Economic Indicators

For quick reference, Sage offers a complimentary update on chief economic indicators on both a national and local level.

Monthly National Economic Indicators Nov-2011 Oct-2011 Monthly % chg from latest available Year-over-year % chg from latest available
Employment (Thousands, SA)Source: Bureau of Labor Statistics 131,700 131,600 0.1% 1.2%
Unemployment Rate (SA)Source: Bureau of Labor Statistics 8.7 8.9 -2.2% -11.2%
CPI (Index, 1982-84=100, SA) Source: Bureau of Labor Statistics 226.720 226.763 0.0% 3.4%
Retail Sales ($millions, SA)Source: U.S. Census Bureau 399,349 398,466 0.2% 6.7%
Existing-Home Sales (Millions, SAAR) Source: National Association of Realtors 4.42 4.25 4.0% -4.7%
Median Existing House Prices ($thousand, SA)Source: National Association of Realtors 164.2 160.8 2.1% -3.5%
Construction Spending ($millions, SA)Source: U.S. Census Bureau 807,114 797,422 1.2% 0.5%
Vehicle Sales (Millions, SAAR)Source: AutoData Corp. 13.6 13.2 3.0% 10.6%
Consumer Confidence (Index, 1985=100) Source: Conference Board 55.2 40.9 35.0% -4.5%
Trade Balance ($millions) Source: Bureau of Economic Analysis -47.8 -43.3 -4.5 (net chg) -9.0 (net chg)
Quarterly National Economic Indicators 2011Q3 2011Q2 Quarterly % chg from latest available Year-over-year % chg from latest available
Real GDP (ann. % chg) Source: Bureau of Economic Analysis 1.81% 1.33% NA NA
Personal Income ($billions, SAAR)Source: Bureau of Economic Analysis 12,979.6 12,955.3 0.2% 4.2%
State/Local Employment Situations Nov-2011 UR* Nov-2011 Monthly % chg from latest available Year-over-year % chg from latest available
MD Employment (Thousands, SA) 6.9 2,535.0 0.1% 0.7%
DC Employment (Thousands, SA) 10.6 716.8 0.3% 0.3%
DE Employment (Thousands, SA) 7.6 410.0 -0.7% -0.8%
NJ Employment (Thousands, SA) 9.1 3,881.0 0.3% 0.8%
PA Employment (Thousands, SA) 7.9 5,695.8 0.0% 0.9%
VA Employment (Thousands, SA) 6.2 3,652.0 -0.1% 0.5%
Baltimore Metro Employment (Thousands, SA) 6.7 1,282.8 0.1% 1.3%
New York Metro Employment (Thousands, SA) 8.7 5,179.0 0.3% 0.6%
Philadelphia Metro Employment (Thousands, SA) 7.9 1,866.1 0.0% 0.0%
Washington, DC Metro Employment (Thousands, SA) 5.5 2,424.1 -0.1% 0.5%
*Metro UR is NSA
Source: Bureau of Labor Statistics
Maryland Home Sales Nov-2011 Oct-2011 Monthly % chg from latest available Year-over-year % chg from latest available
Unit Sales 3,798 3,751 -10.9% -1.3%
Average Sales Price $277,472 $264,183 -5.2% -3.4%
Median Sales Price $230,460 $221,765 -3.1% -4.3%
Active Inventory 32,120 34,277 -4.6% -16.5%
Source: Maryland Association of Realtors
For a more extensive look, please refer to this PDF: Economic Indicators. If you have any questions or comments on the economic indicators covered by Sage, please e-mail Joshua Lowery at jlowery@sagepolicy.com