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Inland Empire Analysis

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Presentation on theme: "Inland Empire Analysis"— Presentation transcript:

1 Inland Empire Analysis
Manfred Keil Claremont McKenna College

2 Summary Low Unemployment Rate and Strong Growth How Good Does it Feel? What will Make the Inland Empire Great Again?

3 Low Unemployment Rate and Strong Growth

4 Unemployment Rates, U.S., California, and the Inland Empire January 1990 - July 2016

5 Real GDP Growth Rates for the U. S
Real GDP Growth Rates for the U.S., California, and the Inland Empire, 2002 – 2015

6 Percentage Change in Employment, July 2007 – August 2016

7 Manufacturing Employment, Inland Empire, July 2007- July 2016

8 Construction Employment, Inland Empire, July 2007 – August 2016

9 Transportation and Warehousing Employment, Inland Empire, July 2007 – August 2016

10 Percentage Change in the Unemployment Rate and its Decomposition, Aug Aug 2016: IE, Greater Los Angeles, CA, U.S.

11 Contribution to Total Employment Growth by Sector, August 2015 – August 2016
Source: Federal Reserve Economic Data, Bureau of Labor Statistics

12 Percent Change in Employment, Top 10 MSA, August 2015-2016
IE was number 2 last year

13 How Does it Feel?

14 Inland Empire and National Employment to Population Ratio, 1978 - 2014, Seasonally Adjusted
Mention the history of the US prior t to give some context

15 Change in the Per Capita GDP since Recession

16 IE Sectoral Employment Losses and Subsequent Gains, Inland Empire, August 2007 and August 2016
Obamacare Net employment loss, August Sector's Trough Net employment gain, Sector's Trough - August 2016 Employment recovery, Sector's Trough - August 2016

17 CA Sectoral Employment Losses and Subsequent Gains, Inland Empire, August 2007 and August 2016
Mention that the US looks the same Net employment loss, August Sector's Trough Net employment gain, Sector's Trough - August 2016 Employment recovery, Sector's Trough - August 2016

18 Improving the Inland Empire

19 Inland Empire CES and CPS Employment, July 2007 - August 2016, Seasonally Adjusted

20 Commuting Map of the Inland Empire

21 Average Educational Attainment in the Inland Empire
Coastal cities are much higher

22 City Unemployment Rates in the Inland Empire and Distance to Greater Los Angeles/San Diego County Line July 2016

23 City Unemployment Rates in the Inland Empire and Human Capital Index July 2016


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