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Economic Trends and Commercial Construction Indicators for Metropolitan Washington

Economic Trends and Commercial Construction Indicators for Metropolitan Washington. Cooperative Forecasting and Data Subcommittee September 9, 2004. Department of Human Services, Planning and Public Safety. Economic Trends in Metropolitan Washington 1999 – 2003. Population Employment

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Economic Trends and Commercial Construction Indicators for Metropolitan Washington

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  1. Economic Trends and Commercial Construction Indicators for Metropolitan Washington Cooperative Forecasting and Data Subcommittee September 9, 2004 Department of Human Services, Planning and Public Safety

  2. Economic Trends in Metropolitan Washington 1999 – 2003 • Population • Employment • Labor Force • Construction • Mortgage Rates, Home Sales, and Housing-Related Inflation • Inflation • Income • Retail Sales • Airline Passengers

  3. Economic Trends 1999 – 2003Percent Population Changein the Washington Region

  4. Economic Trends 1999 – 2003At-Place Employment in the Washington Region

  5. Economic Trends 1999 – 2003Annual Unemployment Rate

  6. Economic Trends 1999 - 2003Net Home Sales in the Washington Region

  7. Economic Trends 1999 - 2003Housing Units Authorized in the Washington Region

  8. Economic Trends 1999 – 2003AnnualPer Capita Income, 2002 a/ Data for the Cities of Fairfax and Falls Church are included in Fairfax County. b/ Data for the Cities of Manassas and Manassas Park are included in Prince William County.

  9. Commercial Construction Indicators2003 • 524 Projects • 31.1 Million Square Feet • $3.6 Billion Estimated Value

  10. Commercial Construction Starts 1980 to 2003 Total Square Feet

  11. Commercial Construction 2003 Square Feet by Structure Type

  12. Commercial Construction 2003 Total Square Feet by Ownership Type

  13. Commercial Construction 2003 Total Square Feet by Structure Type and State Group

  14. Commercial Construction 2003 Total Square Feet by Jurisdictional Group

  15. Commercial Construction 2003 Total Square Feet by Metrorail and Commuter Station Areas

  16. Commercial Construction in Regional Activity Centers and Clusters 43% in Regional Activity Centers 55% in Regional Activity Clusters

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