Sources: STR, Smith Travel Research, TCPA, Texas Comptroller of Public Accounts, TABC, Texas Alcoholic Beverage Commission Updated February 29, 2016 Questions: Arrie@dfwi.org

March 2016

Economic Indicators Source Period Current

Period

Previous

Period

Same Period

Last Year

Change From

Same Period

Last Year

Apartment Occupancy Rate DFWI 4Q 15 96.3% 95.10% 96.5% -0.2%

Average Residential Rent DFWI 4Q 15 $1,747 $1,742 $1,681 3.9%

Average Residential Rent / SF DFWI 4Q 15 $1.70 $1.68 $1.59 6.9%

Total Existing Rental Units DFWI 4Q 15 2,166 2,166 2,166 0.0%

Rental Units Under Construction DFWI 4Q 15 164 164 164 0.0%

Median Residential Sales Price MLS 4Q 15 $264,300 $242,450 $212,450 24.4%

Median Residential Sales Price ($/SF) MLS 4Q 15 $240 $234 $169 42.0%

Number of Condos Sold (YTD) MLS 4Q 15 99 63 99 0.0%

Number of Condos Under Construction DFWI 4Q 15 11 11 11 0.0%

Total Existing Condos / Townhomes DFWI 4Q 15 926 926 926 0.0%

Direct Office Occupancy Rate DFWI/CoStar 4Q 15 90.7% 89.90% 86.4% 4.3%

Average Class A Office Rent / SF DFWI/CoStar 4Q 15 $28.67 $28.37 $28.74 -0.2%

Average Class B Office Rent / SF DFWI/CoStar 4Q 15 $19.20 $19.69 $20.59 -6.8%

Office Space Leased (SF, YTD) DFWI/CoStar 4Q 15 394,788 282,250 787,492 -49.9%

Net Office Absorption (SF) DFWI/CoStar 4Q 15 70,786 72,314 60,850 16.3%

Retail Occupancy Rate DFWI/CoStar 4Q 15 96.0% 94.90% 92.7% 3.3%

Retail Trade Gross Sales TCPA 2Q 15 $71,789,777 $40,106,260 $43,572,034 64.8%

Accommodation and Food Services Sales TCPA 2Q 15 $46,760,300 $46,699,588 $45,678,561 2.4%

Full Service Restaurants Gross Sales TCPA 2Q 15 $27,245,002 $27,062,540 $26,193,928 4.0%

Mixed Beverages Gross Sales (YTD) TABC JAN-16 $4,681,680 $30,272,601 $4,812,378 -2.7%

Fort Worth Business Cycle Index Federal Reserve JAN-16 360.2 360.4 352.2 2.3%

Transportation

T Ridership, Routes Serving CBD The T 1Q 15 1,263,949 1,383,326 1,346,245 -6.1%

TRE Ridership @ ITC The T 1Q 15 51,658 56,425 58,119 -11.1%

TRE Ridership @ T&P The T 1Q 15 44,072 46,768 44,979 -2.0%

Hospitality

Hotel Occupancy Rate (YTD) STR FEB-16 69.0% 65.6% 74.5% -7.4%

Average Hotel Room Rate (YTD) STR FEB-16 $166.47 $162.66 $171.55 -3.0%

Average Hotel RevPar (YTD) STR FEB-16 $114.89 $106.74 $127.73 -10.1%

Hotel Room Supply (YTD) STR FEB-16 156,468 82,212 156,468 0.0%

Hotel Room Demand (YTD) STR FEB-16 107,987 53,946 116,503 -7.3%

Hotel Room Revenue (YTD) STR FEB-16 $17,976,819 $8,775,066 $19,986,205 -10.1%

Total Hotel Occupancy Taxes Paid (YTD) TCPA 4Q 15 $15,603,947 $15,603,947 $15,864,783 -1.6%

Sources: STR, Smith Travel Research, TCPA, Texas Comptroller of Public Accounts, TABC, Texas Alcoholic Beverage Commission Updated August 16, 2015 Questions: Arrie@dfwi.org

