2009 business outlook summit the louisiana (and northeast louisiana) economy

2009 Business Outlook Summit

The Louisiana (and Northeast Louisiana) Economy

Prepared and presented by:

John Francis, PHD Assistant Professor of Economics (Louisiana Tech University)

Robert Eisenstadt, PhD Associate Professor of Economics (University of LA Monroe)

The following presentation will be available for review on-line at:

cba.ulm.edu/cber

Louisiana Gross State Product ($millions): The illusion of our insularity.

GSP 2004$139,327Rank = 25GSP 2007$151,039Rank = 25% change in GSP 2003-057.1%Rank = 21% change in GSP 2005-077.0%Rank = 11

pc gsp to rank

StateComponent19971998199920002001200220032004200520062007p03-05p05-07staterateranklowest 3

LouisianaPer capita real GDP by state (chained 2000 dollars)29164303323072129429289742905429475310453140834702351810.06558100080.12012862961Louisiana pc growth 2003-050.065612

New YorkPer capita real GDP by state (chained 2000 dollars)35965372623900640910416424137942087430934472347016490380.06263216670.09648279412idaho1ind48

OregonPer capita real GDP by state (chained 2000 dollars)28922300853074532770318283265633148351313558337712383390.07345842890.0774527162348necvada2sc49

UtahPer capita real GDP by state (chained 2000 dollars)28343290742976930105297862956529562300143093931923327740.0465800690.0593102557418calif3mich50

KansasPer capita real GDP by state (chained 2000 dollars)28875298493016730752310623143331863323413286634055347700.03147851740.0579322096541fla4

ConnecticutPer capita real GDP by state (chained 2000 dollars)43268448174526947021469994595445914476264908250604519110.06899856250.05763823816

MassachusettsPer capita real GDP by state (chained 2000 dollars)36472383654039543209431734275643625445384500846319473510.03170200570.0520574127LouisianaPC growth2005-070.12011

OklahomaPer capita real GDP by state (chained 2000 dollars)24566248142527225986264932666326952276792804428649294700.04051647370.05084866648New York2

WyomingPer capita real GDP by state (chained 2000 dollars)32693327953454835085367393699637745378313835640365403030.01618757450.0507612899Oregon3ind48

HawaiiPer capita real GDP by state (chained 2000 dollars)33353325603284133181333403344334329355903703037874388500.07867983340.049149338410Utah4mich49

NebraskaPer capita real GDP by state (chained 2000 dollars)31298316793189632380324863299934506349413539536533370750.02576363530.047464331111Kansas5del50

WashingtonPer capita real GDP by state (chained 2000 dollars)33214354123758137546367563647636765371593856539274403610.04895960830.046570724812

TexasPer capita real GDP by state (chained 2000 dollars)31788330693400634715349253500134908358953612437073377930.03483442190.04620197113

North DakotaPer capita real GDP by state (chained 2000 dollars)26214270672676527684281392968831354313473321333798346940.05929068060.044590973414

MontanaPer capita real GDP by state (chained 2000 dollars)22586231202331323652239152444125414259172703727554282010.0638624380.043052113815Per Capita GSP Growth: State Ranking

MississippiPer capita real GDP by state (chained 2000 dollars)22200225712286322562224152258323204235372352824226244770.01396310980.040334920116

North CarolinaPer capita real GDP by state (chained 2000 dollars)31305321453358833874339213394434010346213568337026370530.04919141430.038393632817

CaliforniaPer capita real GDP by state (chained 2000 dollars)32121336103572237853371243714637817393824085642102423760.08036068430.037203837918

Rhode IslandPer capita real GDP by state (chained 2000 dollars)29686299723038131984322883272934017352613524436365365430.03607020020.036857337419

IowaPer capita real GDP by state (chained 2000 dollars)29640297673001730799304983166832443342453460335413358140.06657830660.034996965620

MarylandPer capita real GDP by state (chained 2000 dollars)31548324563338133962348813560836040371183825938950395960.06157047720.034946025821

United StatesPer capita real GDP by state (chained 2000 dollars)31619326433370234547345013467335207360863683637623380200.04626920780.032142469322

KentuckyPer capita real GDP by state (chained 2000 dollars)28228283912879727636275762824428497289712943129955303640.03277537990.031701267423

New JerseyPer capita real GDP by state (chained 2000 dollars)38464393103996740895417994182242607434884370344649450520.02572347270.030867446224Per Capita GSP Growth: State Ranking

PennsylvaniaPer capita real GDP by state (chained 2000 dollars)29678307203134331714321983274733389337013412034699351530.0218934380.030275498225Rank 2003-2005Rank 2005-2007

New MexicoPer capita real GDP by state (chained 2000 dollars)25783258032768227858278432790128710300793010730527309430.04865900380.027767628826Idaho146

IllinoisPer capita real GDP by state (chained 2000 dollars)34879358533664237317371433706037963384513854239216395680.01525169240.026620310327Nevada248

South DakotaPer capita real GDP by state (chained 2000 dollars)27082282372909430565307713321833494343103468935133355960.03567803190.026146617128California318

VermontPer capita real GDP by state (chained 2000 dollars)25955269892803629155302883073431767327683335933719341970.05011489910.025120657129Florida441

AlaskaPer capita real GDP by state (chained 2000 dollars)45877431894332843084406824360142095437364381345060448070.0408124480.022687330230Louisiana121

MainePer capita real GDP by state (chained 2000 dollars)26582264982705127827281562837228647297342962629935302820.03417460820.022142712531

VirginiaPer capita real GDP by state (chained 2000 dollars)33098344303551836699374973724238186394134077341222416170.0677473420.02069997332

MinnesotaPer capita real GDP by state (chained 2000 dollars)34234354393616637512373863806638939403204052140810413530.04062764840.020532563433

ArizonaPer capita real GDP by state (chained 2000 dollars)26903283962980130680308333064531223314293300233991336550.05697722830.019786679634

AlabamaPer capita real GDP by state (chained 2000 dollars)24626251332583025737259002643427086283572905629317296030.07273130030.018825715935

ArkansasPer capita real GDP by state (chained 2000 dollars)24018244732529224941248982548826018270492736727631277810.05184872010.015127708636

WisconsinPer capita real GDP by state (chained 2000 dollars)30419315123233832699328063311833631341193440034709348900.02286580830.01424418637

ColoradoPer capita real GDP by state (chained 2000 dollars)34318359373771139707394143892938752391814037940796408050.04198492980.010550038438

West VirginiaPer capita real GDP by state (chained 2000 dollars)22321224892319922953233052358423644242832473324961249290.04605819660.007924635139

New HampshirePer capita real GDP by state (chained 2000 dollars)30777327973323335083346643503635770368893711037525373750.037461560.007140932440

FloridaPer capita real GDP by state (chained 2000 dollars)27308281282876229367296592983830686316313319733771334170.0818288470.006627104941

TennesseePer capita real GDP by state (chained 2000 dollars)29647301943078330657306283156832207333633353933907337420.04135746890.006052655142

South CarolinaPer capita real GDP by state (chained 2000 dollars)2677227333279022796328072281902884928529288002883928894-0.00169849910.003263888943

MissouriPer capita real GDP by state (chained 2000 dollars)30688310873109231520315183169732113324433254632388325900.01348363590.001351932644

OhioPer capita real GDP by state (chained 2000 dollars)31089320673250732735321023271733116338293402833927340400.02753955790.000352650845

IdahoPer capita real GDP by state (chained 2000 dollars)23427239572567626923266632659726740284572989229842298430.1178758414-0.001639234646

GeorgiaPer capita real GDP by state (chained 2000 dollars)32629338303515435341347693423334286348313536935033352650.0315872368-0.002940428147

NevadaPer capita real GDP by state (chained 2000 dollars)36551360923652136522358563556036447385664037941139402100.107882679-0.004185343948

IndianaPer capita real GDP by state (chained 2000 dollars)29697308683132031915310713199932898336913319332848327240.0089671105-0.014129485149

MichiganPer capita real GDP by state (chained 2000 dollars)3234432808336453387432664335393385633442335643312932846-0.0086247637-0.021391967650

DelawarePer capita real GDP by state (chained 2000 dollars)50931508905261952733540375334955021563645879258242564960.0685374675-0.0390529324

1

The importance of oil in Louisianas growth.GDP Growth and Oil Prices (index)

Chart2

1.22381859951.27523413111.1806818754

1.25990238591.29240374611.1734400967

1.316634751.58792924041.2852898222

1.40658757662.10613943811.4434204563

1.49864360522.81217481791.6492118648

1.59448230643.34183142561.8374578234

1.67005807923.72684703431.9522888654

us

oilpx

la

Sheet1

usarlamstxoilpoilpx

19971111119.221

19981.05587855491.04557454761.04087223651.04222640891.052432606712.590.6550468262

19991.1213757091.11109398181.09541219721.08129914811.11952137917.730.9224765869

20001.1885839311.12516138981.16511054041.09436435121.21925985729.031.5104058273

20011.22381859951.15863411251.18068187541.12115006551.278003307224.511.2752341311

20021.25990238591.21178193591.17344009671.15119184141.304721159524.841.2924037461

20031.316634751.26531516771.28528982221.21999918091.381094244130.521.5879292404

20041.40658757661.37480970461.44342045631.29218545221.510139396740.482.1061394381

20051.49864360521.43479852771.64921186481.34258273261.644117075954.052.8121748179

20061.59448230641.51278592491.83745782341.43596412191.797180012764.233.3418314256

20071.67005807921.58996396431.95228886541.50059387291.923417622571.633.7268470343

laoilpx

199711

19981.04087223650.6550468262

19991.09541219720.9224765869

20001.16511054041.5104058273

20011.18068187541.2752341311

20021.17344009671.2924037461

20031.28528982221.5879292404

20041.44342045632.1061394381

20051.64921186482.8121748179

20061.83745782343.3418314256

20071.95228886543.7268470343

usarlamstxoilpxoilp

199711111119.22

19981.05587855491.04557454761.04087223651.04222640891.05243260670.655046826212.59

19991.1213757091.11109398181.09541219721.08129914811.1195213790.922476586917.73

20001.1885839311.12516138981.16511054041.09436435121.2192598571.510405827329.03

20011.22381859951.15863411251.18068187541.12115006551.27800330721.275234131124.51

20021.25990238591.21178193591.17344009671.15119184141.30472115951.292403746124.84

20031.316634751.26531516771.28528982221.21999918091.38109424411.587929240430.52

20041.40658757661.37480970461.44342045631.29218545221.51013939672.106139438140.48

20051.49864360521.43479852771.64921186481.34258273261.64411707592.812174817954.05

20061.59448230641.51278592491.83745782341.43596412191.79718001273.341831425664.23

20071.67005807921.58996396431.95228886541.50059387291.92341762253.726847034371.63

usoilpxla

1997111

19981.05587855490.65504682621.0408722365

19991.1213757090.92247658691.0954121972

20001.1885839311.51040582731.1651105404

20011.22381859951.27523413111.1806818754

20021.25990238591.29240374611.1734400967

20031.316634751.58792924041.2852898222

20041.40658757662.10613943811.4434204563

20051.49864360522.81217481791.6492118648

20061.59448230643.34183142561.8374578234

20071.67005807923.72684703431.9522888654

usoilpxla

20011.22381859951.27523413111.1806818754

20021.25990238591.29240374611.1734400967

20031.316634751.58792924041.2852898222

20041.40658757662.10613943811.4434204563

20051.49864360522.81217481791.6492118648

20061.59448230643.34183142561.8374578234

20071.67005807923.72684703431.9522888654

Sheet1

la

oilpx

Sheet2

us

ar

la

ms

tx

oilpx

Sheet3

us

oilpx

la

us

oilpx

la

Employment by the Numbers

United States200620072008Employment146,081,000146,294,000143,350,000Unemployment6,491,0007,541,00010,999,000Unemployment Rate4.3%4.9%7.1%Labor Force152,572,000153,836,000154,349,000

Louisiana200620072008Employment1,922,9431 ,937,0931,970,615Unemployment71,65779,895116,172Unemployment Rate3.6%4.0%5.6%Labor Force1,994,6002 ,016,9882,086,787

Louisiana employment growth has been relatively strong.Employment data from LA Dept. Of Labor; and U.S. Bureau of Economic Analysis.

