While we don't expect the Deepwater Horizon disaster to have a severe impact to the national homebuilders on a broad scale, we do expect some impact to Houston in the short-term. In fact, we are already starting to see it. According to our latest survey, average net sales per new home community were down 17.5% month-over-month. Anecdotal comments from the market support that traffic and closings are slowing dramatically as well.

Though no massive oil/gas layoffs have occurred to date, small ones are being reported. Many executives we talk to expect big employment changes will hit the oil companies very soon, although some point out that the cleanup efforts might actually be an economic boom. Most importantly, uncertainty about jobs and the local economy will most certainly affect housing decisions here in the next several months.

But the shorter-term challenges won't snowball into long-term despair. Here is what you need to think about as you plan for your current and future business in this metro:

Houston is a huge market for many national builders and the economic impact to the oil industry is a much greater threat here than the physical impact of oil reaching the shores (which is populated by a second-home/beach area resident). The following graph shows all the primary metros along the Gulf coast region, where there is likely to be some oil-related affect - and we break down the total number of public builder active communities in each. Three public builders have 20-24% of their communities in the Houston metro area, and other three have 11-16% of their communities there.

Quantifying what you might suspect: Houston is a U.S. energy headquarters and a world center for every segment of the oil and gas industry. According to research from the Greater Houston Partnership, more than 3,000 energy-related firms are located in the MSA including 500+ exploration and production firms, 150+ pipeline transportation establishments and hundreds of additional manufacturers and wholesalers of energy-sector products. At the start of this year, the MSA held:

• 31% of the nation's jobs in extraction

• 14% of the jobs that support activities for mining

• 14% of the machinery manufacturing jobs (tooling, etc)

But, there's more diversity than you probably realize: Houston's service providing industries account for 81% of jobs in the MSA and have garnered 93% of the net job growth over the past 10 years. Over the last five years, the seaport has developed an impressive import/export business . . . and the list goes on. Clearly, there is a lot of business in the metro that is not directly tied to deep water drilling. Here is an official breakdown of employment sectors:

The government and other wildcards: There are an incredible number of "what-if?" factors in play in the metro and that's paralyzing many as they try to think long-term about this market.

• From a regulatory perspective - there is not a lot of consensus and the heated debate rages between the environmentalists and the economy concerns. Meanwhile the latest on over the drilling moratorium (now in place until Nov) has more deepwater drilling rigs entertaining the idea of transfer. We have talked to many people on the likely outcome and our best estimate is that the economic impact will triumph over environmental concerns in the end. At this point, a scaled back renewable energy bill seems most likely with some add-ons like the "trust fund". It also seems likely that the government will remove some of the tax benefits the oil companies currently enjoy. In general, most restrictions will be implemented by way of taxes.

• From a major employment perspective - cancelled funding for the NASA shuttle program will likely result in the loss of several thousand high-paying jobs (and the ripple effect of that). But the widely-held expectation of Exxon Mobile's relocation of a business-center mall to the metro's north 1-45 corridor could more than offset the NASA impact. These are just two examples of many in play.

Our conclusions: Significant alterations have taken place in the Houston economy since the last oil crisis - and this will certainly reduce its vulnerability to the Deepwater Horizon disaster and yet-to-be-determined government mandates. However, there is no denying that oil, gas and overall energy continues to influence Houston's economy far more than it does the nation as a whole.

• In the short-term: Houston will feel the impact. We project the metro will only have at most 22,000 single-family permits this year (down from 22,369 last year and 42,217 in 2007!) and we expect to see a continued drop over the next two years.

• In the longer term: Affordable housing and Houston's welcoming and aggressive business environment full of entrepreneurs will prevail as one of the top housing markets in the country. There are still land deals to be done, the entitlements are relatively painless and we think Texas overall will be the beneficiary of business relocation due to Phoenix's restrictive immigration legislation.

In other words, Oil won't be to Houston what Auto was to Detroit . . . instead, picture the carnival game "Whack-A-Mole" where heads continue to pop up in new areas - even after they've been beaten down.

This is the most current available data for all variables and markets.

