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Sacramento : Industrial Snapshot - 1Q 2013

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Sacramento : Industrial Snapshot - 1Q 2013

As the Sacramento economy continues to improve, the local unemployment rate ticks down, ending first quarter 2013 at 9.2% according to the California Employment Development Department. This drop represents a significant improvement over a year ago when the unemployment rate was 11.1%. Employment in Sacramento grew by 1.7% first quarter 2013, with the manufacturing sector expanding 5.5% and trade, transportation and utilities sector growing by 4.0%; both helping to offset the loss of 1,700 government jobs over the same period.

Source : Cushman & Wakefield

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