2022-2025 Florida & Metro Forecast

Page 129

SEBRING

Short Term Outlook for Sebring, FL March 2022 Forecast 2022:1

2022:2

2022:3

2022:4

2023:1

2023:2

2023:3

2023:4

2024:1

2024:2

2024:3

2024:4

2025:1

4.3 -6.0 1.4 2.9

4.3 1.9 1.4 2.9

4.4 2.8 1.4 3.0

4.4 2.9 1.4 3.0

4.4 3.9 1.4 3.0

4.5 3.8 1.4 3.1

4.5 3.6 1.5 3.1

4.6 4.4 1.5 3.1

4.7 4.8 1.5 3.2

4.7 4.6 1.5 3.2

4.8 4.7 1.5 3.2

4.8 4.6 1.5 3.3

4.9 4.8 1.6 3.3

4.0 -11.0

4.0 -2.6

4.0 -1.0

4.0 0.4

4.0 2.0

4.1 2.0

4.1 2.0

4.1 2.6

4.2 2.9

4.2 2.7

4.2 2.7

4.2 2.6

4.3 2.7

Per Capita Income (Ths) Real Per Capita Income (12$)

42.4 39.2

43.0 39.5

43.6 39.9

43.9 40.0

44.3 40.2

44.8 40.5

45.3 40.7

45.8 41.0

46.3 41.3

46.7 41.4

47.2 41.7

47.7 41.9

48.3 42.2

Average Annual Wage (Ths) Pct Chg Year Ago

52.7 8.7

53.3 4.9

53.6 3.3

53.9 2.8

54.2 2.8

54.6 2.4

54.9 2.5

55.6 3.3

56.4 3.9

57.0 4.5

57.8 5.1

58.4 5.0

59.2 5.1

Personal Income (Billions $) Total Personal Income Pct Chg Year Ago Wages and Salaries Nonwage Income Real Personal Income (12$) Pct Chg Year Ago

Establishment Employment (Place of Work, Thousands, SA) Total Employment Pct Chg Year Ago

