Market indicators, November 2013

Market indicators are updated monthly. They include the most recently available data. Expanded statistics are available in print editions of The Bellingham Business Journal.

Jobs: Unemployment drops, but bankruptcies rise

Unemployment rate
Includes non-seasonally adjusted figures in Whatcom County

August 2013: 6.5 percent (initial estimate)
August 2012: 7.7 percent
Change: 1.2 percent decrease

Source: Washington State Employment Security Department

Jobless benefit claims
Includes continued unemployment benefit claims in Whatcom County

September 2013: 1,756
September 2012: 2,201
Change: 20.22 percent decrease

Source: Washington State Employment Security Department

Total nonfarm employment
Includes non-seasonally adjusted figures in Whatcom County

August 2013: 82,100 (initial estimate)
August 2012: 79,700
Change: 3.01 percent increase

Source: Washington State Employment Security Department

Bankruptcies
Includes Chapters 7, 11, 13 in Whatcom County

September 2013: 43
September 2012: 34
Change: 26.47 percent increase

Source: U.S. Bankruptcy Court, Western District of Washington 

 

Spending: Canadian exchange under a dollar as holidays near

Sales-tax distribution
Includes basic and optional local sales tax to Bellingham

September 2013: $1,742,823.07
September 2012: $1,590,696.90
Change: 9.56 percent increase

Source: Washington State Department of Revenue

Motor vehicle registrations
Includes original registrations in Whatcom County

September 2013: 1,063
September 2012: 911
Change: 16.68 percent increase

Source: Washington State Department of Licensing

Canadian dollar
Includes monthly averages (Canadian-to-U.S.) at market closing

September 2013: $0.97
September 2012: $1.02
Change: 4.9 percent decrease

Source: Bank of Canada

Border traffic
Includes southbound passenger-vehicle crossings into Whatcom County

April 2013: 545,964
April 2012: 549,520
Change: 0.65 percent decrease

Source: U.S. Department of Transportation

 

Housing: Average price tops $300K for first time in 21 months

Average home sale price
Includes single-family homes and condos in Whatcom County

September 2013: $301,552
September 2012: $277,578
Change: 8.64 percent increase

Source: Northwest Multiple Listing Service

Median home sale price
Includes single-family homes and condos in Whatcom County

September 2013: $269,000
September 2012: $239,944
Change: 12.11 percent increase

Source: Northwest Multiple Listing Service

Closed residential sales
Includes single-family homes and condos in Whatcom County

September 2013: 259
September 2012: 216
Change: 19.91 percent increase

Source: Northwest Multiple Listing Service

Pending residential sales
Includes single-family homes and condos in Whatcom County

September 2013: 303
September 2012: 271
Change: 11.81 percent increase

Source: Northwest Multiple Listing Service

Foreclosure rate
Includes foreclosures in Whatcom County

August 2013: 1.17 percent
August 2012: 1.47 percent
Change: 0.3 percent decrease

Source: CoreLogic

Mortgage delinquency rate
Includes delinquencies in Whatcom County

August 2013: 3.33 percent
August 2012: 4.32 percent
Change: 0.99 percent decrease

Source: CoreLogic

 

Other factors: City, county building values similar in September

Airport traffic
Includes total enplanements at Bellingham International Airport

September 2013: 41,959
September 2012: 40,936
Change: 2.5 percent increase

Source: Port of Bellingham 

Cruise terminal traffic
Includes inbound/outbound passengers at Bellingham Cruise Terminal

September 2013: 1,823
September 2012: 2,513
Change: 27.46 percent decrease

Source: Port of Bellingham 

Bellingham building permit values
Includes total building-permit valuation in Bellingham

September 2013: $8,657,051
September 2012: $6,427,792
Change: 34.68 percent increase

Source: City of Bellingham

Whatcom County building permit values
Includes total building-permit valuation in unincorporated areas of Whatcom County

September 2013: $8,707,041
September 2012: $17,241,218
Change: 49.5 percent decrease

Source: Whatcom County Planning & Development Services

Evan Marczynski, staff reporter for The Bellingham Business Journal, can be reached at 360-647-8805, Ext. 5052, or evan@bbjtoday.com.

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