california partnership for the san joaquin...

20
Publication of this report was made possible by the generous support of The California Endowment. South San Joaquin Valley Prepared by

Upload: others

Post on 24-Aug-2020

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

!

Publication+of+this+report+was+made+possible+by+the+

generous+support+of+The+California+Endowment.+

South+San+Joaquin+Valley+���������� �������� ������ ������������+

Prepared+by+

Page 2: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

$=>H EM2A>31JDC O1H EG5E1G54 2QT

�1A>6DGC>1 #I1I5 %C>N5GH>IQS �DH �C<5A5HhghUhihUhlleOOOU 1I�GDOC�CHJIMI5UDG<

�=G>HIDE=5G $=DGC25G< �DG41C �U �5N>C5�DMC4>C< 1GIC5G �3DCDB>HI a �>G53IDG D6 �3DCDB>3 "5H51G3=jlll 'U �5CIMGQ �AN4US #M>I5 mnj jlll 'U �5CIMGQ �AN4US #M>I5 mnj�DH �C<5A5HS �1A>6DGC>1 neeij �DH �C<5A5HS �1A>6DGC>1 neeijhfeUjlfUhhnn igiUkikUikjg�=G>Hb�513DC�3DCU3DB �DG41Cb�513DC�3DCU3DB

�C4 2QT

�MHJC #3=G145G "1615A �5 �C41 �G>3 �5MP �G>1C &1C45GEA1H M2A>3 DA>3Q �1C1<5G "5H51G3= GD?53I �1C1<5G #GU "5H51G3= �HHD3>1I5 #GU "5H51G3= �HHD3>1I5

�=G>HJ1C �GMR �1P #1>1 �A1C �DDE5G"5H51G3= �HHD3>1I5 "5H51G3= �HHD3>1I5 "5H51G3= �HHD3>1I5

�DG 6MGI=5G >C6DGB1JDC 12DMI �513DC �3DCDB>3HS EA51H5 3DCI13IT

">3@ #B>I=�>G53IDG D6 �MH>C5HH �5N5ADEB5CI�513DC �3DCDB>3HmjmUnnlUfmhi">3@b�513DC�3DCU3DB

�G N>H>I DMG O52H>I5 1I OOOU�513DC�3DCU3DBU

"5EGD4M3JDC D6 I=>H 4D3MB5CI DG 1CQ EDGJDC I=5G5>C >H EGD=>2>I54 O>I=DMI I=5 5PEG5HH54 OG>K5C E5GB>HH>DC D6 �513DC �3DZ

CDB>3HU �DEQG><=I cgefj 2Q �513DC �3DCDB>3H ���U

Page 3: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

�+)*/. �*/./-,*0 �52GM1GQ gefj

$=5 #DMI= #1C �D1FM>C &1AA5Q ]458C54 >C I=>H G5EDGI 1H�G5HCDS �5GCS �>C<HS 1C4 $MA1G5 �DMCJ5H^ >H =DB5 ID MGZ21C 35CI5GH >C3AM4>C< �1@5GH85A4S �G5HCDS 1C4 &>H1A>12MI >H 1AHD I=5 =51GI D6 �1A>6DGC>1VH N1HI 1<G>3MAIMG1A H53ZIDGU $=5 G5<>DC 2D1HIH 1 2GD14Z21H54S <GDO>C< 53DCDBQI=1I =1H EDHI54 G53DG4 =><=H >C DMIEMIS 5BEADQB5CIS1C4 3DCHMB5G HE5C4>C< >C I=5 BDHI G535CI FM1GI5GHU

$=5 G5<>DC HJAA 6135H 1 CMB25G D6 3=1AA5C<5HS HM3= 1HB1>CI1>C>C< 1<G>3MAIMG1A EGD4M3JN>IQ >C I=5 6135 D6 H5NZ5G1A N5GQ 4GQ Q51GH 1C4 HMHI1>C>C< 53DCDB>3 <GDOI= >CI=5 6135 D6 61AA>C< 5C5G<Q EG>35HU �DC5I=5A5HHS gefi O1H1CDI=5G <G51I Q51G 6DG I=5 #DMI= #1C �D1FM>C &1AA5QS 1C4I=5 <GDOI= >C 5BEADQB5CIS 3DCHMB5G HE5C4>C<S =DB5EG>35HS 1C4 DI=5G >C4>31IDGH HM<<5HI I=1I gefj O>AA 25H>B>A1GU

6

8

10

12

14

16

18

20

Une

mpl

oym

ent R

ate

(%, S

A)

600

625

650

675

700

725

750

Non

farm

Em

ploy

men

t (00

0s, S

A)

Feb-05 Feb-07 Feb-09 Feb-11 Feb-13 Feb-15

Nonfarm Employment Unemployment Rate

Source: California Employment Development Department

South San Joaquin Valley, Feb-05 to Feb-15Nonfarm Employment and Unemployment Rate

100

110

120

130

140

150

Inde

x (2

003

= 10

0)

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Tulare County Fresno CountyKern County Kings CountyCalifornia

Source: U.S. Bureau of Economic Analysis

Selected Counties and California, 2003 to 2013Real GDP Growth

��* �������$

$DI1A CDC61GB E1QGDAA 5BEADQB5CI =1H 5P355454 >IHEG5ZG535HH>DC E51@ 2Q hUmwU'5 6DG531HI I=1I 5BEADQZB5CI O>AA <GDO 2Q GDM<=AQ hw >C gefj 1C4 gefkU

�5OAQ G5N>H54 25C3=B1G@ 5HJB1I5H D6 5BEADQB5CI>C I=5 #DMI= #1C �D1FM>C &1AA5Q E1>CI 1 3DBEA5I5AQ 4>6Z65G5CI E>3IMG5 D6 I=5 G5<>DCVH ?D2 <GDO >C gefiZZ I=5#DMI= #1C �D1FM>C &1AA5Q =1H CDI 255C IG1>A>C< I=5 C1ZJDC >C ?D2 <GDOI=S 2MI =1H 255C A514>C< >IU

�<G>3MAIMG1A EGD4M3JDC41I1 HM<<5HI I=1I I=5 4GQ HE5AAI=GDM<=DMI �1A>6DGC>1 =1H CDI >BE13I54 I=5 61GB>C<>C4MHIGQ >C I=5 #DMI= #1C �D1FM>C &1AA5Q ID 1 H><C>8Z31CI 45<G55U

�DCHMB5G HE5C4>C< >C I=5 #DMI= #1C �D1FM>C &1AZA5Q <G5O I=GDM<=DMI gefiS I=DM<= 1I 1 HADO5G E135I=1C >C gefhU �DCHMB5G HE5C4>C< =1H CDC5I=5A5HHG513=54 1 G53DG4Z=><= A5N5A >C I=5 G5<>DCU

$=5 MC5BEADQB5CI G1I5 >C I=5 #DMI= #1C �D1FM>C &1AZA5Q >H G5A1JN5AQ =><= 1I feUkwS 2MI >I 65AA 1 6MAA E5G35CIZ1<5 ED>CI DN5G I=5 E1HI Q51G 1C4 H=DMA4 3DCJCM5 ID61AA >C gefjU

'1<5H >C I=5 G5<>DC 1G5 G>H>C<S 5HE53>1AAQ >C =><=ZH@>AA54 H53IDGH A>@5 GD65HH>DC1AS #3>5CJ83S 1C4 $53=ZC>31A #5GN>35HU

�DB5 EG>35H >C I=5 #DMI= #1C �D1FM>C &1AA5Q >CZ3G51H54 2Q DN5G nw 6GDB I=5 I=>G4 FM1GI5G D6 gefh IDI=5 I=>G4 FM1GI5G D6 gefiS 2MI 2M>A45GH G5B1>C =5HZ>I1CI ID 2M>A4 I=5 @>C4 D6 HID3@ C55454 ID HI12>A>R5=DB5 EG>35 1EEG53>1JDC >C I=5 G5<>DCU

$=5 EDEMA1JDC D6 I=5 #DMI= #1C �D1FM>C &1AA5Q <G5O2Q fiw DN5G I=5 A1HI 453145S 3DBE1G54 ID GDM<=AQ nwI=GDM<=DMI �1A>6DGC>1U

5GHDC1A >C3DB5 >C I=5 G5<>DC <G5O 2Q hUiw DN5G I=5E1HI Q51GS 3DBE1G54 ID gUmw >C I=5 HI1I5 DN5G1AAU

#DMI= #1C �D1FM>C &1AA5Q f �52GM1GQ gefj

Page 4: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

�+)*/. �*/./-,*0 �52GM1GQ gefj

�C �MC5 gefiS I=5 1I �GDOC �CHJIMI5 1C4 �513DC �3DZCDB>3H EM2A>H=54 ��� �� �� ��� ���� �� ����$( �������� �� ��� ������ ������ ]=5G5>C1;5G W"5EDGIX^S O=>3=6DMC4 I=1I 21H54 DC 6MC41B5CI1A >C4>31IDGH D6 I=5 53DCZDBQ D6 I=5 #DMI= #1C �D1FM>C &1AA5Q G5<>DC ]�G5HCDS�5GCS �>C<HS 1C4 $MA1G5 �DMCJ5H^S HM3= 1H 5BEADQB5CIS3DCHMB5G HE5C4>C<S 1C4 G51A 5HI1I5S I=5 G5<>DC O1HEG>B54 6DG <GDOI= >C I=5 6MIMG5U �D2 <GDOI= >C =><=5GZH@>AA54S =><=5GZO1<5 H53IDGH 1C4 ADO5GZH@>AA54S ADO5GZO1<5 H53IDGH 1A>@5 O1H HIGDC<U �GDHH B5IGDEDA>I1C EGD4ZM3I <GDOI= O1H 2DAHI5G54 2Q 1 HMG<>C< 5C5G<Q H53IDGSO>I= 2DI= 1AI5GC1JN5 1C4 3DCN5CJDC1A 5C5G<Q EGD?53IH]D>AY<1H 5PIG13JDC^ 2G>C<>C< C5O 53DCDB>3 13JN>IQ IDI=5 G5<>DCU �DB52M>A4>C<S O=>3= =14 I1E5G54 D7 4MGZ>C< I=5 G535HH>DCS O1H DC I=5 G>H5U �DCHMB5G 1C4 2MH>ZC5HH HE5C4>C< =14 G513=54 1 C5O =><=U �I I=5 JB5 I=5"5EDGI O1H G5A51H54S HDB5 gefi 41I1 O1H CDI Q5I 1N1>AZ12A5U $=>H ME41I5 H5GN5H ID 2G>C< I=5 "5EDGI ME ID 41I51C4 ID H=DO O=5I=5G I=5 DMIADD@ 6DG I=5 G5<>DC =1H3=1C<54 >C I=1I JB5U

#>C35 I=5 G5A51H5 D6 I=5 "5EDGIS I=5 #DMI= #1C �D1FM>C&1AA5Q =1H 3DCJCM54 >IH DC<D>C< G53DN5GQS 1A25>I 1I 1BDG5 BD45HI E135 I=1C >C G535CI Q51GHU '=>A5 I=5 G5Z<>DC 3DCJCM5H ID EDHI G53DG4 =><=H 6DG DMIEMIS 5BEADQZB5CI 1C4 I1P12A5 H1A5HS I=5 1G51 4D5H 6135 1 CMB25G D63=1AA5C<5HS O=>3= 1G5 4>H3MHH54 >C BDG5 45I1>A =5G5 1C4>C I=5 EG5N>DMH 54>JDC D6 I=>H G5EDGIU

�5HE>I5 1 N1G>5IQ D6 3=1AA5C<5HS I=5 A1HI 65O 453145H I5AA1 HIDGQ D6 53DCDB>3 HM335HH 6DG I=5 #DMI= #1C �D1FM>C&1AA5QU �H 45I1>A54 >C I=5 3DBEG5=5CH>N5 G5EDGI I=1I EG5Z35454 I=>H ME41I5S I=5 G5<>DC =1H 255C =DB5 ID HDB5 D6�1A>6DGC>1VH 61HI5HI <GDO>C< B5IGDEDA>I1C 1G51H DN5G I=5A1HI 65O 453145HS O>I= 1N5G1<5 1CCM1A <GDOI= DMIE13>C<I=5 A>@5H D6 #1C �DH5 1C4 #1C �G1C3>H3D 6GDB fnne ID I=5EG5H5CIU �DG5DN5GS DMG DEJB>HB 6DG I=5 G5<>DC <D>C<6DGO1G4 3DCJCM5HU '=>A5 I=5 #DMI= #1C �D1FM>C &1AA5Q>H =DB5 ID 1 H><C>831CI EDGJDC D6 �1A>6DGC>1VH 1<G>3MAIMG5>C4MHIGQS >I >H 61G 6GDB 1 WDC5ZIG>3@ EDCQUX $=5 #DMI= #1C�D1FM>C &1AA5Q >H >C I=5 B>4HI D6 1C 1AI5GC1JN5 5C5G<Q

2DDBS O=>3= >H =5AE>C< I=5 G5<>DC 3DCJCM5 ID 4>N5GH>6Q>IH 53DCDBQU

�AI=DM<= I=5 DN5G1AA DMIADD@ 6DG I=5 #DMI= #1C �D1FM>C&1AA5Q >H EDH>JN5S I=5 G5<>DC 4D5H 6135 1 CMB25G D6 =514ZO>C4HU �DG 5P1BEA5S I=5 G535CI HI1I5 O1I5G 3G>H>H =1H255C 1 B1K5G D6 3DC35GC 6DG I=5 1<G>3MAIMG5 >C4MHIGQU'=>A5 CDI 1H H5N5G5 1H I=5 =514A>C5H ODMA4 HM<<5HIS I=5#DMI= #1C �D1FM>C &1AA5Q 4>4 5PE5G>5C35 1 B>CDG EMAAZ213@ >C 1<G>3MAIMG1A 13JN>IQ >C gefiU �1GB 5BEADQB5CI453A>C54 2Q fUjw 6GDB �52GM1GQ gefi ID �52GM1GQ gefj1C4 1<G>3MAIMG5 5PEDGIH 6DG I=5 HI1I5 D6 �1A>6DGC>1 =1N561AA5C 6GDB DC5 Q51G 1<DU #D 61GS =DO5N5GS I=5 41I1 HM<Z<5HIH I=1I I=5 1<G>3MAIMG5 >C4MHIGQ =1H Q5I ID H55 I=5B1Z?DG 4GDM<=IZ4G>N5C 3DCIG13JDC I=1I =14 255C 5PE53I54U

100

102

104

106

108

110In

dex

(Jan

-12

= 10

0, S

A)

Jan-12 Jul-12 Jan-13 Jul-13 Jan-14 Jul-14 Jan-15

S. San Joaquin Valley Rest of California

Source: California Employment Development Department

Southern San Joaquin Valley, Jan-12 to Feb-15Nonfarm Employment Index

�5HE>I5 I=5H5 3=1AA5C<5HS I=5 DN5G1AA 4>G53JDC D6 I=5#DMI= #1C �D1FM>C &1AA5QVH 53DCDBQ G5B1>CH EDH>JN5U�DCH>45G 5BEADQB5CIT O=>A5 61GB ?D2H O5G5 4DOC DN5GI=5 Q51GS CDC61GB 5BEADQB5CI >C I=5 #DMI= #1C �D1FM>C&1AA5Q 5PE1C454 2Q hUhw 6GDB �52GM1GQ gefi ID �52GMZ1GQ gefjS O=>3= EMIH >I ?MHI 1=514 D6 I=5 HI1I5 DN5G1AA]hUfw^U �44>JDC1AAQS 1H B5CJDC54 >C I=5 "5EDGIS I=5#DMI= #1C �D1FM>C &1AA5Q =1H H55C 1C 5PE1CH>DC >C 2DI==><=5GZH@>AA54S =><=5GZO1<5 H53IDGH 1C4 >C ADO5GZH@>AA54SADO5GZO1<5 H53IDGHU

