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Economic Indicators
                                                                                                    JANUARY 2010
                                                                                           Except where noted, data is
                                                                                              not seasonally adjusted.



EMPLOYEES ON NON-FARM PAYROLLS
                                             Austin MSA                         Texas                United States
                                 Total                     Private               Total                   Total
2007                            757,500                    600,900            10,395,100             137,598,000
2008                            777,400                    614,000            10,616,800             137,066,000
2008 YTD                        776,836                    613,600            10,610,500             137,169,909
2009 YTD                        774,500                    608,227            10,409,555             132,015,636
2008 Oct                        783,900                    616,800            10,698,900             137,492,000
2008 Nov                       785,200                    617,100            10,712,600             136,882,000
2009 Oct                        778,500                    609,600            10,402,100             132,143,000
2009 Nov                       780,900                    611,800            10,440,500             132,223,000
Difference
2007-2008                         19,900                   13,100                221,700                (532,000)
YTD 2008-2009                      (2,336)                  (5,373)             (200,945)             (5,154,273)
Nov ‘08-Nov ‘09                   (4,300)                  (5,300)             (272,100)             (4,659,000)
Oct ‘09-Nov ‘09                     2,400                    2,200                38,400                  80,000
% Change
2007-2008                          2.6%                     2.2%                 2.1%                     -0.4%
YTD 2008-2009                     -0.3                     -0.9                 -1.9                      -3.8
Nov ‘08-Nov ‘09                   -0.5                     -0.9                 -2.5                      -3.4
Oct ‘09-Nov ‘09                    0.3                      0.4                  0.4                       0.1


EMPLOYEES ON NON-FARM PAYROLLS BY INDUSTRY, AUSTIN MSA
                                                                                              Percent Change
                           2007         2008      2008 Nov     2009 Oct   2009 Nov               Nov ‘08-    Oct ‘09-
                                                                                     2007-2008
                                                                                                 Nov ‘09     Nov ‘09
Construction &
                           49,000       47,800      46,700       43,700    43,400      -2.4%       -7.1%       -0.7%
natural resources
Manufacturing              59,700       58,200      57,200       50,900    50,800      -2.5       -11.2        -0.2
Wholesale trade            41,300       41,400      41,700       38,800    38,900       0.2        -6.7         0.3
Retail trade               81,400       84,100      85,900       83,900    85,100       3.3        -0.9         1.4
Transp, warehousing,
                           13,300       13,400      13,500       13,300    13,300       0.8        -1.5           0.0
& utilities
Information                21,900       20,900      20,800       19,900    20,000      -4.6        -3.8         0.5
Financial activities       44,700       44,900      44,700       45,800    45,700       0.4         2.2        -0.2
Professional &
                          106,000      111,700     112,900      113,400   114,000       5.4         1.0           0.5
business services
Education & health
                           77,200       80,600      82,600       85,900    85,900       4.4         4.0           0.0
services
Leisure & hospitality      78,300       80,500      79,400       81,600    82,200       2.8         3.5           0.7
Other services             28,200       30,400      31,700       32,400    32,500       7.8         2.5           0.3
Government                156,600      163,400     168,100      168,900   169,100       4.3         0.6           0.1


BEST PERFORMING AMONG THE 50 LARGEST METROS: NON-FARM PAYROLL JOBS
                        November 2008 November 2009         Difference       Percent ch.         Rank
Virginia Beach MSA          767,700         764,700            -3,000          -0.4%               1
Austin MSA                 785,200         780,900            -4,300           -0.5                2
San Antonio MSA             855,400         849,200            -6,200          -0.7                3
Fort Worth MDiv             881,400         874,600            -6,800          -0.8                4
Washington MDiv           2,444,400       2,423,200          -21,200           -0.9                5
Columbus MSA                944,900         934,900          -10,000           -1.1                6
Newark MDiv               1,034,100       1,020,800          -13,300           -1.3                7
Edison MDiv               1,030,200       1,015,700          -14,500           -1.4                8
Richmond MSA                620,100         608,800          -11,300           -1.8                9
Baltimore MSA             1,312,500       1,286,700          -25,800           -2.0               10
Source: Current Employment Statistics, Texas Workforce Commission (www.tracer2.com) & U.S. Bureau of Labor
Statistics (www.bls.gov/ces/home.htm).



                                                    Page 1 of 8
                        http://www.austinchamber.com/DoBusiness/MediaCenter/Indicators.html
Economic Indicators
 JANUARY 2010
 Except where noted, data is
 not seasonally adjusted.



 LABOR FORCE, EMPLOYMENT & UNEMPLOYMENT
                               Labor Force      Employment           Unemployment          Unemp. rate
Austin MSA
2007                               847,220           815,545               31,675               3.7%
2008                               867,507           829,633               37,874               4.4
2008 YTD                           866,999           829,821               37,179               4.3
2009 YTD                           892,505           832,600               59,905               6.7
2008 Oct                           877,560           836,976               40,584               4.6
2008 Nov                          877,692           834,556               43,136                4.9
2009 Oct                           904,578           839,877               64,701               7.2
2009 Nov                          905,495           843,093               62,402                6.9
Texas
2007                            11,474,987        10,972,152             502,835                4.4%
2008                            11,701,585        11,126,436             575,149                4.9
2008 YTD                        11,693,671        11,126,950             566,720                4.8
2009 YTD                        11,970,711        11,077,931             892,780                7.5
2008 Oct                        11,812,192        11,200,329             611,863                5.2
2008 Nov                       11,808,224        11,167,592             640,632                 5.4
2009 Oct                        12,069,719        11,090,397             979,322                8.1
2009 Nov                       12,103,220        11,149,340             953,880                 7.9
United States
2007                        153,124,000          146,047,000           7,078,000                4.6%
2008                        154,287,000          145,362,000           8,924,000                5.8
2008 YTD                    154,281,000          145,545,455           8,735,636                5.7
2009 YTD                    154,273,727          140,052,455          14,221,364                9.2
2008 Oct                    155,012,000          145,543,000           9,469,000                6.1
2008 Nov                   154,624,000          144,609,000          10,015,000                 6.5
2009 Oct                    153,635,000          139,088,000          14,547,000                9.5
2009 Nov                   153,539,000          139,132,000          14,407,000                 9.4


 LABOR FORCE, EMPLOYMENT & UNEMPLOYMENT BY COUNTY, NOVEMBER 2009
                               Labor Force      Employment           Unemployment          Unemp. Rate
Bastrop                          36,041           33,170                 2,871                 8.0%
Caldwell                         16,587           15,268                 1,319                 8.0
Hays                             78,326           73,125                 5,201                 6.6
Travis                          566,123          528,730                37,393                 6.6
Williamson                      208,418          192,800                15,618                 7.5


 EMPLOYMENT GROWTH
                                                 Austin MSA              Texas             United States
                      2007-2008                    14,088               154,284               -685,000
                      YTD 2008-2009                 2,779               -49,019             -5,493,000
Difference
                      Nov ‘08-Nov ‘09              8,537               -18,252             -5,477,000
                      Oct ‘09-Nov ‘09               3,216                58,943                 44,000
                      2007-2008                      1.7%                 1.4%                 -0.5%
                      YTD 2008-2009                  0.3                 -0.4                  -3.8
Percent change
                      Nov ‘08-Nov ‘09               1.0                  -0.2                  -3.8
                      Oct ‘09-Nov ‘09                0.4                  0.5                   0.0




                                                 Page 2 of 8
                     http://www.austinchamber.com/DoBusiness/MediaCenter/Indicators.html
Economic Indicators
                                                                                            JANUARY 2010
                                                                                   Except where noted, data is
                                                                                      not seasonally adjusted.



