The Abilene Economic Index

ECONOMIC INDICATORS *
September/3rd Quarter 2016

BASE YEAR
2000

LAST YEAR
2015

THIS YEAR
2016

% Change
2015 - 2016

Taxable Spending (Per Month Sales Tax Rebate - September)

Taxable Spending (3rd Quarter)
Taxable Spending (Year-To-Date)

$
$
$

116,107,548 $
417,241,668 $
1,257,953,386 $

165,141,867 $
528,045,966 $
1,611,481,620 $

150,384,379
498,090,332
1,530,345,434

-8.9%
-5.7%
-5.0%

Automobile Sales (Dollars Spent on Auto Purchases - September)

Automobile Sales (3rd Quarter)
Automobile Sales (YTD)

$
$
$

21,439,082 $
71,967,953 $
221,768,631 $

34,083,897 $
99,846,640 $
289,450,255 $

31,212,986
95,231,029
283,150,774

-8.4%
-4.6%
-2.2%

Hotel/Motel Spending (September)

Hotel/Motel Spending (3rd Quarter)
Hotel/Motel Spending (YTD)

$
$
$

2,353,873 $
7,399,965 $
21,120,914 $

4,648,566 $
13,681,918 $
36,979,259 $

3,972,272
12,233,890
32,790,272

-14.5%
-10.6%
-11.3%

5,722 $
17,762 $
48,977 $

7,636 $
24,070 $
69,753 $

7,989
23,222
65,593

4.6%
-3.5%
-6.0%

9,450,885 $
41,386,277 $
99,102,213 $

12,125,923 $
49,037,532 $
153,615,058 $

12,163,310
64,733,832
161,108,172

0.3%
32.0%
4.9%

Airline Passenger Enplanements (September)

Airline Passenger Enplanements (3rd Quarter)
Airline Passenger Enplanements (YTD)
Value All Building Permits Issued (September)
Value All Building Permits Issued (3rd Quarter)
Value All Construction (YTD)

$
$
$

Single-Family Housing Permits (June)

Single-Family Housing Permits (2nd Quarter)
Single-Family Housing Permits (YTD)
Number of Home Sales (September)
Number of Home Sales (3rd Quarter)
Number of Home Sales (YTD)

10
33
123

25
76
226

18
69
231

-28.0%
-9.2%
2.2%

97
362
1,013

188
592
1,543

183
581
1,675

-2.7%
-1.9%
8.6%

Average Home Sale Price (September)

Average Home Sale Price (3rd Quarter)
Average Home Sale Price (YTD)

$
$
$

76,098 $
83,440 $
83,236 $

167,280 $
173,176 $
165,426 $

158,841
172,700
172,293

-5.0%
-0.3%
4.2%

Total Dollar Volume of Residential Real Estate Sales (September)

Total Dollar Volume of Residential Real Estate Sales (3rd Quarter)
Total Dollar Volume of Residential Real Estate Sales (YTD)

$
$
$

10,610,546 $
43,541,090 $
122,191,900 $

32,034,012 $
104,609,912 $
261,495,293 $

29,067,902
100,506,354
290,230,858

-9.3%
-3.9%
11.0%

EMPLOYMENT
Wage & Salary Employment (September)
Wage & Salary Employment (3rd Quarter Avg)
Wage & Salary Employment (YTD Avg)
Unemployment Rate (September)
Unemployment Rate (3rd Quarter Avg)
Unemployment Rate (YTD Avg)

ABILENE ECONOMIC INDEX - September

62,500
62,100
62,435

68,300
68,065
68,255

69,400
68,835
68,855

1.6%
1.1%
0.9%

4.1
4.3
4.3

3.9
4.0
3.9

4.2
4.2
3.9

7.7%
5.8%
0.0%

100.2

123.6

123.3

(Base = 100.0 January 2000)

* With the exception of the monthly average home sale price, all economic indicators expressed in dollar form above are adjusted for inflation
by restating prior periods in current dollars

-0.2%