Wednesday, January 29, 2014

Biz Barometer

J A total of 444 homes were sold in Pekin in 2013.  That’s a 3.7% increase over 2012.
L The average sales price of a home in Pekin in was $107,999 in 2013.  That’s down 1.5% from 2012’s average price.
L The unemployment rate in Pekin was 10.5% in December, up from 10.1% in November and 9.4% a year ago.
J 15,508 people were employed in Pekin in December .  That’s up 21 from November.
L Pekin’s January sales tax disbursement from the state was down 15.1% compared to a year ago.
J Pekin’s sales tax disbursement for the past 12 months is 2.2% greater than the previous 12 months.
K The Consumer Price Index for All Urban Consumers (CPI-U) increased  0.3 percent in December on a seasonally adjusted basis.  Over the last 12 months, the all items index increased 1.5 percent before seasonal adjustment.

(Source:  Peoria Area Association of Realtors, Illinois Department of Revenue, Bureau of Labor Statistics, Illinois Department of Employment Security)

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