Market Beat

Orange County : Industrial Snapshot - Q1 2014

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According to the California Employment Development Department, 31,000 jobs were added in Orange County in the past 12 months, an increase of 2.2%. The construction sector added 8,600 jobs, trade/transportation and utilities grew by 2,900 jobs, while manufacturing lost 800 jobs.
The unemployment rate in Orange County was 5.8% in February 2014, unchanged from a revised 5.8% in January, and below the year ago estimates of 6.6%. This compares with an unadjusted unemployment rate of 8.5% for California and 7.0% for the nation during the same period. Total trade volume at the Ports of Los Angeles and Long Beach increased by 3.1% in first quarter 2014 and import volume was up 4.9%. Total container traffic at the combined ports is projected to expand in 2014 to 15.3 million TEUs, a rise of 4.6%.

Source : Cushman & Wakefield

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Mots-clés : Cushman & Wakefield