Chart2

11

1.0234688511.0052721454

1.04457804161.0148545518

1.04329300371.01519498

1.03452318331.0082970651

1.03258435411.0108238214

1.04341324121.0146743544

1.05938979480.9997943454

1.07703464340.982739489

1.08826181711.0138761949

1.07716239571.0536224411

USA

Louisiana

Employment Index: US and Louisiana (1998=100)

Sheet1

YearEventDirect employmentIndirect employmentTotal FTE employment supportedDirect payrollIndirect HH incomeTotal HH income supported

2004State Farm1,1501,9003,050$50,000,000$50,000,000$100,000,000

2008Guide Plant7001,3002000$50,000,000$50,000,000$100,000,000

2008-09IP Bastrop5501,6002150$30,000,000$48,000,000$78,000,000

2009Pilgrims Pride Farmerville1,3003,5004,800$25,000,000$60,000,000$85,000,000

Total NELA3,7008,30012,000$155,000,000$208,000,000$363,000,000

2009Pilgrims Pride El Dorado8002,2003,000$15,500,000$37,200,000$52,700,000

Total w/El Dorado4,50010,50015000$170,500,000$245,200,000$415,700,000

Employment in Northeast LA

Monroe-Bastrop, LA (EA)LineCodeLineTitle1997199819992000200120022003200420052006

5711310Personal income ($000)$6,045,902$6,245,924$6,511,920$6,813,980$7,212,684$7,361,538$7,595,226$7,850,436$8,265,094$8,690,858

5711320Population (persons) 3/$334,580$334,176$333,534$333,349$331,155$330,625$331,017$331,064$329,407$330,638

5711330Per capita personal income (dollars) 4/$18,070$18,691$19,524$20,441$21,780$22,266$22,945$23,713$25,091$26,285

5711350Wage and salary disbursements$2,855,058$3,001,198$3,178,002$3,289,952$3,388,080$3,496,425$3,497,311$3,570,518$3,693,258$3,895,496

571137010Total employment157102159570163074166131165805166029165190165760165539168510

571137020Wage and salary employment132530134760137593140054139119138104136338135254133693135239

571137040Proprietors employment24572248102548126077266862792528852305063184633271

Source: Regional Economic Information System, Bureau of Economic Analysis, U.S. Department of Commerce

CA04 Footnoteshttp://www.bea.gov/regional/reis/CA04fn.cfm

emplyment199319941995199619971998199920002001200220032004200520062007

Monroe-Bastrop,124,846126,065129,901132,200132,530134,760137,593140,054139,119138,104136,338135,254133,908135,403135,096

Louisiana1788488184045418903471922940196017920033592013921203311820338002019981202504320327572002947196878020311582110784

Lincoln191311935019667198791982020181206392057820025191011908619276192101966919931

Morehouse980295099822992595639651951193419384913990958527844183898241

Ouachita648956591968612702207066572552743597661276922775227653176242754707622876069

Monroe, LA (MSA)702417146674293759997680178836809948311283226842288304482653815578209281750

Monroe-Bastrop, LA (EA)124846126065129901132200132530134760137593140054139119138104136338135254133908135403135096

USA121596000124481000126807000129750000133070000136193000139002000138831000137664000137406000138847000140973000143321000144815000143338000

19981999200020012002200320042005200620072008 (dec)

USA11.0234688511.04457804161.04329300371.03452318331.03258435411.04341324121.05938979481.07703464341.08826181711.0771623957

Louisiana11.00527214541.01485455181.015194981.00829706511.01082382141.01467435440.99979434540.9827394891.01387619491.0536224411

Monroe-Bastrop11.02102255861.03928465421.03234639361.0248144851.01170970611.00366577620.99367764921.00477144551.00249332150

Lincoln11.02269461371.01967196870.99226995690.94648431690.94574104360.95515583970.95188543680.97462960210.98761211040

Morehouse10.98549373120.96787897630.97233447310.94694850270.94238938970.88353538490.87462439130.86923634860.85390115010

Ouachita11.02490627411.05595986331.06023266071.06850259121.05484342261.05086007281.04021942881.05066710771.04847557610

1994148.2

1995152.4

1996156.9

1997160.5

1998163

1999166.6

2000172.2

2001177.1

2002179.9

2003184

2004188.9

2005195.3

2006201.6

2007207.342

2008215.303

cpi144.5148.2152.4156.9160.5163166.6172.2177.1179.9184188.9195.3201.6207.342215.303

cpi factor1.48998615921.45278677461.41274934381.37223072021.34145171341.32087730061.2923349341.25030778161.21571428571.19679266261.1701251.13977236631.1024219151.06797123021.03839550121

199319941995199619971998199920002001200220032004200520062007

Monroe-Bastrop,11.00976402931.04048988351.05890457041.06154782691.07940983291.10210178941.12181407491.11432484821.1061948321.09204940491.08336670781.07258542521.08456017811.0821011486

Louisiana1.0000001.0290561.0569531.0751761.0959981.1201411.1260471.1367801.1371621.1294351.1322651.1365781.1199111.1008071.135684

199319941995199619971998199920002001200220032004200520062007

Lincoln1.0000001.0114471.0280171.0390991.0360151.0548851.0788251.0756361.0467300.9984320.9976481.0075791.0041291.0281221.041817

Morehouse1.0000000.9701081.0020401.0125480.9756170.9845950.9703120.9529690.9573560.9323610.9278720.8699250.8611510.8558460.840747

Ouachita1.0000001.0157791.0572771.0820561.0889131.1179911.1458361.1805531.1853301.1945761.1793051.1748521.1629561.1746361.172186

Monroe, LA (MSA)1.0000001.0174401.0576871.0819751.0933931.1223641.1530871.1832411.1848641.1991291.1822721.1767061.1611021.1687191.163850

Monroe-Bastrop1.0000001.0097641.0404901.0589051.0615481.0794101.1021021.1218141.1143251.1061951.0920491.0833671.0725851.0845601.082101

wages and salariescurrent $

AreaName19941995199619971998199920002001200220032004200520062007

Louisiana4158015044051616460809864923823752655146536385685557184558061193595734936132540363920460662981537079921076342241

Lincoln373652393814401842419423449381464201478330486304480763481451500742510309543382578581

Morehouse184404191758201552203185213536219340225132230884235846245163234526233865231645236483

Ouachita14030921527192159395016525551733708185589019286752000049209153520851582129820221434623355052431575

Monroe, LA (MSA)14907201620544169358717594331847545197927020549222125502222853622183952267696235170824761882575009

United States32274830003415368000361569900038740110004179922000446365000048259060004939944000497652200051072980005388680000566539200060207990006355759000

Louisiana4158015044051616460809864923823752655146536385685557184558061193595734936132540363920460662981537079921076342241

wages and salariesconstant $

19941995199619971998199920002001200220032004200520062007

Louisiana61953847.996193863997605.1258365100882.734632567566221.420082970634335.820797570849966.908613571817436.638865572594361.419738772424346.4973393792.340794974794928.257575564802.728210778050600.668868481531317.0338442

Lincoln556736.308346021572127.770863698567702.021824147575545.125360102602822.912417445613152.563822086618162.568967587608029.675447155584470.447142857576197.024196776585930.73275581636.096490206599036.225017921617907.862316468

Morehouse274759.407695502278583.486329285284742.455748031278816.69888464286448.233071651289721.227116564290945.948355342288676.061858304286721.351428571293409.279538633274424.73575266552.864452091255370.524500768252557.040421627

Ouachita2090587.660041522218684.339919032251851.816601052267686.737826642325685.567127732451402.973435582492494.078781512500676.828379792542708.978571432495501.794741522492155.62752523850.380296452574711.894598052596852.14397321

Monroe, LA (MSA)2221152.167197232354304.890904182392613.922972442414348.01274062478392.405825552614372.814785282655647.487190882657531.690511032709263.051428572654958.858727072653487.7822680411.792080472729803.916866362750035.5293998

United States4808904998.955024961801460.890695108076389.744095316036904.608035607163528.760125895933962.883446236686911.872756176450424.11156050028888.571436112376772.0622663054291856457257246.034946637460763.42556787767757.82242

Louisiana61953847.996193863997605.1258365100882.734632567566221.420082970634335.820797570849966.908613571817436.638865572594361.419738772424346.4973393792.340794974794928.257575564802.728210778050600.668868481531317.0338442

wages and salariesconstant $ indexed

19941995199619971998199920002001200220032004200520062007

Louisiana11.03298838081.0507964371.09058958571.14011216581.14359267751.15920865231.1717490321.1690048131.18465268451.20726848581.21969506611.25981844861.3160008566

Lincoln11.02764587521.01969642241.03378406751.08277995051.10133388941.11033277281.0921322471.04981557411.03495499681.05243851351.04472456311.0759783691.1098752732

Morehouse11.0139179171.03633378071.01476670531.04254203881.05445425711.05891168861.05065032821.04353606611.06787710020.99878194550.97013189350.92943323270.9191934229

Ouachita11.06127304891.0771381941.08471258161.1124554171.17259037751.19224566681.19615975751.21626518091.19368436081.19208377391.20724446461.23157327661.2421637196

19941995199619971998199920002001200220032004200520062007

Monroe, LA (MSA)11.05994759191.07719496141.08698001351.11581387461.17703453791.19561708851.19646538841.21975571571.19530705641.19464475291.20676639431.22900355821.2381121699

United States11.03179444431.0622119571.1054568361.16599590341.2260450071.2969037471.28437771711.25808866881.27105375831.3111985341.3427708071.38024368641.4114996573

Louisiana11.03298838081.0507964371.09058958571.14011216581.14359267751.15920865231.1717490321.1690048131.18465268451.20726848581.21969506611.25981844861.3160008566

housing

permits

auto sales

bank ruptsies

population data

migration

tax data

education revenue/expenditures

US average spending on education

Sheet1

11

1.00976402931.0290558282

1.04048988351.0569525767

1.05890457041.0751763501

1.06154782691.0959978485

1.07940983291.1201411472

1.10210178941.1260466942

1.12181407491.1367803418

1.11432484821.1371616695

1.1061948321.1294350312

1.09204940491.1322653549

1.08336670781.1365784954

1.07258542521.119910785

1.08456017811.1008069386

1.08210114861.1356844441

Monroe-Bastrop,

Louisiana

Wage and Salary Employment (NE Louisiana, Louisiana)(Index: 1993 = 100)

Sheet2

111

1.01144738910.97010814121.0157793359

1.0280173541.00204039991.05727714

1.03909884481.01254845951.0820556283

1.0360148450.9756172211.0889128592

1.0548847420.98459498061.1179906002

1.07882494380.97031218121.1458355806

1.07563640170.95296878191.1805532013

1.04673043750.95735564171.1853301487

0.99843186450.93236074271.1945758533

0.99764779680.92787186291.1793050312

1.00757932150.86992450521.1748516835

1.00412942340.86115078561.1629555436

1.02812189640.85584574581.1746359504

1.04181694630.84074678641.1721858387

Lincoln

Morehouse

Ouachita

Wage and Salary Employment (Lincoln, Morehouse, Ouachita)(Index: 1993 = 100)

Sheet3

1111

1.03298838081.02764587521.0139179171.0612730489

1.0507964371.01969642241.03633378071.077138194

1.09058958571.03378406751.01476670531.0847125816

1.14011216581.08277995051.04254203881.112455417

1.14359267751.10133388941.05445425711.1725903775

1.15920865231.11033277281.05891168861.1922456668

1.1717490321.0921322471.05065032821.1961597575

1.1690048131.04981557411.04353606611.2162651809

1.18465268451.03495499681.06787710021.1936843608

1.20726848581.05243851350.99878194551.1920837739

1.21969506611.04472456310.97013189351.2072444646

1.25981844861.0759783690.92943323271.2315732766

1.31600085661.10987527320.91919342291.2421637196

Louisiana

Lincoln

Morehouse

Ouachita

111

1.05994759191.03179444431.0329883808

1.07719496141.0622119571.050796437

1.08698001351.1054568361.0905895857

1.11581387461.16599590341.1401121658

1.17703453791.2260450071.1435926775

1.19561708851.2969037471.1592086523

1.19646538841.28437771711.171749032

1.21975571571.25808866881.169004813

1.19530705641.27105375831.1846526845

1.19464475291.3111985341.2072684858

1.20676639431.3427708071.2196950661

1.22900355821.38024368641.2598184486

1.23811216991.41149965731.3160008566

Monroe, LA (MSA)

