Dixon Hughes Goodman

The University of North Carolina at Greensboro & Dixon Hughes Goodman - Triad Business Index

Table 1: Triad Economic Indicators

Indicators May 2015 Apr. 2015 Mar. 2014 May 2014 % Chg Month Ago % ChgYear Ago
Piedmont-Triad Bus. Index 161.8 161.6 161.5 159.3 0.1% 1.6%
NC Business Index 183.3 183.0 182.6 178.9 0.2% 2.5%
Unemployment Rate 5.7 5.6 5.7 6.4 0.1 -0.7
Initial Claims for Unemployment Ins. 1,967 2,002 2,094 2,377 -1.7% -17.2%
Total Employment (1,000s) 627.8 626.5 625.2 617.7 0.2% 1.6%
Goods-producing 103.3 103.2 103.3 102.2 0.1% 1.1%
Construction 20.0 19.8 19.9 20.1 1.0% -0.5%
Manufacturing 83.3 83.4 83.4 82.1 -0.1% 1.5%
Service-providing 524.5 523.3 521.9 515.5 0.2% 1.7%
Wholesale Trade 27.3 27.2 27.1 26.7 0.4% 2.2%
Retail Trade 69.0 68.8 68.6 67.2 0.3% 2.7%
Transportation 22.4 22.5 22.3 21.9 -0.4% 2.3%
Information 6.4 6.4 6.3 6.1 0.0% 4.9%
Financial 30.5 30.3 30.4 30.0 0.7% 1.7%
Prof. & Business 90.4 90.6 90.3 87.9 -0.2% 2.8%
Education & Health 112.3 111.7 111.4 110.0 0.5% 2.1%
Leisure 60.2 60.1 60.3 59.3 0.2% 1.5%
Other 22.4 22.2 22.2 21.7 0.9% 3.2%
Government 83.3 83.4 83 82.5 -0.1% 1.0%
Retail Sales ($ millions) $1,290.1 $1,288.1 $1,287.4 $1,214.6 0.2% 6.2%
Hotel Revenues (NSA) $15,287,731 $21,400,755 $19,411,855 $14,676,797 -28.6% 4.2%
Hotel Occupancy Rate Avg. (%) (NSA) 57.6 64.6 65.0 56.4 -10.8% 2.1%
Residential Building Permits ($1,000s) $86,113 $85,397 $85,732 $76,142 0.8% 13.1%
Avg. Existing Home Price $196,189 $195,004 $194,873 $186,355 0.6% 5.3%
No. of Existing Homes Sold 954 941 947 936 1.4% 1.9%
Real Estate Foreclosures 456 469 462 515 -2.8% -11.5%
Air Passenger Boardings 67,581 67,633 67,991 68,131 -0.1% -0.8%
Air Cargo Shipments (1,000s of lbs) 6,566 6,602 6,677 7,028 -0.5% -6.6%
NATIONAL INDICATORS:
Unemployment Rate 5.5 5.4 5.5 6.3 0.1 -0.8
Total Employment (1,000s) 141,842 141,365 141,178 138,621 0.3% 2.3%
Goods-producing 19,560 19,556 19,540 19,156 0.0% 2.1%
Service-providing 122,282 121,809 121,638 119,465 0.4% 2.4%
Retail Sales ($ millions) $393,440 $388,156 $390,979 $391,519 1.4% 0.5%
Res. Bldg. Permits (units in 1,000s) 1,250 1,140 1,038 1,017 9.6% 22.9%
Consumer Price Index (CPI-U) 237.0 236.0 235.7 237.0 0.4% 0.0%
The Conf. Board Leading Eco. Index 106.1 105.4 104.7 100.4 0.7% 5.7%
Initial Claims for Unemployment Ins. 275,000 283,800 285,300 310,300 -3.1% -11.4%
ISM Purchasing Managers Index 52.8 51.5 51.5 55.6 2.5% -5.0%