(Rock County, WI) The County's economy continued to demonstrate growth, as reported by today's release of the Q2 2014 Rock Ready Index. Highlights from the Q2 report include the following:
Unemployment Rates, as measured by annual averages, continued to decline. Meanwhile, the monthly rate movements during the quarter essentially averaged out to a stabilized figure.
Average Sale Prices for residential homes throughout Rock County reached their highest price points since Q2 2008. Additionally, the number of sales and the average number of listings during Q2 outpaced its 2013 quarterly counterpart, accordingly.
Sales Tax Collections for the County continued to push the bar upward, as Q2's collections set another record. These collections were over 7% higher and nearly 10% higher than comparable time periods during 2013 and 2012, respectively.
Energy consumption, as measured by the number of electric meters and kWh usage, remained strong as Q2 2014 outpaced its counterparts from both 2013 and 2012.
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) Trends, 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