the economy the national economy
play

THE ECONOMY THE NATIONAL ECONOMY Source: Delta Associates; October - PowerPoint PPT Presentation

Mar 13, 2024 •33 likes •613 views

THE ECONOMY THE NATIONAL ECONOMY Source: Delta Associates; October 2019. AMAZON HQ2 How Will it Impact the Washington Metro Area? Source: Amazon, Delta Associates, October 2019. PAYROLL JOB GROWTH Selected Large Metro Areas | 12 Months Ending

  2. THE ECONOMY

  3. THE NATIONAL ECONOMY Source: Delta Associates; October 2019.

  4. AMAZON HQ2 How Will it Impact the Washington Metro Area? Source: Amazon, Delta Associates, October 2019.

  5. PAYROLL JOB GROWTH Selected Large Metro Areas | 12 Months Ending August 2019 140 120 PAY R O L L J O B S ( T H O U S A N D S ) 100 80 60 40 33.6 20 0 NY DFW Hou LA Basin Phx Atl Bos Was Den Source: Bureau of Labor Statistics, Delta Associates; October 2019.

  6. UNEMPLOYMENT RATE * Selected Large Metro Areas | July 2018 vs. July 2019 July 2018 July 2019 6% National Rate 5% 4.1% 4% 4.0% 3% 2% 1% 0% Bos Den SF Bay Was DFW S Fla Atl NY Hou Chi LA Phx YoY Basis Point ∆ -70 -50 0 -30 -40 -50 -40 -50 -10 -10 +50 -20 Source: Bureau of Labor Statistics, Delta Associates; October 2019. *Not seasonally adjusted .

  7. PROJECTED JOB GROWTH Washington Metro Area | 2000 - 2021 140 120 PAY R O L L J O B S ( T H O U S A N D S ) 3-Year Projected 100 20-Year Annual Average = 41,400/Year Average = 27,800/Year 80 60 40 20 0 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 -20 -40 -60 District Sub. MD No. Virginia Source: Bureau of Labor Statistics, George Mason University Center for Regional Analysis, Delta Associates; October 2019.

  8. PAYROLL JOB GROWTH Washington Metro Area | 12 Months Ending August 2019 Lei eisur sure/ e/Hospi spitality Profes essiona nal/Busi usines ness S s Ser ervices es Educa ducation/ n/Hea ealth Other S r Serv rvic ices 43, 43,700 700 Cons nstruct uction/Mini ning ng State a e and L nd Loca cal Go Gover ernm nment ent Tra ransport rtation on/U /Util ilit itie ies Feder Fe deral G Gover ernm nment ent Manuf nufactur uring ng Who holesa esale T e Trade de -10, 10,100 100 Inform ormation ion Fina Fi nanci ncial Act Activities Reta tail Tr Trad ade -10, 10,000 00 -6, 6,00 000 -2, 2,00 000 2,000 2, 000 6,000 6, 000 10,000 10, 000 14, 14,000 000 18, 18,000 000 J O B C H A N G E Source: Bureau of Labor Statistics, Delta Associates; October 2019.

  9. PAYROLL JOB GROWTH Washington Metro Area | 12 Months Ending August 2019 Lei eisur sure/ e/Hospi spitality Profes essiona nal/Busi usines ness S s Ser ervices es Educa ducation/ n/Hea ealth Other S r Serv rvic ices 43, 43,700 700 Cons nstruct uction/Mini ning ng State a e and L nd Loca cal Go Gover ernm nment ent Tra ransport rtation on/U /Util ilit itie ies Feder Fe deral G Gover ernm nment ent Manuf nufactur uring ng Who holesa esale T e Trade de -10, 10,100 100 Inform ormation ion Fina Fi nanci ncial Act Activities Reta tail Tr Trad ade -10, 10,000 00 -6, 6,00 000 -2, 2,00 000 2,000 2, 000 6,000 6, 000 10,000 10, 000 14, 14,000 000 18, 18,000 000 J O B C H A N G E Source: Bureau of Labor Statistics, Delta Associates; October 2019.

  10. PAYROLL JOB GROWTH Washington Metro Area | 12 Months Ending August 2019 Lei eisur sure/ e/Hospi spitality Profes essiona nal/Busi usines ness S s Ser ervices es Educa ducation/ n/Hea ealth Other S r Serv rvic ices 43, 43,700 700 Cons nstruct uction/Mini ning ng State a e and L nd Loca cal Go Gover ernm nment ent Tra ransport rtation on/U /Util ilit itie ies Feder Fe deral G Gover ernm nment ent Manuf nufactur uring ng Who holesa esale T e Trade de -10, 10,100 100 Inform ormation ion Fina Fi nanci ncial Act Activities Reta tail Tr Trad ade -10, 10,000 00 -6, 6,00 000 -2, 2,00 000 2,000 2, 000 6,000 6, 000 10,000 10, 000 14, 14,000 000 18, 18,000 000 J O B C H A N G E Source: Bureau of Labor Statistics, Delta Associates; October 2019.

