| Sacramento Forecast Project | Sutter County Economic Forecast | California State University, Sacramento |
| revised January, 2008 | ||
| Unemployment | Fountain Predictor | Taxable Sales | Data Tables | Resources | SFP Page | ||
| Number of Persons Employed |
| The number of persons employed (as measured by the Household Survey) in Sutter County increased at a slow 0.4% (130 persons) rate in 2007, slower than the 2.2% increase in 2006. The forecast for 2008, based on actual data through December, is for a slightly negative 0.1% (loss of 30 jobs). |
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| Unemployment |
| The average annual Unemployment Rate in Sutter County for 2007 was 9.7%, up almost a full percentage point from the 8.9% rate in 2006. The average annual rate for 2008, based on actual data through December, is forecasted to move back about the double-digit level to 10.4%. |
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| Fountain Predictor | |
| 1/20/08: The Predictor had maintained a primarily positive pattern since August, 2003, up until May, 2007 negative value of -1.162. That started the current negative span, with the largest negative coming at the end (December, 2007) at -3.211. The county is going into 2008 with the "predictor" in a very negative state -- Labor Force is growing (up 2.7% in December) while the number of employed persons declined by half a percent. | |
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| 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 |
| The growth in Taxable Sales, all Outlets, in 2006 was an increase of $30 million (2.1%) to $1,431.4 million, much slower than 12.7% increase in 2005. The forecast for 2007, based on actual data through the 4th quarter of 2006, is for an even slower 1.9% increase, followed by a slightly higher 2.1% increase in 2008. |
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| Data Tables | |
| The Sacramento Forecast Project maintains files for these variables and the supporting variables for Sutter County, in Excel format, that can be made available on request. | |
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| Resources | ||
Sutter County has several useful and informative locations on the Internet:
Data Providers: |
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Back to Sacramento Forecast Project Update: January, 2008 Next Revision: July, 2008 URL: http://www.csus.edu/indiv/j/jensena/sfp/sa11/yub2/sut/sutter.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] |