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Blaine County’s Economy in 2011

Blaine County’s Economy in 2011. Sun Valley March 2012. Analytical Framework. Dividend & Interest $. Jobs #. Our Approach Blaine County level analysis State & Local data inputs Calendar Year basis Inflation adjusted $’s. Personal Income. Employ ers #. Taxable Sales $. Wages

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Blaine County’s Economy in 2011

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  1. Blaine County’s Economy in 2011

    Sun Valley March 2012
  2. Analytical Framework Dividend & Interest $ Jobs # Our Approach Blaine County level analysis State & Local data inputs Calendar Year basis Inflation adjusted $’s Personal Income Employ ers # Taxable Sales $ Wages $ Blaine Co. Economy Business Open & Close # Fore-closures Housing $ & # Enplanements # Skier Visit Days Hotel Occupancy %
  3. Headline #1 – Blaine Co.’s Economic Downturn is Bottoming Out According to Taxable Sales Data Taxable Sales for Blaine Co. Taxable Sales ($ millions) % change Source: Idaho Tax Commission
  4. Headline #2 – Largest Blaine Co. Sectors All Showing Signs of Recovery Construction & Housing Lodging & Accommodation Eating & Drinking Grocery Represent $445m or 78% of 2011 Blaine Co. economy All figures in Constant Dollars Source: Idaho Tax Commission
  5. Headline #3 – However, Significant Structural Adjustments in Blaine Co. Economy Over 5 Years % Change Taxable sales 2006 vs. 2011 All figures in Constant Dollars Source: Idaho Tax Commission
  6. Headline #4 – Majority of Retail “Top 10” Also Showing Signs of Improvement Represent $274m or 86% of Blaine Co. retail economy All figures in Constant Dollars Source: Idaho Tax Commission
  7. Headline #5 – However, Significant Retail Top 10 Also Restructured Over the Last 5 Years % Change Taxable sales 2006 vs. 2011 All figures in Constant Dollars Source: Idaho Tax Commission
  8. Headline #6 – Blaine Co. Economy Becoming More Heavily Dependent on Tourism Sectors $899 million Taxable Sales $569 million Taxable Sales Increase from 46% to 60% Tourism Dependent All figures in Constant Dollars Source: Idaho Tax Commission
  9. Next Steps Integrate Housing & Tourism metrics and secure missing County-level data Report at Community Economic Forum on March 15. 5:30 pm Limelight Room Gather more detailed data at City-level and produce individual City Economic Profiles by April Develop methodology to prepare Gross Regional Product (GRP)
  10. Thank You for Your Attention
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