United States

Louisiana

00

00

00

00

00

00

00

00

00

00

00

USA

Louisiana


Sheet1

initial claimscontinuing claims

1/7/06555,1143,162,229

1/14/06439,8733,044,306

1/21/06317,9263,051,709

1/28/06318,8053,074,962

2/4/06321,5273,006,942

2/11/06310,0783,017,838

2/18/06269,5712,905,648

2/25/06272,4782,975,296

3/4/06301,8672,860,513

3/11/06294,7642,840,272

3/18/06269,2372,750,543

3/25/06265,3702,680,141

4/1/06253,9852,571,168

4/8/06314,6962,504,901

4/15/06268,4722,482,997

4/22/06291,3492,404,269

4/29/06279,7152,297,774

5/6/06317,2392,227,582

5/13/06288,9722,237,925

5/20/06277,1682,197,167

5/27/06292,7142,163,894

6/3/06260,2632,227,031

6/10/06285,8922,226,057

6/17/06277,4412,219,876

6/24/06287,5032,261,568

7/1/06304,6382,211,698

7/8/06418,3632,517,917

7/15/06377,1152,499,741

7/22/06288,8752,358,926

7/29/06259,9742,366,848

8/5/06275,4302,348,543

8/12/06256,2592,326,364

8/19/06252,3572,268,911

8/26/06251,2752,240,524

9/2/06259,5392,133,891

9/9/06240,2312,152,929

9/16/06267,0362,062,962

9/23/06261,3962,056,523

9/30/06249,2882,039,526

10/7/06307,6462,030,299

10/14/06271,8632,116,794

10/21/06291,3722,087,657

10/28/06301,0792,150,055

11/4/06326,7112,110,151

11/11/06286,1512,269,427

11/18/06367,6902,074,608

11/25/06323,5092,620,460

12/2/06448,8982,436,936

12/9/06384,1232,577,271

12/16/06361,6722,565,805

12/23/06425,3572,654,693

12/30/06499,9793,007,436

1/6/07506,0593,122,227

1/13/07506,7092,925,963

1/20/07367,5833,103,449

1/27/07359,9592,981,310

2/3/07339,0183,079,780

2/10/07363,0182,994,128

2/17/07305,9453,075,024

2/24/07299,0003,013,239

3/3/07320,1943,016,840

3/10/07298,9272,869,668

3/17/07277,1872,826,536

3/24/07273,4322,727,408

3/31/07268,2182,688,419

4/7/07328,2662,594,605

4/14/07317,9172,634,301

4/21/07303,9842,448,102

4/28/07267,6722,451,671

5/5/07274,8012,290,364

5/12/07258,5162,329,671

5/19/07270,4462,231,139

5/26/07273,3972,261,581

6/2/07263,5272,267,710

6/9/07302,3682,298,047

6/16/07290,9512,278,797

6/23/07292,5832,353,893

6/30/07300,3482,303,357

7/7/07417,5542,581,098

7/14/07383,8392,588,709

7/21/07298,3662,463,232

7/28/07257,4262,445,524

8/4/07270,5632,409,122

8/11/07266,4202,414,968

8/18/07257,5732,369,648

8/25/07266,1792,353,210

9/1/07257,4542,236,358

9/8/07245,5262,242,616

9/15/07261,9712,160,459

9/22/07247,6432,140,701

9/29/07255,4312,112,935

10/6/07298,3172,097,457

10/13/07306,5192,175,026

10/20/07307,6752,241,942

10/27/07303,3572,261,001

11/3/07325,8312,292,297

11/10/07351,7602,293,829

11/17/07323,1242,217,292

11/24/07324,0472,725,542

12/1/07462,9022,623,051

12/8/07423,1302,701,259

12/15/07393,0422,813,055

12/22/07456,2722,812,156

12/29/07507,9083,273,400Jan-08dec o7

1/5/08521,3113,508,053521,3113,508,053423,1302,701,259

1/12/08547,5063,272,000547,5063,272,000393,0422,813,055

1/19/08415,1493,249,574415,1493,249,574456,2722,812,156

1/26/08369,9443,344,396369,9443,344,396507,9083,273,400

2/2/08380,1383,328,5901,853,9103,343,5061,780,3522,899,968

2/9/08377,4573,315,409

2/16/08325,7543,298,510

2/23/08329,9253,380,987Jan-098-Dec

3/1/08345,1653,340,432956,7915,651,117759,5314,378,273

3/8/08341,6853,297,238763,9875,715,432629,8674,594,820

3/15/08335,9173,254,650620,1435,806,901719,6154,572,637

3/22/08316,5983,235,768682,1765,953,114717,0005,317,388

3/29/08341,8463,200,5333,023,0975,781,6412,826,0134,715,780

4/5/08357,2063,088,902

4/12/08370,9493,054,8530.63066006440.72921521070.58733385310.6261490862

4/19/08328,3462,987,428

4/26/08337,8582,956,644USALA

5/3/08335,5472,845,952initial claims63.00%35.90%

5/10/08325,4802,847,329Continuing claims72.90%35.10%

5/17/08319,6942,807,628Louisiana

5/24/08326,5182,757,822jan o98-Jan%chg

5/31/08300,9892,828,892conti1383011023500.3512554958

6/7/08373,0462,799,719new18885138910.359513354

6/14/08349,2552,852,599Pct Change in Unemployment Claims Jan 2008-Jan 2009

6/21/08358,1592,855,557United StatesLouisiana

6/28/08368,5442,857,438Initial claims63.00%35.90%

7/5/08401,6723,118,724Continuing claims72.90%35.10%

7/12/08483,9813,164,970

7/19/08411,4083,208,848

7/26/08376,1233,166,763

8/2/08382,7923,199,339

8/9/08373,8583,160,610

8/16/08343,1693,175,006

8/23/08345,1273,097,585

8/30/08358,7303,059,126

9/6/08336,7333,040,859

9/13/08382,2493,014,874

9/20/08398,0703,018,976

9/27/08392,5153,057,698

10/4/08426,7893,073,515

10/11/08454,0653,134,390

10/18/08416,1113,233,118

10/25/08449,3893,310,892

11/1/08466,3413,460,633

11/8/08539,7873,521,971

11/15/08513,0003,782,040

11/22/08609,1383,652,990

11/29/08535,7304,493,526

12/6/08759,5314,378,273

12/13/08629,8674,594,820

12/20/08719,6154,572,637

12/27/08717,0005,317,388

1/3/09731,9585,855,855

1/10/09956,7915,651,117

1/17/09763,9875,715,432

1/24/09620,1435,806,901

1/31/09682,1765,953,114

2/7/09710,1525,972,146

2/14/09619,9516,108,398

Sheet2

Sheet3

Employment growth is mostly positive across the State (qtr 2 comparison).LA Dept. of Labor, Laworks.net

Chart3

111111111

0.99536878721.02183310531.01152029141.01867715791.02957757991.02874023141.02055119190.98349675221.0107000637

0.78543198351.06371181031.06039046051.07674554221.02581002441.0576385391.04184663910.98582040950.9650189611

0.83951540781.07611751681.13700267521.10967696891.05401675881.06538427341.04819938950.98046895630.9954997089

0.85588001261.09010748491.15991803751.12015720351.07018547271.08674432161.05161941970.98398964921.0133813492

NEW

BTR

HOU

LAF

LCH

AEX

SHV

MLU

State

Covered Jobs Index by region (2004=100)

Sheet1

New Orleans (RLMA 1)Baton Rouge (RLMA 2)Houma (RLMA 3)Lafayette (RLMA 4)Lake Charles (RLMA 5)Alexandria (RLMA 6)Shreveport (RLMA 7)Monroe (RLMA 8)State

2008-2520,601418,356101,893272,765117,882109,997237,381111,7951,899,179

2007-2510,647412,98799,880270,213116,101107,835236,609111,3951,865,667

2006-2477,750408,22693,150262,194112,994107,051235,175112,0031,808,543

2005-2605,447392,15488,857248,054113,409104,126230,368111,7391,894,154

2004-2608,264383,77587,845243,506110,151101,217225,729113,6141,874,101

RLMA 1RLMA 2RLMA 3RLMA 4RLMA 5RLMA 6RLMA 7RLMA 8State

2008-2111111111

2007-20.98087979090.98716643240.98024398140.99064396090.98489167130.98034491850.99674784420.99642202250.9823544805

2006-20.91768936290.97578617250.91419430190.96124502780.9585348060.97321745140.99070692261.00186054830.9522762204

2005-21.16297702080.93736913060.87206186880.90940553220.96205527560.94662581710.97045677620.99949908310.9973541199

2004-21.16838807460.91734073370.86212988130.89273183880.93441746830.92017964130.95091435291.01627085290.9867953468

2004-2608264383775878452435061101511012172257291136141874101

2005-2605447392154888572480541134091041262303681117391894154

2006-2477750408226931502621941129941070512351751120031808543

2007-2510647412987998802702131161011078352366091113951865667

2008-25206014183561018932727651178821099972373811117951899179

NEWBTRHOULAFLCHAEXSHVMLUState

2004-2111111111

2005-20.99536878721.02183310531.01152029141.01867715791.02957757991.02874023141.02055119190.98349675221.0107000637

2006-20.78543198351.06371181031.06039046051.07674554221.02581002441.0576385391.04184663910.98582040950.9650189611

2007-20.83951540781.07611751681.13700267521.10967696891.05401675881.06538427341.04819938950.98046895630.9954997089

2008-20.85588001261.09010748491.15991803751.12015720351.07018547271.08674432161.05161941970.98398964921.0133813492

Sheet1

000000000

000000000

000000000

000000000

000000000

NEW

BTR

HOU

LAF

LCH

AEX

SHV

MLU

State

Covered Jobs Index by region (2004=100)

Sheet2

Sheet3

The relative performance of Northeast Louisiana.OLM = Ouachita, Lincoln, Morehouse Parishes

Chart3

111

1.00527214541.02102255861.0207551961

1.01485455181.03928465421.0405043757

1.015194981.03234639361.0385509455

1.00829706511.0248144851.0329934365

1.01082382141.01170970611.0227379278

1.01467435441.00366577621.016223238

0.99979434540.99367764921.0071983904

0.9827394891.00477144551.0185771214

1.01387619491.00249332151.0181375996

Louisiana

Monroe-Bastrop

OLM

Employment Index Northeast LA (1998=100)

Sheet1


2004State Farm1,1501,9003,050$50,000,000$50,000,000$100,000,000

2008Guide Plant7001,3002000$50,000,000$50,000,000$100,000,000

2008-09IP Bastrop5501,6002150$30,000,000$48,000,000$78,000,000


Total NELA3,7008,30012,000$155,000,000$208,000,000$363,000,000


Total w/El Dorado4,50010,50015000$170,500,000$245,200,000$415,700,000



5711310Personal income ($000)$6,045,902$6,245,924$6,511,920$6,813,980$7,212,684$7,361,538$7,595,226$7,850,436$8,265,094$8,690,858









emplyment199319941995199619971998199920002001200220032004200520062007

Monroe-Bastrop,124,846126,065129,901132,200132,530134,760137,593140,054139,119138,104136,338135,254133,908135,403135,096

Louisiana1788488184045418903471922940196017920033592013921203311820338002019981202504320327572002947196878020311582110784

Lincoln191311935019667198791982020181206392057820025191011908619276192101966919931

Morehouse980295099822992595639651951193419384913990958527844183898241

Ouachita648956591968612702207066572552743597661276922775227653176242754707622876069

OLM938289477898101100024100048102384104509106531106331105762104712104045103121104286104241


USA121596000124481000126807000129750000133070000136193000139002000138831000137664000137406000138847000140973000143321000144815000143338000

19981999200020012002200320042005200620072008 (dec)

USA11.0234688511.04457804161.04329300371.03452318331.03258435411.04341324121.05938979481.07703464341.08826181711.0771623957

Louisiana11.00527214541.01485455181.015194981.00829706511.01082382141.01467435440.99979434540.9827394891.01387619491.0536224411

19981999200020012002200320042005200620072008 (dec)

Louisiana11.00527214541.01485455181.015194981.00829706511.01082382141.01467435440.99979434540.9827394891.01387619490

Monroe-Bastrop11.02102255861.03928465421.03234639361.0248144851.01170970611.00366577620.99367764921.00477144551.00249332150

