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


* NC Employment Security Commission ** NC Department of Revenue

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

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