LOWEST UNEMPLOYMENT RATES AMONG THE 50 LARGEST METROS
                           November 2008        November 2009          Difference              Rank
Washington MDiv                   4.5%               6.3%                  1.8%                  1
Virginia Beach MSA                4.9                6.6                   1.7                   2
San Antonio MSA                   5.2                6.8                   1.5                   3
Nassau MDiv                       5.3                6.8                   1.5                   4
Denver MSA                        5.6                6.8                   1.3                   5
Austin MSA                        4.9                6.9                   2.0                   6
Minneapolis MSA                   5.6                7.0                   1.4                   7
Boston MDiv                       5.1                7.3                   2.2                   8
Richmond MSA                      5.0                7.5                   2.5                   9
Pittsburgh MSA                    5.4                7.5                   2.1                 10
Source: Local Area Unemployment Statistics, Texas Workforce Commission (www.tracer2.com) & U.S. Bureau of
Labor Statistics (http://www.bls.gov/lau/home.htm).

EMPLOYMENT COST INDEX (2005 Q4=100), PRIVATE INDUSTRY
                                  Total compensation                            Wages & salaries
                         United States       West South Central       United States      West South Central
2007                         105.2                 105.1                  105.5                  105.5
2008                         108.2                 108.3                  108.6                  109.0
2008 YTD                     108.0                 108.1                  108.4                  108.7
2009 YTD                     109.6                 109.6                  110.2                  110.4
2008 Q2                      108.0                 108.2                  108.4                  108.8
2008 Q3                     108.7                  108.7                 109.1                   109.4
2009 Q2                      109.6                 109.5                  110.1                  110.2
2009 Q3                     110.0                  109.9                 110.6                   110.8
 % Change
2007-2008                     2.9%                    3.0%                  2.9%                  3.3%
YTD 2008-2009                 1.5                     1.4                   1.7                   1.6
Q3'08-Q3'09                   1.2                     1.1                   1.4                   1.3
Q2'09-Q3'09                   0.4                     0.4                   0.5                   0.5
Source: U.S. Bureau of Labor Statistics (http://www.bls.gov/ncs/ect/home.htm).

METRO BUSINESS CYCLE INDEX, OCT. 1980=100, SEASONALLY ADJUSTED1
                          Austin              Dallas          Ft. Worth          Houston        San Antonio
2007                      405.5               208.2             241.6             265.2            236.4
2008                      407.8               210.3             244.8             275.8            240.0
2008 YTD                  408.7               210.6             245.0             275.8            240.3
2009 YTD                  383.7               199.4             238.8             264.9            229.2
2008 Oct                  402.9               209.3             244.1             276.6            238.9
2008 Nov                  400.5               208.0            243.0              277.3           237.9
2009 Oct                  375.3               197.0             238.0             259.2            223.8
2009 Nov                  374.0               196.9            238.2              258.7           222.8
 % Change
2007-2008                   0.6%                1.0%              1.3%              4.0%            1.5%
YTD 2008-2009              -6.1                -5.3              -2.5              -4.0            -4.6
Nov ‘08-Nov ‘09           -6.6                -5.3              -2.0              -6.7             -6.3
Oct ‘09-Nov ‘09            -0.3                -0.1               0.1              -0.2            -0.4
Source: Federal Reserve Bank of Dallas (http://www.dallasfed.org/data/mbci.html).




                                                Page 3 of 8
                    http://www.austinchamber.com/DoBusiness/MediaCenter/Indicators.html
Economic Indicators
JANUARY 2010
Except where noted, data is
not seasonally adjusted.



CONSUMER PRICE INDEX, ALL URBAN CONSUMERS, ALL ITEMS, 1982-84=100
                            U.S. city average                U.S. city average            South urban average
                           Seasonally adjusted            Not seasonally adjusted        Not seasonally adjusted
2007                                —                              207.3                         200.4
2008                                —                              215.3                         208.7
2008 YTD                            —                              215.8                         209.2
2009 YTD                            —                              214.4                         207.7
2008 Oct                          216.9                            216.6                         210.1
2008 Nov                         213.3                            212.4                          205.6
2009 Oct                          216.4                            216.2                         209.3
2009 Nov                         217.3                            216.3                          209.7
 % Change
2007-2008                          —                             3.9%                               4.1%
YTD 2008-2009                      —                            -0.6                               -0.7
Nov ‘08-Nov ‘09                    1.9%                          1.8                                2.0
Oct ‘09-Nov ‘09                    0.4                           0.0                                0.2
Source: U.S. Bureau of Labor Statistics (www.bls.gov/cpi/home.htm).

LOCAL SALES TAX ALLOCATIONS2
                                                 Austin Metropolitan
                          City of Austin                               City of Round Rock       City of San Marcos
                                                  Transit Authority
2008                      $147,051,782             $154,009,619            $67,029,667             $18,382,874
2009                       131,403,989              138,955,174             58,694,318              17,798,267
2009 YTD                    10,379,952                10,875,172             4,812,885               1,562,261
2010 YTD                     9,726,393                 9,870,884             5,299,603               1,442,711
2008 Dec                    11,557,643                12,140,054             5,873,208               1,288,214
2009 Jan                   10,379,952                10,875,172             4,812,885               1,562,261
2009 Dec                    10,548,658                11,180,850             4,595,181               1,221,438
2010 Jan                    9,726,393                 9,870,884             5,299,603               1,442,711
 % Change
2008-2009                     -10.6%                   -9.8%                 -12.4%                  -3.2%
YTD 2008-2009                  -6.3                    -9.2                   10.1                   -7.7
Jan ‘09-Jan ‘10                -6.3                    -9.2                   10.1                   -7.7
Dec ‘09-Jan ‘10                -7.8                   -11.7                   15.3                   18.1


TOTAL SALES & RETAIL SALES
                                       Total                                           Retail
                             Texas             Austin MSA                   Texas               Austin MSA
2007                  $1,620,691,009,349     $70,317,058,513           $350,230,557,388       $23,475,166,804
2008                   1,872,595,089,755      72,789,587,893            360,863,364,480        23,315,760,201
2008 YTD                 812,803,195,724      34,049,608,788            172,202,490,370        11,326,698,538
2009 YTD                 646,996,683,479      30,081,649,225            152,048,798,513        10,251,980,735
2008 Q1                  812,803,195,724      34,049,608,788            172,202,490,370        11,326,698,538
2008 Q2                646,996,683,479       30,081,649,225            152,048,798,513        10,251,980,735
2009 Q1                  380,199,638,351      16,079,572,282             83,667,052,366         5,501,095,207
2009 Q2                432,603,557,373       17,970,036,506             88,535,438,004         5,825,603,331
 % Change
2007-2008                    15.5%                    3.5%                  3.0%                     -0.7%
YTD 2008-2009               -20.4                   -11.7                 -11.7                      -9.5
Q2 '08-Q2 '09               -33.1                   -40.3                 -41.8                     -43.2
Q1 '09-Q2 '09                13.8                    11.8                   5.8                       5.9
Source: Texas Comptroller of Public Accounts, (http://www.window.state.tx.us/taxinfo/sales/).