OLM11.02075519611.04050437571.03855094551.03299343651.02273792781.0162232381.00719839041.01857712141.0181375996

Lincoln11.02269461371.01967196870.99226995690.94648431690.94574104360.95515583970.95188543680.97462960210.98761211040

Morehouse10.98549373120.96787897630.97233447310.94694850270.94238938970.88353538490.87462439130.86923634860.85390115010

Ouachita11.02490627411.05595986331.06023266071.06850259121.05484342261.05086007281.04021942881.05066710771.04847557610

1994148.2

1995152.4

1996156.9

1997160.5

1998163

1999166.6

2000172.2

2001177.1

2002179.9

2003184

2004188.9

2005195.3

2006201.6

2007207.342

2008215.303

cpi144.5148.2152.4156.9160.5163166.6172.2177.1179.9184188.9195.3201.6207.342215.303

cpi factor1.48998615921.45278677461.41274934381.37223072021.34145171341.32087730061.2923349341.25030778161.21571428571.19679266261.1701251.13977236631.1024219151.06797123021.03839550121

199319941995199619971998199920002001200220032004200520062007

Monroe-Bastrop,11.00976402931.04048988351.05890457041.06154782691.07940983291.10210178941.12181407491.11432484821.1061948321.09204940491.08336670781.07258542521.08456017811.0821011486

Louisiana1.0000001.0290561.0569531.0751761.0959981.1201411.1260471.1367801.1371621.1294351.1322651.1365781.1199111.1008071.135684

199319941995199619971998199920002001200220032004200520062007

Lincoln1.0000001.0114471.0280171.0390991.0360151.0548851.0788251.0756361.0467300.9984320.9976481.0075791.0041291.0281221.041817

Morehouse1.0000000.9701081.0020401.0125480.9756170.9845950.9703120.9529690.9573560.9323610.9278720.8699250.8611510.8558460.840747

Ouachita1.0000001.0157791.0572771.0820561.0889131.1179911.1458361.1805531.1853301.1945761.1793051.1748521.1629561.1746361.172186

Monroe, LA (MSA)1.0000001.0101251.0455411.0660361.0662921.0911881.1138361.1353861.1332541.1271901.1159991.1088911.0990431.1114591.110980

Monroe-Bastrop1.0000001.0097641.0404901.0589051.0615481.0794101.1021021.1218141.1143251.1061951.0920491.0833671.0725851.0845601.082101


AreaName19941995199619971998199920002001200220032004200520062007

Louisiana4158015044051616460809864923823752655146536385685557184558061193595734936132540363920460662981537079921076342241

Lincoln373652393814401842419423449381464201478330486304480763481451500742510309543382578581

Morehouse184404191758201552203185213536219340225132230884235846245163234526233865231645236483

Ouachita14030921527192159395016525551733708185589019286752000049209153520851582129820221434623355052431575

Monroe, LA (MSA)14907201620544169358717594331847545197927020549222125502222853622183952267696235170824761882575009

United States32274830003415368000361569900038740110004179922000446365000048259060004939944000497652200051072980005388680000566539200060207990006355759000

Louisiana4158015044051616460809864923823752655146536385685557184558061193595734936132540363920460662981537079921076342241


19941995199619971998199920002001200220032004200520062007

Louisiana61953847.996193863997605.1258365100882.734632567566221.420082970634335.820797570849966.908613571817436.638865572594361.419738772424346.4973393792.340794974794928.257575564802.728210778050600.668868481531317.0338442

Lincoln556736.308346021572127.770863698567702.021824147575545.125360102602822.912417445613152.563822086618162.568967587608029.675447155584470.447142857576197.024196776585930.73275581636.096490206599036.225017921617907.862316468

Morehouse274759.407695502278583.486329285284742.455748031278816.69888464286448.233071651289721.227116564290945.948355342288676.061858304286721.351428571293409.279538633274424.73575266552.864452091255370.524500768252557.040421627

Ouachita2090587.660041522218684.339919032251851.816601052267686.737826642325685.567127732451402.973435582492494.078781512500676.828379792542708.978571432495501.794741522492155.62752523850.380296452574711.894598052596852.14397321

Monroe, LA (MSA)2221152.167197232354304.890904182392613.922972442414348.01274062478392.405825552614372.814785282655647.487190882657531.690511032709263.051428572654958.858727072653487.7822680411.792080472729803.916866362750035.5293998

United States4808904998.955024961801460.890695108076389.744095316036904.608035607163528.760125895933962.883446236686911.872756176450424.11156050028888.571436112376772.0622663054291856457257246.034946637460763.42556787767757.82242

Louisiana61953847.996193863997605.1258365100882.734632567566221.420082970634335.820797570849966.908613571817436.638865572594361.419738772424346.4973393792.340794974794928.257575564802.728210778050600.668868481531317.0338442


19941995199619971998199920002001200220032004200520062007

Louisiana11.03298838081.0507964371.09058958571.14011216581.14359267751.15920865231.1717490321.1690048131.18465268451.20726848581.21969506611.25981844861.3160008566

Lincoln11.02764587521.01969642241.03378406751.08277995051.10133388941.11033277281.0921322471.04981557411.03495499681.05243851351.04472456311.0759783691.1098752732

Morehouse11.0139179171.03633378071.01476670531.04254203881.05445425711.05891168861.05065032821.04353606611.06787710020.99878194550.97013189350.92943323270.9191934229

Ouachita11.06127304891.0771381941.08471258161.1124554171.17259037751.19224566681.19615975751.21626518091.19368436081.19208377391.20724446461.23157327661.2421637196

19941995199619971998199920002001200220032004200520062007

Monroe, LA (MSA)11.05994759191.07719496141.08698001351.11581387461.17703453791.19561708851.19646538841.21975571571.19530705641.19464475291.20676639431.22900355821.2381121699

United States11.03179444431.0622119571.1054568361.16599590341.2260450071.2969037471.28437771711.25808866881.27105375831.3111985341.3427708071.38024368641.4114996573

Louisiana11.03298838081.0507964371.09058958571.14011216581.14359267751.15920865231.1717490321.1690048131.18465268451.20726848581.21969506611.25981844861.3160008566

housing

permits

auto sales

bank ruptsies

population data

migration

tax data



Sheet1

11

1.00976402931.0290558282

1.04048988351.0569525767

1.05890457041.0751763501

1.06154782691.0959978485

1.07940983291.1201411472

1.10210178941.1260466942

1.12181407491.1367803418

1.11432484821.1371616695

1.1061948321.1294350312

1.09204940491.1322653549

1.08336670781.1365784954

1.07258542521.119910785

1.08456017811.1008069386

1.08210114861.1356844441

Monroe-Bastrop,

Louisiana


Sheet2

111

1.01144738910.97010814121.0157793359

1.0280173541.00204039991.05727714

1.03909884481.01254845951.0820556283

1.0360148450.9756172211.0889128592

1.0548847420.98459498061.1179906002

1.07882494380.97031218121.1458355806

1.07563640170.95296878191.1805532013

1.04673043750.95735564171.1853301487

0.99843186450.93236074271.1945758533

0.99764779680.92787186291.1793050312

1.00757932150.86992450521.1748516835

1.00412942340.86115078561.1629555436

1.02812189640.85584574581.1746359504

1.04181694630.84074678641.1721858387

Lincoln

Morehouse

Ouachita


Sheet3

1111

1.03298838081.02764587521.0139179171.0612730489

1.0507964371.01969642241.03633378071.077138194

1.09058958571.03378406751.01476670531.0847125816

1.14011216581.08277995051.04254203881.112455417

1.14359267751.10133388941.05445425711.1725903775

1.15920865231.11033277281.05891168861.1922456668

1.1717490321.0921322471.05065032821.1961597575

1.1690048131.04981557411.04353606611.2162651809

1.18465268451.03495499681.06787710021.1936843608

1.20726848581.05243851350.99878194551.1920837739

1.21969506611.04472456310.97013189351.2072444646

1.25981844861.0759783690.92943323271.2315732766

1.31600085661.10987527320.91919342291.2421637196

Louisiana

Lincoln

Morehouse

Ouachita

111

1.05994759191.03179444431.0329883808

1.07719496141.0622119571.050796437

1.08698001351.1054568361.0905895857

1.11581387461.16599590341.1401121658

1.17703453791.2260450071.1435926775

1.19561708851.2969037471.1592086523

1.19646538841.28437771711.171749032

1.21975571571.25808866881.169004813

1.19530705641.27105375831.1846526845

1.19464475291.3111985341.2072684858

1.20676639431.3427708071.2196950661

1.22900355821.38024368641.2598184486

1.23811216991.41149965731.3160008566

Monroe, LA (MSA)

United States

Louisiana

00

00

00

00

00

00

00

00

00

00

00

USA

Louisiana


000

000

000

000

000

000

000

000

000

000

Louisiana

Monroe-Bastrop

OLM


Employmentdec20062008

Monroe-Bast7923777386

1763318316

41784444

72466995

44204147

19621914

1064110478

80158276

26272685

51003756

61316303

147190144700

unempl68694935

7151173

161270

430750

251432

145210

7831338

408698

251413

324588

251368

1058811175

LF157778155875

December revised data

Labor Statistics 2007-2008 December Revised Data

USLANELAOLM

200620072008200620072008200620072008200620072008

Employment146,081,000146,294,000143,350,0001,922,9431,937,0931,970,615147190143867144700975209546496506

Unemployment6,491,0007,541,00010,999,00071,65779,895116,17210588798111175405048836746

Unemployment Rate4.3%4.9%7.1%3.6%4%5.6%6.7%5.3%7.2%4.0%4.9%6.5%

Labor Force152,572,000153,836,000154,349,0001,994,6002 ,016,9882,086,787157,778151848155875101570100347103252

OLM


Monroe-Bast79237773861763318316

17633183161064110438

417844446924667752

USLouisiana724669959752096506

Dec-06Dec-08Dec-06Dec-0844204147

Employed146,081,000143,350,0001,922,9431,970,615196219147151173

Unemployed6,491,00010,999,00071,657116,17210641104787831338

Unemployment rate4.3%7.1%3.6%5.6%8015827625524235

Labor force152,572,000154,349,0001,994,6002,086,7872627268540506746

51003756

61316303101570103252

LouisianaNE LAOLM147190144700

Dec-06Dec-08Dec-06Dec-08Dec-06Dec-08

Employed1,922,9431,970,615147,190144,70097,52096,50668694935

Unemployed71,657116,17210,58811,1754,0506,7467151173

Unemployment rate3.6%5.6%6.7%7.2%4.0%6.5%161270

Labor force1,994,6002,086,787157,778155,875101,570103,252430750

251432

145210

7831338

408698

251413

324588

251368

1058811175

LF157778155875

NELA and OLM

Northeart ParishesEmployment Dec 08Unemployment Dec 0'8

MSA773864953

Caldwell4444270

East Carroll2685413

Franklin6995750

Jackson6303368

Lincoln183161173

Madison4147432

Morehouse104781338

Richalnd8276698

Tensas1914210

West Carroll3750588

Total14469411193

OLM Parishes

Ouachita677524235

Lincoln183161173

Morehouse104781338

Total965466746

Sheet3

Wage and salary disbursements: US, LA, Monroe.