�44>JDC1AAQS C5OAQ G5N>H54 25C3=B1G@ 5HJB1I5H D6 5BZEADQB5CI >C I=5 #DMI= #1C �D1FM>C &1AA5Q E1>CI 1 3DBZEA5I5AQ 4>75G5CI E>3IMG5 D6 I=5 G5<>DCVH ?D2 <GDO >C gefiU

#DMI= #1C �D1FM>C &1AA5Q g �52GM1GQ gefj

Page 5: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

�+)*/. �*/./-,*0 �52GM1GQ gefj

'>I= I=5 C5O G5N>H>DCHS <GDOI= >C I=5 #DMI= #1C �D1FM>C&1AA5Q ]6GDB �535B25G gefh ID �535B25G gefi^ >BZEGDN54 6GDB 1C 5HJB1I54 fUnw ID hUiwS EMLC< I=5#DMI= #1C �D1FM>C &1AA5Q O5AA 1=514 D6 I=5 gUhw <GDOI=>C I=5 C1JDC DN5G I=5 H1B5 E5G>D4U

$=5 #DMI= #1C �D1FM>C &1AA5Q =1H 1AHD H55C 3DCJCM54<1>CH >C 53DCDB>3 <GDOI=U �GDB gefg ID gefhS �GDHH�5IGDEDA>I1C GD4M3I ]�� ^ >C I=5 G5<>DC 5PE1C454 2QgUmwS DMIE13>C< I=5 gUew 5PE1CH>DC >C I=5 HI1I5 DN5G1AADN5G I=5 H1B5 E5G>D4U #>B>A1GAQS I=5 #DMI= #1C �D1FM>C&1AA5Q =1H 3DCJCM54 ID EDHI <1>CH >C I1P12A5 H1A5H ]2MH>ZC5HH 1C4 3DCHMB5G HE5C4>C<^U �GDB I=5 H53DC4 FM1GZI5G D6 gefh I=GDM<= I=5 H53DC4 FM1GI5G D6 gefhS I1P12A5H1A5H >C I=5 G5<>DC >C3G51H54 gUhwU �C 144>JDCS I=5 G5Z35CI 4GDE >C D>A EG>35H O>AA EGDN>45 1 O5A3DB5 2DDHI >Cgefj 6DG B1CQ =DMH5=DA4H O=DH5 B5B25GH >C I=5 G5Z<>DC 1G5 CDO H1N>C< DC 6M5A 2>AAHU

5.0

5.5

6.0

6.5

Shar

e (%

)

2000 2002 2004 2006 2008 2010 2012 2014Source: California Department of Finance

South San Joaquin Valley, 1990 to 2014Share of Statewide Population

�GDOI= >C I=5 G5<>DC_H EDEMA1JDC 21H5 >H 3DCJCM>C< IDDMIE135 I=5 HI1I5U �H B5CJDC54 >C I=5 "5EDGIS H>C35fnneS I=5 #DMI= #1C �D1FM>C &1AA5Q =1H H55C >IH CMBZ25G D6 G5H>45CIH 5PE1C4 1I 1 BDG5 GD2MHI E135 I=1C I=5EDEMA1JDC >C I=5 HI1I5 DN5G1AAU �DO5N5GS >C:M5C3>C< DMGDEJB>HB 6DG I=5 G5<>DC_H 6MIMG5 >H CDI H>BEAQ I=1I >I >H<GDO>C< >C 12HDAMI5 I5GBHS 2MI I=1I >I >H 3DCJCM>C< IDDMIE5G6DGB I=5B1?DG>IQ D6 DI=5G E1GIH D6 I=5 HI1I5U $=>H>H B1@>C< I=5 G5<>DC 1C >C3G51H>C<AQ >BEDGI1CI E1GI D6I=5 HI1I5O>45 53DCDBQ 1H >IH H=1G5 D6 �1A>6DGC>1_H EDEMZA1JDC <GDOHU�DG5DN5GS O>I= 1C 5PE1C4>C< A12DGB1G@5I

1C4 17DG412A5 AD31A =DB5 EG>35HS B><G1CIH 6GDB DI=5GE1GIH D6 I=5 HI1I5 1C4 3DMCIGQ O>AA 3DCJCM5 ID 25 4G1OCID I=5 G5<>DC >C I=5 3DB>C< Q51GHU

�DCHIGM3JDC 13JN>IQ >C I=5 #DMI= #1C �D1FM>C &1AA5Q >H3DCJCM>C< ID H=DO HIG5C<I=U #DA1G EGD?53IH 4DB>C1I5I=5 3DBB5G3>1A B1G@5I >C I=5 G5<>DCS O>I= I=5 1CCMZ1A>R54 N1AM5 D6 E5GB>IH 6DG HDA1G EGD?53IH >C3G51H>C< 2QhiUmw 6GDB �DN5B25G gefh ID �DN5B25G gefiU �44>ZJDC1AAQS I=5 3DCJCM54 5PE1CH>DC D6 I=5 G5<>DCVH EDEZMA1JDC 21H5 >H 31I3=>C< I=5 5Q5 D6 G5H>45CJ1A 2M>A45GHU�C4554S G5H>45CJ1A E5GB>LC<S O=>A5 CDI 5PE1C4>C< H><ZC>831CIAQS G5B1>C54 HDA>4 >C gefiU �MG>C< I=5 8GHI 5A5N5CBDCI=H D6 gefiS I=5G5 O5G5 jShgk G5H>45CJ1A MC>IH E5GZB>K54 >C I=5 #DMI= #1C �D1FM>C &1AA5QS 1 B>C>B1A eUhw>C3G51H5 6GDB I=5 H1B5 E5G>D4 DC5 Q51G 1<D 2MI 1 hnUew<1>C 6GDB I=5 H1B5 E5G>D4 IOD Q51GH 1<DU

100

105

110

115

Inde

x (Q

1-00

= 1

00, S

A)

Q1-12 Q3-12 Q1-13 Q3-13 Q1-14 Q3-14

S. San Joaquin Valley California

Source: California Board of Equalization

Southern San Joaquin Valley, Q1-03 to Q3-14Taxable Sales Index

$=5 G5<>DCVH 5C5G<Q 2DDB 3DCJCM5H ID 25 4>N5GH5 1C41 4G>N>C< 6DG35 25=>C4 ?D2 13JN>IQU �� 41I1 HM<<5HIHS=DO5N5GS I=1I I=5 5C5G<Q >C4MHIGQ 1EE51G54 ID I1@5 1HI5E 213@ >C gefhS 1C4 O>I= I=5 G535CI 4>E >C D>A EG>35HO>AA A>@5AQ 4D HD 1<1>C >C gefiU �I G5B1>CH ID 25 H55C 5PZ13IAQ =DO I=5 G5<>DCVH D>A 1C4 <1H 5PIG13JDC2MH>C5HHO>AA25 1753I54 2Q I=5 G535CI 4>E >C D>A EG>35HS U �I >H 253DBZ>C< >C3G51H>C<AQ A>@5AQS =DO5N5GS I=1I I=5 4GDE >C EG>35H3DMA4 =1N5 1 H><C>831CI >BE13I DC EGDE5GIQ I1P5HS E1GJ3ZMA1GAQ >C �5GC �DMCIQ ]4>H3MHH54 >C BDG5 45I1>A >C HM2H5ZFM5CI H53JDCH^U �5N5GI=5A5HHS MCA>@5 DI=5G 1G51H 13GDHHI=5 3DMCIGQS I=5 #DMI= #1C �D1FM>CVH 5C5G<Q H53IDG >H CDI

#DMI= #1C �D1FM>C &1AA5Q h �52GM1GQ gefj

Page 6: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

�+)*/. �*/./-,*0 �52GM1GQ gefj

G5HIG>3I54 ID D>A 1C4 <1H 5PIG13JDCS O=>3= 133DMCIH 6DGA5HH I=1C fw D6 I=5 G5<>DCVH ODG@6DG35U �H H=DOC >C I=5"5EDGIS I=5 1G51 >H 3DCJCM>C< ID H55 1 G>H5 >C 1AI5GC1JN55C5G<Q HDMG35HS >C3AM4>C< H5N5G1A A1G<5ZH31A5 O>C4 1C4HDA1G EGD?53IHU

�DCJCM54 DEJB>HB 12DMI I=5 6MIMG5 D6 I=5 #DMI= #1C�D1FM>C &1AA5Q >H A1G<5AQ 2DGC5 DMI 2Q I=5 EGD<G5HH I=5G5<>DC =1H B145 G53DN5G>C< 6GDB I=5 G535HH>DC DN5G I=5E1HI 6DMG Q51GHU $DI1A CDC61GB E1QGDAA A5N5AH =1N5 5PZ355454 I=5>G EG5ZG535HH>DC E51@ 2Q hUmw >C I=5 #DMI=#1C �D1FM>C &1AA5QU �C 3DBE1G>HDCS IDI1A CDC61GB E1QZGDAAH >C I=5 G5HI D6 I=5 HI1I5 1G5 DCAQ hUgw 12DN5 I=5>GEG5ZG535HH>DC E51@U $=5 5PE1CH>DC >C CDC61GB E1QGDAAH4MG>C< I=5 G53DN5GQ =1H 255C 2GD14 21H54U

�N5G1AAS B1CQ D6 I=5 ODMC4H >C:>3I54 2Q I=5 `�G51I "5Z35HH>DC` =1N5 1AG514Q =51A54O>I= 5BEADQB5CI 1C4 3DCZHMB5G HE5C4>C< HMGE1HH>C< EG5ZG535HH>DC E51@H �>N5CI=1I I=5 #DMI= #1C �D1FM>C &1AA5Q 3DCJCM5H ID H55HI514Q <GDOI=S I=5 3MGG5CI 6DG531HI 31AAH 6DG 1C DC<D>C<G53DN5GQ >C gefj 1C4 25QDC4U #E53>831AAQS O5 6DG531HII=1I CDC61GB 5BEADQB5CI O>AA 3DCJCM5 ID BDN5 6DGZO1G4S EDHJC< 1 GDM<=AQ hw >C3G51H5 >C 2DI= gefj 1C4gefkU

'>I= BDG5 ODG@5GH G5IMGC>C< ID ODG@ 1C4 I=5 AD31AG51A 5HI1I5 B1G@5I >BEGDN>C<S 3DCHMB5G HE5C4>C< >H 5PZE53I54 ID 3DCJCM5 ID EDHI <1>CH 1H O5AAU #E53>831AAQS I1PZ12A5 H1A5H 1G5 6DG531HI ID <GDO 25IO55C iw 1C4 jw DN5GI=5 C5PI 65O Q51GH 1H >C3DB5H G>H5U '=>A5 I=5 =DMH>C<B1G@5IO>AA 1AHD 3DCJCM5 ID >BEGDN5S I=5 E135 D6 <GDOI=>H 5PE53I54 ID 25 BDG5 BD45G1I5 >C gefjU #JAAS =DB5EG>35H I=GDM<=DMI I=5 G5<>DC 1G5 1CJ3>E1I54 ID >C3G51H52Q 25IO55C jw 1C4 lw >C I=5 3DB>C< Q51GHU

$=5 #DMI= #1C �D1FM>C &1AA5Q HJAA 6135H H5N5G1A 3=1AZA5C<5HS >C3AM4>C< 2DDHJC< I=5 54M31JDC1A 1K1>CB5CID6 G5H>45CIHS 451A>C< O>I= 1<G>3MAIMG1A >HHM5H 1HHD3>1I54O>I= I=5 4GDM<=IS G5HEDC4>C< ID 61AA>C< D>A EG>35H 1C4

3DCJCM>C< ID 4>N5GH>6Q >IH 53DCDB>3 21H5U $=5 G5<>DC1AHD =1H B1CQ HIG5C<I=HS =DO5N5GS ID A5N5G1<5 >C I=5 6MZIMG5S >C3AM4>C< G5A1JN5 17DG412>A>IQ 3DBE1G54 ID DI=5GE1GIH D6 I=5 HI1I5S 1 2MG<5DC>C< 1AI5GC1JN5 5C5G<Q H53ZIDG 1C4 1 <GDO>C< EDEMA1JDC 21H5U '>I= I=5 G535HH>DCA1G<5AQ >C I=5 E1HIS O5 1G5 3DC845CI I=1I I=5 G5<>DCVHHIG5C<I=H O>AA D7H5I >IH 3=1AA5C<5H 1C4 I=5 #DMI= #1C�D1FM>C &1AA5Q O>AA G5B1>C 1 4G>N5G D6 HI1I5O>45 <GDOI=>CID I=5 6MIMG5U

$=5 1<G>3MAIMG5 >C4MHIGQ >C I=5 #DMI= #1C �D1FM>C &1AA5Q]##�&^ =1H 3DCJCM54 ID H=DO G5H>A>5C35 H>C35 I=5 "5EDGI1C4 I=5 gefh EGD4M3JDC 1C4 DMIEMI HI1JHJ3H ED>CI ID 1HI5AA1G Q51GU �DG5 G535CI 41I1 6DG gefi >H B>P54S 2MI HD61G I=5G5 >H CD 3A51G >C4>31JDC I=1I I=5 3MGG5CI 4GQ HE5AAI=5 HI1I5 >H <D>C< I=GDM<= =1H H><C>831CIAQ >BE13I54 I=5>C4MHIGQ 1H 1 O=DA5U

- ))) �� ��� ���� ��� 0./2 �� ��#��& � � ����� ����� �� �� ���� ���� ���� ���� ��� ����� ��$ ����� ��� ����� �� �����

���� �� ��� ������ ����$ ���� ��� ������ ���$ �� � "����)-

�C I=5 "5EDGIS O5 CDI54 I=1I gefh O1H DC IG13@ ID 25 1H<DD4S >6 CDI 25K5GS I=1C gefgS 1C4 I=5 G5<>DCVH 1<G>3MAZIMG5 >C4MHIGQ 4>4 CDI 4>H1EED>CIU $=5 IDI1A N1AM5 D6 3GDE1C4 A>N5HID3@ EGD4M3IH IDI1A54 dgfUef 2>AA>DC >C gefhS 1nUlw >C3G51H5 DN5G I=5 EG>DG Q51G 1C4 G5EG5H5CI54 1C 1AAZJB5=><= 6DG 1<G>3MAIMG5 DMIEMIU $=5 2MA@ D6 I=5 >C3G51H5>C IDI1A N1AM5 O1H 4M5 ID I=5 >C3G51H5 >C EG>35 D6 H5N5G1A@5Q 3DBBD4>J5HS O=>3= O1H 3G>J31A 6DG >C3G51H>C< DN5GZ1AA N1AM5 1H EGD4M3JDCO1H G5A1JN5AQ :1I 6DG HDB5 D6 I=5G5<>DCVH IDE 3DBBD4>J5HU

