Quarterly Update 2016...Greater Peoria EDC Quarterly Economic Update | Q3 2016 3 GPEDC Performance |...

GreaterPeoriaEDC QuarterlyEconomicUpdate|Q32016 1

QuarterlyUpdate2016greaterpeoriaedc.org•(309)495-5910


GPEDCPerformance|Expansion/RetentionProjectsasofSeptember2016

Quarter Company Description City County NewJobs RetainedQ1: Crank'sIndustrialCoating ExpansionofIndustrialCompany Pekin Tazewell 2 5 Lonza ExpansionofProcessingCompany Mapleton Peoria 0 0Q2: JustcorePropertiesLLC Expansion Minonk Woodford 3 2 Grosenbach'sGroceryLLC Expansion Minonk Woodford 9 0 MinonkBowl Expansion Minonk Woodford 0 1Total 14 8

126

400

1000

0 500 1000 1500

Created

2016Target

2019Goal

JobsCreated

18

10

25

0 10 20 30

Completed

2016Target

2019Goal

ProjectsCompleted

10 10 10 1310 12

24

0

10

20

30

Q1 Q2 Q3 Q4

ActiveProjects

2015 2016

1 1 2 30

2 11 14

1 03 21 2

57

14 4

02468

ProjectsActiveBySector

Q1 Q2 Q3 Q4

1 0

52 2

0 0

9

03

0 0

15

63

0246810121416

Logan Mason Peoria Tazewell Woodford

ProjectsActiveByCounty

Q1 Q2 Q3 Q4


GPEDCPerformance|BusinessRetentionVisitsasofSeptember2016

159

200

500

0 100 200 300 400 500 600

Completed

2016Target

2019Goal

BusinessRetentionVisits

1 7

78

472635 35

200

150

80

0

50

100

150

200

250

Logan Mason Peoria Tazewell Woodford

BRV'sByCounty

TotalAchieved 2019Goal

6 8

24

88

416 13

0

20

40

60

80

100

TotalBRV'sBySector


GPEDCPerformance|BusinessRetentionVisitsasofSeptember2016

CompaniesVisited

HawkEnergySolutions GraingerIndustrialSupply

CarterPaper&PackagingInc. Illco,Inc.

NationalCenterforAgriculturalUtilizationResearch GeorgeJRothanCo.

WinpakHeatSealCorporation HGS

BradleyUniversity HumanServiceCenter

CEFCU Children'sHomeAssociationofIllinois

EncompassGrain&RailCo-op KrumholzTrucking

CESMaterialHandling COREConstruction


GPEDCPerformance|EconomicGardeningasofSeptember2016

4

10

25

0 5 10 15 20 25 30

Joined

2016Target

2019Goal

EconomicGardening

Quarter Company CompanyDescription

Q1: KempManufacturing PercisionMetalMachining

ITC,Inc. CustomMetalMachining

CalihanPorkProcessing FoodProcessing

Q2: OneFire MarketingConsultant


GPEDCPerformance|ManufacturingNetworkasofSeptember2016

NetworkMembersInegrisGroup R.L.LewisIndustries,Inc.KempManufacturing QualityMetalProducts,Inc.EnerconEngineering,Inc. DurreBrothersWelding&MachineShop,Inc.CaterpillarInc. AdvancedTechnologyServices,Inc.G&DIntegrated SMFInc.PremierFabrication,LLC MetamoraIndustries,Inc.CGN&Associates