  11. THE WASHINGTON METRO AREA APARTMENT MARKET

  12. LARGEST APARTMENT MARKETS Selected Metro Areas | 2017 3,000 2,500 U N I T S ( T H O U S A N D S ) 2,000 1,500 1,000 565 500 0 NY LA Basin Chi SF Bay DFW Hou Wash So FL Bos Atl Source: U.S. Census Bureau, Delta Associates; October 2019.

  13. CLASS A APARTMENT ABSORPTION Washington Metro Area | 2006 - 2019 Annual Average Average Since 2014 = 10,502 ~ 9,000 Long-Term Average = 7,334 16,000 M A R K E T - R AT E U N I T S 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 06 07 08 09 10 11 12 13 14 15 16 17 18 19* 20 21 22 *12 months ending September 2019. Source: Delta Associates; October 2019.

  14. CLASS A APARTMENT ABSORPTION Top 10 Submarkets in Washington Metro Area | 12 Months Ending September 2019 1,400 The District No VA Sub MD 1,200 1,000 800 U N I T S 600 400 200 0 Source: Delta Associates; October 2019.

  15. ABSORPTION PACE Class A Projects in Initial Lease-Up | Washington Metro Area 20 85 Absorption Pace Number of Projects U N I T S P E R P R O J E C T P E R M O N T H 18 75 16 N U M B E R O F P R O J E C T S I N A C T I V E L E A S E U P 65 14 12 55 10 45 8 6 35 4 25 2 0 15 9/12 9/13 9/14 9/15 9/16 9/17 9/18 9/19 Source: Delta Associates; October 2019.

  16. STABILIZED APARTMENT VACANCY RATES Major Apartment Markets | Second Quarter 2019 National Vacancy Rate = 4.7% 6% VA C A N C Y R AT E ( A L L C L A S S E S ) 4.8% 5% 4% 3% 2% 1% 0% LA Balt Phi NY Phx Wash Atl Chi DFW Hou Source: REIS, Delta Associates; October 2019.

  17. ANNUAL EFFECTIVE RENT GROWTH Class A Apartments | Washington Metro Area | 2006 - 2019 10% 8% Long-Term Average Rent Growth = 3.9% 6% 4% 2.8% 2% 0% -2% -4% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019* *12 months ending September 2019. Source: Delta Associates; October 2019.

  18. PROJECTS CURRENTLY UNDER CONSTRUCTION District of Columbia In Lease-up Not Yet Leasing Source: Delta Associates; October 2019.

  19. APARTMENT DELIVERIES Washington Metro Area | 2016 - 2019 4,000 The District Sub MD No VA Class A Quarterly Absorption = 2,480 3,000 M A R K E T - R AT E U N I T S C L A S S A 2,000 1,000 0 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2016 2017 2018 2019 Source: Delta Associates; October 2019.

  20. 36-MONTH APARTMENT DEVELOPMENT PIPELINE* Washington Metro Area | 2006 - 2019 45,000 40,000 35,000 M A R K E T - R AT E U N I T S 30,000 25,000 20,000 15,000 10,000 5,000 0 *Market-Rate Units Planned and Under Construction After Attrition . Source: Delta Associates; October 2019. **As of Third Quarter.

  21. APARTMENTS UNDER CONSTRUCTION IN OPPORTUNITY ZONES Washington Metro Area | Third Quarter 2019 2,500 2,000 M A R K E T - R AT E U N I T S 1,500 1,000 500 0 District of Columbia Prince George's Montgomery Prince William Source: Delta Associates; October 2019.

  22. SHARE OF APARTMENTS U/C IN OPPORTUNITY ZONES Washington Metro Area Non-Opportunity Zone Opportunity Zone 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Prince George's Prince William District of Columbia Montgomery Source: Delta Associates; October 2019.

  23. PROJECTED DELIVERIES Washington Metro Area | 2019 - 2021 The District Sub MD No VA 7,000 6,000 M A R K E T - R AT E U N I T S 5,000 Class A Projected Quarterly Absorption = 2,250 C L A S S A 4,000 3,000 2,000 1,000 0 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2019 2020 2021 Source: Delta Associates; October 2019.

