Economic Profile

Latest Current reporting Year level period ago POPULATION Ventura County 708,200 Jan. ’94 699,400 Camarillo 56,500 Jan. ’94 56,140 Fillmore 12,900 Jan. ’94 12,797 Moorpark 27,150 Jan. ’94 26,713 Ojai 7,925 Jan. ’94 7,853 Oxnard 151,900 Jan. ’94 149,400 Port Hueneme 21,850 Jan. ’94 20,471 Santa Paula 26,850 Jan. ’94 26,732 Simi Valley 103,700 Jan. ’94 102,900 Thousand Oaks 110,300 Jan. ’94 109,100 Ventura 97,000 Jan. ’94 96,000 EMPLOYMENT Agriculture 10,500 Nov. 13,900 Oil & gas extraction 2,000 Nov. 2,200 Construction 10,400 Nov. 9,400 Durable manufacturing 20,100 Nov. 21,300 Electronic equipment 9,200 Nov. 9,600 Non-durable manufacturing 8,400 Nov. 8,400 Transportation & public utilities 10,400 Nov. 10,200 Wholesale trade 11,300 Nov. 10,700 Retail trade 43,700 Nov. 42,800 Finance, insurance & real estate 11,500 Nov. 12,200 Services 65,200 Nov. 64,300 Government 43,000 Nov. 44,000 Total employment in county 236,500 Nov. 239,400 Employed residents 343,600 Nov. 341,400 Unemployment rate 7.7% Nov. 8.5% Total employment California (thousands) 12,337 Nov. 12,328 Nation (millions) 123.5 Oct. 119.9 BUILDING PERMITS Residential permits, single-family Ventura County 1,378 Jan.-Oct. 965 Camarillo 113 Jan.-Sept. 69 Fillmore 33 Jan.-Nov. 56 Moorpark 141 Jan.-Nov. 94 Ojai 4 Jan.-Oct. 8 Oxnard 134 Jan.-Oct. 157 Port Hueneme 0 Jan.-Sept. 16 Santa Paula 4 Jan.-Oct. 8 Simi Valley 101 Jan.-Oct. 103 Thousand Oaks 257 Jan.-Sept. 91 Ventura 399 Jan.-Oct. 123 All residential units, single-family and multiple 1,907 Jan.-Oct. 1,124 Value of all residential permits (in millions of dollars) Ventura County $330.5 Jan.-Oct. $231.7 Camarillo $30.9 Jan.-Sept. $18.6 Fillmore $4.7 Jan.-Nov. $8.2 Moorpark $42.3 Jan.-Nov. $26.8 Ojai $2.1 Jan.-Sept. $ 1.5 Oxnard $38.9 Jan.-Oct. $35.0 Port Hueneme $1.1 Jan.-Sept. $2.5 Santa Paula $0.75 Jan.-Oct. $1.79 Simi Valley $30.1 Jan.-Oct. $28.7 Thousand Oaks $57.0 Jan.-Sept. $28.9 Ventura $70.2 Jan.-Oct. $24.7 Value of commercial/industrial permits (in millions of dollars) Ventura County $137.3 Jan.-Oct. $147.1 Camarillo $22.5 Jan.-Sept. $9.3 Fillmore $0.5 Jan.-Nov. $0.0 Moorpark $9.1 Jan.-Nov. $17.1 Ojai $0.1 Jan.-Sept. $0.89 Oxnard $22.4 Jan.-Oct. $46.9 Port Hueneme $0.5 Jan.-Sept. $9.5 Santa Paula $1.72 Jan.-Oct. $1.36 Simi Valley $13.8 Jan.-Oct. $16.3 Thousand Oaks $30.2 Jan.-Sept. $19.3 Ventura $8.8 Jan.-Oct. $12.4 INFLATION RATE Southern California 0.86% Nov. 2.29% RETAIL SALES Cities by quarter (in millions of dollars) Camarillo $48.2 1994 Q1 $48.7 Fillmore $8.9 1994 Q1 $8.9 Moorpark $16.6 1994 Q1 $10.7 Ojai $11.8 1994 Q1 $12.5 Oxnard $221.0 1994 Q1 $199.9 Port Hueneme $9.8 1994 Q1 $10.1 Santa Paula $20.0 1994 Q1 $20.5 Simi Valley $120.6 1994 Q1 $114.2 Thousand Oaks $265.3 1994 Q1 $230.1 Ventura $218.4 1994 Q1 $210.3 HOTEL / MOTEL ROOM SALES (in millions of dollars) Camarillo 2.14 1994 Q3 1.86 Ojai 3.13 1994 Q3 2.26 Oxnard 4.28 1994 Q3 4.65 Santa Paula 0.17 1994 Q3 0.19 Simi Valley 1.54 1994 Q3 1.04 Thousand Oaks 3.36 1994 Q3 3.08 Ventura 5.89 1994 Q3 5.70 MEDIAN HOME PRICES (in thousands of dollars) Ventura County $207.2 Jan.-Oct. $213.1 Camarillo $226.7 Jan.-Aug. $223.0 Fillmore $160.1 Jan.-Aug. $181.0 Moorpark $218.7 Jan.-Aug. $248.2 Ojai $208.8 Jan.-Aug. $211.1 Oxnard $172.5 Jan.-Aug. $177.1 Port Hueneme $144.6 Jan.-Aug. $169.8 Santa Paula $153.9 Jan.-Aug. $157.6 Simi Valley $177.1 Jan.-Aug. $190.9 Thousand Oaks $265.6 Jan.-Aug. $264.5 Ventura $183.6 Jan.-Aug. $189.6 HOME SALES Ventura County 6,077 Jan.-Oct. 5,222 MORTGAGE RATE Southern California average 6.76% 1994 Q3 6.47% HOUSING VACANCY RATE Ventura County 5.0% 1994 4.8% Camarillo 3.5% 1994 3.4% Fillmore 4.0% 1994 3.7% Moorpark 3.6% 1994 3.6% Ojai 2.9% 1994 3.1% Oxnard 5.3% 1994 4.9% Port Hueneme 10.7% 1994 10.6% Santa Paula 5.4% 1994 5.4% Simi Valley 3.3% 1994 3.2% Thousand Oaks 3.0% 1994 3.1% Ventura 5.1% 1994 5.0%

