|
- The Business Expectation
Indicator (OCBX) made large gains in Q1 and Q2 of 2012 resulting
in a gain of nearly 45 index points from Q4 2011 to Q2 2012. Currently,
the indicator has returned to more conservative levels, rating
at 70.5 for Q4 2012.
- California’s Consumer Sentiment Index experienced consistent increases since
the recession before experiencing drops in Q3 and Q4 of 2011.
For Q1 2013, consumer sentiment has surpassed 2007 levels for
the first time since the recession. The index is at 100.4, well
above indexes of previous quarters. The Current vs. Future Sentiment
Index declined slightly comparing Q3 2012 to Q4 2012, but has
leaped to new highs for Q1 2013, where current sentiment weighed
in at 93.4, and future sentiment reached 108.9.
- John Wayne Airport air travel declined in late 2008 due to cutbacks in personal
travel. Since 2008, air travel has remained consistent in its
peaks and troughs. Overall passenger activity at peak season improved
in summer 2012. For 2013 thus far, passenger rates have declined
from December 2012 to January 2013, and have declined further
from January 2013 to February 2013.
- The Ports of Long Beach and Los Angeles have both seen consistent growth over
2012, steadily nearing 2010 levels of port activity. Though 2012’s
momentum has been positive for port activity, March 2013 showed
a major drop in Los Angeles port activity, with total container
activity dropping by 18% and Long Beach port activity dropping
by 8% from February 2013 to March 2013.
- The number of businesses sold in Orange County for March increased by 49 from
February 2013, a year-over-year increase of 24 businesses comparing
March 2012 with March 2013.
- New car and truck registration rose during Fall 2011 before dropping in February
2012. Q4 2012 ended with a strong rebound year-over-year comparing
2011 to 2012. January 2013 recorded nearly 40% more new vehicle
registrations than last January. Overall, new car and truck registration
is expected to rise 9% in 2013.
- Bankruptcies in Orange County have been increasing to the highest level since
the artificial jump before bankruptcy law changes in 2005; however
they are slowly decreasing since their six year high in March
2011. February 2013 saw a 10% month-over-month decrease compared
to January 2013, and bankruptcy filing rates remain relatively
low overall.
- Office and industrial space vacancy rates have gradually decreased overall, and
currently reside at two-year lows for Q1 2013. As the business
climate improves and construction begins anew, vacancy is forecasted
to continue its decrease.
- Office Asking Rental Rates have continually decreased for Orange County and has
remained flat from Q3 2012 to Q1 2013. Industrial Asking Rental
Rates have jumped slightly in the beginning of 2011 and have since
shot steadily upward from Q2 2012 to Q1 2013.
|
|
 |
|
|
Orange
County Composite Index-- Expansion > 50
The Orange County Composite Index is a measure of the results of surveys
of conditions for manufacturing in Orange County according to Purchasing
Managers. In order to have one single indicator for the performance of
the Orange County
manufacturing sector, the Composite Index that is a weighted average of
the underlying indices. A value of 50 for the Composite Index shows a general
expansion of the manufacturing economy of the county and a value below
50
shows a decline.
Source: Chapman University
Orange
County Business Expectations -- OCBX Survey
The Orange County Business Expectations Survey (OCBX Index) is a measure of future business expectations by Orange County firms at the time of the survey. A value of 50 for the Composite Index shows a general expansion of the manufacturing economy of the county and a value below 50 shows a decline.
Source: Cal State Fullerton
California
Consumer Sentiment
Optimistic: Greater Than 100
This indicator measures consumer sentiment for residents of California.
The California Composite Index is generated based on three indices: consumers’
outlook on current and future economic conditions, and an index measuring
consumers’ spending plan.
Source: Chapman University
http://www.chapman.edu/images/userImages/cwilliam/Page_4388/CSResults_2010Q1.pdf
California
Consumer Sentiment Regarding Current and Future Conditions
California Consumer Sentiment Index
Optimistic: Greater Than 100
This indicator measures consumer sentiment for residents of California.
