The ACEA Tracks Atlantic County’s Business Climate Pulse.

Business Climate

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Atlantic County Economic Trends

Total Non-Farm Employment

June 2019

135,400

June 2018

133,000

+2,400
▲ Increased 1.8%

Source:
Federal Reserve Economic Data,
St. Louis, 8/5/2019

Unemployment Rate

June 2019

4.0%

June 2018

5.8%

▼ Declined 1.8%

Source:
Federal Reserve Economic Data,
St. Louis, 8/5/2019

Median Household Income

June 2017

$62,777

June 2016

$56,778

▲ Increased 8.8%

Source:
U.S. Census Bureau
American Community Survey, 5 year estimates

Atlantic County Gross Domestic Product (In millions)

June 2017

$13,122

June 2016

$12,908

+214
▲ Increased 1.7%

Source:
U.S. Census Bureau
American Community Survey, 5 year estimates

Real Estate Vacancy Rates

Industrial

7.2% ▼ declined -.6%

Office

9.0% ▲ increased +.9%

Retail

5.9% ▲ increased +.8%

Source:
CoStar, 2Q 2019 vs. 2Q 2018, 8/5/2019

County Bond Ratings

Moody: Aa2

No change over 2018, stable

S&P: AA

No change over 2018, stable

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