Percent change POPULATION Ventura County +1.3 Camarillo +0.6 Fillmore +0.8 Moorpark +1.6 Ojai +0.9 Oxnard +1.7 Port Hueneme +6.7 Santa Paula +0.4 Simi Valley +0.8 Thousand Oaks +1.1 Ventura +1.0 EMPLOYMENT Agriculture -24.5 Oil & gas extraction -9.1 Construction +10.6 Durable manufacturing -5.6 Electronic equipment -4.2 Non-durable manufacturing -- Transportation & public utilities +2.0 Wholesale trade +5.6 Retail trade +2.1 Finance, insurance & real estate -5.7 Services +1.4 Government -2.3 Total employment in county -1.2 Employed residents +0.6 Unemployment rate -0.8 Total employment California (thousands) +0.1 Nation (millions) +3.0 BUILDING PERMITS Residential permits, single-family Ventura County +42.8 Camarillo +63.8 Fillmore -41.1 Moorpark +50.0 Ojai -50.0 Oxnard -14.6 Port Hueneme -- Santa Paula -50.0 Simi Valley -1.9 Thousand Oaks +182.4 Ventura +224.4 All residential units, single-family and multiple +69.7 Value of all residential permits (in millions of dollars) Ventura County +42.6 Camarillo +66.5 Fillmore -42.9 Moorpark +57.5 Ojai +39.7 Oxnard +11.3 Port Hueneme -54.5 Santa Paula -58.0 Simi Valley +5.0 Thousand Oaks +96.8 Ventura +184.1 Value of commercial/industrial permits (in millions of dollars) Ventura County -6.7 Camarillo +141.5 Fillmore -- Moorpark -46.7 Ojai -88.4 Oxnard -52.1 Port Hueneme -95.1 Santa Paula +26.0 Simi Valley -15.8 Thousand Oaks +56.5 Ventura -28.9 INFLATION RATE Southern California -1.43 RETAIL SALES Cities by quarter (in millions of dollars) Camarillo -1.0 Fillmore -- Moorpark +55.1 Ojai -5.6 Oxnard +10.6 Port Hueneme -3.0 Santa Paula -2.4 Simi Valley +5.6 Thousand Oaks +15.3 Ventura +3.9 HOTEL / MOTEL ROOM SALES (in millions of dollars) Camarillo +15.4 Ojai +38.4 Oxnard -7.9 Santa Paula -11.2 Simi Valley +47.8 Thousand Oaks +9.3 Ventura +3.3 MEDIAN HOME PRICES (in thousands of dollars) Ventura County -2.8 Camarillo +1.7 Fillmore -11.5 Moorpark -11.9 Ojai -1.1 Oxnard -2.6 Port Hueneme -14.8 Santa Paula -2.3 Simi Valley -7.2 Thousand Oaks +0.4 Ventura -3.2 HOME SALES Ventura County +16.4 MORTGAGE RATE Southern California average +0.29 HOUSING VACANCY RATE Ventura County +0.2 Camarillo +0.1 Fillmore +0.3 Moorpark +0.1 Ojai -0.1 Oxnard +0.5 Port Hueneme +0.1 Santa Paula +0.1 Simi Valley +0.1 Thousand Oaks -0.1 Ventura --

Prepared by: UC Santa Barbara Economic Forecast Project