Anne Arundel Economic Development Releases Q4 Economic Indicators

« October Will Be “Defining Moment” for Staff Transfers to Fort Meade

Federal Stimulus Funds Put to Work on Four Local Housing Projects »

Anne Arundel Economic Development Releases Q4 Economic Indicators

April 29th, 2009 | Author: chris

ANNAPOLIS – Numbers are generally down, but not as bad as other places, according to a quarterly review of economic indicators. In AAEDC’s report of Q4 2008 vs. Q4 2007:

67.6 percent decrease in new commercial building permits issued, but a 23.3 percent increase in value of all commercial permits issued

8.9 percent decrease in home prices that averaged $373,780; national comparison is 12.4 percent

7.5 percent decrease in passenger traffic at BWI (4.8 million total)

.4 percent decrease in office vacancy rate (12.2 percent vs 12.6 percent); national comparison is 14.7 percent

4.5 percent unemployment, up from 3 percent and much lower than 6.9 percent nationwide.

See full story

Posted in gov't-quasi gov't

« October Will Be “Defining Moment” for Staff Transfers to Fort Meade

Federal Stimulus Funds Put to Work on Four Local Housing Projects »

Anne Arundel Economic Development Releases Q4 Economic Indicators

Leave a Reply