The many different metropolitan areas in this region are all having different experiences in this recession. Washington, D.C., and its suburbs got whacked by the high-tech debacle, but they can always depend on the U.S. government to provide a steady source of employment and market demand for office space.
Atlanta remains among the nation's leaders in new home construction, but the area's 18.3 percent office vacancy rate is the highest the area has seen in 10 years.
Florida's economy will benefit from the fact that more people are expected to move into Florida in the next five years than any other state except California, according to the U.S. Census Bureau.
ELECTRICAL WHOLESALERS' SALES (in millions of dollars)
EW Estimates
Final 1998
Final 1999
Final 2000
Final 2001
Forecast 2002
Forecast 2003
South Atlantic
10,676.0
11,455.5
11,689.1
11,450.6
11,425.2
12,319.2
Delaware
197.7
211.2
215.5
211.1
210.6
227.1
D.C.
99.2
105.2
107.3
105.1
104.9
113.1
Florida
3,811.4
4,166.6
4,251.6
4,164.9
4,155.6
4,480.8
Georgia
2,045.9
2,234.2
2,279.8
2,233.3
2,228.3
2,402.7
Maryland
868.4
919.1
937.8
918.7
916.6
988.4
North Carolina
1,854.2
1,945.8
1,985.5
1,945.0
1,940.7
2,092.6
South Carolina
535.8
563.4
574.9
563.2
561.9
605.9
Virginia
1,052.1
1,095.7
1,118.0
1,095.2
1,092.8
1,178.3
West Virginia
201.3
214.3
218.6
214.2
213.7
230.4
EMPLOYMENT STATISTICS
Actual EC
in thousands
M
F/S/RT
G
South Atlantic
171,098
2,677.3
14,005.6
4,028.3
Delaware
2,882
55.2
254.3
56.0
Dover MSA
403
6.1
28.5
15.6
Wilmington-Newark PMSA
2,302
41.1
199.9
42.5
District of Columbia
966
11.0
385.8
222.4
Washington, DC PMSA
18,789
97.9
1,727.6
614.1
Florida
53,844
447.4
4,583.3
985.1
Daytona Beach MSA
1,266
12.8
102.0
22.6
Fort Lauderdale PMSA
5,950
37.3
442.9
98.4
Fort Myers-Cape Coral MSA
2,248
7.1
110.4
25.6
Gainesville MSA
510
4.5
66.9
38.0
Jacksonville MSA
4,626
38.2
370.8
63.4
Lakeland-Winter Haven MSA
1,198
17.7
106.0
24.0
Melbourne-Titusville-Palm Bay MSA
1,327
23.3
116.0
25.6
Miami PMSA
5,898
61.0
617.6
153.7
Orlando MSA
7,550
52.8
616.3
88.5
Pensacola MSA
1,484
8.6
93.1
27.2
Sarasota-Bradenton MSA
1,358
21.3
207.8
22.9
Tallahassee MSA
536
4.4
83.6
56.7
Tampa-St. Petersburg-Clearwater MSA
9,294
84.5
820.9
140.1
West Palm Beach-Boca Raton MSA
4,494
26.4
349.8
54.2
Georgia
28,164
541.8
2,049.1
607.5
Albany MSA
788
7.6
27.1
11.5
Athens MSA
383
9.8
34.6
21.5
Atlanta MSA
18,778
211.8
1,211.7
274.0
Augusta-Aiken MSA
875
27.2
96.5
40.4
Columbus MSA
1,251
19.3
66.4
21.5
Macon MSA
956
20.0
77.5
34.1
Savannah MSA
1,197
15.9
80.0
20.3
Maryland
18,881
172.1
1,455.5
461.7
Baltimore PMSA
9,203
95.3
742.8
220.8
Baltimore City
NA
25.9
241.0
85.8
Suburban Maryland-D.C. (Calvert, Charles, Frederick, Montgomery and Prince George's Counties)
