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
20142015201620172018Percent Change
from 2017
Percent Change
from 2014
GDP
(millions of dollars)
5,5385,7105,7955,8515,9201.2%6.9%
Real GDP
(millions of chained 2009 dollars)
5,1655,1895,2045,2175,203-0.3%0.7%
Population161,000161,500162,000162,500162,9000.2%1.2%
Real GDP per capita
(chained 2009 dollars)
32,08132,13032,12332,10531,940-0.5%-0.4%

Construction
(Thousands of Dollars)
FY
2015
FY
2016
FY
2017
FY
2018
FY
2019
Percent
Change
from 2018
Percent
Change
from 2015
Building Permits226,013434,277436,833365,589361,574-1.1%60.0%
DOD Construction Contracts**308,90240,963167,932294,999427,22944.8%38.3%
Total534,915475,240604,765660,588788,80319.4%47.5%

TourismFY
2015
FY
2016
FY
2017
FY
2018
FY
2019
Percent Change
from 2018
Percent Change
from 2015
Total Visitors1,372,5311,511,0651,559,4871,525,2191,631,0496.9%18.8%
Occupancy Tax Collected$36,568,032$40,192,651$44,011,958$42,871,223$45,061,8225.1%23.2%

Federal
Expenditures/
Obligations
(Millions of Dollars)
Source:
USAspending.gov
FY
2015
FY
2016
FY
2017
FY
2018
FY
2019
Percent
Change
from 2018
Percent
Change
from 2015
Department
of
Defense
821.77694.96804.80881.25637.05-27.71%-22.48%
Non-
Defense/
Other
568.63528.34702.00770.65850.3510.34%49.54%
Total
Amount
Awarded
1,390.401,223.301,506.801,651.901,487.40-9.96%6.98%

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

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