Sacramento Forecast Project Placer County Economic Forecast California State University, Sacramento
 revised January, 2009 
Unemployment | Fountain Predictor | Taxable Sales | Building Permits | Data Tables | Resources | SFP Page

Number of Persons Employed
The average number of persons employed (as measured by the Household Survey) in Placer County decreased at a 0.2% (280 persons) in 2008, down from the 0.9% increase in 2007. The forecast for 2009, based on actual data through december,2008, is for a larger decrease of 0.3% (510 persons).
graph, Employment, 1995-2008
graph, Unemployment Rate, 1995-2008
The Unemployment Rate in Placer County increased over one and one-half percent in 2008, to 6.6%, up from 4.85% in 2007. The forecast for 2009, based on actual data through December, 2008, is another increase to 7.5%.
Fountain Predictor
graph, Fountain Predictor, 1990-2007
The Predictor turned negative in December of 2006 and has remained negative for 25 months, with the biggest negative coming in the most recent period (December = -3.029). The negative values are, generally, the result of the Labor Force continuing to grow while the Number of Persons Employed declines.
graph, Fountain Predictor, 1984-2007
The Fountain Predictor was named for Robert J. Fountain (Professor Emeritus, California State University, Sacramento) who suggested graphically comparing the twelve month percentage change in the Number of Persons Employed with the twelve month percentage change in the Civilian Labor Force as a measure of the economic health of an area.The theory suggests that as long as the percentage change in the Number of Persons Employed is larger than (above) the percentage change in the Civilian Labor Force, for that area, that area is in good economic health.
Taxable Sales
graph, Taxable Sales, all Outlets, 1995-2008
Taxable Sales, all Outlets in 2007 declined at a 1.3% ($100. million) rate, down from the 4.1% increase in 2006. The forecast for 2008, based on actual data through the 4th quarter of 2007, is for a decrease of 2.7% followed by a similar increase of 2.5% in 2009.
Building Permits
Residential Building Permits (total units) in Placer County declined from the high of 7,137 residential permits in 2002, to 3,220 permits in 2006 (a 54.8% decline). The decline continued in 2007 with a 28.1% drop to 2,316 residential permits issued and again in 2008, with a decline of -25.1% to 1,734 permits issued. The forecast for 2009. based on actual data through December, 2008, is another decline of -44.6%.
graph, Building Permits, 2000-2008
Data Tables
The Sacramento Forecast Project maintains files for these variables and the supporting variables for Placer County, in Excel format, that can be made available on request.
table, Number of Persosns Employed, 1995-2009
table, Unemployment Rate, 1995-2009
table, Taxable Sales, all Outlets, 1995-2009
table, Building Permits, 2000-2009
Placer County has several useful and informative locations on the Internet. For information about the county and its environment, try: The State of California maintains:
Data Providers:
Back to Sacramento Forecast Project
Update: January, 2009
Next Revision: July, 2009

Arthur N. Jensen, Emeritus Professor of Marketing
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California State University, Sacramento

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