Current Economic Conditions Miami

Miami Beach Economic Indicators

Average Daily Population

Permanent Residents Seasonal Residents Hotel Guests Residents Leaving for Work Non Resident Workers Other Tourists Non-Tourist Beach Visitors Other Day Trippers Average Daily Population Miami Beach Labor Force Employed Un- employed MSA Labor Force MSA Employed MSA Unemployed Non-Miami Beach MSA Labor Force Non-Miami Beach MSA Employed Non-Miami Beach MSA Unemployed Miami Beach Greater Miami MSA Florida USA Miami CPI U.S. CPI-U Miami Gas Price Bank Deposits Deposit Ratio of Gross City Product Gross City Product (GCP) Hospitality Share of GCP Payroll Share of GCP GCP Return on Property Value Building Permits Building Permit Job Valuations Total Office Square Feet Occupied Square Feet Vacant Square Feet Vacancy Rate For Sale Sold Avg Days on Mkt Median Price Months Supply Average Price Per Foot Average Size of Sold (sf) Average For Sale Price Volume Sold Average Sold Price For Sale Sold Avg Days on Mkt Median Price Months Supply Average Price Per Foot Average Size of Sold (sf) Average For Sale Price Volume Sold Average Sold Price USA 20 City Index Miami Total Residential Sales Volume Citywide Assessed Value

2006 84,880 15,805 20,691 (28,709) 26,362 12,336 13,108 22,033 166,506 48,651 47,064 1,586 1,166,002 1,118,704 47,298 1,117,351 1,071,640 45,712 3.26% 4.06% 3.43% 4.61% 205.400 201.800 2.43 $3,587,666,000 52.9% $6,778,222,949 22.1% 23.4% 29.8% 12,225 1,179,728,398 1,951,629 1,766,224 185,405 9.5% 2,828 2,534 110 353,000 11.68 441.11 1,205 699,444 735,696,000 290,330 356 279 142 1,230,333 13.22 693.67 3,771 2,608,000 479,474,000 1,718,545 203.330 280.870 1,215,170,000 22,740,000,000

2007 85,036 15,805 20,281 (29,380) 24,567 8,573 20,182 19,870 164,934 49,607 48,164 1,443 1,196,086 1,143,548 52,538 1,146,480 1,095,384 51,096 2.91% 4.39% 4.02% 4.64% 217.319 210.036 3.26 $3,625,009,000 51.5% $7,042,401,169 22.2% 24.1% 26.2% 12,730 1,168,170,169 1,988,630 1,861,358 127,272 6.4% 3,887 1,328 130 358,750...