		Permits Statistics			Employment Statistics			Affordability
		12-	12-	Total	NF Payroll Employment
State   Metro Area*		Month S. Fam. Permits	Month Total Permits	Permits / Peak Permits	1-Yr Growth	1-Yr Growth Rate	Unemp Rate	Median Home Price	Housing Costs / Income	JBREC Affordability Index
Alabama
	Anniston-Oxford	134	142	30%	(100)	(0.2%)	10.0%	$87,031	19%	0.4
	Auburn-Opelika	752	1,306	59%	400	0.8%	8.5%	$126,759	26%	0.0
	Birmingham	1,804	1,923	25%	(13,900)	(2.8%)	9.6%	$142,622	23%	0.5
	Decatur	126	126	13%	300	0.6%	10.5%	$93,483	18%	0.0
	Dothan	294	392	52%	(1,200)	(2.0%)	9.0%	$88,275	18%	0.0
	Florence	153	220	28%	400	0.7%	9.7%	$93,265	20%	0.2
	Gadsden	137	137	34%	0	0.0%	10.0%	$84,529	20%	0.6
	Huntsville	2,277	2,612	52%	(300)	(0.1%)	7.7%	$118,576	18%	0.0
	Mobile	1,295	2,017	73%	(3,400)	(1.9%)	11.0%	$122,491	25%	1.3
	Montgomery	539	851	33%	(2,800)	(1.6%)	9.5%	$132,884	23%	0.7
	Tuscaloosa	418	903	35%	900	1.0%	9.0%	$119,735	24%	0.2
Alaska
	Anchorage	379	501	6%	300	0.2%	7.3%	$174,669	20%	0.0
	Fairbanks	43	43	6%	300	0.8%	6.9%	$141,895	19%	0.4
Arizona
	Flagstaff	150	560	41%	(900)	(1.4%)	8.4%	$280,000	50%	6.0
	Phoenix	9,788	10,322	15%	(12,000)	(0.7%)	8.7%	$138,000	21%	1.7
	Prescott	330	522	12%	(500)	(0.9%)	9.7%	$136,148	26%	0.0
	Tucson	2,157	2,453	19%	(1,300)	(0.4%)	8.5%	$159,000	29%	1.4
	Yuma	654	714	26%	(1,300)	(2.6%)	27.2%	$125,000	26%	2.6
Arkansas
	Fayetteville	1,280	1,577	21%	500	0.2%	6.1%	$101,068	17%	0.0
	Fort Smith	637	961	73%	(2,300)	(1.9%)	7.8%	$77,839	15%	0.1
	Hot Springs	43	43	11%	(200)	(0.5%)	7.6%	$108,806	22%	0.0
	Jonesboro	516	715	73%	300	0.6%	7.3%	$73,830	14%	0.0
	Little Rock	1,984	2,576	45%	(8,000)	(2.4%)	6.8%	$134,537	22%	2.4
	Pine Bluff	68	159	39%	(600)	(1.6%)	9.1%	$65,262	13%	0.0
California
	Bakersfield	1,664	1,924	22%	(2,300)	(1.0%)	15.7%	$135,000	23%	1.9
	Chico	250	411	21%	(1,300)	(1.8%)	13.3%	$185,000	35%	2.6
	El Centro	128	136	6%	(1,900)	(4.1%)	27.5%	$120,000	26%	1.8
	Fresno	1,857	2,189	30%	(7,500)	(2.6%)	15.9%	$157,250	28%	2.6
	Hanford	185	233	17%	(300)	(0.8%)	15.3%	$126,500	21%	2.1
	Los Angeles (D)	2,427	5,836	8%	(69,500)	(1.8%)	12.1%	$350,000	49%	3.7
	Madera	68	72	3%	(300)	(0.9%)	15.0%	$137,000	25%	1.6
	Merced	90	95	3%	(1,300)	(2.3%)	18.1%	$120,000	22%	1.1
	Modesto	218	218	3%	(1,300)	(0.9%)	17.3%	$147,000	23%	1.0
	Monterey	141	248	9%	(1,300)	(1.1%)	11.0%	$258,750	35%	1.7
	Napa	104	110	11%	(500)	(0.8%)	9.0%	$340,000	41%	2.6
	Oakland (D)	2,164	3,080	13%	(28,200)	(2.9%)	11.0%	$330,000	35%	2.0
	Orange County (D)	1,510	2,327	9%	(14,800)	(1.1%)	9.2%	$515,000	53%	5.2
	Redding	198	245	10%	(800)	(1.3%)	15.4%	$171,000	31%	2.1
	Riverside-San Bernardino	5,387	6,568	11%	(35,200)	(3.1%)	13.9%	$185,000	25%	1.7
	Sacramento	2,462	2,764	12%	(22,700)	(2.7%)	12.0%	$210,000	28%	1.6
	San Diego	2,107	3,319	8%	(11,900)	(1.0%)	10.0%	$377,000	47%	4.0
	San Francisco (D)	409	820	12%	(25,200)	(2.7%)	8.9%	$700,000	70%	4.4
	San Jose	865	1,862	19%	(11,200)	(1.3%)	11.2%	$575,000	53%	5.0
	San Luis Obispo	331	355	10%	(3,900)	(3.9%)	9.5%	$370,000	52%	3.9
	Santa Barbara	248	361	13%	(2,800)	(1.7%)	8.3%	$314,500	43%	2.6
	Santa Cruz	122	156	11%	(2,500)	(2.8%)	11.5%	$545,000	66%	5.0
	Santa Rosa	316	525	9%	(5,400)	(3.1%)	10.0%	$347,500	44%	2.6
	Stockton	861	861	12%	(2,700)	(1.4%)	16.2%	$169,000	24%	1.1
	Vallejo-Fairfield	670	670	11%	(3,400)	(2.8%)	11.8%	$217,000	25%	1.3
	Ventura	204	451	6%	(5,200)	(1.9%)	10.2%	$420,000	44%	4.1
