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North Bay : Industrial Snapshot - Q2 2014

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The unemployment rate in the four-county  North Bay region (Marin, Sonoma, Napa, and  Solano Counties) ended June at 5.1%,  according to the California Employment  Development Department, down 200 basis  points (bps) from 7.1% recorded one year ago. During the last 12 months, industrial sectors experienced moderate growth with manufacturing leading the way by creating 1,400 new jobs for a 3.5% growth rate. Approximately 400 new construction jobs were added for a 2.2% growth rate, and the trade, transportation & utilities sector added 1,000 new jobs, an increase of 1.9%.

Source : Cushman & Wakefield

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