 -1.2% U.S. 4,900,000 -1.2%

Source: Florida Association of Realtors; National Association of Realtors

Source: Florida Association of Realtors; National Association of Realtors

Single-Family Building Permits

Geography Current Y/Y Change Duval County 484 +13.9%

Florida 4,071 +17.1% U.S. 43,469 +8.4%

Source: U.S. Census, Housing Units Authorized by Building Permits

Airport Activity (October data)

Statistics for Jacksonville International Airport (JIA)
Geography Current Y/Y Change
Source: Jacksonville Aviation Authority

Passenger Traffic 411,006 -4.4%

Cargo (in pounds) 12,520,447 -4.8%

Daily Departures 86 0.0%

Daily Seats 9,075 -4.4%

3 Independent Drive
B A K E R

Jacksonville, Florida 32202

D U VA L

P 904.366.6600
N A S S A U

F 904.353.6343
P U T N A M

www.jaxusa.org
S T. J O H N S

C L AY

F L A G L E R

Jacksonville Economic Trends

Gross Domestic Product
$80 $60 billions $40 $20 $0 15% 10% 5% 0% -5% 700,000 650,000 600,000 550,000 500,000 5% 0%

Employment & Unemployment

15% 10%

GDP

% change

Employment

Unemployment

Unemployment Rate (%)

Median Home Sales Price

$300,000 $250,000 $200,000 $150,000 $100,000

20,000 18,000 16,000 14,000 12,000 10,000

Existing Home Sales

20% 10% 0% -10% -20% -30%

JAX MSA

Florida

US

Home Sales

% change from previous year

Building Permits
19,000 16,000 13,000 10,000 7,000 4,000 1,000 Building Permits 60% 40% billions 20% 0% -20% -40% -60% % change from previous year $17 $16 $15 $14 $13 $12 $11

Duval County Taxable Sales

20% 15% 10% 5% 0% -5% -10% -15%

Taxable Sales

% change from previous year

JIA Airport Statistics

7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0 170,000 165,000 160,000 155,000 150,000 145,000 140,000 135,000 130,000 7,000,000 7,500,000 8,000,000 8,500,000 9,000,000

JAXPORT Tonnage
15% 10% 5% 0% -5% -10% -15%
% change from previous year

2007 2008 2009 2010 2011 2012

Total # Passengers Cargo Tonnage (in thousands of pounds)
Total Inbound and Outbound Tons

3 Independent Drive
B A K E R

Jacksonville, Florida 32202

D U VA L

P 904.366.6600
N A S S A U

F 904.353.6343
P U T N A M

www.jaxusa.org
S T. J O H N S

C L AY

F L A G L E R