                                                Page 4 of 8
                    http://www.austinchamber.com/DoBusiness/MediaCenter/Indicators.html
Economic Indicators
                                                                                                 JANUARY 2010
                                                                                        Except where noted, data is
                                                                                           not seasonally adjusted.



AUSTIN-BERGSTROM INTERNATIONAL AIRPORT ACTIVITY
                                        Passengers3                                    Cargo (lbs.)4
2007                                     8,885,391                                     210,785,763
2008                                     9,049,572                                     201,881,429
2008 YTD                                 8,336,214                                     187,621,015
2009 YTD                                 7,526,335                                     141,467,484
2008 Oct                                   756,553                                      17,365,588
2008 Nov                                  682,217                                      14,227,706
2009 Oct                                   737,214                                      14,457,151
2009 Nov                                  678,919                                      12,038,387
 % Change
2007-2008                                  1.8%                                            -4.2%
YTD 2008-2009                             -9.7                                           -24.6
Nov ‘08-Nov ‘09                          -0.5                                            -15.4
Oct ‘09-Nov ‘09                           -7.9                                           -16.7
Source: Austin-Bergstrom International   Airport (www.ci.austin.tx.us/austinairport/activity.htm).


PATENT ACTIVITY
                                                                                  Austin MSA
2007                                                                                2,126
2008                                                                                2,376
2008 YTD                                                                            2,171
2009 YTD                                                                            2,421
2008 Oct                                                                               222
2008 Nov                                                                              242
2009 Oct                                                                               193
2009 Nov                                                                              215
 % Change
2007-2008                                                                             11.8%
YTD 2008-2009                                                                         11.5
Nov ‘08-Nov ‘09                                                                      -11.2
Oct ‘09-Nov ‘09                                                                       11.4
Source: Locke Lord Bissell & Liddell, Austin, TX.

VENTURE CAPITAL INVESTMENT
                                        Austin MSA                                     United States
                                                        Investment                                     Investment
                        Companies          Deals                        Companies          Deals
                                                           (Mil.)                                         (Mil.)
2007                      67            80                $640.0   3,330                   4,022        $30,538.6
2008                      56            65                 328.3   3,301                   3,980         27,958.7
2008 YTD                  50            51                 273.9   3,058                   3,076         22,255.6
2009 YTD                  33            33                 125.3   1,906                   1,910         12,246.9
2008 Q2                   14            14                  56.2   1,056                   1,067          7,442.9
2008 Q3                   18            19                  84.1    987                     994           7,159.8
2009 Q2                   11            11                  44.7     657                     657          4,117.7
2009 Q3                   11            11                  55.9    635                     637           4,808.8
 % Change
2007-2008               -16.4%        -18.8%          -48.7%       -0.9%                  -1.0%          -8.4%
YTD 2008-2009           -34.0         -35.3           -54.3       -37.7                  -37.9          -45.0
Q3'08-Q3'09             -38.9        -42.1            -33.5       -35.7                  -35.9          -32.8
Q2'09-Q3'09               0.0           0.0            25.1        -3.3                   -3.0           16.8
Source: PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey
(http://vx.thomsonib.com/VxComponent/static/stats/statshome.htm).




                                                 Page 5 of 8
                     http://www.austinchamber.com/DoBusiness/MediaCenter/Indicators.html
Economic Indicators
JANUARY 2010
Except where noted, data is
not seasonally adjusted.



NEW PRIVATELY-OWNED HOUSING UNITS AUTHORIZED BY BUILDING PERMITS
                                  Number of housing units                              Valuation (millions)
                          Total       Single-family    Multifamily           Total        Single-family     Multifamily
Austin MSA
2007                      19,903       12,120          7,783    $2,839.260      $2,067.311                  $771.949
2008                      11,792         7,710         4,082     1,845.720       1,341.901                   503.819
2008 YTD5                 13,130         7,736         5,394     1,928.678       1,330.136                   598.542
2009 YTD                   8,241         6,180         2,061     1,159.880         993.437                   166.443
2008 Oct                     815           508           307       120.743           95.984                   24.759
2008 Nov                     713          281            432        83.757          54.364                    29.393
2009 Oct                     476           469              7        81.160          80.740                    0.420
2009 Nov                     626          374            252        87.747          71.351                    16.396
 % Change
2007-2008                -40.8%       -36.4%         -47.6%        -35.0%          -35.1%                     -34.7%
YTD 2008-2009            -37.2         -20.1         -61.8         -39.9           -25.3                      -72.2
Nov ‘08-Nov ‘09          -12.2          33.1         -41.7           4.8            31.2                      -44.2
Oct ‘09-Nov ‘09            31.5        -20.3       3,500.0            8.1          -11.6                    3,803.8
United States
2007                   1,398,415      979,889        418,526    $225,236.6      $183,679.2                  $41,557.4
2008                     905,359      575,554        329,805      141,623.5      110,687.4                   30,936.1
2008 YTD                 864,135      550,998        313,137      133,476.6      104,918.3                   28,558.3
2009 YTD                 524,243      400,686        123,557       86,651.0        75,153.6                  11,497.4
2008 Oct                   63,691       40,390         23,301        9,765.1         7,840.8                  1,924.3
2008 Nov                  41,480       26,197         15,283        6,389.2         5,029.8                   1,359.4
2009 Oct                   46,525       37,899          8,626        8,148.0         7,374.3                    773.7
2009 Nov                  40,747       31,376           9,371       6,949.2         6,108.8                     840.4
 % Change
2007-2008                -35.3%       -41.3%         -21.2%        -37.1%          -39.7%                    -25.6%
YTD 2008-2009            -39.3         -27.3         -60.5         -35.1           -28.4                     -59.7
Nov ‘08-Nov ‘09            -1.8         19.8         -38.7           8.8            21.5                     -38.2
Oct ‘09-Nov ‘09          -12.4         -17.2            8.6        -14.7           -17.2                       8.6
Source: U.S. Bureau of the Census (www.census.gov/const/www/permitsindex.html).

