Summary Economic Indicators

EmploymentMar
2015
Mar
2016
Mar
2017
Mar
2018
Mar
2019
Percent
Change
from 2018
Percent
Change
from 2015
Private46,93047,78049,30049,20049,9201.46%6.37%
  Construction6,7406,0505,4505,8006,76016.55%0.30%
Federal Government4,0403,9403,9503,8603,780-2.07%-6.44%
Government of Guam11,76011,79011,75011,82011,520-2.54%-2.04%
Total Employment62,73063,51065,00064,88065,2200.52%3.97%

Weekly
Earnings
Mar
2015
Mar
2016
Mar
2017
Mar
2018
Mar
2019
Percent Change
from 2018
Percent Change
from 2015
Private (Nonsupervisory)$499.29$483.83$486.99$496.28$525.125.81%5.17%
GovGuam (All Branches)$924.45$898.80$1,012.68$1,002.62$1,024.712.20%10.85%

Unemployment
Rate
Mar
2015
Mar
2016
Mar
2017
Mar
2018
Mar
2019
Change
from 2018
Change
from 2015
6.9%4.0%4.3%4.4%4.3%-0.1-2.6

Gross
Domestic
Product
20132014201520162017Percent Change
from 2016
Percent Change
from 2013
GDP
(millions of dollars)
5,3365,5385,7105,7935,8591.1%9.8%
Real GDP
(millions of chained 2009 dollars)
5,0775,1655,1945,2075,2170.2%2.8%
Population160,500161,000161,500162,000162,5000.3%1.2%
Real GDP per capita
(chained 2009 dollars)
31,63232,08132,16132,14232,105-0.1%1.5%

Construction
(Thousands of Dollars)
FY
2014
FY
2015
FY
2016
FY
2017
FY
2018
Percent
Change
from 2017
Percent
Change
from 2014
Building Permits406,172226,013434,277436,833365,589-16.3%-10.0%
DOD Construction Contracts**295,691308,90240,963167,932294,99975.7%-0.2%
Total701,863534,915475,240604,765660,5889.2%-5.9%

TourismFY
2014
FY
2015
FY
2016
FY
2017
FY
2018
Percent Change
from 2017
Percent Change
from 2014
Total Visitors1,341,1711,372,5311,511,0651,559,4871,528,388-2.0%14.0%
Occupancy Tax Collected$34,451,301$36,568,032$40,192,651$40,009,909$42,838,7367.1%24.3%

Federal
Expenditures/
Obligations
(Dollars)
Source:
USAspending.gov
FY
2014
FY
2015
FY
2016
FY
2017
FY
2018
Percent
Change
from 2017
Percent
Change
from 2014
Department
of
Defense
780,720,201821,797,660694,518,907803,858,907880,084,3079.48%12.73%
Non-
Defense/
Other
373,193,535568,841,094528,081,350701,987,948770,802,3109.80%106.54%
Total
Amount
Awarded
1,153,913,7361,390,638,7541,222,600,2571,505,846,8551,650,886,6179.63%43.07%

**DOD construction contract awards for projects $5 million and above.

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