Change in the Washington Region’s Labor Force: April 2017 – April 2018

In the Washington region overall, both the number of employed and unemployed residents in 2018 have changed at rates that were consistent with their 2016 and 2017 trends. However, the sub-state trends have shifted. Suburban Maryland had more unemployed residents and fewer employed residents compared to April 2017. By contrast, Northern Virginia and the District had fewer unemployed residents and more employed residents compared to last April. Altogether, this suggests that the population and workforce living in Suburban Maryland are responding to different factors than residents in the rest of the region.

Will Amazon Save the Swamp?

From Attom Data Solution, Housing Report, May 2018, Vol. 12 Issue 5 By Joel Cone The nation’s capital is eagerly awaiting the selection of a candidate that could dramatically shift its fortunes in 2019 and beyond. Many in the region are hoping that one of three candidates located in the District of Columbia and its surrounding counties will

Real Per Capita Personal Income & Regional Price Levels: 2008-2016

After adjusting for regional price levels, the per capita personal income in the Washington region was $56,670 in 2016. Of the 15 largest metros, the Washington region had the fourth highest real PCPI. The region’s real PCPI increased 1.4 percent from 2015 but has increased a total of 2.7 percent since 2008, underperforming all other large metros except Houston.

JBG Smith just launched a workforce housing initiative. It may have HQ2 in mind.

From The Washington Business Journal: JBG Smith Properties announced Wednesday that it will launch an initiative to preserve or build between 2,000 and 3,000 “affordable workforce” housing units in the D.C. region over the next decade. It’s a sign that the private sector is stepping up efforts to provide less expensive housing in a region that remains one

Region’s economy continues to grow as housing prices rise

From The Frederick News-Post: The Washington, D.C., region is doing well economically, although much of the growth is in Virginia, while home prices around the region continue to rise. A report released in late April by George Mason University’s Stephen S. Fuller Institute found that economic indicators suggest that the Washington region’s economic growth should continue