Sacramento Forecast Project	Nevada County/Truckee-Grass Valley MSA Economic Forecast	California State University, Sacramento
	revised January, 2008
Unemployment | Taxable Sales | Data Tables | Resources | back to SFP Page

Employment

Employment in Nevada County (a.k.a. Truckee-Grass Valley Micropolitan Statistical Area) declined slightly (less than 100 jobs or -0.2%) in 2007. The decline broke the three year growth string that began in 2004. The forecast for 2008, based on actual data through December, 2007, is for a very slight improvement of 0.3% (100 jobs), increase.

Unemployment

The annual average Unemployment Rate in Nevada County increased by 5 tenths of a percentage point to 4.9% in 2007, up from 4.4% in 2006. It is expected to be 5.1% for 2008, based on actual data through December, 2007.

Taxable Sales

Taxable Sales increased another $81.0 million in 2006, continuing the string of increases that date back to 1992. Nevada County broke through the one billion dollar mark in 2001, with Taxable Sales, all Outlets totaling $1.019 billion in 2001. The 6.4% increase in 2006 brought the total taxable sales in 2006 to $1.35 billion. The forecast for 2007, based on actual data through the 4th quarter of 2006, is a much slower increase of 1.0% to a total of $1.37 billion. The forecast for 2008 is for a slightly stronger 4.1% increase.

Data Tables

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

Resources

Nevada County has several useful and informative locations on the Internet. For information about the county and its environment, try: Nevada County Government. Nevada County Transportation Commission. Nevada County Gold Nevada City Chamber of Commerce Penn Valley Area Chamber of Commerce Town of Truckee Truckee Donner Chamber of Commerce. Sierra Sun The Union The State of California maintains: County Snapshot of Nevada 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: January, 2008 Next Revision: July, 2008 URL: http://www.csus.edu/indiv/j/jensena/sfp/sa11/sac5/nev/nevada.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]