april 2014 north carolina economic metric charts
Post on 19-Oct-2014
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DESCRIPTION
Economic charts (employment, payroll, housing, etc.) for North Carolina, as of April 2014 update by Richmond District, Federal Reserve Bank (4/4/2014)TRANSCRIPT
North Carolina Industry Structure
6
0.6
4.3
8.8
19.0
2.0
5.8
13.6
15.5
10.4
4.0
16.0
0.1
4.3
10.9
18.6
1.7
5.1
13.6
13.8
10.6
3.7
17.6
0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0 20.0
Natural Resources & Mining
Construction
Manufacturing
Trade, Transportation & Utilities
Information
Financial Activities
Professional & Business Services
Education & Health Services
Leisure & Hospitality
Other Services
Government
Employment Share (Percent)
2013 U.S.
North Carolina
Source: Bureau of Labor Statistics/Haver Analytics
North Carolina Industry GrowthPercent Change in Employment from a Year Ago, NSA
13
1.5
3.4
2.6
0.5
1.9
-2.5
0.8
3.7
1.5
2.9
0.6
-0.2
1.4
0.0
2.5
0.0
2.2
0.7
1.0
3.4
1.1
0.8
2.5
0.0
-4.0 -2.0 0.0 2.0 4.0 6.0
Total
Natural Resources & Mining
Construction
Manufacturing
Trade, Transportation & Utilities
Information
Financial Activities
Professional & Business Services
Education & Health Services
Leisure & Hospitality
Other Services
Government
Percent
February 2014 U.S.
North Carolina
Source: Bureau of Labor Statistics/Haver Analytics
North Carolina Payroll Employment
20
-7.0
-6.0
-5.0
-4.0
-3.0
-2.0
-1.0
0.0
1.0
2.0
3.0
4.0
5.0
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
YoY
% C
hg
U.S.
North Carolina
February 2014US: 1.6%NC: 1.2%
Source: Bureau of Labor Statistics/Haver Analytics
North Carolina Unemployment Rate
27
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
10.0
11.0
12.0
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Per
cent
U.S.
North Carolina
February 2014US: 6.7%NC: 6.4%
Source: Bureau of Labor Statistics/Haver Analytics
North Carolina Initial Unemployment Claims
34
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Source: Bureau of Labor Statistics/Haver Analytics
North Carolina Real Personal Income
48
-4.0
-3.0
-2.0
-1.0
0.0
1.0
2.0
3.0
4.0
5.0
6.0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
YoY
% C
hg
U.S.
North Carolina
4Q: 2013US: 0.4%NC: 0.9%
Source: Bureau of Economic Analysis/Haver Analytics
North Carolina Wages and Salaries
55
-6.0
-4.0
-2.0
0.0
2.0
4.0
6.0
8.0
10.0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
YoY
% C
hg
U.S.
North Carolina
4Q: 2013US: 2.1%NC: 2.8%
Source: Bureau of Economic Analysis/Haver Analytics
North Carolina Building PermitsSingle-Family Homes
62
-60.0
-40.0
-20.0
0.0
20.0
40.0
60.0
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
YoY
% C
hg3-
mon
th m
ovin
g av
erag
e
U.S.
North Carolina
February 2014US: 3.0%NC: -0.3%
Source: US Census Bureau/Haver Analytics
North Carolina House Price Index—FHFA
69
-9.0
-6.0
-3.0
0.0
3.0
6.0
9.0
12.0
15.0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
YoY
% C
hg
U.S.
North Carolina
4Q: 2013US: 4.8%NC: 1.1%
Source: Federal Housing Finance Agency/Haver Analytics
North Carolina Housing Starts
75
0
500
1000
1500
2000
2500
0
20
40
60
80
100
120
140
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
SA
AR
, tho
usan
ds
SA
AR
, tho
usan
ds
North Carolina (Left Axis) United States (Right Axis)
Source: Bank of Tokyo-Mitsubishi UFJ/Haver Analytics
North Carolina Mortgage Delinquency Rate90+ days delinquent
82
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Per
cent
Subprime Mortgages
Total Mortgages
Prime Mortgages
4Q: 2013Subprime: 10.2%
Total: 2.6%Prime: 1.2%
Source: Mortgage Bankers Association/Haver Analytics
North Carolina Foreclosure Inventory Rate
89
0.0
2.0
4.0
6.0
8.0
10.0
12.0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Per
cent
Subprime MortgagesTotal MortgagesPrime Mortgages
4Q: 2013Subprime: 6.0%
Total: 1.7%Prime: 1.0%
Source: Mortgage Bankers Association/Haver Analytics
North Carolina Foreclosure Starts Rate
96
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Per
cent
Subprime MortgagesTotal MortgagesPrime Mortgages
4Q: 2013Subprime: 1.6%
Total: 0.5%Prime: 0.3%
Source: Mortgage Bankers Association/Haver Analytics