The Center for Regional Analysis routinely updates data that provide a greater understanding of what drives the Greater Washington regional economy.
DC Region Population Estimates and Components, 2016 – 2017
The Washington DC Metro area sees the fourth straight year of net-domestic outmigration.
2016 GDP Growth in the Washington DC Metropolitan Area and Commonwealth of Virginia
The Washington DC Metropolitan Area Continues to Show Lackluster Economic Growth The US Bureau of Economic Analysis released data on 2016 Gross Domestic Product by Metropolitan Area. In 2016, the Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Statistical Area (Hence forth, the Washington Metro Area) had a $449.3 billion economy. This represents an increase of 1.1 percent over the […]
GO Virginia Region 7 Plan
The Growth and Diversification Plan outlines the types of programs best poised to create jobs throughout the Northern Virginia Region. Read the Plan
March Regional Housing Update – Price Gains and Increased Sales
The housing market in the Washington metro area continues to tighten as median sales price is highest March level of the decade, sales and pending sales are at decade highs, and inventory levels decline for the eleventh month in a row March 2017’s median sales price of $420,00 was up 5.3% or $21,000 compared to last year. […]
National Unemployment Lowest in 10 Years, Employment up Slightly
National employment situation numbers released this morning show payroll employment increasing by only 98,000 and the unemployment rate decreasing 0.2 percentage points to 4.5 percent. The professional and business services sector saw the largest growth at an additional 56,000 jobs and for the second straight month, retail trade lost nearly 30,000. Total employment is up 2.18 million […]
Washington Area Job Growth Remains Stable
New metropolitan area employment and unemployment numbers released today show continued job growth for the Washington region with 18,300 jobs added in February. This is an increase of 62,400 jobs over February 2016, with the sectors of Professional & Business Services and Leisure & Hospitality leading the pack. The unemployment rate remains constant at 3.9 […]