$=5 3MGG5CI 1<G>3MAIMG1A 41I1 ED>CI IDO1G4 1 HDB5O=1IHD;5G gefi 3DBE1G54 ID I=5 G53DG4 =><=H D6 gefhU

#DMI= #1C �D1FM>C &1AA5Q i �52GM1GQ gefj

Page 7: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

�+)*/. �*/./-,*0 �52GM1GQ gefj

#I1I5O>45 HI1JHJ3H 1G5 B>P54 1C4 G5<>DC1A 61GB 5BZEADQB5CI =1H 54<54 4DOCU '=>A5 I=5 >C4MHIGQVH E5G6DGZB1C35 >C gefi >H CDI 5PE53I54 ID 5P=>2>I I=5 EG>DG Q51G_HGD2MHI <GDOI=S O5 4D CDI 5PE53I I=5 Q51G_H H>IM1JDC ID25 1H 4>G5 1H B1CQ =1N5 651G54U

$=5 DMIADD@ 6DG gefj O>AA 25 =51N>AQ 45E5C45CIS D63DMGH5S DC I=5 A5N5A D6 G1>C61AA I=5 HI1I5 G535>N5HU $=58GHI 65OO55@H D6 I=5 Q51G =1N5 H=DOC A>KA5 G1>C61AAS 1C4I=5 #>5GG1 HCDOE13@ O1H DCAQ hkw D6 CDGB1A 6DG �1CZM1GQ fjI=Uo �5N5GI=5A5HHS I=5 �5E1GIB5CI D6 '1I5G "5ZHDMG35H ]�'"^ 1CCDMC354 >C �1CM1GQ I=1I G53>E>5CIH D6O1I5G 6GDB I=5 #I1I5 '1I5G GD?53I ODMA4 G535>N5 fjwD6 gefj G5FM5HI54 1BDMCIHU $=1I >H ME 6GDB few >C �5Z35B25G gefiS 1C4 O5AA 1=514 D6 I=5 jw 1AAD31JDC 6DGgefiU

$=5 3DCJCM1JDC D6 =>HIDG>31AAQ ADO A5N5AH D6 O1I5G 1AADZ31JDCH B1@5H 3DCH5GN1JDC 1C4 593>5CI MH5 D6 3MGG5CIG5HDMG35H 1AA I=5 BDG5 >BEDGI1CIU $G1CH>JDC>C< ID 3GDEHI=1I MH5 A5HH O1I5GS HM3= 1H <G1E5HS >H DC5 O1Q D6 13=>5NZ>C< I=>HU $=5 "5EDGI =><=A><=I54 I=5 >C3G51H54 EGD4M3ZJDC D6 <G1E5H >C G535CI Q51GHU �C 1N5G1<5S <G1E5H G5ZFM>G5 GDM<=AQ g 13G5Z655I D6 O1I5G E5G Q51GU $=>H >H 61GA5HH I=1C BDG5 O1I5G >CI5CH>N5 3GDEH A>@5 G>35 DG 1A61A61SO=>3= C554 MEO1G4H D6 j 13G5Z655IU �5>I=5G D6 I=5H53GDEH 1G5 >C 12MC41C35 >C I=5 #DMI= #1C �D1FM>C &1AZA5QU $=MHS DC5 EDI5CJ1A H>AN5G A>C>C< ID I=5 3MGG5CI O1I5G>HHM5H 613>C< I=5 HI1I5 1C4 G5<>DC >H I=1I >I 3DMA4 =5AEID EGDBDI5 I=5 MH5 D6 A5HH O1I5GZ>CI5CH>N5 3GDEH >C I=56MIMG5S O=>3= O>AA MAJB1I5AQ B1@5 I=5 G5<>DC A5HH HMHZ35EJ2A5 ID 53DCDB>3 NDA1JA>IQ 1HHD3>1I54 O>I= O5I 1C44GQ Q51GHU

�C HE>I5 D6 DC5 D6 I=5 4G>5HI Q51GH DC G53DG4S I=5 1<G>Z3MAIMG5 >C4MHIGQ >C I=5 #DMI= #1C �D1FM>C &1AA5Q =14 1<DD4 Q51GU $=5 IDI1A N1AM5 D6 3GDE 1C4 A>N5HID3@ EGD4M3IH<G5O 2Q nUlw ID G513= 1 G53DG4 =><=S 2MDQ54 2Q =><=5GEG>35H 1C4 4DM2A5 4><>I >C3G51H5H 13GDHH 513= D6 I=5 G5Z

o=IIETYY31U<DNY4GDM<=IYIDEHIDGQYIDEZHIDGQZggU=IBAU

<>DCVH IDE 8N5 3DBBD4>J5HU '=>A5 �G5HCD �DMCIQ 4>4EDHI 1 gUhw 453A>C5 >C IDI1A N1AM5S �5GC �DMCIQ AD<<541 HDA>4 kUkw >C3G51H5 1C4 $MA1G5 �DMCIQ HMG<54 gjUlwDN5G gefg N1AM5HU '>I= I=5 A1I5HI <1>CHS $MA1G5 �DMCIQIDD@ DN5G ]6GDB �G5HCD^ 1H I=5 IDE 1<G>3MAIMG1A 3DMCIQ >C�1A>6DGC>1 2Q IDI1A N1AM5 D6 3GDE 1C4 A>N5HID3@ EGD4M3IHU

� '%� ��� �"'�� �����* � ! ��#��'�%'#�� � �� ��&�$

�DBBD4>IQgefg gefh �=1C<5]d^ ]d^ ]w^

$DI1A fnSfjeSegeSfee gfSefkSffeSene nUl�G1E5H hSikmSfffSeee hSmiiSiglSeee feUn�>A@ gSnjhSnigSeee hShkeShjmSeee fhUm�ABDC4H fSnkfSgmiSeee gShhlSflgSeee fnUg�1KA5 fShieShlgSeee fSimgSelfSeee feUk�G1C<5H fSfglSkkjSeee fSgmnSjfhSeee fiUi

#DMG35T �DMCIQ �<G>3MAIMG1A �DBB>HH>DC5G �CCM1A "5EDGIH

����� #��� ��#��'�%'#�� �)! #%$ ���'�$

�DBBD4>IQgefg gefh �=1C<5]d^ ]d^ ]w^

$DI1A fnSehhSkkgSkgj fnSiinSjkeSjlk gUg�ABDC4H hSkkeSnjmSlmj hSnmkShihSgkl mUn�G1E5H fSfjkSnlmSjem fSfknSgnjSgkn fUf�>A@ fSggfSjmhSlje fShiiSgjgSmjn feUe�G1C<5H jknSjfjSehf iljSiilSmmn ZfkUj�556 hkeSnlmSemk hfgSlgnSkmf ZfhUi

#DMG35T '�#�" $G145

�C 144>JDC ID I=5 N1AM5 D6 1AA 3GDE 1C4 A>N5HID3@ EGD4M3IH>C I=5 G5<>DC G513=>C< G53DG4 A5N5AHS 53DCDB>3 DMIEMI6GDB I=5 O=DA5 1<G>3MAIMG5 >C4MHIGQ 1AHD G513=54 C5O=><=HS 5N5C 1;5G 14?MHJC< 6DG =><=5G 3DBBD4>IQ EG>35HU�GDB gefg ID gefhS 1<G>3MAIMG5 DMIEMI >C I=5 G5<>DC >CZ3G51H54 2Q fjUkw >C G51A I5GBHSO=>3=O1H HA><=IAQ =><=5GI=1C I=5 fjUgw <GDOI= 6DG I=5 HI1I5O>45 >C4MHIGQ 1C4 1H=1GE >C3G51H5 DN5G I=5 fw 1CCM1A <GDOI= 6DG I=5 G5<>DC>C gefgU

$=5 IDE 8N5 3DBBD4>J5H ]<G1E5HS B>A@S 1ABDC4HS 31IZIA5S DG1C<5H^ G5I1>C54 I=5>G G5HE53JN5 G1C@>C< 6GDB I=5EG>DG Q51G 1C4 I=5 IDI1A N1AM5 D6 513= 3DBBD4>IQ >CZ3G51H54 2Q BDG5 I=1C few 6GDB gefg ID gefhU �5HE>I525>C< I=5 CMB25G IOD G1C@54 3DBBD4>IQS B>A@ B145I=5 A1G<5HI 3DCIG>2MJDC ID 1CCM1A <GDOI= 1C4 G5EG5Z

#DMI= #1C �D1FM>C &1AA5Q j �52GM1GQ gefj

Page 8: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

�+)*/. �*/./-,*0 �52GM1GQ gefj

H5CI54 gfUmw D6 I=5 C5I <1>CH ID IDI1A 3GDE 1C4 A>N5HID3@N1AM5 6DG I=5 Q51GU �GDB gefg ID gefhS I=5 N1AM5 D6 IDZI1A B>A@ EGD4M3JDC >C I=5 #DMI= #1C �D1FM>C &1AA5Q >CZ3G51H54 2Q fhUmwS 1 H=1GE G5N5GH1A D6 I=5 feUkw 453A>C5>C EGD4M3JDC N1AM5 6GDB geff ID gefgU

6

7

8

9

10

Real

GDP

($ B

illion

s)8

10

12

14

16

18

20

22

Crop

and

Livs

tock

Val

ue ($

Billi

ons)

2003 2005 2007 2009 2011 2013

Crop and Livstock Value Real Economic Output

Source: Bureau of Economic Analysis

2003 to 2013SSJV Agriculture Industry

�H CDI54S EG>35 >C3G51H5H O5G5 1B1?DG 4G>N5G D6 EGD4M3ZJDC N1AM5 <GDOI= >C gefhS O=>3= =5AE54 ID B1@5 ME 6DGADO <GDOI= >C EGD4M3JDC NDAMB5HU $=5 E5G MC>I N1AM5 D6B>A@ 6DG B1G@5I >C $MA1G5 �DMCIQS 6DG 5P1BEA5S O1H fjw=><=5G I=1C I=5 Q51G EG>DG 5N5C I=DM<= EGD4M3JDC O1HN>GIM1AAQ MC3=1C<54U #>B>A1GAQS I=5 E5GZMC>I N1AM5 D6 1AZBDC4H >C �G5HCD �DMCIQ >C3G51H54 2Q ghUiw O=>A5 EGDZ4M3JDC 453A>C54 2Q hwU

'=>A5 gefh O1H 1 HI5AA1G Q51G 6DG I=5 G5<>DCVH 1<G>3MAZIMG5 >C4MHIGQS I=5 3MGG5CI 1N1>A12A5 41I1 6DG gefi H=DO1 B>P54 E>3IMG5S O=>3= HM<<5HIH I=1I I=5 =><= 4DM2A5Z4><>I <GDOI= 6GDB gefh ID gefi O>AA CDI 25 G5E51I54U$=5G5 1G5 HDB5 >C4>31JDCH I=1I EGD4M3JDC 6DG HDB53DBBD4>J5H 3DMA4 25 ADO5GS E1GJ3MA1GAQ 1ABDC4HS 2MI=><=5G EG>35H O>AA =5AE I=5 >C4MHIGQ B1@5 ME I=5 4>75GZ5C35U

�I I=5 HI1I5 A5N5AS O5 1G5 H55>C< CDB>C1A >C3G51H5H >C2DI= 61GB >C3DB5 1C4 1<G>3MAIMG1A 5PEDGIHS 1C4 HI514QA5N5AH D6 61GB E1QGDAA 5BEADQB5CIS O=>3= HM<<5HI I=1I

I=5 1<G>3MAIMG1A >C4MHIGQ >H =DA4>C< HI514QU �DG I=5 8GHII=G55 FM1GI5GH D6 gefiS 61GB >C3DB5 O1H eUkw =><=5GI=1C I=5 H1B5 Q51GZIDZ41I5 E5G>D4 >C I=5 EG>DG Q51GS 1C46DG I=5 Q51GZIDZ41I5 E5G>D4 5C4>C< >C �DN5B25GS HI1I51<G>3MAIMG1A 5PEDGIH O5G5 gUgw =><=5G I=1C I=5 H1B5 E5ZG>D4 >C gefhU

�DO5N5GS =><=5G EG>35H I=>H Q51G 5GD45 I=5 CDB>C1A <1>CH1C4 A51N5 DE5C I=5 EDHH>2>A>IQ I=1I EGD4M3JDC O1H :1IID 4DOC 6DG HDB5 D6 I=5 IDE 3DBBD4>J5HU �MG 5HJB1I5D6 I=5 DN5G1AA 1<G>3MAIMG1A IG145 EG>35H Q51GZIDZ41I5 O1HjUhw =><=5G I=GDM<= �DN5B25G DN5G I=5 H1B5 E5G>D4A1HI Q51GU $=>H HM<<5HIH I=1I >C G51A I5GBHS HI1I5 1<G>3MAZIMG1A 5PEDGIH 453A>C54 2Q hwU �C I=5 31H5 D6 1ABDC4HS 1B1?DG 31H= 3GDE 6DG 61GB5GH >C I=5 G5<>DCS 5PEDGIH O5G5ME mUnw CDB>C1AAQS 2MI 1;5G 14?MHJC< 6DG 1 fhUew >CZ3G51H5 >C 6GM>I 1C4 CMI 5PEDGI EG>35HS H=>EB5CIH O5G54DOC hUew >C G51A I5GBHU

120

130

140

150

Empl

oym

ent (

000s

, SA)

1.0

1.2

1.4

1.6

1.8

2.0

Expo

rt Va

lue

($ B

illion

s)

Nov-09 Nov-10 Nov-11 Nov-12 Nov-13 Nov-14

State Agricultural Exports SSJV Farm Employment

Source: WISERTrade, California Employment Development Department

Nov-09 to Nov-14California Agricultural Exports

#JAAS I=5 453A>C5 >C 5PEDGIH H=DMA4 CDI 25 HIG>3IAQ >CI5GZEG5I54 1H >C4>31JN5 D6 ADO5G EGD4M3JDCS DG I=1I I=54GDM<=I >H =1N>C< 1 H5N5G5 >BE13I DC I=5 1<G>3MAIMG1A>C4MHIGQ >C I=5 #DMI= #1C �D1FM>C &1AA5Q 1C4 I=5 HI1I5DN5G1AAU � O51@5G <AD21A 53DCDBQ 3DMA4 35GI1>CAQ 25 1613IDG 1H �1A>6DGC>1 =1H H55C ADO5G 5PEDGI NDAMB5H D61<G>3MAIMG1A EGD4M3IHU #>C35 61GB >C3DB5 >H MES >I 1AHDHM<<5HIH I=1I I=5 >C4MHIGQ >H 2G>C<>C< >C I=5 H1B5 A5N5A D6G5N5CM5H 1H I=5 Q51G EG>DGS O=>3= O1H 1 HIGDC< Q51G 6DGI=5 #DMI= #1C �D1FM>C &1AA5QU $=5 3MGG5CI 41I1 ED>CI ID 1HD;5G gefi I=1C I=5 G53DG4 =><=H >C gefhS 2MI HD 61G I=5

