Beyond The Great Recession: 2020

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Beyond The Great Recession: 2020 . A Regional Summit for the Communities of South Central Pennsylvania June 13, 2012 York Holiday Inn, York, PA . The Center for Rural Pennsylvania. - PowerPoint PPT Presentation

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<p>PowerPoint Presentation</p> <p> Beyond The Great Recession: 2020 A Regional Summitfor the Communities of South Central Pennsylvania</p> <p>June 13, 2012 York Holiday Inn, York, PA </p> <p>The Center for Rural PennsylvaniaLegislative sevice agency of the Pennsylvania General Assembly (Rural Revitalization Act of 1987, amended Act 52, 2009)MandatesAdminister grants to conduct research on rural conditions.Maintain a database on rural conditions and needs.</p> <p>Population Density, 2010 (Number of Persons Per Square Land Mile)Data source: U.S. Census Bureau3</p> <p>1960PopulationDistribution2010 PopulationDistributionData source: U.S. Census Bureau</p> <p>4South Central Region is Growing</p> <p>Population in South Central Pennsylvania , 1900-2030 (projected)Data source: U.S. Census Bureau &amp; Penn State Data CenterSouth Central Regions Municipal Population 1960 to 2010Data source: U.S. Census Bureau7Out-of-State In-Migration to andOut-Migration from South Central Pennsylvania 1991-92 to 2009-10Data source: IRS8Birth and Death Rates in South Central Pennsylvania, 1970-2010Rate = Deaths/live births per 1,000 population Data source: PA Dept Health and U.S. Census Bureau9</p> <p>Municipalities with Population Decline, 2000 - 2010Data source: U.S. Census Bureau10South Central Region is Aging &amp; Becoming More Diverse</p> <p>Children &amp; Youth and Senior Citizens in South Central Region, 1950 to 2030 (projected)Data source: U.S. Census Bureau &amp; Penn State Data CenterMinorities, 2010South Central RegionPennsylvaniaPennsylvaniaWhite/Non-Hispanics = 10,094,652Minorities = 2,607,727</p> <p>South Central RegionWhite/Non-Hispanics = 1,600,935Minorities = 287,550</p> <p>Data source: U.S. Census Bureau13Non-WhitesNon-Whites as Percent of Population, 1960-2010Non-Whites by Municipality, 2010Data source: U.S. Census Bureau</p> <p>1 Dot = 10 People14Hispanics/LatinosHispanics/Latinos by Municipality, 2010Hispanics/Latinos as Percent of Population, 1980-2010Data sources: U.S. Census Bureau</p> <p>1 Dot = 10 People15Economic Stability and Growth</p> <p>Employers and Employees in South Central Pennsylvania, 1980 to 2010EmployeesEmployersData source: PA Dept. Labor &amp; Industry17Employment by Industry in South Central Region, 2001 and 20112nd Qt. 2001(818,034 Employees)2nd Qt. 2011(833,413 Employees)Data source: PA Dept. Labor &amp; IndustryPercent Change in Employment by Industry in South Central Region, 2nd Qt. 2001 to 2nd Qt. 2011Data source: PA Dept. Labor &amp; IndustryUnemploymentFirst Quarter 2012 Unemployment Rates (Not Seasonally Adjusted)</p> <p>Average Annual Unemployment Rates, 1970-2011Data source: PA Dept. Labor &amp; Industry20Average Wages and SalariesInflation Adjusted Average Wages and Salaries, 1970-2010Average Wages and Salaries, 2010</p> <p>Data source: U.S. Bureau of Economic Analysis, Wages adjusted for inflation using the CPI-U with 2010=10021Bank Deposits, 1995-2011Bank Deposits per Capita, June 2011Inflation Adjusted Bank Deposits per Capita, 1995-2011Data sources: FDIC and U.S. Census Bureau</p> <p>22Labor Force Participation(Persons 16+ Years Old)Labor Force Participation Rate, 1970-2010Employment: Full-/Part-Time, Year Round/Seasonal, 2010Data sources: PA Dept. Labor &amp; Industry and U.S. Census BureauData source: 2010 ACS-PUMS, U.S. Census Bureau23</p> <p>Getting To WorkAverage Commute Time to Work (in Minutes), 1990-2010Percent of Persons Working in the Municipality Where They Live, 2006-10</p> <p>Data source: 2006-2010 ACS, U.S. Census BureauData source: 1990 Census, 2000 Census and 2010 ACS-PUMS, U.S. Census BureauSources of Personal Income in South Central Region, 1970 and 20101970$5.23 Billion ($29.41 Billion Inflation Adjusted)2010$69.78 BillionData source: U.S. Bureau of Economic Analysis, Wages adjusted for inflation using the CPI-U with 2010=100Slow Housing Market</p> <p>New Housing Permits Issued in South Central RegionPermits Issued, 1990-2011Permits Issued, 2011</p> <p>Data source: U.S. Census Bureau</p> <p>Homeowners at Risk of Foreclosure (Act 91 Notices), 2008-2011Act 91 Notices per 1,000 South Central Region Homeowners *, 2008-2011Homeowners at Risk of Foreclosure (Act 91 Notices) per 1,000 Homeowners* By County, 1st Quarter, 2011*2010 Census Owner-occupied data was used in the dominator Data source: Pennsylvania Housing Finance Agency</p> <p>Housing Affordability: Ratio of Household Income Housing Payments, 2010Mortgage Payer HomeownersRentersData source: 2010 ACS-PUMS U.S. Census BureauStrong Agricultural Sector</p> <p>Ag sales, 2010Data source: U.S. Bureau of Economic AnalysisNumber of Acres of Farmland, 1930-2007Data sources: National Agricultural Statistics Service32Municipal Revenues</p> <p>Number of South Central Municipalities with a Deficit, 2005-2010Municipalities with Deficits, 2010Data sources: Governor's Center for Local Government Services</p> <p>Municipal Tax RevenuesInflation Adjusted Municipal Tax Revenues Per Capita, 2005-2010Municipal Tax Revenues Per capita, 2010Data sources: Governor's Center for Local Government Services</p> <p>Adult (25+) Educational Attainment in South Central Region% Adults with Bachelors Degree or Higher, 1990-2010Highest Level of Adult Educational Attainment in South Central Region, 2010Data sources: 1990 Census, 2000 Census and 2010 ACS-PUMS, U.S. Census BureauConclusionsSouth Center region came through the Great Recession less bruised than the rest of the stateRecovery from the Great Recession has been slowDemographically South Central region is growing, it is also young and becoming more diverseThe South Central region is not homogeneous in terms of economy, population change, income, etc.South Central region does not reflect statewide conditions good or bad.625 Forster St, Room 902 Health and Welfare BuildingHarrisburg, PA 17120(717) 787-9555www.rural.palegislature.usBarry L. DenkDirector </p> <p>38</p>