Chart4

111

1.05994759191.03179444431.0329883808

1.07719496141.0622119571.050796437

1.08698001351.1054568361.0905895857

1.11581387461.16599590341.1401121658

1.17703453791.2260450071.1435926775

1.19561708851.2969037471.1592086523

1.19646538841.28437771711.171749032

1.21975571571.25808866881.169004813

1.19530705641.27105375831.1846526845

Monroe, LA (MSA)

United States

Louisiana

Wage and Salary Disbursements Index (constant $ 1998=100)

Sheet1


2004State Farm1,1501,9003,050$50,000,000$50,000,000$100,000,000

2008Guide Plant7001,3002000$50,000,000$50,000,000$100,000,000

2008-09IP Bastrop5501,6002150$30,000,000$48,000,000$78,000,000


Total NELA3,7008,30012,000$155,000,000$208,000,000$363,000,000


Total w/El Dorado4,50010,50015000$170,500,000$245,200,000$415,700,000



5711310Personal income ($000)$6,045,902$6,245,924$6,511,920$6,813,980$7,212,684$7,361,538$7,595,226$7,850,436$8,265,094$8,690,858









emplyment199319941995199619971998199920002001200220032004200520062007

Monroe-Bastrop,124,846126,065129,901132,200132,530134,760137,593140,054139,119138,104136,338135,254133,908135,403135,096

Louisiana1788488184045418903471922940196017920033592013921203311820338002019981202504320327572002947196878020311582110784

Lincoln191311935019667198791982020181206392057820025191011908619276192101966919931

Morehouse980295099822992595639651951193419384913990958527844183898241

Ouachita648956591968612702207066572552743597661276922775227653176242754707622876069

OLM938289477898101100024100048102384104509106531106331105762104712104045103121104286104241


USA121596000124481000126807000129750000133070000136193000139002000138831000137664000137406000138847000140973000143321000144815000143338000

19981999200020012002200320042005200620072008 (dec)

USA11.0234688511.04457804161.04329300371.03452318331.03258435411.04341324121.05938979481.07703464341.08826181711.0771623957

Louisiana11.00527214541.01485455181.015194981.00829706511.01082382141.01467435440.99979434540.9827394891.01387619491.0536224411

19981999200020012002200320042005200620072008 (dec)

Louisiana11.00527214541.01485455181.015194981.00829706511.01082382141.01467435440.99979434540.9827394891.01387619490

Monroe-Bastrop11.02102255861.03928465421.03234639361.0248144851.01170970611.00366577620.99367764921.00477144551.00249332150

OLM11.02075519611.04050437571.03855094551.03299343651.02273792781.0162232381.00719839041.01857712141.0181375996

Lincoln11.02269461371.01967196870.99226995690.94648431690.94574104360.95515583970.95188543680.97462960210.98761211040

Morehouse10.98549373120.96787897630.97233447310.94694850270.94238938970.88353538490.87462439130.86923634860.85390115010

Ouachita11.02490627411.05595986331.06023266071.06850259121.05484342261.05086007281.04021942881.05066710771.04847557610

1994148.2

1995152.4

1996156.9

1997160.5

1998163

1999166.6

2000172.2

2001177.1

2002179.9

2003184

2004188.9

2005195.3

2006201.6

2007207.342

2008215.303

cpi144.5148.2152.4156.9160.5163166.6172.2177.1179.9184188.9195.3201.6207.342215.303

cpi factor1.48998615921.45278677461.41274934381.37223072021.34145171341.32087730061.2923349341.25030778161.21571428571.19679266261.1701251.13977236631.1024219151.06797123021.03839550121

199319941995199619971998199920002001200220032004200520062007

Monroe-Bastrop,11.00976402931.04048988351.05890457041.06154782691.07940983291.10210178941.12181407491.11432484821.1061948321.09204940491.08336670781.07258542521.08456017811.0821011486

Louisiana1.0000001.0290561.0569531.0751761.0959981.1201411.1260471.1367801.1371621.1294351.1322651.1365781.1199111.1008071.135684

199319941995199619971998199920002001200220032004200520062007

Lincoln1.0000001.0114471.0280171.0390991.0360151.0548851.0788251.0756361.0467300.9984320.9976481.0075791.0041291.0281221.041817

Morehouse1.0000000.9701081.0020401.0125480.9756170.9845950.9703120.9529690.9573560.9323610.9278720.8699250.8611510.8558460.840747

Ouachita1.0000001.0157791.0572771.0820561.0889131.1179911.1458361.1805531.1853301.1945761.1793051.1748521.1629561.1746361.172186

Monroe, LA (MSA)1.0000001.0101251.0455411.0660361.0662921.0911881.1138361.1353861.1332541.1271901.1159991.1088911.0990431.1114591.110980

Monroe-Bastrop1.0000001.0097641.0404901.0589051.0615481.0794101.1021021.1218141.1143251.1061951.0920491.0833671.0725851.0845601.082101


AreaName19941995199619971998199920002001200220032004200520062007

Louisiana4158015044051616460809864923823752655146536385685557184558061193595734936132540363920460662981537079921076342241

Lincoln373652393814401842419423449381464201478330486304480763481451500742510309543382578581

Morehouse184404191758201552203185213536219340225132230884235846245163234526233865231645236483

Ouachita14030921527192159395016525551733708185589019286752000049209153520851582129820221434623355052431575

Monroe, LA (MSA)14907201620544169358717594331847545197927020549222125502222853622183952267696235170824761882575009

United States32274830003415368000361569900038740110004179922000446365000048259060004939944000497652200051072980005388680000566539200060207990006355759000

Louisiana4158015044051616460809864923823752655146536385685557184558061193595734936132540363920460662981537079921076342241


19941995199619971998199920002001200220032004200520062007

Louisiana61953847.996193863997605.1258365100882.734632567566221.420082970634335.820797570849966.908613571817436.638865572594361.419738772424346.4973393792.340794974794928.257575564802.728210778050600.668868481531317.0338442

Lincoln556736.308346021572127.770863698567702.021824147575545.125360102602822.912417445613152.563822086618162.568967587608029.675447155584470.447142857576197.024196776585930.73275581636.096490206599036.225017921617907.862316468

Morehouse274759.407695502278583.486329285284742.455748031278816.69888464286448.233071651289721.227116564290945.948355342288676.061858304286721.351428571293409.279538633274424.73575266552.864452091255370.524500768252557.040421627

Ouachita2090587.660041522218684.339919032251851.816601052267686.737826642325685.567127732451402.973435582492494.078781512500676.828379792542708.978571432495501.794741522492155.62752523850.380296452574711.894598052596852.14397321

Monroe, LA (MSA)2221152.167197232354304.890904182392613.922972442414348.01274062478392.405825552614372.814785282655647.487190882657531.690511032709263.051428572654958.858727072653487.7822680411.792080472729803.916866362750035.5293998

United States4808904998.955024961801460.890695108076389.744095316036904.608035607163528.760125895933962.883446236686911.872756176450424.11156050028888.571436112376772.0622663054291856457257246.034946637460763.42556787767757.82242

Louisiana61953847.996193863997605.1258365100882.734632567566221.420082970634335.820797570849966.908613571817436.638865572594361.419738772424346.4973393792.340794974794928.257575564802.728210778050600.668868481531317.0338442


19941995199619971998199920002001200220032004200520062007

Louisiana11.03298838081.0507964371.09058958571.14011216581.14359267751.15920865231.1717490321.1690048131.18465268451.20726848581.21969506611.25981844861.3160008566

Lincoln11.02764587521.01969642241.03378406751.08277995051.10133388941.11033277281.0921322471.04981557411.03495499681.05243851351.04472456311.0759783691.1098752732

Morehouse11.0139179171.03633378071.01476670531.04254203881.05445425711.05891168861.05065032821.04353606611.06787710020.99878194550.97013189350.92943323270.9191934229

Ouachita11.06127304891.0771381941.08471258161.1124554171.17259037751.19224566681.19615975751.21626518091.19368436081.19208377391.20724446461.23157327661.2421637196

1998199920002001200220032004200520062007

Monroe, LA (MSA)11.05994759191.07719496141.08698001351.11581387461.17703453791.19561708851.19646538841.21975571571.1953070564

United States11.03179444431.0622119571.1054568361.16599590341.2260450071.2969037471.28437771711.25808866881.2710537583

Louisiana11.03298838081.0507964371.09058958571.14011216581.14359267751.15920865231.1717490321.1690048131.1846526845

housing

permits

auto sales

bank ruptsies

population data

migration

tax data



Sheet1

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

Monroe-Bastrop,

Louisiana


Sheet2

000

000

000

000

000

000

000

000

000

000

000

000

000

000

000

Lincoln

Morehouse

Ouachita


Sheet3

0000

0000

0000

0000

0000

0000

0000

0000

0000

0000

0000

0000

0000

0000

Louisiana

Lincoln

Morehouse

Ouachita

000

000

000

000

000

000

000

000

000

000

Monroe, LA (MSA)

United States

Louisiana

Wage and Salary Disbursements Index (constant $ 1998=100)

11

1.0234688511.0052721454

1.04457804161.0148545518

1.04329300371.01519498

1.03452318331.0082970651

1.03258435411.0108238214

1.04341324121.0146743544

1.05938979480.9997943454

1.07703464340.982739489

1.08826181711.0138761949

1.07716239571.0536224411

USA

Louisiana


111

1.00527214541.02102255861.0207551961

1.01485455181.03928465421.0405043757

1.015194981.03234639361.0385509455

1.00829706511.0248144851.0329934365

1.01082382141.01170970611.0227379278

1.01467435441.00366577621.016223238

0.99979434540.99367764921.0071983904

0.9827394891.00477144551.0185771214

1.01387619491.00249332151.0181375996

Louisiana

Monroe-Bastrop

OLM



Monroe-Bast7923777386

1763318316

41784444

72466995

44204147

19621914

1064110478

80158276

26272685

51003756

61316303

147190144700

unempl68694935

7151173

161270

430750

251432

145210

7831338

408698

251413

324588

251368

1058811175

LF157778155875

Where there is no housing bubble, there is probably no housing bust.Top ten and bottom ten states for home price appreciation: 2000-2006.

Sheet1

stateapprecRankstateapprecRankstateapprec

HAWAII121.0%11HAWAII121.0%41MISSISSIPPI22.6%

NEVADA120.4%22NEVADA120.4%42MISSOURI20.7%

DELAWARE119.8%33DELAWARE119.8%43COLORADO18.8%

PENNSYLVANIA93.3%44PENNSYLVANIA93.3%44GEORGIA15.7%

VIRGINIA93.0%55VIRGINIA93.0%45INDIANA15.0%

MARYLAND92.8%66MARYLAND92.8%46SOUTH DAKOTA11.2%

CALIFORNIA90.8%77CALIFORNIA90.8%47OKLAHOMA8.2%

FLORIDA87.3%88FLORIDA87.3%48TEXAS6.8%

ARIZONA84.9%99ARIZONA84.9%49NEBRASKA5.5%

DISTRICT OF COLUMBIA83.4%1010Wash DC83.4%50MICHIGAN5.4%

NEW JERSEY73.3%11

MONTANA69.4%12**UNITED STATES51.0%

WEST VIRGINIA68.0%1338Louisiana30.4%

OREGON65.0%14

OHIO63.3%15

WASHINGTON63.2%16

RHODE ISLAND56.0%17

CONNECTICUT54.7%18

UNITED STATES51.0%19

NORTH DAKOTA50.9%20

MINNESOTA50.6%21

VERMONT46.7%22

NEW HAMPSHRE46.7%23

MAINE44.8%24

WISCONSIN44.8%25

WYOMING43.6%26

UTAH42.1%27

IDAHO40.5%28

ARKANSAS39.2%29

NEW MEXICO39.2%30

MASSACHUSETTS37.5%31

TENNESSEE37.0%32

SOUTH CAROLINA35.8%33

ALASKA33.9%34

ALABAMA32.5%35

KANSAS31.4%36

NEW YORK30.7%37

LOUISIANA30.4%38

IOWA30.0%39

ILLINOIS26.3%40

NORTH CAROLINA25.2%41

KENTUCKY23.0%42

MISSISSIPPI22.6%43

MISSOURI20.7%44

COLORADO18.8%45

GEORGIA15.7%46

INDIANA15.0%47

SOUTH DAKOTA11.2%48

OKLAHOMA8.2%49

TEXAS6.8%50

NEBRASKA5.5%51

MICHIGAN5.4%52

mirs_t36

TABLE 36: MEDIAN PRICE OF SINGLE-FAMILY HOMES, BY STATE, THOUSANDS OF DOLLARS

Property TypeState1991199219931994199519961997199819992000200120022003200420052006