#DMI= #1C �D1FM>C &1AA5Q k �52GM1GQ gefj

Page 9: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

�+)*/. �*/./-,*0 �52GM1GQ gefj

41I1 HM<<5HI I=1I 1<G>3MAIMG5 >H =DA4>C< HI514Q 45HE>I5DC<D>C< O1I5G >HHM5HU

�C A1HI Q51GVH "5EDGIS O5 5PEG5HH54 1 <G51I 451A D6 DEZJB>HB 12DMI I=5 2MH>C5HH 3A>B1I5 D6 I=5 #DMI= #1C�D1FM>C &1AA5Q >C gefi 1C4 gefjU �C I=5 51GAQ 41QH D6gefjS =DO5N5GS I=1I DEJB>HB BMHI 25 I5BE5G54S 1H<GDOI= >C B51HMG5H HM3= 1H 3DCHMB5G HE5C4>C< HADO54>C G535CI BDCI=HU �5Q 8C4>C<H I=>H Q51G >C3AM45T

�GDHH�5IGDEDA>I1C GD4M3I ]W�� X^ >C I=5 #DMI= #1C�D1FM>C &1AA5Q >C3G51H54 1I 1 61HI5G G1I5 >C gefh I=1C>C gefgU $=5 H53IDGH I=1I 4GDN5 �� <GDOI= >C gefg3DCJCM54 ID I=G>N5 >C gefhU

�DCHMB5G HE5C4>C< <G5O I=GDM<=DMI gefiS 1AI=DM<=E5G=1EH 1I 1 HADO5G E135 I=1C 5PE53I54U �MH>C5HH 1C4>C4MHIGQ HE5C4>C< =1H HIGM<<A54 ID 31I3= ME ID 3DCZHMB5G HE5C4>C< >C I=5 G5<>DCU

�MH>C5HH IG1N5A 1C4 IDMG>HB 1G5 HMG<>C<S 5HE53>1AAQ>C $MA1G5 �DMCIQU $=5 #DMI= #1C �D1FM>C &1AA5Q G5Z35>N54 1 H><C>831CI 2DDHI >C IDMG>HB 6GDB 1C >C3G51H5>C N>H>IDG 1K5C41C35 1I AD31A C1JDC1A E1G@H >C gefiSO=>3= O1H 6G55 6GDB I=5 <DN5GCB5CI H=MI4DOC I=1I3G>EEA54 C1JDC1A E1G@ IDMG>HB >C gefh 1C4 G5:53I541 O>AA>C<C5HH 1BDC< IDMG>HIH >C �1A>6DGC>1 1C4 DI=5GHI1I5H ID HE5C4 BDG5 DC IG1N5A 1H I=5 53DCDBQ 3DCZJCM5H ID >BEGDN5U

�AI=DM<= 1 HDB5O=1I A1<<54 HI1JHJ3S �� <>N5H 1 <DD4>C4>31JDC D6 I=5 =51AI= D6 I=5 53DCDBQU $=5 A1I5HI �� 41I1 6DG I=5 #DMI= #1C �D1FM>C &1AA5Q 3DB5H 6GDB gefhS2MI >I G5:53IH I=5 HIG5C<I= D2H5GN54 >CS 1BDC< DI=5G3DBEDC5CIH D6 I=5 53DCDBQS I=5 G5<>DCVH 5BEADQB5CI<GDOI= 1C4 G51A 5HI1I5 B1G@5IHU �� >C I=5 #DMI= #1C

�D1FM>C &1AA5Q >C3G51H54 gUmw 6GDB gefg ID gefhS O=>3=>H eUg E5G35CI1<5 ED>CIH =><=5G I=1C 6GDB geff ID gefgU�Q 3DBE1G>HDCS �1A>6DGC>1 �GDHH #I1I5 GD4M3I ]�# ^ >CZ3G51H54 gUew 6GDB gefg ID gefhS O=>3= >H eUl E5G35CIZ1<5 ED>CIH ADO5G I=1C 6GDB geff ID gefgU

100

110

120

130

140

150

Inde

x (2

003

= 10

0)

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Tulare County Fresno CountyKern County Kings CountyCalifornia

Source: U.S. Bureau of Economic Analysis

Selected Counties and California, 2003 to 2013Real GDP Growth

#5N5G1A @5Q H53IDGH I=1I O5G5 4G>N>C< 53DCDB>3 <GDOI=1I I=5 EM2A>31JDC D6 I=5 "5EDGI 3DCJCM5 ID A514 I=5O1QU �1CM613IMG>C< �� >C3G51H54 nUiw 6GDB gefg IDgefhS 2DAHI5G54 2Q gjUfw <GDOI= >C CDC4MG12A5 <DD4HB1CM613IMG>C<U �� >C I=5 �C6DGB1JDC H53IDGS O=>3=>C3AM45H HM3= A12DGZ>CI5CH>N5 >C4MHIG>5H 1H 3MHIDB5G H5GZN>35S >C3G51H54 fgUkw 6GDB gefg ID gefhU �<G>3MAIMG5�� >C3G51H54 fjUmw 6GDB gefg ID gefhS 1C4 61GBQ>5A4H G5B1>C54 =><= 45HE>I5 I=5 651G D6 1 HA>45 4M5 IDA13@ D6 G1>C61AAU #DB5D6 I=5 53DCDB>3 >C4>31IDGH 45I1>A5425ADOS HM3= 1H 3DCHMB5G HE5C4>C<S HM<<5HI I=1I �� CMB25GH 6DG gefi O>AA 1AHD H=DO HDA>4 <GDOI= DN5G gefhA5N5AHU

�H CDI54 >C I=5 "5EDGIS 3DCHMB5G HE5C4>C< O1H N5GQHIGDC< >C gefhS O>I= I1P12A5 H1A5H >C3G51H>C< 2Q DN5Gkw 6GDB I=5 6DMGI= FM1GI5G D6 gefg ID I=5 6DMGI= FM1GZI5G D6 gefhU #>C35 I=1I JB5S I1P12A5 H1A5H <GDOI= =1HHADO54 3DCH>45G12AQ 2MI HJAA G5B1>CH EDH>JN5U �GDB I=5I=>G4 FM1GI5G D6 gefh ID I=5 I=>G4 FM1GI5G D6 gefiS I1PZ12A5 H1A5H >C3G51H54 gUhwU �BEDGI1CIAQS I=5 G5<>DC >H 1AZ

#DMI= #1C �D1FM>C &1AA5Q l �52GM1GQ gefj

Page 10: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

�+)*/. �*/./-,*0 �52GM1GQ gefj

G514Q O5AA 12DN5 >IH EG5ZG535HH>DC E51@ >C I5GBH D6 2DI=HE5C4>C< 1C4 5BEADQB5CIU �I A51HI HDB5 D6 I=5 G535CIHADO4DOC 31C 25 1KG>2MI54 ID I=5 1G51 =1N>C< A1G<5AQG53DN5G54 6GDB I=5 53DCDB>3 G535HH>DCS G1I=5G I=1C 25Z31MH5 D6 BDG5 IGDM2A>C< 6MC41B5CI1A >HHM5HU

80

100

120

140

160

180

Inde

x (Q

3-20

09 =

100

, SA)

Q3-09 Q3-10 Q3-11 Q3-12 Q3-13 Q3-14

Tulare County Fresno CountyKern County Kings County

Source: California Board of Equalization

Selected Areas, Q3-2009 to Q3-2014Taxable Sales Growth

$1P12A5 G535>EIH 41I1 6DG I=5 G5<>DC H=DOH I=1I HDB531I5<DG>5H D6 HE5C4>C< O5G5 N5GQ HIGDC< >C gefiU �M>A4Z>C< 1C4 3DCHIGM3JDC I1P12A5 G535>EIH >C3G51H54 flUjw6GDB I=5 I=>G4 FM1GI5G D6 gefh ID I=5 I=>G4 FM1GI5GD6 gefiS O=>A5 1MIDH 1C4 IG1CHEDGI1JDC HE5C4>C< >CZ3G51H54 feUhw 4MG>C< I=1I JB5U �DCN5GH5AQS 6M5A 1C4H5GN>35 HI1JDC HE5C4>C< >C3G51H54 2Q ?MHI eUnw Q51GZDN5GZQ51G 1H <1H EG>35H 3DCJCM5 ID IG5C4 ADO5GU �DO 6M5AEG>35H >C gefiS 1C4 3DCJCM>C< >CID gefjS 3DMA4 25 EGDZN>4>C< 1 2DDHI ID HE5C4>C< >C DI=5G 1G51HU �DG 5P1BEA5SI1P12A5 G535>EIH 6DG <5C5G1A 3DCHMB5G <DD4H >C3G51H54jUjw 6GDB I=5 I=>G4 FM1GI5G D6 gefh ID I=5 I=>G4 FM1GI5GD6 gefiU

$=GDM<=DMI I=5 3DMCIGQS 3DCHMB5G 1C4 2MH>C5HH HE5C4Z>C< >H HIGDC< 1C4 5BEADQB5CI >H <GDO>C<S O=>3= =1HA54 ID 1 2>< MEJ3@ >C 2MH>C5HH 1C4 IDMG>HI IG1N5A >C I=5#DMI= #1C �D1FM>C &1AA5QU �DI5AH >C I=5 G5<>DC 1G5 H55>C<A1G<5 >C3G51H5H >C G5N5CM5U �GDB #5EI5B25G [ �DN5BZ

25G gefh ID #5EI5B25G [ �DN5B25G gefipS =DI5A G5NZ5CM5 E5G 1N1>A12A5 GDDB ]W"5N �"X^ >C3G51H54 iUlw >C�G5HCD �DMCIQS mUfw >C �5GC �DMCIQS 1C4 1 HM2HI1CJ1AgeUkw >C $MA1G5 �DMCIQUq

2030405060708090

100110

$ (S

A an

d sm

ooth

ed)

Nov-05

Nov-06

Nov-07

Nov-08

Nov-09

Nov-10

Nov-11

Nov-12

Nov-13

Nov-14

Tulare County Fresno CountyKern County California

Source: California Travel and Tourism CommissionNote: Tulare County and Kern County include parts of Kings County

South San Joaquin Valley and California, Nov-05 to Nov-14Revenue Per Available Room

$=5 <GDOI= >C $MA1G5 �DMCIQ >H BDHIAQ 1KG>2MI12A5 ID<GDOI= >C D33ME1C3Q ]mUl E5G35CI1<5 ED>CIH^S 3DBE1G54ID 25IO55C fZg E5G35CI1<5 ED>CIH >C �G5HCD 1C4 �5GC�DMCJ5HS 2MI I=5 1N5G1<5 41>AQ GDDB G1I5 >C3G51H54 >C513= 3DMCIQVH =DI5AH 2Q 25IO55C hwZjw 6GDB #5EI5BZ25G Z �DN5B25G gefh ID #5EI5B25G Z �DN5B25G gefiU�><=5G 45B1C4 >H EMH=>C< =DI5A D33ME1C3Q ME 1C4 1AZADO>C< =DI5AH I=GDM<=DMI I=5 #DMI= #1C �D1FM>C &1AA5QID 51GC BDG5 G5N5CM5 6DG HI1QHU

&>H>IDGH ID I=5 G5<>DCVH C1JDC1A E1G@H EA1Q 1C >BEDGI1CIGDA5 >C I=5 AD31A IDMG>HB >C4MHIGQU �C I=5 "5EDGIS O5 6DG5Z31HI I=1I E1G@ 1K5C41C35 ODMA4 >C3G51H5 H><C>831CIAQ6GDB gefh ID gefiU $=5 6545G1A <DN5GCB5CI H=MI4DOCA54 ID 1 3DAA1EH5 >C IDMG>HI IG193 >C �3ID25G gefhS 1C4O=>A5 3DCHMB5G A5>HMG5 HE5C4>C< >C gefh O1H <GDO>C<S>I 1EE51G54 ID 25 =51454 6DG H><C>831CIAQ BDG5 <GDOI=4DOC I=5 GD14U �1I1 6GDB I=5 �1JDC1A 1G@ #5GN>35 1EZE51GH ID HMEEDGI I=1I 6DG531HIU �GDB �1CM1GQ [ �DN5BZ25G gefh ID �1CM1GQ [ �DN5B25G gefiS N>H>IDG IG193 1I#5FMD>1 �1JDC1A 1G@ >C3G51H54 2Q fheSeeeS DG fiUhwS

p#5EI5B25GS �3ID25GS 1C4 �DN5B25G 41I1 O5G5 1N5G1<54 ID G5Z4M35 NDA1JA>IQ >C =DI5A HI1JHJ3HS O=>3= 31C HDB5JB5H N1GQ H><C>8Z31CIAQ 6GDB BDCI= ID BDCI=U

q�>C<H �DMCIQ =DI5A 41I1 >H >C3AM454 >C $MA1G5 �DMCIQ 1C4 �5GC�DMCIQU

#DMI= #1C �D1FM>C &1AA5Q m �52GM1GQ gefj

Page 11: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

�+)*/. �*/./-,*0 �52GM1GQ gefj

O=>A5 N>H>IDG IG193 1I (DH5B>I5 �1JDC1A 1G@ >C3G51H542Q fnfSjeeS DG jUgw DN5G1AAU �K5C41C35 1I �>C<H �1CQDC�1JDC1A 1G@ 453G51H54 2Q ffUjwS 2MI 2Q 1 3DBE1G1ZJN5AQ HB1AA kjShee N>H>IDGH DN5G1AAU $=5 5PIG1 N>H>IH ID I=5G5<>DCVH C1JDC1A E1G@H =5AE >CIGD4M35 BDG5 HE5C4>C<1I =DI5AHS G5I1>A HIDG5HS 1C4 G5HI1MG1CIHS 25C58JC< I=5#DMI= #1C �D1FM>C &1AA5Q A12DG B1G@5I 1C4 53DCDBQ 1H1 O=DA5U

$=5 "5EDGI >C4>31I54 I=1I D>A EGD4M3JDC\EG>B1G>AQI=GDM<= =Q4G1MA>3 6G13IMG>C< >C I=5 �5GC D>A 85A4H\>HHI1GJC< ID 253DB5 1 :1<H=>E >C4MHIGQ 6DG I=5 #DMI= #1C�D1FM>C &1AA5Q 53DCDBQU (5IS �� 41I1 HM<<5HIH I=1II=5 >C4MHIGQ HI5EE54 213@ >C gefhS 1C4 A>@5AQ 4>4 HD >Cgefi 1H O5AAU �>C>C< �� S O=>3= >C3AM45H �� 6DG D>A1C4 <1H 5PIG13JDCrS 453G51H54 2Q fmUiw 6GDB gefg IDgefhU '>I= D>A EG>35H 61AA>C< G1E>4AQ >C I=5 A1K5G E1GI D6gefiS D>A EGD4M35GH >C �5GC �DMCIQ B1Q 3MI 213@ C5O4G>AA>C< HM2HI1CJ1AAQS 1C4S >6 D>A EG>35H G5B1>C ADO 6DGHDB5 JB5S B1Q 25<>C ID 3MI 213@ DC EGD4M3JDC DMI D65P>HJC< O5AAHU

