February 2016: Economic Snapshot

Economic Indicators

Average per-gallon milk price paid to N.Y. dairy farmers down 23.4 percent in 12 months

December 2015 $1.64
November 2015 $1.62
December 2014 $2.14

Source: NYS Department of Agriculture

Average NNY price for gallon of regular unleaded gas down 24.8 percent in 12 months

December 2015 $2.21
November 2015 $2.26
December 2014 $2.94

Average NNY price for gallon of home heating oil down 30.0 percent in 12 months

December 2015 $2.33
November 2015 $2.42
December 2014 $3.33

Average NNY price for gallon of residential propane down 13 percent in 12 months

December 2015 $2.47
November 2015 $2.37
December 2014 $2.84

Source: NYS Energy Research and Development Authority

Vehicles crossing the Thousand Islands, Ogdensburg-Prescott and Seaway International (Massena) bridges down 6.1 percent in 12 months

349,266 in December 2015
366,487 in November 2015
371,791 in December 2014

Source: T.I. Bridge Authority, Ogdensburg Bridge & Port
Authority, Seaway International Bridge Corp.

U.S.-Canadian dollar exchange rate (Canadian dollars per U.S. dollar) up 19 percent in 12 months

$1.38 on Dec. 30, 2015
$1.33 on Nov. 30, 2015
$1.16 on Dec. 30, 2014

Source: Federal Reserve Bank of N.Y.

Nonagriculture jobs in the Jefferson-Lewis-St. Lawrence counties area, not including military positions up 0.22 percent in 12 months

91,100 in December 2015
91,700 in November 2015
90,900 in December 2014

Source: NYS Department of Labor

Jefferson-Lewis Board of Realtors single-family home sales up 12 percent in 12 months; prices up 13.2 percent in 12 months

112, median price $141,450 in December 2015
96, median price $142,450 in November 2015
100, median price $125,000 in December 2014

Source: Jefferson-Lewis Board of Realtors Inc

St. Lawrence Board of Realtors single-family home sales up 15.9 percent in 12 months; prices down 30.0 percent in 12 months

51, median price $77,000 in December 2015
58, median price $74,700 in November 2015
44, median price $110,000 in December 2014

Source: St. Lawrence Board of Realtors Inc.

New automobiles (cars and trucks) registered in Jefferson County

Cars up 17.2 percent in 12 months

396 in December 2015
318 in November 2015
338 in December 2014

Trucks down 7.9 percent in 12 months

117 in December 2015
111 in November 2015
127 in December 2014

Source: Jefferson County Clerk’s Office

Passengers at Watertown International Airport up 17.3 percent in 12 months

2,655 inbound and outbound in December 2015
2,593 inbound and outbound in November 2015
3,211 inbound and outbound in December 2014

Source: Jefferson County Board of Legislators

Open welfare cases in Jefferson, Lewis and St. Lawrence counties down 4.2 percent in 12 months

2,305 in December 2015
2,290 in November 2015
2,407 in December 2014

Source: Social Service Depts. of Jefferson, Lewis and St. Lawrence counties

NNY unemployment rates

Jefferson County

December 2015 6.8 percent
November 2015 6.5 percent
December 2014 7.5 percent

St. Lawrence County

December 2015 6.0 percent
November 2015 6.1 percent
December 2014 7.0 percent

Lewis County

December 2015 6.7 percent
November 2015 5.9 percent
December 2014 7.9 percent

New York State

December 2015 4.7 percent
November 2015 4.7 percent
December 2014 5.6 percent

United States

December 2015 4.8 percent
November 2015 4.8 percent
December 2014 5.4 percent

Source: U.S. Department of Labor and New York State Department of Labor (Not seasonally adjusted. Latest available data reported.)