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Economy Track

EMPLOYMENT
-Total non-farm
jobs (000) December 524.1 528.1 -0.8 522.5 0.3
-Construction December 16.0 17.1 -6.4 16.1 -0.6
-Finance, insurance,
real estate December 23.9 24.1 -0.8 23.9 0.0
-Government December 80.3 81.2 -1.1 78.6 2.2
-Manufacturing December 122.9 124.8 -1.5 127.8 -3.8
-Services December 149.4 150.3 -0.6 143.9 3.8
-Transportation
and utilities December 16.0 16.0 0.0 16.9 -5.3
-Wholesale and
retail trade December 114.9 113.8 1.0 114.4 0.4
-Average production
hours worked December 40.3 42.9 -6.1 43.2 -6.7
-Average weekly production
earnings December $608.02 $605.32 0.4 $600.91 1.2
-Monthly
want-ad index December 73 69 5.8 66 10.6
-Initial unemployment
claims December 667 537 24.2 692 -3.6

Unemployment rate by area (%):

-Rochester metro December 4.0 4.3 -7.0 4.6 -13.0
-Genesee County December 5.6 5.8 -3.4 7 -20.0
-Livingston County December 5.1 4.6 10.9 6 -15.0
-Monroe County December 3.6 4.1 -12.2 4 -10.0
-Ontario County December 4.5 4.2 7.1 5.3 -15.1
-Orleans County December 5.4 4.8 12.5 6.9 -21.7
-Wayne County December 4.8 4.5 6.7 5.6 -14.3

BUSINESS AND FINANCE
-New corporation
filings Jan 23-2 24 28 -14.3 34 -29.4

-Bankrupcy filings: Feb. 1-7 54 38 42.1 49 10.2
-Chapter 13 Feb. 1-7 8 9 -11.1 13 -38.5
-Chapter 11 Feb. 1-7 1 0 NM 0 NM
-Chapter 7 Feb. 1-7 45 29 55.2 36 25.0

BUSINESS CONDITIONS
-Current business conditions:
-Better (%) December 43 29 48.3 64 -32.8
-Same (%) December 57 59 -3.4 36 58.3
-Worse(%) December 0 12 -100.0 0 NM
Inventories:
-Higher(%) December 36 24 50.0 36 0.0
-Same (%) December 50 70 -28.6 54 -7.4
-Lower (%) December 14 6 133.3 10 40.0
Three-month forecast:
-Increase(%) December 21 24 -12.5 26 -19.2
-Stable(%) December 71 64 10.9 64 10.9
-Decrease(%) December 8 12 -33.3 10 -20.0

UTILITIES

-Non-res.electricity usage
(millions kwh) December 368.1 353.9 4.0 361.4 1.9
-Non-res.nat.gas usage
(000 therms) December 20,160 23,550 -14.4 47,065 -57.2
-Business telephone
lines (000) December 89.9 89.6 0.3 143.6 -37.4

REAL ESTATE AND CONSTRUCTION
-Houses sold: December 765 811 -5.7 807 -5.2
-Genesee County December 25 36 -30.6 40 -37.5
-Livingston County December 59 47 25.5 42 40.5
-Monroe County December 524 592 -11.5 563 -6.9
-Ontario County December 64 56 14.3 82 -22.0
-Orleans County December 33 28 17.9 14 135.7
-Wayne County December 60 52 15.4 66 -9.1

-Average price of
houses sold ($) December 97,779 97,113 0.7 93,538 4.5
-Construction contracts
(millions) December 58.3 63.7 -8.5 51.9 12.3
-Residential December 25.0 19.5 28.2 28.4 -12.0
-Commercial December 33.3 44.2 -24.7 23.5 41.7
-Mortgage filings December 2,002 2,096 -4.5 5,429 -63.1

RETAIL
-Sales tax distributions
($000): December 40,570 27,617 46.9 40,486 0.2
-Genesee County December 1,666 1,536 8.5 1,042 59.9
-Livingston County December 1,456 1,235 17.9 1,694 -14.0
-Monroe County December 31,275 21,257 47.1 31,919 -2.0
-Ontario County December 3,044 1,807 68.5 2,728 11.6
-Orleans County December 1,014 535 89.5 973 4.2
-Wayne County December 2,115 1,247 69.6 2,130 -0.7

-New car sales December 2,796 3,197 -12.5 2,529 10.6
-Used car sales December 1,466 2,224 -34.1 1,304 12.4
-consumer price
index December 154.0 156.7 -1.7 152.7 0.9

TRANSPORTATION
-Self-serve unleaded gasoline
(gallon) Jan. 1-1 $1.22 $1.24 -1.6 $1.13 8.0
-Airline passengers December 206,083 212,343 -2.9 184,997 11.4
-Freight (pounds) December 100,736 137,815 -26.9 122,064 -17.5

TOURISM
-Convention attendance December 600 11,750 NA NA NA
-Hotel occupancy taxes
collected (000) 3rd quar 844 794 6.3 856 -1.4

FOREIGN EXCHANGE ($1.00 U.S)
-British pound Jan. 31 0.64 0.63 1.6 0.68 -5.9
-Canadian dollar Jan. 31 1.4 1.41 -0.7 1.34 4.5
-German mark Jan. 31 1.54 1.52 1.3 1.77 -13.0
-Japonese yen Jan. 31 99.45 99.6 -0.2 108.75 -8.6
-Swiss franc Jan. 31 1.3 1.29 0.8 1.48 -12.2

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