St. Joseph Community Partnership Fund

Orange County Equity Report Full

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PolicyLink and PERE 34 An Equity Profile of Orange County 116% 71% 0% 25% 50% 75% 100% 125% 1979 1988 1997 2006 2015 209% 118% -20% 20% 60% 100% 140% 180% 220% 19 79 19 88 19 97 20 06 20 15 The regional economy is growing stronger and faster than the rest of the nation Measures of economic growth include increases in jobs and increases in Gross Regional Product (GRP), the value of all goods and services produced within the region. By these measures, economic growth in Orange County kept pace with and surpassed the national average in the 1980s. The downturn of the early 1990s and the recession in 2007 hit the region more drastically than the nation as a whole but since then economic growth in Orange County has outpaced the nation. From 1979 to 2016, the number of jobs increased by 71 percent in the United States and by 116 percent in Orange County. Over the same period, real GDP increased by 118 percent in the United States and GRP increased by 209 percent in Orange County. Job growth has exceeded the national average since the early 1980s Economic vitality 19. Cumulative Job Growth, 1979 to 2016 Source: U.S. Bureau of Economic Analysis. Source: U.S. Bureau of Economic Analysis. Gross regional product (GRP) growth has outpaced the national average since the early 1980s 20. Cumulative Growth in Real GRP, 1979 to 2016 2016 2016

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