Washington, DC-VA-MD-WV, Division Economic Summary Updated May 31, 2017 This summary presents a sampling of economic information for the area; supplemental data are provided for regions and the nation. Subjects include unemployment, employment, wages, prices, spending, and benefits. All data are not seasonally adjusted and some may be subject to revision. Area definitions may differ by subject. For more area summaries and geographic definitions, see www.bls.gov/regions/economic-summaries.htm. Unemployment rates for the Washington division, selected area counties, and the nation Average weekly wages for all industries by county Washington division, 3rd quarter 2016 (U.S. = $1,027; Area = $1,397) Unemployment rates 4.7 United States 4.1 3.6 Washington division 3.6 2.6 Alexandria city, VA 2.8 2.3 Arlington Co., VA 2.4 5.4 District of Columbia 5.4 2.8 Loudoun Co., VA 2.9 0.0 2.0 4.0 Apr-16 6.0 Apr-17 Source: U.S. BLS, Local Area Unemployment Statistics. Source: U.S. BLS, Quarterly Census of Employment and Wages. Over-the-year changes in employment on nonfarm payrolls and employment by major industry sector 12-month percent changes in employment Washington division employment (numbers in thousands) Percent 3.0 2.5 2.0 1.5 1.0 0.5 0.0 Apr-14 Washington division Apr-15 United States Apr-16 Source: U.S. BLS, Current Employment Statistics. Apr-17 Total nonfarm Mining, logging, and construction Manufacturing Trade, transportation, and utilities Information Financial activities Professional and business services Education and health services Leisure and hospitality Other services Government Change from Apr. Apr. 2017 2016 to Apr. 2017 Number Percent 28.4 0.5 -0.2 4.3 -3.1 -0.9 8.3 5.3 10.9 -0.1 3.4 1.1 0.4 -0.5 1.3 -5.1 -0.8 1.4 1.5 4.1 -0.1 0.6 2,664.3 123.0 36.2 327.7 57.8 116.6 618.0 354.6 275.0 166.0 589.4 Source: U.S. BLS, Current Employment Statistics. • www.bls.gov/ro6 Over-the-year changes in the selling prices received by producers for selected industries nationwide Over-the-year change in the prices paid by urban consumers for selected categories 12-month percent change in CPI-U, March 2017 12.0 10.9 10.9 2.0 Washington-Baltimore area U.S. city average 1.0 6.0 0.0 4.0 2.0 0.0 General freight trucking Hospitals Publishing industries, except Internet 3.0 10.0 8.0 12-month percent changes in PPI Percent 4.0 -1.0 2.4 1.3 0.1 All Items -2.0 0.5 Food -3.0 Energy -4.0 Apr-14 Source: U.S. BLS, Consumer Price Index. Average annual spending and percent distribution for selected categories Washington, DC average annual expenditures 2014-15 Apr-15 Healthcare $5,556 6.8% Personal insurance & pensions $10,532 13.0% Food $7,840 9.6% Transportation $12,744 15.7% Total: $81,293 Employer costs per hour worked for wages and selected employee benefits by geographic division Total compensation Wages and salaries Total benefits Paid leave Vacation Supplemental pay Insurance Retirement and savings Legally required benefits United States $33.12 $23.86 Lawyers 83.56 67.25 Political scientists 57.68 53.97 Computer systems analysts 49.39 44.05 Statisticians 48.14 40.94 Budget analysts 45.70 37.10 Public relations specialists 45.05 31.99 Accountants and auditors 43.80 36.89 Editors 40.12 31.77 Registered nurses 37.73 34.70 Construction laborers 16.82 18.22 Retail salespersons 12.88 13.07 Cooks, fast food 10.34 9.89 Source: U.S. BLS, Occupational Employment Statistics, May 2015. Source: U.S. BLS, Consumer Expenditure Survey. Private industry, December 2016 Washington division Total, all occupations Housing $29,753 36.6% Apr-17 Average hourly wages for selected occupations Occupation All other $14,868 18.3% Apr-16 Source: U.S. BLS, Producer Price Index. South Atlantic (1) $30.90 21.81 9.09 2.23 1.15 0.83 2.44 1.28 2.31 (1) South Atlantic includes DC, DE, FL, GA, MD, NC, SC, VA, and WV. Source: U.S. BLS, Employer Costs for Employee Compensation. United States $32.76 22.83 9.93 2.28 1.17 1.15 2.63 1.31 2.56 Over-the-year changes in wages and salaries Percent 3.0 12-month percent changes in ECI 2.5 2.0 1.5 1.0 0.5 0.0 Mar-14 Washington area Mar-15 United States Mar-16 Source: U.S. BLS, Employment Cost Index. Mid-Atlantic Information Office • [email protected] • https://www.bls.gov/regions/mid-atlantic • 215-597-3282 Mar-17
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