Washington Metro Area Economy and Office Market - 3Q18

The Washington metro area sustained its pace of growth through the second quarter while office metrics continued to improve. For the 12 months ending in May, the region added 41,300 jobs, down slightly from the 2017 annual average of 50,900 jobs per annum but on par with the metro area's 20-year average growth of 43,300 jobs per annum. The Washington Leading and Coincident indices maintained their positive trajectory, indicating the current pace of economic growth is likely to continue through 2019.

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