PASSENGER COUNTS SPIKE
As the rest
of the economy limps slowly to recovery, Brevard’s transportation hubs experienced explosive growth in the
first quarter of 2010. The mid-February return of U.S. Airways, as well as new service from Direct
Air, resulted in a year-over-year passenger increase of 80% at Melbourne International Airport in March. Further north, as Port Canaveral ushers in its new fleet of larger cruise ships and welcomes additional ports of call from Baltimore, passenger counts surged in all months of 2010. Impressive growth was also seen in the Port’s cargo business, fueled in part by the start of operations at Seaport Canaveral tank farm.
Port Canaveral % Change from Previous Year
71.1%
48.8%
Cruise Passengers Cargo Tonnage
40.2% 18.0%
January 2010
Source: Canaveral Port Authority
Key Monthly Indicators
Payroll Employment1 Unemployment Rate1 Home Sales2
Median Sales Price2 Housing Units Authorized3
Revenue Passengers, Melbourne International Airport4
Cruise Passengers, Port Canaveral5 Hotel Occupancy Rate6
Taxable Sales7
Index of Retail Activity7
Sources: 1
Association of Brevard; 4
CURRENT MONTH
12.2% 490
40,737
241,853 78.3%
Feb 2010
$501.7m
116.6
PREVIOUS MONTH
Mar 2010 Feb 2010
194,000
193,300 12.7% 357
$105,800 $106,400 108
117 23,415
221,664 69.6%
Jan 2010
$457.0m
114.2
Florida Agency for Workforce Innovation, Labor Market Statistics Center; 2 Melbourne Airport Authority; 5
Canaveral Port Authority; 6
YEAR AGO Mar2009
199,300 9.6% 539
$123,700 46
22,614
202,936 76.3%
Feb 2009
$490.5m
117.2
Economic & Demographic Research. Numbers represent most recent data available at time of preparation.
‘By the Numbers’ is a monthly review of the Brevard economy, prepared by the
Economic Development Commission of Florida’s Space Coast. For the very latest on these and other indicators in the Brevard economy, visit www.spacecoastedc. org/DataCenter/
EconomicIndicators.aspx.
spacecoastbusiness.com JUNE2010[57
MONTHLY % CHANGE
to Mar 2010
0.4% 0.5%
Feb 2010
37.3%
-0.6% -7.7%
74.0% 9.1% 8.7%
to Feb 2010
9.8% 2.1%
Jan 2010
Florida Association of Realtors; 3 Space Coast Office of Tourism; 7
% CHANGE Mar 2009
ANNUAL
Mar 2010
-2.7% -2.6% -9.1%
-14.5%
134.8%
80.1% 19.2% 2.0%
to Feb 2010
2.3%
-0.5%
Feb 2009
Home Builders & Contractors Florida Legislature, Office of
February 2010
19.2%
March 2010
85.5%
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