	Visalia-Porterville	940	1,113	31%	(1,300)	(1.2%)	15.5%	$133,000	24%	1.5
	Yuba-Sutter	141	143	5%	(1,600)	(4.1%)	19.3%	$164,500	28%	1.3
Colorado
	Boulder	160	541	11%	(1,800)	(1.1%)	5.8%	$315,000	36%	5.0
	Colorado Springs	1,637	1,640	15%	(5,100)	(2.0%)	8.3%	$181,000	24%	1.2
	Denver	3,387	4,434	16%	(24,900)	(2.1%)	7.7%	$225,000	29%	4.3
	Fort Collins	441	863	24%	(1,700)	(1.3%)	6.2%	$216,500	29%	2.9
	Grand Junction	394	456	22%	(2,700)	(4.3%)	8.8%	$144,381	22%	0.0
	Greeley	920	964	22%	(1,800)	(2.3%)	8.7%	$163,750	23%	1.4
	Pueblo	216	359	25%	(600)	(1.0%)	8.8%	$79,087	15%	0.0
Connecticut
	Bridgeport	566	1,029	20%	(300)	(0.1%)	8.1%	$378,296	36%	0.4
	Hartford	1,196	1,519	14%	(4,300)	(0.8%)	8.9%	$232,426	28%	0.2
	New Haven	457	1,043	14%	(3,400)	(1.3%)	9.0%	$232,441	30%	0.7
	Norwich	312	455	16%	(1,000)	(0.8%)	8.4%	$212,850	26%	0.4
Delaware
	Dover	768	879	40%	400	0.6%	8.1%	$197,642	35%	6.7
	Wilmington (D)	1,059	1,296	20%	(1,900)	(0.6%)	8.7%	$198,189	30%	4.4
District of Columbia
	Washington D.C. (D)	7,900	10,622	28%	10,800	0.4%	6.2%	$296,807	26%	1.2
Florida
	Daytona Beach	686	757	10%	(2,800)	(1.8%)	11.7%	$105,000	20%	0.5
	Fort Lauderdale (D)	814	1,209	6%	(11,200)	(1.6%)	9.8%	$169,500	27%	1.1
	Fort Myers	1,117	1,206	4%	(4,300)	(2.1%)	12.5%	$92,000	15%	0.5
	Gainesville	427	552	17%	(300)	(0.2%)	7.6%	$157,087	32%	0.8
	Jacksonville	3,920	4,192	17%	(5,100)	(0.9%)	10.8%	$144,000	22%	2.9
	Lakeland	1,313	1,395	11%	(3,800)	(1.9%)	12.0%	$105,000	19%	1.4
	Melbourne	1,127	1,151	12%	(2,900)	(1.5%)	11.0%	$109,000	18%	0.0
	Miami (D)	835	1,995	8%	(9,900)	(1.0%)	12.3%	$183,400	35%	3.6
	Naples	745	1,326	16%	(2,900)	(2.6%)	11.3%	$210,000	30%	2.0
	Ocala	479	487	7%	(2,700)	(2.9%)	13.6%	$100,000	20%	1.6
	Orlando	4,468	4,949	14%	(13,500)	(1.3%)	11.1%	$135,000	22%	1.2
	Panama City	249	343	6%	300	0.4%	9.2%	$158,435	28%	3.8
	Pensacola	1,318	1,738	27%	700	0.4%	9.9%	$148,598	27%	4.4
	Port St. Lucie	436	459	4%	(800)	(0.7%)	12.8%	$110,000	18%	0.5
	Punta Gorda	276	294	6%	(600)	(1.5%)	12.0%	$112,500	20%	1.4
	Sarasota	1,660	2,098	15%	(2,700)	(1.1%)	11.5%	$155,000	27%	3.0
	Tallahassee	604	868	20%	200	0.1%	8.0%	$157,806	29%	1.5
	Tampa	4,558	7,269	19%	(15,100)	(1.3%)	11.7%	$125,000	23%	2.4
	Vero Beach	287	339	8%	(1,400)	(3.1%)	13.4%	$120,500	22%	1.9
	West Palm Beach (D)	1,375	1,531	7%	(7,900)	(1.6%)	11.3%	$210,000	33%	4.2
Georgia
	Albany	192	228	18%	(200)	(0.3%)	10.6%	$82,682	18%	0.0
	Athens	266	288	12%	500	0.6%	7.4%	$121,009	24%	0.0
	Atlanta	6,423	7,553	10%	(36,500)	(1.6%)	9.9%	$118,942	17%	0.3
	Augusta	2,505	2,624	48%	2,300	1.1%	8.6%	$105,034	20%	0.0
	Brunswick	441	441	35%	(1,300)	(3.0%)	9.5%	$130,479	23%	0.1
	Columbus	834	1,472	66%	400	0.3%	9.2%	$97,888	20%	0.0
	Dalton	128	145	13%	(700)	(1.1%)	11.6%	$95,167	19%	0.6
	Gainesville	283	283	11%	(700)	(1.0%)	8.9%	$130,118	22%	0.5
	Hinesville	210	462	53%	200	1.0%	8.2%	$98,717	21%	0.4
	Macon	302	302	16%	(1,000)	(1.0%)	10.1%	$91,565	19%	0.0
	Rome	61	61	8%	1,400	3.6%	10.3%	$92,158	19%	0.7
	Savannah	1,245	1,620	33%	200	0.1%	8.3%	$131,012	23%	1.8
	Valdosta	571	1,048	72%	(2,000)	(3.6%)	8.3%	$103,320	23%	0.6
	Warner Robins	648	648	31%	0	0.0%	7.3%	$91,257	14%	0.0
Hawaii
	Honolulu	937	1,823	37%	4,400	1.0%	5.2%	$626,830	73%	5.0
Idaho
	Boise City	2,121	2,169	19%	(6,100)	(2.4%)	8.9%	$142,219	21%	0.2
	Coeur D'Alene	698	815	30%	(800)	(1.5%)	9.0%	$140,685	24%	1.1
	Idaho Falls	375	461	24%	(700)	(1.4%)	6.3%	$97,533	15%	0.3
	Lewiston	79	91	22%	(300)	(1.2%)	6.3%	$129,420	24%	2.2
