Economic Indicators, Q2 2010 | Prince William County, Virginia

Economic Indicators, Q2, 2010.

PWC Economic Indicators
	2Q2010	2Q2009	% Change
PWC Population	398,183	392,900	1.34

	May 2010	May 2009	% Change
Civilian Labor Force	212,199	206,912	2.6
Employed	199,983	195,242	2.4
Unemployment
PWC	5.8%	5.6%	0.2
Virginia	6.9%	7.0%	-0.1
U.S.	9.3%	9.1%	0.2

	4Q2009	4Q2008	% Change
At-place Employment	103,411	103,617	-0.2

	1Q2010-2Q2010	1Q2010-2Q2010	% Change
New Jobs (year, cumulative)	1065	1077	-1.1

	2Q2010	2Q2009	% Change
New Jobs (quarter)	603	589	2.4

	2Q2010	2Q2009	% Change
Direct Vacancy	12.9%	12.1%	0.8
Office	15.5%	14.5%	1.0
Flex	17.3%	18.0	-0.7
Industrial	10.0%	8.6%	1.4

	2Q2010	2Q2009	% Change
New Commercial Construction by Type (sq. ft.)
Office	0	26,092	-100
Industrial	0	58,473	-100
Retail	0	27,799	-100
Total New Commercial Construction all Types	0	462,652	-100

	2Q2010	2Q2009	% Change
New Construction Residential Value
Single Family	$49,073,832	$57,482,000	-14.6
Townhouse	$16,400,000	$10,935,000	50.0

	2Q2010	2Q2009	% Change
New Construction Cost Average
Single Family	$172,188	$157,054.64	9.6
Townhouse	$140,171	$128,647.06	9.0

	2010	2009	% Change
Assessed Landbook Values
Total Residential	$31,709,558,600	$31,549,597,600	0.5
Commercial & Industrial	$5,707,275,300	$6,676,770,600	-14.5
Total Property Assessment	$$37,959,328,700	$38,440,804,300	-2.2

National Economic Indicators

	1Q2010	1Q2009	% Change
Gross Domestic Product	2.7	-1.0	3.7

Phildelphia Fed Business Outlook Survey	5.1	-7.5	12.6

	July, 2010	July, 2009	% Change
Institute of Supply Management
ISM PMI Manufacturing Report on Business	55.5	49.1	6.4
ISM NMI Sevices Report on Business	54.3	46.4	7.9
ISM NMI Business Activity Index	57.4	46.1	11.3

Consumer Expectations (U. Mich / Reuters)	July, 2010	July, 2009	% Change
Consumer Sentiment	76.0	70.8	7.3
Consumer Expectations	69.8	69.2	0.9

*Updated 8/11/2010.