Economic Profile

Latest Current reporting Year level period ago POPULATION Ventura County 713,400 July ’94 703,600 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 10,600 Dec. 13,600 Oil & gas extraction 2,000 Dec. 2,200 Construction 10,000 Dec. 9,000 Durable manufacturing 20,200 Dec. 21,300 Electronic equipment 9,200 Dec. 9,600 Non-durable manufacturing 8,200 Dec. 8,000 Transportation & public utilities 10,300 Dec. 10,100 Wholesale trade 11,200 Dec. 10,900 Retail trade 44,900 Dec. 43,400 Finance, insurance & real estate 11,600 Dec. 12,200 Services 65,000 Dec. 64,200 Government 43,400 Dec. 44,000 Total employment in county 237,400 Dec. 238,900 Employed residents 345,300 Dec. 342,800 Unemployment rate 6.5% Dec. 8.0% Total employment California (thousands) 12,363 Dec. 12,335 Nation (millions) 124.6 Dec. 120.7 BUILDING PERMITS Residential permits, single-family Ventura County 1,649 Jan.-Dec. 1,166 Camarillo 160 Jan.-Dec. 79 Fillmore 33 Jan.-Dec. 59 Moorpark 0 Jan. ’95 10 Ojai 5 Jan.-Dec. 9 Oxnard 2 Jan. ’95 2 Port Hueneme 0 Jan.-Dec. 16 Santa Paula 5 Jan.-Dec. 9 Simi Valley 0 Jan. ’95 0 Thousand Oaks 42 Jan. ’95 0 Ventura 5 Jan. ’95 1 All residential units, single-family and multiple 2,464 Jan.-Dec. 1,372 Value of all residential permits (in millions of dollars) Ventura County $408.2 Jan.-Dec. $281.6 Camarillo $41.7 Jan.-Dec. $23.4 Fillmore $4.7 Jan.-Dec. $8.6 Moorpark $0.03 Jan. ’95 $3.0 Ojai $2.7 Jan.-Dec. $2.4 Oxnard $1.0 Jan. ’95 $5.6 Port Hueneme $1.3 Jan.-Dec. $2.7 Santa Paula $0.87 Jan.-Dec. $2.00 Simi Valley $0.7 Jan. ’95 $0.8 Thousand Oaks $8.4 Jan. ’95 $3.5 Ventura $1.5 Jan. ’95 $0.5 Value of commercial/industrial permits (in millions of dollars) Ventura County $157.1 Jan.-Dec. $179.1 Camarillo $24.2 Jan.-Dec. $11.8 Fillmore $0.9 Jan.-Dec. $0.1 Moorpark $0.03 Jan. ’95 $0.09 Ojai $1.3 Jan.-Dec. $1.8 Oxnard $0.7 Jan. ’95 $2.3 Port Hueneme $0.8 Jan.-Dec. $9.6 Santa Paula $1.76 Jan.-Dec. $1.47 Simi Valley $ 0.7 Jan. ’95 $0.6 Thousand Oaks $ 1.0 Jan. ’95 $16.1 Ventura $1.0 Jan. ’95 $ 0.6 INFLATION RATE Southern California 1.38% Jan. ’95 2.01% RETAIL SALES Cities by quarter (in millions of dollars) Camarillo $50.5 1994 Q2 $49.3 Fillmore $10.8 1994 Q2 $11.0 Moorpark $14.6 1994 Q2 $10.3 Ojai $13.3 1994 Q2 $13.9 Oxnard $235.7 1994 Q2 $214.0 Port Hueneme $10.2 1994 Q2 $10.5 Santa Paula $22.5 1994 Q2 $20.9 Simi Valley $135.6 1994 Q2 $125.2 Thousand Oaks $294.4 1994 Q2 $250.4 Ventura $238.1 1994 Q2 $223.6 HOTEL / MOTEL ROOM SALES (in millions of dollars) Camarillo 1.86 1994 Q4 1.62 Ojai 2.65 1994 Q4 1.99 Oxnard 2.88 1994 Q4 3.63 Santa Paula 0.13 1994 Q4 0.15 Simi Valley 1.62 1994 Q4 1.25 Thousand Oaks 2.90 1994 Q4 2.60 Ventura 3.20 1994 Q4 3.80 MEDIAN HOME PRICES (in thousands of dollars) Ventura County $196.7 Jan. ’95 $204.9 Camarillo $223.9 Jan.-Dec. 221.4 Fillmore $162.0 Jan.-Dec. $159.6 Moorpark $220.3 Jan.-Dec. $238.5 Ojai $208.6 Jan.-Dec. $207.7 Oxnard $175.4 Jan.-Dec. $179.7 Port Hueneme $140.4 Jan.-Dec. $163.1 Santa Paula $156.3 Jan.-Dec. $151.7 Simi Valley $177.4 Jan.-Dec. $189.9 Thousand Oaks $266.4 Jan.-Dec. $269.6 Ventura $187.6 Jan.-Dec. $189.7 HOME SALES Ventura County Sample 320 Jan. ’95 341 MORTGAGE RATE Southern California average 6.68% 1994 Q4 6.15% 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 +1.4 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 -22.1 Oil & gas extraction -9.1 Construction +11.1 Durable manufacturing -5.2 Electronic equipment -4.2 Non-durable manufacturing +2.5 Transportation & public utilities +2.0 Wholesale trade +2.8 Retail trade +3.5 Finance, insurance & real estate -4.9 Services +1.2 Government -1.4 Total employment in county -0.6 Employed residents +0.7 Unemployment rate -1.5 Total employment California (thousands) +0.2 Nation (millions) +3.2 BUILDING PERMITS Residential permits, single-family Ventura County +41.4 Camarillo +102.5 Fillmore -44.1 Moorpark -- Ojai -44.4 Oxnard -- Port Hueneme -- Santa Paula -44.4 Simi Valley -- Thousand Oaks -- Ventura +400.0 All residential units, single-family and multiple +79.6 Value of all residential permits (in millions of dollars) Ventura County +45.0 Camarillo +78.1 Fillmore -45.0 Moorpark -99.0 Ojai +12.2 Oxnard -82.8 Port Hueneme -50.7 Santa Paula -56.4 Simi Valley -4.1 Thousand Oaks +141.2 Ventura +188.5 Value of commercial/industrial permits (in millions of dollars) Ventura County -12.3 Camarillo +104.4 Fillmore +1188.1 Moorpark -63.3 Ojai -27.0 Oxnard -67.7 Port Hueneme -91.4 Santa Paula +19.8 Simi Valley +23.0 Thousand Oaks -93.8 Ventura +52.1 INFLATION RATE Southern California -0.63 RETAIL SALES Cities by quarter (in millions of dollars) Camarillo +2.5 Fillmore -1.6 Moorpark +41.2 Ojai -4.6 Oxnard +10.2 Port Hueneme -2.4 Santa Paula +8.0 Simi Valley +8.3 Thousand Oaks +17.6 Ventura +6.5 HOTEL / MOTEL ROOM SALES (in millions of dollars) Camarillo +14.2 Ojai +33.3 Oxnard -20.6 Santa Paula -14.2 Simi Valley +29.2 Thousand Oaks +11.7 Ventura -15.9 MEDIAN HOME PRICES (in thousands of dollars) Ventura County -4.0 Camarillo +1.1 Fillmore +1.5 Moorpark -7.7 Ojai +0.4 Oxnard -2.4 Port Hueneme -13.9 Santa Paula +3.0 Simi Valley -6.6 Thousand Oaks -1.2 Ventura -1.1 HOME SALES Ventura County Sample -6.2 MORTGAGE RATE Southern California average +0.53 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