�DG �5GC �DMCIQ >C E1GJ3MA1GS 61AA>C< D>A EG>35H 3DMA4 =1N51 3G>J31A >BE13I DC I1P G5N5CM5HU �DMCJ5H >C �1A>6DGC>1H5I EGDE5GIQ I1P5H 6DG D>A 85A4H 21H54 CDI DCAQ DC I=5N1AM5 D6 I=5 85A4H I=5BH5AN5H 2MI DC I=5 N1AM5 D6 D>A G5ZH5GN5H O>I=>C I=DH5 85A4HU '=5C I=5 EG>35 D6 D>A 4GDEHSI=5 1HH5HH54 N1AM5 D6 I=5 D>A G5H5GN5H O>I=>C 513= EGDEZ5GIQ 1AHD 4GDEHU �5GC �DMCIQ D>A EGD4M35GH 3DMA4 E1Q 1H><C>831CIAQ ADO5G EGDE5GIQ I1P >C gefi 1C4 gefj I=1C>C Q51GH E1HI 2531MH5 I=5 N1AM5 D6 I=5>G D>A G5H5GN5H >H HDADO >C G5A1JN5 I5GBHU �5GC �DMCIQS O=5G5 DC5ZI=>G4 D6I=5 3DMCIQO>45 EGDE5GIQ I1P GDAA 3DB5H 6GDB D>A EGDE5GZJ5HsS 3DMA4 HI1C4 ID ADH5 1 H><C>831CI EDGJDC D6 >IH I1P

r�1I1 6DG D>A 1C4 <1H 5PIG13JDC �� >H 3MGG5CIAQ MC1N1>A12A5 6DGG535CI Q51GHU

s�D=C �DPS W�GDEE>C< �>A G>35HT �DD4 6DG �DCHMB5GHS DI5CJ1AAQ�G>EEA>C< 6DG �5GCUX ��� ���������� �����������U �3ID25G fmS gefiU

G5N5CM5 1H 1 G5HMAIU ]�C 8H31A Q51G gefgS EGDE5GIQ I1P5H133DMCI54 6DG mhUlw D6 IDI1A I1P5H >C �5GC �DMCIQt^U

�H CDI54 >C I=5 "5EDGIS =DO5N5GS I=5 G5<>DC 25C58IH6GDB =1N>C< 5PE1C454 >IH 5C5G<Q EGD4M3JDC ID <G55CHDMG35HS HM3= 1H O>C4S HDA1GS =Q4GDS 1C4 2>DB1HHU �DG 5PZ1BEA5S I=5 �AI1 '>C4 �C5G<Q �5CI5G 1C4 I=5 $5=13=1E> 1HH '>C4 �1GB >C �5GC �DMCIQ 1G5 IOD D6 I=5 3DMCIGQVHA1G<5HI O>C4 61GBHU $=5H5 IQE5H D6 EGD?53IH 5CHMG5 I=1II=5 #DMI= #1C �D1FM>C &1AA5Q G5B1>CH 1I I=5 6DG56GDCID6 1 HJAA QDMC< 1C4 <GDO>C< G5C5O12A5 5C5G<Q >C4MHIGQSO=>A5 =5AE>C< ID D7H5I HDB5 D6 I=5 G5N5CM5 ADHI 1H 1 G5ZHMAI D6 453A>C>C< D>A EG>35HU

�DD@>C< 1=514S �513DC �3DCDB>3H >H DEJB>HJ3 12DMI2MH>C5HH 13JN>IQ >C I=5 #DMI= #1C �D1FM>C &1AA5QU �AZI=DM<= <GDOI= =1H 255C HADO5G >C HDB5 1G51H I=1C>I O1H 4MG>C< gefhS I=5 G5<>DCVH 53DCDBQ CDC5I=5A5HH3DCJCM5H ID 5PE1C4U $=5 5C5G<Q H53IDG 6135H 3=1AA5C<5H4M5 ID I=5 G535CI HA>45 >C D>A EG>35HS 2MI D>A >H DCAQ 1E1GI D6 I=5 G5<>DCVH 5C5G<Q EGD4M3JDC EGD8A5U "5C5OZ12A5 5C5G<Q 1AHD EA1QH 1C >BEDGI1CI 1C4 5PE1C4>C< GDA5U�C 144>JDCS IDMG>HB >C I=5 #DMI= #1C �D1FM>C &1AA5Q >H2DDB>C<S 1C4 I=5 G5<>DCVH =DI5AH 1G5 >C 25K5G H=1E5I=1C I=5Q =1N5 255C 1I 1CQ ED>CI >C G535CI Q51GHU '>I=5BEADQB5CI <GDO>C<S 3DCHMB5G 1C4 2MH>C5HH HE5C4>C<HJAA IG5C4>C< MEO1G4S 1C4 O>I= I=5 G51A 5HI1I5 B1G@5IH>BEGDN>C<S I=5 DMIADD@ 6DG I=5 G5<>DCVH 2MH>C5HH 13JN>IQ>H 2G><=IU

#>C35 I=5 "5EDGIS I=5 #DMI= #1C �D1FM>C &1AA5Q ]�G5HCDS�5GCS �>C<HS 1C4 $MA1G5 �DMCJ5H^ =1H 3DCJCM54 ID 5PZE5G>5C35 HI514Q 5BEADQB5CI <1>CHS O>I= IDI1A CDCZ

t���������� ����� ����������S `�DMCJ5H �CCM1A "5EDGIS �>H31A (51GgeffZfgS` �1CM1GQ gmS gefiU

#DMI= #1C �D1FM>C &1AA5Q n �52GM1GQ gefj

Page 12: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

�+)*/. �*/./-,*0 �52GM1GQ gefj

61GB E1QGDAAH >C3G51H>C< 2Q hUhw 6GDB �52GM1GQ gefi ID�52GM1GQ gefjU $=>H EMIH I=5 G5<>DC ?MHI 1=514 D6 I=5HI1I5 DN5G1AAS O=5G5 E1QGDAAH 5PE1C454 2Q hUfw DN5G I=5H1B5 E5G>D4U �I I=5 3DMCIQ A5N5AS �G5HCD �DMCIQ 3DCJCZM5H ID A514 I=5 O1Q O>I= CDC61GB E1QGDAAH <GDO>C< 2QiUiwS O=>A5 �5GC ]gUhw^S �>C<H ]hUew^S 1C4 $MA1G5 ]gUgw^�DMCJ5H <G5O 1I ADO5G G1I5HU

6

8

10

12

14

16

18

20

Une

mpl

oym

ent R

ate

(%, S

A)

600

625

650

675

700

725

750

Non

farm

Em

ploy

men

t (00

0s, S

A)

Feb-05 Feb-07 Feb-09 Feb-11 Feb-13 Feb-15

Nonfarm Employment Unemployment Rate

Source: California Employment Development Department

South San Joaquin Valley, Feb-05 to Feb-15Nonfarm Employment and Unemployment Rate

�C 144>JDCS C5OAQ G5N>H54 25C3=B1G@ 5HJB1I5H D65BEADQB5CI >C I=5 #DMI= #1C �D1FM>C &1AA5Q E1>CI 13DBEA5I5AQ 4>75G5CI E>3IMG5 D6 I=5 G5<>DCVH ?D2 <GDO>C gefi\I=5 #DMI= #1C �D1FM>C &1AA5Q =1H CDI 255CIG1>A>C< I=5 C1JDC >C ?D2 <GDOI=S 2MI =1H 255C A514Z>C< >IU '>I= I=5 C5O G5N>H>DCHS <GDOI= >C I=5 #DMI=#1C �D1FM>C &1AA5Q ]6GDB �535B25G gefh ID �535B25Ggefi^ 3=1C<54 6GDB 1C >C>J1A 5HJB1I5 D6 fUnw ID 1 G5ZN>H54 hUiwS EMLC< I=5 #DMI= #1C �D1FM>C &1AA5Q O5AA1=514 D6 I=5 gUhw <GDOI= >C I=5 C1JDC DN5G I=5 H1B5E5G>D4U �C HMBS I=5 >C>J1A 5BEADQB5CI >C 8<MG5H >C �5Z35B25G gefi MC45G3DMCI54 CDC61GB ?D2H >C I=5 #DMI=#1C �D1FM>C &1AA5Q 2Q kSgee EDH>JDCHU

�5HE>I5 I=5 G535CI <GDOI= 1C4 >BEGDN54 DMIADD@6GDB I=5 G5N>H54 25C3=B1G@ 5HJB1I5HS I=5 #DMI= #1C�D1FM>C &1AA5Q 3DCJCM5H ID 6135 C51GZI5GB 3=1AA5C<5H>C3AM4>C< O1I5G H=DGI1<5H 1C4 61AA>C< D>A EG>35HU �O>C<>C E1GI ID I=5 G535CI O1I5G H=DGI1<5S 61GB E1QGDAAH >C I=5G5<>DC =1N5 453A>C54 2Q fUjwU $=>H 453A>C5 >C 61GB E1QZGDAAH B1Q 1AHD =1N5 1 C5<1JN5 5753I DC DI=5G 1HE53IHD6 I=5 53DCDBQ 1H 1 N1G>5IQ D6 AD31A >C4MHIG>5H 1G5 >CI5GZ

3DCC53I54 O>I= I=5 1<G>3MAIMG5 53DCDBQU �DO5N5GS I=5>BE13I =1H CDI 255C 1H H5N5G5 1H HDB5 C5OH =514A>C5HODMA4 HM<<5HIU

$=5 G5<>DC 1AHD 3DCJCM5H ID 6135 ADC<5GZI5GB 3=1AZA5C<5HU �C5 D6 I=5 25HI 4D3MB5CI54 >H >IH A5HH 54MZ31I54ODG@6DG35S O=>3= =1H A1G<5AQ 45N5ADE54 4M5 ID I=5EG5EDC45G1C35 D6 1<G>3MAIMG5 1C4 I=5 A1G<5 CMB25G D6ODG@5GH O>I= ADO5G 54M31JDC1A 1K1>CB5CI O=D 3DB5ID I=5 G5<>DC H55@>C< 5BEADQB5CI DEEDGIMC>J5HU

'=>A5 E1QGDAAH 3DCJCM5 ID G>H5 >C I=5 #DMI= #1C �D1FM>C&1AA5QS I=5 MC5BEADQB5CI G1I5 >C I=5 G5<>DC G5B1>CHHIM22DGCAQ =><=U �DO5N5GS >I >H >BEDGI1CI ID CDI5 I=1IMC5BEADQB5CI �� 3DCJCM>C< ID 453A>C5U �GDB �52GM1GQgefi ID �52GM1GQ gefjS I=5 MC5BEADQB5CI G1I5 >C I=5#DMI= #1C �D1FM>C &1AA5Q 65AA 2Q fUl E5G35CI1<5 ED>CI IDfeUkw DC 1 H51HDC1AAQ 14?MHI54 21H>HU #>B>A1GAQS �1A>6DGZC>1 H1O >IH DN5G1AA MC5BEADQB5CI G1I5 61AA fUh E5G35CIZ1<5 ED>CIHS ID kUlw DC 1 H51HDC1AAQ 14?MHI54 21H>H DN5GI=5 H1B5 E5G>D4U 5G=1EH BDG5 >BEDGI1CIAQS >C 3DCIG1HIID A1HI Q51GVH G5EDGIS I=5 #DMI= #1C �D1FM>C &1AA5QVH A1Z2DG 6DG35 =1H HI1GI54 ID 5PE1C4U �GDB �52GM1GQ gefi ID�52GM1GQ gefjS I=5 A12DG 6DG35 >C I=5 G5<>DC >C3G51H542Q eUiw 1C4 I=5 CMB25G D6 5BEADQ54 G5H>45CIH <G5O 2QgUhwU $=>H B51CH I=1I BDG5 1G51 G5H>45CIH 1G5 8C4>C<ODG@ 1C4 1G5 BDG5 DEJB>HJ3 12DMI I=5>G 5BEADQB5CIEGDHE53IH I=1C 51GA>5G >C I=5 Q51GU

$=5 <1E 25IO55C I=5 MC5BEADQB5CI G1I5 >C I=5 HI1I5DN5G1AA 1C4 I=5 #DMI= #1C �D1FM>C &1AA5Q >H CDI 1 G535CID33MGG5C35 1C4 >H A1G<5AQ G5A1I54 ID I=5 45BD<G1E=>3H D6I=5 G5<>DCVH ODG@6DG35 G1I=5G I=1C 1 HQBEIDB D6 1 A1<Z<>C< G53DN5GQU

����!� *���% ��%� �* ��'��& �

�4M31JDC �1A>6DGC>1 ##�&

�5HH I=1C �# fgUe fjUk�><= #3=DDA ffUi fgUj#DB5 �DAA5<5 nUk ffUg�13=5ADG_H �5<G55 DG �><=5G jUk jUi

#DMG35T %U#U �5CHMH �MG51M ��#

#DMI= #1C �D1FM>C &1AA5Q fe �52GM1GQ gefj

Page 13: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

�+)*/. �*/./-,*0 �52GM1GQ gefj

�6 DC5 3DBE1G5H I=5 MC5BEADQB5CI G1I5 6DG >C4>N>4MZ1AH O>I= 1 �13=5ADGVH 45<G55 DG =><=5GS I=5 <1E 25IO55CI=5 G5<>DC 1C4 I=5 HI1I5 C51GAQ 4>H1EE51GHU �33DG4>C< IDI=5 �B5G>31C �DBBMC>IQ #MGN5Q 6GDB I=5 %U#U �5CHMH�MG51MS I=5 MC5BEADQB5CI G1I5 6DG �1A>6DGC>1 G5H>45CIHO>I= 1 �13=5ADGVH 45<G55 DG =><=5G O1H jUkw >C gefh 1C4I=5>G MC5BEADQB5CI G1I5 >C I=5 #DMI= #1C �D1FM>C &1AZA5Q O1H HA><=IAQ ADO5G 1I jUiwU

�I I=5 >C4MHIGQ A5N5AS I=5 3DCHIGM3JDC H53IDG 3DCJCM5HID 25 DC5 D6 I=5 #DMI= #1C �D1FM>C &1AA5QVH H=>C>C< HI1GHU�N5G I=5 E1HI Q51GS 3DCHIGM3JDC E1QGDAAH =1N5 >C3G51H542Q iUhw ]fSkee ?D2H^U �DO5N5GS I=>H H53IDG HJAA =1H 1ADC< O1Q ID <D ID G5<1>C 1AA I=5 ?D2H >I ADHI 4MG>C< I=5G535HH>DCU '>I= <GDMC42G51@>C< 6DG I=5 �1A>6DGC>1 =><=ZHE554 G1>A 3DBB5C3>C< >C �1CM1GQS O5 5PE53I I=5 3DCZHIGM3JDC H53IDG ID 3DCJCM5 4G>N>C< I=5 G5<>DCVH <GDOI=>C I=5 3DB>C< Q51GHU

� '%� ��� �"'�� �����* ��'$%#* ��!� *���% �# (%�

�C4MHIGQ �DNZfi�=1C<5]w^

$G1CHEDGIS'1G5=DMH5S%JAU heUk jUm�5>HMG5 1C4 �DHE>I1A>IQ leUm jUf GD65HH>DC1AY�MH>C5HH knUl iUk"5I1>A $G145 neUh iUj�DCHIGM3JDC hmUi iUh'=DA5H1A5 $G145 gmUn hUk�1CM613IMG>C< jkUe hUi�I=5G #5GN>35H ghUj gUm�4M31JDCY�51AI= ffeUl gUl�DN5GCB5CI flfUl gUj�>C1C3>1A �3JN>J5H gkUl gUf�C6DGB1JDC lUh ZeUh

