Economic Profile

Latest Current reporting Year level period ago POPULATION Ventura County 703,000 July ’93 695,300 Camarillo 56,140 Jan. ’93 55,502 Fillmore 12,797 Jan. ’93 12,431 Moorpark 26,713 Jan. ’93 26,173 Ojai 7,853 Jan. ’93 7,754 Oxnard 149,571 Jan. ’93 146,432 Port Hueneme 20,471 Jan. ’93 19,889 Santa Paula 26,732 Jan. ’93 25,847 Simi Valley 102,982 Jan. ’93 101,799 Thousand Oaks 109,214 Jan. ’93 106,557 Ventura 96,112 Jan. ’93 94,340 EMPLOYMENT Agriculture 20,700 March 21,800 Oil & gas extraction 2,200 March 2,200 Construction 9,000 March 8,300 Durable manufacturing 29,700 March 30,900 High technology 9,900 March 10,100 Non-durable manufacturing 8,100 March 8,400 Transportation & public utilities 10,300 March 10,500 Wholesale trade 11,300 March 11,100 Retail trade 41,500 March 42,800 Finance, insurance & real estate 12,400 March 12,200 Services 64,500 March 63,900 Government 44,400 March 44,200 Total employment in county 246,000 March 248,600 Employed residents 353,800 March 341,300 Unemployment rate 8.4% March 8.2% Total employment California (thousands) 11,938 March 12,007 Nation (millions) 121.7 March 118.6 BUILDING PERMITS Residential permits, single-family Ventura County 145 Feb. 102 Camarillo 23 Feb. 2 Fillmore 0 Feb. 9 Moorpark 10 Feb. 7 Ojai 0 Feb. 0 Oxnard 3 Feb. 13 Port Hueneme 0 Feb. 0 Santa Paula 0 Feb. 0 Simi Valley 0 Jan. 1 Thousand Oaks 52 March 30 Ventura 53 Feb. 23 All residential units, single-family and multiple 275 Feb. 111 Value of all residential permits (in millions of dollars) Ventura County 45.3 Feb. 26.5 Camarillo 5.6 Feb. 0.8 Fillmore 0.0 Feb. 1.3 Moorpark 3.3 Feb. 1.4 Ojai 0.0 Feb. 0.0 Oxnard 10.4 Feb. 3.3 Port Hueneme 0.0 Feb. 0.0 Santa Paula 0.0 Feb. 0.6 Simi Valley 0.7 Jan. 0.9 Thousand Oaks 10.3 March 6.7 Ventura 7.5 Feb. 5.4 Value of commercial/industrial permits (in millions of dollars) Ventura County 33.8 Feb. 27.6 Camarillo 2.5 Feb. 2.5 Fillmore 0.0 Feb. 0.0 Moorpark 0.3 Feb. 5.1 Ojai 0.2 Feb. 0.0 Oxnard 3.8 Feb. 2.2 Port Hueneme 0.2 Feb. 9.4 Santa Paula 0.0 Feb. 0.0 Simi Valley 0.4 Jan. 0.6 Thousand Oaks 20.6 March 5.0 Ventura 1.9 Jan. 0.6 INFLATION RATE Southern California 1.8% March 3.0% RETAIL SALES Cities by quarter (in millions of dollars) Camarillo $50.4 1993 Q3 $54.9 Fillmore $10.1 1993 Q3 $10.9 Moorpark $12.1 1993 Q3 $11.9 Ojai $13.8 1993 Q3 $14.7 Oxnard $215.8 1993 Q3 $219.8 Port Hueneme $11.0 1993 Q3 $11.8 Santa Paula $21.2 1993 Q3 $23.5 Simi Valley $125.1 1993 Q3 $121.5 Thousand Oaks $259.7 1993 Q3 $251.8 Ventura $236.0 1993 Q3 $232.0 HOTEL / MOTEL ROOM SALES (In millions of dollars) Camarillo 1.6 1993 Q4 1.8 Ojai 2.0 1993 Q4 1.8 Oxnard 3.6 1993 Q4 3.1 Santa Paula 0.1 1993 Q4 0.2 Simi Valley 1.3 1993 Q4 1.2 Thousand Oaks 2.6 1993 Q4 2.6 Ventura 3.8 1993 Q3 3.6 MEDIAN HOME PRICES (In thousands of dollars) Ventura County $212.4 Jan.-Dec. $218.1 Camarillo $224.0 Jan.-Dec. $224.3 Fillmore $170.4 Jan.-Dec. $181.3 Moorpark $242.6 Jan.-Dec. $240.6 Ojai $208.9 Jan.-Dec. $219.9 Oxnard $180.3 Jan.-Dec. $186.9 Port Hueneme $166.4 Jan.-Dec. $165.1 Santa Paula $153.1 Jan.-Dec. $167.9 Simi Valley $193.6 Jan.-Dec. $200.5 Thousand Oaks $285.5 Jan.-Dec. $284.0 Ventura $191.7 Jan.-Dec. $196.1 HOME SALES Ventura County 791 Jan.-Feb. 682 MORTGAGE RATE Southern California average 6.15% 1993 Q4 7.28% HOUSING VACANCY RATE Ventura County 4.8% 1993 4.9% Camarillo 3.4% 1993 5.8% Fillmore 3.7% 1993 4.0% Moorpark 3.6% 1993 3.4% Ojai 3.1% 1993 3.3% Oxnard 4.9% 1993 4.8% Port Hueneme 10.6% 1993 10.3% Santa Paula 5.4% 1993 4.9% Simi Valley 3.2% 1993 3.1% Thousand Oaks 3.1% 1993 3.3% Ventura 5.0% 1993 4.9%

