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Economy Track

EMPLOYMENT
-Total non-farm
jobs (000) May 531.4 524.5 1.3 525.0 1.2
-Construction May 16.4 14.7 11.6 16.3 0.6
-Finance, insurance,
real estate May 23.2 23.0 0.9 23.3 -0.4
-Government May 80.2 79.9 0.4 79.7 0.6
-Manufacturing May 126.8 126.3 0.4 127.0 -0.2
-Services May 154.9 153.0 1.2 150.8 2.7
-Transportation
and utilities May 17.2 17.0 1.2 16.8 2.4
-Wholesale and
retail trade May 112.1 109.9 2.0 110.4 1.5
-Average production
hours worked May 43.6 42.4 2.8 42.8 1.9
-Average weekly production
earnings May $632.64 $610.14 3.7 $611.18 3.5
-Monthly
want-ad index April 74 80 -7.5 67 10.4
-Initial unemployment
claims May 327 541 -39.6 407 -19.7

Unemployment rate by area (%):

-Rochester metro May 4.2 4.0 5.0 4.5 -6.7
-Genesee County May 4.8 5.3 -9.4 5.6 -14.3
-Livingston County May 5.9 5.9 0.0 5.4 9.3
-Monroe County May 3.7 3.3 12.1 4.0 -7.5
-Ontario County May 4.6 4.7 -2.1 4.9 -6.1
-Orleans County May 5.4 5.8 -6.9 6.6 -18.2
-Wayne County May 5.7 5.4 5.6 5.8 -1.7

BUSINESS AND FINANCE
-New corporation
filings June 3-7 30 16 87.5 23 30.4
-Bankrupcy filings: June 18-24 73 86 -15.1 72 1.4
-Chapter 13 June 18-24 8 13 -38.5 11 -27.3
-Chapter 11 June 18-24 2 1 100.0 0 NM
-Chapter 7 June 18-24 63 72 -12.5 61 3.3

BUSINESS CONDITIONS
-Current business conditions:
-Better (%) May 17 38 -55 36 -52.8
-Same (%) May 66 46 43 50 32.0
-Worse(%) May 17 16 6 14 21.4
Inventories:
-Higher(%) May 25 8 212.5 36 -30.6
-Same (%) May 67 79 -15.2 43 55.8
-Lower (%) May 8 13 -38.5 21 -61.9
Three-month forecast:
-Increase(%) May 25 29 -14 36 -30.6
-Stable(%) May 58 67 -13 57 1.8
-Decrease(%) May 17 4 325 7 142.9

UTILITIES

-Non-res.electricity usage
(millions kwh) April 369.7 371.9 -0.6 361.1 2.4
-Non-res.nat.gas usage
(000 therms) April 26,440 32,540 -18.7 25,610 3.2
-Business telephone
lines (000) May 95.4 95.0 0.4 160.4 -40.5

REAL ESTATE AND CONSTRUCTION
-Houses sold: April 707 575 23.0 642 10.1
-Genesee County April 30 26 15.4 31 -3.2
-Livingston County April 28 25 12.0 36 -22.2
-Monroe County April 522 396 31.8 445 17.3
-Ontario County April 64 60 6.7 47 36.2
-Orleans County April 19 25 -24.0 30 -36.7
-Wayne County April 44 43 2.3 53 -17.0

-Median price of
houses sold ($) April $90,000 $83,000 8.4 $84,000 7.1
-Construction contracts
(millions) April $74.8 $60.6 23.4 $63.4 18.0
-Residential April $33.0 $26.6 24.1 $23.8 38.7
-Commercial April $41.8 $34.0 22.9 $39.6 5.6
-Mortgage filings May 3,031 3,241 -6.5 2,283 32.8

RETAIL
-Sales tax distributions
($000): May $28,687 $29,229 -1.9 $25,928 10.6
-Genesee County May $1,063 $1,038 2.4 $962 10.5
-Livingston County May $279 $829 -66.3 $256 9.0
-Monroe County May $23,324 $23,415 -0.4 $21,088 10.6
-Ontario County May $2,001 $1,965 1.8 $1,756 14.0
-Orleans County May $654 $635 3.0 $578 13.1
-Wayne County May $1,366 $1,347 1.4 $1,288 6.1

-New car sales May 4,527 4,346 4.2 4,252 6.5
-Used car sales May 2,283 2,453 -6.9 2,439 -6.4
-consumer price
index May 166.4 162.2 2.6 158.5 5.0

TRANSPORTATION
-Airline passengers May 215,053 233,966 -8.1 203,141 5.9
-Freight (pounds) May 103,964 83,315 24.8 110,287 -5.7

TOURISM
-Convention attendance May 3,026 12,068 -74.9 8,717 -65.3
-Hotel occupancy taxes
collected (000) 1st Quar $688 $725 -5.1 $613 12.2

FOREIGN EXCHANGE ($1.00 U.S)
British pound June 25 0.65 0.65 0.0 0.63 3.2
Canadian dollar June 25 1.36 1.37 -0.7 1.37 -0.7
German mark June 25 1.53 1.51 1.3 1.39 10.1
Japanese yen June 25 108.98 107.74 1.2 84.24 29.4
Mexican peso June 25 7.59 7.54 0.7 6.27 21.1
Swiss franc June 25 1.26 1.25 0.8 1.15 9.6

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