13

4

15

0 5 10 15 20

Actual

2016Goal

2019Goal

NetworkMembers

1

15

0 5 10 15 20

Actual

2019Goal

BidOpportunities

1

10

0 5 10 15

Actual

2019Goal

NewSalesSecured


GPEDCPerformance|AttractionProjectsasofSeptember2016

63

300

750

0 100 200 300 400 500 600 700 800

Created

2016Target

2019Goal

JobsCreated

3

4

10

0 2 4 6 8 10 12

Completed

2016Target

2019Goal

ProjectsCompleted

22

19

20

17.5

18

18.5

19

19.5

20

20.5

21

21.5

22

22.5

Q1 Q2 Q3 Q4

ActiveProjects

6

1 1

32

9

32

1

6

2

5

3 3

1

5

1

7

012345678910

ProjectsActiveBySector

Q1 Q2 Q3 Q4


GPEDCPerformance|StartupPeoriaProjectsasofSeptember2016

17

12

30

0 20 40

Launched

2016Target

2019Goal

BusinessesLaunched

$0

$10,000

$20,000

$30,000

$40,000

DollarsInvestedThroughKeyStart

0

500

1000

1500

2000

2500

1MillionCupsAttendees

21

60

150

0 50 100 150 200

Created

2016Target

2019Goal

JobsCreated

0

2

4

6

8

10

12

14

Jan-15

Feb-15

Mar-15

Apr-15

May-15

Jun-15

Jul-1

5

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Feb-16

Mar-16

Apr-16

May-16

Jun-16

Jul-1

6

Aug-16

Sep-16

NestMembership

DayPass FullTime Evenings/Weekends Office 0

20

40

60

80

100

120

1-Jan 1-Feb 1-Mar 1-Apr 1-May 1-Jun 1-Jul 1-Aug 1-Sep

1MillionCupsAttendance


GPEDCPerformance|PeoriaPathwaysasofSeptember2016

0

25

300

0 100 200 300 400

Placed

2016Goal

2020Goal

InternshipsPlaced

41

52

0

10

20

30

40

50

60

EmployersRegistered CareerCoachesRegistered

CareerCruising

49

25

300

0 100 200 300 400

Created

2016Goal

2020Goal

InternshipsCreated

1

6

26

31 2

0

5

10

15

20

25

30

Manu. Healthcare Other

EmployersbySector

Peoria Tazewell

38%

71%

75%

0% 10% 20% 30% 40% 50% 60% 70% 80%

9thGraders

10thGraders

2016Goal

CareerCruisingUse

2016AcademicYear*

2016AcademicYear*


GPEDCPerformance|MakeYourselfGPasofSeptember2016

668

1267

0

200

400

600

800

1000

1200

1400

Q1 Q2

2016LiveGP.org(users)

93

231

70

150

0

50

100

150

200

250

Peoria Tazewell Woodford Mason Logan

AttendancebyCounty

690

1600

4000

0 1000 2000 3000 4000 5000

TotalAttended

2016Target

2019Goal

ManufacturingExpoStudentAttendance

29

60

150

0 20 40 60 80 100 120 140 160

TotalAttended

2016Target

2019Goal

ManufacturingExpoEducatorAttendance

6

20

50

0 10 20 30 40 50 60

TotalApprentices

2016Goal

2019Goal

SecureSoftwareApprenticeshipProgram


GPEDCPerformance|LiveGPasofSeptember2016

210

480

1920

0 500 1000 1500 2000 2500

Attended

2016Goal

2019Goal

NewcomerPresentations

668

1267

1887

0200400600800100012001400160018002000

Q1 Q2 Q3

LiveGP.org(users)

0

10

20

30

40

50

60

16-Mar 16-Apr 16-May 16-Jun 16-Jul 16-Aug 16-Sep

FirstFriends

500

1000 1000

0

200

400

600

800

1000

1200

Q1 Q2 Q3

2016LiveGPPostcardsDistributed


RegionalIndicators|Employment,LaborForce,UnemploymentRates

• GreaterPeoriaemploymentincreasesinthethirdquarter:GreaterPeoriaemploymentattheendofQ3was185,991whichwasup2303(1.24%)fromQ2.Illinoisemploymentincreased.05percentforthisquarteraswellastheUSwhichincreased.1percent.Standoutsofgrowththisquarterwiththeoverallgaininemployment:Mining,Logging,andConstruction(2.5%),andTrade,Transportation,andUtilites(.28%).

• Regionalunemploymentratedecreases:TheGreaterPeoriaseasonally-adjustedunemploymentratedecreasedfrom6.7%inQ2to6.32%inQ3.ForIllinois,unemploymentdecreasedto5.4%attheendofQ3.TheUSunemploymentincreasedto5.0%.GreaterPeoria’sunemploymentoverthelastyearhasgrown0.72%alongwithIllinois’increaseof.1%.However,theUSremainedtheconstant.Theseincreasesinunemploymentcanbeattributedtorecentstrugglesinthemanufacturingindustry.

• Laborforcegrowsslightlyinsecondquarter:theGreaterPeorialaborforcegrewby2,303inQ3to198,295.Thelaborforcehasalsogrewslightlyfortheyearby1168.

170000175000180000185000190000195000200000

Jan-10

Sep-10

May-11

Jan-12

Sep-12

May-13

Jan-14

Sep-14

May-15

Jan-16

Sep-16

GreaterPeoriaTotalEmployment

GreaterPeoria

0.00%2.00%4.00%6.00%8.00%10.00%12.00%14.00%

Jan-10

Aug-10

Mar-11

Oct-11

May-12

Dec-12

Jul-1

3

Feb-14

Sep-14

Apr-15

Nov-15

Jun-16

GreaterPeoriaUnemploymentRates

GreaterPeoria Illinois USA

54.00%56.00%58.00%60.00%62.00%64.00%66.00%68.00%

Jul-1

0

Feb-11

Sep-11

Apr-12

Nov-12

Jun-13

Jan-14

Aug-14

Mar-15

Oct-15

May-16

LaborForceParticipationRate

GreaterPeoria USA

160000

170000

180000

190000

200000

210000

220000

Jan-10

Sep-10

May-11

Jan-12

Sep-12

May-13

Jan-14

Sep-14

May-15

Jan-16

Sep-16

GreaterPeoriaLaborForce

GPLaborForce GPEmployment


RegionalIndicators|EmploymentIndexbyIndustry

• Chartsonpage13and14showPeoriaMSAemploymentgrowthcomparedtostateandnationalaveragessincethebeginningof2010.