Percent change POPULATION Ventura County +1.1 Camarillo +1.1 Fillmore +2.9 Moorpark +2.1 Ojai +1.3 Oxnard +2.1 Port Hueneme +2.9 Santa Paula +3.4 Simi Valley +1.2 Thousand Oaks +2.5 Ventura +1.9 EMPLOYMENT Agriculture -5.0 Oil & gas extraction 0.0 Construction +8.4 Durable manufacturing -3.9 High technology -2.0 Non-durable manufacturing -3.6 Transportation & public utilities -1.9 Wholesale trade +1.8 Retail trade -3.0 Finance, insurance & real estate +1.6 Services +0.9 Government +0.5 Total employment in county -1.0 Employed residents +3.7 Unemployment rate +2.4 Total employment California (thousands) -0.6 Nation (millions) +2.7 BUILDING PERMITS Residential permits, single-family Ventura County +42.2 Camarillo +1050.0 Fillmore -100.0 Moorpark +42.9 Ojai 0.0 Oxnard -76.9 Port Hueneme 0.0 Santa Paula 0.0 Simi Valley -100.0 Thousand Oaks +73.3 Ventura +130.4 All residential units, single-family and multiple +147.7 Value of all residential permits (in millions of dollars) Ventura County +70.9 Camarillo +625.1 Fillmore -99.6 Moorpark +142.1 Ojai 0.0 Oxnard +213.6 Port Hueneme 0.0 Santa Paula -100.0 Simi Valley -13.2 Thousand Oaks +54.3 Ventura +37.5 Value of commercial/industrial permits (in millions of dollars) Ventura County +22.4 Camarillo +2.0 Fillmore 0.0 Moorpark -93.2 Ojai +424.8 Oxnard +71.9 Port Hueneme -97.9 Santa Paula 0.0 Simi Valley -32.5 Thousand Oaks +311.4 Ventura +235.1 INFLATION RATE Southern California -1.2 RETAIL SALES Cities by quarter (in millions of dollars) Camarillo -8.2 Fillmore -8.1 Moorpark +1.6 Ojai -6.5 Oxnard -1.8 Port Hueneme -6.7 Santa Paula -10.1 Simi Valley +3.0 Thousand Oaks +3.1 Ventura +1.7 HOTEL / MOTEL ROOM SALES (In millions of dollars) Camarillo -9.1 Ojai +11.2 Oxnard +16.1 Santa Paula -7.3 Simi Valley +4.0 Thousand Oaks -0.1 Ventura +5.0 MEDIAN HOME PRICES (In thousands of dollars) Ventura County -2.6 Camarillo -0.1 Fillmore -6.0 Moorpark +0.8 Ojai -5.0 Oxnard -3.5 Port Hueneme +0.8 Santa Paula -8.8 Simi Valley -3.4 Thousand Oaks +0.5 Ventura -2.2 HOME SALES Ventura County +16.0 MORTGAGE RATE Southern California average -1.13 HOUSING VACANCY RATE Ventura County -0.1 Camarillo -2.4 Fillmore -0.3 Moorpark +0.1 Ojai -0.3 Oxnard +0.1 Port Hueneme +0.3 Santa Paula +0.4 Simi Valley +0.04 Thousand Oaks -0.2 Ventura +0.1

Prepared by: UC Santa Barbara Economic Forecast Project