Data File: Economic Report of the Hudson Valley 2nd quarter 2010 Employment by Place of Residence 1-3 Non-Farm Employment by Place of Work 4-5 Total U.S. Non-Farm Employment 6-9 CES: Employment by Industry 10-15 Income Maintenance Payments 16-27 Home Sales, Prices, and Permits 28-32 Regional Inflation 33 Sales Tax Collection 34-35 Labor Force, Employment and the Unemployment Rate for Hudson Valley Counties Average Quarterly County 2nd 1st 2009.Q1 - 2010.Q2 4th 3rd 2nd 1st Dec-07 % Change 12-07 and Q2 % Change From Peak Columbia Labor Force Employment Unemployment rate 31,343 29,187 6.90% 30,762 28,244 8.20% 30,967 28,667 7.37% 32,276 29,851 7.50% 31,965 29,597 7.41% 31,108 28,683 7.80% 31,207 29,855 5.90% 0.44% -2.24% 16.95% -2.89% -2.24% -15.85% Dutchess Labor Force Employment Unemployment rate 144,884 134,367 7.27% 143,665 131,949 8.13% 146,000 134,800 7.67% 147,954 136,044 8.07% 147,577 136,569 7.46% 146,743 135,592 7.60% 147,794 142,049 3.90% -1.97% -5.41% 86.41% -2.07% -5.41% -10.58% Greene Labor Force Employment Unemployment rate 24,219 22,300 7.90% 24,522 22,315 9.00% 23,567 21,600 8.47% 24,487 22,478 8.23% 24,015 21,927 8.73% 24,447 22,286 8.80% 24,202 22,970 5.10% 0.07% -2.92% 54.90% -1.24% -2.92% -12.22% Orange Labor Force Employment Unemployment rate 179,513 165,838 7.60% 177,939 162,854 8.47% 179,233 165,300 7.77% 181,788 166,885 8.23% 181,939 167,530 7.93% 180,463 166,333 7.87% 178,558 171,049 4.20% 0.53% -3.05% 80.95% -1.33% -3.05% -10.27% Putnam Labor Force Employment Unemployment rate 54,455 50,962 6.40% 53,890 50,045 7.13% 55,767 52,000 6.63% 57,103 53,163 6.93% 56,634 52,913 6.57% 55,955 52,295 6.57% 56,380 54,534 3.30% -3.41% -6.55% 93.94% -4.64% -6.55% -10.24% Rockland Labor Force Employment Unemployment rate 151,537 141,497 6.63% 149,861 138,950 7.30% 153,567 143,100 6.80% 157,841 146,228 7.37% 156,412 145,541 6.97% 154,145 143,841 6.70% 152,444 146,690 3.80% -0.59% -3.54% 74.47% -3.99% -3.54% -10.04% Sullivan Labor Force Employment Unemployment rate 35,057 32,112 8.40% 34,494 30,969 10.23% 34,867 31,800 8.93% 36,918 33,931 8.10% 35,712 32,646 8.57% 35,016 31,463 9.77% 34,973 32,970 5.60% 0.24% -2.60% 50.00% -5.04% -5.36% -17.89% Ulster Labor Force Employment Unemployment rate 90,759 84,064 7.37% 89,856 82,273 8.47% 90,267 83,367 7.67% 91,748 84,329 8.10% 91,726 84,777 7.74% 90,204 83,017 7.97% 92,391 88,385 4.30% -1.77% -4.89% 71.40% -1.77% -4.89% -12.99% Source: New York State Dept. of Labor Place of Residence Series Compiled by Bureau of Economic Research, School of Management, Marist College 1 9/28/2010 Labor Force, Employment and the Unemployment Rate for Hudson Valley Counties Average Quarterly County 2nd 1st 4th 2009.Q1 - 2010.Q2 3rd 2nd 1st Dec-07 % Change 12-07 and Q2 % Change From Peak Westchester Labor Force Employment Unemployment rate 480,928 449,016 6.63% 477,048 440,932 7.57% 489,967 455,967 6.97% 502,875 465,972 7.33% 498,721 463,784 7.00% 493,624 458,365 7.13% 485,933 467,908 3.70% -1.03% -4.04% 79.19% -4.36% -4.04% -12.42% Lower Hudson Valley Labor Force Employment Unemployment rate 686,920 641,475 6.55% 680,799 629,927 7.33% 699,301 604,267 6.80% 717,819 665,363 7.21% 711,768 662,238 6.85% 703,724 654,501 6.80% 694,757 669,132 3.60% -1.13% -4.13% 81.94% -4.30% -4.13% -10.64% Labor Force Employment 505,775 467,868 501,237 458,604 504,901 465,534 515,171 473,518 512,934 473,045 507,980 467,375 509,125 487,278 -0.66% -3.98% -1.82% -3.98% Putnam-Rockland-Westchester Upper Hudson Valley Unemployment rate 7.57% 8.75% 7.98% 8.04% 7.97% 8.30% 4.83% 56.62% -13.49% Total Hudson Valley Labor Force Employment Unemployment rate 1,192,695 1,109,343 7.23% 1,182,036 1,088,531 8.28% 1,204,202 1,069,801 7.59% 1,232,990 1,138,880 7.63% 1,224,701 1,135,283 7.30% 1,211,704 1,121,876 7.41% 1,203,882 1,156,410 3.94% -0.93% -4.07% 83.50% -3.27% -4.07% -12.68% Albany-Schenectady-Troy Labor Force Employment Unemployment rate 459,219 429,141 6.53% 454,059 419,670 7.57% 449,166 418,200 6.90% 457,547 425,174 7.10% 459,134 427,300 6.93% 456,197 422,844 7.33% 449,812 431,374 4.10% 2.09% -0.52% 59.27% 0.00% -0.52% -13.74% New York City Labor Force Employment Unemployment rate 3,997,692 3,612,210 9.63% 3,976,573 3,570,323 10.20% 4,005,233 3,596,933 10.20% 4,051,400 3,642,200 10.10% 4,003,160 3,658,637 8.60% 3,987,673 3,670,122 7.97% 3,872,009 3,672,236 5.20% 3.25% -1.63% 85.19% -1.33% -1.63% -5.59% New York State Labor Force Employment Unemployment rate 9,687,996 8,880,843 8.30% 9,644,469 8,801,987 8.73% 9,671,133 8,835,267 8.63% 9,820,300 8,964,973 8.99% 9,756,928 8,974,394 8.00% 9,698,652 8,919,843 8.03% 9,536,673 9,087,015 4.70% 1.59% -2.27% 76.60% -1.35% -2.27% -7.68% U.S. (seasonally adjusted) Labor Force Employment Unemployment rate 154,283,000 139,331,333 9.70% 153,530,667 138,626,333 9.70% 153,289,000 138,724,000 9.50% 154,362,333 139,518,000 9.63% 154,912,667 140,591,000 9.27% 153,992,667 141,578,000 8.07% 153,836,000 146,294,000 4.9% 0.29% -4.76% 97.96% -0.41% -4.76% 0.00% Source: New York State Dept. of Labor Place of Residence Series Compiled by Bureau of Economic Research, School of Management, Marist College 2 9/28/2010 Quarter-to-Quarter % Change (from Previous Year) in Employment for the Hudson Valley 2001.Q1-2010.Q2 6.00% 4.00% 2.00% 0.00% -2.00% -4.00% -6.00% -8.00% 2001 2002 2003 2004 Hudson Valley 2005 2006 New York State 3 2007 United States 2008 2009 2010 Total U.S. NonFarm Employees (Seasonally Adjusted in Thousands) Month 2010 2009 2008 2007 2006 2005 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 129,602 129,641 129,849 130,162 130,595 130,470 133,549 132,823 132,070 131,488 131,141 130,637 130,293 130,082 129,857 129,633 129,697 129,547 137,941 137,891 137,858 137,709 137,478 137,285 137,075 136,741 136,283 135,729 135,001 134,328 137,067 137,171 137,410 137,502 137,651 137,706 137,686 137,615 137,667 137,753 137,881 137,951 135,075 135,401 135,705 135,879 135,910 135,979 136,211 136,352 136,452 136,495 136,696 136,873 132,453 132,693 132,835 133,195 133,364 133,610 133,979 134,174 134,237 134,321 134,655 134,813 Average % Change 130,053 -0.65% 130,901 -4.30% 136,777 -0.59% 137,588 1.10% 136,086 1.79% 133,694 1.73% Monthly Changes in LABSTAT Series Report (in Thousands) Period 2010 2009 2008 2007 2006 2005 Jan-Feb Feb-Mar Mar-Apr Apr-May May-Jun Jun-Jul Jul-Aug Aug-Sep Sep-Oct Oct-Nov Nov-Dec Dec-Jan 39 208 313 433 (125) (726) (753) (582) (347) (504) (344) (211) (225) (224) 64 (150) (20) (50) (33) (149) (231) (193) (210) (334) (458) (554) (728) (673) (779) 104 239 92 149 55 (20) (71) 52 86 128 70 (10) 326 304 174 31 69 232 141 100 43 201 177 194 240 142 360 169 246 369 195 63 84 334 158 262 Total Average 868 174 (4,022) (335) (4,392) (366) 874 73 1,992 166 2,622 219 *All numbers have been adjusted for recent changes Source: U.S. Bureau of Labor Statistics Compiled by Bureau of Economic Research, School of Management, Marist College 4 8/14/2010 Month to Month Change in Non-Farm Employment (in thousands) 313 400 208 (125) May-Jun/10 Apr-May/10 Mar-Apr/10 Jan-Feb/10 Feb-Mar/10 39 Dec-Jan/09 Nov-Dec/09 (224) Aug-Sep/09 Sep-Oct/09 Oct-Nov/09 (225) (753) Feb-Mar/ 09 (728) Aug-Sep/08 Sep-Oct/08 Oct-Nov/08 Nov-Dec/08 Dec-Jan/08 Jan-Feb/ 09 (779) (726) Mar-Apr/09 Apr-May/09 May-Jun/09 Jun-Jul/09 Jul-Aug/09 (344) (347) (554) (458) Jul-Aug/08 Jun-Jul/08 Apr-May/08 Mar-Apr/08 Feb-Mar/08 (149) (231) (210) (334) (673) (582) (211) (150) (20) (1,000) (33) 64 200 8/14/2010 5 Source: U.S. Bureau of Labor Statistics Compiled by Bureau of Economic Research, School of Management, Marist College (504) (800) May-Jun/08 (600) (193) (400) Jan-Feb/08 (200) (50) - 433 600 Wage and hours data for Manufacturing workers (NAICS 30) Average Weekly Hours New York City** January February March April May June July August September October November December 2010 41.6 39.3 40.6 40.4 41.0 40.7 2009 39.0 38.2 38.5 38.6 39.3 38.7 38.8 38.2 38.9 39.6 38.9 40.6 2008 37.3 38.5 38.4 38.4 37.4 37.6 37.6 37.1 37.0 38.4 38.4 39.8 2007 38.4 37.9 37.3 39.0 40.6 40.7 40.4 39.4 40.0 39.9 40.4 42.3 2006 35.2 36.2 36.0 35.1 37.2 38.3 35.8 37.2 37.8 37.7 39.2 36.8 2005 37.7 37.7 38.0 38.7 38.4 37.3 35.8 38.9 34.9 35.1 35.4 36.5 2004 35.7 35.6 36.4 34.6 36.4 36.0 34.6 36.2 35.7 37.6 38.1 37.6 2003 38.4 37.4 37.0 36.3 36.9 36.8 36.0 34.6 36.4 36.3 36.3 36.0 New York State** January February March April May June July August September October November December 2010 38.4 38.1 38.8 39.2 39.3 39.5 2009 37.8 38.4 38.4 37.9 38.7 39.6 38.8 39.2 40.1 40.5 40.3 40.7 2008 40.0 40.0 40.2 40.4 39.5 39.4 39.1 39.6 39.3 39.2 39.2 38.6 2007 41.1 39.7 40.3 41.1 41.1 41.3 40.3 41.1 41.3 40.3 41.2 41.3 2006 40.7 41.3 41.7 40.0 41.2 41.5 40.3 41.0 41.5 40.8 41.1 41.8 2005 39.3 39.4 39.2 39.6 39.4 39.1 38.5 39.2 39.9 40.5 40.2 40.4 2004 39.6 39.6 39.7 39.1 39.9 39.6 38.9 39.7 39.5 39.7 40.2 40.5 2003 40.3 40.3 40.3 39.9 40.1 40.0 39.0 38.9 40.2 40.1 40.2 40.4 United States* January February March April May June July August September October November December 2010 39.9 39.7 39.9 40.1 40.5 40.0 2009 39.8 39.5 39.4 39.6 39.4 39.5 39.8 39.8 39.9 40.0 40.5 40.6 2008 41.1 41.1 41.2 41.0 41.0 41.0 41.0 40.9 40.5 40.4 40.3 39.9 2007 40.9 40.9 41.2 41.1 41.1 41.4 41.3 41.4 41.4 2006 40.9 41.0 41.1 41.2 41.1 41.3 41.5 41.3 41.1 41.2 41.0 41.0 2005 40.7 40.6 40.4 40.5 40.4 40.4 40.5 40.6 40.7 41.0 40.8 40.8 2004 41.0 41.0 40.9 40.8 40.4 40.7 40.8 40.9 40.8 40.7 40.5 40.5 2003 40.3 40.4 40.4 40.1 40.2 40.3 40.1 40.2 40.8 40.7 41.2 41.3 41.2 41.3 41.1 Seasonly Adjusted* Not Seasonly Adjusted** 6 Source: Bureau of Labor Statistics Compiled by Bureau of Economic Research, School of Management, Marist College 8/14/2010 Wage and hours data for Manufacturing workers (NAICS 30) Average Hourly Earnings New York City January February March April May June July August September October November December 2010 $15.60 $16.11 $15.99 $15.67 $15.39 $16.20 2009 $16.38 $16.54 $16.90 $16.89 $17.08 $18.44 $16.10 $16.47 $16.29 $16.24 $16.04 $16.30 2008 $15.90 $15.97 $15.94 $15.91 $15.84 $16.15 $16.26 $16.00 $16.33 $16.03 $16.04 $16.38 2007 $15.89 $15.90 $15.74 $15.42 $14.60 $15.00 $14.58 $14.59 $14.93 $14.70 $14.53 $14.65 2006 $15.04 $14.92 $15.58 $15.41 $14.94 $15.00 $15.30 $15.49 $14.92 $15.53 $15.43 $16.55 2005 $15.15 $15.10 $14.93 $15.36 $15.89 $15.92 $15.30 $14.91 $15.25 $15.03 $15.89 $15.33 2004 $13.99 $13.96 $13.93 $14.04 $13.92 $14.51 $14.78 $14.25 $14.27 $14.04 $14.63 $15.06 2003 $13.53 $12.94 $13.68 $13.83 $13.66 $13.66 $14.35 $14.21 $14.37 $13.48 $13.97 $14.08 New York State January February March April May June July August September October November December 2010 $18.48 $18.62 $18.38 $18.24 $18.52 $18.36 2009 $18.09 $18.33 $18.24 $18.51 $18.44 $18.45 $18.65 $18.14 $18.90 $18.69 $18.40 $18.40 2008 $18.10 $18.22 $18.35 $18.49 $18.49 $18.63 $18.68 $18.74 $18.91 $18.93 $18.70 $18.88 2007 $18.33 $18.43 $18.59 $18.68 $18.48 $18.75 $18.57 $18.78 $18.64 $18.24 $18.18 $18.17 2006 $17.74 $18.02 $18.16 $18.40 $18.40 $18.48 $18.32 $18.47 $18.25 $18.37 $18.42 $18.49 2005 $17.76 $17.74 $17.56 $17.77 $17.72 $17.83 $17.55 $17.86 $17.89 $17.62 $17.95 $17.93 2004 $17.17 $17.00 $16.92 $17.20 $17.26 $17.24 $17.14 $17.32 $17.67 $17.33 $17.45 $17.74 2003 $16.79 $16.70 $16.74 $16.69 $16.70 $16.60 $16.56 $16.88 $16.89 $16.71 $16.91 $17.20 United States January February March April May June July August September October November December 2010 $18.42 $18.47 $18.47 $18.48 $18.56 $18.54 2009 $17.99 $18.07 $18.10 $18.11 $18.11 $18.13 $18.28 $18.26 $18.35 $18.35 $18.38 $18.37 2008 $17.49 $17.55 $17.61 $17.62 $17.65 $17.71 $17.78 $17.76 $17.79 $17.86 $17.94 $17.92 2007 $17.02 $17.06 $17.11 $17.20 $17.23 $17.28 $17.30 $17.33 $17.34 $17.34 $17.40 $17.41 2006 $16.71 $16.72 $16.74 $16.78 $16.79 $16.80 $16.80 $16.85 $16.83 $16.88 $16.89 $16.95 2005 $16.38 $16.42 $16.43 $16.48 $16.54 $16.56 $16.58 $16.65 $16.60 $16.71 $16.68 $16.70 2004 $15.94 $15.98 $16.01 $16.07 $16.08 $16.12 $16.16 $16.22 $16.29 $16.27 $16.29 $16.34 2003 $15.58 $15.62 $15.62 $15.63 $15.64 $15.69 $15.69 $15.76 $15.88 $15.81 $15.92 $16.05 Seasonly Adjusted* Not Seasonly Adjusted** 7 Source: Bureau of Labor Statistics Compiled by Bureau of Economic Research, School of Management, Marist College 8/14/2010 Wage and hours data for Manufacturing workers (NAICS 30) Average Weekly Earnings New York City January February March April May June July August September October November December 2010 $648.96 $633.12 $649.19 $633.07 $630.99 $659.34 2009 $638.82 $631.83 $650.65 $651.95 $671.24 $713.63 $624.68 $629.15 $633.68 $643.10 $623.96 $661.78 2008 $593.07 $614.85 $612.10 $610.94 $592.42 $607.24 $611.38 $593.60 $604.21 $615.55 $615.94 $651.92 2007 $610.18 $602.61 $587.10 $601.38 $592.76 $610.50 $589.03 $574.85 $597.20 $586.53 $584.01 $619.70 2006 $529.41 $540.10 $560.88 $540.89 $555.77 $574.50 $547.74 $554.54 $555.02 $587.03 $581.71 $648.76 2005 $571.16 $569.27 $567.34 $594.43 $610.18 $593.82 $547.76 $580.00 $532.23 $527.55 $562.51 $561.08 2004 $499.44 $496.98 $507.05 $485.78 $506.69 $522.36 $511.39 $515.85 $509.44 $527.90 $557.40 $566.26 2003 $519.55 $483.96 $506.16 $502.03 $504.05 $502.69 $516.60 $491.67 $523.07 $489.32 $507.11 $506.88 New York State January February March April May June July August September October November December 2010 $737.35 $737.35 $746.23 $744.19 $750.06 $743.58 2009 $683.80 $703.87 $700.42 $701.53 $713.63 $730.62 $723.62 $711.09 $757.89 $756.95 $741.52 $748.88 2008 $724.00 $728.80 $737.67 $743.30 $730.36 $734.02 $730.39 $742.10 $743.16 $738.27 $733.04 $728.77 2007 $753.36 $731.67 $749.18 $767.75 $759.53 $774.38 $748.37 $771.86 $769.83 $735.07 $749.02 $750.42 2006 $722.02 $744.23 $757.27 $735.60 $758.08 $764.85 $738.30 $757.27 $757.38 $749.50 $756.65 $772.46 2005 $697.97 $698.96 $688.35 $703.69 $698.17 $697.15 $675.68 $700.11 $713.81 $713.61 $721.59 $724.37 2004 $679.93 $673.20 $671.72 $672.52 $688.67 $682.70 $667.75 $687.60 $697.97 $688.00 $701.49 $718.47 2003 $676.64 $673.01 $674.62 $665.93 $669.67 $664.00 $645.84 $656.63 $678.98 $670.07 $679.78 $694.88 United States January February March April May June July August September October November December 2010 $749.88 $738.80 $752.35 $759.94 $767.56 $760.35 2009 $716.00 $713.77 $713.14 $717.16 $713.53 $716.14 $727.54 $726.75 $732.17 $734.00 $750.31 $758.71 2008 $718.84 $721.31 $725.53 $722.42 $723.65 $726.11 $728.98 $726.38 $720.50 $721.54 $722.98 $715.01 2007 $696.12 $697.75 $704.93 $706.92 $708.15 $715.39 $716.22 $715.73 $717.88 $714.41 $718.62 $715.55 2006 $682.62 $684.29 $686.78 $691.10 $689.25 $691.34 $696.37 $695.08 $691.71 $695.46 $692.49 $694.95 2005 $666.67 $666.65 $663.77 $667.44 $668.22 $669.02 $671.49 $675.99 $675.62 $685.11 $680.54 $681.36 2004 $653.54 $655.18 $654.81 $655.66 $659.28 $656.08 $659.33 $663.40 $664.63 $662.19 $659.75 $661.77 2003 $627.87 $626.36 $629.49 $623.64 $628.73 $635.45 $621.32 $633.55 $647.90 $643.47 $655.90 $662.87 Seasonly Adjusted* Not Seasonly Adjusted** 8 Source: Bureau of Labor Statistics Compiled by Bureau of Economic Research, School of Management, Marist College 8/14/2010 Average Weekly Earnings of Manufacturing Workers $775.00 $725.00 NYS Dollars $675.00 $625.00 USA $575.00 ` $525.00 $475.00 NYC $425.00 2003 2004 2005 2006 NYC 2007 NYS 2008 2009 2010 USA Length of Average Work Week for Manufacturing Workers 43 42 USA 41 Hours 40 NYS 39 38 37 NYC 36 35 34 2003 2004 2005 2006 2007 NYC Source: Bureau of Labor Statistics Compiled by Bureau of Economic Research, School of Management, Marist College NYS 2008 2009 2010 USA 8/14/2010 9 Rockland, Westchester, and Putnam Counties: Employment Data by Industry: CES Data Quarterly Data are Averages of Monthly Data (Data in 1000's; Data in red are near-term lows) Total Nonfarm Total Private Total Government Federal Government State Government Local Government Local Government Education Goods Producing Service-Providing Private Service-Providing Public Service-Providing Manufacturing Trade, Transportation, and Utilities Wholesale Trade Transportation and Warehousing Retail Trade Food and Beverage Stores Clothing and Clothing Accessories Stores General Merchandise Stores Information Financial Activities Finance and Insurance Professional and Business Services Educational Services Health Care and Social Assistance Hospitals Leisure and Hospitality Accommodation and Food Services 2010.Q2 548.4 450.7 97.6 6.2 14.3 77.2 44.1 53.3 495.0 397.4 97.6 26.4 99.4 21.8 13.1 60.1 14.7 7.2 9.2 13.8 32.8 21.6 67.1 25.0 90.9 19.7 44.2 32.0 2010.Q1 533.8 438.4 95.4 5.3 14.1 75.9 43.3 51.3 482.5 387.1 95.4 26.3 98.3 21.6 12.9 59.4 14.8 7.2 9.2 13.9 32.4 21.5 64.2 25.3 89.7 19.6 39.6 29.7 Source: NY State Department of Labor-Current Employment Survey Complied by Bureau of Economic Research, School of Management, Marist College 2009.Q4 574.2 478.0 96.2 5.2 14.5 76.5 43.0 65.7 508.5 412.3 96.2 29.2 107.2 23.6 13.5 65.9 14.5 8.0 9.5 14.5 35.6 23.7 70.1 26.7 92.2 19.5 40.6 31.6 2009.Q3 573.2 477.5 95.8 5.4 14.5 75.9 37.0 67.2 506.1 410.3 98.4 29.4 104.3 23.6 12.3 64.2 14.5 7.6 8.8 14.8 35.9 23.7 71.3 22.7 90.9 19.5 45.5 33.1 10 2009.Q2 575.4 477.0 98.4 5.6 14.4 78.4 45.4 66.1 509.3 410.9 98.4 29.6 105.2 23.7 17.5 64.0 14.5 7.5 8.9 15.1 35.7 23.7 71.3 24.8 90.7 19.3 43.3 32.2 2009.Q1 564.9 468.1 96.8 5.5 14.2 77.1 44.8 64.3 500.6 403.8 96.8 29.8 105.4 23.5 17.5 64.3 14.6 7.9 9.0 15.1 35.4 23.7 69.0 25.1 89.7 19.3 39.6 30.7 Dec-07 593.2 495.7 97.5 5.5 14.2 77.8 45.5 71.0 522.2 424.7 97.5 31.7 116.4 24.8 18.9 72.7 15.0 10.5 11.7 16.2 36.9 24.8 73.8 24.9 88.8 18.9 42.7 32.5 Percent change Percent change Q2.10 and peak Q2.10 and near of last Business term low Cycle 2.74% 2.81% 2.31% 18.47% 1.42% 1.71% 19.19% 3.90% 2.59% 2.66% 2.31% 0.38% 1.12% 0.93% 6.50% 1.18% 1.38% 0.00% 4.55% 0.00% 1.23% 0.47% 4.52% 10.13% 2.36% 4.23% 11.62% 7.74% -7.55% -9.08% 0.10% 12.73% 0.70% -0.77% -3.08% -24.93% -5.21% -6.43% 0.10% -16.72% -14.60% -12.10% -30.69% -17.33% -2.00% -31.43% -21.37% -14.81% -11.11% -12.90% -9.08% 0.40% 2.36% 4.23% 3.51% -1.54% 8/14/2010 Dutchess and Orange Counties: Employment Data by Industry: CES Data Quarterly Data are Averages of Monthly Data (Data in 1000's; Data in red are near-term lows) Total Nonfarm Total Private Total Government Federal Government State Government Local Government Local Government Education Goods Producing Service-Providing Private Service-Providing Public Service-Providing Manufacturing Trade, Transportation, and Utilities Wholesale Trade Transportation and Warehousing Retail Trade Food and Beverage Stores Clothing and Clothing Accessories Stores General Merchandise Stores Information Financial Activities Finance and Insurance Professional and Business Services Educational Services Health Care and Social Assistance Hospitals Leisure and Hospitality Accommodation and Food Services 2010.Q2 247.9 195.0 52.9 7.1 9.2 36.5 23.0 27.5 220.4 167.6 52.8 17.9 54.7 9.5 8.6 35.4 7.1 5.3 5.8 4.2 9.2 6.2 20.9 10.5 39.4 8.8 19.2 16.1 2010.Q1 241.9 189.7 52.2 6.5 9.2 36.5 23.1 26.4 215.5 163.3 52.2 17.9 53.5 9.4 8.5 34.5 7.2 5.3 5.8 4.0 9.1 6.2 20.3 10.8 39.1 8.8 17.2 15.0 Source: NY State Department of Labor-Current Employment Survey Compiled by Bureau of Economic Research, School of Management, Marist College 2009.Q4 252.2 199.0 53.2 6.5 9.2 37.5 24.5 29.4 222.8 169.6 53.2 18.5 56.2 9.3 8.6 37.1 7.1 5.3 5.8 4.4 9.0 6.1 21.0 13.2 38.0 8.7 18.1 15.4 2009.Q3 248.1 197.5 50.6 6.6 9.3 34.7 20.7 30.3 219.2 167.2 52.0 18.8 54.4 9.3 8.1 35.8 7.1 5.0 5.7 4.5 9.1 6.1 21.0 10.7 37.4 8.8 20.3 16.5 2009.Q2 2009.Q1 251.4 248.9 198.2 195.7 53.2 53.2 6.5 6.5 9.4 9.5 37.3 37.2 23.8 23.8 30.4 30.0 221.0 218.9 167.8 165.7 53.2 53.2 21.1 21.1 54.4 54.5 9.3 9.2 8.5 8.5 35.5 35.7 7.1 7.1 4.9 5.0 5.7 5.8 4.5 4.5 9.1 9.4 6.1 6.2 21.1 20.9 12.0 11.9 37.5 37.1 8.7 8.7 19.6 18.1 16.0 15.0 Dec-07 260.1 207.7 52.4 6.4 9.6 36.4 23.3 33.9 226.2 173.8 52.4 21.6 59.1 10.1 10.6 39.0 7.3 5.7 6.6 4.6 9.8 6.7 21.2 11.6 36.7 8.9 19.5 16.0 Percent change Q2.10 and near term low 2.48% 2.79% 4.55% 10.94% 0.00% 5.19% 11.11% 4.17% 2.27% 2.63% 1.54% 0.00% 2.24% 3.26% 6.17% 2.61% 0.00% 8.83% 1.75% 5.00% 2.22% 1.64% 2.96% -1.87% 7.36% 1.15% 11.63% 7.33% Percent change Q2.10 and peak of last Business Cycle -4.69% -6.11% 0.95% 10.94% -4.17% 0.27% -1.29% -18.88% -2.56% -3.57% 0.76% -17.13% -7.40% -5.94% -18.87% -9.23% -2.74% -7.02% -12.12% -8.70% -6.12% -7.46% -1.42% -9.48% 7.36% -1.12% -1.54% 0.63% 8/14/2010 11 Columbia County: Employment Data by Industry: CES Data Quarterly Data are Averages of Monthly Data (Data in 1000's; Data in red are near-term lows) Total Nonfarm Total Private Total Government 2010.Q2 20.4 15.4 5.0 2010.Q1 19.6 14.6 5.0 2009.Q4 20.4 15.3 5.1 2009.Q3 21.0 16.0 5.0 2009.Q2 20.9 15.8 5.0 2009.Q1 20.1 15.1 4.9 Dec-07 21.6 16.2 5.3 2.2 18.2 13.2 5.0 1.3 3.7 2.1 17.5 12.5 5.0 1.4 3.6 2.3 18.1 13.0 5.1 1.4 3.7 2.6 18.4 13.5 4.9 1.5 3.7 2.5 18.3 13.3 5.0 1.5 3.8 2.5 17.6 12.7 4.9 1.6 3.7 0.9 0.3 0.5 0.7 0.3 0.5 0.9 0.3 0.6 1.1 0.3 0.6 1.0 0.3 0.6 1.5 4.5 1.3 4.4 1.5 4.5 1.5 4.5 1.7 1.4 1.4 1.9 Percent change Percent change Q2.10 and peak Q2.10 and near of last Business term low Cycle 4.08% 5.48% 2.04% -5.56% -4.94% -5.66% 2.9 18.7 13.4 5.3 1.8 3.9 4.76% 4.00% 5.60% 1.35% 0.00% 2.78% -24.14% -2.67% -1.49% -5.66% -27.78% -5.13% 0.9 0.3 0.5 1.1 0.3 0.6 28.57% 0.00% 0.00% -18.18% 0.00% -16.67% 1.5 4.5 1.4 4.4 1.7 4.3 15.38% 4.65% -11.76% 4.65% 1.7 1.3 1.6 30.77% 6.25% Federal Government State Government Local Government Local Government Education Goods Producing Service-Providing Private Service-Providing Public Service-Providing Manufacturing Trade, Transportation, and Utilities Wholesale Trade Transportation and Warehousing Retail Trade Natural Resources, Mining and Construction Information Financial Activities Finance and Insurance Professional and Business Services Educational Health Services Health Care and Social Assistance Hospitals Leisure and Hospitality Accommodation and