Search

View Article

27

(Rick County, WI) (Rock County, WI) The County's economy continued to demonstrate growth, as reported by today's release of the Q2 2015 Rock Ready Index. Highlights from the Q2 report include the following:

Unemployment Rates, as measured by annual averages, continued to decline. To date, these figures represent the lowest annual average rates since 2007 - for the county, state and nation. Meanwhile, job postings – which have exceeded 20,000 for nine out the last 14 quarters – continued to signal an active employment market.

Average sale prices and the number of residential sales throughout Rock County continued to track upward, as Q2 2015’s price points were the highest in seven years. Transactions were equally strong, posting the best quarterly numbers in eight years. 

Sales Tax Collections for the County continued to rise, as Q2 2015 set a new record at $3 Million. Compared to the same time periods in 2014 and 2013, these collections were nearly 9% and over 23% higher, respectively. 

Energy consumption, as measured by the number of electric meters and total kWh usage, remained strong. When comparing these figures to previous quarterly data, the impacts of weather or seasonality are evident.

The Rock Ready Index (RRI) is a quarterly economic development dashboard compiled and distributed by the Rock County Development Alliance. The RRI covers four topical areas: Workforce (Job Postings and Unemployment Rates), Real Estate (Residential, Commercial or Industrial) Trends, Sales (Tax Collection) Activities and Energy Consumption (Meters & Usage). Each Index also includes a Project Profile section, which highlights project specific news during a given quarter.

For additional information, visit www.RockCountyAlliance.com . 

Actions: E-mail | Permalink |

Post Rating

  |  Login