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About Corpus Christi, TX - Regional Profile
Economic Trends May 2008

Building Permits
May YTD 2008
2007
2006
2005
2004
CITY OF CORPUS CHRISTI        
New Residential Permits
439
1,252
1,692
1,531
1,457
New Residential Valuation
$62,741,580
$148,450,658
$241,180,554
$199,543,259
$172,818,160
New Commercial Permits
82
280
361
318
306
New Commercial Valuation
$35,284,582
$108,504,979
$132,941,420
$205,205,534
$118,167,688
Source: City of Corpus Christi

Enplanements/Corpus Christi International Airport
Enplanements - Corpus Christi International Airport
Source: Corpus Christi International Airport
Employment by Sector for Selected Month/Corpus Christi MSA
May-08
May-07
May-06
May-05
May-04
Total Non-Farm Employment
179,200
178,300
174,600
172,200
167,300
Natural Resources, Mining and Construction
21,200
19,400
18,300
18,400
15,400
Manufacturing
10,900
11,300
11,400
10,500
11,500
Trade, Transportation and Utilities
32,200
31,600
30,800
30,300
29,700
Professional and Business Services
16,100
17,300
16,700
16,000
16,100
Educational and Health Services
27,200
26,800
26,100
26,400
25,700
Leisure and Hospitality
21,800
22,000
21,000
20,800
19,200
Government
32,800
33,100
33,400
32,900
32,600
Source: Texas Workforce Commission

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Unemployment Rate for 13 month period
Texas Workforce Commission
Source: Texas Workforce Commission

Average Annual Wages from 3rd Quarter 2007 Data
Average Annual Wages from 3rd Quarter 2007 Data chart
Source: U.S. Bureau of Labor Statistics

ACCRA Cost of Living Index / Comparison of Port Cities
2008
1st Quarter
2007
Annual Average
2007
3rd Quarter
2007
2nd Quarter
Corpus Christi MSA
88.0
88.2
89.2
88.0
Houston, Texas
88.2
87.7
87.6
87.7
Savannah, Georgia
95.2
94.8
93.8
96.0
Mobile, Alabama
92.4
93.2
93.1
94.9
Miami, Florida
116.3
115.4
114.7
116.3
New Orleans, Louisiana
99.8
99.6
98.5
101.3
Baton Rouge, Louisiana
90.9
91.2
92.2
91.3
Baltimore, Maryland
119.7
118.0
118.1
117.6

National Average = 100
Source: ACCRA
**** Indicates cities that did not participate in that quarter's COLI survey

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Per Capita Personal Income
Est. 2006
2005
2004
2003
2002
Aransas County
$31,775
$27,504
$26,186
$25,394
$24,894
Bee County
$19,366
$17,564
$16,715
$15,695
$15,520
Corpus Christi MSA
$31,464
$28,603
$27,340
$26,271
$24,845
Jim Wells County
$26,787
$24,184
$22,722
$21,149
$19,953
Kleberg County
$26,740
$24,761
$22,884
$21,157
$19,856
Nueces County
$32,299
$29,541
$28,212
$26,638
$25,425
San Patricio County
$27,452
$24,674
$23,698
$22,669
$21,630
Texas
$35,166
$32,460
$30,732
$29,074
$28,721
United States
$36,714
$34,471
$33,050
$31,484
$30,810

Source: Bureau of Economic Analysis
2006 Estimates released April 24, 2008


Gross Sales - Retail Trade
 
2007
2006
2005
2004
2003
City of
Alice
$351,701,513
$ 333,856,579
$ 226,358,656
$ 209,638,529
$ 222,292,978
City of
Aransas Pass
$233,561,088
240,478,140
217,497,471
203,888,937
188,849,117
City of
Beeville
$194,078,596
165,485,103
150,125,898
142,796,453
141,924,223
City of
Corpus Christi
$3,608,353,619
3,441,423,616
3,297,428,831
3,103,345,947
3,002,424,669
City of
Kingsville
$463,640,849
417,511,708
343,291,221
313,097,148
266,725,878
City of Port
Aransas
$52,293,229
49,791,222
46,784,916
44,546,676
40,120,833
City of
Portland
$201,612,998
192,794,149
207,169,564
141,091,767
124,509,248
City of
Robstown
$182,847,387
149,736,994
136,407,689
130,323,121
98,566,063
Source: Texas Comptroller of Public Accounts


Bank Deposits (in millions for June 30 of each year)
2007
2006
2005
2004
2003
Aransas County
$ 255
$ 248
$ 244
$ 221
$ 210
Bee County
$ 214
$ 210
$ 199
$ 201
$ 216
Jim Wells County
$ 384
$ 359
$ 337
$ 318
$ 277
Kleberg County
$ 271
$ 243
$ 229
$ 232
$ 237
Nueces County
$ 3,273
$ 3,347
$ 3,177
$ 3,220
$ 2,915
San Patricio County
$ 424
$ 414
$ 394
$ 379
$ 374

Source: FDIC

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5541 Bear Ln. Suite 240 Corpus Christi, Texas 78405
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