October 2015

Economic Indicators Source Period Current

Period

Previous

Period

Same Period

Last Year

Change From

Same Period

Last Year

Apartment Occupancy Rate DFWI 3Q 15 95.10% 97.80% 94.70% 0.40%

Average Residential Rent DFWI 3Q 15 $1,742 $1,743 $1,706 2.11%

Average Residential Rent / SF DFWI 3Q 15 $1.68 $1.69 $1.61 4.35%

Total Existing Rental Units DFWI 3Q 15 2,166 2,166 2,166 0.00%

Rental Units Under Construction DFWI 3Q 15 164 164 0 164

Median Residential Sales Price MLS 3Q 15 $242,450 $300,450 $189,950 27.64%

Median Residential Sales Price ($/SF) MLS 3Q 15 $234 $241 $179 30.73%

Number of Condos Sold (YTD) MLS 3Q 15 36 32 32 -31.90%

Number of Condos Under Construction DFWI 3Q 15 11 11 0 11

Total Existing Condos / Townhomes DFWI 3Q 15 926 926 926 0.00%

Direct Office Occupancy Rate DFWI/CoStar 3Q 15 89.90% 89.60% 85.90% 4.66%

Average Class A Office Rent / SF DFWI/CoStar 3Q 15 $28.37 $28.48 $38.73 -26.75%

Average Class B Office Rent / SF DFWI/CoStar 3Q 15 $19.69 $19.78 $20.47 -3.81%

Office Space Leased (SF, YTD) DFWI/CoStar 3Q 15 282,250 197,357 564,731 -50.02%

Net Office Absorption (SF) DFWI/CoStar 3Q 15 72,314 104,520 48,967 47.68%

Retail Occupancy Rate DFWI/CoStar 3Q 15 94.90% 94.80% 92.60% 2.30%

Retail Trade Gross Sales TCPA 1Q 14 $40,106,260 $60,127,429 $33,298,594 20.44%

Accommodation and Food Services Sales TCPA 1Q 14 $46,699,588 $46,768,772 $43,929,443 6.31%

Full Service Restaurants Gross Sales TCPA 1Q 14 $27,062,540 $27,637,450 $25,015,823 8.18%

Mixed Beverages Gross Sales (YTD) TABC Aug-15 $34,323,944 $30,272,601 $34,808,327 -1.39%

Fort Worth Business Cycle Index Federal Reserve Aug-15 354.4 355 344.6 2.84%

Transportation

T Ridership, Routes Serving CBD The T 1Q 15 1,263,949 1,383,326 1,346,245 -6.1%

TRE Ridership @ ITC The T 1Q 15 51,658 56,425 58,119 -11.1%

TRE Ridership @ T&P The T 1Q 15 44,072 46,768 44,979 -2.0%

Hospitality

Hotel Occupancy Rate (YTD) STR Sept-15 70.90% 70.90% 70.10% 1.14%

Average Hotel Room Rate (YTD) STR Sept-15 $165.68 $164.70 $162.55 1.93%

Average Hotel RevPar (YTD) STR Sept-15 $117.51 $116.73 $113.89 3.18%

Hotel Room Supply (YTD) STR Sept-15 723,996 644,436 724,114 -0.02%

Hotel Room Demand (YTD) STR Sept-15 513,490 456,732 507,363 1.21%

Hotel Room Revenue (YTD) STR Sept-15 $85,077,310 $75,225,431 $82,470,363 3.16%

Total Hotel Occupancy Taxes Paid (YTD) TCPA 3Q 15 $8,101,813 $4,082,801 $8,290,610 -2.28%

Sources: STR, Smith Travel Research, TCPA, Texas Comptroller of Public Accounts, TABC, Texas Alcoholic Beverage Commission Updated August 16, 2015 Questions: Arrie@dfwi.org

July 2015

Economic Indicators Source Period Current

Period

Previous

Period

Same Period

Last Year

Change From

Same Period

Last Year

Apartment Occupancy Rate DFWI 2Q 15 97.8% 96.9% 94.6% 3.20%

Average Residential Rent DFWI 2Q 15 $1,743 $1,705 $1,670 4.4%

Average Residential Rent / SF DFWI 2Q 15 $1.69 $1.65 $1.53 10.5%

Total Existing Rental Units DFWI 2Q 15 2,166 2,166 1,886 14.8%

Rental Units Under Construction DFWI 2Q 15 164 164 280 116

Median Residential Sales Price MLS 2Q 15 $300,450 $219,150 $239,000 25.7%

Median Residential Sales Price ($/SF) MLS 2Q 15 $241 $240 $194 24.2%

Number of Condos Sold (YTD) MLS 2Q 15 32 20 47 -31.9%

Number of Condos Under Construction DFWI 2Q 15 11 11 0 11

Total Existing Condos / Townhomes DFWI 2Q 15 926 926 926 0.0%

Direct Office Occupancy Rate DFWI/CoStar 2Q 15 89.6% 87.3% 85.7% 4.6%

Average Class A Office Rent / SF DFWI/CoStar 2Q 15 $28.48 $28.83 $28.88 -1.4%

Average Class B Office Rent / SF DFWI/CoStar 2Q 15 $19.78 $20.99 $20.65 -4.2%

Office Space Leased (SF, YTD) DFWI/CoStar 2Q 15 76,631 58,894 313,118 -75.5%

Net Office Absorption (SF) DFWI/CoStar 2Q 15 56,489 83,319 -14,292 495.2%

Retail Occupancy Rate DFWI/CoStar 2Q 15 94.8% 93.5% 93.7% 1.10%

Retail Trade Gross Sales TCPA 4Q 14 $60,127,429 $53,726,099 $50,455,710 19.2%

Accommodation and Food Services Sales TCPA 4Q 14 $46,768,772 $41,582,454 $41,548,887 12.6%