Food Services Source: NY State Department of Labor-Current Employment Survey Complied by Bureau of Economic Research, School of Management, Marist College 12 8/14/2010 Greene County: Employment Data by Industry: CES Data Quarterly Data are Averages of Monthly Data (Data in 1000's; Data in red are near-term lows) Total Nonfarm Total Private Total Government 2010.Q2 14.8 10.0 4.8 2010.Q1 14.8 10.1 4.7 2009.Q4 14.5 9.5 4.9 2009.Q3 14.8 9.9 4.8 2009.Q2 14.4 9.7 4.7 2009.Q1 14.9 10.2 4.7 Dec-07 15.4 10.7 4.8 1.5 13.2 8.5 4.7 0.9 3.1 1.2 13.6 8.9 4.7 0.9 3.2 1.6 12.8 7.9 4.9 1.0 2.9 1.7 13.1 8.2 4.9 1.0 3.0 1.6 12.8 8.0 4.8 1.0 3.1 1.5 13.4 8.7 4.7 1.0 3.1 0.6 0.2 0.5 0.3 0.2 0.5 0.7 0.2 0.4 0.7 0.2 0.4 0.6 0.2 0.4 0.4 1.3 0.4 1.3 0.5 1.4 0.5 1.2 2.5 2.9 2.1 2.4 Percent change Percent change Q2.10 and peak Q2.10 and near of last Business Cycle term low 2.78% 5.26% 2.13% -3.90% -6.54% 0.00% 1.9 13.6 8.8 4.8 1.0 3.3 25.00% 3.12% 7.59% 0.00% 0.00% 6.90% -21.05% -2.94% -3.41% -2.08% -10.00% -6.06% 0.5 0.2 0.4 0.9 0.2 0.4 100.00% 0.00% 25.00% -33.33% 0.00% 25.00% 0.5 1.3 0.5 1.3 0.6 1.4 0.00% 5.69% -33.33% -7.14% 2.1 2.8 2.5 19.05% 0.00% Federal Government State Government Local Government Local Government Education Goods Producing Service-Providing Private Service-Providing Public Service-Providing Manufacturing Trade, Transportation, and Utilities Wholesale Trade Transportation and Warehousing Retail Trade Natural Resources, Mining and Construction Information Financial Activities Finance and Insurance Professional and Business Services Educational Health Services Health Care and Social Assistance Hospitals Leisure and Hospitality Source: NY State Department of Labor-Current Employment Survey Complied by Bureau of Economic Research, School of Management, Marist College 13 8/14/2010 Sullivan County: Employment Data by Industry: CES Data Quarterly Data are Averages of Monthly Data (Data in 1000's; Data in red are near-term lows) Total Nonfarm Total Private Total Government 2009.Q2 2009.Q1 26.4 19.6 6.8 25.1 18.5 6.6 Dec-07 26.4 19.7 6.7 2.9 24.7 18.2 6.5 1.4 4.4 2.7 23.7 16.9 6.8 1.4 4.3 2.4 22.7 16.1 6.6 1.3 4.2 1.4 0.2 1.2 1.5 0.3 1.3 1.3 0.2 1.3 1.3 5.7 1.4 5.8 1.4 5.7 2.0 2.6 4.0 2010.Q2 25.8 19.2 6.6 2010.Q1 24.5 18.0 6.5 2009.Q4 26.0 19.5 6.5 2009.Q3 27.6 21.1 6.5 2.4 23.4 16.8 6.6 1.2 4.3 2.2 22.3 15.8 6.5 1.2 4.2 2.8 23.2 16.7 6.5 1.4 4.3 1.2 0.2 1.3 1.0 0.2 1.2 1.3 5.8 2.6 Percent change Percent change Q2.10 and peak Q2.10 and near of last Business term low Cycle 5.31% 6.67% 1.54% -2.27% -2.54% -1.49% 2.8 23.6 16.9 6.7 1.4 4.5 9.09% 4.93% 6.33% 1.54% 0.00% 2.38% -14.29% -0.85% -0.59% -1.49% -14.29% -4.44% 1.1 0.2 1.3 1.4 0.2 1.4 20.00% 0.00% 8.33% -14.29% 0.00% -7.14% 1.4 5.7 1.4 5.6 1.5 5.7 0.00% 3.57% -13.33% 1.75% 2.8 2.2 2.4 30.00% 8.33% Federal Government State Government Local Government Local Government Education Goods Producing Service-Providing Private Service-Providing Public Service-Providing Manufacturing Trade, Transportation, and Utilities Wholesale Trade Transportation and Warehousing Retail Trade Natural Resources, Mining and Construction Information Financial Activities Finance and Insurance Professional and Business Services Educational Health Services Health Care and Social Assistance Hospitals Leisure and Hospitality Accommodation and Food Services Source: NY State Department of Labor- Current Employment Survery Compiled by Bureau of Economic Research, School of Management, Marist College 14 8/14/2010 Ulster County: Employment Data by Industry: CES Data Quarterly Data are Averages of Monthly Data (Data in 1000's; Data in red are near-term lows) Total Nonfarm Total Private Total Government Federal Government State Government Local Government Local Government Education Goods Producing Service-Providing Private Service-Providing Public Service-Providing Manufacturing Trade, Transportation, and Utilities Wholesale Trade Transportation and Warehousing Retail Trade Natural Resources, Mining and Construction Information Financial Activities Finance and Insurance Professional and Business Services Educational Health Services Health Care and Social Assistance Hospitals Leisure and Hospitality 2010.Q2 62.0 46.1 15.9 0.7 4.7 10.6 6.4 5.9 56.2 40.3 15.9 3.5 11.8 1.3 1.7 8.8 2.4 0.9 2.5 2010.Q1 60.4 44.8 15.6 0.5 4.7 10.4 6.2 5.6 54.8 39.2 15.6 3.5 11.7 1.3 1.7 8.7 2.1 0.9 2.5 2009.Q4 62.8 46.6 16.1 0.4 4.7 11.0 6.2 6.2 56.5 40.4 16.1 3.6 12.2 1.3 1.7 9.2 2.6 0.9 2.5 2009.Q3 62.1 46.6 15.5 0.4 4.7 10.4 5.2 6.5 55.6 40.2 15.5 3.7 11.9 1.3 1.5 9.1 2.8 1.0 2.5 2009.Q2 62.8 46.6 16.3 0.5 4.9 10.9 6.6 6.4 56.5 40.2 16.3 3.7 12.0 1.3 1.7 9.0 2.7 1.0 2.5 2009.Q1 61.1 45.3 15.8 0.5 4.8 10.5 6.3 6.3 54.8 39.0 15.8 3.8 11.9 1.3 1.7 8.9 2.5 1.0 2.5 Dec-07 64.3 48.5 15.8 0.5 4.8 10.5 6.3 7.1 57.2 41.4 15.8 4.2 13.4 1.4 1.9 10.1 2.9 1.1 2.7 4.6 10.7 4.4 10.6 4.4 11.1 4.3 10.6 4.6 10.6 4.1 10.5 7.0 6.4 6.8 7.3 7.1 6.5 Source: NY State Department of Labor-Current Employment Survey Complied by Bureau of Economic Research, School of Management, Marist College 15 Percent change Percent change Q2.10 and peak Q2.10 and near of last Business term low Cycle 2.65% 2.90% 2.80% 75.00% 0.00% 1.92% 23.87% 5.36% 2.55% 3.33% 2.80% 0.00% 0.85% 0.00% 13.33% 1.15% 14.29% 0.00% 0.00% -3.58% -4.95% 0.63% 40.00% -2.08% 0.95% 1.59% -16.90% -1.75% -2.66% 0.63% -16.67% -11.94% -7.14% -10.53% -12.87% -17.24% -18.18% -7.41% 4.4 10.3 12.20% 3.88% 4.55% 3.88% 6.8 9.37% 2.94% 8/14/2010 Food Stamps - Recipients Quarterly Sum Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia 13,898 13,378 12,982 12,710 12,159 11,201 Dutchess 59,955 57,087 54,273 50,670 47,465 43,851 Greene 15,747 15,588 14,846 14,139 13,588 12,737 Orange 112,727 106,702 100,256 93,845 90,086 85,431 Putnam 5,309 5,214 5,009 4,581 4,181 3,599 100,520 95,295 91,758 87,677 83,066 78,685 Sullivan 31,348 30,696 28,410 26,470 25,623 24,179 Ulster 52,908 51,221 47,743 44,929 41,931 38,500 Westchester 191,553 185,520 178,739 168,186 156,966 147,683 Hudson Valley Total 583,965 560,701 534,016 503,207 475,065 445,866 New York City 5,147,814 5,006,681 4,871,893 4,675,680 4,420,075 4,173,053 New York State 8,400,454 8,166,655 7,896,345 7,542,569 7,150,986 6,753,702 Rockland Quarterly Percentage Change Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009 Q2 2009.Q1 Columbia 3.89% 3.05% 2.14% 4.53% 8.55% 10.07% Dutchess 5.02% 5.18% 7.11% 6.75% 8.24% 8.05% Greene 1.02% 5.00% 5.00% 4.06% 6.68% 9.09% Orange 5.65% 6.43% 6.83% 4.17% 5.45% 5.98% Putnam 1.82% 4.09% 9.34% 9.57% 16.17% 9.99% Rockland 5.48% 3.85% 4.65% 5.55% 5.57% 5.28% Sullivan 2.12% 8.05% 7.33% 3.31% 5.97% 7.54% Ulster 3.29% 7.28% 6.26% 7.15% 8.91% 9.99% Westchester 3.25% 3.79% 6.27% 7.15% 6.29% 5.33% Hudson Valley Total 4.15% 5.00% 6.12% 5.92% 6.55% 6.47% New York City 2.82% 2.77% 4.20% 5.78% 5.92% 4.39% New York State 2.86% 3.42% 4.69% 5.48% 5.88% 5.11% Source: New York State Office of Temporary and Disability Assistance 16 Compiled by Bureau of Economic Research, School of Management, Marist College 8/30/2010 Food Stamps - Expenditures Quarterly Sum Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia $2,085,709 $1,974,299 $1,879,319 $1,856,871 $1,777,138 $1,375,879 Dutchess $8,703,996 $8,265,388 $7,864,094 $7,397,906 $6,998,023 $5,472,870 Greene $2,223,994 $2,233,355 $2,116,625 $2,005,684 $1,928,537 $1,547,226 Orange $15,982,910 $15,387,535 $14,798,877 $13,894,427 $13,227,481 $10,909,120 Putnam $752,310 $730,141 $677,530 $628,940 $602,005 $439,154 $14,344,795 $13,704,090 $13,170,004 $12,549,551 $11,945,796 $9,693,808 Sullivan $4,358,780 $4,314,575 $4,035,444 $3,752,947 $3,660,263 $2,953,118 Ulster $7,506,283 $7,302,294 $6,799,438 $6,425,981 $6,018,236 $4,705,095 Westchester $27,995,311 $27,299,468 $26,267,776 $24,775,050 $23,188,773 $18,662,820 Hudson Valley Total $83,954,088 $81,211,145 $77,609,107 $73,287,357 $69,346,252 $55,759,090 $817,702,261 $800,667,812 $778,981,098 $747,399,332 Rockland New York City New York State $1,272,061,401 $1,245,342,464 $1,203,847,838 $708,030,390 $1,153,163,927 $1,098,281,437 $573,260,819 $886,557,861 Quarterly Percentage Change Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia 5.64% 5.05% 1.21% 4.49% 29.16% 13.85% Dutchess 5.31% 5.10% 6.30% 5.71% 27.87% 10.35% Greene -0.42% 5.51% 5.53% 4.00% 24.64% 12.97% Orange 3.87% 3.98% 6.51% 5.04% 21.25% 10.27% Putnam 3.04% 7.77% 7.73% 4.47% 37.08% 15.30% Rockland 4.68% 4.06% 4.94% 5.05% 23.23% 7.88% Sullivan 1.02% 6.92% 7.53% 2.53% 23.95% 9.10% Ulster 2.79% 7.40% 5.81% 6.78% 27.91% 10.95% Westchester 2.55% 3.93% 6.03% 6.84% 24.25% 7.39% Hudson Valley Total 3.38% 4.64% 5.90% 5.68% 24.37% 9.07% New York City 2.13% 2.78% 4.23% 5.56% 23.51% 3.98% New York State 2.15% 3.45% 4.40% 5.00% 23.88% 5.79% Source: New York State Office of Temporary and Disability Assistance 17 Compiled by Bureau of Economic Research, School of Management, Marist College 8/30/2010 Total Temporary Assistance - Recipients Quarterly Sum Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia 2,865 2,516 2,435 2,325 2,416 2,174 Dutchess 9,229 8,764 8,482 7,891 7,498 7,225 Greene 2,990 3,078 2,928 2,825 2,673 2,668 Orange 19,749 18,996 19,167 18,358 16,995 15,662 Putnam 384 333 347 361 336 305 Rockland 8,934 8,714 8,375 8,035 7,568 7,330 Sullivan 6,162 5,894 5,636 5,395 5,517 5,074 Ulster 8,924 9,009 8,594 8,175 7,921 7,527 42,915 42,873 42,613 41,275 40,157 39,056 Hudson Valley 102,152 100,177 98,577 94,640 91,081 87,021 New York City 1,025,822 1,049,529 1,062,393 1,034,252 1,026,094 1,020,022 New York State 1,627,177 1,640,755 1,642,009 1,593,510 1,568,140 1,549,194 Westchester Quarterly Percentage Change Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia 13.87% 3.33% 4.73% -3.77% 11.13% 8.27% Dutchess 5.31% 3.32% 7.49% 5.24% 3.78% 5.80% Greene -2.86% 5.12% 3.65% 5.69% 0.19% 9.12% Orange 3.96% -0.89% 4.41% 8.02% 8.51% 5.14% Putnam 15.32% -4.03% -3.88% 7.44% 10.16% -1.93% Rockland 2.52% 4.05% 4.23% 6.17% 3.25% 4.30% Sullivan 4.55% 4.58% 4.47% -2.21% 8.73% 5.80% -0.94% 4.83% 5.13% 3.21% 5.23% 7.53% Westchester 0.10% 0.61% 3.24% 2.78% 2.82% -0.06% Hudson Valley 1.97% 1.62% 4.16% 3.91% 4.67% 3.13% New York City -2.26% -1.21% 2.72% 0.80% 0.60% 0.58% New York State -0.83% -0.08% 3.04% 1.62% 1.22% 1.29% Ulster Source: New York State Office of Temporary and Disability Assistance 18 Compiled by Bureau of Economic Research, School of Management, Marist College 8/30/2010 Total Temporary Assistance - Expenditures Quarterly Sum Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia $1,232,974 $916,994 $852,800 $877,936 $1,066,512 $751,808 Dutchess $3,635,804 $3,693,617 $3,397,543 $3,031,709 $3,317,787 $3,107,559 Greene $898,864 $930,383 $896,746 $834,365 $818,603 $746,125 Orange $8,379,391 $7,162,725 $8,480,092 $7,333,215 $6,915,306 $5,871,352 Putnam $183,093 $192,299 $162,556 $172,888 $180,198 $160,688 Rockland $3,120,859 $2,923,243 $2,679,512 $2,519,836 $2,390,311 $2,323,940 Sullivan $2,243,807 $2,070,642 $1,923,560 $1,867,267 $2,037,339 $1,779,288 Ulster $3,563,733 $3,278,623 $3,349,548 $3,003,171 $3,073,806 $2,897,405 Westchester $22,986,336 $20,747,994 $20,865,059 $19,769,938 $21,008,628 $19,232,247 Hudson Valley $46,244,861 $41,916,520 $42,607,416 $39,410,325 $40,808,490 $36,870,412 New York City $322,838,640 $328,300,339 $340,813,174 $332,184,941 $318,944,634 $318,464,000 New York State $517,325,882 $514,264,143 $521,026,026 $503,887,382 $489,195,147 $481,968,735 Quarterly Percentage Change Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia 34.46% 7.53% -2.86% -17.68% 41.86% 8.29% Dutchess -1.57% 8.71% 12.07% -8.62% 6.77% 21.55% Greene -3.39% 3.75% 7.48% 1.93% 9.71% 5.40% Orange 16.99% -15.53% 15.64% 6.04% 17.78% 7.15% Putnam -4.79% 18.30% -5.98% -4.06% 12.14% -1.89% Rockland 6.76% 9.10% 6.34% 5.42% 2.86% 1.57% Sullivan 8.36% 7.65% 3.01% -8.35% 14.50% 8.08% Ulster 8.70% -2.12% 11.53% -2.30% 6.09% 12.99% Westchester 10.79% -0.56% 5.54% -5.90% 9.24% -1.30% Hudson Valley 10.33% -1.62% 8.11% -3.43% 10.68% 3.61% New York City -1.66% -3.67% 2.60% 4.15% 0.15% -0.36% 0.60% -1.30% 3.40% 3.00% 1.50% 1.14% New York State Source: New York State Office of Temporary and Disability Assistance 19 Compiled by Bureau of Economic Research, School of Management, Marist College 8/30/2010 Family Assistance - Recipients Quarterly Sum Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia 1,542 1,430 1,348 1,324 1,350 1,267 Dutchess 5,200 5,040 4,957 4,638 4,497 4,364 Greene 1,526 1,682 1,569 1,576 1,444 1,526 Orange 10,902 10,565 10,774 10,104 9,460 9,070 Putnam 231 190 201 193 160 171 Rockland 4,804 4,658 4,367 4,177 3,810 3,698 Sullivan 3,351 3,219 3,283 3,155 3,204 2,992 Ulster 4,829 4,817 4,658 4,453 4,392 4,260 Westchester 21,867 21,649 21,132 20,228 19,506 19,104 Hudson Valley 54,252 53,250 52,289 49,848 47,823 46,452 New York City 440,789 453,843 470,671 460,074 449,710 448,776 New York State 752,068 763,648 777,057 755,519 735,495 730,197 Quarterly Percentage Change Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia 7.83% 6.08% 1.81% -1.93% 6.55% 3.77% Dutchess 3.17% 1.67% 6.88% 3.14% 3.05% 4.45% Greene -9.27% 7.20% -0.44% 9.14% -5.37% 6.71% Orange 3.19% -1.94% 6.63% 6.81% 4.30% 3.21% Putnam 21.58% -5.47% 4.15% 20.63% -6.43% 0.00% Rockland 3.13% 6.66% 4.55% 9.63% 3.03% 5.42% Sullivan 4.10% -1.95% 4.06% -1.53% 7.09% 2.68% Ulster 0.25% 3.41% 4.60% 1.39% 3.10% 0.83% Westchester 1.01% 2.45% 4.47% 3.70% 2.10% -1.78% Hudson Valley 1.88% 1.84% 4.90% 4.23% 2.95% 1.23% New York City -2.88% -3.58% 2.30% 2.30% 0.21% -0.48% New York State -1.52% -1.73% 2.85% 2.72% 0.73% 0.11% Source: New York State Office of Temporary and Disability Assistance 20 Compiled by Bureau of Economic Research, School of Management, Marist College 8/30/2010 Family Assistance - Expenditures Quarterly Sum Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia $490,382 $373,546 $332,403 $335,825 $359,178 $298,094 Dutchess $1,655,330 $1,757,646 $1,636,533 $1,517,735 $1,483,354 $1,439,933 Greene $366,007 $398,348 $398,277 $379,110 $366,091 $355,106 Orange $4,182,167 $3,493,105 $4,278,624 $3,463,371 $3,118,844 $2,854,590 Putnam $88,571 $101,445 $82,967 $65,132 $57,479 $76,098 $1,647,249 $1,470,957 $1,341,949 $1,193,050 $1,143,975 $1,112,030 $915,976 $866,661 $873,286 $851,201 $960,590 $852,837 $1,648,603 $1,497,294 $1,433,038 $1,359,522 $1,315,578 $1,315,118 Westchester $10,201,326 $9,933,365 $8,873,210 $8,550,442 $8,819,349 $7,584,375 Hudson Valley $21,195,611 $19,892,367 $19,250,287 $17,715,388 $17,624,438 $15,888,181 New York City $117,388,071 $120,818,456 $133,077,710 $130,692,339 $123,859,993 $125,324,000 New York