	Pocatello	158	161	23%	(500)	(1.4%)	7.6%	$94,992	16%	0.3
Illinois
	Bloomington	330	441	26%	(900)	(1.0%)	6.9%	$161,024	25%	1.6
	Champaign-Urbana	336	414	19%	(600)	(0.5%)	7.8%	$138,440	26%	4.4
	Chicago (D)	2,887	4,953	11%	(61,500)	(1.7%)	10.4%	$191,750	29%	1.9
	Danville	11	11	6%	(300)	(1.0%)	11.1%	$55,311	13%	1.0
	Decatur	101	103	17%	(2,000)	(3.7%)	10.9%	$87,660	18%	3.3
	Kankakee-Bradley	92	96	12%	300	0.7%	11.7%	$128,617	22%	5.4
	Lake-Kenosha (D)	709	762	12%	(11,900)	(3.1%)	9.5%	$211,269	26%	0.9
	Peoria	645	714	37%	(2,200)	(1.2%)	9.3%	$113,902	20%	4.6
	Rockford	285	289	11%	600	0.4%	13.9%	$107,216	20%	5.4
	Springfield	390	492	32%	(1,900)	(1.7%)	7.1%	$119,495	19%	2.3
Indiana
	Anderson	65	74	10%	1,000	2.4%	10.9%	$79,542	15%	0.6
	Bloomington	261	305	25%	3,800	4.7%	7.5%	$120,943	25%	0.8
	Columbus	132	132	22%	(400)	(0.9%)	9.3%	$115,181	19%	0.5
	Elkhart-Goshen	161	214	13%	2,700	2.8%	13.7%	$100,759	17%	0.0
	Evansville	684	794	37%	(100)	(0.1%)	8.5%	$87,849	16%	0.6
	Fort Wayne	856	1,002	27%	400	0.2%	10.0%	$102,861	18%	2.3
	Gary (D)	1,091	1,297	28%	(1,800)	(0.7%)	10.0%	$119,978	20%	2.8
	Indianapolis	4,058	6,439	38%	(5,400)	(0.6%)	8.9%	$121,686	19%	2.1
	Kokomo	18	20	3%	4,100	11.2%	12.0%	$81,142	14%	0.2
	Lafayette	496	549	30%	(3,800)	(4.0%)	8.9%	$105,110	20%	0.4
	Michigan City	138	162	27%	(300)	(0.7%)	11.4%	$107,799	20%	1.7
	Muncie	46	48	8%	600	1.2%	10.7%	$72,461	16%	0.1
	South Bend	314	361	18%	(1,900)	(1.4%)	11.3%	$79,163	15%	1.4
	Terre Haute	150	158	23%	(900)	(1.3%)	10.8%	$74,474	16%	0.5
Iowa
	Ames	124	186	20%	(200)	(0.4%)	4.8%	$125,364	21%	0.0
	Cedar Rapids	700	1,202	59%	(300)	(0.2%)	6.4%	$143,640	23%	4.2
	Davenport	444	812	53%	(1,000)	(0.6%)	7.8%	$108,930	20%	4.7
	Des Moines	2,145	3,035	48%	(4,200)	(1.3%)	6.1%	$141,953	20%	0.7
	Dubuque	395	586	67%	(1,100)	(2.0%)	6.2%	$111,584	19%	1.1
	Iowa City	578	681	40%	(100)	(0.1%)	4.4%	$146,573	23%	0.2
	Sioux City	217	251	21%	(1,700)	(2.3%)	6.7%	$83,679	15%	0.1
	Waterloo	394	424	51%	(1,300)	(1.4%)	5.9%	$119,025	22%	5.7
Kansas
	Lawrence	219	219	12%	(200)	(0.4%)	5.6%	$138,631	23%	0.7
	Topeka	335	497	36%	(100)	(0.1%)	6.3%	$103,074	16%	0.0
	Wichita	1,416	1,669	37%	(6,100)	(2.1%)	7.8%	$122,246	19%	2.2
Kentucky
	Bowling Green	335	426	31%	(1,000)	(1.7%)	9.0%	$102,842	22%	1.0
	Elizabethtown	582	653	49%	1,000	2.2%	9.1%	$101,292	20%	1.3
	Lexington	1,364	1,578	31%	2,700	1.1%	8.2%	$142,513	26%	3.3
	Louisville	2,343	2,599	29%	(300)	(0.1%)	9.9%	$134,039	26%	5.1
	Owensboro	274	280	26%	800	1.6%	8.9%	$79,433	17%	1.0
Louisiana
	Alexandria	349	353	37%	(1,100)	(1.7%)	6.6%	$85,817	20%	0.0
	Baton Rouge	3,174	3,339	37%	(3,200)	(0.9%)	7.1%	$170,277	32%	5.2
	Houma	444	459	39%	(2,100)	(2.2%)	5.3%	$108,707	21%	1.9
	Lafayette	846	907	18%	(700)	(0.5%)	5.6%	$122,429	24%	0.5
	Lake Charles	840	1,247	83%	(2,500)	(2.7%)	6.7%	$100,148	21%	1.0
	Monroe	268	282	23%	(600)	(0.8%)	7.5%	$89,150	21%	0.4
	New Orleans	1,960	2,325	18%	(1,200)	(0.2%)	7.0%	$162,094	32%	5.1
	Shreveport	1,184	1,244	41%	(700)	(0.4%)	6.6%	$153,149	35%	5.6
Maine
	Bangor	319	415	42%	(1,000)	(1.5%)	7.5%	$121,724	24%	1.4
	Lewiston-Auburn	186	210	25%	300	0.6%	8.1%	$124,953	23%	0.8
	Portland	1,259	1,306	23%	(4,000)	(2.1%)	6.6%	$211,809	32%	2.5
Maryland
	Baltimore	3,512	5,757	30%	(900)	(0.1%)	7.4%	$250,000	34%	5.8
	Bethesda (D)	1,764	2,105	17%	2,400	0.4%	5.5%	$369,100	37%	5.7
	Cumberland	93	150	37%	(300)	(0.8%)	8.3%	$102,500	23%	3.8
	Hagerstown	746	812	20%	(600)	(0.6%)	9.3%	$145,337	25%	0.0