NAHB/WELLS FARGO HOUSING OPPORTUNITY INDEX (HOI)
                                     Austin MSA                                        United States
                                                    Median                                      Median       Weighted
                       Median                                   Median
                                        HOI6         family                          HOI          family      interest
                      sales price                              sales price
                                                    income                                       income         rate
2007                  $202,500        55.2         $69,300   $236,000                43.9        $59,000        6.50%
2008                    184,500       63.5          69,100     207,475               56.8          61,500       6.14
2008 YTD                187,333       62.3          69,100     213,300               55.0          61,500       6.18
2009 YTD                182,000       74.1          73,300     177,167               71.6          64,000       5.17
2008 Q2                 186,000       63.4          69,100     215,000               55.0          61,500       6.12
2008 Q3                185,000        61.9         69,100     205,900                56.1         61,500        6.39
2009 Q2                 186,000       73.4          73,300     177,000               72.3          64,000       5.03
2009 Q3                183,000        74.0         73,300     179,000                70.1         64,000        5.33
 Change
2007-2008                -8.9%       15.0%          -0.3%     -12.1%                 29.4%        4.2%         -5.5%
YTD 2008-2009            -2.8        18.9            6.1      -16.9                  30.2         4.1         -16.3
Q3 '08-Q3 '09            -1.1        19.5            6.1     -13.1                   25.0         4.1         -16.6
Q2 '09-Q3 '09            -1.6          0.8           0.0        1.1                  -3.0         0.0           6.0
Source: National Association of Home Builders (http://www.nahb.org/hoi).




                                                Page 6 of 8
                    http://www.austinchamber.com/DoBusiness/MediaCenter/Indicators.html
Economic Indicators
                                                                                              JANUARY 2010
                                                                                     Except where noted, data is
                                                                                        not seasonally adjusted.



EXISTING HOME SALES, LISTINGS & PRICES
                                                                                                        Months
                         Sales         Dollar volume    Average price Median price    Total listings
                                                                                                       inventory
Austin MSA
2007                    28,048       $6,910,962,480      $246,400       $184,200         9,833           4.0
2008                    22,440        5,470,518,171        243,800       188,200        11,585           5.5
2008 YTD                21,020        5,129,310,211        242,636             ―        11,721           5.6
2009 YTD                19,339        4,558,536,214        234,782             ―        10,934           6.5
2008 Oct                  1,444          345,831,114       239,500       188,500        11,635           5.9
2008 Nov                 1,089         251,409,268        230,900       180,100        10,869            5.7
2009 Oct                  1,930          450,170,770       233,200       179,700        10,300           6.1
2009 Nov                 1,745         405,992,592        232,700       176,300          9,836           5.7
 % Change
2007-2008               -20.0%        -20.8%                -1.1%          2.2%         17.8%          37.5%
YTD 2008-2009            -8.0         -11.1                 -3.2           ―            -6.7           16.1
Nov ‘08-Nov ‘09          60.2          61.5                  0.8          -2.1          -9.5             0.0
Oct ‘09-Nov ‘09          -9.6           -9.8                -0.2          -1.9          -4.5            -6.6
United States
2007                  5,652,000              ―           $266,000       $219,000           ―             8.9
2008                  4,913,000              ―             242,700       198,100           ―            10.5
2008 YTD               4,552,000             ―             243,545             ―           ―            10.5
2009 YTD               4,743,000             ―             217,136             ―           ―             8.9
2008 Oct                 413,000             ―             229,600       186,400           ―            10.2
2008 Nov                322,000              ―            223,000       180,300            ―           11.0
2009 Oct                 498,000             ―             217,300       172,200           ―             7.0
2009 Nov                472,000              ―            216,400       172,600            ―             6.5
 % Change
2007-2008               -13.1%               ―              -8.8%         -9.5%            ―           18.0%
YTD 2008-2009              4.2               ―             -10.8           ―               ―          -15.2
Nov ‘08-Nov ‘09          46.6                ―              -3.0          -4.3             ―          -40.9
Oct ‘09-Nov ‘09          -5.2                ―              -0.4           0.2             ―            -7.1
Sources: Real Estate Center at Texas A&M University (http://recenter.tamu.edu) & National Association of Realtors
(www.realtor.org/Research.nsf/Pages/EHSdata).




                                                Page 7 of 8
                    http://www.austinchamber.com/DoBusiness/MediaCenter/Indicators.html
Economic Indicators
JANUARY 2010
Except where noted, data is
not seasonally adjusted.



OFFICE & INDUSTRIAL REAL ESTATE MARKET7
                                                      Austin                                   National
                         Inventory        Vacant                       Average rental               Average rental
                                                          Vacancy rate                Vacancy rate
                          (sq. ft.)       (sq. ft.)                         rate                         rate
Office
2007                   72,939,677         8,490,412            11.6%      $25.24            10.8%         $24.86
2008                   76,747,339        10,429,331            13.6        25.32            11.9           25.01
2008 YTD               75,694,438         9,525,725            12.6        25.86            11.6           25.30
2009 YTD               78,158,873        11,599,118            14.8        25.39            13.2           23.98
2008 Q2                74,791,272         8,781,496            11.7        26.35            11.3           25.40
2008 Q3               75,694,438         9,525,725             12.6        25.86            11.6           25.30
2009 Q2                77,611,506        11,720,294            15.1        25.61            12.9           24.33
2009 Q3               78,158,873        11,599,118             14.8        25.39            13.2           23.98
 % Change
2007-2008                5.2%              22.8%               17.2%         0.3%           10.2%            0.6%
YTD 2008-2009            3.3               21.8                17.5         -1.8            13.8            -5.2
Q3'08-Q3'09              3.3               21.8                17.5         -1.8            13.8            -5.2
Q2'09-Q3'09              0.7               -1.0                -2.0         -0.9             2.3            -1.4
Industrial
2007                   78,551,315         7,799,694             9.9%       $7.72             8.0%           $6.22
2008                   81,087,114         9,179,278            11.3         7.74             8.8             6.29
2008 YTD               80,193,624         7,573,729             9.4         7.68             8.4             6.33
2009 YTD               81,937,061        10,821,160            13.2         7.12            10.2             5.95
2008 Q2                79,686,322         7,796,383             9.8         7.54             8.5             6.31
2008 Q3               80,193,624         7,573,729              9.4         7.68             8.4             6.33
2009 Q2                81,486,036        10,211,422            12.5         7.36             9.8             6.08
2009 Q3               81,937,061        10,821,160             13.2         7.12            10.2             5.95
 % Change
2007-2008                3.2%              17.7%               14.1%         0.3%           10.0%            1.1%
YTD 2008-2009            2.2               42.9                40.4         -7.3            21.4            -6.0
Q3'08-Q3'09              2.2               42.9                40.4         -7.3            21.4            -6.0
Q2'09-Q3'09              0.6                6.0                 5.6         -3.3             4.1            -2.1
Source: CoStar Group.