State $208,703,704 $208,410,691 $218,091,885 $210,956,348 $202,425,564 $201,156,115 Rockland Sullivan Ulster Quarterly Percentage Change Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia 31.28% 12.38% -1.02% -6.50% 20.49% -3.83% Dutchess -5.82% 7.40% 7.83% 2.32% 3.02% 9.64% Greene -8.12% 0.02% 5.06% 3.56% 3.09% 8.35% Orange 19.73% -18.36% 23.54% 11.05% 9.26% -0.67% Putnam -12.69% 22.27% 27.38% 13.31% -24.47% 7.70% 11.98% 9.61% 12.48% 4.29% 2.87% 2.94% 5.69% -0.76% 2.59% -11.39% 12.63% 10.36% 10.11% 4.48% 5.41% 3.34% 0.03% 0.20% Westchester 2.70% 11.95% 3.77% -3.05% 16.28% -9.15% Hudson Valley 6.55% 3.34% 8.66% 0.52% 10.93% -3.18% New York City -2.84% -9.21% 1.83% 5.52% -1.17% -1.08% 0.14% -4.44% 3.38% 4.21% 0.63% -0.52% Rockland Sullivan Ulster New York State Source: New York State Office of Temporary and Disability Assistance 21 Compiled by Bureau of Economic Research, School of Management, Marist College 8/30/2010 Safety Net Assistance - Recipients Quarterly Sum Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia 1,323 1,086 1,087 1,001 1,066 907 Dutchess 4,029 3,724 3,525 3,253 3,001 2,861 Greene 1,464 1,450 1,359 1,249 1,229 1,142 Orange 8,847 8,431 8,393 8,254 7,535 6,592 Putnam 153 143 146 168 176 134 Rockland 4,130 4,056 4,008 3,858 3,758 3,632 Sullivan 2,811 2,675 2,353 2,240 2,313 2,082 Ulster 4,095 4,192 3,936 3,722 3,529 3,267 Westchester 21,048 21,224 21,481 21,047 20,651 19,952 Hudson Valley 47,900 46,981 46,288 44,792 43,258 40,569 New York City 585,033 595,686 591,722 574,178 576,384 571,246 New York State 875,109 877,107 864,952 837,991 832,645 818,997 Quarterly Percentage Change Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia 21.82% -0.09% 8.59% -6.10% 17.53% 15.25% Dutchess 8.19% 5.65% 8.36% 8.40% 4.89% 7.92% Greene 0.97% 6.70% 8.81% 1.63% 7.62% 12.51% Orange 4.93% 0.45% 1.68% 9.54% 14.31% 7.91% Putnam 6.99% -2.05% -13.10% -4.55% 31.34% -4.29% Rockland 1.82% 1.20% 3.89% 2.66% 3.47% 3.18% Sullivan 5.08% 13.68% 5.04% -3.16% 11.10% 10.63% Ulster -2.31% 6.50% 5.75% 5.47% 8.02% 17.73% Westchester -0.83% -1.20% 2.06% 1.92% 3.50% 1.65% Hudson Valley 1.96% 1.50% 3.34% 3.55% 6.63% 5.38% New York City -1.79% 0.67% 3.06% -0.38% 0.90% 1.43% New York State -0.23% 1.41% 3.22% 0.64% 1.67% 2.38% Source: New York State Office of Temporary and Disability Assistance 22 Compiled by Bureau of Economic Research, School of Management, Marist College 8/30/2010 Safety Net Assistance - Expenditures Quarterly Sum Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia $742,592 $543,448 $520,397 $542,111 $707,334 $453,714 Dutchess $1,980,474 $1,935,971 $1,761,010 $1,513,974 $1,834,433 $1,667,626 Greene $532,857 $532,035 $498,469 $455,255 $452,512 $391,019 Orange $4,197,224 $3,669,620 $4,201,468 $3,869,844 $3,796,462 $3,016,762 Putnam $94,522 $90,854 $79,589 $107,756 $122,719 $84,590 Rockland $1,473,610 $1,452,286 $1,337,563 $1,326,786 $1,246,336 $1,211,910 Sullivan $1,327,831 $1,203,981 $1,050,274 $1,016,066 $1,076,749 $926,451 Ulster $1,915,130 $1,781,329 $1,916,510 $1,643,649 $1,758,228 $1,582,287 Westchester $12,785,010 $10,814,629 $11,991,849 $11,219,496 $12,189,279 $11,647,872 Hudson Valley $25,049,250 $22,024,153 $23,357,129 $21,694,937 $23,184,052 $20,982,231 New York City $205,450,569 $207,481,883 $207,735,464 $201,492,602 $195,084,641 $193,140,000 New York State $308,622,178 $305,853,452 $302,934,141 $292,931,034 $286,769,583 $280,812,620 2009.Q2 2009.Q1 Quarterly Percentage Change Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 Columbia 36.64% 4.43% -4.01% -23.36% 55.90% 18.06% Dutchess 2.30% 9.94% 16.32% -17.47% 10.00% 34.13% Greene 0.15% 6.73% 9.49% 0.61% 15.73% 2.86% Orange 14.38% -12.66% 8.57% 1.93% 25.85% 15.79% Putnam 4.04% 14.15% -26.14% -12.19% 45.08% -9.17% Rockland 1.47% 8.58% 0.81% 6.45% 2.84% 0.33% 10.29% 14.63% 3.37% -5.64% 16.22% 6.06% 7.51% -7.05% 16.60% -6.52% 11.12% 26.40% Westchester 18.22% -9.82% 6.88% -7.96% 4.65% 4.58% Hudson Valley 13.74% -5.71% 7.66% -6.42% 10.49% 9.41% New York City -0.98% -0.12% 3.10% 3.28% 1.01% 0.11% 0.91% 0.96% 3.41% 2.15% 2.12% 2.35% Sullivan Ulster New York State Source: New York State Office of Temporary and Disability Assistance 23 Compiled by Bureau of Economic Research, School of Management, Marist College 8/30/2010 Supplemental Social Security Income - Recipients Quarterly Sum Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia 4,664 4,664 4,658 4,636 4,634 4,622 Dutchess 14,905 14,636 14,667 14,470 14,535 14,342 Greene 3,820 3,835 3,858 3,850 3,812 3,865 Orange 19,614 19,487 19,439 19,164 19,269 19,204 Putnam 2,441 2,453 2,465 2,420 2,474 2,481 14,503 14,443 14,585 14,288 14,249 14,098 7,636 7,531 7,539 7,461 7,455 7,501 Ulster 12,428 12,395 12,403 12,222 12,265 12,230 Westchester 50,870 50,456 50,435 49,875 49,955 49,932 Hudson Valley 130,881 129,900 130,049 128,386 128,648 128,275 New York City 1,250,328 1,247,699 1,250,696 1,240,307 1,241,266 1,237,347 New York State 2,017,325 2,010,354 2,014,473 1,995,892 1,997,781 1,989,688 Rockland Sullivan Quarterly Percentage Change Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia 0.00% 0.13% 0.47% 0.04% 0.26% 1.76% Dutchess 1.84% -0.21% 1.36% -0.45% 1.35% 1.62% Greene -0.39% -0.60% 0.21% 1.00% -1.37% 2.11% Orange 0.65% 0.25% 1.43% -0.54% 0.34% 0.69% Putnam -0.49% -0.49% 1.86% -2.18% -0.28% -0.80% Rockland 0.42% -0.97% 2.08% 0.27% 1.07% 0.82% Sullivan 1.39% -0.11% 1.05% 0.08% -0.61% -0.49% Ulster 0.27% -0.06% 1.48% -0.35% 0.29% 0.06% Westchester 0.82% 0.04% 1.12% -0.16% 0.05% 0.32% Hudson Valley 0.76% -0.11% 1.30% -0.20% 0.29% 0.58% New York City 0.21% -0.24% 0.84% -0.08% 0.32% 0.33% New York State 0.35% -0.20% 0.93% -0.09% 0.41% 0.46% Source: New York State Office of Temporary and Disability Assistance24 Compiled by Bureau of Economic Research, School of Management, Marist College 8/30/2010 Supplemental Social Security Income - Expenditures Quarterly Sum Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia $2,458,676 $2,636,135 $2,509,623 $2,470,444 $2,669,310 $2,572,487 Dutchess $8,325,825 $8,062,573 $8,399,010 $7,947,294 $8,030,618 $7,897,648 Greene $2,060,522 $2,101,439 $2,028,453 $1,983,787 $2,048,672 $2,098,027 Orange $10,456,253 $10,449,260 $10,455,586 $10,166,183 $10,262,695 $10,015,872 Putnam $1,218,884 $1,323,484 $1,282,337 $1,248,034 $1,244,841 $1,219,886 Rockland $7,942,230 $7,939,015 $8,030,703 $7,767,091 $7,809,171 $7,671,728 Sullivan $3,997,099 $3,839,310 $3,868,949 $3,843,847 $3,963,265 $4,030,900 Ulster $6,720,213 $6,703,118 $7,058,383 $6,733,700 $6,681,324 $6,488,834 Westchester $26,873,416 $26,614,368 $26,581,784 $26,246,671 $26,487,532 $26,054,838 Hudson Valley $70,053,118 $69,668,702 $70,214,828 $68,407,051 $69,197,428 $68,050,220 New York City $716,313,526 $717,516,093 $718,282,013 $707,822,956 $711,953,664 $706,146,341 New York State $1,138,897,472 $1,135,193,517 $1,140,439,540 $1,121,286,497 $1,132,039,544 $1,117,871,233 Quarterly Percentage Change Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia -6.73% 5.04% 1.59% -7.45% 3.76% 10.50% Dutchess 3.27% -4.01% 5.68% -1.04% 1.68% 6.31% Greene -1.95% 3.60% 2.25% -3.17% -2.35% 10.28% Orange 0.07% -0.06% 2.85% -0.94% 2.46% 4.90% Putnam -7.90% 3.21% 2.75% 0.26% 2.05% 4.35% Rockland 0.04% -1.14% 3.39% -0.54% 1.79% 7.35% Sullivan 4.11% -0.77% 0.65% -3.01% -1.68% 