1. 1 Valdosta-Lowndes 2010 Economic Survey prepared by Illuminomics for Valdosta-Lowndes Chamber of Commerce Regional Wage and Employment Trends A Comparative Analysis 1990-2009 The following analysis was performed by Illuminomics with the support of the Valdosta-Lowndes Chamber of Commerce. All data contained in this analysis is taken directly from the most authoritative local, state and nationally recognized sources, using the most currently available data sets. To ensure data accuracy and integrity, no multipliers were used in any calculations and all non-confidential data can be independently verified from public sources. Chris Miller CEO Illuminomics Myrna Ballard President Chamber of Commerce ReKasa Deen Chamber of Commerce Dec 22nd 2010 v1.3 Illuminomics | PO Box 10754, Savannah, GA 31412 | 912-484-7192 | www.illuminomics.com

2. 2 NAICSKBB+ Sector Description Information Technology 511--Publishing industries (including software) 512-- Motion picture and sound recording industries 515-- Broadcasting, except Internet 516-- Internet publishing and broadcasting 517-- Telecommunications 518-- Data processing, hosting and related services 519-- Other information services Environmental Technology 541-- Professional, technical & design services 551-- Management of companies and enterprises Medical Services & Support (listed separately as “Health Care”) 621-- Ambulatory health care services (physicians, dentists, labs, etc) 622-- Hospitals Targeted Business Expansion Sectors ** North American Industrial Classification System (NAICS) codes provide a 1 to 5 digit classification number to describe various types of economic activity. TBEC and TBEC+ are composites of the above 3 digit NAICS codes.

3. 3 Valdosta MSA, 2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Economic Sector Size by Jobs KBB

4. 4 Valdosta MSA, 2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Economic Sector Size by Wages KBB

5. 5 Valdosta MSA, 2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Economic Sector Size by Wages vs. Jobs KBB

6. 6 Valdosta MSA, 2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Average Wages by Sector KBB

7. 7 Valdosta MSA, 2001-2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Economic Change - short term KBB

8. 8 Valdosta MSA, 2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Average Wages by Sector KBB

9. 9 Valdosta MSA, 1992-2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Economic Change - long term KBB

10. 10 Valdosta MSA, 1992-2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Short vs. Long Term Economic Change KBB

11. 11 Valdosta MSA, 1993-2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Significant Job Trends - long term KBB+

12. 12 Valdosta MSA, 2002-2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Significant Job Trends - short term KBB

13. 13 various MSA’s, 2001-2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data KBB Sector Size and Growth Comparisons KBB Sector % Share & Change in Jobs KBB Sector Share of All Jobs (2009) KBB Change in Number of Jobs (2001-2009)

14. 14 Valdosta MSA, 1992-2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data KBB Sector Trend Breakdown KBB+ Job Growth comparison between KBB Sectors.

15. 15 Valdosta MSA, 1992-2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data KBB Growth Trend Comparisons - long term Job Growth in KBB, KBB+ and All Industries. KBB+ KKB

16. 16 Valdosta MSA, 2001-2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data KKB Growth Trend Comparisons - short term KKB KBB+ Jobs (27.1%)

17. 17 various MSA’s, 1990-2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Average Wage Comparison - long term US

18. 18 various MSA’s, 2001-2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Average Wage Comparison - short term US

19. 19 various MSA’s, 1990-2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Average Wage Comparison - long term GA

20. 20 various MSA’s, 2001-2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Average Wage Comparison - short term GA

21. 21 various MSA’s, 2005-2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Percent of Salary Spent on Housing US

22. 22 various MSA’s, 2005-2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Percent of Salary Spent on Housing GA

23. 23 various MSA’s, 2006-2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data 3 Year Employment Trends

24. 24 Valdosta MSA, 2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Economic Impact Ranked by Total Wages KBB + KBB

25. 25 Valdosta MSA, 2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Economic Impact Ranked by Average Wage KBB

26. 26 Valdosta MSA, 2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data KBB Job Loss / Gain Comparisons KBB

27. 27 Valdosta MSA, 2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data KBB Job Growth Comparisons % KBB above/below overall growth KBB

28. 28 Valdosta MSA, 2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data KBB Job Growth Comparisons KBB

29. 29 Valdosta MSA, 2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Valdosta Average Wage Growth

30. 30 Valdosta MSA, 2009 SOURCE: Bureau of Labor Statistics - Quarterly Census of Employment and Wages - www.bls.gov/data Valdosta Average Wage Growth

31. 31 About the Data In This Analysis Illuminomics used data for its analysis from the most authoritative sources: The Georgia Department of Labor, U.S. Bureau of Labor Statistics, the U.S. Department of Labor and the U.S. Census Bureau. To obtain private disaggregate wage and employment data, Illuminomics and the Valdosta-Lowndes Chamber signed a confidentiality agreement with the Georgia Department of Labor to protect individual company data concerning employment and wages, especially in circumstances when only a few companies reside in a specific sector. Therefore, there are times when the public data and the privately aggregated data differ. In those circumstances, the privately aggregated data contained in this report is the more accurate. Moreover, the Georgia Department of Labor constantly revises its historical data sets. Those revisions are not always released to the public. Illuminomics, however, has access to those revisions and has incorporated them into this analysis. In some cases that may cause public and privately aggregated data to differ ever so slightly, with this analysis often more accurate than what would be available to the general public. Finally, care should be taken when comparing two data sets representing the same information. Those data sets may differ in locality (MSA vs. County), time period (month vs. quarter); interval time-length and industry control (private vs. public sector). Chris Miller cmiller@illuminomics.com A Final Word Illuminomics | PO Box 10754, Savannah, GA 31412 | 912-484-7192 | www.illuminomics.com