Biz Barometer
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Pekin’s
sales tax disbursement received from the state in April was 2.2% greater than
the April 2011 payment. This generally
represents tax collected on sales in January.
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Pekin’s
sales tax disbursements received from the state in the last 3 months are 4.7%
greater than the same period in 2011.
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East
Peoria’s sales tax disbursements received from the state for the last 12
months is 8.1% greater than the previous 12-month period.
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For
the 12 months ending in April, Pekin (+1.2%), Morton (3.4%), and Washington (3.0%)
also saw increases over the previous year’s tax disbursements received from the
state.
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The
number of residential units sold in the 61554 zip code in the first two
months of 2012 is up 6.7% over the same period in 2011.
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The
average sales price of a residential unit in Pekin in the first two months of
2012 is up 9.1% over the same period in 2011.
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Pekin’s
unemployment rate went from 10.8% in January of 2012 to 10.3% in February of
2012.
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The
number of people employed in Pekin (15,929) in February of 2012 was 160 more
than January of 2012.
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The
number of people employed in Pekin (15,929) in February of 2012 was 525 or
3.4% more than February of 2011.
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The
number of people employed in the Peoria region (184,204) in February of 2012
was 4,533 or 2.5% more than a year ago.
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Nationally, non-farm payroll employment
rose by 120,000 in March, and the unemployment rate was little changed at
8.2%
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The Consumer Price Index for All Urban
Consumers (CPI-U) increased 0.3 percent in March on a seasonally adjusted
basis. Over the last 12 months, the
all items index increased 2.7 percent before seasonal adjustment.
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Sources: Illinois Department of Employment Security;
Illinois Department of Revenue; Peoria Area Association of Realtors; Bureau
of Labor Statistics
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