Search

View Article

24

(Rock County, WI) The County's economy continued to demonstrate growth, as reported by today's release of the Q1 2015 Rock Ready Index. Highlights from the Q1 report include the following:

Unemployment Rates, as measured by annual averages, continued to decline. To date, these figures represent the lowest annual rates since the Great Recession. Meanwhile, job postings – which exceeded 20,000 for eight out the last 13 quarters – remained solid.

Average sale prices and the number of residential sales throughout Rock County continued to move upward, as Q1 set a new record. Compared to the same time period in 2014, price points were up by 8.4% and transaction activities were 26% higher.

Sales Tax Collections for the County continued to surge, as Q1 2015 set a new record at $2.75 Million. Compared to the same time periods in 2014 and 2013, these collections were 2% and 9% higher, respectively. 

Energy consumption, as measured by the number of electric meters and total kWh usage, remained strong. The Q1 2015 number of meters on the grid established a new record and business development activities, across various segments of the economy, continue to drive these energy trends upward.

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