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Selected Economic Indicators
Period
Current
Previous
Year
Ago
Period Change
Year Change
General Indicators 
Consumer confidence
May-07
108
106.3
104.7
1.60%
3.20%
Arizona Business Conditions Index
May-07
59.3
60.1
59.1
-1.30%
0.30%
Institute for Supply Management Index - U.S.
May-07
55
54.7
54.4
0.50%
1.10%
National Savings (%)
Apr-07
-1.3
-0.7
-0.4
-0.60%
-0.90%
Gross Domestic Product (chained) - U.S.
Q1:2007
11,531.70
11,513.00
11316.4
0.70%
1.90%
Gross Metropolitan Product
(billion $)
2005
153.2
136.2
N/A
12.50%
N/A
Weekly Leading Index (Monthly)
May-07
141.5
139.9
136.6
1.10%
3.60%
 
Income and Expenditures
New Orders for Durable Goods, SA (billion $)
Apr-07
217.9
216.6
210.2
0.60%
3.70%
Retail Sales - Greater Phoenix (million $)
Feb-07
4,582.90
4,606.80
4,430.10
-0.50%
3.40%
Retail Sales - U.S. (million $)
Apr-07
372,631
372,876
357,334
-0.10%
4.30%
 
Costs
Greater Phoenix CPI - All Urban Consumers, NSA
2nd Half:2006
112.3
110.6
109.2
1.50%
2.80%
U.S.CPI - All Urban Consumers, SA
May-07
207.4
206
201.9
0.70%
2.70%
PPI Finished Goods NSA
May-07
167.8
165.8
161.2
1.20%
4.10%
 
Employment and Labor Force
Greater Phoenix Non-Farm Employment (thousands)
May-07
1,913.90
1,912.90
1,846.60
0.10%
3.60%
U.S. Non-Farm Employment (thousands)
May-07
138,533
137,653
136,629
0.60%
1.40%
Greater Phoenix Unemployment Rate, SA (%)
May-07
2.9
3.3
3.4
-0.40%
-0.50%
U.S. Unemployment Rate, SA (%)
May-07
4.5
4.5
4.6
0.00%
-0.10%
 
Housing and Real Estate
Residential Building Permits - Greater Phoenix
Apr-07
3,059
4,942
4,373
-38.1%
-30.0%
Residential Building Permits - United States
Apr-07
128,055
139,222
164,884
-8.00%
-22.3%
Office Vacancy Rate - Greater Phoenix (%)
Q1:2007
11.9
11.1
11.3
0.80%
0.60%
Industrial Vacancy Rate - Greater Phoenix (%)
Q1:2007
7.4
6.7
6
10.80%
1.40%
 
SA - seasonally adjusted
NSA - not seasonally adjusted 
Updated: June 19, 2007
 
 

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