Sacramento Forecast Project	Butte County/Chico-Paradise Metropolitan Statistical Area Economic Forecast	California State University, Sacramento
	revised January, 2009
Unemployment | Taxable Sales | Building Permits | Data Tables | Resources | back to SFP Page

Employment

Job growth in Butte County continued positive in 2008 with an 0.94% (700 job) increase. The forecast for 2009, based on actual data through December, 2008, is for a 0.7% (600 job) decline.

Unemployment

The annual average Unemployment Rate for 2008 was 8.4%, up from the 2007 rate of 6.7%. The forecast for 2009, based on actual data through December, 2008, is for another increase to 8.8%.

Taxable Sales

Taxable Sales for all Outlets, declined at a -1.7% rate in 2007, down from the 5.5% increase in 2006. The forecast for 2008, based on actual results through the 4th quarter, 2007, is for a smaller 0.5% decrease, followed by a similar 0.8% decrease in 2009.

Building Permits

Residential Building Permits activity in 2008 declined by another 37.3%, or 324 fewer permits issued than in 2007. There were 544 residential building permits issued in 2008, so the building activity does continue. The forecast for 2009, based on actual data through December, 2008, is for a small increase of 3.9% to 565 residential permits for the year. The forecast for 2009 is a change from the bad news of the last several years.

Data Tables

The Sacramento Forecast Project maintains files for these variables and the supporting variables for Butte County/Chico-Paradise Metropolitan Statistical Area, in Excel format, that can be made available on request.

Resources

For information about Butte County, try: ButteCounty.Com Butte County Association of Governments City of Chico Chico Chamber of Commerce California State University, Chico. The State of California maintains: County Snapshot of Butte County from Employment Development Department. County Profiles from the Department of Finance. Data Providers: California Department of Finance California Employment Development Department, Labor Market Information Division California State Board of Equalization

Back to Sacramento Forecast Project Update: January, 2009 Next Revision: July, 2009 URL: http://www.csus.edu/indiv/j/jensena/sfp/sa11/chi/but/butte.htm Arthur N. Jensen, Emeritus Professor of Marketing e-mail to: jensena@csus.edu California State University, Sacramento Disclaimer: Professor Arthur N. Jensen takes full responsibility for the information posted. The information on this page represents that of Professor Arthur N. Jensen and not that of California State University, Sacramento. [as required in PM BA 96-13 Policy on CSUSInfo World Wide Web]