ALL HOMESALABAMA107.0102.084.590.0103.5114.5118.0127.0125.5124.5130.0130.0127.5139.9159.9165.00.3253012048

ALL HOMESALASKA120.0142.0143.0151.0146.5162.5159.0181.0160.0174.0173.0178.1173.1179.5223.0233.00.3390804598

ALL HOMESARIZONA108.5109.0100.7105.0110.0123.5134.0138.0139.0140.6143.9146.0156.5169.0240.0260.00.8492176387

ALL HOMESARKANSAS96.086.087.572.572.590.095.0100.0109.593.093.8110.0122.0125.0138.5129.50.3924731183

ALL HOMESCALIFORNIA195.0197.0190.0195.5195.0207.0215.0230.0242.4262.0284.0305.0340.0399.9482.5500.00.9083969466

ALL HOMESCOLORADO120.0114.0127.9137.0150.0150.0159.5168.0178.6202.0220.0227.0225.0234.0258.0240.00.1881188119

ALL HOMESCONNECTICUT155.0173.0172.0156.0141.0158.0170.0180.0190.0207.0215.0239.0250.0289.0325.0320.20.5468599034

ALL HOMESDELAWARE110.0135.0142.0129.9130.0135.0147.3155.0160.0164.0185.9206.0255.0270.0317.0360.41.1975609756

ALL HOMESDISTRICT OF COLUMBIA161.8175.0165.0181.0251.0252.5190.0209.9245.0243.5290.0260.0309.0370.0450.0446.50.8336755647

ALL HOMESFLORIDA88.095.0100.2103.0110.0110.0115.0117.0124.0132.4142.5147.5161.0185.0234.0248.00.8731117825

ALL HOMESGEORGIA104.087.898.596.5110.0105.0131.0141.9155.2159.9161.4160.0168.0177.5187.5185.00.1569731082

ALL HOMESHAWAII255.0249.0289.0240.0255.0250.0253.0252.0259.0248.0235.0261.0306.4344.0426.0548.01.2096774194

ALL HOMESIDAHO85.088.087.0105.8120.0118.3126.0120.0125.0134.5136.0138.3138.9150.0163.5189.00.405204461

ALL HOMESILLINOIS114.0133.0129.5135.1140.0145.0144.0150.0160.0175.0193.0205.0218.0227.0240.0221.00.2628571429

ALL HOMESINDIANA75.989.095.998.095.095.0107.0110.0117.0120.0125.0123.5115.0120.0140.0138.00.15

ALL HOMESIOWA78.677.577.066.082.075.0100.0105.096.9110.0115.598.6105.0108.0128.0143.00.3

ALL HOMESKANSAS93.393.197.098.0100.0100.0113.5119.0128.0121.0130.0125.0145.0147.0148.0159.00.3136363636

ALL HOMESKENTUCKY82.093.092.590.099.9105.0120.0124.0128.0135.0137.0143.5145.0144.6160.0166.00.2296296296

ALL HOMESLOUISIANA81.0100.0105.0105.096.0100.0118.5125.0128.7138.0137.0139.0140.0145.4160.0180.00.3043478261

ALL HOMESMAINE88.0102.0112.5103.9106.5112.0121.0116.0115.0130.5134.0137.5191.0185.0205.0189.00.4482758621

ALL HOMESMARYLAND143.5162.0164.3167.2175.0186.0185.5192.0199.0211.6225.0237.1275.0290.0370.0408.00.9281663516

ALL HOMESMASSACHUSETTS140.2147.0153.0159.0155.0153.0179.9190.0191.0225.5252.0268.0295.0340.0346.0310.00.3747228381

ALL HOMESMICHIGAN91.594.092.0102.0105.097.5134.0142.0135.0147.5162.0157.5155.5156.0160.0155.50.054440678

ALL HOMESMINNESOTA94.5108.5113.5111.0108.5118.0127.5132.0130.5154.0174.9180.0203.7218.0234.9232.00.5064935065

ALL HOMESMISSISSIPPI62.575.980.0103.085.096.098.5113.0131.0122.0119.0125.0126.0131.9140.0149.60.2262295082

ALL HOMESMISSOURI95.095.096.5103.0105.0115.0118.5124.5114.5116.0120.1122.0134.9139.9146.9140.00.2068965517

ALL HOMESMONTANA98.095.9112.5115.0107.0113.5117.5116.9121.0126.9137.0137.0158.0164.0191.5215.00.6942474389

ALL HOMESNEBRASKA84.886.478.092.892.088.470.272.5124.9128.0137.0143.0143.0141.9140.0135.00.0546875

ALL HOMESNEVADA126.8130.0125.7130.0129.0143.0147.5145.0150.0156.8165.0179.0195.0252.0314.0345.51.2036989796

ALL HOMESNEW HAMPSHRE102.9130.0131.5122.0128.3125.0135.5144.8153.9165.0189.0197.2211.0255.0283.5242.00.4666666667

ALL HOMESNEW JERSEY158.0159.0165.0170.0167.0181.5181.5182.0193.5210.0230.0262.5292.0310.0360.0364.00.7333333333

ALL HOMESNEW MEXICO75.0113.096.0106.9118.5130.0128.9135.0135.0137.0128.5125.0121.5126.2169.5190.70.3918248175

ALL HOMESNEW YORK149.0134.0139.0140.0135.2140.0157.5172.0177.0192.0230.0270.0256.0243.0270.0251.00.3072916667

ALL HOMESNORTH CAROLINA100.0112.9112.099.9126.6133.9142.0144.5152.6153.0155.0159.5167.0173.5189.0191.50.2516339869

ALL HOMESNORTH DAKOTA84.381.079.089.984.0102.0112.9115.0113.0112.6119.0117.0124.0139.9154.0169.90.5088809947

ALL HOMESOHIO90.098.599.095.093.0109.0123.5130.5135.0144.0147.0153.0189.9180.0230.8235.10.6326388889

ALL HOMESOKLAHOMA84.087.381.087.587.091.092.5109.0109.9110.0112.0119.9117.5122.5130.5119.00.0818181818

ALL HOMESOREGON101.7114.5107.0114.0123.0141.0154.0155.0155.0163.0172.7183.5187.0205.0236.0269.00.6503067485

ALL HOMESPENNSYLVANIA87.0115.0110.5107.998.0105.0125.0127.7130.0134.0145.0151.5179.9190.0255.0259.00.9328358209

ALL HOMESRHODE ISLAND111.0122.0124.5131.0128.0129.0139.0150.0145.0175.0188.0225.0238.0265.0335.0273.00.56

ALL HOMESSOUTH CAROLINA96.096.094.090.3107.5114.0118.5120.0130.0132.5135.0137.0151.0159.2181.0180.00.358490566

ALL HOMESSOUTH DAKOTA75.471.582.588.282.092.0114.5123.0126.0138.0143.5134.0152.0147.0159.0153.40.1115942029

ALL HOMESTENNESSEE96.895.990.0110.0119.0116.9130.0134.0135.0127.0144.0139.9145.9151.2163.5174.00.3700787402

ALL HOMESTEXAS105.0105.997.086.093.0119.0125.2122.0126.0132.0140.0140.0140.8138.5140.0141.00.0681818182

ALL HOMESUTAH119.5107.7122.0132.5131.0146.0142.8155.0155.6164.0170.0169.9170.0183.4196.0233.00.4207317073

ALL HOMESVERMONT115.594.0105.0107.097.0102.0109.0123.0122.0124.9142.5150.0164.9130.0208.5183.30.467173739

ALL HOMESVIRGINIA140.0149.1152.5159.0160.5166.9164.5169.5184.9194.2215.0224.0260.0289.0348.9374.90.9303810505

ALL HOMESWASHINGTON135.0134.0131.5137.0140.0157.5166.0165.0175.0190.0200.0215.0220.0232.5275.0310.00.6315789474

ALL HOMESWEST VIRGINIA66.095.086.069.385.094.0115.098.091.0100.0119.0135.0176.8164.9215.4168.00.68

ALL HOMESWISCONSIN78.975.579.999.590.0100.0118.0127.5124.9131.9142.0151.0165.0169.9182.0191.00.4480667172

ALL HOMESWYOMING75.974.092.688.097.5130.0105.0110.0119.5137.9132.0145.0147.9149.0160.0198.00.4358230602

ALL HOMESUNITED STATES129.0125.0121.7120.3123.0131.9140.0145.0151.3162.9175.0185.0197.9211.7245.0246.00.5101289134

PREVIOUSLY OCCUPIED HOMESALABAMA98.5102.079.081.589.0104.5110.0118.5119.5118.1125.0128.9125.5136.0155.0153.0

PREVIOUSLY OCCUPIED HOMESALASKA120.0142.0150.0151.0145.0162.5155.0180.0159.0172.0172.0185.0170.0171.7218.0220.0

PREVIOUSLY OCCUPIED HOMESARIZONA100.0107.097.594.0107.1120.0130.0134.0135.0135.0136.8142.0155.0165.0240.0250.0

PREVIOUSLY OCCUPIED HOMESARKANSAS97.885.087.565.566.575.587.998.5102.089.392.8109.0120.0122.5137.8128.5

PREVIOUSLY OCCUPIED HOMESCALIFORNIA194.8195.0188.0195.0192.0205.0210.0226.9239.0257.0280.0305.0341.0406.0490.0506.0

PREVIOUSLY OCCUPIED HOMESCOLORADO117.0112.9122.5132.0145.0145.0155.1165.0174.9198.0220.0225.0227.5234.0251.0229.0

PREVIOUSLY OCCUPIED HOMESCONNECTICUT155.0173.0172.0155.0140.0154.9172.5182.0189.0200.0214.0235.0247.0282.5322.0317.0

PREVIOUSLY OCCUPIED HOMESDELAWARE107.0135.0139.9129.0124.8127.0144.1151.5159.0158.5176.0194.0215.0214.5240.0258.9

PREVIOUSLY OCCUPIED HOMESDISTRICT OF COLUMBIA165.8168.0166.0173.5251.0247.5238.0241.0249.5245.0290.0259.1309.0373.0461.0447.5