  24. 36-MONTH APARTMENT DEVELOPMENT PIPELINE* Top 10 Submarkets in Washington Metro Area | Third Quarter 2019 8,000 The District No VA Sub MD 7,000 M A R K E T - R AT E U N I T S 6,000 C L A S S A 5,000 4,000 3,000 2,000 1,000 0 *Market-Rate Units Planned and Under Construction After Attrition . Source: Delta Associates; October 2019.

  25. DEMAND AND SUPPLY PROJECTIONS Washington Metro Area Class A Apartments | 36 Months Ending September 2022 18 DEMAND MARKET-RATE UNITS (THOUSANDS) 16 Net Absorption: 14 9,000/Year = 27,000 12 SUPPLY 10 Planned and may 8 deliver by 9/22: 6 4,475 units 1 4 Under construction: 34,276 units 2 2 Total = 38,751 units 0 No VA Sub MD The District 1 Probable supply after projected attrition. 2 Includes unleased units at projects in lease-up . 4.5% 4.1% 5.0% Projected Stabilized Vacancy % at September 2022 4.5% Metro-Wide Source: Delta Associates; October 2019.

  26. ANNUAL CLASS A APARTMENT EFFECTIVE RENT GROWTH Washington Metro Area | 2006 - 2022 10% Long-Term Average = 3.9% 8% 6% 4% 2% 0% -2% -4% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019* 2020 2021 2022 Source: Delta Associates; October 2019. * Annual rent growth at Second Quarter 2019 is 2.8%.

  27. THE BALTIMORE METRO AREA APARTMENT MARKET

  28. CLASS A APARTMENT ABSORPTION Baltimore Metro Area | 2010 - 2022 4,000 3,500 Annual Average M A R K E T - R AT E U N I T S 10-Year Average = 2,103 ~ 2,067 3,000 2,398 2,500 2,000 1,500 1,000 500 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019* 2020 - 2022 *12 months ending September 2019. Source: Delta Associates; October 2019.

Download Presentation
Download Policy: The content available on the website is offered to you 'AS IS' for your personal information and use only. It cannot be commercialized, licensed, or distributed on other websites without prior consent from the author. To download a presentation, simply click this link. If you encounter any difficulties during the download process, it's possible that the publisher has removed the file from their server.

Recommend

THE NATIONAL ECONOMY THE NATIONAL ECONOMY Source: National Association of Realtors, Delta

THE NATIONAL ECONOMY THE NATIONAL ECONOMY Source: National Association of Realtors, Delta

THE NATIONAL ECONOMY THE NATIONAL ECONOMY Source: National Association of Realtors, Delta Associates; October 2015. THE REGIONAL ECONOMY PAYROLL JOB GROWTH Selected Large Metro Areas | 12 Months Ending July 2015 250 T H O U S A N D S O F N

835 views • 82 slides
What is a Mori enterprise? Economy An economy is a system Mori economy is What is an

What is a Mori enterprise? Economy An economy is a system Mori economy is What is an

What is a Mori enterprise? Economy An economy is a system Mori economy is What is an of actors (organisations, highly integrated economy? institutions, individuals withy the New etc) which interacts to Zealand economy produce

287 views • 16 slides
The global economy The global economy is currently in a state of Secular Stagnation. This

The global economy The global economy is currently in a state of Secular Stagnation. This

23/02/2016 How can the NI economy become more competitive in the 21st century global economy? Rob Gilles Professor of Economics Management School Queens University of Belfast The global economy The global economy is currently in a

370 views • 5 slides
January 29, 2013 I. National Economy II. Atlanta Economy III. Market Update IV. Ackerman

January 29, 2013 I. National Economy II. Atlanta Economy III. Market Update IV. Ackerman

January 29, 2013 I. National Economy II. Atlanta Economy III. Market Update IV. Ackerman & Co. Update V. Conclusions NATIONAL ECONOMY Recovery (GDP Percentage Change) 6 1Q 2008 3Q 2009 E R 4 2 0 -2 Total loss in -4 GDP

1.65k views • 145 slides
CROWE Wisconsin and the National Economy CROWE and the Wisconsin Economy Noah Williams

CROWE Wisconsin and the National Economy CROWE and the Wisconsin Economy Noah Williams

CROWE Wisconsin and the National Economy CROWE and the Wisconsin Economy Noah Williams University of Wisconsin-Madison Center for Research On the Wisconsin Economy (CROWE) https://crowe.wisc.edu CROWE Wisconsin and the National Economy