1
  These indexes summarize movements in locally measured nonagricultural employment, the unemployment rate,
inflation-adjusted wages and inflation-adjusted retail sales.
2
  The allocation historical summaries show the total dollars returned to a local sales taxing city, county, special
purpose district or transit authority by the Comptroller's office for their local sales tax collection. The payments are
listed by month and totaled by year. Allocation amounts are dependent upon the timing and accuracy of taxpayers'
returns, but generally represent taxes collected on sales made two months or more prior to the allocation payment.
3
  Total passengers includes domestic and international revenue and non-revenue passengers. It is a total of
passengers enplaned, deplaned, and through.
4
  Total cargo includes domestic and international enplaned and deplaned belly freight, mail, and cargo.
5
  The Census Bureau publishes monthly data that it does not revise in light of later information that is incorporated
into YTD numbers. Similarly YTD numbers are not revised to incorporate later information that will be included in
final annual totals. Final 2008 annual permits for Austin are notably lower than indicated in the unrevised
published monthly and YTD numbers for 2008. The Real Estate Center at Texas A&M appears to adjust historical
monthly numbers to be consistent with later revisions. We’re not, presently, electing to replace the Census as the
source for this data in Economic Indicators, however, users comparing 2008 and 2009 may want to also consult the
data at http://recenter.tamu.edu/data/databp.html.
6
  HOI is a measure of the percentage of homes sold in a given area during the quarter that are affordable to
families earning that area’s median income.
7
  Annual numbers are year-end.




                                                 Page 8 of 8
                     http://www.austinchamber.com/DoBusiness/MediaCenter/Indicators.html

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Jan 2010 Austin Economic Indicators

