| Economic Indicators | ||||||||||||||
| April 2004 | April 2003 | May 2004 | May 2003 | June 2004 | June 2003 | July 2004 | July2003 | |||||||
| CITY USE TAX COLLECTIONS BY SIC CODE FOR THE CITY OF NORMAN Source: Oklahoma Tax Commission | $154,913.67 | $83,672.42 | $121,979.24 | $83,096.69 | $80,098.96 | $71,518.12 | $149,154.65 | $92,936.32 | ||||||
| CITY SALES TAX COLLECTIONS BY SIC CODE FOR THE CITY OF NORMAN Source: Oklahoma Tax Commission | $3,491,551.03 | $3,443,756.65 | $3,792,431.55 | $3,346,368.72 | $3,449,616.20 | $3,456,073.53 | $3,591,710.21 | $3,315,006.97 | ||||||
| NORMAN AREA UNEMPLOYMENT STATISTICS Source: U.S. Department of Labor | April 2004 | April 2003 | May 2004 | May 2003 | June 2004 | June 2003 | ||||||||
| Labor Force | 55,242 | 54,152 | 55,554 | 54,875 | 56,900 | 55,487 | ||||||||
| Employment | 53,466 | 51,972 | 53,810 | 52,072 | 54,445 | 52,541 | ||||||||
| Unemployment | 1,776 | 2,180 | 1,744 | 2,803 | 2,455 | 2,946 | ||||||||
| Unemployment Rate | 3.20% | 4.00% | 3.10% | 5.10% | 4.30% | 5.30% | ||||||||
| CONSTRUCTION ACTIVITY SUMMARY | April 2004 | April 2003 | May 2004 | May 2003 | June 2004 | June 2003 | July 2004 | July 2003 | YTD 2004 | YTD 2003 | ||||
| Source: City of Norman | ||||||||||||||
| New Single Family: | ||||||||||||||
| Number of Permits | 67 | 50 | 58 | 67 | 53 | 54 | 55 | 69 | 388 | 292 | ||||
| Total Construction Value | $11,181,813.00 | $6,791,486.00 | $9,245,270.00 | $8,765,137.00 | $7,996,874.00 | $7,296,787.00 | $9,200,853.00 | $10,486,806.00 | $55,108,961.00 | $40,201,320.00 | ||||
| Avg. Construction Value | $166,892.73 | $135,829.72 | $159,401.21 | $130,822.94 | $150,884.42 | $135,125.69 | $167,288.24 | $151,982.70 | $1.65,492.38 | $137,675.75 | ||||
| New Non-Residential: | ||||||||||||||
| Number of Permits | 10 | 1 | 11 | 8 | 14 | 8 | 13 | 6 | 73 | 34 | ||||
| Total Construction Value | $5,805,800.00 | $232,238.00 | $5,676,289.00 | $8,640,167.00 | $876,075.00 | $3,875,200.00 | $1,404,800.00 | $1,111,400.00 | $16,697,934 | $19,882,905.00 | ||||
| Avg. Construction Value | $580,580.00 | $232,238.00 | $516,026.27 | $1,080,020.88 | $62,576.79 | $484,400.00 | $108,061.54 | $185,233.33 | $228,738.82 | $584,791.32 | ||||
| Cleveland County Non-Farm Wages * | 2003 3rd Quarter Jan., Feb., March | 2003 2nd Quarter Oct., Nov. Dec. | 2003 1st Quarter July, Aug. Sept. | 2002 4th Quarter April, May, June | ||||||||||
| Source: Oklahoma Employment Security Commission | 404,150,361 | 412,838,574 | 394,978,905.00 | $423,235,636 | ||||||||||
| * Non-Farm Wages was calculated by subtracting the agriculture, forestry, fishing and hunting wages from total wages. | ||||||||||||||