216 views • 20 slides
THE NATIONAL ECONOMY DISRUPTIVE EPIDEMICS AND THE U.S. ECONOMY U.S. Annual GDP Growth and

THE NATIONAL ECONOMY DISRUPTIVE EPIDEMICS AND THE U.S. ECONOMY U.S. Annual GDP Growth and

THE NATIONAL ECONOMY DISRUPTIVE EPIDEMICS AND THE U.S. ECONOMY U.S. Annual GDP Growth and Epidemic Deaths 1910 - 2020 20% Polio (1916) 7,000 deaths Polio (1946-52) London Flu (1972-73) 7,710 deaths 1,072 deaths 15% Swine Flu SARS

955 views • 56 slides
CIRCULAR ECONOMY c Closing the Loop for apparel & footwear Circular Economy - Marina

CIRCULAR ECONOMY c Closing the Loop for apparel & footwear Circular Economy - Marina

CIRCULAR ECONOMY c Closing the Loop for apparel & footwear Circular Economy - Marina Chahboune 14.10.2017 1 Definition What is Circular Economy?? The current so called linear economy (throwaway economy) is based on depleting

1.17k views • 44 slides
Economy Closing the loop An EU Action Plan for the Circular Economy Circular Economy: a

Economy Closing the loop An EU Action Plan for the Circular Economy Circular Economy: a

Circular Economy Closing the loop An EU Action Plan for the Circular Economy Circular Economy: a priority Jobs, Protecting Growth and the environment Investment and boosting Democratic competitiveness Energy Union Change, and

462 views • 13 slides
European Social Economy Regions 2019 1 What is Social Economy ? Social economy is an

European Social Economy Regions 2019 1 What is Social Economy ? Social economy is an

European Social Economy Regions 2019 1 What is Social Economy ? Social economy is an important part of the European socio-economic model. It includes a large variety of stakeholders such as cooperatives, foundations, social

668 views • 14 slides
Collaborative/Sharing Economy 1 7 T H N O V E M B E R 2 0 1 6 M E I B What is the sharing

Collaborative/Sharing Economy 1 7 T H N O V E M B E R 2 0 1 6 M E I B What is the sharing

Collaborative/Sharing Economy 1 7 T H N O V E M B E R 2 0 1 6 M E I B What is the sharing Economy? Is there an accepted definition of the model? Who are the actors? What role national authorities shall adopt? Shall the EU take

488 views • 31 slides
ENVIRO ENVIRONMENT O NMENT OR ECONOMY R ECONOMY Duh. You cant have one without destroying

ENVIRO ENVIRONMENT O NMENT OR ECONOMY R ECONOMY Duh. You cant have one without destroying

ENVIRO ENVIRONMENT O NMENT OR ECONOMY R ECONOMY Duh. You cant have one without destroying the other. Evironment or Economy ENVIRO ENVIRONMENT O NMENT OR ECONOMY R ECONOMY For decades, Arizonas Sun Corridor has exploded in

499 views • 26 slides
FROM LINEAR ECONOMY to CIRCULAR ECONOMY: necessity of a better (new) projectual approach Antimo Di

FROM LINEAR ECONOMY to CIRCULAR ECONOMY: necessity of a better (new) projectual approach Antimo Di

PROJECTS PRODUCTS WASTE, COMPLEX WASTE FROM LINEAR ECONOMY to CIRCULAR ECONOMY: necessity of a better (new) projectual approach Antimo Di Martino environment and sustanibility advisor 1 1 FROM LINEAR ECONOMY to CIRCOLAR ECONOMY

1.06k views • 16 slides
Laurne Descamps, Circular Economy Transition / Impact Hub Zrich What Is Circular Economy A

Laurne Descamps, Circular Economy Transition / Impact Hub Zrich What Is Circular Economy A

Circular Economy & Digitalisation - 8.05.2020 Laurne Descamps, Circular Economy Transition / Impact Hub Zrich What Is Circular Economy A Circular economy is a powerful method consisting of principles and activities that aims to retain

752 views • 27 slides
Green Economy: Low carbon economy Presented by Dana A. Kartakusuma Assistant Minister Economy

Green Economy: Low carbon economy Presented by Dana A. Kartakusuma Assistant Minister Economy

Paving the way to Green Economy: Low carbon economy Presented by Dana A. Kartakusuma Assistant Minister Economy and Sustainable Development Ministry of Environment, INDONESIA Green Jobs Asia Project Foundation Training Jakarta, Indonesia

492 views • 34 slides
LCR Visitor Economy Members Meeting How to ensure our Visitor Economy Continues to Grow Sara

