(Rock County, WI) The County's economy continued to demonstrate growth, as reported by today's release of the Q3 2014 Rock Ready Index
. Highlights from the Q3 report include the following:
Unemployment Rates, as measured by annual averages, continued to decline. To date, these figures represent the lowest rates in over five years.
Average Sale Prices for residential homes throughout Rock County reached their highest price points since YR 2007. Additionally, the transaction activities during the quarter remained strong, as well.
Sales Tax Collections for the County continued to move upward, as Q4's collections set another record. These collections are 16% higher than Q2's totals and nearly 11% above the collections recorded during Q3 2013.
Energy consumption, as measured by the number of electric meters, remained strong as Q3 2014 outpaced its quarterly counterparts from previous years. Meanwhile, total electric usage for Q3 2014 was higher than the previous year's figure during the same time period.
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