Full Service Restaurants Gross Sales TCPA 4Q 14 $27,637,450 $24,081,514 $32,496,859 -15.0%

Mixed Beverages Gross Sales (YTD) TABC June-15 $26,403,147 $22,608,091 $27,063,850 -2.4%

Fort Worth Business Cycle Index Federal Reserve June-15 352.1 350.8 340.1 3.5%

Transportation

T Ridership, Routes Serving CBD The T 1Q 15 1,263,949 1,383,326 1,346,245 -6.1%

TRE Ridership @ ITC The T 1Q 15 51,658 56,425 58,119 -11.1%

TRE Ridership @ T&P The T 1Q 15 44,072 46,768 44,979 -2.0%

Hospitality

Hotel Occupancy Rate (YTD) STR June-15 71.9% 73.0% 70.9% 1.4%

Average Hotel Room Rate (YTD) STR June-15 $165.96 $169.70 $162.63 2.0%

Average Hotel RevPar (YTD) STR June-15 $119.26 $123.87 $115.28 3.5%

Hotel Room Supply (YTD) STR June-15 562,224 400,452 562,342 0.0%

Hotel Room Demand (YTD) STR June-15 404,040 292,315 398,622 1.4%

Hotel Room Revenue (YTD) STR June-15 $67,053,493 $49,605,494 $64,828,084 3.4%

Total Hotel Occupancy Taxes Paid (YTD) TCPA 2Q 15 $4,082,801 $15,864,783 $4,241,858 -3.7%

Sources: STR, Smith Travel Research, TCPA, Texas Comptroller of Public Accounts, TABC, Texas Alcoholic Beverage Commission Updated July 15, 2015 Questions: Arrie@dfwi.org

May 2015

Updated July 2015

Economic Indicators Source Period Current

Period

Previous

Period

Same Period

Last Year

Change From

Same Period

Last Year

Apartment Occupancy Rate DFWI 2Q 15 97.8% 96.9% 94.6% 3.20%

Average Residential Rent DFWI 2Q 15 $1,743 $1,705 $1,670 4.4%

Average Residential Rent / SF DFWI 2Q 15 $1.69 $1.65 $1.53 10.5%

Total Existing Rental Units DFWI 2Q 15 2,166 2,166 1,886 14.8%

Rental Units Under Construction DFWI 2Q 15 164 164 280 116

Median Residential Sales Price MLS 2Q 15 $300,450 $219,150 $239,000 25.7%

Median Residential Sales Price ($/SF) MLS 2Q 15 $241 $240 $194 24.2%

Number of Condos Sold (YTD) MLS 2Q 15 32 20 47 -31.9%

Number of Condos Under Construction DFWI 2Q 15 11 11 0 11

Total Existing Condos / Townhomes DFWI 2Q 15 926 926 926 0.0%

Direct Office Occupancy Rate DFWI/CoStar 2Q 15 89.6% 87.3% 85.7% 4.6%

Average Class A Office Rent / SF DFWI/CoStar 2Q 15 $28.48 $28.83 $28.88 -1.4%

Average Class B Office Rent / SF DFWI/CoStar 2Q 15 $19.78 $20.99 $20.65 -4.2%

Office Space Leased (SF, YTD) DFWI/CoStar 2Q 15 76,631 58,894 313,118 -75.5%

Net Office Absorption (SF) DFWI/CoStar 2Q 15 56,489 83,319 -14,292 495.2%

Retail Occupancy Rate DFWI/CoStar 2Q 15 94.8% 93.5% 93.7% 1.10%

Retail Trade Gross Sales TCPA 4Q 14 $60,127,429 $53,726,099 $50,455,710 19.2%

Accommodation and Food Services Sales TCPA 4Q 14 $46,768,772 $41,582,454 $41,548,887 12.6%

Full Service Restaurants Gross Sales TCPA 4Q 14 $27,637,450 $24,081,514 $32,496,859 -15.0%

Mixed Beverages Gross Sales (YTD) TABC May-15 $22,573,612 $17,716,976 $22,737,755 -0.7%

