Malpass on the Boom in Washington

http://www.futureofcapitalism.com/2011/02/malpass-on-the-boom-in-washington

From the latest wire from David Malpass of Encima Global and Grow Pac : "Washington DC area payrolls have grown 3.2% in the last year. That's the fastest rate since the Clinton boom and almost triple the 1.2% growth in nationwide private sector payrolls....Similarly, Washington's residential and commercial real estate are substantially outperforming the national average. In the most recent Case-Shiller index, home prices showed a 4.0% increase in prices year-over-year versus a 2.4% decline for the 20-city average."

by Editor  |  Feb 25, 2011 at 2:31 pm Related Topics:  Housing receive the latest by email: subscribe to the free futureofcapitalism.com mailing list