• Overallemploymentwasdownearlyinthequarterbutgrewtowardstheend,andremainsup644sincelastSeptember.

• TwooftheeightmajorindustriessawemploymentincreasesfromQ2toQ3.Forthespanofayear,threeindustrieshavegrown.

Construction,…

Mfg.,13.1%

Trade,transport,utilities,19.2%

FinancialActivities,4.1%Prof.and

Bus.Services,12.7%

Edu.andHealthServices,17.7%

LeisureandHospitality,

11.1%

Govt.,11.8%

Other,5.6%

PeoriaMSAShareofEmploymentByIndustry,Q32016

95

100

105

110

115

120

125

Jan-10

Aug-10

Mar-11

Oct-11

May-12

Dec-12

Jul-1

3Feb-14

Sep-14

Apr-15

Nov-15

Jun-16

Manufacturing

PeoriaMSA Illinois USA

95

100

105

110

115

Jan-10

Aug-10

Mar-11

Oct-11

May-12

Dec-12

Jul-1

3Feb-14

Sep-14

Apr-15

Nov-15

Jun-16

Trade,Transportation,andUtilities


85

90

95

100

105

110

Jan-10

Aug-10

Mar-11

Oct-11

May-12

Dec-12

Jul-1

3Feb-14

Sep-14

Apr-15

Nov-15

Jun-16

FinancialActivities


85.0

95.0

105.0

115.0

125.0

Jan-10

Sep-10

May-11

Jan-12

Sep-12

May-13

Jan-14

Sep-14

May-15

Jan-16

Sep-16

ProfessionalandBusinessServices



RegionalIndicators|EmploymentIndexbyIndustry(continued)

QuarterlyEmploymentChangeByIndustry Industry Q2Jobs Q3Jobs MSAempl.Chg. thousands thousands No. %Mining,Logging,Construction 8.0 8.2 0.20 2.50%Manufacturing 23.7 23.1 -0.60 -2.53%Trade,transportation,andutilities 34.1 33.9 -0.20 -0.59%FinancialActivities 7.4 7.3 -0.10 -1.35%ProfessionalandbusinessServices 22.9 22.5 -0.40 -1.75%EducationandHealthServices 32.1 31.2 -0.90 -2.80%Leisureandhospitality 20.2 19.7 -0.50 -2.48%Government 21.4 20.9 -0.50 -2.34%Total 180.1 176.7 -3.40 -1.89%