The California Index measures consumers’ outlook on current and future economic
conditions.
Source: Chapman University
John
Wayne Airport Passenger Count
This indicator shows the total number of passenger boardings at John Wayne
Airport by month.
Source: John Wayne Airport at
http://www.ocair.com/newsandfacts/airportstatistics.htm
John
Wayne Airport Air Cargo Tons 2006-2013
This indicator shows the total tonnage of air cargo at John Wayne Airport
by month.
Source: John Wayne Airport at
http://www.ocair.com/newsandfacts/airportstatistics.htm
John
Wayne Airport Total Air Operations 2006-2013
This indicator shows the total number of tower operations (take-offs and
landings) at John Wayne Airport by month.
Source: John Wayne Airport at
http://www.ocair.com/newsandfacts/airportstatistics.htm
Total
Containers at the Ports of Long Beach and Los Angeles 2007-2013
This indicator shows the total number of TEUs (20-foot-equivalent unit
or 20-foot-long cargo container) loaded inbound, loaded outbound and empties
at the Ports of Long Beach and Los Angeles.
Source: Port of Long Beach at http://www.polb.com/economics/stats/teus_archive.asp
and
Port of Los Angeles at http://www.portoflosangeles.org/maritime/stats.asp
Port
of Long Beach by Type of Container
This indicator shows the total number of TEUs (20-foot-equivalent unit
or 20-foot-long cargo container) itemized by containers loaded inbound, containers
loaded outbound and empty containers at the Port of Long Beach.
Source: Port of Long Beach at http://www.polb.com/economics/stats/teus_archive.asp
Port
of Los Angeles By Type
This indicator shows the total number of TEUs (20-foot-equivalent unit
or 20-foot-long cargo container) itemized by containers loaded inbound, containers
loaded outbound and empty containers at the Port of Los Angeles.
Source: Port of Los Angeles at http://www.portoflosangeles.org/maritime/stats.asp
Business
Sales 2008-2012 by Region
This indicator compares the number of businesses sold by entrepreneurs
in each region.
Source: BizBen at http://www.bizben.com/stats/stats-monthly-jan.php
Orange
County New Retail Car and Light Truck Registrations
This indicator compares the number of automobiles sold by auto dealers
in Orange County by type of vehicle.
Source: Orange County Auto Dealers Association at
http://ocada.org/wp-content/uploads/2010/03/OC-Covering-4Q-10.pdf
Orange
County Total
Bankruptcies 2006 2012
This indicator compares the number of bankruptcies since 2000 by court
office in the Central District of California.
Source: United States Bankruptcy Court at
http://www.cacb.uscourts.gov/
Fictitious
Name Filing 2005-2012
This indicator compares the number of fictitious name filings in Orange
County since 2005 as recorded by the Orange County Clerk-Recorder Office.
Source: Orange County Clerk Recorder
California
Manufacturing Purchasing Managers Composite Index
The California Manufacturing Purchasing Managers Composite Index is a measure
of the results of surveys of California manufacturing purchasing managers.
In order to have one single indicator for the performance of the California
manufacturing sector, the Composite Index that is a weighted average of the
underlying indices. A value of 50 for the Composite Index shows a general
expansion of the manufacturing economy of the state and a value below 50 shows
a decline. The industries are classified according to the North American Industry
Classification System (NAICS).
Source: Chapman University
http://www.chapman.edu/images/userImages/cwilliam/Page_4388/PM_CAOCResults_2010I.pdf
California
Indices for Industry Groups
The California Manufacturing Purchasing Managers Composite Index is a measure
of the results of surveys of California manufacturing purchasing managers.
This chart shows three industry sectors over time. A value of 50 for the Composite
Index shows a general expansion of the manufacturing economy of the state
and a value below 50 shows a decline. The industries are classified according
to the North American Industry Classification System (NAICS).
Source: Chapman University
California
Manufacturing Purchasing Managers Production Index
The California Manufacturing Purchasing Managers Production Index is a
measure of the results of surveys of California manufacturing purchasing managers.