26.0 4.6

26.2 3.6

26.3 1.2

26.2 1.7

26.2 0.6

26.3 0.2

26.3 0.1

26.3 0.2

26.3 0.3

26.2 -0.3

26.2 -0.5

26.2 -0.6

26.2 -0.4

Manufacturing Pct Chg Year Ago

0.6 1.4

0.6 0.4

0.6 -5.5

0.5 -10.5

0.5 -12.2

0.5 -12.6

0.5 -12.3

0.5 -12.7

0.5 -12.2

0.5 -11.9

0.4 -11.2

0.4 -10.3

0.4 -9.2

Nonmanufacturing Pct Chg Year Ago

25.4 4.6

25.7 3.7

25.7 1.4

25.7 2.0

25.7 0.9

25.8 0.5

25.8 0.4

25.8 0.5

25.8 0.5

25.8 0.0

25.8 -0.3

25.7 -0.4

25.8 -0.2

Construction & Mining Pct Chg Year Ago

1.8 8.8

1.8 5.3

1.8 1.4

1.8 1.4

1.8 1.4

1.8 0.6

1.8 -0.4

1.8 -1.1

1.8 -1.5

1.8 -2.0

1.7 -2.1

1.7 -2.2

1.7 -1.7

Trade, Trans, & Utilities Pct Chg Year Ago

5.6 0.8

5.6 2.8

5.6 0.5

5.4 -1.9

5.4 -3.3

5.4 -3.3

5.4 -2.8

5.4 -0.6

5.4 -0.4

5.3 -3.1

5.2 -3.4

5.2 -3.7

5.2 -3.1

Wholesale Trade Retail Trade Trans, Wrhsng, & Util

0.8 3.9 0.9

0.8 3.9 0.9

0.8 3.8 1.0

0.8 3.7 1.0

0.8 3.6 1.0

0.8 3.7 1.0

0.8 3.6 1.0

0.8 3.6 1.0

0.8 3.6 1.0

0.8 3.5 1.0

0.8 3.4 1.0

0.8 3.4 1.0

0.8 3.3 1.0

Information Pct Chg Year Ago

0.2 16.6

0.2 7.1

0.2 -4.9

0.2 -10.5

0.2 -11.8

0.2 -9.9

0.2 -9.1

0.2 -10.9

0.2 -9.8

0.2 -8.6

0.2 -5.8

0.2 -3.2

0.2 -1.0

Financial Activities Pct Chg Year Ago

0.9 4.1

0.9 1.9

0.9 -0.3

0.9 -0.7

0.9 0.3

0.9 0.3

0.9 -0.3

0.9 0.1

0.9 -0.5

0.9 0.1

0.9 0.2

0.9 0.6

0.9 0.9

2.5 10.0

2.5 5.0

2.5 0.3

2.5 0.4

2.6 1.9

2.5 1.0

2.5 0.1

2.6 0.9

2.6 1.5

2.6 3.1

2.6 3.6

2.6 3.3

2.7 2.4

6.1 1.4

6.1 1.2

6.1 -0.7

6.0 -0.8

6.0 -1.2

6.0 -1.4

6.0 -1.6

6.0 -0.8

6.0 0.0

6.0 0.7

6.0 1.0

6.0 0.9

6.1 1.1

3.5 14.6

3.7 10.4

3.7 12.5

3.9 18.6

3.9 11.2

4.0 9.6

4.1 10.3

4.1 5.8

4.1 4.2

4.1 1.9

4.1 -0.1

4.1 -0.3

4.1 0.0

Other Services Pct Chg Year Ago

0.6 6.4

0.6 6.0

0.6 6.1

0.6 8.0

0.6 4.6

0.6 1.6

0.6 -0.7

0.6 -0.4

0.6 0.1

0.6 1.9

0.6 2.3

0.7 2.5

0.7 3.2

Federal Government Pct Chg Year Ago

0.3 6.2

0.3 7.2

0.3 8.9

0.3 0.4

0.3 0.8

0.3 0.8

0.3 0.6

0.3 0.4

0.3 0.4

0.3 0.3

0.3 0.6

0.3 0.8

0.3 0.7

State & Local Government Pct Chg Year Ago

3.9 1.4

4.0 1.1

4.0 -3.2

4.0 -0.1

4.0 0.5

4.0 0.0

4.0 0.0

4.0 0.1

4.0 0.0

4.0 0.0

4.0 -0.1

4.0 -0.2

3.9 -0.4

Population (Ths) Pct Chg Year Ago

100.9 -0.1

100.8 -0.3

100.6 -0.5

100.5 -0.5

100.4 -0.5

100.4 -0.4

100.4 -0.2

100.5 0.0

100.6 0.2

100.7 0.3

100.8 0.4

100.9 0.4

101.0 0.4

Labor Force (Ths) Pct Chg Year Ago

36.7 4.4

37.0 3.8

37.1 3.1

37.2 1.9

37.2 1.2

37.2 0.6

37.2 0.2

37.2 0.2

37.3 0.2

37.3 0.3

37.3 0.3

37.3 0.3

37.4 0.3

Prof & Business Services Pct Chg Year Ago Educ & Health Services Pct Chg Year Ago Leisure & Hospitality Pct Chg Year Ago

Other Economic Indicators

Unemployment Rate (%) Total Housing Starts Single-Family Multifamily

5.5

5.4

5.2

5.0

4.8

4.9

5.0

5.1

5.0

5.2

5.2

5.1

5.1

504.6 503.4 1.1

469.6 472.1 -2.5

458.9 456.9 2.0

447.1 437.5 9.6

433.2 411.6 21.6

424.9 388.7 36.2

433.4 383.9 49.5

433.5 380.6 53.0

427.0 372.6 54.4

421.9 367.2 54.7

420.0 364.6 55.4

418.7 360.4 58.3

419.3 360.8 58.5

Institute for Economic Forecasting

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Industry Location Quotient

3min
pages 150-152

West Palm Beach-Boca Raton-Boynton Beach................145

4min
page 149

Tampa–St. Petersburg–Clearwater ..........................................135

11min
pages 139-143

The Villages........................................................................................140

12min
pages 144-148

Tallahassee...........................................................................................130

12min
pages 134-138

Sebring.................................................................................................. 125

11min
pages 129-133

Pensacola–Ferry Pass–Brent ..................................................... 105

12min
pages 109-113

Sebastian–Vero Beach...................................................................120

12min
pages 124-128

Ocala .........................................................................................................85

12min
pages 89-93

North Port–Sarasota–Bradenton................................................ 80

12min
pages 84-88

Panama City ......................................................................................100

11min
pages 104-108

Orlando–Kissimmee–Sanford....................................................... 90

12min
pages 94-98

Punta Gorda.......................................................................................... 115

12min
pages 119-123

Palm Bay–Melbourne–Titusville ....................................................95

12min
pages 99-103

Naples–Immokalee–Marco Island ................................................ 75

12min
pages 79-83

Miami-Miami Beach-Kendall...........................................................70

12min
pages 74-78

Florida News Summaries................................................................. 23

11min
pages 24-28

Gainesville...............................................................................................45

11min
pages 49-53

Crestview–Ft. Walton Beach–Destin......................................... 30

12min
pages 34-38

Florida Forecast Charts ...................................................................20

1min
page 23

Homosassa Springs........................................................................... 50

11min
pages 54-58

Deltona–Daytona Beach–Ormond Beach ...............................35

12min
pages 39-43

Florida Highlights and Summary.....................................................5

8min
pages 11-13
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