#DMG35T �1A>6DGC>1 �BEADQB5CI �5N5ADEB5CI �5E1GIB5CI

$=5 A5>HMG5 1C4 =DHE>I1A>IQ H53IDG 1AHD 3DCJCM54 ID EDHIHDA>4 <1>CH >C I=5 #DMI= #1C �D1FM>C &1AA5QU 1QGDAAH >CI=5 H53IDG >C3G51H54 2Q jUfw ]hSjee ?D2H^ 6GDB �52GM1GQgefi ID �52GM1GQ gefjU $=5 G5<>DCVH C1JDC1A E1G@H 1C4BDCMB5CIH 3DCJCM5 ID 1KG13I N>H>IDGH ID I=5 1G51S O>I=2DI= #5FMD>1 �1JDC1A 1G@ 1C4 (DH5B>I5 5PE5G>5C3>C<

MEJ3@H >C N>H>IDG IG193 I=GDM<= I=5 8GHI ff BDCI=H D6gefiU

$=5 #DMI= #1C �D1FM>C &1AA5QVH <GDOI= >H CDI A>B>I54 ID?MHI I=5 G5<>DCVH W>CI5GC1AX ?D2 H53IDGHU $=5 IG1CHEDGI1ZJDC 1C4 O1G5=DMH>C< H53IDG >C3G51H54 E1QGDAAH 2Q jUmwS144>C< fSlee ?D2HU '=>A5 <GDOI= =1H HADO54 H>C35 I=5"5EDGIS I=5 3DCJCM54 <GDOI= >C AD<>HJ3H >C4>31I5H I=1IS45HE>I5 G535CI O1I5G >HHM5H >C I=5 HI1I5 1C4 G5<>DCS H53ZIDGH A>C@54 ID I=5 1<G>3MAIMG5 53DCDBQ =1N5 Q5I ID 25HM2HI1CJ1AAQ >BE13I54U

�44>JDC1AAQS H>C35 I=5"5EDGIS <DN5GCB5CI E1QGDAAH =1N5HI1GI54 ID 5PE1C4U �GDB �52GM1GQ gefi ID �52GM1GQgefjS <DN5GCB5CI H53IDG E1QGDAAH >C3G51H54 2Q gUjwSDG GDM<=AQ iSgee ?D2HU '>I= G52DMC4>C< AD31A G5N5CM5HIG51BHS BM3= D6 I=5 <GDOI= >C I=5 H53IDG O1H 6M5A54 2QAD31A <DN5GCB5CIHS O=>3= <G5O 2Q gUhwS DG gSmee ?D2HU 1QGDAAH 6DG HI1I5 <DN5GCB5CI 1AHD 5PE1C454 DN5G I=5E5G>D4 ]xhUjw^ O=>A5 6545G1A <DN5GCB5CI E1QGDAAH 5PZE1C454 2Q 1 BDG5 BD45HI ]gUfw^U

'1<5H >C I=5 #DMI= #1C �D1FM>C &1AA5Q 3DCJCM54 IDIG5C4 MEO1G4 >C gefiS 1C4 1I 1 61HI5G E135 I=1C O1HG5EDGI54 >C A1HI Q51GVH "5EDGIU �33DG4>C< ID I=5 !M1GZI5GAQ �5CHMH D6 �BEADQB5CI 1C4'1<5HS I=5 1N5G1<5 1CZCM1A O1<5 13GDHH 1AA >C4MHIG>5H O1H dhnSnhe >C I=5 H53ZDC4 FM1GI5G D6 gefi DC 1 H51HDC1AAQ 14?MHI54 21H>HU $=>HG5EG5H5CIH 1 gUgw >C3G51H5 6GDB I=5 H53DC4 FM1GI5G D6gefhS O=>3=O1H 1 =51AI=Q 2MBE 6GDB I=5 eUkw >C3G51H55PE5G>5C354 I=5 Q51G EG>DG 1C4 ?MHI 25ADO O1<5 <GDOI=>C I=5 HI1I5 DN5G1AA ]gUkw^U "5<>DC1AAQS �G5HCD ]fUmw^S�5GC ]gUew^S �>C<H ]hUiw^ 1C4 $MA1G5 ]gUfw^ �DMCJ5H 1AAH1O O1<5H G>H5 DN5G I=5 E1HI Q51GU

#DMI= #1C �D1FM>C &1AA5Q ff �52GM1GQ gefj

Page 14: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

�+)*/. �*/./-,*0 �52GM1GQ gefj

30,000

32,000

34,000

36,000

38,000

40,000

Wag

e ($

, SA)

Q1-04 Q3-06 Q1-09 Q3-11 Q1-14Source: Quarterly Census of Employment and Wages

South San Joaquin Valley, Q2-04 to Q2-14Average Annual Wage, All Industries

$=5 EGD65HH>DC1A 1C4 2MH>C5HH H5GN>35H H53IDG >C I=5#DMI= #1C �D1FM>C &1AA5Q H1O I=5 61HI5HI E135 D6 O1<5<GDOI= DN5G I=5 E1HI Q51GS G>H>C< 2Q lUfw ID dihSlke1CCM1AAQ >C I=5 H53DC4 FM1GI5G D6 gefiU �DO5N5GS I=5G535CI O1<5 <GDOI= >C I=>H H53IDG >H A1G<5AQ 1 G5HMAI D6>C3G51H54 5BEADQB5CI A5N5AH >C I=5 EGD65HH>DC1AS H3>5CZJ83S 1C4 I53=C>31A H5GN>35H H53IDGS O=>3= I5C4H ID =1N5=><=ZO1<5 EDH>JDCHS G1I=5G I=1C 1 HM2HI1CJ1A >C3G51H5>C O1<5H >C I=5 B1?DG>IQ D6 ?D2H >C I=5 >C4MHIGQU $=>H >H>C 3DCIG1HI ID I=5 "5EDGIS O=5C I=5 14B>C>HIG1JN5 HMEZEDGI H53IDGS O=>3= I5C4H ID =1N5 ADO5GZO1<5 EDH>JDCHS133DMCI54 6DG I=5 B1?DG>IQ D6 I=5 EGD65HH>DC1A 1C4 2MH>ZC5HH H5GN>35H H53IDG ?D2 <GDOI=U

'1<5 <GDOI=O1H CDI A>B>I54 ID >C4>N>4M1AH 5BEADQ54 >C=><=ZO1<5 D33ME1JDCHU '1<5H >C I=5 C1IMG1A G5HDMG351C4 B>C>C< H53IDG <G5O 2Q gUjw 6GDB I=5 H53DC4 FM1GZI5G D6 gefh ID I=5 H53DC4 FM1GI5G D6 gefiS ID ?MHI DN5GdheSeee DC 1 H51HDC1AAQ 14?MHI54 21H>HU #>B>A1GAQS O1<5H>C3G51H54 2Q gUfw >C I=5 IG145S IG1CHEDGI1JDCS 1C4 MJAZ>J5H H53IDG ID dhlSkie DC 1 H51HDC1AAQ 14?MHI54 21H>HU�H CDI54S I=>H >C4>31I5H I=1I O1<5 <GDOI= >C I=5 G5<>DC>H D33MGG>C< 13GDHH I=5 5CJG5 H@>AAH HE53IGMBS O>I= 2DI==><=ZH@>AA54 1C4 ADOZH@>AA54 D33ME1JDCH 5PE5G>5C3>C< >CZ3G51H5HU

�N5G1AAS I=5 A12DG B1G@5IH G5B1>C ED>H54 6DG DC<D>C<<GDOI= >C gefj 1C4 25QDC4U �BEADQB5CI A5N5AH 1G5 HMGZE1HH>C< EG5ZG535HH>DC E51@HS <GDOI= >H D33MGG>C< 13GDHHI=5 HE53IGMB D6 >C4MHIG>5HS 1C4 O1<5H 1G5 HI1GJC< ID

���� �� ��� �� �� ��� ���� �� ����$ ���� �� �� ����� �"��� �� 0./2' ����� � ������ �� � ���� "�� �������� �� ����

$���*� ����$���)

G>H5U '>I= B1CQ D6 I=5 ODMC4H D6 I=5 �G51I "535HZH>DC 1AG514Q =51A54 >C I=5 G5<>DCS O5 1G5 3DC845CI I=1II=5 #DMI= #1C �D1FM>C &1AA5Q O>AA G5B1>C 1C 5C<>C5 D6<GDOI= >C �1A>6DGC>1 >CID I=5 6MIMG5U

$=5 gefj G51A 5HI1I5 E>3IMG5 >C I=5 #DMI= #1C �D1FM>C&1AA5Q H=DOH 1 <G51I 451A D6 G5H5B2A1C35 ID I=5 B1G@5I3DN5G54 1I A5C<I= >C I=5 "5EDGIU �DB5 EG>35 <GDOI= >CI=5 G5<>DC 3DCJCM5H ID DMIE135 I=5 C1JDC 1H 1 O=DA5S1AI=DM<= <GDOI= =1H HADO54 ID 1 BDG5 HI12A5 G1I5 DN5GI=5 A1HI FM1GI5GU �GDOI= >C G5H>45CJ1A EG>35H 3DCJCM5H1B>4 1 213@4GDE D6 HAM<<>H= =DMH>C< E5GB>I <GDOI=U�DGIMC1I5AQS AD31A =DMH>C< G5B1>CH 17DG412A5 <>N5C I=53MGG5CI ADOZ>CI5G5HI G1I5 5CN>GDCB5CIS 1C4 I=5 G5A1JN517DG412>A>IQ D6 I=5 G5<>DCVH =DMH>C< B1G@5I 1H 3DBZE1G54 ID I=5 HI1I5 1C4 C1JDC DN5G1AA >H HJAA H><C>831CIU$=5 BD45HI <GDOI= >C E5GB>IHS =DO5N5GS O>AA @55E MEZO1G4 EG5HHMG5 DC AD31A EG>35HS 1H BDG5 =DMH>C< O>AA 25C55454 >C I=5 #DMI= #1C �D1FM>C &1AA5Q >C I=5 C51G 6MZIMG5\E1GJ3MA1GAQ >C A><=I D6 1 EDEMA1JDC I=1I 3DCJCM5HID 5PE1C4 1I 1 61HI5G G1I5 I=1C I=5 HI1I5 DN5G1AAU

� ������ ������ �������� �� � ��� ��� ������ �� ���� ������ �� �������%� ����

��� ��)

�C I=5 CDCZG5H>45CJ1A H>45 D6 I=5 B1G@5IS I=5 IG5C4HI=1I O5G5 45I1>A54 >C I=5 "5EDGI 3DCJCM54 ID EA1Q DMIDN5G I=5 A1HI H>P BDCI=HU $=5 D935 1C4 >C4MHIG>1A B1GZ@5IH 3DCJCM5 ID H55 HAM<<>H= <GDOI= >C E5GB>LC< 1ADC<

#DMI= #1C �D1FM>C &1AA5Q fg �52GM1GQ gefj

Page 15: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

�+)*/. �*/./-,*0 �52GM1GQ gefj

O>I= BD45HI <GDOI= >C G5CIH 1C4 BD45HI 453A>C5H >C N1Z31C3Q G1I5HU #DA1G 1C4 G5I1>A E5GB>IH 3DCJCM5 ID 25 I=5IOD HDMG35H D6 <GDOI= >C I=5 CDCG5H>45CJ1A G51A 5HI1I5B1G@5IU #>C35 I=5 "5EDGIS I=5 G5I1>A B1G@5I =1H 3DDA54HDB5O=1I O=>A5 E5GB>I <GDOI= 6DG HDA1G EGD?53IH G5ZB1>CH GD2MHIU

�N5G1AAS I=5 G51A 5HI1I5 B1G@5I >C I=5 #DMI= #1C �D1FM>C&1AA5Q =1H 5PE5G>5C354 1 HDA>4 G53DN5GQ 1C4 3DCJCM5H ID<GDO 1I 1 BD45G1I5S 1AI=DM<= MC5N5CS E135U

&1G>DMH B5IG>3H >C4>31I5 I=1I AD31A =DB5 EG>35H =1N5255C >C3G51H>C< DN5G I=5 A1HI Q51GU �33DG4>C< ID 5HJZB1I5H 21H54 DC I=5 �545G1A �DMH>C< �>C1C35 �<5C3QVH]����^ =DB5 EG>35 >C4>35Hu B54>1C =DB5 EG>35H >C I=5#DMI= #1C �D1FM>C &1AA5Q 1EEG53>1I54 2Q nUjw 6GDB I=5I=>G4 FM1GI5G D6 gefh ID I=>G4 FM1GI5G D6 gefiU �C 3DBZE1G>HDCS �1A>6DGC>1 1H 1 O=DA5 5PE5G>5C354 =DB5 1EEG5Z3>1JDC D6 mUfw DN5G I=5 H1B5 E5G>D4S 1C4 I=5 %C>I54#I1I5H 1H 1 O=DA5 5PE5G>5C354 =DB5 1EEG53>1JDC D6 1EZEGDP>B1I5AQ jUgw 2Q I=5 H1B5 B51HMG5U �MGI=5GBDG5S=DB5 1EEG53>1JDC >C I=5 #DMI= #1C �D1FM>C &1AA5Q 3DCZJCM5H ID DMIE5G6DGB I=5 G5HI D6 I=5 C1JDC O=5C 3DBZE1G54 ID =DB5 EG>35H 1I I=5 25<>CC>C< D6 gefeU

u$=5 ���� EGDN>45H =DB5 EG>35 >C4>35H I=1I 1G5 3DCH>HI5CI 6DGBDHI G5<>DCH 13GDHH I=5 %C>I54 #I1I5HS O=>A5 DI=5G 25K5GZ@CDOC=DB5 EG>35 >C4>35H ]HM3= 1H I=5 �1H5 #=>AA5G >C45P^ DCAQ 3DN5G B1?DGB5IGDEDA>I1C 1G51HU $=5 ���� =DB5 EG>35 >C45PS =DO5N5GS DCAQ 13Z3DMCIH 6DG =DB5H EMG3=1H54 O>I= 3DC6DGB>C< BDGI<1<5H D2I1>C546GDB I=5 �545G1A �DB5 �D1C �DGI<1<5 �DGEDG1JDC ]�G544>5 �13^1C4 I=5 �545G1A �1JDC1A �DGI<1<5 �HHD3>1JDC ]�1CC>5 �15^U

85

90

95

100

105

110

115

Inde

xed

(201

0 =

100)