This chart shows the Production Index over time. A value of 50 for the index
shows a general expansion of the manufacturing economy of the state and a
value below 50 shows a decline. The industries are classified according to
the North American Industry Classification System (NAICS).
Source: Chapman University
http://www.chapman.edu/images/userImages/cwilliam/Page_4388/PM_CAOCResults_2010I.pdf
California
Manufacturing Purchasing Managers Employment Index
The California Manufacturing Purchasing Managers Employment Index is a
measure of the results of surveys of California manufacturing purchasing managers.
This chart shows the Employment Index over time. A value of 50 for the index
shows a general expansion of the manufacturing economy of the state and a
value below 50 shows a decline. The industries are classified according to
the North American Industry Classification System (NAICS).
Source: Chapman University
California
Manufacturing Purchasing Managers New Orders Index
The California Manufacturing Purchasing Managers Employment Index is a
measure of the results of surveys of California manufacturing purchasing managers.
This chart shows the New Orders Index over time. A value of 50 for the index
shows a general expansion of the manufacturing economy of the state and a
value below 50 shows a decline. The industries are classified according to
the North American Industry Classification System (NAICS).
Source: Chapman University
California
Manufacturing Purchasing Managers Commodity Price Index
The California Manufacturing Purchasing Managers Employment Index is a
measure of the results of surveys of California manufacturing purchasing managers.
This chart shows the Commodity Price Index over time. A value of 50 for the
index shows a general expansion of the manufacturing economy of the state
and a value below 50 shows a decline. The industries are classified according
to the North American Industry Classification System (NAICS).
Source: Chapman University
http://www.chapman.edu/images/userImages/cwilliam/Page_4388/PM_CAOCResults_2010I.pdf
Orange
County Office Vacancy Rate
Grubb and Ellis measures the vacancy rate of properties in Orange County
on a quarterly basis showing the percentage of properties lacking a current
tenant.
Source: Grubb & Ellis
http://grubb-ellis.com/Research/Reports.aspx
US
Office Vacancy Rate
Grubb and Ellis measures the vacancy rate of properties for the United
States on a quarterly basis showing the percentage of properties lacking a
current tenant.
Source: Grubb & Ellis
http://grubb-ellis.com/Research/Reports.aspx
Orange
County Office Completion vs. Absorption
Grubb and Ellis measures the completion and absorption of square footage
of space by new tenants over time.
Source: Grubb & Ellis
http://grubb-ellis.com/Research/Reports.aspx
Orange
County Indstrial Asking Rents
Grubb and Ellis measures the rents requested by owners of office space
over time. Class A properties are typically high rise facilities while Class
B properties are single-story or smaller facilities.
Source: Grubb & Ellis
http://grubb-ellis.com/Research/Reports.aspx
Orange
County Industrial Vacancy Rate
Grubb and Ellis measures the vacancy rate of properties in Orange County
on a quarterly basis showing the percentage of properties lacking a current
tenant.
Source: Grubb & Ellis
http://grubb-ellis.com/Research/Reports.aspx
US
Industrial Vacancy Rate
Grubb and Ellis measures the vacancy rate of properties for the United
States on a quarterly basis showing the percentage of properties lacking a
current tenant.
Source: Grubb & Ellis
http://grubb-ellis.com/Research/Reports.aspx
Orange
County Industrial Completion vs. Absorption
Grubb and Ellis measures the completion and absorption of square footage
of space by new tenants over time.
Source: Grubb & Ellis
http://grubb-ellis.com/Research/Reports.aspx
Orange
County Industrial Asking Rents
Grubb and Ellis measures the rents requested by owners of industrial space
over time. General Industrial space is space that can be used for manufacturing
processes. R&D/Flex
space is space that has more amenities and can be used for R&D purposes as well as be flexible for modified office usage if desired. Warehouse/Distribution
space is space that can be used for the storage and warehousing of goods.
Source: Grubb & Ellis
http://grubb-ellis.com/Research/Reports.aspx
|
 |
|
