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D.C. Economic Indicators*

Labor & Industry
• Jobs in D.C. for October 2011, up 600 (0.1%) from October 2010
• District resident employment for October 2011, down 1,100 (0.4%) from October 2010

People & Economy
• D.C. unemployment rate for October: 11.0%, down 0.2% from last month & 1.3% higher than 1 year ago
• The conventional home mortgage rate decreased in October 2011 to 4.07% from 4.11% in September 2011

Housing & Office Space
• There were 245 condos sold in October 2011, a 15.6% increase from 1 year ago
• The year to date median price increased 9.8% from 1 year ago for single family homes, and condos experienced a decrease of 2.1% in the year to date median price
• In the 3rdquarter of 2011 vacant commercial office space increased by 0.2 million square feet from that of the 2nd quarter of 2011

*DC Office of Revenue Analysis, December 2011 DC Economic Indicators