	Salisbury	204	338	26%	(900)	(1.7%)	8.2%	$135,296	26%	0.6
Massachusetts
	Barnstable Town	357	395	8%	(1,400)	(1.4%)	9.1%	$341,422	43%	2.1
	Boston (D)	1,154	2,124	20%	(700)	0.0%	7.9%	$336,576	38%	1.9
	Cambridge (D)	1,275	1,749	23%	(3,500)	(0.1%)	8.2%	$365,324	35%	0.6
	Pittsfield	101	148	16%	(200)	(0.6%)	8.9%	$199,441	32%	1.7
	Springfield	517	632	13%	(8,600)	(3.0%)	9.9%	$201,854	29%	2.3
	Worcester	1,175	2,789	37%	(5,200)	(2.2%)	9.8%	$224,832	26%	1.1
Michigan
	Ann Arbor	276	329	11%	(1,400)	(0.7%)	8.8%	$150,257	21%	0.0
	Battle Creek	43	43	7%	400	0.7%	11.5%	$76,309	15%	0.2
	Bay City	73	73	16%	(500)	(1.4%)	12.1%	$72,388	14%	0.0
	Detroit (D)	287	423	7%	(12,800)	(1.8%)	14.6%	$83,838	16%	0.2
	Flint	84	150	4%	(1,200)	(0.9%)	14.7%	$70,776	13%	0.0
	Grand Rapids	954	983	20%	(4,700)	(1.3%)	10.9%	$101,248	17%	1.8
	Holland	435	480	18%	(2,000)	(2.0%)	11.8%	$125,983	19%	0.2
	Jackson	62	62	6%	(1,200)	(2.2%)	13.0%	$86,163	17%	0.6
	Kalamazoo	406	415	17%	(2,900)	(2.1%)	11.2%	$105,826	19%	0.0
	Lansing	353	360	11%	2,000	0.9%	10.2%	$87,356	15%	1.1
	Monroe	100	100	8%	(1,000)	(2.6%)	12.7%	$107,997	16%	0.0
	Muskegon	67	93	9%	(1,200)	(2.0%)	14.0%	$79,807	16%	0.2
	Niles	125	137	17%	(1,200)	(2.0%)	12.8%	$108,539	21%	1.3
	Saginaw	104	112	12%	1,400	1.7%	12.3%	$67,245	13%	2.4
	Warren (D)	1,331	1,438	7%	(22,600)	(2.2%)	13.0%	$138,698	19%	0.0
Minnesota
	Duluth	504	601	35%	100	0.1%	7.0%	$104,330	21%	5.5
	Minneapolis	4,267	5,631	20%	(17,800)	(1.0%)	6.4%	$170,977	24%	2.2
	Rochester	456	648	32%	500	0.5%	5.3%	$123,815	18%	0.6
	St. Cloud	335	512	25%	900	0.9%	6.2%	$119,678	21%	2.3
Mississippi
	Gulfport-Biloxi	1,779	2,342	43%	(1,400)	(1.3%)	9.4%	$134,128	30%	5.1
	Hattiesburg	51	61	5%	900	1.5%	9.3%	$90,226	21%	0.3
	Jackson	1,404	1,404	31%	(400)	(0.2%)	8.9%	$127,452	26%	3.1
	Pascagoula	539	593	39%	(2,200)	(3.7%)	10.1%	$99,648	18%	0.0
Missouri
	Columbia	543	591	25%	0	0.0%	5.8%	$143,955	28%	2.0
	Jefferson City	228	344	30%	100	0.1%	6.5%	$103,712	19%	1.0
	Joplin	152	166	22%	(1,000)	(1.3%)	7.8%	$80,844	19%	1.0
	Kansas City	2,089	3,746	20%	(11,600)	(1.2%)	8.3%	$141,732	21%	1.8
	Springfield	928	1,404	27%	2,200	1.1%	7.9%	$117,944	24%	2.3
	St. Joseph	90	134	31%	3,300	5.7%	7.7%	$82,480	17%	0.1
	St. Louis	4,556	5,898	32%	(8,000)	(0.6%)	9.2%	$185,331	31%	5.9
Montana
	Billings	487	589	40%	(2,000)	(2.5%)	5.2%	$116,864	19%	0.2
	Great Falls	129	185	58%	(800)	(2.2%)	5.7%	$96,209	18%	0.3
	Missoula	214	279	25%	1,100	1.9%	6.6%	$165,768	31%	1.7
Nebraska
	Lincoln	708	738	27%	(1,200)	(0.7%)	4.2%	$136,257	20%	0.7
	Omaha	3,063	3,287	50%	(6,000)	(1.3%)	5.1%	$137,696	19%	0.6
Nevada
	Carson City	12	30	4%	(800)	(2.7%)	13.2%	$148,725	23%	0.0
	Las Vegas	5,025	6,474	17%	(30,700)	(3.7%)	14.1%	$137,500	19%	0.1
	Reno	554	872	14%	(4,900)	(2.5%)	13.3%	$175,000	24%	0.1
New Hampshire
	Manchester	367	653	9%	(400)	(0.4%)	5.9%	$233,365	23%	0.5
New Jersey
	Atlantic City	498	589	15%	(2,100)	(1.5%)	12.4%	$221,997	31%	4.4
	Camden (D)	1,380	2,187	26%	(8,100)	(1.6%)	9.9%	$203,500	23%	1.1
	Edison (D)	2,924	3,978	16%	(28,400)	(2.8%)	8.9%	$326,140	31%	3.3
	Newark-Union (D)	1,441	2,277	25%	(26,200)	(2.6%)	9.5%	$390,829	40%	3.4
	Ocean City	266	481	20%	500	1.2%	10.6%	$247,602	35%	3.8
	Trenton	171	394	11%	(4,300)	(1.8%)	7.9%	$256,280	27%	2.3
	Vineland	265	299	41%	(900)	(1.5%)	13.0%	$140,713	22%	0.7
New Mexico
	Albuquerque	1,626	1,765	20%	(2,500)	(0.7%)	8.2%	$201,250	35%	4.9
	Farmington	216	302	51%	(2,000)	(4.0%)	9.2%	$195,134	37%	5.4