Q3-10 Q3-11 Q3-12 Q3-13 Q3-14

South San Joaquin Valley United States

Source: Federal Housing Finance Agency

Q1-2010 to Q3-2014Home Prices

#JAAS 45HE>I5 I=5 G535CI MEJ3@S =DB5 EG>35H G5B1>C 16Z6DG412A5 6DG B1CQ A>N>C< >C I=5 G5<>DCS 5HE53>1AAQ O=5C3DBE1G>C< I=5 #DMI= #1C �D1FM>C &1AA5Q ID DI=5G G5HZ>45CJ1A B1G@5IH >C I=5 HI1I5U $=5 B54>1C EG>35 6DG 1C5P>HJC< H>C<A5Z61B>AQ =DB5 HDA4 4MG>C< I=5 I=>G4 FM1GZI5G D6 gefi O1H dfliSeee >C �5GC �DMCIQS dfnjSlje >C�G5HCD �DMCIQS dfkgSgeg >C �>C<H �DMCIQS 1C4 dfjnSgjg>C $MA1G5 �DMCIQvU �6 I=5H5 B54>1C EG>35H 1G5 3DBE1G54ID I=5B54>1C =DB5EG>35 >C �1A>6DGC>1 1H 1O=DA5S O=>3=O1H dhmfSeee 1H D6 I=5 I=>G4 FM1GI5G D6 gefiS >I >H 1EE1GZ5CI I=1I 45HE>I5 61HI5G =DB5 EG>35 1EEG53>1JDC >C I=5G5<>DCS I=5 #DMI= #1C �D1FM>C &1AA5Q 2D1HIH 17DG412A5=DMH>C<U

�DGG5HEDC4>C<AQS B54>1C >C3DB5H 1G5 1AHD ADO5G >C I=5G5<>DC 1H 3DBE1G54 ID �1A>6DGC>1S 1C4 BM3= D6 I=5 G5Z35CI >C2DMC4 B><G1JDC =1H 255C 3DBEG>H54 D6 ODG@5GH5BEADQ54 >C ADO5G O1<5 >C4MHIG>5HU �H 1 G5HMAIS O=5CADD@>C< 1I BDCI=AQ DOC5G 3DHIH 1H 1 E5G35CI D6 >C3DB5S12HDAMI5 =DB5 17DG412>A>IQ >C I=5 #DMI= #1C �D1FM>C&1AA5Q >H H>B>A1G ID I=1I D6 I=5 HI1I5 DN5G1AAU �DG 5P1BEA5SifUnw D6 �1A>6DGC>1 =DB5DOC5GH HE5C4 hew DG BDG5 D6I=5>G BDCI=AQ >C3DB5 DC =DMH>C< 3DHIHS O=>3= >H >C A>C5O>I= =DB5DOC5GH >C �G5HCD ]hnUjw^S 1C4 $MA1G5 ]ifUhw^�DMCJ5HU �5GC 1C4 �>C<H �DMCJ5H 1G5 I=5 5P35EJDCH 1IhgUhw 1C4 gnUhwS G5HE53JN5AQU

v�1I1!M>3@

#DMI= #1C �D1FM>C &1AA5Q fh �52GM1GQ gefj

Page 16: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

�+)*/. �*/./-,*0 �52GM1GQ gefj

100,000

150,000

200,000

250,000

Aver

age

Perm

it Va

lue

($, S

moo

thed

)

0

5,000

10,000

15,000

20,000

Perm

its (A

nnua

lized

, Sm

ooth

ed)

Jan-06 Jan-08 Jan-10 Jan-12 Jan-14

Housing Units Average Permit Value

Source: Construction Industry Research Board

South San Joaquin Valley, Jan-2006 to Oct-2014Residential Construction Permits

'>I= EG>35H G>H>C< 61HI5G >C I=5 G5<>DC I=1C >C I=5 HI1I5DN5G1AAS ADO5G >C3DB5 >C2DMC4 ODG@5GH 1G5 <D>C< ID 8C4>I >C3G51H>C<AQ 4>93MAI ID 17DG4 1 =DB5U '=>A5 G>H>C<EG>35H G5B1>C 1 EDH>JN5 6DG I=5 53DCDBQ DN5G I=5 H=DGIGMC ]I=5 >C3G51H5H =5AE =DB5DOC5GH G53DN5G 5FM>IQ ADHI4MG>C< I=5 4DOCIMGC^S EG>35H G>H>C< 61HI5G I=1C >C3DB5HO>AA B1@5 =DB5 DOC5GH=>E >C3G51H>C<AQ 4>93MAI 6GDB 1ADC<5GZI5GB E5GHE53JN5U $=>H IG5C4 >H A>@5AQ ID E5GH>HIS=DO5N5GS MCA5HH I=5G5 >H 1C >C3G51H5 >C I=5 E135 D6 C5OG5H>45CJ1A E5GB>IHU �GDB �DN5B25G gefh ID �DN5B25GgefiS I=5 CMB25G D6 C5O G5H>45CJ1A E5GB>IH >HHM54 DC1 BDCI=AQ 21H>H 453A>C54 jUjwU �<1>CHI 1 213@4GDE D6EDEMA1JDC 1C4 5BEADQB5CI <1>CH I=1I 1G5 DMIE13>C<C5O E5GB>I <GDOI=S 2M>A45GH G5B1>C =5H>I1CI ID 2M>A4I=5 @>C4 D6 =DMH>C< C55454 ID HI12>A>R5 =DB5 EG>35HU

�MGI=5G =DB5 EG>35 1EEG53>1JDC 1C4 45B1C4 6DG G5HZ>45CJ1A MC>IH >C I=5 #DMI= #1C �D1FM>C &1AA5Q O>AA 1AHD45E5C4 DC I=5 14N1C35B5CI D6 3DBB5G3>1A G51A 5HI1I5U�C5G<Q EGD?53IH =1N5 A1G<5AQ 4DB>C1I54 I=>H H53IDG >C G5Z35CI Q51GHS O>I= CMB5GDMH 613>A>J5H 25>C< 5HI12A>H=54 >C1AA 6DMG 3DMCJ5HU �5GC �DMCIQ =1H 5PE5G>5C354 I=5 BDHI<GDOI= >C I=>H 31I5<DGQS 133DMCJC< 6DG ?MHI DN5G =1A6I=5 HDA1G E5GB>IH >HHM54 >C I=5 #DMI= #1C �D1FM>C &1AZA5QU '=5G51H I=5H5 IQE5H D6 EGD?53IH B1Q 25 G5?53I54 >CDI=5G E1GIH D6 I=5 HI1I5S I=5Q 1G5 5PE1C4>C< >C #DMI= #1C

�D1FM>C &1AA5Q O=5G5 I=5G5 >H 1BEA5 45N5ADE12A5 A1C4U�GDB �DN5B25G gefh ID �DN5B25G gefiS I=5 1CCM1AZ>R54 N1AM5 D6 E5GB>IH 6DG HDA1G EGD?53IH >C3G51H54 hiUmwID dgjUf B>AA>DCU

������ ������� ��$ ������ �� �� �� ������������� �� ����' � � � ���� ����������� �"��!� ����� ������ +� �����

0./0 �� ��!����� 0./1, ��� ������ "�������� �# ������� ���"�� �� ������

�������)

�5O G5I1>A 35CI5GH 31C 25 5N5C BDG5 5753JN5 >C 1KG13IZ>C< G5H>45CIH ID I=5 #DMI= #1C �D1FM>C &1AA5Q 2531MH5I=5Q EGDN>45 5CI5GI1>CB5CI 1C4 3DCHMBEJDC DEEDGIMZC>J5H I=1I 1G5 5HE53>1AAQ 1EE51A>C< ID QDMC<5G =DMH5Z=DA4HU �44>JDC1A G5I1>A HIDG5 45N5ADEB5CI ODMA4 HMEZEDGI <GDOI= >C I=5 G5<>DCS E1GJ3MA1GAQ 45N5ADEB5CIHH>B>A1G ID I=5 #=DEH 1I ">N5G '1A@ >C I=5 �>IQ D6 �1@Z5GH85A4U �DCHIGM3JDC E5GB>IH 6DG C5O G5I1>A HIDG5H DN5GI=5 A1HI IO5AN5 BDCI=H ]�3ID25G gefh ID �DN5B25Ggefi^ =1N5 61AA5C ID dfllUh B>AA>DC >C I=5 #DMI= #1C�D1FM>C &1AA5QS 3DBE1G54 ID dflnUe B>AA>DC >C I=5 EG5ZN>DMH IO5AN5 BDCI=HU

0

5,000

10,000

15,000

20,000

25,000

Perm

its (A

nnua

lized

, Sm

ooth

ed)

Jan-06 Jan-08 Jan-10 Jan-12 Jan-14

Industrial RetailOffice Solar

Source: Construction Industry Research Board

South San Joaquin Valley, Jan-2006 to Oct-2014Nonresidential Permits

$=>H B1Q 1EE51G ID 25 1 4>H1EED>CJC< 453A>C5S 2MI 4MGZ>C< I=1I 51GA>5G IO5AN5 BDCI= E5G>D4 ]�3ID25G gefgID �DN5B25G gefh^ I=5 G5<>DC O1H H55>C< 5P35EJDC1A<GDOI= >C G5I1>A E5GB>IHU �N5C >6 <GDOI= I=>H Q51GO1H :1IS>I 31B5 1;5G 1 2AD3@2MHI5G Q51G 6DG G5I1>A 3DCHIGM3JDCU

#DMI= #1C �D1FM>C &1AA5Q fi �52GM1GQ gefj

Page 17: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

�+)*/. �*/./-,*0 �52GM1GQ gefj

�N5G1AAS 3DBB5G3>1A 3DCHIGM3JDC 13JN>IQ H=DMA4 3DCZJCM5 ID EGD<G5HH >C gefj >C #DMI= #1C �D1FM>C &1AA5QU$=>H >C3AM45H 2DI= C5O 3DBB5G3>1A HIGM3IMG5HS 1C4 G5CZDN1JDCH 1C4 1AI5G1JDC EGD?53IHT dfUik 2>AA>DC >C E5GB>IN1AM5H O5G5 8A54 >C I=5 6DMGZ3DMCIQ #DMI= #1C �D1FM>C&1AA5Q G5<>DC DN5G I=5 A1HI fg BDCI=H ]�3ID25G gefh ID�DN5B25G gefi^S DC IDE D6 dfUkf 2>AA>DC 8A54 >C I=5 EG5ZN>DMH IO5AN5BDCI=H ]�3ID25G gefg ID�DN5B25G gefh^U�C 3DBE1G>HDCS DCAQ deUkm 2>AA>DC >C E5GB>LC< N1AM5O1H8A54S DC 1N5G1<5S >C I=5 I=G55 EG5354>C< IO5AN5ZBDCI=E5G>D4HU

$=5 G51A 5HI1I5 B1G@5I >C I=5 #DMI= #1C �D1FM>C &1AA5Q3DCJCM5H ID 25 1 B>P54 21<U $=5G5 1G5 EDH>JN5 IG5C4HDC 2DI= I=5 G5H>45CJ1A 1C4 3DBB5G3>1A H>45H D6 I=5B1GZ@5IS 2MI I=5H5 IG5C4H CDI C535HH1G>AQ 2GD14 21H54S O>I=HDB5 3DMCJ5H 1C4 H53IDGH D6 I=5 B1G@5I 4D>C< 25K5GI=1C DI=5GHU �D31A G5H>45CJ1A G51A 5HI1I5 G5B1>CH 17DG4Z12A5O=5C 3DBE1G>C< EG>35H >C I=5 G5<>DC ID �1A>6DGC>1 DGI=5 %C>I54 #I1I5H 1H 1 O=DA5U #AM<<>H= 2M>A4>C< E5GB>I<GDOI= 1C4 1 <GDO>C< EDEMA1JDCS =DO5N5GS 1G5 EMH=Z>C< EG>35H ME 1I 1 61>GAQ G1E>4 G1I5S O=>3= DN5G I=5 A1HIQ51G DG HD =1H 5GD454 HDB5 D6 I=5 G5A1JN5 17DG412>A>IQ5C?DQ54 2Q I=5 G5<>DCU #DA1G EGD?53IH 3DCJCM5 ID 4DBZ>C1I5 I=5 3DBB5G3>1A B1G@5I >C I=5 #DMI= #1C �D1FM>C&1AA5QU �DO5N5GS G5I1>A E5GB>IH =1N5 1AHD H55C H><C>831CI<GDOI=S O=>3= H=DMA4 =5AE 1KG13I 144>JDC1A HE5C4>C<ID I=5 1G51U

$=5 45BD<G1E=>3 A1C4H31E5 >C I=5 #DMI= #1C �D1FM>C&1AA5Q 3DCJCM5H ID G5H5B2A5 >IH EGD8A5 D6 A1HI Q51GU �5ZHE>I5 I=5 DC<D>C< 4GDM<=IS O=>3= =1H 1753I54 BM3=D6 I=5 1<G>3MAIMG1A >C4MHIGQ >C I=5 G5<>DCS DN5G1AA EDEZMA1JDC <GDOI= 3DCJCM5H ID DMIE135 �1A>6DGC>1U �C<DZ

>C< >BEGDN5B5CI >C I=5 G5<>DCVH A12DG B1G@5IH 1C4 1C>BEGDN>C< =DMH>C< B1G@5I 3DCJCM5 ID 4G>N5 EDH>JN5C5I B><G1JDCU �C3G51H54 E5GHDC1A >C3DB5 1C4 B54>1C=DMH5=DA4 >C3DB5 <GDOI= G5:53I I=5 >BEGDN>C< 53DCZDBQ I=GDM<=DMI I=5 #DMI= #1C �D1FM>C &1AA5QU

�DG5DN5GS O=1I O1H DC35 3DCH>45G54 1 C5<1JN5 613ZIDG >C I=5 G5<>DC =1H IMGC54 G5A1JN5AQ EDH>JN5U �G>B5G1I5H I=GDM<=DMI I=5 #DMI= #1C �D1FM>C &1AA5Q =1N5 45Z3G51H54 H>C35 A1HI Q51GS O=>3= A5C4H 3G545C35 ID >BZEGDN54 53DCDB>3 3DC4>JDCHU $=>H H=DMA4 2D45 O5AA 6DGI=5 G5<>DCS 1H 453G51H54 3G>B5 13JN>IQ O>AA 1KG13I BDG52MH>C5HHU

�N5G I=5 A1HI Q51GS I=5 #DMI= #1C �D1FM>C &1AA5Q =1H 3DCZJCM54 ID 45BDCHIG1I5 <GDOI= >C >IH EDEMA1JDCU �GDB�MAQ gefh ID �MAQ gefiS I=5 5CJG5 G5<>DC 5PE5G>5C354 1eUmw >C3G51H5 >C >IH EDEMA1JDCS G513=>C< C51GAQ gUj B>AZA>DC G5H>45CIHU '=>A5 I=>H <GDOI= G1I5 >H HA><=IAQ A5HH I=1CI=1I D6 I=5 #I1I5 D6 �1A>6DGC>1S O=5G5 EDEMA1JDC <G5O 2QeUnw DN5G I=5 A1HI Q51GS I=5 #DMI= #1C �D1FM>C &1AA5QVHEDEMA1JDC <GDOI= DN5G I=5 A1HI 453145 =1H 3A51GAQ HMGZE1HH54 I=1I D6 I=5 HI1I5S 5PE1C4>C< 2Q DN5G fiw 3DBZE1G54 ID A5HH I=1C mw 6DG �1A>6DGC>1U �5HE>I5 A>C<5G>C<3DC35GCH 12DMI I=5 DC<D>C< HI1I5O>45 4GDM<=IS I=5 56Z653IH DC I=5 AD31A 1<G>3MAIMG5 >C4MHIGQ =1N5 CDI 255C 1HH5N5G5 1H B1CQ 5PE53I54U $=5 #DMI= #1C �D1FM>C &1AA5QG5B1>CH 1 <GDO>C< G5<>DC 1C4 1C 1KG13JN5 45HJC1JDC6DG B><G1CIH H55@>C< 5BEADQB5CI 1C4 17DG412A5 =DMHZ>C<U

