Sacramento Forecast Project	Butte County/Chico-Paradise Metropolitan Statistical Area Economic Forecast	California State University, Sacramento
	revised January, 2008
Unemployment | Taxable Sales | Building Permits | Data Tables | Resources | back to SFP Page

Employment

Job growth in Butte County continued positive in 2007 with an 2.4% (1,900 job) increase. The forecast for 2008, based on actual data through December, 2007, is for a slower 0.4% increase.

Unemployment

The annual average Unemployment Rate for 2007 was 6.6%, up from the 2006 rate of 6.2%. The forecast for 2008, based on actual data through December, 2007, is for another slight increase to 6.7%.

Taxable Sales

Taxable Sales for all Outlets, grew at a solid 5.5% rate in 2006, slightly better than the 5.0% increase in 2005. The forecast, based on actual results through the 4th quarter, 2006, for 2007 is for a slightly slower 4.9% increase, followed by a similar 4.9% increase in 2008, putting the County/MSA over the $3. billion mark in 2008.

Building Permits

Residential Building Permits activity in 2007 declined by another 25.4%, or 296 fewer permits issued than in 2006. There were 868 residential building permits issued in 2007, so the building activity does continue. The forecast for 2008, based on actual data through December of 2007, is for another decline of 7.4% reducing the number of residential permits issued by 65, for a total of 803 permits for the year.

Data Tables

The Sacramento Forecast Project maintains files for these variables and the supporting variables for Butte County/Chico-Paradise Metropolitan Statistical Area, in Excel format, that can be made available on request.

Resources

For information about Butte County, try: ButteCounty.Com Butte County Association of Governments City of Chico Chico Chamber of Commerce California State University, Chico. The State of California maintains: County Snapshot of Butte County from Employment Development Department. County Profiles from the Department of Finance. Data Providers: California Department of Finance California Employment Development Department, Labor Market Information Division California State Board of Equalization

Back to Sacramento Forecast Project Update: February, 2008 Next Revision: July, 2008 URL: http://www.csus.edu/indiv/j/jensena/sfp/sa11/chi/but/butte.htm Arthur N. Jensen, Emeritus Professor of Marketing e-mail to: jensena@csus.edu College of Business Administration California State University, Sacramento Disclaimer: Professor Arthur N. Jensen takes full responsibility for the information posted. The information on this page represents that of Professor Arthur N. Jensen and not that of California State University, Sacramento. [as required in PM BA 96-13 Policy on CSUSInfo World Wide Web]