LCR Visitor Economy Members Meeting How to ensure our Visitor Economy Continues to Grow Sara

LCR Visitor Economy Members Meeting How to ensure our Visitor Economy Continues to Grow Sara Wilde McKeown Chair of LCR Visitor Economy Network 19 th October 2016 Performance Update 2015 worth of the Visitor Economy to the Liverpool City

413 views • 13 slides
Circular Economy Closing the loop An EU Action Plan for the Circular Economy Circular

Circular Economy Closing the loop An EU Action Plan for the Circular Economy Circular

Circular Economy Closing the loop An EU Action Plan for the Circular Economy Circular Economy: an EU priority Jobs, Protecting Growth and the environment Investment and boosting competitiveness Democratic Energy Union Change,

702 views • 24 slides
3 NUMBERS Presented by: William C. Throne, CCIM, SIOR, ALC 2009 ODU / CREED 2009 ODU / CREED

3 NUMBERS Presented by: William C. Throne, CCIM, SIOR, ALC 2009 ODU / CREED 2009 ODU / CREED

3/10/2010 2009 ODU / CREED 2009 ODU / CREED INDUSTRIAL REVIEW INDUSTRIAL REVIEW 3 NUMBERS Presented by: William C. Throne, CCIM, SIOR, ALC 2009 ODU / CREED 2009 ODU / CREED INDUSTRIAL REVIEW INDUSTRIAL REVIEW First Number: First

462 views • 7 slides
stable vacancy clusters in diamond lattice Istvan Laszlo Budapest University of Technology ,

stable vacancy clusters in diamond lattice Istvan Laszlo Budapest University of Technology ,

An algorithm for determining the most stable vacancy clusters in diamond lattice Istvan Laszlo Budapest University of Technology , Budapest Miklos Kertesz and Brad Slepetz Department of Chemistry, Georgetown University, Washington, DC, USA -

522 views • 51 slides
Quicksort [4] In the last class Recursive Procedures Proving Correctness of Recursive

Quicksort [4] In the last class Recursive Procedures Proving Correctness of Recursive

Algorithm : Design & Analysis Quicksort [4] In the last class Recursive Procedures Proving Correctness of Recursive Procedures Deriving recurrence equations Solution of the Recurrence equations Guess and proving

615 views • 38 slides
Finding Negative Vacancy Formation Energies in Amorphous Silicon By Mack Cleveland Department

Finding Negative Vacancy Formation Energies in Amorphous Silicon By Mack Cleveland Department

Finding Negative Vacancy Formation Energies in Amorphous Silicon By Mack Cleveland Department of Materials Science and Engineering, Texas A&M University, College Station, Texas 77843 Collaborators: Dr. Michael Demkowicz Dr Peng Chen

389 views • 10 slides
C: Hashmaps SWEN-250 Personal Software Engineering Starting this week the slides will have notes

C: Hashmaps SWEN-250 Personal Software Engineering Starting this week the slides will have notes

C: Hashmaps SWEN-250 Personal Software Engineering Starting this week the slides will have notes associated with them. Since I'm not giving lectures live these notes are what I would say to you if we were in class. I'll try not to put anything

637 views • 12 slides
Interpre'ng and that can refer to integer arguments. Compiling Intex Intex is the first in a

Interpre'ng and that can refer to integer arguments. Compiling Intex Intex is the first in a

A New Mini-Language: Intex Intex programs are simple arithme'c expressions on integers Interpre'ng and that can refer to integer arguments. Compiling Intex Intex is the first in a sequence of mini-languages that can be extended to culminate in

224 views • 5 slides
Chapter 11: Indexing and Hashing Basic Concepts Ordered Indices B + -Tree Index Files

Chapter 11: Indexing and Hashing Basic Concepts Ordered Indices B + -Tree Index Files

' $ Chapter 11: Indexing and Hashing Basic Concepts Ordered Indices B + -Tree Index Files B-Tree Index Files Static Hashing Dynamic Hashing Comparison of Ordered Indexing and Hashing Index Definition in SQL

635 views • 29 slides
Truth value judgments vs. validity judgments Elizabeth Coppock SCAS, Uppsala University &

Truth value judgments vs. validity judgments Elizabeth Coppock SCAS, Uppsala University &

Introduction Theories Truth value judgments Validity judgments References Truth value judgments vs. validity judgments Elizabeth Coppock SCAS, Uppsala University & University of Gothenburg Texas Linguistics Society 2014 1/56

1.1k views • 72 slides

More recommend