	Las Cruces	914	1,004	40%	400	0.6%	7.8%	$102,003	23%	0.6
	Santa Fe	115	115	9%	(400)	(0.7%)	6.6%	$203,926	31%	0.3
New York
	Albany	1,252	1,446	27%	(2,500)	(0.6%)	6.5%	$187,605	28%	3.2
	Binghamton	136	186	14%	(1,800)	(1.6%)	7.8%	$116,355	22%	4.1
	Buffalo	1,175	1,502	32%	1,600	0.3%	7.6%	$117,603	21%	3.0
	Elmira	38	70	24%	900	2.3%	7.9%	$98,428	20%	3.9
	Glens Falls	294	337	21%	200	0.4%	7.1%	$141,434	26%	2.6
	Ithaca	103	138	21%	400	0.6%	5.2%	$155,541	28%	2.3
	Kingston	179	295	21%	(100)	(0.2%)	7.4%	$240,823	36%	4.4
	Nassau (D)	1,255	1,348	12%	2,700	0.2%	6.7%	$393,239	37%	5.3
	New York (D)	1,414	8,279	20%	(14,300)	(0.3%)	9.1%	$473,761	68%	5.4
	Poughkeepsie	799	1,397	27%	(2,600)	(1.0%)	7.4%	$223,499	27%	1.2
	Rochester	1,328	1,744	34%	(1,300)	(0.3%)	7.3%	$123,403	20%	3.3
	Syracuse	868	1,004	29%	600	0.2%	7.6%	$128,357	23%	4.7
	Utica-Rome	355	450	34%	600	0.5%	6.9%	$109,702	22%	2.5
North Carolina
	Asheville	1,185	1,340	31%	(1,800)	(1.1%)	8.2%	$161,164	32%	3.6
	Burlington	541	1,065	53%	(1,100)	(1.9%)	10.9%	$105,466	21%	0.0
	Charlotte	5,246	7,394	29%	(3,600)	(0.4%)	10.9%	$160,400	24%	2.9
	Durham	1,494	2,214	34%	(900)	(0.3%)	7.3%	$200,900	34%	4.8
	Fayetteville	1,728	2,880	67%	(300)	(0.2%)	8.7%	$101,099	19%	0.0
	Goldsboro	283	283	41%	(1,400)	(3.1%)	8.4%	$97,087	21%	0.2
	Greensboro	1,512	2,144	33%	(2,100)	(0.6%)	10.6%	$128,667	25%	0.0
	Greenville	422	630	24%	400	0.5%	9.7%	$98,828	21%	0.0
	Hickory	549	603	25%	(2,700)	(1.8%)	13.0%	$101,147	21%	0.3
	Jacksonville	1,912	2,360	100%	1,600	3.3%	7.5%	$121,440	23%	0.0
	Raleigh-Cary	5,033	5,300	30%	(2,900)	(0.6%)	8.2%	$185,180	26%	2.1
	Rocky Mount	229	235	23%	(500)	(0.8%)	12.9%	$85,980	18%	0.2
	Wilmington	1,651	1,795	20%	(3,300)	(2.3%)	9.4%	$187,720	35%	2.8
	Winston-Salem	996	1,293	29%	500	0.2%	9.4%	$114,016	21%	0.1
North Dakota
	Bismarck	572	651	60%	1,100	1.8%	3.1%	$161,915	21%	2.7
	Fargo	945	1,661	59%	(100)	(0.1%)	3.5%	$145,014	22%	1.0
	Grand Forks	164	334	50%	300	0.6%	3.8%	$118,304	19%	0.0
Ohio
	Akron	627	678	17%	(7,300)	(2.3%)	10.0%	$123,500	21%	3.4
	Canton	316	374	24%	(3,600)	(2.2%)	11.6%	$93,373	18%	2.1
	Cincinnati	3,395	3,792	24%	(10,400)	(1.0%)	9.7%	$133,506	19%	1.1
	Cleveland	2,026	2,204	28%	(4,500)	(0.4%)	9.1%	$124,732	21%	2.6
	Columbus	2,888	4,858	28%	(8,900)	(1.0%)	8.7%	$145,000	21%	2.9
	Dayton	801	959	23%	(3,800)	(1.0%)	10.9%	$113,824	20%	2.7
	Lima	35	74	15%	(300)	(0.6%)	10.9%	$85,854	16%	0.4
	Mansfield	52	78	13%	(100)	(0.2%)	11.6%	$82,899	17%	0.9
	Sandusky	43	47	8%	700	1.8%	9.5%	$107,581	18%	0.1
	Springfield	52	52	8%	0	0.0%	10.2%	$89,671	17%	0.4
	Toledo	533	676	16%	700	0.2%	11.2%	$85,909	15%	1.3
	Youngstown	323	355	19%	800	0.4%	11.6%	$75,614	15%	2.3
Oklahoma
	Lawton	344	648	59%	1,100	2.5%	6.2%	$87,568	15%	0.5
	Oklahoma City	3,341	4,057	19%	600	0.1%	6.5%	$141,224	22%	3.8
	Tulsa	2,782	3,324	27%	(8,700)	(2.1%)	7.7%	$131,067	20%	0.5
Oregon
	Bend	377	387	9%	(1,800)	(2.9%)	13.7%	$141,817	21%	0.0
	Corvallis	99	117	15%	(1,100)	(2.9%)	6.7%	$182,806	27%	0.4
	Eugene	516	667	24%	(1,000)	(0.7%)	10.3%	$201,389	36%	5.4
	Medford	321	340	16%	(900)	(1.2%)	12.2%	$143,782	26%	0.2
	Portland	3,559	4,329	22%	(20,100)	(2.1%)	10.2%	$234,000	33%	5.2
	Salem	613	861	26%	(600)	(0.4%)	10.3%	$169,700	28%	4.8
Pennsylvania
	Allentown	1,439	1,617	30%	(1,100)	(0.3%)	9.9%	$221,372	28%	3.3
	Altoona	86	110	22%	300	0.5%	7.9%	$91,779	16%	0.0
	Erie	400	601	59%	(1,100)	(0.9%)	10.0%	$103,907	18%	1.1