  • 1. Economic Indicators JANUARY 2010 Except where noted, data is not seasonally adjusted. EMPLOYEES ON NON-FARM PAYROLLS Austin MSA Texas United States Total Private Total Total 2007 757,500 600,900 10,395,100 137,598,000 2008 777,400 614,000 10,616,800 137,066,000 2008 YTD 776,836 613,600 10,610,500 137,169,909 2009 YTD 774,500 608,227 10,409,555 132,015,636 2008 Oct 783,900 616,800 10,698,900 137,492,000 2008 Nov 785,200 617,100 10,712,600 136,882,000 2009 Oct 778,500 609,600 10,402,100 132,143,000 2009 Nov 780,900 611,800 10,440,500 132,223,000 Difference 2007-2008 19,900 13,100 221,700 (532,000) YTD 2008-2009 (2,336) (5,373) (200,945) (5,154,273) Nov ‘08-Nov ‘09 (4,300) (5,300) (272,100) (4,659,000) Oct ‘09-Nov ‘09 2,400 2,200 38,400 80,000 % Change 2007-2008 2.6% 2.2% 2.1% -0.4% YTD 2008-2009 -0.3 -0.9 -1.9 -3.8 Nov ‘08-Nov ‘09 -0.5 -0.9 -2.5 -3.4 Oct ‘09-Nov ‘09 0.3 0.4 0.4 0.1 EMPLOYEES ON NON-FARM PAYROLLS BY INDUSTRY, AUSTIN MSA Percent Change 2007 2008 2008 Nov 2009 Oct 2009 Nov Nov ‘08- Oct ‘09- 2007-2008 Nov ‘09 Nov ‘09 Construction & 49,000 47,800 46,700 43,700 43,400 -2.4% -7.1% -0.7% natural resources Manufacturing 59,700 58,200 57,200 50,900 50,800 -2.5 -11.2 -0.2 Wholesale trade 41,300 41,400 41,700 38,800 38,900 0.2 -6.7 0.3 Retail trade 81,400 84,100 85,900 83,900 85,100 3.3 -0.9 1.4 Transp, warehousing, 13,300 13,400 13,500 13,300 13,300 0.8 -1.5 0.0 & utilities Information 21,900 20,900 20,800 19,900 20,000 -4.6 -3.8 0.5 Financial activities 44,700 44,900 44,700 45,800 45,700 0.4 2.2 -0.2 Professional & 106,000 111,700 112,900 113,400 114,000 5.4 1.0 0.5 business services Education & health 77,200 80,600 82,600 85,900 85,900 4.4 4.0 0.0 services Leisure & hospitality 78,300 80,500 79,400 81,600 82,200 2.8 3.5 0.7 Other services 28,200 30,400 31,700 32,400 32,500 7.8 2.5 0.3 Government 156,600 163,400 168,100 168,900 169,100 4.3 0.6 0.1 BEST PERFORMING AMONG THE 50 LARGEST METROS: NON-FARM PAYROLL JOBS November 2008 November 2009 Difference Percent ch. Rank Virginia Beach MSA 767,700 764,700 -3,000 -0.4% 1 Austin MSA 785,200 780,900 -4,300 -0.5 2 San Antonio MSA 855,400 849,200 -6,200 -0.7 3 Fort Worth MDiv 881,400 874,600 -6,800 -0.8 4 Washington MDiv 2,444,400 2,423,200 -21,200 -0.9 5 Columbus MSA 944,900 934,900 -10,000 -1.1 6 Newark MDiv 1,034,100 1,020,800 -13,300 -1.3 7 Edison MDiv 1,030,200 1,015,700 -14,500 -1.4 8 Richmond MSA 620,100 608,800 -11,300 -1.8 9 Baltimore MSA 1,312,500 1,286,700 -25,800 -2.0 10 Source: Current Employment Statistics, Texas Workforce Commission (www.tracer2.com) & U.S. Bureau of Labor Statistics (www.bls.gov/ces/home.htm). Page 1 of 8 http://www.austinchamber.com/DoBusiness/MediaCenter/Indicators.html
  • 2. Economic Indicators JANUARY 2010 Except where noted, data is not seasonally adjusted. LABOR FORCE, EMPLOYMENT & UNEMPLOYMENT Labor Force Employment Unemployment Unemp. rate Austin MSA 2007 847,220 815,545 31,675 3.7% 2008 867,507 829,633 37,874 4.4 2008 YTD 866,999 829,821 37,179 4.3 2009 YTD 892,505 832,600 59,905 6.7 2008 Oct 877,560 836,976 40,584 4.6 2008 Nov 877,692 834,556 43,136 4.9 2009 Oct 904,578 839,877 64,701 7.2 2009 Nov 905,495 843,093 62,402 6.9 Texas 2007 11,474,987 10,972,152 502,835 4.4% 2008 11,701,585 11,126,436 575,149 4.9 2008 YTD 11,693,671 11,126,950 566,720 4.8 2009 YTD 11,970,711 11,077,931 892,780 7.5 2008 Oct 11,812,192 11,200,329 611,863 5.2 2008 Nov 11,808,224 11,167,592 640,632 5.4 2009 Oct 12,069,719 11,090,397 979,322 8.1 2009 Nov 12,103,220 11,149,340 953,880 7.9 United States 2007 153,124,000 146,047,000 7,078,000 4.6% 2008 154,287,000 145,362,000 8,924,000 5.8 2008 YTD 154,281,000 145,545,455 8,735,636 5.7 2009 YTD 154,273,727 140,052,455 14,221,364 9.2 2008 Oct 155,012,000 145,543,000 9,469,000 6.1 2008 Nov 154,624,000 144,609,000 10,015,000 6.5 2009 Oct 153,635,000 139,088,000 14,547,000 9.5 2009 Nov 153,539,000 139,132,000 14,407,000 9.4 LABOR FORCE, EMPLOYMENT & UNEMPLOYMENT BY COUNTY, NOVEMBER 2009 Labor Force Employment Unemployment Unemp. Rate Bastrop 36,041 33,170 2,871 8.0% Caldwell 16,587 15,268 1,319 8.0 Hays 78,326 73,125 5,201 6.6 Travis 566,123 528,730 37,393 6.6 Williamson 208,418 192,800 15,618 7.5 EMPLOYMENT GROWTH Austin MSA Texas United States 2007-2008 14,088 154,284 -685,000 YTD 2008-2009 2,779 -49,019 -5,493,000 Difference Nov ‘08-Nov ‘09 8,537 -18,252 -5,477,000 Oct ‘09-Nov ‘09 3,216 58,943 44,000 2007-2008 1.7% 1.4% -0.5% YTD 2008-2009 0.3 -0.4 -3.8 Percent change Nov ‘08-Nov ‘09 1.0 -0.2 -3.8 Oct ‘09-Nov ‘09 0.4 0.5 0.0 Page 2 of 8 http://www.austinchamber.com/DoBusiness/MediaCenter/Indicators.html
  • 3. Economic Indicators JANUARY 2010 Except where noted, data is not seasonally adjusted. LOWEST UNEMPLOYMENT RATES AMONG THE 50 LARGEST METROS November 2008 November 2009 Difference Rank Washington MDiv 4.5% 6.3% 1.8% 1 Virginia Beach MSA 4.9 6.6 1.7 2 San Antonio MSA 5.2 6.8 1.5 3 Nassau MDiv 5.3 6.8 1.5 4 Denver MSA 5.6 6.8 1.3 5 Austin MSA 4.9 6.9 2.0 6 Minneapolis MSA 5.6 7.0 1.4 7 Boston MDiv 5.1 7.3 2.2 8 Richmond MSA 5.0 7.5 2.5 9 Pittsburgh MSA 5.4 7.5 2.1 10 Source: Local Area Unemployment Statistics, Texas Workforce Commission (www.tracer2.com) & U.S. Bureau of Labor Statistics (http://www.bls.gov/lau/home.htm). EMPLOYMENT COST INDEX (2005 Q4=100), PRIVATE INDUSTRY Total compensation Wages & salaries United States West South Central United States West South Central 2007 105.2 105.1 105.5 105.5 2008 108.2 108.3 108.6 109.0 2008 YTD 108.0 108.1 108.4 108.7 2009 YTD 109.6 109.6 110.2 110.4 2008 Q2 108.0 108.2 108.4 108.8 2008 Q3 108.7 108.7 109.1 109.4 2009 Q2 109.6 109.5 110.1 110.2 2009 Q3 110.0 109.9 110.6 110.8 % Change 2007-2008 2.9% 3.0% 2.9% 3.3% YTD 2008-2009 1.5 1.4 1.7 1.6 Q3'08-Q3'09 1.2 1.1 1.4 1.3 Q2'09-Q3'09 0.4 0.4 0.5 0.5 Source: U.S. Bureau of Labor Statistics (http://www.bls.gov/ncs/ect/home.htm). METRO BUSINESS CYCLE INDEX, OCT. 1980=100, SEASONALLY ADJUSTED1 Austin Dallas Ft. Worth Houston San Antonio 2007 405.5 208.2 241.6 265.2 236.4 2008 407.8 210.3 244.8 275.8 240.0 2008 YTD 408.7 210.6 245.0 275.8 240.3 2009 YTD 383.7 199.4 238.8 264.9 229.2 2008 Oct 402.9 209.3 244.1 276.6 238.9 2008 Nov 400.5 208.0 243.0 277.3 237.9 2009 Oct 375.3 197.0 238.0 259.2 223.8 2009 Nov 374.0 196.9 238.2 258.7 222.8 % Change 2007-2008 0.6% 1.0% 1.3% 4.0% 1.5% YTD 2008-2009 -6.1 -5.3 -2.5 -4.0 -4.6 Nov ‘08-Nov ‘09 -6.6 -5.3 -2.0 -6.7 -6.3 Oct ‘09-Nov ‘09 -0.3 -0.1 0.1 -0.2 -0.4 Source: Federal Reserve Bank of Dallas (http://www.dallasfed.org/data/mbci.html). Page 3 of 8 http://www.austinchamber.com/DoBusiness/MediaCenter/Indicators.html
