(Rock County, WI) The County's economy continued to demonstrate positive gains, as reported in this week's release of the Q4 2013 Rock Ready Index. Highlights from the Q4 report include the following:
Unemployment Rates, as measured by annual averages, are at their lowest rates in five years. From 2009-2013, Rock County's annual average unemployment rate dropped 4.4%. The State of WI's rate during this period experienced a 2.3% drop.
Average Sale Prices for residential homes throughout Rock County reached their highest price points in four years. This translates into a 7.5% increase from the average sale prices recorded back in 2010.
Sales Tax Collections for the county reached a record level in 2013 at $10.6 Million dollars. This new record represented an 8% increase from 2009's year-end totals.
Energy consumption, as measured by the number of electric meters and kWh usage, remained strong. Q4 2013's usage was 5% higher and the number of meters were 3% higher than the same quarterly period a year ago.
The Rock Ready Index (RRI) is a quarterly economic development dashboard compiled and distributed by the Rock County Development Alliance. The RRI covers four topical areas: Workforce (Job Postings and Unemployment Rates), Real Estate (Residential, Commercial or Industrial Activities), Sales (Tax Collection) Activities and Energy Consumption (Meters & Usage). Each Index also includes a Project Profile section, which highlights project specific news during a given quarter. For additional information, visit www.RockCountyAlliance.com .