Washington Metro Area Office Market Report - 1Q18

The Washington metro area's economic growth continued to moderate in early 2018, while office metrics continued to improve. For the 12 months ending in January, the region added 43,800 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 have also started to moderate, suggesting that the current slower pace of growth will carry into the first half of 2018.

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