  • 4. Economic Indicators JANUARY 2010 Except where noted, data is not seasonally adjusted. CONSUMER PRICE INDEX, ALL URBAN CONSUMERS, ALL ITEMS, 1982-84=100 U.S. city average U.S. city average South urban average Seasonally adjusted Not seasonally adjusted Not seasonally adjusted 2007 — 207.3 200.4 2008 — 215.3 208.7 2008 YTD — 215.8 209.2 2009 YTD — 214.4 207.7 2008 Oct 216.9 216.6 210.1 2008 Nov 213.3 212.4 205.6 2009 Oct 216.4 216.2 209.3 2009 Nov 217.3 216.3 209.7 % Change 2007-2008 — 3.9% 4.1% YTD 2008-2009 — -0.6 -0.7 Nov ‘08-Nov ‘09 1.9% 1.8 2.0 Oct ‘09-Nov ‘09 0.4 0.0 0.2 Source: U.S. Bureau of Labor Statistics (www.bls.gov/cpi/home.htm). LOCAL SALES TAX ALLOCATIONS2 Austin Metropolitan City of Austin City of Round Rock City of San Marcos Transit Authority 2008 $147,051,782 $154,009,619 $67,029,667 $18,382,874 2009 131,403,989 138,955,174 58,694,318 17,798,267 2009 YTD 10,379,952 10,875,172 4,812,885 1,562,261 2010 YTD 9,726,393 9,870,884 5,299,603 1,442,711 2008 Dec 11,557,643 12,140,054 5,873,208 1,288,214 2009 Jan 10,379,952 10,875,172 4,812,885 1,562,261 2009 Dec 10,548,658 11,180,850 4,595,181 1,221,438 2010 Jan 9,726,393 9,870,884 5,299,603 1,442,711 % Change 2008-2009 -10.6% -9.8% -12.4% -3.2% YTD 2008-2009 -6.3 -9.2 10.1 -7.7 Jan ‘09-Jan ‘10 -6.3 -9.2 10.1 -7.7 Dec ‘09-Jan ‘10 -7.8 -11.7 15.3 18.1 TOTAL SALES & RETAIL SALES Total Retail Texas Austin MSA Texas Austin MSA 2007 $1,620,691,009,349 $70,317,058,513 $350,230,557,388 $23,475,166,804 2008 1,872,595,089,755 72,789,587,893 360,863,364,480 23,315,760,201 2008 YTD 812,803,195,724 34,049,608,788 172,202,490,370 11,326,698,538 2009 YTD 646,996,683,479 30,081,649,225 152,048,798,513 10,251,980,735 2008 Q1 812,803,195,724 34,049,608,788 172,202,490,370 11,326,698,538 2008 Q2 646,996,683,479 30,081,649,225 152,048,798,513 10,251,980,735 2009 Q1 380,199,638,351 16,079,572,282 83,667,052,366 5,501,095,207 2009 Q2 432,603,557,373 17,970,036,506 88,535,438,004 5,825,603,331 % Change 2007-2008 15.5% 3.5% 3.0% -0.7% YTD 2008-2009 -20.4 -11.7 -11.7 -9.5 Q2 '08-Q2 '09 -33.1 -40.3 -41.8 -43.2 Q1 '09-Q2 '09 13.8 11.8 5.8 5.9 Source: Texas Comptroller of Public Accounts, (http://www.window.state.tx.us/taxinfo/sales/). Page 4 of 8 http://www.austinchamber.com/DoBusiness/MediaCenter/Indicators.html
  • 5. Economic Indicators JANUARY 2010 Except where noted, data is not seasonally adjusted. AUSTIN-BERGSTROM INTERNATIONAL AIRPORT ACTIVITY Passengers3 Cargo (lbs.)4 2007 8,885,391 210,785,763 2008 9,049,572 201,881,429 2008 YTD 8,336,214 187,621,015 2009 YTD 7,526,335 141,467,484 2008 Oct 756,553 17,365,588 2008 Nov 682,217 14,227,706 2009 Oct 737,214 14,457,151 2009 Nov 678,919 12,038,387 % Change 2007-2008 1.8% -4.2% YTD 2008-2009 -9.7 -24.6 Nov ‘08-Nov ‘09 -0.5 -15.4 Oct ‘09-Nov ‘09 -7.9 -16.7 Source: Austin-Bergstrom International Airport (www.ci.austin.tx.us/austinairport/activity.htm). PATENT ACTIVITY Austin MSA 2007 2,126 2008 2,376 2008 YTD 2,171 2009 YTD 2,421 2008 Oct 222 2008 Nov 242 2009 Oct 193 2009 Nov 215 % Change 2007-2008 11.8% YTD 2008-2009 11.5 Nov ‘08-Nov ‘09 -11.2 Oct ‘09-Nov ‘09 11.4 Source: Locke Lord Bissell & Liddell, Austin, TX. VENTURE CAPITAL INVESTMENT Austin MSA United States Investment Investment Companies Deals Companies Deals (Mil.) (Mil.) 2007 67 80 $640.0 3,330 4,022 $30,538.6 2008 56 65 328.3 3,301 3,980 27,958.7 2008 YTD 50 51 273.9 3,058 3,076 22,255.6 2009 YTD 33 33 125.3 1,906 1,910 12,246.9 2008 Q2 14 14 56.2 1,056 1,067 7,442.9 2008 Q3 18 19 84.1 987 994 7,159.8 2009 Q2 11 11 44.7 657 657 4,117.7 2009 Q3 11 11 55.9 635 637 4,808.8 % Change 2007-2008 -16.4% -18.8% -48.7% -0.9% -1.0% -8.4% YTD 2008-2009 -34.0 -35.3 -54.3 -37.7 -37.9 -45.0 Q3'08-Q3'09 -38.9 -42.1 -33.5 -35.7 -35.9 -32.8 Q2'09-Q3'09 0.0 0.0 25.1 -3.3 -3.0 16.8 Source: PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey (http://vx.thomsonib.com/VxComponent/static/stats/statshome.htm). Page 5 of 8 http://www.austinchamber.com/DoBusiness/MediaCenter/Indicators.html
  • 6. Economic Indicators JANUARY 2010 Except where noted, data is not seasonally adjusted. NEW PRIVATELY-OWNED HOUSING UNITS AUTHORIZED BY BUILDING PERMITS Number of housing units Valuation (millions) Total Single-family Multifamily Total Single-family Multifamily Austin MSA 2007 19,903 12,120 7,783 $2,839.260 $2,067.311 $771.949 2008 11,792 7,710 4,082 1,845.720 1,341.901 503.819 2008 YTD5 13,130 7,736 5,394 1,928.678 1,330.136 598.542 2009 YTD 8,241 6,180 2,061 1,159.880 993.437 166.443 2008 Oct 815 508 307 120.743 95.984 24.759 2008 Nov 713 281 432 83.757 54.364 29.393 2009 Oct 476 469 7 81.160 80.740 0.420 2009 Nov 626 374 252 87.747 71.351 16.396 % Change 2007-2008 -40.8% -36.4% -47.6% -35.0% -35.1% -34.7% YTD 2008-2009 -37.2 -20.1 -61.8 -39.9 -25.3 -72.2 Nov ‘08-Nov ‘09 -12.2 33.1 -41.7 4.8 31.2 -44.2 Oct ‘09-Nov ‘09 31.5 -20.3 3,500.0 8.1 -11.6 3,803.8 United States 2007 1,398,415 979,889 418,526 $225,236.6 $183,679.2 $41,557.4 2008 905,359 575,554 329,805 141,623.5 110,687.4 30,936.1 2008 YTD 864,135 550,998 313,137 133,476.6 104,918.3 28,558.3 2009 YTD 524,243 400,686 123,557 86,651.0 75,153.6 11,497.4 2008 Oct 63,691 40,390 23,301 9,765.1 7,840.8 1,924.3 2008 Nov 41,480 26,197 15,283 6,389.2 5,029.8 1,359.4 2009 Oct 46,525 37,899 8,626 8,148.0 7,374.3 773.7 2009 Nov 40,747 31,376 9,371 6,949.2 6,108.8 840.4 % Change 2007-2008 -35.3% -41.3% -21.2% -37.1% -39.7% -25.6% YTD 2008-2009 -39.3 -27.3 -60.5 -35.1 -28.4 -59.7 Nov ‘08-Nov ‘09 -1.8 19.8 -38.7 8.8 21.5 -38.2 Oct ‘09-Nov ‘09 -12.4 -17.2 8.6 -14.7 -17.2 8.6 Source: U.S. Bureau of the Census (www.census.gov/const/www/permitsindex.html). NAHB/WELLS FARGO HOUSING OPPORTUNITY INDEX (HOI) Austin MSA United States Median Median Weighted Median Median HOI6 family HOI family interest sales price sales price income income rate 2007 $202,500 55.2 $69,300 $236,000 43.9 $59,000 6.50% 2008 184,500 63.5 69,100 207,475 56.8 61,500 6.14 2008 YTD 187,333 62.3 69,100 213,300 55.0 61,500 6.18 2009 YTD 182,000 74.1 73,300 177,167 71.6 64,000 5.17 2008 Q2 186,000 63.4 69,100 215,000 55.0 61,500 6.12 2008 Q3 185,000 61.9 69,100 205,900 56.1 61,500 6.39 2009 Q2 186,000 73.4 73,300 177,000 72.3 64,000 5.03 2009 Q3 183,000 74.0 73,300 179,000 70.1 64,000 5.33 Change 2007-2008 -8.9% 15.0% -0.3% -12.1% 29.4% 4.2% -5.5% YTD 2008-2009 -2.8 18.9 6.1 -16.9 30.2 4.1 -16.3 Q3 '08-Q3 '09 -1.1 19.5 6.1 -13.1 25.0 4.1 -16.6 Q2 '09-Q3 '09 -1.6 0.8 0.0 1.1 -3.0 0.0 6.0 Source: National Association of Home Builders (http://www.nahb.org/hoi). Page 6 of 8 http://www.austinchamber.com/DoBusiness/MediaCenter/Indicators.html
  • 7. Economic Indicators JANUARY 2010 Except where noted, data is not seasonally adjusted. EXISTING HOME SALES, LISTINGS & PRICES Months Sales Dollar volume Average price Median price Total listings inventory Austin MSA 2007 28,048 $6,910,962,480 $246,400 $184,200 9,833 4.0 2008 22,440 5,470,518,171 243,800 188,200 11,585 5.5 2008 YTD 21,020 5,129,310,211 242,636 ― 11,721 5.6 2009 YTD 19,339 4,558,536,214 234,782 ― 10,934 6.5 2008 Oct 1,444 345,831,114 239,500 188,500 11,635 5.9 2008 Nov 1,089 251,409,268 230,900 180,100 10,869 5.7 2009 Oct 1,930 450,170,770 233,200 179,700 10,300 6.1 2009 Nov 1,745 405,992,592 232,700 176,300 9,836 5.7 % Change 2007-2008 -20.0% -20.8% -1.1% 2.2% 17.8% 37.5% YTD 2008-2009 -8.0 -11.1 -3.2 ― -6.7 16.1 Nov ‘08-Nov ‘09 60.2 61.5 0.8 -2.1 -9.5 0.0 Oct ‘09-Nov ‘09 -9.6 -9.8 -0.2 -1.9 -4.5 -6.6 United States 2007 5,652,000 ― $266,000 $219,000 ― 8.9 2008 4,913,000 ― 242,700 198,100 ― 10.5 2008 YTD 4,552,000 ― 243,545 ― ― 10.5 2009 YTD 4,743,000 ― 217,136 ― ― 8.9 2008 Oct 413,000 ― 229,600 186,400 ― 10.2 2008 Nov 322,000 ― 223,000 180,300 ― 11.0 2009 Oct 498,000 ― 217,300 172,200 ― 7.0 2009 Nov 472,000 ― 216,400 172,600 ― 6.5 % Change 2007-2008 -13.1% ― -8.8% -9.5% ― 18.0% YTD 2008-2009 4.2 ― -10.8 ― ― -15.2 Nov ‘08-Nov ‘09 46.6 ― -3.0 -4.3 ― -40.9 Oct ‘09-Nov ‘09 -5.2 ― -0.4 0.2 ― -7.1 Sources: Real Estate Center at Texas A&M University (http://recenter.tamu.edu) & National Association of Realtors (www.realtor.org/Research.nsf/Pages/EHSdata). Page 7 of 8 http://www.austinchamber.com/DoBusiness/MediaCenter/Indicators.html
  • 8. Economic Indicators JANUARY 2010 Except where noted, data is not seasonally adjusted. OFFICE & INDUSTRIAL REAL ESTATE MARKET7 Austin National Inventory Vacant Average rental Average rental Vacancy rate Vacancy rate (sq. ft.) (sq. ft.) rate rate Office 2007 72,939,677 8,490,412 11.6% $25.24 10.8% $24.86 2008 76,747,339 10,429,331 13.6 25.32 11.9 25.01 2008 YTD 75,694,438 9,525,725 12.6 25.86 11.6 25.30 2009 YTD 78,158,873 11,599,118 14.8 25.39 13.2 23.98 2008 Q2 74,791,272 8,781,496 11.7 26.35 11.3 25.40 2008 Q3 75,694,438 9,525,725 12.6 25.86 11.6 25.30 2009 Q2 77,611,506 11,720,294 15.1 25.61 12.9 24.33 2009 Q3 78,158,873 11,599,118 14.8 25.39 13.2 23.98 % Change 2007-2008 5.2% 22.8% 17.2% 0.3% 10.2% 0.6% YTD 2008-2009 3.3 21.8 17.5 -1.8 13.8 -5.2 Q3'08-Q3'09 3.3 21.8 17.5 -1.8 13.8 -5.2 Q2'09-Q3'09 0.7 -1.0 -2.0 -0.9 2.3 -1.4 Industrial 2007 78,551,315 7,799,694 9.9% $7.72 8.0% $6.22 2008 81,087,114 9,179,278 11.3 7.74 8.8 6.29 2008 YTD 80,193,624 7,573,729 9.4 7.68 8.4 6.33 2009 YTD 81,937,061 10,821,160 13.2 7.12 10.2 5.95 2008 Q2 79,686,322 7,796,383 9.8 7.54 8.5 6.31 2008 Q3 80,193,624 7,573,729 9.4 7.68 8.4 6.33 2009 Q2 81,486,036 10,211,422 12.5 7.36 9.8 6.08 2009 Q3 81,937,061 10,821,160 13.2 7.12 10.2 5.95 % Change 2007-2008 3.2% 17.7% 14.1% 0.3% 10.0% 1.1% YTD 2008-2009 2.2 42.9 40.4 -7.3 21.4 -6.0 Q3'08-Q3'09 2.2 42.9 40.4 -7.3 21.4 -6.0 Q2'09-Q3'09 0.6 6.0 5.6 -3.3 4.1 -2.1 Source: CoStar Group. 1 These indexes summarize movements in locally measured nonagricultural employment, the unemployment rate, inflation-adjusted wages and inflation-adjusted retail sales. 2 The allocation historical summaries show the total dollars returned to a local sales taxing city, county, special purpose district or transit authority by the Comptroller's office for their local sales tax collection. The payments are listed by month and totaled by year. Allocation amounts are dependent upon the timing and accuracy of taxpayers' returns, but generally represent taxes collected on sales made two months or more prior to the allocation payment. 3 Total passengers includes domestic and international revenue and non-revenue passengers. It is a total of passengers enplaned, deplaned, and through. 4 Total cargo includes domestic and international enplaned and deplaned belly freight, mail, and cargo. 5 The Census Bureau publishes monthly data that it does not revise in light of later information that is incorporated into YTD numbers. Similarly YTD numbers are not revised to incorporate later information that will be included in final annual totals. Final 2008 annual permits for Austin are notably lower than indicated in the unrevised published monthly and YTD numbers for 2008. The Real Estate Center at Texas A&M appears to adjust historical monthly numbers to be consistent with later revisions. We’re not, presently, electing to replace the Census as the source for this data in Economic Indicators, however, users comparing 2008 and 2009 may want to also consult the data at http://recenter.tamu.edu/data/databp.html. 6 HOI is a measure of the percentage of homes sold in a given area during the quarter that are affordable to families earning that area’s median income. 7 Annual numbers are year-end. Page 8 of 8 http://www.austinchamber.com/DoBusiness/MediaCenter/Indicators.html