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Announced capital investment in the 2 nd Quarter exceeded $2 billion and announced jobs were 7,500 The Department of Commerce tracks announced and planned jobs and investment across the state on a quarterly basis. The second quarter of 2010 showed significantly more announced jobs than the previous quarter, but less than the same period last year. When compared to the previous quarter (first quarter 2010), there was significantly more planned investment. Note: The values above represent announced or planned jobs and investment and are measured from when the jobs and /or investment were announced. Real values may prove to be higher or lower and may occur over multiple years. Foreclosures increased; home sales and building permits declined Data from the North Carolina Association of Realtors reveal a 13% increase in foreclosures between September and October and a 40% increase from this time last year. In North Carolina there are approximately 35,000 foreclosure homes. One in every 872 housing units received a foreclosure filing in October, compared to one in every 389 nationally. Mecklenburg County had the most foreclosure filings in October, followed by Guilford, Wake and Forsyth. Existing home sales decreased from last month and last year by 8% and 27% respectively. New housing units authorized by building permits, an indicator of future construction, were up 5% from last month, but down 14% from a year ago. RealtyTrac; N.C. Association of Realtors, Existing Homes Sales Data; U.S. Census, Table 2 -New Privately Owned Housing Units Authorized The value of goods exported declined from the previous quarter but increased from the same period in 2009 • In the 3r quarter of 2010 the total value of exports from North Carolina was $6.1 billion, while the U.S. exported more than $318.7 billion. • The value of state exports declined 2.8% over the 2 nd quarter of 2010, but increased 20.9% over the 3rd quarter of 2009. • Canada remains North Carolina's largest export destination, representing 21.5% of the state's total exports to the world in the third quarter, followed by China (8.4 %), Mexico (7.6 %) and Japan (6.7 %). • Chemical products remain the state's top export, with Canada and Japan remaining the top destinations. Chemical exports were up 6.9% from the 2nd quarter and 20.1% from the same period last year. • Other key export goods for the 3rd quarter include machinery equipment (exclude electrical) and transportation equipment with decreases of 3.7% and 0.9 %, respectively, compared to the last quarter. • Through the first three quarters of 2010, North Carolina ranked 17th in the nation in value of exports. Policy, Research & Strategic Planning; November 24t%Vg"6Rnber1 1 -1 The North Carolina Community Investment Report (CIR) Database Previous Month Last Year -Same Month 12 Month Average Sept -10 Oct -10 (10/10 compared to 9/10) (10 /10 compared to 10/09) (Beg. of 11/09 - End of (revised) (preliminary) Change %Chan a Change %Change 10/10) Properties with Foreclosure Filings 4,263 4,818 555 13.0% 1,371 39.8% 4,017 Existing Homes - Units Sold 6,219 5,712 (507) -8.2% (2,077) -26.7% 6,817 Housing Units Auth. by Id g. Permit 2,248 2,365 117 5.2% (392) -14.2%1 2,865 RealtyTrac; N.C. Association of Realtors, Existing Homes Sales Data; U.S. Census, Table 2 -New Privately Owned Housing Units Authorized The value of goods exported declined from the previous quarter but increased from the same period in 2009 • In the 3r quarter of 2010 the total value of exports from North Carolina was $6.1 billion, while the U.S. exported more than $318.7 billion. • The value of state exports declined 2.8% over the 2 nd quarter of 2010, but increased 20.9% over the 3rd quarter of 2009. • Canada remains North Carolina's largest export destination, representing 21.5% of the state's total exports to the world in the third quarter, followed by China (8.4 %), Mexico (7.6 %) and Japan (6.7 %). • Chemical products remain the state's top export, with Canada and Japan remaining the top destinations. Chemical exports were up 6.9% from the 2nd quarter and 20.1% from the same period last year. • Other key export goods for the 3rd quarter include machinery equipment (exclude electrical) and transportation equipment with decreases of 3.7% and 0.9 %, respectively, compared to the last quarter. • Through the first three quarters of 2010, North Carolina ranked 17th in the nation in value of exports. Policy, Research & Strategic Planning; November 24t%Vg"6Rnber1 1 -1 The North Carolina Community Investment Report (CIR) Database