Janet F. Speyrer, Ph.D. Associate Dean for Research College of Business Administration Th The University of New Orleans U i it f N O l November 2008
Initial Unemployment Claims p y New Orleans vs. US ‐ Average per week 3,000 600,000 550,000 2,500 500,000 2,000 450,000 ew Orleans Claims US Claims 1,500 400,000 Ne 350,000 1,000 300,000 500 250,000 0 200,000 Mar ‐ 99 Mar ‐ 00 Mar ‐ 01 Mar ‐ 02 Mar ‐ 03 Mar ‐ 04 Mar ‐ 05 Mar ‐ 06 Mar ‐ 07 Mar ‐ 08 New Orleans Metro US Source: US Bureau of Labor Services, Louisiana Dept of Labor
Per Capita Personal Income New Orleans Metro vs. US 45,000 40,000 35,000 30 000 30,000 25,000 20,000 15,000 10,000 New Orleans Metro US 5,000 0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 1 1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 2 Source: Bureau of Economic Analysis, DBER
N. O. Area Average Weekly Wage (in dollars) (in dollars) Includes 8 parish area: New Orleans Metro plus St. James parish Source: Louisiana Dept of Labor
New Orleans Metro Job Overview New Orleans Metro Job Overview
N O Metro Total Employment N. O. Metro Total Employment
Comparison of New Orleans Economic Sectors R Recovery Since Katrina Si K t i
New Orleans Metro Current Employment Percent of Pre ‐ Katrina Jobs 140% 120% 100% 80% 60% 40% 20% 20% 0% Added Year 3 Added Year 2 Added Year 1 Low
New Orleans Metro Total Population New Orleans Metro Total Population Sources: US Census, GCR & Assoc., System Solutions Consulting
Parish Population Parish Population 500,000 450,000 2005 Pre ‐ K 400,000 2005 Oct 350,000 2006 Jan 2007 July 300,000 250,000 200,000 150,000 100,000 50,000 0
New Orleans Metro Economic Indicators Percent compared to same Month Pre ‐ Katrina
N. O. Metro Construction Activity Per Month Source: FW Dodge, Div of McGraw-Hill
New Orleans Metro Taxable Sales New Orleans Metro Taxable Sales
Crude Oil and Natural Gas Prices Crude Oil and Natural Gas Prices Source: U.S. Dept of Energy
Total Tonnage Moving Through the Port of New Orleans
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