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Chico Economy

Economically, Chico has a very healthy economy, not reliable on any major metropolitan city. It has its own airport, steady employment and is experiencing a lot of growth. The chart below show some of the important economic statistics in Chico and Butte County.
 

 

Butte County Businesses by Employment Size, 2006
Industry Unknown 1 to 4 5 to 9 10 to 24 25 to 49 50 to 99 100 to 249 250 to 499 500 to 999 1,000 to 2,499
Agriculture 5 551 69 40 21 5 1 0 0 0
Mining 1 4 1 2 0 0 0 0 0 0
Construction 10 710 88 46 26 6 1 0 0 0
Manufacturing 15 325 73 35 39 9 6 1 0 0
Transportation & utilities 14 220 34 24 18 8 5 0 0 0
Wholesale trade 8 261 47 33 22 2 1 0 0 0
Retail trade 87 1056 272 169 111 33 16 1 1 0
FIRE 31 617 100 39 28 6 2 2 0 0
Services 89 3030 517 244 135 67 18 6 5 2
Government 21 13 12 15 21 3 9 1 0 1
Source: Dun & Bradstreet
FIRE: Finance, Insurance, and Real Estate

 

Butte County Earnings by Industry ($ Millions), 1993-2004
Industry 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
Agriculture & mining $123 $100 $47 $97 $110 $78 $69 $118 $104 $108 $151 $116
Construction $118 $134 $119 $127 $125 $145 $149 $166 $191 $206 $247 $296
Manufacturing $150 $172 $172 $181 $204 $212 $233 $243 $181 $156 $168 $183
Transportation & utilities $129 $129 $122 $129 $141 $150 $154 $152 $114 $119 $112 $121
Wholesale trade $71 $77 $86 $85 $84 $83 $88 $99 $70 $77 $86 $106
Retail trade $248 $261 $259 $269 $284 $310 $319 $334 $310 $335 $342 $351
FIRE $104 $109 $115 $130 $135 $143 $177 $190 $211 $244 $246 $259
Services $588 $623 $636 $666 $701 $739 $765 $862 $977 $1,022 $1,050 $1,111
Government $399 $424 $443 $456 $511 $531 $557 $598 $630 $663 $703 $726
Tourism n/a n/a n/a n/a n/a n/a n/a n/a $103 $106 $107 $115

Source: Bureau of Economic Analysis
FIRE: Finance, Insurance, and Real Estate

 

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Civilian Labor Market Information, 1990, 2000, & 2004
  2000         2004      
  Labor Force Employed Un-employed Unemployment Rate   Labor Force Employed Un-employed Unemployment Rate
City of Chico 30,344 27,463 2,881 9.5%   32,300 30,300 2,400 7.4%
Greater Chico 35,469 32,225 3,244 9.1%   52,100 47,700 4,300 8.3%
Butte County 90,897 82,403 8,494 9.3%   98,300 91,200 7,100 7.2%
Source: U.S. Census Bureau, Employment Development Department Labor Market Information Division, NECSBDC


Butte County Civilian Labor Market Information, 1995-2006
  1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006*
Labor force 82,300 82,800 83,900 85,100 85,500 93,300 95,300 97,600 99,100 98,300 99,300 100,875
Employment 74,100 75,200 76,600 78,000 79,700 87,600 89,100 90,500 91,700 91,200 92,800 94,900
Unemployment 8,200 7,600 7,300 7,100 5,800 5,700 6,200 7,100 7,400 7,100 6,500 5,983
Unemployment rate 10.0% 9.2% 8.7% 8.3% 6.8% 6.1% 6.5% 7.3% 7.5% 7.2% 6.5% 5.9%
Source: California Employment Development Department, *Preliminary Data

 

Butte County Job Growth by Industry (thousands), 1993-2004
  1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
Agriculture & mining 6.2 6.4 4.0 6.5 6.6 7.0 4.9 7.0 6.2 6.3 6.0 3.8
Construction 4.4 4.6 4.4 4.6 4.5 4.7 5.0 4.9 5.4 5.6 5.9 6.5
Manufacturing 5.7 5.9 5.9 6.1 6.5 6.6 6.7 6.8 4.9 4.2 4.7 4.8
Transportation & utilities 3.3 3.2 3.3 3.2 3.3 3.6 3.7 3.6 2.9 2.9 2.4 2.4
Wholesale trade 2.5 2.6 2.9 2.7 2.6 2.7 2.6 2.9 2.0 2.1 2.2 2.5
Retail trade 16.2 17.2 17.1 17.7 17.6 17.8 18.0 18.1 12.8 13.4 13.4 13.4
FIRE 6.1 6.5 6.5 6.6 6.7 6.9 7.5 8.1 7.9 9.0 8.7 8.6
Services 27.7 29.0 29.4 30.3 31.1 30.9 31.8 33.2 34.2 35.0 35.6 35.8
Government 13.2 13.5 13.9 14.5 14.8 15.0 15.6 16.3 15.6 15.9 16.0 15.8
Tourism n/a n/a n/a n/a n/a n/a n/a n/a 8.9 8.8 8.6 8.8

Source: Bureau of Economic Analysis
FIRE: Finance, Insurance, and Real Estate

 

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Butte County Largest Private Employers, 2006
Employer Location Number of employees
Chico Csu Research Foundation Chico 2,000
Enloe Medical Center Inc Chico 1,500
Oroville Hospital Oroville 920
Feather River Hospital Paradise 620
Associated Students California Chico 600
Feather Falls Casino Oroville 450
Butte - Glenn Community College Oroville 410
Fleetwood Motor Homes of CA Chico 310
National Heritage Insurance Co Chico 300
Source: Dun & Bradstreet Business Database 2006

 

Greater Chico Largest Private Employers, 2006
Employer Number of employees
CSU, Chico Research Foundation 2,000
Enloe Medical Center Inc 1,500
Associated Students California 920
National Heritage Insurance Co. 300
Raley's 245
Costco Wholesale Corp. 220
Association for Retarded Citizens 200
Addus Healthcare Inc. 200
Wal-Mart Stores Inc. 175

Source: Dun & Bradstreet Business Database 2006

 

Per Capita Income ($ Thousands), 1994-2004
  1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
Butte County $17.4 $17.7 $18.7 $19.7 $20.5 $21.2 $22.4 $23.3 $23.4 $23.8 $21.8
Source: Bureau of Economic Analysis

 

Per Capita Income, 1990 & 2000
  1990 2000
City of Chico $10,584 $16,970
Greater Chico $12,993 $18,529
Butte County $12,083 $17,517

Source: U.S. Census Bureau

 

Total Personal Income ($ millions), 1994-2004
  1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
Butte County $3,377 $3,475 $3,669 $3,891 $4,100 $4,275 $4,571 $4,798 $4,879 $5,025 $5,393
Source: Bureau of Economic Analysis

 

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Taxable Sales ($ Millions), 1994-2005
  1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
City of Chico                      
Taxable retail sales $674 $698 $719 $760 $798 $889 $981 $1,068 $1,121 $1,200 $1,317
Total taxable sales $761 $789 $821 $884 $929 $1,024 $1,131 $1,232 $1,285 $1,363 $1,500
Butte County                      
Taxable retail sales $1,124 $1,147 $1,186 $1,227 $1,263 $1,400 $1,520 $1,599 $1,659 $1,779 $1,949
Total taxable sales $1,480 $1,506 $1,599 $1,658 $1,715 $1,897 $2,039 $2,146 $2,211 $2,331 $2,551

 
All above data from Chico Chamber of Commerce website

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