'=>A5 �5GC �DMCIQ =1H 3A51GAQ A54 I=5 G5<>DC >C I5GBH D6EDEMA1JDC <GDOI= DN5G I=5 A1HI 453145S �G5HCD �DMCIQA54 >C I5GBH D6 <GDOI= DN5G I=5 A1HI Q51GS 5PE1C4>C<>IH EDEMA1JDC 2Q fUfw ID nklSeee G5H>45CIHU $=5 3DBZB5C35B5CI D6 I=5 �1A>6DGC>1 �><=Z#E554 "1>A A>C5 >C�G5HCD �DMCIQ O>AA 1KG13I BDG5 G5H>45CIHS 1H >C3G51H543DCHIGM3JDC 13JN>IQ DC I=>H ADC<ZI5GB >C6G1HIGM3IMG5EGD?53I O>AA 4G1O A12DG B><G1CIHU �I H=DMA4 1AHD EGDN>4514454 HJBMAMH ID 2DI= �G5HCD �DMCIQ 1C4 I=5 G5<>DC 1H

#DMI= #1C �D1FM>C &1AA5Q fj �52GM1GQ gefj

Page 18: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

�+)*/. �*/./-,*0 �52GM1GQ gefj

� '%� ��� �"'�� �����* �* ����,�%�����%*+ �#���%��� � !'��& �+ /-.0

"135Y�I=C>3>IQ�G5HCD �5GC �>C<H $MA1G5

�1A>6DGC>1�DMCIQ �DMCIQ �DMCIQ �DMCIQ

�>HE1C>3 DG �1JCD jfUk jeUn jgUl kgUh hmUi'=>I5 hfUh hkUm hiUe heUn hmUm�H>1C nUn iUi hUj hUj fhUi�A13@Y�6G>31C �B5G>31C iUn jUh kUj fUh jUl$OD DG �DG5 "135H fUl fUm gUg fUg gUm#DB5 �I=5G "135 eUg eUf eUf eUe eUg�1IU �1O1>>1CY 13>83 �HA1C45G eUg eUf eUh eUf eUh�BU �C4>1CY�A1H@1 �1JN5 eUi eUk eUm eUl eUi

#DMG35T %C>I54 #I1I5H �5CHMH �MG51M

1 O=DA5 >C I=5 6DGB D6 HE>AAZDN5G 5753IH 6GDB >C3G51H54=DMH5=DA4 51GC>C<H 1C4 HE5C4>C<U

100

105

110

115

120

Inde

x (2

004

= 10

0)

2004 2006 2008 2010 2012 2014

Tulare County Fresno CountyKern County Kings CountyCalifornia

Source: U.S. Bureau of Economic Analysis

2004 to 2014South San Joaquin Valley Population (Indexed)

�C I5GBH D6 C5I 4DB5HJ3 B><G1JDCS I=5 #DMI= #1C�D1FM>C &1AA5Q 13IM1AAQ 5PE5G>5C354 C5<1JN5 C5I B>Z<G1JDCS ADH>C< 1EEGDP>B1I5AQ mSeee G5H>45CIH 6GDB �MAQgefh ID �MAQ gefiS 1H G5EDGI54 2Q I=5 �1A>6DGC>1 �5E1GIZB5CI D6 �>C1C35U $=MHS I=5 EG>B1GQ 3DBEDC5CI 4G>N>C<I=5 EDH>JN5 EDEMA1JDC <GDOI= O1H I=GDM<= I=5 C1IMG1A>C3G51H5 >C EDEMA1JDCU �GDB �MAQ gefhS ID �MAQ gefiS I=5C1IMG1A >C3G51H5 >C EDEMA1JDC <G5O 2Q ghSjeeU �5HE>I5I=>H B>CDG H5I213@ >C 4DB5HJ3 B><G1JDCS I=5 DN5G1AA G5Z<>DC HJAA 5PE5G>5C354 EDH>JN5 EDEMA1JDC <GDOI=U �C 14Z4>JDCS 1H I=5 AD31A A12DG B1G@5IH 3DCJCM5 ID HADOAQ >BZEGDN5S DC5 H=DMA4 5PE53I >C3G51H5H >C B><G1JDCU �IH G5AZ1JN5 17DG412>A>IQ 3DBE1G54 ID I=5 G5HI D6 I=5 HI1I5S 1HO5AA 1H I=5 ME3DB>C< 3DCHIGM3JDC D6 I=5 �1A>6DGC>1 �><=#E554 "1>A #QHI5B >C �G5HCD �DMCIQS H=DMA4 5CJ35 I=DH5HIGM<<A>C< ID 8C4 ODG@ >C 3DCHIGM3JDC ID B><G1I5 ID I=5G5<>DCU

�C3DB5 <GDOI= I=GDM<=DMI I=5 #DMI= #1C �D1FM>C &1AA5QG5B1>CH GD2MHIU �N5G I=5 E1HI Q51GS E5GHDC1A >C3DB5 >CZ3G51H54 hUiw ID C51GAQ dmj B>AA>DCS 3DBE1G54 ID 1 gUmw>C3G51H5 6DG I=5 5CJG5 HI1I5U #>C35 geemS E5GHDC1A >CZ3DB5 >C I=5 #DMI= #1C �D1FM>C &1AA5Q <G5O ggUhwU

�G5HCD �DMCIQ 5PE5G>5C354 I=5 =><=5HI Q51GZDN5GZQ51G<GDOI= >C E5GHDC1A >C3DB5 >C I=5 G5<>DCU �N5G I=5 A1HIQ51GS �G5HCD �DMCIQVH E5GHDC1A >C3DB5 <G5O 2Q iUewS4M5 >C A1G<5 E1GI ID 1C >BEGDN54 A12DG B1G@5I 1C4 >CZ3G51H54 DN5G1AA HE5C4>C< 13JN>IQS O=>3= =1H 3G51I54HE>AAZDN5G 5753IH 13GDHH I=5 #DMI= #1C �D1FM>C &1AA5Q >CG5A1JDC ID =DMH5=DA4 >C3DB5U

100

115

130

145

160

175

190

Inde

x (2

003

= 10

0)

2003 2005 2007 2009 2011 2013

Tulare County Fresno CountyKings County Kern CountyCalifornia

Sources: US Bureau of Economic Analysis

Select Regions, 2003 to 2013Personal Income Growth (Indexed)

�H E5GHDC1A >C3DB5 3DCJCM5H ID <GDOS HD 4D5H B5Z4>1C =DMH5=DA4 >C3DB5 I=GDM<=DMI I=5 G5<>DCU �N5G I=5A1HI Q51GS B54>1C =DMH5=DA4 >C3DB5 >C I=5 #DMI= #1C�D1FM>C &1AA5Q <G5O 2Q fUhwU'=>A5 I=>H <GDOI= G1I5 61AAHH=DGI D6 I=5 hUgw 1CCM1A <GDOI= G1I5 6DG I=5 HI1I5 1H 1O=DA5S I=5 1G51S D6 3DMGH5S O1H DC5 D6 I=5 =1G45HI =>I4MG>C< I=5 G535HH>DCU $=5G5 >H 1AHD EDH>JN5 <GDOI=S 1AZ25>I HADOS >C B54>1C =DMH5=DA4 >C3DB5S O=>3= H=DMA425 I1@5C 1H 1 EDH>JN5 H><C D6 53DCDB>3 >BEGDN5B5CIU�>N5C I=1I �G5HCD 1C4 �5GC �DMCJ5H 3DBEG>H5 1 B1?DGZ>IQ D6 I=5 EDEMA1JDC 1C4 31C 25 3DCH>45G54 BDG5 45ZN5ADE54 1G51H O>I=>C I=5 #DMI= #1C �D1FM>C &1AA5QS >I >HCD HMGEG>H5 I=1I I=5H5 IOD �DMCJ5H A54 I=5 G5<>DC >C

#DMI= #1C �D1FM>C &1AA5Q fk �52GM1GQ gefj

Page 19: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

�+)*/. �*/./-,*0 �52GM1GQ gefj

������ � '$�� �� �� ��#DMI= #1C �D1FM>C &1AA5Q 1C4 �1A>6DGC>1S gefh ]d^

(51G ##�&�G5HCD �5GC �>C<H $MA1G5

�1A>6DGC>1�DMCIQ �DMCIQ �DMCIQ �DMCIQ

gefg ihSiii ifSkgl ijSnfe ijSnhj ieSheg jmShgmgefh iiSeee ihSngj ikSmln ijSlli hnSigg keSfne

#DMG35T %U#U �5CHMHS �B5G>31C �DBBMC>IQ #MGN5Q

B54>1C =DMH5=DA4 >C3DB5 <GDOI=U �C E1GJ3MA1GS �G5HCD�DMCIQ 5PE5G>5C354 1 jUjw >C3G51H5 >C B54>1C 61B>AQ>C3DB5 6GDB gefg ID gefhS O=>A5 �5GC �DMCIQ 5PE5G>Z5C354 1 gUfw 1CCM1A >C3G51H5U

�C I5GBH D6 >C3DB5 A5N5AHS I=DH5 O=D =1N5B><G1I54 >CIDI=5 #DMI= #1C �D1FM>C &1AA5Q 3DCJCM5 ID 25 EG>B1G>AQADO5GZ>C3DB5 >C4>N>4M1AHU �DBE1G54 ID gefgS =DO5N5GSI=5G5 =1H 255C HDB5 3=1C<5 >C I=5 >C3DB5 3DBEDH>ZJDC D6 >C2DMC4 B><G1CIH ID I=5 G5<>DCU �C gefhS I=5H=1G5 D6 C5I B><G1CIH O>I= >C3DB5H 25IO55C dljSeee1C4 dnnSeee >C3G51H54 ID iUmwS 3DBE1G54 ID ?MHI fUiw>C gefgU $=5 H1B5 >H IGM5 6DG I=DH5 O>I= >C3DB5H 25ZIO55C dieSeee 1C4 dinSnnnU �C gefgS I=5 H=1G5 D6 C5IB><G1CIHO>I= >C3DB5H >C I=>H A1K5G G1C<5O1H DCAQ eUjwSO=>A5 >C gefhS I=5 H=1G5 >C3G51H54 ID fgUjwU �C3DB5 >CI=5 #DMI= #1C �D1FM>C &1AA5Q 3DCJCM5H ID >BEGDN5 1I 1HI514Q E135U

�G>B5 >C I=5 #DMI= #1C �D1FM>C &1AA5Q =1H 1AHD 61AA5CDN5G I=5 A1HI Q51GU $=5 CMB25G D6 N>DA5CI 3G>B5H >C I=5G5<>DC =1H G5B1>C54 :1IS O=>A5 I=5 CMB25G D6 EGDE5GIQ3G>B5H 65AA 2Q feUiwU #>C35 geemS G5EDGI54 >C3>45C35H D6EGDE5GIQ 3G>B5 =1N5 4GDEE54 2Q fhUhwU

75

90

105

120

135

Inde

x =

100

in 2

008

2008 2009 2010 2011 2012 2013

Fresno County Kern CountyKings County Tulare County

Source: U.S. Federal Bureau of Investigation

South San Joaquin Valley, 2008 to 2013Violent Crimes

50

60

70

80

90

100

110

Inde

x =

100

in 2

008

2008 2009 2010 2011 2012 2013

Fresno County Kern CountyKings County Tulare County

Source: U.S. Federal Bureau of Investigation

South San Joaquin Valley, 2008 to 2013Property Crimes

�AI=DM<= I=5 CMB25G D6 N>DA5CI 3G>B5H DN5G I=5 E1HIQ51G G5B1>C54 HI514QS I=5 N>DA5CI 3G>B5 G1I5 >C I=5#DMI= #1C �D1FM>C &1AA5Q ]458C54 1H I=5 CMB25G D6 N>ZDA5CI 3G>B5H E5G feeSeee G5H>45CIH^ >H 13IM1AAQ 4DOCfUgwS 4M5 ID >C3G51H5H >C EDEMA1JDC I=GDM<=DMI I=5 G5Z<>DC DN5G I=5 E1HI Q51GU

�C3DMG1<>C<AQS I=5 >C3G51H5 >C EDEMA1JDC >H CDI 25>C<B5I 2Q 1 EGDEDGJDC1A ]DG <G51I5G^ >C3G51H5 >C G5EDGI54>C3>45C35H D6 N>DA5CI 3G>B5U �MGI=5GBDG5S I=5 EGDE5GIQ3G>B5 G1I5 >C I=5 G5<>DC >H 4DOC ffUhw DN5G I=5 A1HI Q51GSADO5G 2Q 12DMI fee G5EDGI54 >C3>45C35H E5G feeSeeeE5DEA5U

#DMI= #1C �D1FM>C &1AA5Q fl �52GM1GQ gefj

Page 20: California Partnership for the San Joaquin Valleysjvpartnership.org/wp-content/uploads/2015/06/2015_SSJV... · 2017. 3. 21. · dn5gi=5h1b5e5g>d4u#>b>a1gaqsi=5#dmi=#1c d1fm>c

�+)*/. �*/./-,*0

�513DC �3DCDB>3H >H DC5 D6 �1A>6DGC>1VH A514>C< 53DCDB>3 G5H51G3= 1C4 3DCHMAJC< 8GBHS HE53>1A>R>C< >C 53DCDB>3 1C4G5N5CM5 6DG531HJC<S 53DCDB>3 >BE13I 1C1AQH>HS 53DCDB>3 EDA>3Q 1C1AQH>HS G5<>DC1A 53DCDB>3 1C1AQH>HS G51A 5HI1I5 B1GZ@5I 1C4 >C4MHIGQ 1C1AQH>HS 1C4 ��Zj &>H1 1C1AQH>HU �CDOC 6DG 45A>N5G>C< >C45E5C45CI 1C4 G><DGDMH 1C1AQH>HS O5 HIG>N5ID <>N5 DMG 3A>5CIH 1C MC45GHI1C4>C< D6 53DCDB>3 IG5C4HS 41I1S 1C4 EDA>3>5H I=1I =5AEH HIG5C<I=5C HIG1I5<>3 453>H>DCB1@>C<U �A>5CIH G1C<5 6GDB I=5 #I1I5 D6 �1A>6DGC>1 ID �DGIMC5 jee 3DBE1C>5H ID B1?DG 3>J5H 1C4 MC>N5GH>J5HU �51GCBDG5 1I OOOU�513DC�3DCU3DBU

�3DCDB>3 a "5N5CM5 �DG531HJC<

�MH>C5HHS �C4MHIGQS a �1G@5I �C1AQH>H

�3DCDB>3 �5N5ADEB5CI �C1AQH>H

DGIH a �C6G1HIGM3IMG5 �C1AQH>H

M2A>3 #E51@>C<

�PE5GI $5HJBDCQ

���#�� ������1C1<>C< 1GIC5G]igi^ kikZikjk#=5G>6b�513DC�3DCU3DB

���� ���%��>G53IDG D6 �MH>C5HH �5N5ADEZB5CI]mjm^ nnlZfmhi">3@b�513DC�3DCU3DB

#DMI= #1C �D1FM>C &1AA5Q fm �52GM1GQ gefj