PREVIOUSLY OCCUPIED HOMESFLORIDA84.090.096.097.0102.5102.0112.0115.0120.9130.0140.9145.0159.0182.5233.8244.9

PREVIOUSLY OCCUPIED HOMESGEORGIA98.085.093.093.1105.0103.0132.0142.1154.0159.0160.0159.0164.8172.5185.0179.9

PREVIOUSLY OCCUPIED HOMESHAWAII250.0239.9288.0240.0247.0250.0253.0252.0258.7225.1235.0260.0303.0335.0420.0530.0

PREVIOUSLY OCCUPIED HOMESIDAHO85.090.087.0105.0121.0118.3130.0120.0124.9132.9135.6138.3137.0149.9159.0187.0

PREVIOUSLY OCCUPIED HOMESILLINOIS107.9133.0125.0127.0135.0137.5138.5144.0154.2166.3187.5200.0210.0220.0230.0210.0

PREVIOUSLY OCCUPIED HOMESINDIANA71.086.092.092.692.290.0104.0105.9108.0115.7123.0121.5115.0117.0135.2129.9

PREVIOUSLY OCCUPIED HOMESIOWA75.080.076.065.079.572.096.099.094.0105.0110.095.397.099.0118.5135.0

PREVIOUSLY OCCUPIED HOMESKANSAS84.086.589.990.594.098.0106.5112.0118.0112.0124.9119.0140.0140.0139.0148.0

PREVIOUSLY OCCUPIED HOMESKENTUCKY76.591.090.588.998.0103.0119.0123.0126.0132.5135.0139.9140.0138.0156.9159.9

PREVIOUSLY OCCUPIED HOMESLOUISIANA80.097.5105.0105.994.996.0120.0122.5125.0135.0136.0134.8135.0140.0152.5177.5

PREVIOUSLY OCCUPIED HOMESMAINE86.597.3105.0100.0105.0112.0119.9114.0113.0130.0128.0134.0190.0179.9200.0189.0

PREVIOUSLY OCCUPIED HOMESMARYLAND135.9150.0155.0150.0160.0171.0176.0185.0188.6190.0195.0210.0220.0250.0305.0325.0

PREVIOUSLY OCCUPIED HOMESMASSACHUSETTS139.3147.0151.5156.5153.0150.0179.9190.0190.0220.0248.9260.5292.5339.5340.0305.0

PREVIOUSLY OCCUPIED HOMESMICHIGAN90.089.987.095.0102.595.4132.0141.0133.9145.0160.0155.4153.0154.9158.0153.0

PREVIOUSLY OCCUPIED HOMESMINNESOTA85.6105.0109.5106.5112.9116.0126.0130.0128.5150.0171.0178.0200.0212.5229.9228.0

PREVIOUSLY OCCUPIED HOMESMISSISSIPPI61.075.077.091.083.094.096.5109.8127.0114.0112.0115.0114.9124.5138.9143.9

PREVIOUSLY OCCUPIED HOMESMISSOURI88.387.094.092.595.5106.5111.3116.0107.0111.5119.9119.9133.0136.0145.0137.5

PREVIOUSLY OCCUPIED HOMESMONTANA92.592.9111.8114.0105.9111.0115.0115.0118.0123.8135.0136.0159.0160.0189.0214.9

PREVIOUSLY OCCUPIED HOMESNEBRASKA83.382.074.990.589.091.961.562.4117.0125.0130.0135.0133.0130.0130.0125.0

PREVIOUSLY OCCUPIED HOMESNEVADA127.8135.0125.1129.0127.0140.0146.6142.0147.5151.8161.0174.5188.0248.9312.0329.0

PREVIOUSLY OCCUPIED HOMESNEW HAMPSHRE100.0130.0131.5122.0128.0124.9133.0139.9150.0160.0187.0194.0209.0250.0269.9225.0

PREVIOUSLY OCCUPIED HOMESNEW JERSEY157.0157.0163.5170.0165.0177.7180.0181.0190.0204.0229.0263.0291.5315.0369.0362.0

PREVIOUSLY OCCUPIED HOMESNEW MEXICO72.5113.094.097.3117.5126.5126.0134.0133.7135.0128.0122.5120.0125.0162.1179.0

PREVIOUSLY OCCUPIED HOMESNEW YORK146.8130.0135.0133.0132.0135.0153.0170.0175.0189.0231.0275.0275.0239.0293.0263.0

PREVIOUSLY OCCUPIED HOMESNORTH CAROLINA98.5110.0108.092.0120.0127.9138.0140.0149.0144.4146.5154.8160.0168.0174.9170.0

PREVIOUSLY OCCUPIED HOMESNORTH DAKOTA83.581.077.688.283.088.0112.0114.0109.0108.5115.0118.0120.0130.0139.8151.0

PREVIOUSLY OCCUPIED HOMESOHIO86.098.096.092.590.0105.0122.0128.0130.0135.0139.0141.0147.4145.0152.9157.8

PREVIOUSLY OCCUPIED HOMESOKLAHOMA79.186.577.087.083.589.589.9107.0107.0105.4110.0119.0115.0120.0129.0127.5

PREVIOUSLY OCCUPIED HOMESOREGON98.9112.0105.2112.0121.5140.0154.9155.0153.0163.0174.0183.0186.0206.5239.9267.0

PREVIOUSLY OCCUPIED HOMESPENNSYLVANIA84.0109.0109.0100.091.0100.0120.0124.9125.0126.0137.7140.0140.0147.0180.0175.0

PREVIOUSLY OCCUPIED HOMESRHODE ISLAND111.0119.0125.0129.0126.0128.4140.0148.5140.0169.0188.5225.0235.0265.0333.0270.0

PREVIOUSLY OCCUPIED HOMESSOUTH CAROLINA90.093.592.086.9103.0109.5117.4120.5129.9129.8133.1135.0145.0157.0175.0169.0

PREVIOUSLY OCCUPIED HOMESSOUTH DAKOTA73.069.580.084.578.590.0112.0121.0122.1136.0143.5132.5149.5140.0145.0147.0

PREVIOUSLY OCCUPIED HOMESTENNESSEE95.097.089.598.0105.0107.0129.0130.0129.9122.5141.0138.0140.0146.0158.0161.1

PREVIOUSLY OCCUPIED HOMESTEXAS95.0100.087.076.088.0116.3123.5119.9124.8129.0139.0138.3139.0134.0137.5139.9

PREVIOUSLY OCCUPIED HOMESUTAH116.0105.0122.0131.0125.0145.0142.0156.5158.5164.0169.0167.0170.0183.6191.0229.9

PREVIOUSLY OCCUPIED HOMESVERMONT115.094.0104.0107.097.0101.0107.9122.0122.0123.5137.5145.0163.9130.0195.0180.0

PREVIOUSLY OCCUPIED HOMESVIRGINIA138.2147.0145.0148.0149.9150.0164.9170.0175.0183.0197.0210.0225.0260.0312.5295.0

PREVIOUSLY OCCUPIED HOMESWASHINGTON135.0132.0130.0135.5140.0157.5167.6164.5175.0189.9200.0215.0220.0232.9279.0300.0

PREVIOUSLY OCCUPIED HOMESWEST VIRGINIA65.095.086.079.585.085.0115.097.589.095.0110.0124.9128.0128.5160.0110.0

PREVIOUSLY OCCUPIED HOMESWISCONSIN76.071.575.099.585.098.0113.0125.0120.0128.0139.0149.0164.7161.0179.4186.0

PREVIOUSLY OCCUPIED HOMESWYOMING69.282.099.086.096.0128.0103.5109.0117.0135.8130.0144.0154.0145.0159.9189.9

PREVIOUSLY OCCUPIED HOMESUNITED STATES126.0122.0118.0115.0118.0126.5136.8140.2146.5155.5170.0179.9188.0196.0229.9228.0

Source:Federal Housing Finance Board

Monthly Interest Rate Survey

Sheet1

stateapprecRankstateapprecRankstateapprec

HAWAII121.0%11HAWAII121.0%41MISSISSIPPI22.6%

NEVADA120.4%22NEVADA120.4%42MISSOURI20.7%

DELAWARE119.8%33DELAWARE119.8%43COLORADO18.8%

PENNSYLVANIA93.3%44PENNSYLVANIA93.3%44GEORGIA15.7%

VIRGINIA93.0%55VIRGINIA93.0%45INDIANA15.0%

MARYLAND92.8%66MARYLAND92.8%46SOUTH DAKOTA11.2%

CALIFORNIA90.8%77CALIFORNIA90.8%47OKLAHOMA8.2%

FLORIDA87.3%88FLORIDA87.3%48TEXAS6.8%

ARIZONA84.9%99ARIZONA84.9%49NEBRASKA5.5%

DISTRICT OF COLUMBIA83.4%1010Wash DC83.4%50MICHIGAN5.4%

NEW JERSEY73.3%11

MONTANA69.4%12**UNITED STATES51.0%

WEST VIRGINIA68.0%1338Louisiana30.4%

OREGON65.0%14

OHIO63.3%15

WASHINGTON63.2%16

RHODE ISLAND56.0%17

CONNECTICUT54.7%18

UNITED STATES51.0%19

NORTH DAKOTA50.9%20

MINNESOTA50.6%21

VERMONT46.7%22

NEW HAMPSHRE46.7%23

MAINE44.8%24

WISCONSIN44.8%25

WYOMING43.6%26

UTAH42.1%27

IDAHO40.5%28

ARKANSAS39.2%29

NEW MEXICO39.2%30

MASSACHUSETTS37.5%31

TENNESSEE37.0%32

SOUTH CAROLINA35.8%33

ALASKA33.9%34

ALABAMA32.5%35

KANSAS31.4%36

NEW YORK30.7%37

LOUISIANA30.4%38

IOWA30.0%39

ILLINOIS26.3%40

NORTH CAROLINA25.2%41

KENTUCKY23.0%42

MISSISSIPPI22.6%43

MISSOURI20.7%44

COLORADO18.8%45

GEORGIA15.7%46

INDIANA15.0%47

SOUTH DAKOTA11.2%48

OKLAHOMA8.2%49

TEXAS6.8%50

NEBRASKA5.5%51

MICHIGAN5.4%52

mirs_t36

TABLE 36: MEDIAN PRICE OF SINGLE-FAMILY HOMES, BY STATE, THOUSANDS OF DOLLARS

Property TypeState1991199219931994199519961997199819992000200120022003200420052006

ALL HOMESALABAMA107.0102.084.590.0103.5114.5118.0127.0125.5124.5130.0130.0127.5139.9159.9165.00.3253012048

ALL HOMESALASKA120.0142.0143.0151.0146.5162.5159.0181.0160.0174.0173.0178.1173.1179.5223.0233.00.3390804598

ALL HOMESARIZONA108.5109.0100.7105.0110.0123.5134.0138.0139.0140.6143.9146.0156.5169.0240.0260.00.8492176387

ALL HOMESARKANSAS96.086.087.572.572.590.095.0100.0109.593.093.8110.0122.0125.0138.5129.50.3924731183

ALL HOMESCALIFORNIA195.0197.0190.0195.5195.0207.0215.0230.0242.4262.0284.0305.0340.0399.9482.5500.00.9083969466

ALL HOMESCOLORADO120.0114.0127.9137.0150.0150.0159.5168.0178.6202.0220.0227.0225.0234.0258.0240.00.1881188119

ALL HOMESCONNECTICUT155.0173.0172.0156.0141.0158.0170.0180.0190.0207.0215.0239.0250.0289.0325.0320.20.5468599034

ALL HOMESDELAWARE110.0135.0142.0129.9130.0135.0147.3155.0160.0164.0185.9206.0255.0270.0317.0360.41.1975609756

ALL HOMESDISTRICT OF COLUMBIA161.8175.0165.0181.0251.0252.5190.0209.9245.0243.5290.0260.0309.0370.0450.0446.50.8336755647

