Rowan economic indicators show improvement in home sales, building permits

  • Posted: Sunday, November 3, 2013 12:29 a.m.

SALISBURY — The Rowan County Chamber of Commerce has released economic indicators for the second quarter, which ended June 30.

Home sales and the average price of a sold home are up. Taxable sales also increased, as did the number of building permits issued and the value of those permits.


The chamber posts indicators quarterly after taxable sales are audited.

6/30/2013 3/31/2013 12/31/2012

NC labor force* 4,724,176 4,711,020 4,755,774

NC employed* 4,304,263 4,261,857 4,318,124

NC unemployment rate* 8.9% 9.5% 9.2%

Rowan labor force* 71,609 71,990 72,481

Rowan employed* 65,056 65,098 65,419

Rowan unemployment rate* 9.2% 9.6% 9.7%

Taxable sales** $80,569,091 $76,562,356 $74,222,954

Homes sold (total for quarter)*** 141 82 114

Average sale price for homes sold*** $147,290 $117,371 $136,807

Rowan building permits issued (total for quarter)**** 219 154 145

Total value for building permits issues**** $18,881,962 $12,943,675 $9,631,739


Sources:

* NC Employment Security Commission ** NC Department of Revenue

***Salisbury/Rowan Association of Realtors ****Rowan County Inspection Office


Notice about comments:

Salisburypost.com is pleased to offer readers the ability to comment on stories. We expect our readers to engage in lively, yet civil discourse. Salisburypost.com cannot promise that readers will not occasionally find offensive or inaccurate comments posted in the comments area. Responsibility for the statements posted lies with the person submitting the comment, not Salisburypost.com. If you find a comment that is objectionable, please click "report abuse" and we will review it for possible removal. Please be reminded, however, that in accordance with our Terms of Use and federal law, we are under no obligation to remove any third party comments posted on our website. Full terms and conditions can be read here.

Do not post the following:

  • Potentially libelous statements or damaging innuendo.
  • Obscene, explicit, or racist language.
  • Personal attacks, insults or threats.
  • The use of another person's real name to disguise your identity.
  • Comments unrelated to the story.