2013-06-20-美国商务部-County_Summary_Report_of_Areas_in_New_Jersey_and_New_York_Affected_by_Hurricane_Sandy_180页_3mb

County Summary Report: Hurricane Sandy Impact on New Jersey and New York

Executive Summary

This report provides baseline demographic and economic conditions for counties in New Jersey and New York affected by Hurricane Sandy, which made landfall near Atlantic City on October 29, 2012. It was prepared to support recovery efforts by the Economic Development Administration (EDA) and the Federal Emergency Management Agency (FEMA). The report includes pre-storm data such as population, income, poverty rates, and unemployment rates, as well as post-storm economic indicators like the Federal Reserve Bank of New York (FRBNY) Coincident Economic Indicators (CEI) index.

Core Content

Baseline Demographic and Economic Conditions

• Population Growth: In New Jersey, population growth was modest for most age groups between 2006 and 2011, with the 60-74 age group showing significant growth at 3-5% annually. In New York, similar trends were observed.
• Income Levels:
  • New Jersey had a median household income of $67,458 in 2011, which was $17,000 above the national average.
  • New York had a median household income of $55,246, $4,700 above the national average.
• Poverty Rates:
  • Some New Jersey counties, like Essex County, had higher poverty rates than the national average (14.4%).
  • Bronx County in New York had a notably high poverty rate at 28.1%, over twice the national average.
• Per Capita Income:
  • In New Jersey, per capita income was higher in northern counties, with Hunterdon County at $99,099.
  • In New York, Nassau County had the highest per capita income at $91,414.

Unemployment Rates

• New Jersey unemployment rates were consistently 1-2 percentage points higher than the national average from early 2012, with some counties like Atlantic, Camden, and Salem experiencing a substantial increase in unemployment post-Sandy.
• New York unemployment rates followed the national trend, with Bronx and Kings counties having consistently higher rates than the state average. Post-Sandy, Bronx and Kings saw a reduction in unemployment, while Sullivan experienced an increase.

Economic Indicators

• The FRBNY CEI index showed a modest increase in economic activity in New York and New Jersey, with NJ showing the strongest improvement in the two months following the storm.
• CEI Index Trends:
  • New York City increased by 1.8% in December 2012, following a 2.3% increase in November.
  • New York State had a 2.4% increase in December 2012, following a 0.1% decrease in November.
  • New Jersey had a 3.7% increase in December 2012, with an annual increase of 1.5%.

Main Points

• Population Trends:
  • In New Jersey, the 60-74 age group saw the highest growth.
  • In New York, seasonal fluctuations in unemployment were observed, but December 2012 rates were higher than the previous year in some counties.
• Income Disparities:
  • Income levels varied significantly across counties, with southern NJ and Bronx having lower median incomes.
  • Transfer payments became a more significant income source in areas with higher populations of seniors.
• Unemployment:
  • Post-Sandy unemployment increased in some areas, particularly in southern NJ, but decreased in others like northern NJ and NYC.
  • Unemployment rates in Bergen County were close to the national average in December 2012.
• Economic Activity:
  • The CEI index indicated a positive trend in economic activity for the region in the months following the storm.
  • Federal Contract Awards were available for FY2012, with New Jersey having $253 million in contracts and New York having $891 million in FY2012-13.

Key Information

• Data Sources:
  • Population and income data from the U.S. Census Bureau.
  • Unemployment rates from the Bureau of Labor Statistics (BLS).
  • Federal Contract Awards and firm headquarters from the Census Bureau.
• Report Scope:
  • Focuses on pre-storm conditions, not the impact of Sandy.
  • Includes demographic data, income statistics, unemployment trends, and industry employment.
• Limitations:
  • Housing and home value data are not included.
  • County government revenue and expenditure data are limited to a few counties.
• Geographic Focus:
  • 21 New Jersey counties and 13 New York counties were analyzed.
  • Maps and tables are provided to illustrate population and income trends.

Summary of Economic Indicators

New Jersey

• Median Household Income: $67,458 (2011), $17,000 above the national average.
• Poverty Rates:
  • Essex County: 14.4% (3 percentage points above national average).
  • Atlantic, Camden, Cape May, etc.: Median incomes ranged from $50,829 to $57,784.
• Unemployment Rates:
  • Atlantic County: 14.3% in December 2012 (up from 12.9% pre-hurricane).
  • Bergen County: 7.7% in December 2012, below the state average of 9.3%.
• Top Industries:
  • Accommodations, Food Services, and Health Care dominated in Atlantic County.
  • Ambulatory Health Care, Professional Services, and Food Services were top industries in Bergen County.

New York

• Median Household Income: $55,246 (2011), $4,700 above the national average.
• Poverty Rates:
  • Bronx County: 28.1% (over twice the national average).
  • Kings County: $32,058 median income.
• Unemployment Rates:
  • Bronx and Kings had consistently higher rates than the state average.
  • Post-Sandy saw a reduction in unemployment in Bronx and Kings, but an increase in Sullivan.
• Top Industries:
  • Health Care, Professional Services, and Food Services were prominent in Bergen County.
  • Nassau County had the highest per capita income in New York.

Conclusion

This report provides essential baseline data for understanding the demographic and economic landscape of New Jersey and New York counties affected by Hurricane Sandy. It highlights income disparities, population trends, and unemployment variations, while also noting the resilience and recovery in economic activity in the months following the storm. The data supports Federal assistance efforts and serves as a baseline for future analysis.