1. 1 Economic Trends and Commercial Construction Indicators for Metropolitan Washington Cooperative Forecasting and Data Subcommittee Meeting July 15, 2003 Department of Human Services, Planning and Public Safety

2. 2 Economic Trends in Metropolitan Washington 1998 – 2002 Population Employment Federal Spending Labor Force Construction Mortgage Rates, Home Sales, and Housing–Related Inflation Inflation Income Retail Sales Airline Passengers

3. 3 Economic Trends 1998 – 2002 Percent Population Change in the Washington Region

4. 4 Economic Trends 1998 – 2002 At-Place Employment in the Washington Region *2002 Figures for Maryland and Virginia are estimates based on the first three quarters

5. 5 Economic Trends 1998 – 2002 Federal Spending for Selected Categories, FY 2002

6. 6 Economic Trends 1998 – 2002 Annual Unemployment Rate

7. 7 Economic Trends 1998 - 2002 Net Home Sales in the Washington Region

8. 8 Economic Trends 1998 – 2002 Annual Per Capita Income, 2001 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. 9 Commercial Construction Indicators 2002 510 Projects 33.6 Million Square Feet $3.7 Billion Estimated Value

10. 10 Commercial Construction Starts 1980 to 2002 Total Square Feet

11. 11 Commercial Construction 2002 Square Feet by Structure Type

12. 12 Commercial Construction 2002 Total Square Feet by Ownership Type

13. 13 Commercial Construction 2002 Total Square Feet by Structure Type and State Group

14. 14 Commercial Construction 2002 Total Square Feet by Jurisdictional Group

15. 15 Commercial Construction 2002 Total Square Feet by Metrorail and Commuter Station Areas

16. 16 Commercial Construction in Regional Activity Centers and Clusters 46% in Regional Activity Centers 54% in Regional Activity Clusters