O cala
Short Term Outlook for Ocala, 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
16.9 -4.9 6.0 10.9
17.3 4.5 6.2 11.1
17.6 6.4 6.3 11.3
17.8 6.0 6.4 11.4
18.0 6.6 6.4 11.6
18.3 5.7 6.5 11.8
18.6 5.5 6.6 12.0
18.9 6.1 6.6 12.2
19.2 6.4 6.7 12.4
19.4 6.2 6.8 12.6
19.7 6.0 6.9 12.8
20.0 5.9 7.0 13.0
20.3 5.9 7.0 13.3
15.2 -10.0
15.5 -0.2
15.7 2.5
15.8 3.3
15.9 4.7
16.1 3.9
16.3 3.8
16.5 4.3
16.6 4.4
16.8 4.2
16.9 4.0
17.1 3.9
17.3 3.9
Per Capita Income (Ths) Real Per Capita Income (12$)
43.1 38.8
43.9 39.3
44.5 39.6
44.8 39.7
45.2 39.9
45.6 40.2
46.1 40.4
46.7 40.8
47.3 41.1
47.8 41.3
48.3 41.5
48.9 41.8
49.5 42.1
Average Annual Wage (Ths) Pct Chg Year Ago
53.6 8.5
54.2 4.7
54.5 3.5
54.7 2.8
55.0 2.7
55.3 2.2
55.7 2.2
56.3 2.9
56.9 3.4
57.6 4.0
58.2 4.6
58.8 4.4
59.5 4.4
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
111.9 3.5
113.9 5.6
114.9 5.8
115.4 4.9
115.8 3.4
116.6 2.3
117.1 1.9
117.4 1.7
117.6 1.6
117.6 0.9
117.6 0.5
117.8 0.3
117.9 0.2
Manufacturing Pct Chg Year Ago
10.6 7.0
10.7 7.9
10.6 4.6
10.7 2.0
10.7 1.0
10.7 0.4
10.7 0.6
10.7 0.0
10.7 0.0
10.6 -0.7
10.6 -1.3
10.5 -1.6
10.5 -1.9
Nonmanufacturing Pct Chg Year Ago
101.4 3.2
103.3 5.3
104.3 5.9
104.7 5.2
105.1 3.7
105.8 2.5
106.4 2.0
106.7 1.9
106.9 1.8
106.9 1.0
107.0 0.6
107.2 0.5
107.4 0.5
9.2 4.2
9.3 6.4
9.3 5.4
9.3 1.4
9.3 1.3
9.3 0.0
9.2 -1.4
9.1 -2.2
9.1 -2.6
9.0 -2.6
9.0 -2.4
9.0 -2.0
8.9 -1.9
Trade, Trans, & Utilities Pct Chg Year Ago
28.4 4.5
29.0 7.7
29.1 6.7
28.7 2.8
28.6 0.6
28.9 -0.6
28.8 -0.8
28.9 0.8
28.8 0.8
28.4 -1.6
28.2 -2.1
28.2 -2.6
28.2 -2.2
Wholesale Trade Retail Trade Trans, Wrhsng, & Util
4.2 17.3 6.9
4.3 17.8 7.0
4.4 17.5 7.2
4.5 17.0 7.2
4.5 16.8 7.2
4.5 17.2 7.2
4.5 17.1 7.2
4.6 17.1 7.2
4.7 16.9 7.2
4.7 16.4 7.3
4.7 16.2 7.3
4.7 16.1 7.3
4.8 16.0 7.4
Information Pct Chg Year Ago
0.5 5.0
0.5 0.5
0.5 -0.9
0.5 2.6
0.5 0.5
0.5 1.6
0.5 1.3
0.5 -1.0
0.5 0.4
0.5 1.9
0.5 5.0
0.5 7.1
0.6 7.1
Financial Activities Pct Chg Year Ago
3.8 0.5
3.9 3.8
3.9 4.1
3.9 2.9
4.0 3.7
4.0 2.9
4.0 1.6
4.0 1.9
4.0 1.4
4.1 2.5
4.1 2.5
4.1 2.6
4.1 2.3
Prof & Business Services Pct Chg Year Ago
10.2 0.1
10.2 2.7
10.4 4.0
10.4 1.9
10.5 3.5
10.5 2.2
10.5 1.2
10.5 1.1
10.6 1.2
10.7 2.1
10.7 2.1
10.8 2.1
10.8 1.3
Educ & Health Services Pct Chg Year Ago
18.9 2.5
19.1 3.9
19.3 5.0
19.4 4.3
19.5 3.4
19.6 2.6
19.7 2.1
19.9 2.7
20.1 3.3
20.3 3.7
20.5 3.8
20.6 3.6
20.8 3.1
Leisure & Hospitality Pct Chg Year Ago
13.0 10.5
13.7 9.7
13.9 12.0
14.5 20.6
14.6 12.2
15.0 9.9
15.3 10.1
15.3 5.7
15.3 4.5
15.3 2.2
15.3 0.0
15.4 0.1
15.3 0.3
Other Services Pct Chg Year Ago
3.2 11.8
3.2 13.3
3.4 13.8
3.4 12.3
3.4 8.4
3.4 5.1
3.4 2.9
3.5 3.2
3.5 3.8
3.6 5.8
3.7 6.5
3.7 6.8
3.8 6.5
0.8 1.1
0.8 2.9
0.8 13.2
0.8 0.4
0.8 0.2
0.8 -0.4
0.8 -1.1
0.8 -1.6
0.8 -2.0
0.8 -2.1
0.8 -2.1
0.8 -2.1
0.8 -1.5
13.4 -4.2
13.5 -1.2
13.6 0.5
13.7 2.6
13.8 3.3
13.9 3.0
14.0 2.8
14.0 2.5
14.1 2.0
14.1 1.6
14.2 1.2
14.2 1.1
14.2 1.0
Population (Ths) Pct Chg Year Ago
392.2 2.1
394.0 1.9
395.8 1.8
397.4 1.8
398.9 1.7
400.8 1.7
402.5 1.7
403.8 1.6
405.1 1.5
406.4 1.4
407.7 1.3
409.0 1.3
410.2 1.3
Labor Force (Ths) Pct Chg Year Ago
147.6 2.8
149.0 2.2
149.9 2.5
150.4 3.1
150.5 2.0
150.5 1.0
150.8 0.6
151.0 0.4
150.8 0.2
150.7 0.1
150.6 -0.2
150.5 -0.3
150.7 -0.1
Construction & Mining Pct Chg Year Ago
Federal Government Pct Chg Year Ago State & Local Government Pct Chg Year Ago Other Economic Indicators
Unemployment Rate (%) Total Housing Starts Single-Family Multifamily
4.8
4.7
4.5
4.4
4.3
4.3
4.3
4.4
4.4
4.5
4.5
4.4
4.5
6389.1 5675.7 713.4
5565.8 5028.8 537.0
5089.1 4604.3 484.8
4610.0 4244.8 365.2
4195.2 3904.3 290.9
3902.0 3657.3 244.7
3729.8 3525.2 204.6
3617.0 3422.3 194.7
3537.0 3340.6 196.4
3487.8 3292.2 195.5
3467.8 3274.0 193.8
3443.0 3246.9 196.1
3435.3 3243.0 192.3
Institute for Economic Forecasting
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