	Harrisburg	1,399	1,632	44%	(5,600)	(1.7%)	8.3%	$147,807	19%	0.8
	Johnstown	78	78	21%	(600)	(1.0%)	10.0%	$82,837	18%	2.5
	Lancaster	1,309	1,539	43%	(1,600)	(0.7%)	8.0%	$169,636	23%	2.1
	Lebanon	330	330	39%	(200)	(0.4%)	7.8%	$139,216	21%	1.6
	Philadelphia (D)	3,099	4,081	23%	(16,400)	(0.9%)	9.3%	$222,301	26%	3.2
	Pittsburgh	3,017	3,255	46%	(4,300)	(0.4%)	8.5%	$128,838	20%	1.4
	Reading	398	412	19%	(1,000)	(0.6%)	10.0%	$157,132	22%	4.1
	Scranton	620	654	30%	(1,400)	(0.5%)	10.3%	$122,068	20%	0.8
	State College	298	354	32%	600	0.8%	6.5%	$159,511	26%	1.2
	Williamsport	96	102	19%	(100)	(0.2%)	9.6%	$110,815	19%	0.9
	York	1,146	1,229	39%	(300)	(0.2%)	9.4%	$153,005	21%	1.2
Rhode Island
	Providence	1,307	1,445	12%	(13,500)	(2.5%)	12.1%	$229,456	34%	1.7
South Carolina
	Anderson	318	318	17%	(1,300)	(2.2%)	11.0%	$92,208	19%	0.0
	Charleston	3,028	3,354	31%	3,600	1.3%	8.8%	$198,000	33%	3.9
	Columbia	2,919	3,588	44%	900	0.3%	8.9%	$127,500	22%	2.8
	Florence	318	372	28%	600	0.7%	11.1%	$114,322	25%	2.6
	Greenville	1,501	1,661	30%	(2,600)	(0.9%)	9.5%	$136,500	26%	5.2
	Myrtle Beach	1,645	1,865	16%	(200)	(0.2%)	10.7%	$149,798	30%	0.7
	Spartanburg	678	678	25%	(1,600)	(1.3%)	11.0%	$124,343	24%	4.4
	Sumter	394	490	54%	(1,500)	(4.1%)	12.1%	$94,856	21%	0.0
South Dakota
	Rapid City	481	691	50%	(300)	(0.5%)	4.8%	$118,324	19%	0.4
	Sioux Falls	1,057	1,575	63%	(500)	(0.4%)	4.6%	$155,186	21%	2.5
Tennessee
	Chattanooga	1,057	1,174	31%	1,100	0.5%	8.7%	$121,997	25%	1.2
	Clarksville	1,338	1,483	46%	100	0.1%	10.5%	$97,857	20%	0.8
	Cleveland	283	584	62%	(500)	(1.3%)	9.4%	$101,751	24%	0.5
	Jackson	290	290	26%	(300)	(0.5%)	10.2%	$82,838	19%	0.2
	Johnson City	532	561	39%	400	0.5%	8.9%	$108,847	27%	1.5
	Kingsport	527	604	39%	(900)	(0.8%)	8.8%	$104,024	25%	1.1
	Knoxville	1,485	2,186	34%	2,700	0.8%	8.0%	$142,352	30%	3.8
	Memphis	1,877	2,581	23%	(15,500)	(2.6%)	10.2%	$129,133	26%	3.0
	Morristown	245	255	33%	(700)	(1.5%)	11.8%	$99,169	24%	0.2
	Nashville	4,254	5,510	30%	(5,500)	(0.8%)	9.0%	$150,000	26%	4.7
Texas
	Abilene	227	343	16%	(100)	(0.2%)	6.3%	$100,500	21%	4.0
	Amarillo	659	697	19%	(500)	(0.4%)	5.4%	$122,100	23%	4.0
	Austin	6,978	8,431	32%	4,000	0.5%	6.9%	$189,300	27%	4.5
	Beaumont	1,617	1,631	58%	(1,600)	(1.0%)	10.6%	$123,100	23%	4.2
	Brownsville	1,074	1,178	30%	1,100	0.9%	10.9%	$96,700	27%	3.7
	College Station	922	1,011	29%	3,200	3.3%	5.8%	$150,200	32%	3.9
	Corpus Christi	1,116	1,192	19%	(300)	(0.2%)	8.0%	$133,100	27%	4.8
	Dallas (D)	11,407	13,270	18%	5,600	0.3%	8.1%	$163,700	24%	3.5
	El Paso	2,946	4,361	67%	2,500	0.9%	9.3%	$133,200	32%	5.1
	Fort Worth (D)	5,802	6,895	18%	(2,200)	(0.3%)	8.1%	$139,191	21%	3.0
	Houston	25,112	29,529	39%	(22,000)	(0.9%)	8.3%	$153,500	23%	3.8
	Killeen	2,124	2,453	54%	2,600	2.1%	7.3%	$129,923	23%	4.6
	Laredo	670	766	32%	300	0.3%	8.5%	$86,527	21%	0.8
	Longview	209	306	19%	0	0.0%	7.4%	$131,800	26%	5.1
	Lubbock	840	1,112	27%	400	0.3%	5.7%	$114,900	23%	1.6
	McAllen	2,862	3,325	36%	3,500	1.6%	11.2%	$104,300	27%	1.9
	Midland	388	388	10%	(800)	(1.2%)	5.4%	$122,357	20%	3.2
	Odessa	274	386	18%	(600)	(1.0%)	8.2%	$138,000	27%	4.9
	San Angelo	211	331	21%	1,200	2.7%	6.1%	$113,600	23%	5.0
	San Antonio	6,128	6,867	31%	(7,600)	(0.9%)	7.1%	$145,500	26%	4.7
	Sherman	110	115	11%	(500)	(1.2%)	8.3%	$96,700	18%	3.8
	Texarkana	85	155	18%	300	0.5%	7.4%	$75,592	15%	0.0
	Tyler	173	222	8%	800	0.9%	7.5%	$142,000	26%	5.0
	Victoria	115	115	6%	(600)	(1.2%)	7.6%	$116,900	21%	2.4
