Sacramento Forecast Project	Sacramento Economic Area Economic Forecast	California State University, Sacramento
	revised January, 2008
Unemployment | Taxable Sales | Data Tables | Resources | SFP Page

Employment

2/27/2008:  Employment growth has increased each year since the turn of the century, so the 11 county Sacramento Economic Area did not experience an employment decline in 2007, but the growth slowed. The increase in the annual average number of wage and salary jobs in 2007 was 1.54% (16,770 jobs), slower than the 2.23% (23,760 jobs) increase in 2006. The forecast for 2008, based on data through December, is an even slower growth of 0.18% (1,995 job) increase.

Unemployment

8/13/2007:  The annual average Unemployment Rate for the Economic Area in 2007 was 5.7%, up from the 5.1% in 2006. The Sacramento Economic Area's annual Unemployment Rate for 2008, based on actual data through December, is forecast to be up again, to 6.0%.

Taxable Sales

8/13/2007:  The growth in Taxable Sales from all Outlets in the eleven county Sacramento Economic Area continued in 2006 with a 1.5% ($600 million) increase, down from the 7.1% increase in 2005. The forecast for 2007, based on actual sales data through the 4th quarter of 2006, is for an even slower 0.7% ($280 million) increase. The forecast for 2008 calls for a 3.4% increase.

Data Tables

The Sacramento Forecast Project maintains files for these variables and the supporting variables for the Sacramento Economic Area, in Excel format, that can be made available on request.

Resources

For information on the Sacramento Economic Area, I recommend that you use the resources listed for the various geographic entities that constitute the area. 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: January, 2008 Next Revision: July, 2008 URL: http://www.csus.edu/indiv/j/jensena/sfp/sa11/sac-ea.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]