6.88% Ulster 0.26% -5.03% 4.82% 0.78% 2.97% 2.00% Westchester 0.97% 0.12% 1.28% -0.91% 1.66% 4.97% Hudson Valley 0.55% -0.78% 2.64% -1.14% 1.69% 5.54% New York City -0.17% -0.11% 1.48% -0.58% 0.82% 5.43% 0.33% -0.46% 1.71% -0.95% 1.27% 5.38% New York State Source: New York State Office of Temporary and Disability Assistance25 Compiled by Bureau of Economic Research, School of Management, Marist College 8/30/2010 Home Energy Assistance - Recipients Quarterly Sum Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia 20,442 10,995 7,144 12,542 12,341 10,262 Dutchess 51,899 31,653 22,820 31,645 30,675 25,139 Greene 24,852 14,074 9,233 16,129 15,675 12,866 Orange 84,412 45,382 33,010 54,403 49,270 35,439 Putnam 7,924 4,224 2,881 4,501 4,442 3,636 Rockland 49,426 30,517 25,073 34,824 32,970 24,733 Sullivan 38,375 23,614 14,678 26,375 25,898 21,513 Ulster 71,259 41,945 26,456 46,696 45,705 36,021 Westchester 82,463 71,821 67,867 57,393 57,194 54,858 Hudson Valley 431,052 274,225 209,162 284,508 274,170 224,467 New York City 2,208,733 2,065,935 N/A 2,247,469 2,100,716 1,755,931 New York State 5,771,809 4,078,548 2,048,265 4,574,270 4,337,061 3,486,510 Quarterly Percent Change Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia 85.92% 53.91% -43.04% 1.63% 20.26% 65.44% Dutchess 63.96% 38.71% -27.89% 3.16% 22.02% 40.25% Greene 76.58% 52.43% -42.76% 2.90% 21.83% 62.41% Orange 86.00% 37.48% -39.32% 10.42% 39.03% 36.68% Putnam 87.59% 46.62% -35.99% 1.33% 22.17% 51.69% Rockland 61.96% 21.71% -28.00% 5.62% 33.30% 22.35% Sullivan 62.51% 60.88% -44.35% 1.84% 20.38% 76.21% Ulster 69.89% 58.55% -43.34% 2.17% 26.88% 80.72% Westchester 14.82% 5.83% 18.25% 0.35% 4.26% 5.60% Hudson Valley 57.19% 31.11% -26.48% 3.77% 22.14% 36.30% New York City 6.91% N/A N/A 6.99% 19.64% N/A 41.52% 99.12% -55.22% 5.47% 24.40% 106.82% New York State Source: New York State Office and Temporary and Disability Assistance 26 Compiled by Bureau of Economic Research, School of Management, Marist College 8/30/2010 Home Energy Assistance - Expenditures Quarterly Sum Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia $7,415,027 $5,314,188 $3,149,064 $7,613,514 $7,516,486 $6,342,775 Dutchess $16,283,381 $11,407,328 $6,653,813 $15,274,830 $14,657,751 $11,246,148 Greene $9,774,030 $7,137,185 $4,463,499 $10,427,824 $10,153,033 $8,343,041 Orange $25,723,180 $16,372,401 $10,078,840 $25,830,628 $23,214,455 $15,496,552 Putnam $2,592,168 $1,751,578 $1,097,894 $2,246,188 $2,209,950 $1,714,512 Rockland $11,433,489 $7,781,600 $5,512,584 $12,532,861 $11,601,832 $7,577,097 Sullivan $14,516,123 $10,768,911 $5,771,762 $15,896,003 $15,576,397 $12,735,011 Ulster $25,217,402 $17,937,925 $9,958,387 $27,145,269 $26,565,117 $20,702,508 $8,976,786 $6,838,014 $5,215,443 $7,541,437 $7,447,597 $6,150,398 Hudson Valley $121,931,586 $85,309,130 $51,901,286 $124,508,554 $118,942,618 $90,308,042 New York City $139,655,183 $113,822,579 N/A $136,159,117 $129,317,264 $94,567,871 $1,236,150,285 $894,884,045 $533,445,946 $1,262,768,525 $1,214,373,930 $934,642,342 Westchester New York State Quarterly Percent Change Counties 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia 39.53% 68.75% -58.64% 1.29% 18.50% 93.12% Dutchess 42.74% 71.44% -56.44% 4.21% 30.34% 89.15% Greene 36.95% 59.90% -57.20% 2.71% 21.69% 85.26% Orange 57.11% 62.44% -60.98% 11.27% 49.80% 78.53% Putnam 47.99% 59.54% -51.12% 1.64% 28.90% 107.60% Rockland 46.93% 41.16% -56.01% 8.02% 53.12% 56.24% Sullivan 34.80% 86.58% -63.69% 2.05% 22.31% 123.90% Ulster 40.58% 80.13% -63.31% 2.18% 28.32% 125.13% Westchester 31.28% 31.11% -30.84% 1.26% 21.09% 50.38% Hudson Valley 42.93% 64.37% -58.32% 4.68% 31.71% 91.89% New York City 22.70% N/A N/A 5.29% 36.75% N/A New York State 38.14% 67.76% -57.76% 3.99% 29.93% 91.16% Source: New York State Office and Temporary and Disability Assistance 27 Compiled by Bureau of Economic Research, School of Management, Marist College 8/30/2010 Sales: Existing Single Family Homes 2009.Q1-2010.Q2 2010 County 2nd Q 2009 1st Q 4th Q 3rd Q % Change 2nd Q 2nd '10 to 4th '09 1st Q 1st '10 to 3rd '09 4th '09 to 2nd '09 Columbia 99 70 135 100 75 49 -26.67% -30.00% 80.00% Dutchess 686 409 701 723 516 374 -2.14% -43.43% 35.85% Greene 84 71 103 99 69 46 -18.45% -28.28% 49.28% Orange 561 305 635 619 429 310 -11.65% -50.73% 48.02% Putnam 184 124 169 159 131 88 8.88% -22.01% 29.01% Rockland 385 211 371 376 233 189 3.77% -43.88% 59.23% 69 51 75 78 65 46 -8.00% -34.62% 15.38% 320 194 336 298 224 134 -4.76% -34.90% 50.00% Westchester 1,199 755 1,022 1,190 709 425 17.32% -36.55% 44.15% Hudson Valley Total 3,587 2,190 3,547 3,642 2,451 1,661 1.13% -39.87% 44.72% 24,327 14,204 22,626 24,103 18,141 11,672 7.52% -41.07% 24.72% 4,913,333 4,496,666 5,233,333 4,646,667 4,756,667 4,583,333 -6.11% -3.23% 10.02% Sullivan Ulster New York State U.S. Source: NYSAR, (**NAR) Compiled by Bureau of Economic Research, School of Management, Marist College 28 9/28/2010 Median Selling Price (in Dollars) 2009.Q1-2010.Q2 2010 2009 % Change 2nd '10 to 4th '09 1st '10 to 3rd '09 4th '09 to 2nd '09 County 2nd Q 1st Q 4th Q 3rd Q 2nd Q 1st Q Columbia $192,000 $225,000 $215,000 $190,950 $227,750 $190,000 -10.70% 17.83% -5.60% Dutchess $267,692 $255,000 $269,900 $280,000 $269,950 $280,000 -0.82% -8.93% -0.02% Greene $151,000 $160,000 $174,000 $165,000 $165,000 $156,000 -13.22% -3.03% 5.45% Orange $250,000 $254,400 $255,500 $260,000 $270,000 $260,450 -2.15% -2.15% -5.37% Putnam $306,750 $310,000 $330,000 $330,000 $324,450 $342,450 -7.05% -6.06% 1.71% Rockland $415,000 $390,000 $415,000 $431,600 $420,000 $407,500 0.00% -9.64% -1.19% Sullivan $134,000 $110,000 $125,080 $123,500 $138,000 $119,000 7.13% -10.93% -9.36% Ulster $209,375 $215,000 $215,644 $203,750 $209,000 $190,560 -2.91% 5.52% 3.18% Westchester $605,500 $599,000 $560,000 $630,000 $565,000 $534,000 8.13% -4.92% -0.88% New York State $204,450 $216,050 $210,000 $205,000 $185,500 $199,000 -2.64% 5.39% 13.21% U.S.** $184,200 $169,500 $169,600 $176,000 $182,000 $169,900 8.61% -3.69% -6.81% ** Medians of Last Month of Quarter Source: NYSAR, (**NAR) Compiled by Bureau of Economic Research, School of Management, Marist College 29 9/28/2010 Monthly Construction Permits Single Family Homes 2010 Counties Q2.10 June May April Q1.10 March February January Columbia 1 0 1 0 4 2 2 0 Dutchess 36 12 10 14 24 9 6 9 Greene 0 0 0 0 0 0 0 0 Orange 88 29 43 16 57 14 31 12 Putnam 20 9 4 7 8 2 2 4 Rockland 38 15 13 10 12 4 3 5 Sullivan 32 10 13 9 37 10 20 7 Ulster 28 12 10 6 18 8 4 6 Westchester 44 14 15 15 50 12 22 16 287 101 109 77 210 61 90 59 Hudson Valley Monthly Construction Permits Non-single Family Construction (# of buildings) 2010 Counties Q2.10 June May April Q1.10 March February January Columbia 0 0 0 0 0 0 0 0 Dutchess 0 0 0 0 0 0 0 0 Greene 0 0 0 0 0 0 0 0 Orange 34 4 1 29 9 5 2 2 Putnam 0 0 0 0 0 0 0 0 Rockland 7 2 5 0 2 0 2 0 Sullivan 3 1 1 1 3 1 1 1 Ulster 2 2 0 0 1 0 0 1 Westchester 4 2 2 0 6 2 3 1 50 11 9 30 21 8 8 5 Hudson Valley Source: U.S. Census Bureau Compiled by Bureau of Economic Research, School of Management, Marist College 30 8/14/2010 Dollar Cost of Construction Single Family Homes 2010 Counties Columbia Q2.10 June May April Q1.10 March February January $375,750 $0 $375,750 $0 $2,236,119 $872,040 $1,364,079 $0 $6,149,418 $2,159,117 $2,031,349 $1,958,952 $5,433,256 $3,747,452 $385,752 $1,300,052 Greene $0 $0 $0 $0 $0 $0 $0 $0 Orange $10,115,591 $3,908,977 $3,296,520 $2,910,094 $8,570,966 $2,216,790 $4,335,902 $2,018,274 Putnam $5,693,326 $2,692,666 $1,006,333 $1,994,327 $4,003,203 $677,012 $2,297,012 $1,029,179 $10,736,230 $3,415,680 $3,212,550 $4,108,000 $4,330,733 $778,000 $1,707,900 $1,844,833 Sullivan $3,700,906 $1,286,651 $1,368,291 $1,045,964 $4,430,418 $1,059,106 $2,318,113 $1,053,199 Ulster $4,318,786 $1,843,269 $1,630,517 $845,000 $3,700,345 $1,838,233 $695,878 $1,166,234 Westchester $24,596,298 $7,049,506 $10,579,085 $6,967,707 $23,740,180 $4,344,543 $14,153,498 $5,242,139 Hudson Valley $65,686,305 $22,355,866 $23,500,395 $19,830,044 $56,445,220 $15,533,176 $27,258,134 $13,653,910 February January Dutchess Rockland Dollar Cost of Construction Non-single Family Construction (# of buildings) 2010 Counties Q2.10 June May April Q1.10 March Columbia $0 $0 $0 $0 $0 $0 $0 $0 Dutchess $0 $0 $0 $0 $0 $0 $0 $0 Greene $0 $0 $0 $0 $0 $0 $0 $0 Orange $21,280,404 $5,000,835 $663,667 $15,615,902 $2,997,523 $1,424,989 $786,267 $786,267 Putnam $0 $0 $0 $0 $0 $0 $0 $0 $3,420,000 $1,500,000 $1,920,000 $0 $4,080,000 $0 $4,080,000 $0 $321,512 $160,756 $80,378 $80,378 $258,330 $86,110 $86,110 $86,110 Ulster $2,600,000 $2,600,000 $0 $0 $426,764 $0 $0 $426,764 Westchester $9,500,000 $9,000,000 $500,000 $0 $8,983,574 $400,000 $7,843,574 $740,000 $37,121,916 $18,261,591 $3,164,045 $15,696,280 $16,746,191 $1,911,099 $12,795,951 $2,039,141 Rockland Sullivan Hudson Valley Source: U.S. Census Bureau Compiled by Bureau of Economic Research, School of Management, Marist College 31 8/14/2010 Monthly Average Cost of Construction per Permit Single Family Homes 2010 Counties Q2.10 June May April Q1.10 March February January Columbia $375,750 $0 $375,750 $0 $559,030 $436,020 $682,040 $0 Dutchess $170,817 $179,926 $203,135 $139,925 $226,386 $416,384 $64,292 $144,450.22 Greene $0 $0 $0 $0 $0 $0 $0 $0 Orange $114,950 $134,792 $76,663 $181,881 $150,368 $158,342 $139,868 $168,190 Putnam $284,666 $299,185 $251,583 $284,904 $500,400 $338,506 $1,148,506 $257,295 Rockland $282,532 $227,712 $247,119 $410,800 $360,894 $194,500 $569,300 $368,967 Sullivan $115,653 $128,665 $105,253 $116,218 $119,741 $105,911 $115,906 $150,457 Ulster $154,242 $153,606 $163,052 $140,833 $205,575 $229,779 $173,970 $194,372 Westchester $559,007 $503,536 $705,272 $464,514 $474,804 $362,045 $643,341 $327,634 Hudson Valley $228,872 $221,345 $215,600 $257,533 $268,787 $254,642 $302,868 $231,422 Monthly Average Cost of Construction per Permit Non-single Family Construction (# of buildings) 2010 Counties Q2.10 June May April Q1.10 March February January Columbia $0 $0 $0 $0 $0 $0 $0 $0 Dutchess $0 $0 $0 $0 $0 $0 $0 $0 Greene $0 $0 $0 $0 $0 $0 $0 $0 Orange $625,894 $1,250,209 $663,667 $538,479 $333,058 $284,998 $393,134 $393,134 Putnam $0 $0 $0 $0 $0 $0 $0 $0 Rockland $488,571 $750,000 $384,000 $0 $2,040,000 $0 $2,040,000 $0 Sullivan $107,171 $160,756 $80,378 $80,378 $86,110 $86,110 $86,110 $86,110 Ulster $1,300,000 $1,300,000 $0 $0 $426,764 $0 $0 $426,764 Westchester $2,375,000 $4,500,000 $250,000 $0 $1,497,262 $200,000 $2,614,525 $740,000 $742,438 $1,660,145 $351,561 $523,209 $797,438 $238,887 $1,599,494 $407,828 Hudson Valley Source: U.S. Census Bureau Compiled by Bureau of Economic Research, School of Management, Marist College 32 8/14/2010 The Rate of Inflation Year-to-Year Percent Change in CPI-U Jan. 2004 to June 2010 Consumer Price Index (CPI-U) NY, NY -Northeastern NJ 2010 2009 2008 2007 2006 2005 2004 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2.39% 1.79% 2.14% 2.10% 2.16% 1.54% 1.52% 1.59% 0.84% 0.76% -0.10% -0.60% -1.12% -0.96% -0.62% 0.00% 1.82% 2.33% 3.67% 3.56% 3.81% 3.55% 3.99% 4.53% 5.11% 5.38% 5.16% 4.29% 2.18% 1.57% 2.72% 3.08% 2.91% 2.53% 2.50% 2.54% 2.48% 1.89% 2.43% 3.11% 3.89% 3.66% 3.75% 3.59% 2.73% 3.62% 4.82% 5.65% 4.99% 4.67% 3.29% 2.35% 2.60% 3.31% 4.10% 3.88% 4.42% 4.17% 3.42% 2.28% 3.41% 4.08% 4.81% 4.49% 3.91% 3.58% 2.67% 2.50% 3.20% 3.71% 3.86% 4.62% 3.95% 3.31% 3.16% 3.65% 3.91% 3.76% Average 2.02% 0.46% 3.90% 2.81% 3.78% 3.88% 3.53% 2010 Consumer Price Index (CPI-U) US City Average 2009 2008 2007 2006 2005 2004 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2.62% 2.12% 2.30% 2.23% 2.03% 1.07% 0.02% 0.23% -0.37% -0.73% -1.27% -1.42% -2.09% -1.51% -1.28% -0.18% 1.85% 2.74% 4.29% 4.03% 3.97% 3.93% 4.16% 5.01% 5.62% 5.38% 4.95% 3.69% 1.06% 0.10% 2.08% 2.42% 2.78% 2.57% 2.69% 2.69% 2.36% 1.97% 2.76% 3.52% 4.31% 4.06% 4.10% 3.88% 4.42% 4.17% 3.42% 2.28% 3.41% 4.08% 4.81% 4.49% 3.91% 3.58% 2.97% 3.01% 3.15% 3.51% 2.80% 2.53% 3.17% 3.64% 4.69% 4.35% 3.46% 3.42% 1.93% 1.69% 1.74% 2.29% 3.05% 3.27% 2.99% 2.65% 2.54% 3.19% 3.52% 3.26% Average 2.06% -0.33% 3.85% 2.85% 3.88% 3.39% 2.68% Source: U.S. Bureau of Labor Statistics Compiled by Bureau of Economic Research, School of Management, Marist College 33 8/14/2010 Total Sales Tax Collection 2009.Q1 - 2010.Q2 County 2010.Q2 2010.Q1 2009.Q4 2009.Q3 2009.Q2 2009.Q1 Columbia $7,454,435 $6,893,928 $6,907,394 $7,687,494 $7,989,991 $7,008,124 Dutchess $39,477,391 $33,237,422 $35,823,532 $35,797,119 $33,956,512 $34,133,431 Greene $6,235,581 $6,058,459 $5,856,613 $6,544,794 $6,241,669 $6,378,693 Orange $56,406,398 $51,822,130 $53,678,120 $54,232,791 $53,551,603 $52,442,111 Putnam $11,855,949 $10,639,164 $11,704,923 $12,086,192 $11,371,196 $10,740,232 Rockland $41,468,450 $39,637,960 $40,009,770 $41,670,303 $41,378,574 $41,073,424 Sullivan $8,487,915 $6,934,099 $7,288,227 $9,629,777 $8,918,534 $7,587,668 $24,201,456 $22,423,983 $22,502,569 $24,427,327 $22,174,842 $22,305,160 Westchester $112,996,212 $106,834,560 $104,366,233 $104,774,825 $101,254,065 $104,718,131 Hudson Valley $308,583,787 $284,481,705 $288,137,381 $296,850,622 $286,836,986 $286,386,974 Ulster Quarterly Percentage Change County 2010.Q2-2010.Q1 2010.Q1-2009.Q4 2009.Q4-2009.Q3 2009.Q3-2009.Q2 2009.Q2-2009.Q1 2009.Q1-2008.Q4 Columbia 8.13% -0.19% -10.15% -3.79% 14.01% 1.86% Dutchess 18.77% -7.22% 0.07% 5.42% -0.52% -8.04% Greene 2.92% 3.45% -10.51% 4.86% -2.15% 2.89% Orange 8.85% -3.46% -1.02% 1.27% 2.12% -1.73% Putnam 11.44% -9.11% -3.15% 6.29% 5.87% -10.36% Rockland 4.62% -0.93% -3.98% 0.71% 0.74% 0.97% Sullivan 22.41% -4.86% -24.32% 7.97% 17.54% -7.77% Ulster 7.93% -0.35% -7.88% 10.16% -0.58% -5.46% Westchester 5.77% 2.37% -0.39% 3.48% -3.31% -3.46% Hudson Valley 8.47% -1.27% -2.94% 3.49% 0.16% -3.41% Source: NYS Department of Taxation and Finance 34 Compiled by Bureau of Economic Research, School of Management, Marist College 8/31/2010 Percentage Change in Sales Tax Collection between 2nd Qt. 2010 and 1st Qt. 2010 Columbia 8.13% Dutchess 18.77% Greene 2.92% Orange 8.85% Putnam 11.44% Rockland 4.62% Sullivan 22.41% Ulster 7.93% Westchester 5.77% Hudson Valley 8.47% 25.00% 20.00% 15.00% 10.00% 5.00% 0.00% Percentage Change in Sales Tax Collection Year-Over-Year -6.70% 16.26% -0.10% 5.33% 4.26% 0.22% -4.83% 9.14% 11.60% 7.58% 20.00% 15.00% 10.00% 5.00% 0.00% Columbia Dutchess Greene Orange Putnam Rockland Sullivan Ulster Westchester Hudson Valley -5.00% -10.00% Source: NYS Department of Taxation and Finance 35 Compiled by Bureau of Economic Research, School of Management, Marist College 8/31/2010