	Waco	498	824	28%	2,500	2.4%	6.8%	$109,000	23%	2.0
	Wichita Falls	187	241	27%	(1,000)	(1.7%)	7.6%	$105,200	20%	4.1
Utah
	Logan	483	580	41%	(300)	(0.6%)	5.1%	$122,363	19%	0.5
	Ogden-Clearfield	1,747	1,901	37%	(1,600)	(0.8%)	7.0%	$131,952	16%	0.3
	Provo-Orem	1,616	1,907	29%	(3,300)	(1.9%)	7.3%	$137,467	17%	0.2
	Salt Lake City	2,010	3,897	31%	(12,300)	(2.0%)	7.0%	$215,060	27%	4.4
	St. George	818	841	22%	(1,700)	(3.5%)	9.0%	$129,012	19%	0.2
Virginia
	Charlottesville	642	715	27%	(700)	(0.7%)	5.9%	$197,083	25%	0.0
	Danville	90	130	25%	(1,000)	(2.5%)	11.7%	$83,543	20%	0.5
	Harrisonburg	371	396	30%	900	1.5%	6.7%	$165,290	25%	0.2
	Lynchburg	701	807	44%	500	0.5%	7.6%	$133,271	22%	0.2
	Richmond	2,812	3,609	32%	(5,300)	(0.9%)	7.6%	$201,000	29%	3.8
	Roanoke	491	511	27%	(1,200)	(0.8%)	7.4%	$133,453	22%	0.0
	Virginia Beach	3,257	4,956	21%	(4,300)	(0.6%)	7.3%	$209,883	31%	4.6
	Winchester	305	325	18%	(600)	(1.1%)	7.5%	$134,111	20%	0.0
Washington
	Bellingham	385	401	16%	(2,300)	(2.8%)	8.3%	$197,810	37%	4.4
	Bremerton	510	522	20%	(800)	(1.0%)	7.6%	$250,000	36%	5.7
	Kennewick	1,352	1,359	42%	2,700	2.8%	7.0%	$186,644	32%	5.9
	Longview	128	130	19%	(600)	(1.7%)	12.0%	$125,723	24%	1.1
	Mount Vernon	255	299	26%	(2,200)	(4.9%)	10.0%	$178,900	30%	1.5
	Olympia	1,141	1,308	41%	300	0.3%	7.7%	$221,819	32%	5.8
	Seattle (D)	4,529	6,353	23%	(20,000)	(1.4%)	8.1%	$350,000	45%	6.2
	Spokane	951	1,926	44%	(5,100)	(2.4%)	8.9%	$163,362	30%	5.4
	Tacoma (D)	1,535	1,940	28%	(4,000)	(1.5%)	9.6%	$225,000	33%	5.2
	Wenatchee	324	336	30%	(100)	(0.3%)	8.8%	$177,237	33%	2.3
	Yakima	455	537	44%	1,200	1.6%	9.1%	$166,152	33%	5.3
West Virginia
	Charleston	352	381	45%	(600)	(0.4%)	7.8%	$122,941	27%	3.1
	Huntington	118	203	32%	(200)	(0.2%)	8.3%	$82,879	20%	0.7
	Morgantown	32	89	34%	1,700	2.7%	5.7%	$115,802	25%	0.3
	Parkersburg	132	181	41%	700	1.0%	9.2%	$83,963	18%	0.4
	Wheeling	18	18	6%	100	0.1%	9.4%	$73,488	17%	0.8
Wisconsin
	Appleton	485	585	27%	(700)	(0.6%)	7.1%	$127,327	20%	4.5
	Eau Claire	358	444	31%	0	0.0%	6.4%	$111,659	20%	2.6
	Fond Du Lac	177	291	47%	(600)	(1.3%)	7.5%	$113,792	19%	1.6
	Green Bay	758	1,366	44%	(1,000)	(0.6%)	7.2%	$137,240	23%	3.0
	Janesville	217	263	21%	(1,000)	(1.6%)	10.4%	$106,205	19%	2.0
	La Crosse	256	272	32%	(1,400)	(1.9%)	5.8%	$115,396	21%	2.3
	Madison	897	1,657	27%	(4,500)	(1.3%)	5.5%	$223,796	33%	5.4
	Milwaukee	998	1,662	19%	(17,200)	(2.1%)	8.2%	$217,231	36%	6.3
	Oshkosh-Neenah	303	513	35%	(100)	(0.1%)	6.8%	$108,736	18%	0.7
	Racine	211	219	17%	(2,100)	(2.8%)	9.4%	$133,225	22%	4.2
	Sheboygan	77	153	21%	(1,100)	(1.8%)	8.1%	$119,785	21%	3.1
	Wausau	264	305	22%	(1,400)	(2.1%)	8.2%	$111,433	18%	1.1
Wyoming
	Casper	367	874	100%	(1,300)	(3.3%)	7.0%	$112,286	19%	0.9
	Cheyenne	234	452	52%	(600)	(1.3%)	7.0%	$110,215	16%	0.3
		0	0	0%	0	0.0%	0.0%	$	0%	0.0
* The government defines metro areas and includes metro divisions within some areas. In these instances, we report at the more detailed division level, because that is what most of our clients use for decision making. For example, we report on the Los Angeles and Orange County divisions separately, rather than the Los Angeles MSA, which includes both Los Angeles and Orange counties. We also use the more colloquial names used by business people, so we refer to the "Santa Ana-Anaheim-Irvine" division as "Orange County." For the government definitions, visit: http://www.census.gov/population/www/metroareas/lists/2007/List1.txt