The 411 on 202

Written by on March 24, 2011

D.C. Economic Indicators*

Labor & Industry

  • Jobs in D.C. for December 2010, up 22,100 (3.1%) from December 2009
  • District resident employment for December 2010, up 6,900 (2.4%) from December 2009

People & Economy

  • D.C. unemployment rate for December: 9.7%, down 0.1% from last month and 2.2% lower than 1 year ago
  • The share of filers with incomes less than $50,000 declined 1.8% between 2007 and 2008, while the share of filers with income $100,000 and over increased by 3% over the same period.

 Housing & Office Space

  • There were 160 condos sold in December 2010, up 1.9% from 1 year ago.
  • The year to date median price increased 2.9% from 1 year ago for single family homes, and condos experienced an increase of 4.0% in the year to date median price
  • In the 4th quarter of 2010 vacant commercial office space decreased by 0.7 million square feet from that of the 3rd quarter of 2010.

 

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

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