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Agenda Packet_2022-01-18
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Agenda Packet_2022-01-18
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1/12/2022 5:15:24 PM
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City Clerk
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Agenda Packet
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1/18/2022
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EXHIBIT 3 <br /> City of Santa Ana = - <br /> �- n <br /> N U <br /> News <br /> • Economic Activity: Real Gross Domestic Product(GDP)grew at a seasonally adjusted annualized rate of 6.5% <br /> in the second quarter of 2021. Real GDP in Q2 2021 surpassed its Q4 2019 pre-pandemic peak by 0.8%. <br /> (Finance Bulletin,August 2021) <br /> • Employment:The U.S. unemployment rate fell by 0.7%to 5.2% in August of 2021 compared to July of 2021. <br /> Total U.S. nonfarm payroll employment increased by 235,000 (0.2%) in August compared to July of 2021. <br /> California's unemployment rate remained unchanged at June's revised rate of 7.6%for the month of July <br /> 2021. California's civilian employment increased by 56,000 (0.3%) in July of 2021 compared to June of 2021. <br /> (Finance Bulletin,August 2021 & BLS) <br /> • Personal Income: U.S. personal income increased by 2.7% in the Second quarter of 2021, compared to same <br /> quarter previous year.This increase was after a 5.2% growth in the first quarter of 2021. (BEA) <br /> Santa Ana <br /> Annual Per Capita Sales Tax <br /> Adjusted for Inflation <br /> (Constant 2017$) <br /> ■General Retail $23 $23 $23 $20 <br /> $21 <br /> Food Products <br /> ■Transportation <br /> ■Construction 13 $13 <br /> $12 <br /> ■Business To Business <br /> Miscellaneous <br /> $1 = <br /> County Pool $1 <br /> (Cash Basis) <br /> 2017Q2 $139 2018Q2 $140 2019Q2 $141 2020Q2 $130 2021Q2 $138 <br /> City Council 30 — 20 1/18/2022 <br />
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