ALL HOMESFLORIDA88.095.0100.2103.0110.0110.0115.0117.0124.0132.4142.5147.5161.0185.0234.0248.00.8731117825

ALL HOMESGEORGIA104.087.898.596.5110.0105.0131.0141.9155.2159.9161.4160.0168.0177.5187.5185.00.1569731082

ALL HOMESHAWAII255.0249.0289.0240.0255.0250.0253.0252.0259.0248.0235.0261.0306.4344.0426.0548.01.2096774194

ALL HOMESIDAHO85.088.087.0105.8120.0118.3126.0120.0125.0134.5136.0138.3138.9150.0163.5189.00.405204461

ALL HOMESILLINOIS114.0133.0129.5135.1140.0145.0144.0150.0160.0175.0193.0205.0218.0227.0240.0221.00.2628571429

ALL HOMESINDIANA75.989.095.998.095.095.0107.0110.0117.0120.0125.0123.5115.0120.0140.0138.00.15

ALL HOMESIOWA78.677.577.066.082.075.0100.0105.096.9110.0115.598.6105.0108.0128.0143.00.3

ALL HOMESKANSAS93.393.197.098.0100.0100.0113.5119.0128.0121.0130.0125.0145.0147.0148.0159.00.3136363636

ALL HOMESKENTUCKY82.093.092.590.099.9105.0120.0124.0128.0135.0137.0143.5145.0144.6160.0166.00.2296296296

ALL HOMESLOUISIANA81.0100.0105.0105.096.0100.0118.5125.0128.7138.0137.0139.0140.0145.4160.0180.00.3043478261

ALL HOMESMAINE88.0102.0112.5103.9106.5112.0121.0116.0115.0130.5134.0137.5191.0185.0205.0189.00.4482758621

ALL HOMESMARYLAND143.5162.0164.3167.2175.0186.0185.5192.0199.0211.6225.0237.1275.0290.0370.0408.00.9281663516

ALL HOMESMASSACHUSETTS140.2147.0153.0159.0155.0153.0179.9190.0191.0225.5252.0268.0295.0340.0346.0310.00.3747228381

ALL HOMESMICHIGAN91.594.092.0102.0105.097.5134.0142.0135.0147.5162.0157.5155.5156.0160.0155.50.054440678

ALL HOMESMINNESOTA94.5108.5113.5111.0108.5118.0127.5132.0130.5154.0174.9180.0203.7218.0234.9232.00.5064935065

ALL HOMESMISSISSIPPI62.575.980.0103.085.096.098.5113.0131.0122.0119.0125.0126.0131.9140.0149.60.2262295082

ALL HOMESMISSOURI95.095.096.5103.0105.0115.0118.5124.5114.5116.0120.1122.0134.9139.9146.9140.00.2068965517

ALL HOMESMONTANA98.095.9112.5115.0107.0113.5117.5116.9121.0126.9137.0137.0158.0164.0191.5215.00.6942474389

ALL HOMESNEBRASKA84.886.478.092.892.088.470.272.5124.9128.0137.0143.0143.0141.9140.0135.00.0546875

ALL HOMESNEVADA126.8130.0125.7130.0129.0143.0147.5145.0150.0156.8165.0179.0195.0252.0314.0345.51.2036989796

ALL HOMESNEW HAMPSHRE102.9130.0131.5122.0128.3125.0135.5144.8153.9165.0189.0197.2211.0255.0283.5242.00.4666666667

ALL HOMESNEW JERSEY158.0159.0165.0170.0167.0181.5181.5182.0193.5210.0230.0262.5292.0310.0360.0364.00.7333333333

ALL HOMESNEW MEXICO75.0113.096.0106.9118.5130.0128.9135.0135.0137.0128.5125.0121.5126.2169.5190.70.3918248175

ALL HOMESNEW YORK149.0134.0139.0140.0135.2140.0157.5172.0177.0192.0230.0270.0256.0243.0270.0251.00.3072916667

ALL HOMESNORTH CAROLINA100.0112.9112.099.9126.6133.9142.0144.5152.6153.0155.0159.5167.0173.5189.0191.50.2516339869

ALL HOMESNORTH DAKOTA84.381.079.089.984.0102.0112.9115.0113.0112.6119.0117.0124.0139.9154.0169.90.5088809947

ALL HOMESOHIO90.098.599.095.093.0109.0123.5130.5135.0144.0147.0153.0189.9180.0230.8235.10.6326388889

ALL HOMESOKLAHOMA84.087.381.087.587.091.092.5109.0109.9110.0112.0119.9117.5122.5130.5119.00.0818181818

ALL HOMESOREGON101.7114.5107.0114.0123.0141.0154.0155.0155.0163.0172.7183.5187.0205.0236.0269.00.6503067485

ALL HOMESPENNSYLVANIA87.0115.0110.5107.998.0105.0125.0127.7130.0134.0145.0151.5179.9190.0255.0259.00.9328358209

ALL HOMESRHODE ISLAND111.0122.0124.5131.0128.0129.0139.0150.0145.0175.0188.0225.0238.0265.0335.0273.00.56

ALL HOMESSOUTH CAROLINA96.096.094.090.3107.5114.0118.5120.0130.0132.5135.0137.0151.0159.2181.0180.00.358490566

ALL HOMESSOUTH DAKOTA75.471.582.588.282.092.0114.5123.0126.0138.0143.5134.0152.0147.0159.0153.40.1115942029

ALL HOMESTENNESSEE96.895.990.0110.0119.0116.9130.0134.0135.0127.0144.0139.9145.9151.2163.5174.00.3700787402

ALL HOMESTEXAS105.0105.997.086.093.0119.0125.2122.0126.0132.0140.0140.0140.8138.5140.0141.00.0681818182

ALL HOMESUTAH119.5107.7122.0132.5131.0146.0142.8155.0155.6164.0170.0169.9170.0183.4196.0233.00.4207317073

ALL HOMESVERMONT115.594.0105.0107.097.0102.0109.0123.0122.0124.9142.5150.0164.9130.0208.5183.30.467173739

ALL HOMESVIRGINIA140.0149.1152.5159.0160.5166.9164.5169.5184.9194.2215.0224.0260.0289.0348.9374.90.9303810505

ALL HOMESWASHINGTON135.0134.0131.5137.0140.0157.5166.0165.0175.0190.0200.0215.0220.0232.5275.0310.00.6315789474

ALL HOMESWEST VIRGINIA66.095.086.069.385.094.0115.098.091.0100.0119.0135.0176.8164.9215.4168.00.68

ALL HOMESWISCONSIN78.975.579.999.590.0100.0118.0127.5124.9131.9142.0151.0165.0169.9182.0191.00.4480667172

ALL HOMESWYOMING75.974.092.688.097.5130.0105.0110.0119.5137.9132.0145.0147.9149.0160.0198.00.4358230602

ALL HOMESUNITED STATES129.0125.0121.7120.3123.0131.9140.0145.0151.3162.9175.0185.0197.9211.7245.0246.00.5101289134

PREVIOUSLY OCCUPIED HOMESALABAMA98.5102.079.081.589.0104.5110.0118.5119.5118.1125.0128.9125.5136.0155.0153.0

PREVIOUSLY OCCUPIED HOMESALASKA120.0142.0150.0151.0145.0162.5155.0180.0159.0172.0172.0185.0170.0171.7218.0220.0

PREVIOUSLY OCCUPIED HOMESARIZONA100.0107.097.594.0107.1120.0130.0134.0135.0135.0136.8142.0155.0165.0240.0250.0

PREVIOUSLY OCCUPIED HOMESARKANSAS97.885.087.565.566.575.587.998.5102.089.392.8109.0120.0122.5137.8128.5

PREVIOUSLY OCCUPIED HOMESCALIFORNIA194.8195.0188.0195.0192.0205.0210.0226.9239.0257.0280.0305.0341.0406.0490.0506.0

PREVIOUSLY OCCUPIED HOMESCOLORADO117.0112.9122.5132.0145.0145.0155.1165.0174.9198.0220.0225.0227.5234.0251.0229.0

PREVIOUSLY OCCUPIED HOMESCONNECTICUT155.0173.0172.0155.0140.0154.9172.5182.0189.0200.0214.0235.0247.0282.5322.0317.0

PREVIOUSLY OCCUPIED HOMESDELAWARE107.0135.0139.9129.0124.8127.0144.1151.5159.0158.5176.0194.0215.0214.5240.0258.9

PREVIOUSLY OCCUPIED HOMESDISTRICT OF COLUMBIA165.8168.0166.0173.5251.0247.5238.0241.0249.5245.0290.0259.1309.0373.0461.0447.5

PREVIOUSLY OCCUPIED HOMESFLORIDA84.090.096.097.0102.5102.0112.0115.0120.9130.0140.9145.0159.0182.5233.8244.9

PREVIOUSLY OCCUPIED HOMESGEORGIA98.085.093.093.1105.0103.0132.0142.1154.0159.0160.0159.0164.8172.5185.0179.9

PREVIOUSLY OCCUPIED HOMESHAWAII250.0239.9288.0240.0247.0250.0253.0252.0258.7225.1235.0260.0303.0335.0420.0530.0

PREVIOUSLY OCCUPIED HOMESIDAHO85.090.087.0105.0121.0118.3130.0120.0124.9132.9135.6138.3137.0149.9159.0187.0

PREVIOUSLY OCCUPIED HOMESILLINOIS107.9133.0125.0127.0135.0137.5138.5144.0154.2166.3187.5200.0210.0220.0230.0210.0

PREVIOUSLY OCCUPIED HOMESINDIANA71.086.092.092.692.290.0104.0105.9108.0115.7123.0121.5115.0117.0135.2129.9

PREVIOUSLY OCCUPIED HOMESIOWA75.080.076.065.079.572.096.099.094.0105.0110.095.397.099.0118.5135.0

PREVIOUSLY OCCUPIED HOMESKANSAS84.086.589.990.594.098.0106.5112.0118.0112.0124.9119.0140.0140.0139.0148.0

PREVIOUSLY OCCUPIED HOMESKENTUCKY76.591.090.588.998.0103.0119.0123.0126.0132.5135.0139.9140.0138.0156.9159.9

PREVIOUSLY OCCUPIED HOMESLOUISIANA80.097.5105.0105.994.996.0120.0122.5125.0135.0136.0134.8135.0140.0152.5177.5

PREVIOUSLY OCCUPIED HOMESMAINE86.597.3105.0100.0105.0112.0119.9114.0113.0130.0128.0134.0190.0179.9200.0189.0

PREVIOUSLY OCCUPIED HOMESMARYLAND135.9150.0155.0150.0160.0171.0176.0185.0188.6190.0195.0210.0220.0250.0305.0325.0

PREVIOUSLY OCCUPIED HOMESMASSACHUSETTS139.3147.0151.5156.5153.0150.0179.9190.0190.0220.0248.9260.5292.5339.5340.0305.0

PREVIOUSLY OCCUPIED HOMESMICHIGAN90.089.987.095.0102.595.4132.0141.0133.9145.0160.0155.4153.0154.9158.0153.0

PREVIOUSLY OCCUPIED HOMESMINNESOTA85.6105.0109.5106.5112.9116.0126.0130.0128.5150.0171.0178.0200.0212.5229.9228.0

PREVIOUSLY OCCUPIED HOMESMISSISSIPPI61.075.077.091.083.094.096.5109.8127.0114.0112.0115.0114.9124.5138.9143.9

PREVIOUSLY OCCUPIED HOMESMISSOURI88.387.094.092.595.5106.5111.3116.0107.0111.5119.9119.9133.0136.0145.0137.5

PREVIOUSLY OCCUPIED HOMESMONTANA92.592.9111.8114.0105.9111.0115.0115.0118.0123.8135.0136.0159.0160.0189.0214.9

PREVIOUSLY OCCUPIED HOMESNEBRASKA83.382.074.990.589.091.961.562.4117.0125.0130.0135.0133.0130.0130.0125.0

PREVIOUSLY OCCUPIED HOMESNEVADA127.8135.0125.1129.0127.0140.0146.6142.0147.5151.8161.0174.5188.0248.9312.0329.0

PREVIOUSLY OCCUPIED HOMESNEW HAMPSHRE100.0130.0131.5122.0128.0124.9133.0139.9150.0160.0187.0194.0209.0250.0269.9225.0

PREVIOUSLY OCCUPIED HOMESNEW JERSEY157.0157.0163.5170.0165.0177.7180.0181.0190.0204.0229.0263.0291.5315.0369.0362.0

PREVIOUSLY OCCUPIED HOMESNEW MEXICO72.5113.094.097.3117.5126.5126.0134.0133.7135.0128.0122.5120.0125.0162.1179.0

PREVIOUSLY OCCUPIED HOMESNEW YORK146.8130.0135.0133.0132.0135.0153.0170.0175.0189.0231.0275.0275.0239.0293.0263.0

PREVIOUSLY OCCUPIED HOMESNORTH CAROLINA98.5110.0108.092.0120.0127.9138.0140.0149.0144.4146.5154.8160.0168.0174.9170.0

PREVIOUSLY OCCUPIED HOMESNORTH DAKOTA83.581.077.688.283.088.0112.0114.0109.0108.5115.0118.0120.0130.0139.8151.0

PREVIOUSLY OCCUPIED HOMESOHIO86.098.096.092.590.0105.0122.0128.0130.0135.0139.0141.0147.4145.0152.9157.8

PREVIOUSLY OCCUPIED HOMESOKLAHOMA79.186.577.087.083.589.589.9107.0107.0105.4110.0119.0115.0120.0129.0127.5

PREVIOUSLY OCCUPIED HOMESOREGON98.9112.0105.2112.0121.5140.0154.9155.0153.0163.0174.0183.0186.0206.5239.9267.0

PREVIOUSLY OCCUPIED HOMESPENNSYLVANIA84.0109.0109.0100.091.0100.0120.0124.9125.0126.0137.7140.0140.0147.0180.0175.0

PREVIOUSLY OCCUPIED HOMESRHODE ISLAND111.0119.0125.0129.0126.0128.4140.0148.5140.0169.0188.5225.0235.0265.0333.0270.0

PREVIOUSLY OCCUPIED HOMESSOUTH CAROLINA90.093.592.086.9103.0109.5117.4120.5129.9129.8133.1135.0145.0157.0175.0169.0

PREVIOUSLY OCCUPIED HOMESSOUTH DAKOTA73.069.580.084.578.590.0112.0121.0122.1136.0143.5132.5149.5140.0145.0147.0

PREVIOUSLY OCCUPIED HOMESTENNESSEE95.097.089.598.0105.0107.0129.0130.0129.9122.5141.0138.0140.0146.0158.0161.1

PREVIOUSLY OCCUPIED HOMESTEXAS95.0100.087.076.088.0116.3123.5119.9124.8129.0139.0138.3139.0134.0137.5139.9

PREVIOUSLY OCCUPIED HOMESUTAH116.0105.0122.0131.0125.0145.0142.0156.5158.5164.0169.0167.0170.0183.6191.0229.9

PREVIOUSLY OCCUPIED HOMESVERMONT115.094.0104.0107.097.0101.0107.9122.0122.0123.5137.5145.0163.9130.0195.0180.0

PREVIOUSLY OCCUPIED HOMESVIRGINIA138.2147.0145.0148.0149.9150.0164.9170.0175.0183.0197.0210.0225.0260.0312.5295.0

PREVIOUSLY OCCUPIED HOMESWASHINGTON135.0132.0130.0135.5140.0157.5167.6164.5175.0189.9200.0215.0220.0232.9279.0300.0

PREVIOUSLY OCCUPIED HOMESWEST VIRGINIA65.095.086.079.585.085.0115.097.589.095.0110.0124.

2009 business outlook summit the louisiana (and northeast louisiana) economy

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