859095100105110115120

Jan-10

Aug-10

Mar-11

Oct-11

May-12

Dec-12

Jul-1

3

Feb-14

Sep-14

Apr-15

Nov-15

Jun-16

Mining,Logging,andConstruction


95.0100.0105.0110.0115.0120.0125.0130.0

Jan-10

Sep-10

May-11

Jan-12

Sep-12

May-13

Jan-14

Sep-14

May-15

Jan-16

Sep-16

LeisureandHospitality


95

100

105

110

115

120

Jan-10

Jul-1

0Jan-11

Jul-1

1Jan-12

Jul-1

2Jan-13

Jul-1

3Jan-14

Jul-1

4Jan-15

Jul-1

5Jan-16

Jul-1

6

EducationandHealthServices


93

95

97

99

101

103

Jan-10

Aug-10

Mar-11

Oct-11

May-12

Dec-12

Jul-1

3Feb-14

Sep-14

Apr-15

Nov-15

Jun-16

Government



RegionalIndicators|AverageHourlyWage

$12.00

$17.00

$22.00

$27.00

$32.00

2010Q1

2010Q3

2011Q1

2011Q3

2012Q1

2012Q3

2013Q1

2013Q3

2014Q1

2014Q3

2015Q1

2015Q3

2016Q1

LoganCounty

Logan Illinois USA

$12.00

$17.00

$22.00

$27.00

$32.00

2010Q1

2010Q3

2011Q1

2011Q3

2012Q1

2012Q3

2013Q1

2013Q3

2014Q1

2014Q3

2015Q1

2015Q3

2016Q1

MasonCounty

Mason Illinois USA

$19.00

$21.00

$23.00

$25.00

$27.00

$29.00

2010Q1

2010Q3

2011Q1

2011Q3

2012Q1

2012Q3

2013Q1

2013Q3

2014Q1

2014Q3

2015Q1

2015Q3

2016Q1

PeoriaCounty

Peoria Illinois USA

$19.00

$24.00

$29.00

$34.00

$39.00

2010Q1

2010Q3

2011Q1

2011Q3

2012Q1

2012Q3

2013Q1

2013Q3

2014Q1

2014Q3

2015Q1

2015Q3

2016Q1

TazewellCounty

Tazewell Illinois USA

$12.00

$17.00

$22.00

$27.00

$32.00

2010Q1

2010Q3

2011Q1

2011Q3

2012Q1

2012Q3

2013Q1

2013Q3

2014Q1

2014Q3

2015Q1

2015Q3

2016Q1

WoodfordCounty

Woodford Illinois USA

$17.00$19.00$21.00$23.00$25.00$27.00$29.00$31.00

2010Q1

2010Q3

2011Q1

2011Q3

2012Q1

2012Q3

2013Q1

2013Q3

2014Q1

2014Q3

2015Q1

2015Q3

2016Q1

GreaterPeoria

GreaterPeoria Illinois USA


RegionalIndicators|CommercialRealEstate

RegionalIndicators|AirportPassengers&Flights

0

20

40

60

80

Q12014

Q22014

Q32014

Q42014

Q12015

Q22015

Q32015

Q42015

Q12016

Q22016

Q32016

IndustrialRealEstateVacancys

0

50

100

150

Q12014

Q32014

Q12015

Q32015

Q12016

Q32016

LandRealEstateVacancys

0

50

100

150

200

250

Q12014

Q32014

Q12015

Q32015

Q12016

Q32016

OfficeVacancys

0

50

100

150

200

Q12014

Q32014

Q12015

Q32015

Q12016

Q32016

RetailVacancys

010,00020,00030,00040,00050,00060,00070,00080,00090,000

2010 2011 2012 2013 2014 2015 2016

PeoriaInternationalAirportPassengers

Q1 Q2 Q3 Q4

0

500

1000

1500

2000

2010 2011 2012 2013 2014 2015 2016

PeoriaInternationalAirportDomesticFlights

Q1 Q2 Q3 Q4


RegionalIndicators|Housing

500

1000

1500

2010 2011 2012 2013 2014 2015 2016

ResidentialSales

Q1 Q2 Q3 Q4

Source:PAAR

$80,000

$90,000

$100,000

$110,000

$120,000

$130,000

$140,000

2010 2011 2012 2013 2014 2015 2016

MedianSale

Q1 Q2 Q3 Q4Source:PAAR

0.00% 0.50% 1.00% 1.50%

PeoriaMSA

Illinois

USA

MSAHousePriceChange,3rdQuarter

2015- 4thQuarter2015

80859095

100105110115120

FHFAHousePriceIndex,1stQuarter2005- 3rdQuarter2016



RegionalIndicators|CostofLivingIndex

0

20

40

60

80

100

120

140

2012Q2 2013Q2 2014Q2 2015Q2 2016Q2

CostofLivingIndex

Peoria QuadCities Chicago DesMoines Madison FortWayne StLouis


RegionalPerformance|Expansions&Locations

Q12016ProjectAnnouncements:PEN DigitalPublishing Pekin Tazewell 0 StartupScious DataMunging Peoria Peoria 1 StartupWCSupportCo OnlineShopSupport Bartonville Peoria 0 StartupCrank'sIndustrialCoating GeneralManufacturing Pekin Tazewell 2 ExpansionLonza Biotechnology Mapleton Peoria 0 ExpansionTrefzgersBakery Bakery PeoriaHeights Peoria 4 AttractionMortonBank/HeritageBank Banking Central Illinois 0 MergerQ22016ProjectAnnouncements: JustcorePropertiesLLC ConcreteConstruction Minonk Woodford 3 ExpansionGrosenbach'sGroceryLLC GroceryStore Minonk Woodford 9 ExpansionMinonkBowl BowlingAlley Minonk Woodford 0 ExpansionNaturalFiberWelding WeldingShop Peoria Peoria 2 StartupSchnucks Supermarket Peoria Peoria 130 ExpansionSave-A-Lot GroceryStore Peoria Peoria 25 ExpansionFreeLanceKit MarketingAgency WestPeoria Peoria 0 StartupQ32016ProjectAnnouncements: DollarTree GeneralMerchandiseStore Washington Tazewell 0 ExpansionMulti-TenantBuildingatPGP GreatClips,Blue,MassageEnvy Peoria Peoria 50 ExpansionVillasofHollyBrook AssistedLiving Washington Tazewell 0 ExpansionTotalJobs2016-Attraction: 4 TotalJobs2016-Expansion: 219 TotalJobs2016-Startup: 3 TotalJobs2016: 226

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Quarterly Update 2016...Greater Peoria EDC Quarterly Economic Update | Q3 2016 3 GPEDC Performance |...

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