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The 2009 Faulkner County Economic Report

The 2009 Faulkner County Economic Report. 59 th Annual Report. Dr Pat Cantrell. Dean of the college of Business. Giezi Nunez Intern UCA Economics Major Amber Hall Project Specialist Office of Institutional Research. From. Cotton. To. Computers.

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The 2009 Faulkner County Economic Report

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  1. The 2009 Faulkner County Economic Report 59thAnnual Report

  2. Dr Pat Cantrell Dean of the college of Business

  3. Giezi Nunez Intern UCA Economics Major Amber Hall Project Specialist Office of Institutional Research

  4. From Cotton To Computers

  5. Cotton was Faulkner County’s Economy

  6. 1910 Between 14 and 20 Cotton Gins in the County Estimated 33,000 Acres of Cotton Planted 15,130 Bales of Cotton Produced Sale Price Between $75 and $100 per Bale Value of Production Between $1.0 and $1.5 Million

  7. National Economy

  8. Gross Domestic ProductPercent Increase over Previous Year 4.5 4.2 3.7 3.6 2.8 2.5 2.3 2.0 1.6 1.3 0.8 -2.4 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

  9. Comparing 2008-09 GDP to 1981-82(Chained 2005 Dollars)

  10. Unemployment Rate 9.3% 6.0% 5.8% 5.8% 5.5% 5.1% 4.9% 4.7% 4.6% 4.6% 4.5% 4.2% 4.0% 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

  11. 2009 Monthly Unemployment Rate

  12. Average Annual Unemployment Rate

  13. Consumer Price Index (CPI) 3.8% 3.4% 3.4% 3.2% 2.8% 2.8% 2.7% 2.3% 2.2% 1.6% 1.6% -0.4% 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

  14. CPI for All Urban Consumers(Seasonally Adjusted) 2008 2009 -18.4 Energy 13.9 3.2 Medical Care 3.7 1.9 Food 5.4 Other Goods & Services 6.7 3.6 0.4 Housing 3.2 3.0 Education & Communications 3.4 -8.3 Transportation 5.9 Recreation 0.9 1.6 -0.1 1.0 Apparel All Items 3.8  -0.4

  15. Dow Jones Industrial AverageYearend Closing

  16. Family Units Constructed 1532 1133 933 735 760 602 448

  17. Value of Building Permits (In Million Dollars) 199 159 146 141 141 136 120 104 98 87 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

  18. Faulkner County Real Estate Sales(In Million of Dollars) 529 504 489 432 348 347 312 278 262 257 221 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

  19. Population of Conway and Faulkner County

  20. Cost of Living Comparison

  21. 2008 Violent and Property Crimesper Thousand Population

  22. Conway CorporationRevenues, Capital Expenditures and Number of Customers

  23. Faulkner County Sales Tax Collections Conway Sales Tax Collections

  24. Estimated Retail Sales for 2010 Conway $1,190,000,577 Faulkner County $1,546,338,200 77% of all Faulkner County Sales Occur in Conway

  25. Conway Advertising and Promotion Tax2% of Hotel and Restaurant Sales 2008 2009 % Change Hotels $349,719 $318,502 -7.1% Restaurant $2,466,032 $2,573,883 +5.4%

  26. Hotel Sales 2008 2009 % Change $17,485,927 $16,248,312 -7.1%

  27. Top Five Hotels by Annual Sales 1. 4. 3. $2,155,681 $1,433,577 2. 5. $1,434,821 $1,609,802 $1,119,822

  28. Restaurant Sales 2008 2009 % Change $124,115,600 $130,787,393 +5.4%

  29. Top Ten Restaurant by Annual Sales 1. 3. 2. Salem $3,694,423 $3,272,989 $3,317,167 4. 6. 5. Oak Street $2,758,667 $3,208,238 $2,538,645 7. 8. 9. Hwy. 65 N. $2,498,141 $2,441,970 $2,515,258 10. $2,316,654

  30. Number of Banking Institutions in Faulkner County and Total Deposits

  31. Market Share of Faulkner County Bank Deposits

  32. Bank Earnings of Institutions Represented in Faulkner County (Year to Date as of June 30)

  33. Faulkner County Motor Vehicle Registration 86,889 84,392 80,745 75,291 78,677 75,869 66,182 70,703 68,269 64,775 51,116 39,001 1990 1995 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

  34. Lifetime Production of Wells byCounty as of September 30, 2009

  35. Fayetteville Shale Production 2009 Monthly Production and Estimated Value

  36. Number of Gas Wells By Severance Tax Rates

  37. Lottery SalesSeptember 28 to February 28

  38. Faulkner County Lottery Vendors

  39. Income from Agricultural Production Sold

  40. www.pulseofconway.com

  41. Any Questions?

  42. Thank You

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