Fort Worth Business Cycle Index Federal Reserve May-15 353.3 353.0 338.6 4.3%

Transportation

T Ridership, Routes Serving CBD The T 1Q 15 1,263,949 1,383,326 1,346,245 -6.1%

TRE Ridership @ ITC The T 1Q 15 51,658 56,425 58,119 -11.1%

TRE Ridership @ T&P The T 1Q 15 44,072 46,768 44,979 -2.0%

Hospitality

Hotel Occupancy Rate (YTD) STR May-15 73.0% 73.5% 70.6% 3.4%

Average Hotel Room Rate (YTD) STR May-15 $169.70 $169.61 $163.68 3.7%

Average Hotel RevPar (YTD) STR May-15 $123.87 $124.66 $115.48 7.3%

Hotel Room Supply (YTD) STR May-15 400,452 318,240 400,570 0.0%

Hotel Room Demand (YTD) STR May-15 292,315 233,905 282,619 3.4%

Hotel Room Revenue (YTD) STR May-15 $49,605,494 $39,671,628 $46,258,399 7.2%

Total Hotel Occupancy Taxes Paid (YTD) TCPA 2Q 15 $4,082,801 $15,864,783 $4,241,858 -3.7%

Sources: STR, Smith Travel Research, TCPA, Texas Comptroller of Public Accounts, TABC, Texas Alcoholic Beverage Commission Updated March 20, 2015 Questions: Arrie@dfwi.org

March 2015

Economic Indicators Source Period Current

Period

Previous

Period

Same Period

Last Year

Change From

Same Period

Last Year

Apartment Occupancy Rate DFWI 4Q 14 96.5% 94.9% 95.2% 1.4%

Average Residential Rent DFWI 4Q 14 $1,681 $1,706 $1,652 1.8%

Average Residential Rent / SF DFWI 4Q 14 $1.59 $1.61 $1.50 6.0%

Total Existing Rental Units DFWI 4Q 14 2,166 2,166 1,886 14.8%

Rental Units Under Construction DFWI 4Q 14 164 164 280 -41.4%

Median Residential Sales Price MLS 4Q 14 $212,450 $189,950 $171,500 23.9%

Median Residential Sales Price ($/SF) MLS 4Q 14 $169 $179 $185 -8.6%

Number of Condos Sold (YTD) MLS 4Q 14 99 79 63 57.1%

Number of Condos Under Construction DFWI 4Q 14 11 11 0 11

Total Existing Condos / Townhomes DFWI 4Q 14 926 926 926 0.0%

Direct Office Occupancy Rate DFWI/CoStar 4Q 14 86.4% 85.9% 85.2% 1.4%

Average Class A Office Rent / SF DFWI/CoStar 4Q 14 $28.74 $28.73 $29.23 -1.7%

Average Class B Office Rent / SF DFWI/CoStar 4Q 14 $20.59 $20.76 $19.38 6.2%

Office Space Leased (SF, YTD) DFWI/CoStar 4Q 14 787,492 567,182 664,255 123,237

Net Office Absorption (SF) DFWI/CoStar 4Q 14 60,850 54,967 -127,268 188,118

Retail Occupancy Rate DFWI/CoStar 4Q 14 92.7% 92.6% 92.6% 0.1%

Retail Trade Gross Sales TCPA 2Q 14 $43,572,034 $33,269,268 $24,419,339 78.4%

Accommodation and Food Services Sales TCPA 2Q 14 $45,678,561 $44,050,004 $40,871,938 11.8%

Full Service Restaurants Gross Sales TCPA 2Q 14 $26,193,928 $25,911,926 $22,743,973 15.2%

Mixed Beverages Gross Sales (YTD) TABC Jan-15 $4,559,090 $52,963,206 $4,348,749 4.8%

Fort Worth Business Cycle Index Federal Reserve Jan-15 349.9 348.1 332.5 5.2%

Transportation

T Ridership, Routes Serving CBD The T 4Q 14 1,383,326 1,447,134 1,247,645 10.9%

TRE Ridership @ ITC The T 4Q 14 56,425 60,606 52,269 8.0%

TRE Ridership @ T&P The T 4Q 14 46,768 46,824 41,153 13.6%

Hospitality

Hotel Occupancy Rate (YTD) STR Dec-14 69.0% 70.1% 67.3% 2.5%

Average Hotel Room Rate (YTD) STR Dec-14 $161.71 $162.34 $154.68 4.5%

Average Hotel RevPar (YTD) STR Dec-14 $111.54 $114.11 $104.03 7.2%

Hotel Room Supply (YTD) STR Dec-14 968,098 885,886 957,061 1.2%

Hotel Room Demand (YTD) STR Dec-14 667,764 620,902 643,708 3.7%

Hotel Room Revenue (YTD) STR Dec-14 $107,983,710 $100,999,543 $99,565,729 8.5%

Total Hotel Occupancy Taxes Paid (YTD) TCPA 3Q 14 $11,707,326 $8,290,610 $10,955,977 6.9%